Argan (FRA:871) ROCE %: 6.72% (As of Dec. 2025)


FRA:871 Argan FRA:871
79 GF Score
Price €59.10
GF Value €67.29
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Argan ROCE %?

Argan FRA:871 +1.72% 79 ROCE % is 6.72% as of Dec. 2025. GuruFocus rates FRA:871 with a GF Score™ of 79/100 and a GF Value™ of €67.29 (Modestly Undervalued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Argan's annualized ROCE % for the quarter that ended in Dec. 2025 was 6.72%.

Argan  (FRA:871) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Argan ROCE % Related Terms

Argan ROCE % Historical Data

* Premium members only.

The historical data trend for Argan's ROCE % 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.

Argan ROCE % Chart

Argan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.65 3.08 -5.67 7.53 7.51

Argan Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % 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 1.33 5.96 9.00 7.76 6.72
FRA:871
79GF Score
Argan FRA:871
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Argan ROCE % Calculation

Argan's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=286.902/( ( (4262.293 - 204.184) + (4363.202 - 784.239) )/ 2 )
=286.902/( (4058.109+3578.963)/ 2 )
=286.902/3818.536
=7.51 %

Argan's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=257.816/( ( (4306.159 - 216.294) + (4363.202 - 784.239) )/ 2 )
=257.816/( ( 4089.865 + 3578.963 )/ 2 )
=257.816/3834.414
=6.72 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 6.72% mean?
Argan (FRA:871) has a ROCE % of 6.72% as of Dec. 2025.
Is Argan's ROCE % too high?
Argan's current ROCE % is 6.72%. The REITs industry median ROCE % is 5.19. Argan's value of 6.72% is 29.6% above this industry median. Overall, Argan has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Argan's ROCE % compare to PLD and PSA?
Argan's ROCE % of 6.72% can be compared against companies in the REITs industry. The industry median ROCE % is 5.19. Argan's value of 6.72% is 29.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a REITs company?
The median ROCE % among REITs companies is 5.19, based on 756 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argan's current ROCE % of 6.72% is 29.6% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median ROCE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argan's current ROCE % is 6.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argan stock overvalued right now?
Based on GuruFocus' analysis, Argan (FRA:871) is currently considered Modestly Undervalued. The stock's GF Value™ is €67.29, compared to a current price of €59.10 — trading 12.2% below its estimated fair value. The current ROCE % is 6.72% and 29.6% above the REITs industry median of 5.19. Argan's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Argan (FRA:871), the current ROCE % is 6.72% as of Dec. 2025. 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 Argan (FRA:871) Overvalued in 2026?

Based on GuruFocus' analysis, Argan stock appears to be undervalued. The current stock price of €59.10 is trading 12.2% below its estimated GF Value™ of €67.29. GuruFocus considers Argan to be Modestly Undervalued.

Key valuation signals for FRA:871:

  • ROCE %: 6.72%
  • GF Value™: €67.29 vs. price of €59.10 (12.2% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 29.6% above the REITs median

No single metric tells the full story. See the FRA:871 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Argan Business Description

Industry Real EstateREITs
Address 21 Rue Beffroy, Neuilly-sur-Seine, FRA, 92200
Argan activity is focused on real estate investment, in particular the operation of investment properties that generate rental income. Its business focuses on the construction, acquisition and leasing of logistics bases and warehouses. Its business segments are RENTS, PROJECT MANAGEMENT, MISCELLANEOUS RENTALS, REBILLING OF CHARGES, and CEE BONUS. The company generates majority of revenue from Rents.
79GF Score

Get the complete analysis for FRA:871

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

€59.10
Price
€67.29
GF Value