Grupo Argos S.A.

Grupo Argos S.A.

3,075.00
CLP
0.00
(0.00%)
271.71EPS
Nov 13Next Earn
Grupo Argos S.A.
BCS:GRPARGOSCL
(Santiago Stock Exchange)

Recent

price

3,075.00

P/E

ratio

- -

div

yld

15.22%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
COP
8,461.92
9,051.95
9,149.46
9,806.27
11,857.15
16,085.98
17,872.32
17,156.11
16,833.46
19,785.47
16,478.14
19,021.69
24,780.5
17,674.54
15,011.98
15,530.55
16,251.96
Revenue per Share
607.5
240.38
471
379.11
664.69
413.96
723.92
718.87
790.56
812.17
-117.8
687.9
1,023.54
1,065.02
5,377.41
3,714.06
2,438.5
Basic EPS, GAAP
-1,905.74
-1,861.12
387.76
-463.61
1,587.27
1,337.33
451.17
1,789.75
1,987.72
2,157.67
1,738.96
2,516.52
571.76
2,587.17
794.37
1,297.7
1,809.87
Free Cash Flow per Basic Share
185.78
201.93
227.38
232.14
602.49
645.95
675.35
777.49
797.83
951.71
959.76
977.63
945.92
1,210.77
1,199.15
1,784.86
1,713.24
Dividend per Share
16,239.7
12,331.48
16,476.08
16,832.16
18,192.07
18,417.73
24,181.64
18,899.27
19,346.59
19,826.42
19,608.47
21,432.21
24,445.68
21,953.43
26,195.78
15,491.15
14,198.25
Book Value per Share
16,239.7
9,730.99
14,003.06
13,962.87
16,525.9
16,307.8
21,679.3
13,926.83
10,982.37
10,420.76
10,523.27
12,803.13
20,842.09
19,141.63
23,997.76
12,906.7
11,731.56
Tangible Book Value per Share
639
639
730
778
784
790
814
849
849
849
849
857
861
860
845
756
719
Basic Weighted Avg Shares
5,409,150
5,786,283
6,681,155
7,629,359
9,296,289
12,700,304
14,552,884
14,573,579
14,294,675
16,798,588
13,990,523
16,309,119
21,339,706
15,193,284
12,686,531
11,748,791
11,679,935
Sales/Revenue/Turnover
21.79
11.77
13.78
15.72
18.8
13.62
17.5
16.3
17.28
15.96
11.94
16.45
16.44
20.74
13.51
18.17
16.85
Operating Margin (%)
438,506
380,446
417,467
451,948
561,445
902,994
1,083,520
1,344,325
1,346,956
1,711,055
1,716,688
1,718,651
1,626,911
1,356,988
889,402
898,733
919,984
Depreciation Expense
388,333
153,657
343,938
294,950
521,133
326,830
589,466
610,659
671,327
689,565
-100,013
589,799
881,424
915,503
4,544,419
2,809,671
1,752,494
Net Income, GAAP
24.94
40.95
18.32
38.21
28.55
27.68
23.77
37.11
22.31
32.59
62.09
27.2
36.11
43.27
64.9
44.57
42.87
Effective Tax Rate (%)
7.18
2.66
5.15
3.87
5.61
2.57
4.05
4.19
4.7
4.1
-0.71
3.62
4.13
6.03
35.82
23.91
15
Profit Margin (%)
-123,614
-2,013,869
-477,640
432,213
-317,339
-1,179,685
-959,527
-357,627
-177,892
366,121
41,902
224,294
3,371,846
1,716,841
7,954,700
8,293,790
6,854,933
Working Capital
4,192,144
3,776,431
4,965,741
4,400,250
7,758,431
9,579,481
11,007,997
6,653,888
13,218,578
14,854,751
9,659,025
9,307,133
6,400,699
6,105,387
5,275,848
4,662,302
3,742,311
LT Debt
16,962,618
16,309,879
17,651,458
18,983,389
20,451,501
22,974,090
23,634,596
24,307,148
25,572,737
26,490,257
26,229,851
28,806,558
32,029,904
27,789,414
32,555,069
19,563,215
17,692,878
Total Equity
4.35
2.83
3.73
3.37
3.9
3.66
4.96
4.48
5.45
4.79
1.53
4.99
5.8
4.77
1.7
3.55
3.61
Return on Invested Capital (%)
1.14
1.37
1.46
0.61
1.53
1.6
2.1
2.82
2.64
2.48
0.42
2.27
3.54
4.01
5.58
6.71
6.28
Return on Capital (%)
3.96
1.54
3.08
2.28
3.81
2.24
3.86
3.86
4.13
4.15
-0.6
3.36
4.46
4.58
22.35
17.38
11.2
Return on Common Equity (%)

Capital Structure

COP

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
453,797
463,929
884,411
LT Borrowings
4,558,095
4,315,692
3,552,733
LT Finance Leases
104,207
101,557
189,578
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
681
681
675
Market Capitalization
8,466,368
- -
- -

Working Capital

COP

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13,873,896
13,913,367
13,740,013
Cash, Cash Equivalents & STI
10,068,499
9,920,338
9,163,889
Accounts Receivable, Net
2,062,749
2,454,313
2,051,340
Inventories
1,031,246
1,016,934
955,184
Total Current Liabilities
5,580,106
6,016,577
6,885,080
Payables & Accruals
- -
- -
- -
ST Debt
453,797
463,929
884,411
Deferred Revenue
- -
- -
- -

Growth Rates

COP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.14%
-3%
-39.91%
Free Cash Flow
54.58%
59.41%
46.24%
Net Income, GAAP
-29.61%
-55.64%
-38.17%
Sales/Revenue/Turnover
0.84%
-1.05%
-7.39%
Total Cash Common Dividend
10.91%
11.68%
33.24%

Quarterly Revenue

COP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,718,006
3,436,959
2,945,836
3,623,140
12,686,531
2025
2,903,129
2,688,542
3,343,029
2,814,091
11,748,791
2026
2,692,486
2,830,330
- -
- -
- -

Quarterly Earnings Per Share

COP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,447.61
222.51
391.54
277.75
5,377.41
2025
1,426.43
46.89
2,068.4
199.74
3,714.06
2026
128.06
118.61
- -
- -
- -

Quarterly Dividends Per Share

COP

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
291.23
369.39
1,199.15
2025
345.12
471.25
366.19
507.25
1,784.86
2026
335.09
488.26
- -
- -
- -
Business
Grupo Argos S.A. is a Colombia-based infrastructure investment holding company engaged in the production and distribution of building materials, electric power generation and distribution, road and airport concessions management, and real estate urban development. Founded in 1934 and headquartered in Medellín, Colombia, the company operates across the Americas through four principal business divisions: Cement, Energy, Concessions, and Real Estate Development. In its Cement segment, operated primarily through its publicly traded subsidiary Cementos Argos S.A., the company manufactures and distributes gray and white Portland cement; ready-mix concrete; mortar; aggregates such as crushed stone, gravel, and sand; clinker; and specialized building solutions for residential, commercial, industrial, and civil infrastructure construction markets across Colombia, the Caribbean, Central America, and the United States. In its Energy segment, conducted through Celsia S.A., Grupo Argos develops, operates, and commercializes conventional and renewable electricity; operates hydroelectric power stations, utility-scale solar photovoltaic farms, and thermal generation plants; provides electricity transmission and retail distribution services to residential, commercial, and industrial clients; and delivers behind-the-meter energy efficiency, solar rooftop installations, energy storage, and fiber-optic telecommunications infrastructure. In its Concessions segment, managed through Odinsa S.A., the company designs, finances, constructs, and operates transportation infrastructure assets; manages major toll highway networks; and operates international aviation hubs, including El Dorado International Airport in Bogotá, Colombia, and Mariscal Sucre International Airport in Quito, Ecuador. In its Real Estate Development unit, the company manages urban planning, commercial real estate portfolios, industrial land banks, and commercial forestry plantations. Recent corporate developments include the execution of a landmark ownership restructuring agreement that unwound the historical cross-shareholding structure within the Grupo Empresarial Antioqueño conglomerate alongside Grupo Sura, JGDB Holding, Nugil, and IHC Capital Holding, whereby Grupo Argos divested its equity interest in food producer Grupo Nutresa S.A. in exchange for the exit of JGDB and Nugil from Grupo Argos's shareholder base, solidifying its focus as a dedicated infrastructure vehicle. Additionally, its subsidiary Cementos Argos S.A. completed the strategic combination of its United States business operations with Summit Materials, Inc. in a multi-billion dollar transaction, positioning Cementos Argos as a significant shareholder in Summit Materials while strengthening its core Latin American operations. Furthermore, through Odinsa, the company expanded its co-investment infrastructure platform with Macquarie Asset Management to jointly manage, finance, and expand airport and toll road concession assets across the Americas. In energy, Celsia continues its strategic portfolio transition toward decarbonization through the expansion of solar photovoltaic generation capacity and the selective divestment of non-core generation and transmission assets.