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ArganAGX -1.44%85 EV-to-OCF is 8.18 as of Sep. 11, 2026, which is 274% above its 10-year median of 2.19. GuruFocus rates AGX with a GF Score™ of 85/100 and a GF Value™ of $236.30 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,796 Construction companies, Argan ranks worse than 55.12% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Argan's Enterprise Value is $4,543 Mil.
Argan's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2026 was $555 Mil. Therefore, Argan's EV-to-OCF for today is 8.18.
The historical rank and industry rank for Argan's EV-to-OCF or its related term are showing as below:
AGX'
s EV-to-OCF Range Over the Past 10 Years
Min: -8.64 Med: 2.19 Max: 143.63
Current: 8.18
During the past 13 years, the highest EV-to-OCF of Argan was 143.63. The lowest was -8.64. And the median was 2.19.
AGX's EV-to-OCF is ranked worse than 55.12% of 1796
companies
in the Construction industry
Industry Median: 6.825
vs AGX: 8.18
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
As of today (2026-09-11), Argan's stock price is $396.33.
Argan's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2026 was $12.640. Therefore, Argan's PE Ratio (TTM) for today is 31.36.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Argan's share price for today is $396.33.
Argan's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.640.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Argan EV-to-OCF Related Terms
Argan EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Argan's EV-to-OCF 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 Engineering & Construction subindustry, Argan's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Construction Industry
For the Construction industry and Industrials sector, Argan's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Argan's EV-to-OCF falls into.
Argan's current Enterprise Value is $4,543 Mil.
Argan's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $555 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.
Argan (AGX) has a EV-to-OCF of 8.18 as of Sep. 11, 2026. This is 274% above median its historical median of 2.19. According to the industry distribution chart, Argan ranks #990 out of 1796 companies in the Construction industry, placing it in the top 55.1%.
Is Argan's EV-to-OCF too high?
Argan's current EV-to-OCF of 8.18 is 274% above median its 10-year median of 2.19. The Construction industry median EV-to-OCF is 6.83. Argan's value of 8.18 is 19.9% above this industry median. Based on the distribution chart, Argan ranks #990 out of 1796 companies in the Construction industry, which is below the industry midpoint. Overall, Argan has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argan's EV-to-OCF compare to ECG and ROAD?
According to the Construction industry distribution chart, Argan ranks #990 out of 1796 companies for EV-to-OCF. This places Argan in the lower half of its industry. The industry median EV-to-OCF is 6.83. Argan's value of 8.18 is 19.9% above this benchmark. While the company's 10-year median is 2.19 vs. the industry median of 6.83, Argan 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 EV-to-OCF for a Construction company?
The median EV-to-OCF among Construction companies is 6.83, based on 1,796 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argan's current EV-to-OCF of 8.18 is 19.9% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median EV-to-OCF is 6.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argan's current EV-to-OCF is 8.18, which is 274% above median its own 10-year median of 2.19. 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 (AGX) is currently considered Significantly Overvalued. The stock's GF Value™ is $236.30, compared to a current price of $396.33 — trading 67.7% above its estimated fair value. The current EV-to-OCF is 8.18, which is 274% above median its 10-year median of 2.19 and 19.9% above the Construction industry median of 6.83. Argan's overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Argan (AGX), the current EV-to-OCF is 8.18 as of Sep. 11, 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 (AGX) Overvalued in 2026?
Based on GuruFocus' analysis, Argan stock appears to be overvalued.
The current stock price of $396.33 is trading 67.7% above its estimated GF Value™ of $236.30.
GuruFocus considers Argan to be Significantly Overvalued.
Key valuation signals for AGX:
EV-to-OCF: 8.18 (274% above median its 10-year median of 2.19)
GF Value™: $236.30 vs. price of $396.33 (67.7% above fair value)
Industry Position: 19.9% above the Construction median (#990 of 1796)
No single metric tells the full story. See the AGX 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.
85GF Score
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