Argo InvestmentsASX:ARG +1.75%68 EV-to-FCF is 31.99 as of Jun. 30, 2026, which is 14% above its 10-year median of 27.94. GuruFocus rates ASX:ARG with a GF Score™ of 68/100 and a GF Value™ of A$9.13 (Fairly Valued). The stock has 4 warning signs investors should review. Among 937 Asset Management companies, Argo Investments ranks worse than 75.77% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Argo Investments's Enterprise Value is A$6,852.0 Mil.
Argo Investments's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$214.2 Mil. Therefore, Argo Investments's EV-to-FCF for today is 31.99.
The historical rank and industry rank for Argo Investments's EV-to-FCF or its related term are showing as below:
ASX:ARG'
s EV-to-FCF Range Over the Past 10 Years
Min: 18.08 Med: 27.94 Max: 48.13
Current: 31.82
During the past 13 years, the highest EV-to-FCF of Argo Investments was 48.13. The lowest was 18.08. And the median was 27.94.
ASX:ARG's EV-to-FCF is ranked worse than 75.77% of 937
companies
in the Asset Management industry
Industry Median: 14.52
vs ASX:ARG: 31.82
EV-to-FCF 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.
EV-to-FCF 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.
Argo Investments's PE Ratio (TTM) for today is calculated as:
Argo Investments's share price for today is A$9.29.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argo Investments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.354.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Argo Investments EV-to-FCF Related Terms
Argo Investments EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Argo Investments's EV-to-FCF 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 Asset Management subindustry, Argo Investments's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Argo Investments EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Argo Investments's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Argo Investments's EV-to-FCF falls into.
Argo Investments's current Enterprise Value is A$6,852.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argo Investments's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$214.2 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.
Argo Investments (ASX:ARG) has a EV-to-FCF of 31.99 as of Jun. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Argo Investments and its competitors. This is 14% above median its historical median of 27.94. Over the past decade, Argo Investments' EV-to-FCF has ranged from 18.08 to 48.13. According to the industry distribution chart, Argo Investments ranks #710 out of 937 companies in the Asset Management industry, placing it in the top 75.8%.
Is Argo Investments' EV-to-FCF too high?
Argo Investments' current EV-to-FCF of 31.99 is 14% above median its 10-year median of 27.94. Over the past 10 years, this metric has ranged from a low of 18.08 to a high of 48.13. The Asset Management industry median EV-to-FCF is 14.52. Argo Investments' value of 31.99 is 120.3% above this industry median. Based on the distribution chart, Argo Investments ranks #710 out of 937 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Argo Investments has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Argo Investments' EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Argo Investments ranks #710 out of 937 companies for EV-to-FCF. This places Argo Investments in the lower half of its industry. The industry median EV-to-FCF is 14.52. Argo Investments' value of 31.99 is 120.3% above this benchmark. Historically, Argo Investments' own EV-to-FCF has ranged from 18.08 to 48.13 over the past decade. While the company's 10-year median is 27.94 vs. the industry median of 14.52, Argo Investments 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-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.52, based on 937 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argo Investments's current EV-to-FCF of 31.99 is 120.3% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Argo Investments and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Investments's current EV-to-FCF is 31.99, which is 14% above median its own 10-year median of 27.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Investments stock overvalued right now?
Based on GuruFocus' analysis, Argo Investments (ASX:ARG) is currently considered Fairly Valued. The stock's GF Value™ is A$9.13, compared to a current price of A$9.29 — trading 1.8% above its estimated fair value. The current EV-to-FCF is 31.99, which is 14% above median its 10-year median of 27.94 and 120.3% above the Asset Management industry median of 14.52. Argo Investments' 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Argo Investments (ASX:ARG), the current EV-to-FCF is 31.99 as of Jun. 30, 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 Argo Investments (ASX:ARG) Overvalued in 2026?
Based on GuruFocus' analysis, Argo Investments stock appears to be overvalued.
The current stock price of A$9.29 is trading 1.8% above its estimated GF Value™ of A$9.13.
GuruFocus considers Argo Investments to be Fairly Valued.
Key valuation signals for ASX:ARG:
EV-to-FCF: 31.99 (14% above median its 10-year median of 27.94)
GF Value™: A$9.13 vs. price of A$9.29 (1.8% above fair value)
Industry Position: 120.3% above the Asset Management median (#710 of 937)
No single metric tells the full story. See the ASX:ARG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argo Investments Ltd is an Australian investment company that offers investors low-cost, conservative, and diverse exposure to Australian companies. It generates revenue from dividends and distributions received from the companies in its investment portfolio.
68GF Score
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