Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Argent Industrial's Enterprise Value is R1,579 Mil.
Argent Industrial's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was R403 Mil. Therefore, Argent Industrial's EV-to-EBIT ratio for today is 3.92.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Argent Industrial's Enterprise Value is R1,579 Mil.
Argent Industrial's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was R403 Mil. Therefore, Argent Industrial's EV-to-EBITDA ratio for today is 3.92.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Argent Industrial's Enterprise Value is R1,579 Mil.
Argent Industrial's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 was R2,793 Mil. Therefore, Argent Industrial's EV-to-Revenue ratio for today is 0.57.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Argent Industrial (JSE:ART) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Argent Industrial's current Enterprise Value is R1,579 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Argent Industrial's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was R403 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Argent Industrial's current Enterprise Value is R1,579 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Argent Industrial's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was R403 Mil.
Argent Industrial's current Enterprise Value is R1,579 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Argent Industrial's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 was R2,793 Mil.
Argent Industrial's current Enterprise Value is R1,579 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Argent Industrial's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 was R324 Mil.
Argent Industrial's current Enterprise Value is R1,579 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Argent Industrial's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was R205 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 Enterprise Value Related Terms
Argent Industrial Enterprise Value Historical Data
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The historical data trend for Argent Industrial's Enterprise Value 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: Enterprise Value Comparison
For the Steel subindustry, Argent Industrial's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Steel Industry
For the Steel industry and Basic Materials sector, Argent Industrial's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Argent Industrial's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Argent Industrial's Enterprise Value for the fiscal year that ended in Mar. 2025 is calculated as
* 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 Enterprise Value of R1,579 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Argent Industrial and its competitors.
Is Argent Industrial's Enterprise Value too high?
Argent Industrial's current Enterprise Value is R1,579 Mil. Overall, Argent Industrial has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Enterprise Value compare to NUE and STLD?
Argent Industrial's Enterprise Value of R1,579 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Steel company?
A good Enterprise Value depends on the Steel industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Argent Industrial and its competitors. Argent Industrial's current Enterprise Value is R1,579 Mil. 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 R23.59, compared to a current price of R36.60 — trading 55.2% above its estimated fair value. The current Enterprise Value is R1,579 Mil. Argent Industrial's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Argent Industrial (JSE:ART), the current Enterprise Value is R1,579 Mil as of Jun. 26, 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 R36.60 is trading 55.2% above its estimated GF Value™ of R23.59.
GuruFocus considers Argent Industrial to be Significantly Overvalued.
Key valuation signals for JSE:ART:
Enterprise Value: R1,579 Mil
GF Value™: R23.59 vs. price of R36.60 (55.2% above fair value)
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.
68GF Score
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