Argent Industrial (JSE:ART) Other Operating Expense: R488 Mil (TTM As of Mar. 2026)

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JSE:ART Argent Industrial Ltd JSE:ART
76 GF Score
Price R38.13
GF Value R29.95
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Argent Industrial Other Operating Expense?

Argent Industrial JSE:ART -0.18% 76 Other Operating Expense is R488 Mil as of Mar. 2026. GuruFocus rates JSE:ART with a GF Score™ of 76/100 and a GF Value™ of R29.95 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Argent Industrial's Other Operating Expense for the six months ended in Mar. 2026 was R246 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was R488 Mil.

Argent Industrial's quarterly Other Operating Expense increased from Mar. 2025 (R229 Mil) to Sep. 2025 (R242 Mil) and increased from Sep. 2025 (R242 Mil) to Mar. 2026 (R246 Mil).

Argent Industrial's annual Other Operating Expense increased from Mar. 2024 (R381 Mil) to Mar. 2025 (R421 Mil) and increased from Mar. 2025 (R421 Mil) to Mar. 2026 (R488 Mil).

Argent Industrial Other Operating Expense Historical Data

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The historical data trend for Argent Industrial's Other Operating Expense 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 Other Operating Expense Chart

Argent Industrial Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 348.22 339.97 380.53 420.96 487.57

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
Other Operating Expense 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 188.01 192.42 228.55 241.86 245.71
JSE:ART
76GF Score
Argent Industrial Ltd JSE:ART
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Argent Industrial Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense 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 R488 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.

What does a Other Operating Expense of R488 Mil mean?
Argent Industrial (JSE:ART) has a Other Operating Expense of R488 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on Argent Industrial and its competitors.
Is Argent Industrial's Other Operating Expense too high?
Argent Industrial's current Other Operating Expense is R488 Mil. Overall, Argent Industrial has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Other Operating Expense compare to NUE and STLD?
Argent Industrial's Other Operating Expense of R488 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 Other Operating Expense for a Steel company?
A good Other Operating Expense depends on the Steel industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Argent Industrial and its competitors. Argent Industrial's current Other Operating Expense is R488 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 R29.95, compared to a current price of R38.13 — trading 27.3% above its estimated fair value. The current Other Operating Expense is R488 Mil. Argent Industrial's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Argent Industrial (JSE:ART), the current Other Operating Expense is R488 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 R38.13 is trading 27.3% above its estimated GF Value™ of R29.95. GuruFocus considers Argent Industrial to be Modestly Overvalued.

Key valuation signals for JSE:ART:

  • Other Operating Expense: R488 Mil
  • GF Value™: R29.95 vs. price of R38.13 (27.3% above fair value)
  • GF Score™: 76/100 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.
76GF Score

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

R38.13
Price
R29.95
GF Value