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ArganFRA:1AW -5.24%79 Debt-to-Equity is 0.02 as of Apr. 2026, which is 100% above its 10-year median of 0.01. GuruFocus rates FRA:1AW with a GF Score™ of 79/100 and a GF Value™ of €162.13 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,616 Construction companies, Argan ranks better than 95.42% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Argan's Debt-to-Equity or its related term are showing as below:
FRA:1AW'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.02
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of Argan was 0.02. The lowest was 0.00. And the median was 0.01.
FRA:1AW's Debt-to-Equity is ranked better than 95.42% of 1616
companies
in the Construction industry
Industry Median: 0.4
vs FRA:1AW: 0.02
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Argan Debt-to-Equity Related Terms
Argan Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Argan's Debt-to-Equity 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.
FRA:1AW vs TTEK, FLR, ACA: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Argan's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Argan Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Argan's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Argan's Debt-to-Equity 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.
Argan (FRA:1AW) has a Debt-to-Equity of 0.02 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Argan and its competitors. This is 100% above median its historical median of 0.01. According to the industry distribution chart, Argan ranks #74 out of 1616 companies in the Construction industry, placing it in the top 4.6%.
Is Argan's Debt-to-Equity too high?
Argan's current Debt-to-Equity of 0.02 is 100% above median its 10-year median of 0.01. The Construction industry median Debt-to-Equity is 0.40. Argan's value of 0.02 is 95% below this industry median. Based on the distribution chart, Argan ranks #74 out of 1616 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Argan has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argan's Debt-to-Equity compare to TTEK and FLR?
According to the Construction industry distribution chart, Argan ranks #74 out of 1616 companies for Debt-to-Equity. This places Argan in the top 5% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.40. Argan's value of 0.02 is 95% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.40, Argan has consistently been below 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 Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,616 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argan's current Debt-to-Equity of 0.02 is 95% below 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Argan and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argan's current Debt-to-Equity is 0.02, which is 100% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argan stock overvalued right now?
Based on GuruFocus' analysis, Argan (FRA:1AW) is currently considered Significantly Overvalued. The stock's GF Value™ is €162.13, compared to a current price of €445.00 — trading 174.5% above its estimated fair value. The current Debt-to-Equity is 0.02, which is 100% above median its 10-year median of 0.01 and 95% below the Construction industry median of 0.40. Argan's overall GF Score™ is 79/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Argan (FRA:1AW), the current Debt-to-Equity is 0.02 as of Apr. 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 Argan (FRA:1AW) Overvalued in 2026?
Based on GuruFocus' analysis, Argan stock appears to be overvalued.
The current stock price of €445.00 is trading 174.5% above its estimated GF Value™ of €162.13.
GuruFocus considers Argan to be Significantly Overvalued.
Key valuation signals for FRA:1AW:
Debt-to-Equity: 0.02 (100% above median its 10-year median of 0.01)
GF Value™: €162.13 vs. price of €445.00 (174.5% above fair value)
Industry Position: 95% below the Construction median (#74 of 1616)
No single metric tells the full story. See the FRA:1AW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argan Inc is a United States-based construction firm that conducts operations through its wholly-owned subsidiaries, GPS, APC, TRC, and SMC. Through GPS and APC it provides a full range of engineering, procurement, construction, commissioning, maintenance, project development and technical consulting services to the power generation market, including the renewable energy sector, for a wide range of customers, including independent power project owners, public utilities, power plant heavy equipment suppliers and other commercial firms with power requirements in the U.S., Ireland and the U.K. It operates in three segments: Power Services, Industrial Services, and Teledata, out of which Power Services derives the majority of revenue.
79GF Score
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