Argan Roic from 2010 to 2024

AGX Stock  USD 158.63  4.55  2.95%   
Argan ROIC yearly trend continues to be fairly stable with very little volatility. ROIC will likely drop to 0.06 in 2024. ROIC is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. View All Fundamentals
 
ROIC  
First Reported
2010-12-31
Previous Quarter
0.08286492
Current Value
0.0609
Quarterly Volatility
0.1055947
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Argan financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Argan's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Interest Expense of 7.8 M or Total Revenue of 602 M, as well as many indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.0228 or PTB Ratio of 3.36. Argan financial statements analysis is a perfect complement when working with Argan Valuation or Volatility modules.
  
Check out the analysis of Argan Correlation against competitors.

Latest Argan's Roic Growth Pattern

Below is the plot of the Roic of Argan Inc over the last few years. It is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. Argan's ROIC historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Argan's overall financial position and show how it may be relating to other accounts over time.
Roic10 Years Trend
Slightly volatile
   Roic   
       Timeline  

Argan Roic Regression Statistics

Arithmetic Mean0.13
Coefficient Of Variation82.99
Mean Deviation0.08
Median0.11
Standard Deviation0.11
Sample Variance0.01
Range0.4116
R-Value(0.38)
Mean Square Error0.01
R-Squared0.15
Significance0.16
Slope(0.01)
Total Sum of Squares0.16

Argan Roic History

2024 0.0609
2023 0.0829
2021 0.1
2020 0.0657
2019 -0.15
2018 0.11
2017 0.19

About Argan Financial Statements

Argan investors use historical fundamental indicators, such as Argan's Roic, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Argan. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
ROIC 0.08  0.06 

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Additional Tools for Argan Stock Analysis

When running Argan's price analysis, check to measure Argan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Argan is operating at the current time. Most of Argan's value examination focuses on studying past and present price action to predict the probability of Argan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argan's price. Additionally, you may evaluate how the addition of Argan to your portfolios can decrease your overall portfolio volatility.