Argent Industrial (JSE:ART) EV-to-EBIT : 3.19 (As of May. 24, 2025)

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What is Argent Industrial EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Argent Industrial's Enterprise Value is R1,145 Mil. Argent Industrial's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was R359 Mil. Therefore, Argent Industrial's EV-to-EBIT for today is 3.19.

The historical rank and industry rank for Argent Industrial's EV-to-EBIT or its related term are showing as below:

JSE:ART' s EV-to-EBIT Range Over the Past 10 Years
Min: -2.86 Med: 3.54 Max: 11.45
Current: 3.19

During the past 13 years, the highest EV-to-EBIT of Argent Industrial was 11.45. The lowest was -2.86. And the median was 3.54.

JSE:ART's EV-to-EBIT is ranked better than
90.7% of 484 companies
in the Steel industry
Industry Median: 11.915 vs JSE:ART: 3.19

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Argent Industrial's Enterprise Value for the quarter that ended in Sep. 2024 was R1,162 Mil. Argent Industrial's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was R359 Mil. Argent Industrial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 30.85%.

Argent Industrial EV-to-EBIT Historical Data

The historical data trend for Argent Industrial's EV-to-EBIT 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.

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Argent Industrial EV-to-EBIT Chart

Argent Industrial Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EV-to-EBIT

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3.01

2.56

2.96

2.36

1.98

Argent Industrial Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
EV-to-EBIT	Get a 7-Day Free Trial															-	2.36	-	1.98	-

Competitive Comparison of Argent Industrial's EV-to-EBIT

For the Steel subindustry, Argent Industrial's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Argent Industrial's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Argent Industrial's EV-to-EBIT falls into.

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Argent Industrial EV-to-EBIT Calculation

Argent Industrial's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	1145.034	/	358.574
	=	3.19

Argent Industrial's current Enterprise Value is R1,145 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argent Industrial's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was R359 Mil.

Argent Industrial (JSE:ART) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Argent Industrial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2024 )	=	EBIT	/	Enterprise Value (Q: Sep. 2024 )
	=	358.574	/	1162.45231
	=	30.85 %

Argent Industrial's Enterprise Value for the quarter that ended in Sep. 2024 was R1,162 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argent Industrial's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was R359 Mil.

Argent Industrial EV-to-EBIT Related Terms

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Argent Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Argent Industrial Ltd (JSE:ART) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

First Floor, Ridge 63, 8 Sinembe Crescent, Sinembe Park, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019

Website

https://www.argent.co.za

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 of ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group 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.

Argent Industrial Headlines

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