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Pretax income is the income that a company earns before paying income taxes. Argent Industrial's pretax income for the
six
months ended in Mar. 2026 was R213 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was R411 Mil.
Argent Industrial's pretax margin was 15.03%.
During the past 13 years, Argent Industrial's highest Pretax Margin was 14.46%. The lowest was -11.12%. And the median was 9.66%.
During the past 13 years, Argent Industrial's highest Pretax Margin was 14.46%. The lowest was -11.12%. And the median was 9.66%.
* 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 Pre-Tax Income Related Terms
Argent Industrial Pre-Tax Income Historical Data
* Premium members only.
The historical data trend for Argent Industrial's Pre-Tax Income 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: Pre-Tax Income Comparison
For the Steel subindustry, Argent Industrial's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Steel Industry
For the Steel industry and Basic Materials sector, Argent Industrial's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Argent Industrial's Pre-Tax Income falls into.
Pre-Tax Income 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 R411 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 (JSE:ART) has a Pre-Tax Income of R411 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Argent Industrial and its competitors.
Is Argent Industrial's Pre-Tax Income too high?
Argent Industrial's current Pre-Tax Income is R411 Mil. Overall, Argent Industrial has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Pre-Tax Income compare to NUE and STLD?
Argent Industrial's Pre-Tax Income of R411 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 Pre-Tax Income for a Steel company?
A good Pre-Tax Income depends on the Steel industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Argent Industrial and its competitors. Argent Industrial's current Pre-Tax Income is R411 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 R30.20, compared to a current price of R39.75 — trading 31.6% above its estimated fair value. The current Pre-Tax Income is R411 Mil. Argent Industrial's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Argent Industrial (JSE:ART), the current Pre-Tax Income is R411 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 R39.75 is trading 31.6% above its estimated GF Value™ of R30.20.
GuruFocus considers Argent Industrial to be Significantly Overvalued.
Key valuation signals for JSE:ART:
Pre-Tax Income: R411 Mil
GF Value™: R30.20 vs. price of R39.75 (31.6% 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.
74GF Score
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Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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