Raghsa SA Class A

Raghsa SA Class A

BBYMA:RAGH
1,790.00
ARS
+40.00
(+2.29%)
9.61EPS
182.13P/E
697.90BMarket Cap
Raghsa SA Class A
BYMA:RAGH
(Buenos Aires Stock Exchange)

Recent

price

1,790.00

P/E

ratio

182.13

div

yld

- -

ROIC.AI

2024
2025
2026
TTM
ARS
182.09
172.89
243.37
272.98
Revenue per Share
-535.87
-715.42
-60.1
9.61
Basic EPS, GAAP
11.5
114.5
192.4
262.57
Free Cash Flow per Basic Share
- -
- -
- -
- -
Dividend per Share
3,054.23
2,008.74
2,043.81
2,098.04
Book Value per Share
3,054.23
2,008.74
2,043.32
2,097.57
Tangible Book Value per Share
399
399
390
396
Basic Weighted Avg Shares
72,616
68,950
94,915
108,156
Sales/Revenue/Turnover
70.16
44.24
55.6
58.2
Operating Margin (%)
160
228
148
151
Depreciation Expense
-213,707
-285,309
-23,440
3,807
Net Income, GAAP
- -
- -
- -
84.42
Effective Tax Rate (%)
-294.3
-413.79
-24.7
3.52
Profit Margin (%)
205,716
124,097
-29,375
47,203
Working Capital
452,695
343,350
510,247
526,878
LT Debt
1,235,017
801,089
815,074
836,701
Total Equity
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
-28.26
-2.9
- -
Return on Common Equity (%)

Capital Structure

ARS

•

in mil. unless spec.
Nov'26
Feb'26
May'27
ST Debt
8,712
23,309
4,652
LT Borrowings
168,622
510,247
526,878
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
399
399
399
Market Capitalization
650,046
669,987
697,903

Working Capital

ARS

•

in mil. unless spec.
Nov'26
Feb'26
May'27
Total Current Assets
89,666
87,051
90,840
Cash, Cash Equivalents & STI
76,492
69,836
73,915
Accounts Receivable, Net
7,780
5,341
5,002
Inventories
- -
- -
- -
Total Current Liabilities
37,792
116,426
43,637
Payables & Accruals
- -
- -
- -
ST Debt
8,712
23,309
4,652
Deferred Revenue
- -
- -
- -

Growth Rates

ARS

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
1.75%
Free Cash Flow
- -
- -
64.32%
Net Income, GAAP
- -
- -
-91.78%
Sales/Revenue/Turnover
- -
- -
37.66%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

ARS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
14,958
13,676
18,074
68,950
2026
17,089
17,409
27,657
34,132
94,915
2027
28,958
- -
- -
- -
- -

Quarterly Earnings Per Share

ARS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
-131.72
-525.41
-37.03
-715.42
2026
-150.07
56.69
58.39
-50.38
-60.1
2027
-56.16
- -
- -
- -
- -

Quarterly Dividends Per Share

ARS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
Business
Raghsa SA is a real estate development, investment, and asset management company that develops, acquires, leases, and manages premium commercial office properties and luxury residential towers. Founded in 1969 and headquartered in Buenos Aires, Argentina, the company operates primarily across prime business districts and affluent residential corridors in the Buenos Aires Metropolitan Area, with selective cross-border property investments and holdings in Punta del Este, Uruguay, and New York City, United States. Raghsa SA conducts its activities through two principal operating segments: Commercial Real Estate and Residential Real Estate. Its core products and services include the development, long-term leasing, and facility management of Class AAA, LEED-certified corporate office towers, including landmark developments such as Centro Empresarial Libertador, Centro Empresarial Núñez, Madero Office, 955 Belgrano Office, Madero Riverside, Plaza San Martín, and San Martín 344; the development and marketing of high-end luxury residential towers, notably under its signature Le Parc brand, including Le Parc Residential Tower, Le Parc Puerto Madero, Le Parc Figueroa Alcorta, and Le Parc Punta del Este; commercial lease administration and tenant advisory services; master-planned corporate space configuration; and property operations management tailored to multinational corporations, premier financial institutions, and high-net-worth individuals. In recent company developments, Raghsa SA completed its Initial Public Offering and listed its Class A shares on the Bolsas y Mercados Argentinos under the ticker symbol RAGH in July 2025 to optimize its capital structure and finance property expansions. In May 2025, the company secured a comprehensive single-tenant lease agreement with JPMorgan Chase for the entire 50,000-square-meter Centro Empresarial Núñez complex. In August 2025, Raghsa SA expanded its international portfolio through the 205 million US dollar acquisition of a prime commercial office building in Manhattan's Chelsea district in New York. In December 2025, the company acquired a 5,800-square-meter parcel on Avenida del Libertador 7055 in Buenos Aires for 73 million US dollars, adding approximately 75,500 square meters of buildable corporate capacity, following its acquisition of a strategic development site at Avenida del Libertador and Manuela Pedraza for a projected 160 million US dollar premium office tower. In addition, Moody's Ratings upgraded Raghsa SA's Corporate Family Rating and senior unsecured notes to B2 with a stable outlook in mid-2025, reflecting solid occupancy metrics, steady rental revenue generation, and an improved credit profile.