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Argent IndustrialJSE:ART -0.03%72 EV-to-EBITDA is 3.85 as of Jul. 22, 2026, which is 38% above its 10-year median of 2.78. 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 530 Steel companies, Argent Industrial ranks better than 86.6% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Argent Industrial's enterprise value is R1,628 Mil.
Argent Industrial's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was R423 Mil. Therefore, Argent Industrial's EV-to-EBITDA for today is 3.85.
The historical rank and industry rank for Argent Industrial's EV-to-EBITDA or its related term are showing as below:
JSE:ART'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -3.29 Med: 2.78 Max: 4.95
Current: 3.85
During the past 13 years, the highest EV-to-EBITDA of Argent Industrial was 4.95. The lowest was -3.29. And the median was 2.78.
JSE:ART's EV-to-EBITDA is ranked better than 86.6% of 530
companies
in the Steel industry
Industry Median: 9.875
vs JSE:ART: 3.85
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Argent Industrial's PE Ratio (TTM) for today is calculated as:
Argent Industrial's share price for today is R39.54.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argent Industrial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was R5.431.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Argent Industrial's EV-to-EBITDA 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.
For the Steel subindustry, Argent Industrial's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Argent Industrial's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Argent Industrial's EV-to-EBITDA falls into.
Argent Industrial's current Enterprise Value is R1,628 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argent Industrial's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was R423 Mil.
* 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 EV-to-EBITDA of 3.85 as of Jul. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Argent Industrial. This is 38% above median its historical median of 2.78. According to the industry distribution chart, Argent Industrial ranks #71 out of 530 companies in the Steel industry, placing it in the top 13.4%.
Is Argent Industrial's EV-to-EBITDA too high?
Argent Industrial's current EV-to-EBITDA of 3.85 is 38% above median its 10-year median of 2.78. The Steel industry median EV-to-EBITDA is 9.88. Argent Industrial's value of 3.85 is 61% below this industry median. Based on the distribution chart, Argent Industrial ranks #71 out of 530 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 EV-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Argent Industrial ranks #71 out of 530 companies for EV-to-EBITDA. This places Argent Industrial in the top 13% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.88. Argent Industrial's value of 3.85 is 61% below this benchmark. While the company's 10-year median is 2.78 vs. the industry median of 9.88, 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 EV-to-EBITDA for a Steel company?
The median EV-to-EBITDA among Steel companies is 9.88, based on 530 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argent Industrial's current EV-to-EBITDA of 3.85 is 61% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Argent Industrial. For the Steel industry, the median EV-to-EBITDA is 9.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argent Industrial's current EV-to-EBITDA is 3.85, which is 38% above median its own 10-year median of 2.78. 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 R39.54 — trading 31.8% above its estimated fair value. The current EV-to-EBITDA is 3.85, which is 38% above median its 10-year median of 2.78 and 61% below the Steel industry median of 9.88. 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 EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Argent Industrial (JSE:ART), the current EV-to-EBITDA is 3.85 as of Jul. 22, 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 R39.54 is trading 31.8% above its estimated GF Value™ of R29.99.
GuruFocus considers Argent Industrial to be Significantly Overvalued.
Key valuation signals for JSE:ART:
EV-to-EBITDA: 3.85 (38% above median its 10-year median of 2.78)
GF Value™: R29.99 vs. price of R39.54 (31.8% above fair value)
Industry Position: 61% below the Steel median (#71 of 530)
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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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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