Argent Industrial (JSE:ART) Construction In Progress: R0 Mil (As of Mar. 2026)

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JSE:ART Argent Industrial Ltd JSE:ART
76 GF Score
Price R38.13
GF Value R29.94
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Argent Industrial Construction In Progress?

Argent Industrial JSE:ART -0.80% 76 Construction In Progress is R0 Mil as of Mar. 2026. GuruFocus rates JSE:ART with a GF Score™ of 76/100 and a GF Value™ of R29.94 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Argent Industrial Construction In Progress Historical Data

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The historical data trend for Argent Industrial's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Argent Industrial Construction In Progress Chart

Argent Industrial Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
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Argent Industrial Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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JSE:ART
76GF Score
Argent Industrial Ltd JSE:ART
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Argent Industrial Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of R0 Mil mean?
Argent Industrial (JSE:ART) has a Construction In Progress of R0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Argent Industrial and its competitors.
Is Argent Industrial's Construction In Progress too high?
Argent Industrial's current Construction In Progress is R0 Mil. Overall, Argent Industrial has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Construction In Progress compare to NUE and STLD?
Argent Industrial's Construction In Progress of R0 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Steel company?
A good Construction In Progress depends on the Steel industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Argent Industrial and its competitors. Argent Industrial's current Construction In Progress is R0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argent Industrial stock overvalued right now?
Based on GuruFocus' analysis, Argent Industrial (JSE:ART) is currently considered Modestly Overvalued. The stock's GF Value™ is R29.94, compared to a current price of R38.13 — trading 27.4% above its estimated fair value. The current Construction In Progress is R0 Mil. Argent Industrial's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Argent Industrial (JSE:ART), the current Construction In Progress is R0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Argent Industrial (JSE:ART) Overvalued in 2026?

Based on GuruFocus' analysis, Argent Industrial stock appears to be overvalued. The current stock price of R38.13 is trading 27.4% above its estimated GF Value™ of R29.94. GuruFocus considers Argent Industrial to be Modestly Overvalued.

Key valuation signals for JSE:ART:

  • Construction In Progress: R0 Mil
  • GF Value™: R29.94 vs. price of R38.13 (27.4% above fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the JSE:ART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Argent Industrial Business Description

Other Exchanges AILTF:USA
Address 8 Sinembe Crescent, Sinembe Park, First Floor, Ridge 63, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019
Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group's manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.
76GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R38.13
Price
R29.94
GF Value