AGX

HoldFallen Favourite

Argan, Inc. · Industrials · United States · $4.6B cap · $124.9M/day traded

$331.03 +0.2% · close 23 Oct · scored 24 Oct

Fallen Favourite: A good business, still expensive, and the price is falling.

41
StockRank
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Quality
79
Value
33
Momentum
21

As of 24 Oct 2026, MoatMap's StockRank for Argan, Inc. (AGX) is 41/100, ranked against 24,000+ stocks in 35 markets (Quality 79, Value 33, Momentum 21, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
26.2x
peers 25.9x
ROE
39.8%
peers 8.9%
D/E
0.0x
peers 0.6x
Dividend %
0.6%
trailing yield

ABOUT ARGAN, INC.

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Argan, Inc. operates as a holding company providing comprehensive services to the power industry, primarily through its Gemma Power Systems subsidiary which specializes in engineering, procurement, and construction (EPC) of power plants. The company holds a strong position in the market for gas-fired and renewable energy power generation infrastructure, capitalizing on the global energy transition. Argan is a significant EPC contractor known for its expertise in building efficient power facilities.

FINANCIAL SUMMARY (USD)

Year20222023202420252026CAGRTTM2027E2028EFwd CAGR
Revenue509.4M455.0M573.3M874.2M944.6M16.7%1.2B1.4B1.7B33.6%
EPS2.432.352.426.3510.0042.4%12.6513.6216.5428.6%
Shares15.8M13.4M13.2M13.6M14.0M-11.6%14.0M———
Debt1.4M1.6M2.7M2.7M2.5M16.5%10.9M———
Equity326.4M280.9M290.9M351.9M462.3M9.1%————
Op CF28.4M-30.1M116.9M167.6M414.7M95.5%555.2M———
Inv CF-7.0M-63.1M-67.6M-193.6M-182.0M—————
Fin CF-34.6M-82.8M-26.1M-26.1M-42.6M—————
Loading 1Y...
PRICE (1Y) · USD-15.7%
33035337539742014 Sep5 Oct23 Oct
SMA 50SMA 200

Price checkNo clear trendExperimental

No clear trend: not near its 52-week low, and not in a steady uptrend.

SwingsVery bumpy

Swung more than 88% of stocks we rank over the past year (78% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$331.03
RSI (14)
30.6
52-Week Range-58.8% from high
Low $266.26High $803.46

SCORE BREAKDOWN

Quality
79
ROIC
38.4%97.6
ROE
39.8%96.2
GP/Assets
20.7%60.5
Op. Margin
14.8%76.0
FCF/Assets
46.0%99.8
Piotroski
544.4
Int. Cover
50.0x88.5
D/E Ratio
0.02x87.7
Current Ratio
1.50x40.8
Value
33
P/E (TTM)
26.2x34.0
EV/EBITDA
19.6x25.5
P/FCF
8.5x77.2
P/B
9.2x6.3
P/S
3.9x19.6
Div Yield
0.6%17.4
Momentum
21
52W High %
41%11.6
RS 6M
-57%3.8
SMA 50/200
0.79x9.8
EPS Rev 4W
-0.8%10.0
EPS Rev 12W
-0.9%20.5
EPS Improve
+27%38.4
Q Growth
51%70.2

FUNDAMENTALS

Market Cap
$4.6B
P/E (Forward)
20.6x
Gross Margin
20.7%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of AGX are excluded.

TickerCompanyMkt CapStockRankSignal
AGXArgan, Inc.(you)$4.6B41Hold
GVAGranite Construction Incorporated$4.7B38Hold
DYDycom Industries, Inc.$6.8B42Hold
ROADConstruction Partners, Inc.$4.7B29Sell
ECGEverus Construction Group, Inc.$4.8B62Hold
MYRGMYR Group Inc.$4.0B60Hold
LGNLegence Corp.$5.9B23Sell
FLRFluor Corporation$5.9B22Sell
EXPOExponent, Inc.$3.7B63Hold
ACMAECOM$7.8B24Sell

Peer medians: ROE 8.9% · P/E 25.9x · Gross margin 29.2%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

Argan, Inc. (AGX): Stock Score Summary

Argan, Inc. (AGX) has a MoatMap StockRank of 41/100 based on Quality (79/100), Value (33/100), and Momentum (21/100) factor scores. The current signal is HOLD.

Argan, Inc. operates as a holding company providing comprehensive services to the power industry, primarily through its Gemma Power Systems subsidiary which specializes in engineering, procurement, and construction (EPC) of power plants. The company holds a strong position in the market for gas-fired and renewable energy power generation infrastructure, capitalizing on the global energy transition. Argan is a significant EPC contractor known for its expertise in building efficient power facilities.

Key Financial Metrics

Price$331.03
Market Cap$4.6B
P/E (TTM)26.17
P/E (Forward)20.55
Price/Book9.17
Return on Equity39.8%
Return on Invested Capital38.4%
Debt/Equity0.02x
Gross Margin20.7%
Operating Margin14.8%
Revenue Growth61.5%
Dividend Yield0.6%
Free Cash Flow$546M

Argan, Inc. operates in the Engineering & Construction industry, part of the Industrials sector (United States).

Frequently Asked Questions

What is Argan, Inc.’s (AGX) StockRank?
MoatMap’s StockRank for Argan, Inc. (AGX) is 41/100, with a Hold signal. It is a composite of Quality (79), Value (33), and Momentum (21), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Argan, Inc. have an economic moat?
Argan, Inc. (AGX) has a Quality factor score of 79/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Argan, Inc. a buy, hold, or sell?
MoatMap’s current signal for Argan, Inc. (AGX) is Hold, based on a StockRank of 41/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Argan, Inc. in?
Argan, Inc. (AGX) operates in the Industrials sector, specifically the Engineering & Construction industry (United States).