Argent IndustrialJSE:ART -2.40%68 Current Ratio is 2.52 as of Sep. 2025, which is 2% below its 10-year median of 2.57. GuruFocus rates JSE:ART with a GF Score™ of 68/100 and a GF Value™ of R23.59 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 638 Steel companies, Argent Industrial ranks better than 69.28% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Argent Industrial's current ratio for the quarter that ended in Sep. 2025 was 2.52.
Argent Industrial has a current ratio of 2.52. It generally indicates good short-term financial strength.
The historical rank and industry rank for Argent Industrial's Current Ratio or its related term are showing as below:
JSE:ART'
s Current Ratio Range Over the Past 10 Years
Min: 2.3 Med: 2.57 Max: 3.53
Current: 2.52
During the past 13 years, Argent Industrial's highest Current Ratio was 3.53. The lowest was 2.30. And the median was 2.57.
JSE:ART's Current Ratio is ranked better than 69.28% of 638
companies
in the Steel industry
Industry Median: 1.63
vs JSE:ART: 2.52
Argent Industrial (JSE:ART) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Argent Industrial Current Ratio Related Terms
Argent Industrial Current Ratio Historical Data
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The historical data trend for Argent Industrial's Current Ratio 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.
JSE:ART vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Argent Industrial's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Argent Industrial Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Argent Industrial's Current Ratio distribution charts can be found below:
* The bar in red indicates where Argent Industrial's Current Ratio falls into.
* 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 (JSE:ART) has a Current Ratio of 2.52 as of Sep. 2025. This is near median its historical median of 2.57. Over the past decade, Argent Industrial's Current Ratio has ranged from 2.30 to 3.53. According to the industry distribution chart, Argent Industrial ranks #196 out of 638 companies in the Steel industry, placing it in the top 30.7%.
Is Argent Industrial's Current Ratio too high?
Argent Industrial's current Current Ratio of 2.52 is near median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 3.53. The Steel industry median Current Ratio is 1.63. Argent Industrial's value of 2.52 is 54.6% above this industry median. Based on the distribution chart, Argent Industrial ranks #196 out of 638 companies in the Steel industry, which is above the industry midpoint. Overall, Argent Industrial has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Argent Industrial ranks #196 out of 638 companies for Current Ratio. This puts Argent Industrial in the upper half of its industry. The industry median Current Ratio is 1.63. Argent Industrial's value of 2.52 is 54.6% above this benchmark. Historically, Argent Industrial's own Current Ratio has ranged from 2.30 to 3.53 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 1.63, Argent Industrial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Steel company?
The median Current Ratio among Steel companies is 1.63, based on 638 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argent Industrial's current Current Ratio of 2.52 is 54.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argent Industrial's current Current Ratio is 2.52, which is near median its own 10-year median of 2.57. 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 Significantly Overvalued. The stock's GF Value™ is R23.59, compared to a current price of R36.60 — trading 55.2% above its estimated fair value. The current Current Ratio is 2.52, which is near median its 10-year median of 2.57 and 54.6% above the Steel industry median of 1.63. Argent Industrial's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Argent Industrial (JSE:ART), the current Current Ratio is 2.52 as of Sep. 2025. 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 R36.60 is trading 55.2% above its estimated GF Value™ of R23.59.
GuruFocus considers Argent Industrial to be Significantly Overvalued.
Key valuation signals for JSE:ART:
Current Ratio: 2.52 (near median its 10-year median of 2.57)
GF Value™: R23.59 vs. price of R36.60 (55.2% above fair value)
Industry Position: 54.6% above the Steel median (#196 of 638)
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 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.
68GF Score
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