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Argent IndustrialJSE:ART -0.61%72 Debt-to-Equity is 0.06 as of Mar. 2026, which is 45% below its 10-year median of 0.11. GuruFocus rates JSE:ART with a GF Score™ of 72/100 and a GF Value™ of R29.99 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 547 Steel companies, Argent Industrial ranks better than 88.85% 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 Argent Industrial's Debt-to-Equity or its related term are showing as below:
JSE:ART'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.11 Max: 0.24
Current: 0.06
During the past 13 years, the highest Debt-to-Equity Ratio of Argent Industrial was 0.24. The lowest was 0.06. And the median was 0.11.
JSE:ART's Debt-to-Equity is ranked better than 88.85% of 547
companies
in the Steel industry
Industry Median: 0.4
vs JSE:ART: 0.06
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.
Argent Industrial Debt-to-Equity Related Terms
Argent Industrial Debt-to-Equity Historical Data
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The historical data trend for Argent Industrial'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.
JSE:ART vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, Argent Industrial'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.
Argent Industrial Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Argent Industrial's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Argent Industrial'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.
Argent Industrial (JSE:ART) has a Debt-to-Equity of 0.06 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Argent Industrial and its competitors. This is 45% below median its historical median of 0.11. Over the past decade, Argent Industrial's Debt-to-Equity has ranged from 0.06 to 0.24. According to the industry distribution chart, Argent Industrial ranks #61 out of 547 companies in the Steel industry, placing it in the top 11.2%.
Is Argent Industrial's Debt-to-Equity too high?
Argent Industrial's current Debt-to-Equity of 0.06 is 45% below median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.24. The Steel industry median Debt-to-Equity is 0.40. Argent Industrial's value of 0.06 is 85% below this industry median. Based on the distribution chart, Argent Industrial ranks #61 out of 547 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Argent Industrial has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Argent Industrial ranks #61 out of 547 companies for Debt-to-Equity. This places Argent Industrial in the top 11% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.40. Argent Industrial's value of 0.06 is 85% below this benchmark. Historically, Argent Industrial's own Debt-to-Equity has ranged from 0.06 to 0.24 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.40, Argent Industrial 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.40, based on 547 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. Argent Industrial's current Debt-to-Equity of 0.06 is 85% 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 Argent Industrial and its competitors. For the Steel 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. Argent Industrial's current Debt-to-Equity is 0.06, which is 45% below median its own 10-year median of 0.11. 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 R29.99, compared to a current price of R39.30 — trading 31% above its estimated fair value. The current Debt-to-Equity is 0.06, which is 45% below median its 10-year median of 0.11 and 85% below the Steel industry median of 0.40. Argent Industrial's overall GF Score™ is 72/100 with 6 warning signs 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 Argent Industrial (JSE:ART), the current Debt-to-Equity is 0.06 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 R39.30 is trading 31% above its estimated GF Value™ of R29.99.
GuruFocus considers Argent Industrial to be Significantly Overvalued.
Key valuation signals for JSE:ART:
Debt-to-Equity: 0.06 (45% below median its 10-year median of 0.11)
GF Value™: R29.99 vs. price of R39.30 (31% above fair value)
Industry Position: 85% below the Steel median (#61 of 547)
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.
72GF Score
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