Argent Industrial (JSE:ART) Gross Profit: R893 Mil (TTM As of Mar. 2026)

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JSE:ART Argent Industrial Ltd JSE:ART
68 GF Score
Price R39.00
GF Value R30.05
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Argent Industrial Gross Profit?

Argent Industrial JSE:ART 68 Gross Profit is R893 Mil as of Mar. 2026. GuruFocus rates JSE:ART with a GF Score™ of 68/100 and a GF Value™ of R30.05 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Argent Industrial's gross profit for the six months ended in Mar. 2026 was R456 Mil. Argent Industrial's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was R893 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Argent Industrial's gross profit for the six months ended in Mar. 2026 was R456 Mil. Argent Industrial's Revenue for the six months ended in Mar. 2026 was R1,417 Mil. Therefore, Argent Industrial's Gross Margin % for the quarter that ended in Mar. 2026 was 32.15%.

Argent Industrial had a gross margin of 32.15% for the quarter that ended in Mar. 2026 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Argent Industrial was 31.45%. The lowest was 21.27%. And the median was 26.24%.


Argent Industrial  (JSE:ART) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Argent Industrial had a gross margin of 32.15% for the quarter that ended in Mar. 2026 => Competition eroding margins


Argent Industrial Gross Profit Related Terms


Argent Industrial Gross Profit Historical Data

* Premium members only.

The historical data trend for Argent Industrial's Gross Profit 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.

Argent Industrial Gross Profit Chart

Argent Industrial Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 612.34 646.29 720.88 792.68 892.93

Argent Industrial Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 355.82 367.83 424.85 437.23 455.70

JSE:ART vs NUE, STLD, RS: Gross Profit Comparison

For the Steel subindustry, Argent Industrial's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Steel Industry

For the Steel industry and Basic Materials sector, Argent Industrial's Gross Profit distribution charts can be found below:

* The bar in red indicates where Argent Industrial's Gross Profit falls into.


JSE:ART
68GF Score
Argent Industrial Ltd JSE:ART
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Argent Industrial Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Argent Industrial's Gross Profit for the fiscal year that ended in Mar. 2026 is calculated as

Gross Profit (A: Mar. 2026 )=Revenue - Cost of Goods Sold
=2839.163 - 1946.237
=893

Argent Industrial's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=1417.357 - 961.656
=456

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R893 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Argent Industrial's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=456 / 1417.357
=32.15 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of R893 Mil mean?
Argent Industrial (JSE:ART) has a Gross Profit of R893 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Argent Industrial and its competitors.
Is Argent Industrial's Gross Profit too high?
Argent Industrial's current Gross Profit is R893 Mil. Overall, Argent Industrial has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Gross Profit compare to NUE and STLD?
Argent Industrial's Gross Profit of R893 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 Gross Profit for a Steel company?
A good Gross Profit depends on the Steel industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Argent Industrial and its competitors. Argent Industrial's current Gross Profit is R893 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 Modestly Overvalued. The stock's GF Value™ is R30.05, compared to a current price of R39.00 — trading 29.8% above its estimated fair value. The current Gross Profit is R893 Mil. Argent Industrial's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Argent Industrial (JSE:ART), the current Gross Profit is R893 Mil as of Mar. 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 R39.00 is trading 29.8% above its estimated GF Value™ of R30.05. GuruFocus considers Argent Industrial to be Modestly Overvalued.

Key valuation signals for JSE:ART:

  • Gross Profit: R893 Mil
  • GF Value™: R30.05 vs. price of R39.00 (29.8% above fair value)
  • GF Score™: 68/100 with 6 warning signs

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 Business Description

Other Exchanges AILTF:USA
Address 8 Sinembe Crescent, Sinembe Park, First Floor, Ridge 63, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019
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

Get the complete analysis for JSE:ART

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R39.00
Price
R30.05
GF Value