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    Real Estate - Development
Argan S.A.

Argan S.A.

ARG.PA
Argan S.A.undefined flagEuronext Paris
62.40
EUR
+0.60
- -
1.61BMarket Cap
Argan S.A.
ARG.PA
(Euronext Paris)

Recent

price

62.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
3.73
3.45
3.73
4.39
4.68
4.75
4.66
5.12
5.23
6.97
7.67
8.25
8.67
9.59
9.42
- -
Revenue per Share
3.98
1.57
1.87
2.01
2.88
3.5
6.62
6.21
8.86
12.13
12.51
29.7
4.16
-11.44
9.68
- -
Basic EPS, GAAP
2.45
-1.42
-1.68
1.31
0.95
0.98
-4.45
-6.07
-6.71
-5.74
5.91
7.09
5.66
8.02
6.84
- -
Free Cash Flow per Basic Share
0.23
0.36
0.5
0.8
0.82
0.85
0.48
0.36
0.58
0.58
1.71
1.12
0.95
2.67
2.07
- -
Dividend per Share
5.98
3.74
3.89
4.01
4.88
5.5
8.63
8.39
10.87
14.64
14.51
31.71
6.17
-9.43
11.68
- -
Book Value per Share
14.93
15.48
14.55
16.05
17.66
20.6
26.84
35.04
40.05
66.75
63.84
93.69
96.32
81.06
87.04
- -
Tangible Book Value per Share
10
13
14
14
14
14
14
15
16
18
22
22
23
23
25
- -
Basic Weighted Avg Shares
38
44
52
62
66
67
67
76
85
124
171
186
198
221
239
252
Sales/Revenue/Turnover
91.85
90.64
89.3
89.04
91.93
91.27
91.49
91.13
91.23
34.06
77.3
79.25
75.79
77.97
77.72
79.34
Operating Margin (%)
- -
1
- -
- -
- -
5
-1
- -
1
- -
2
- -
- -
- -
- -
- -
Depreciation Expense
40
20
26
28
41
50
95
92
145
215
279
668
95
-263
246
245
Net Income, GAAP
- -
- -
- -
1.53
0.77
- -
- -
0.77
1.22
- -
0.01
- -
0.03
- -
- -
- -
Effective Tax Rate (%)
106.75
45.4
50.11
45.7
61.61
73.71
141.96
121.2
169.25
174.05
163.04
359.85
48.04
-119.33
102.81
97.47
Profit Margin (%)
4
-1
-24
31
-21
-14
-25
-26
-62
-721
-108
119
-73
-149
-47
-682
Working Capital
390
460
536
639
618
604
625
732
748
886
1,665
1,857
1,820
1,841
1,772
1,111
LT Debt
151
195
203
226
250
292
386
518
653
1,239
1,479
2,163
2,255
1,922
2,265
2,450
Total Equity
- -
6.24
6.27
6.4
6.62
- -
6.09
5.62
5.44
- -
4.33
3.85
3.45
- -
4.59
4.75
Return on Invested Capital (%)
- -
7.22
7.69
7.24
8.79
- -
15.14
12.43
16.71
- -
15.69
27.26
4.83
- -
14.26
12.95
Return on Capital (%)
- -
36.65
51.36
51.1
64.94
67.52
94.16
73.87
95.94
98.47
95.67
128.88
22.26
- -
- -
82.67
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.3%
12.36%
8.17%
Free Cash Flow
-69.06%
9.4%
8.06%
Net Income, GAAP
-29.27%
-103.34%
-0.2%
Sales/Revenue/Turnover
14.85%
8.04%
5.27%
Total Cash Common Dividend
44.09%
29.01%
24.47%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
221
2024
- -
- -
- -
- -
239
2025
- -
- -
- -
- -
252

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
-11.44
2024
- -
- -
- -
- -
9.68
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
2.67
2024
- -
- -
- -
- -
2.07
2025
- -
- -
- -
- -
- -
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Business
Argan SA Argan SA is a France-based real estate investment company specializing in the development, construction, ownership, leasing, and management of premium warehouses and logistical platforms for major corporate tenants. Founded in 1993 and headquartered in Neuilly-sur-Seine, France, the company operates exclusively within the French market, serving shippers such as BSH Electromenager, Decathlon, L’Oreal, Castorama, and La Poste, as well as logistics providers including DHL, Geodis, ID Logistics, and Norbert Dentressangle; it delivers turnkey projects encompassing design, building, and long-term rental of modern facilities, including its proprietary Aut0nom® line of net carbon-zero warehouses, with a portfolio approaching 3.7 million square meters and near-100% occupancy. Argan SA conducts operations through subsidiaries IMMO CBI Sarl and Immogonesse SAS, focusing on single-client and multi-client logistics platforms in regions such as Ile-de-France, Rhone-Alpes, and others. The company maintains a family-owned structure as the sole French-listed pure player in premium logistics real estate on Euronext Paris since its 2007 IPO, targeting rental income of €210 million and recurring net income of €151 million by end-2025, supported by a €3.91 billion portfolio appraisal (excluding duties) and 43.1% loan-to-value ratio. In recent developments, Argan SA secured a €500 million bridge-to-bond loan in November 2025 from banks including J.P. Morgan, Crédit Agricole CIB, BNP Paribas, and Société Générale to refinance its 2021 bond maturing in 2026; it announced a €220 million investment plan for 2025-2026, including €105 million in 2025 via four self-developments and one acquisition, and €115 million in 2026 via three self-developments, one extension, and two acquisitions, all pre-let to blue-chip clients at an average 6% yield. Key 2025 project deliveries and commencements feature a cross-dock fulfillment center in Lens, Aut0nom® inaugurations in Bain-de-Bretagne and Metz for 4Murs, extensions for Celio and Geodis in Toulouse, new sites for Danone in Sorigny and Nortene Home Depot, a 30,000 sq.m facility for Dimolog near Rennes, and partnerships like with Rexel to cut CO2 emissions by a factor of 14 in Cestas; rental income rose 8% in H1 2025 and 6% over nine months, confirming a full-year +7% growth target, alongside its first GRESB rating, S&P investment-grade affirmation, and ESG report publication.

Company News

APIChatGPT

  • globenewswire.com

    2026 ESG REPORT: ARGAN CONFIRMED ITS PROGRESS AND REACHED A FIRST KEY MILESTONE, IN 2025, OF ITS ROADMAP TOWARD 2030