Argent

JSE:ART South Africa Steel
Market Cap
$94.95 Million
ZAC178.67 Billion ZAC
Market Cap Rank
#36195 Global
#121 in South Africa
Share Price
ZAC3339.00
Change (1 day)
+0.85%
52-Week Range
ZAC2472.00 - ZAC3419.00
All Time High
ZAC3419.00
About

Argent Industrial Limited manufactures and trades in steel and steel-related products in South Africa, Asia, the Middle East, Australia, New Zealand, North America, South America, rest of Africa, the United Kingdom, rest of Europe, and internationally. The company offers security gates, burglar bars, roller shutters, sectional doors, and expanding barriers; custom-made adjustable louvre shutters;… Read more

Argent (ART) - Net Assets

Latest net assets as of September 2025: ZAC2.00 Billion ZAC

Based on the latest financial reports, Argent (ART) has net assets worth ZAC2.00 Billion ZAC as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC2.90 Billion) and total liabilities (ZAC899.39 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets ZAC2.00 Billion
% of Total Assets 69.0%
Annual Growth Rate 10.67%
5-Year Change 70.1%
10-Year Change 60.81%
Growth Volatility 30.58

Argent - Net Assets Trend (2003–2025)

This chart illustrates how Argent's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Argent (2003–2025)

The table below shows the annual net assets of Argent from 2003 to 2025.

Year Net Assets Change
2025-03-31 ZAC1.93 Billion +11.96%
2024-03-31 ZAC1.72 Billion +13.81%
2023-03-31 ZAC1.51 Billion +18.44%
2022-03-31 ZAC1.28 Billion +12.70%
2021-03-31 ZAC1.13 Billion +8.20%
2020-03-31 ZAC1.05 Billion +1.44%
2019-03-31 ZAC1.03 Billion +5.53%
2018-03-31 ZAC978.53 Million -20.97%
2017-03-31 ZAC1.24 Billion +3.28%
2016-03-31 ZAC1.20 Billion --
2015-03-31 ZAC0.00 --
2014-03-31 ZAC0.00 --
2013-03-31 ZAC1.36 Billion +3.36%
2012-03-31 ZAC1.31 Billion +1.78%
2011-03-31 ZAC1.29 Billion +3.15%
2010-03-31 ZAC1.25 Billion -0.64%
2009-03-31 ZAC1.26 Billion +14.61%
2008-03-31 ZAC1.10 Billion +48.97%
2007-03-31 ZAC738.12 Million +25.20%
2006-03-31 ZAC589.55 Million +51.49%
2005-03-31 ZAC389.16 Million +46.59%
2004-03-31 ZAC265.48 Million +28.06%
2003-03-31 ZAC207.31 Million --

Equity Component Analysis

This analysis shows how different components contribute to Argent's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 1969.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ZAC1.53 Billion 80.33%
Common Stock ZAC277.45 Million 14.61%
Other Components ZAC95.97 Million 5.05%
Total Equity ZAC1.90 Billion 100.00%

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Argent's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,695,724,000 to 1,898,602,000, a change of 202,878,000 (12.0%).
  • Net income of 270,016,000 contributed positively to equity growth.
  • Dividend payments of 65,318,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 97,787,000.
  • Other factors increased equity by 95,967,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC270.02 Million +14.22%
Dividends Paid ZAC65.32 Million -3.44%
Other Comprehensive Income ZAC-97.79 Million -5.15%
Other Changes ZAC95.97 Million +5.05%
Total Change ZAC- 11.96%

Book Value vs Market Value Analysis

This analysis compares Argent's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 95.73x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 833.28x to 95.73x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-03-31 ZAC4.01 ZAC3339.00 x
2004-03-31 ZAC4.29 ZAC3339.00 x
2005-03-31 ZAC5.82 ZAC3339.00 x
2006-03-31 ZAC8.07 ZAC3339.00 x
2007-03-31 ZAC9.24 ZAC3339.00 x
2008-03-31 ZAC12.85 ZAC3339.00 x
2009-03-31 ZAC13.93 ZAC3339.00 x
2010-03-31 ZAC12.94 ZAC3339.00 x
2011-03-31 ZAC13.59 ZAC3339.00 x
2012-03-31 ZAC14.26 ZAC3339.00 x
2013-03-31 ZAC14.74 ZAC3339.00 x
2014-03-31 ZAC12.42 ZAC3339.00 x
2015-03-31 ZAC12.55 ZAC3339.00 x
2016-03-31 ZAC12.96 ZAC3339.00 x
2017-03-31 ZAC13.47 ZAC3339.00 x
2018-03-31 ZAC10.71 ZAC3339.00 x
2019-03-31 ZAC12.26 ZAC3339.00 x
2020-03-31 ZAC13.89 ZAC3339.00 x
2021-03-31 ZAC18.49 ZAC3339.00 x
2022-03-31 ZAC21.58 ZAC3339.00 x
2023-03-31 ZAC26.64 ZAC3339.00 x
2024-03-31 ZAC30.60 ZAC3339.00 x
2025-03-31 ZAC34.88 ZAC3339.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Argent utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 14.22%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.24%
  • • Asset Turnover: 0.92x
  • • Equity Multiplier: 1.50x
  • Recent ROE (14.22%) is above the historical average (9.22%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 20.73% 6.76% 1.43x 2.15x ZAC21.74 Million
2004 23.10% 10.14% 1.33x 1.72x ZAC34.79 Million
2005 21.35% 11.05% 1.16x 1.66x ZAC44.16 Million
2006 18.27% 10.77% 1.04x 1.63x ZAC48.74 Million
2007 21.58% 12.13% 1.06x 1.68x ZAC84.38 Million
2008 17.10% 11.21% 0.92x 1.66x ZAC77.22 Million
2009 9.42% 6.05% 0.99x 1.57x ZAC-7.30 Million
2010 0.94% 0.80% 0.74x 1.59x ZAC-112.70 Million
2011 4.23% 3.09% 0.86x 1.60x ZAC-74.03 Million
2012 5.34% 3.88% 0.90x 1.53x ZAC-60.78 Million
2013 5.64% 4.12% 0.90x 1.53x ZAC-58.78 Million
2014 -17.02% -10.29% 1.08x 1.53x ZAC-307.31 Million
2015 2.27% 1.46% 1.07x 1.46x ZAC-88.92 Million
2016 4.64% 3.23% 1.08x 1.33x ZAC-63.67 Million
2017 5.05% 3.34% 1.07x 1.41x ZAC-60.53 Million
2018 -19.15% -10.07% 1.36x 1.40x ZAC-280.37 Million
2019 8.26% 4.87% 1.22x 1.39x ZAC-17.65 Million
2020 9.37% 5.57% 1.10x 1.54x ZAC-6.51 Million
2021 11.68% 6.63% 1.17x 1.51x ZAC18.76 Million
2022 15.07% 7.82% 1.23x 1.57x ZAC63.99 Million
2023 15.44% 9.37% 1.14x 1.45x ZAC81.23 Million
2024 14.44% 9.63% 1.01x 1.48x ZAC75.35 Million
2025 14.22% 10.24% 0.92x 1.50x ZAC80.16 Million

Industry Comparison

This section compares Argent's net assets metrics with peer companies in the Steel industry.

No peer company data available for comparison.