Argent Industrial (JSE:ART) Shares Buyback Ratio %: 2.35 (As of Aug. 16, 2026)

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JSE:ART Argent Industrial Ltd JSE:ART
70 GF Score
Price R40.77
GF Value R30.11
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Argent Industrial Shares Buyback Ratio %?

Argent Industrial JSE:ART +1.17% 70 Shares Buyback Ratio % is 2.35 as of Aug. 16, 2026. GuruFocus rates JSE:ART with a GF Score™ of 70/100 and a GF Value™ of R30.11 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

GuruFocus calculates shares buyback ratio using previous shares outstanding minus the current shares outstanding, and then divides by previous shares outstanding. Argent Industrial's current shares buyback ratio was 2.35%.

Argent Industrial Shares Buyback Ratio % Related Terms

Argent Industrial Shares Buyback Ratio % Historical Data

* Premium members only.

The historical data trend for Argent Industrial's Shares Buyback Ratio % 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 Shares Buyback Ratio % Chart

Argent Industrial Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Buyback Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 1.35 2.16 0.00 2.35

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
Shares Buyback Ratio % 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 1.78 0.00 0.00 1.06 1.30
JSE:ART
70GF Score
Argent Industrial Ltd JSE:ART
Shares Buyback Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
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Argent Industrial Shares Buyback Ratio % Calculation

Argent Industrial's Shares Buyback Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Mar. 2025 ) - Shares Outstanding (EOP) (A: Mar. 2026 )) / Shares Outstanding (EOP) (A: Mar. 2025 )
=(54.431 - 53.153) / 54.431
=2.35%

Argent Industrial's Shares Buyback Ratio for the quarter that ended in Mar. 2026 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Sep. 2025 ) - Shares Outstanding (EOP) (A: Mar. 2026 )) / Shares Outstanding (EOP) (A: Sep. 2025 )
=(53.852 - 53.153) / 53.852
=1.30%

* 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 Shares Buyback Ratio % →
What does a Shares Buyback Ratio % of 2.35 mean?
Argent Industrial (JSE:ART) has a Shares Buyback Ratio % of 2.35 as of Aug. 16, 2026. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on Argent Industrial and its competitors.
Is Argent Industrial's Shares Buyback Ratio % too high?
Argent Industrial's current Shares Buyback Ratio % is 2.35. Overall, Argent Industrial has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Shares Buyback Ratio % compare to NUE and STLD?
Argent Industrial's Shares Buyback Ratio % of 2.35 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 Shares Buyback Ratio % for a Steel company?
A good Shares Buyback Ratio % depends on the Steel industry context. However, Shares Buyback Ratio % 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 Shares Buyback Ratio % mean?
A high Shares Buyback Ratio % can signal that a stock is expensive relative to its fundamentals. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on Argent Industrial and its competitors. Argent Industrial's current Shares Buyback Ratio % is 2.35. 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 R30.11, compared to a current price of R40.77 — trading 35.4% above its estimated fair value. The current Shares Buyback Ratio % is 2.35. Argent Industrial's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Buyback Ratio % calculated?
Shares Buyback Ratio % is calculated from a company's financial statements. For Argent Industrial (JSE:ART), the current Shares Buyback Ratio % is 2.35 as of Aug. 16, 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 R40.77 is trading 35.4% above its estimated GF Value™ of R30.11. GuruFocus considers Argent Industrial to be Significantly Overvalued.

Key valuation signals for JSE:ART:

  • Shares Buyback Ratio %: 2.35
  • GF Value™: R30.11 vs. price of R40.77 (35.4% above fair value)
  • GF Score™: 70/100 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.
70GF Score

Get the complete analysis for JSE:ART

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

R40.77
Price
R30.11
GF Value