Argan Dividend Yield vs Ev To Sales Analysis

AGX Stock  USD 158.63  4.55  2.95%   
Argan financial indicator trend analysis is way more than just evaluating Argan Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Argan Inc is a good investment. Please check the relationship between Argan Dividend Yield and its Ev To Sales accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argan Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Dividend Yield vs Ev To Sales

Dividend Yield vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argan Inc Dividend Yield account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Argan's Dividend Yield and Ev To Sales is -0.22. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Argan Inc, assuming nothing else is changed. The correlation between historical values of Argan's Dividend Yield and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Argan Inc are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Dividend Yield i.e., Argan's Dividend Yield and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is Argan Inc dividend as a percentage of Argan stock price. Argan Inc dividend yield is a measure of Argan stock productivity, which can be interpreted as interest rate earned on an Argan investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Argan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Argan Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argan Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Argan's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 10.83 in 2024, despite the fact that Discontinued Operations is likely to grow to (243.7 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses47.3M44.7M44.4M46.6M
Cost Of Revenue409.6M368.7M494.5M519.2M

Argan fundamental ratios Correlations

0.250.540.860.90.79-0.420.870.350.850.220.910.750.560.140.220.550.860.721.00.250.530.680.680.690.68
0.250.470.310.140.15-0.110.280.10.050.230.040.3-0.08-0.030.32-0.220.320.530.270.550.04-0.150.190.190.31
0.540.470.550.410.43-0.120.510.020.440.580.30.570.14-0.030.62-0.010.560.690.540.440.290.150.350.360.45
0.860.310.550.560.48-0.440.560.360.560.230.810.550.39-0.260.30.31.00.610.880.240.180.610.530.540.94
0.90.140.410.560.88-0.330.940.290.910.150.80.760.60.450.090.660.560.650.880.190.710.590.670.680.32
0.790.150.430.480.88-0.260.860.210.890.250.620.740.430.330.230.510.490.780.770.480.730.360.540.550.27
-0.42-0.11-0.12-0.44-0.33-0.26-0.16-0.98-0.20.14-0.570.08-0.590.050.16-0.54-0.44-0.13-0.44-0.08-0.43-0.06-0.55-0.55-0.56
0.870.280.510.560.940.86-0.160.10.830.430.660.870.340.450.370.360.570.790.850.40.650.470.510.520.3
0.350.10.020.360.290.21-0.980.10.16-0.220.55-0.170.64-0.04-0.260.580.360.010.370.040.440.090.590.590.47
0.850.050.440.560.910.89-0.20.830.160.140.730.780.620.310.160.650.570.640.820.140.60.610.690.690.32
0.220.230.580.230.150.250.140.43-0.220.14-0.050.48-0.2-0.020.94-0.490.250.520.230.560.19-0.080.070.070.13
0.910.040.30.810.80.62-0.570.660.550.73-0.050.440.690.03-0.10.730.810.390.910.030.520.780.690.70.68
0.750.30.570.550.760.740.080.87-0.170.780.480.440.220.340.530.170.560.860.740.30.290.410.430.440.31
0.56-0.080.140.390.60.43-0.590.340.640.62-0.20.690.220.16-0.240.870.380.080.54-0.30.420.570.940.930.32
0.14-0.03-0.03-0.260.450.330.050.45-0.040.31-0.020.030.340.16-0.060.25-0.260.180.11-0.120.380.010.160.16-0.42
0.220.320.620.30.090.230.160.37-0.260.160.94-0.10.53-0.24-0.06-0.540.310.590.220.540.04-0.150.050.050.22
0.55-0.22-0.010.30.660.51-0.540.360.580.65-0.490.730.170.870.25-0.540.290.040.53-0.330.510.580.710.710.2
0.860.320.561.00.560.49-0.440.570.360.570.250.810.560.38-0.260.310.290.620.880.250.190.60.530.530.94
0.720.530.690.610.650.78-0.130.790.010.640.520.390.860.080.180.590.040.620.720.630.360.130.350.360.47
1.00.270.540.880.880.77-0.440.850.370.820.230.910.740.540.110.220.530.880.720.260.510.670.670.680.71
0.250.550.440.240.190.48-0.080.40.040.140.560.030.3-0.3-0.120.54-0.330.250.630.260.45-0.25-0.05-0.050.19
0.530.040.290.180.710.73-0.430.650.440.60.190.520.290.420.380.040.510.190.360.510.450.220.440.440.0
0.68-0.150.150.610.590.36-0.060.470.090.61-0.080.780.410.570.01-0.150.580.60.130.67-0.250.220.530.530.41
0.680.190.350.530.670.54-0.550.510.590.690.070.690.430.940.160.050.710.530.350.67-0.050.440.531.00.43
0.690.190.360.540.680.55-0.550.520.590.690.070.70.440.930.160.050.710.530.360.68-0.050.440.531.00.44
0.680.310.450.940.320.27-0.560.30.470.320.130.680.310.32-0.420.220.20.940.470.710.190.00.410.430.44
Click cells to compare fundamentals

Argan Account Relationship Matchups

Argan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets487.5M602.6M553.6M489.5M598.2M628.1M
Other Current Liab34.3M45.7M51.9M48.3M79.0M82.9M
Total Current Liabilities144.0M276.1M223.0M202.5M302.3M317.4M
Total Stockholder Equity339.2M320.7M326.4M280.9M290.9M305.5M
Property Plant And Equipment Net24.9M24.1M14.5M16.5M18.5M19.5M
Net Debt(165.2M)(364.6M)(346.8M)(172.4M)(191.7M)(182.1M)
Retained Earnings189.3M166.1M188.7M207.8M225.5M236.8M
Cash167.4M366.7M350.5M173.9M197.0M101.4M
Non Current Assets Total65.8M56.4M46.3M50.8M51.1M53.6M
Non Currrent Assets Other408K249K457K3.7M2.3M2.4M
Cash And Short Term Investments327.9M456.7M440.5M325.5M306.5M321.8M
Net Receivables70.6M55.3M31.9M74.9M113.8M119.5M
Common Stock Shares Outstanding15.6M15.8M15.9M14.2M13.5M8.1M
Liabilities And Stockholders Equity487.5M602.6M553.6M489.5M598.2M628.1M
Non Current Liabilities Total2.5M4.1M5.0M6.1M5.0M3.5M
Other Stockholder Equity148.7M153.3M137.8M73.6M66.7M62.3M
Total Liab146.5M280.2M228.0M208.6M307.3M322.7M
Property Plant And Equipment Gross22.5M24.1M14.5M16.5M40.1M42.1M
Total Current Assets421.8M546.2M507.3M438.7M547.2M574.5M
Short Term Debt1.6M2.1M1.4M1.6M2.7M1.6M
Other Current Assets23.3M34.1M34.2M26.4M11.0M8.6M
Accumulated Other Comprehensive Income(1.1M)(1.1M)(2.5M)(2.9M)(3.6M)(3.4M)
Accounts Payable35.4M53.3M41.8M56.4M39.5M29.8M
Common Stock Total Equity2.3M2.4M2.4M2.4M2.7M1.6M
Common Stock2.3M2.4M2.4M2.4M2.7M1.7M
Current Deferred Revenue72.7M172.0M127.9M96.3M181.1M190.1M
Other Assets7.9M249K457K3.7M4.2M4.5M
Property Plant Equipment22.5M20.4M10.5M10.4M12.0M7.7M
Good Will34.3M32.8M27.9M28.0M32.2M24.6M
Short Term Investments160.5M90.1M90.0M151.5M109.5M81.3M
Intangible Assets5.0M4.1M3.3M2.6M2.2M4.0M
Other Liab1.8M4.1M2.7M2.9M3.3M3.5M
Net Tangible Assets306.3M288.6M295.0M250.3M287.8M248.8M
Noncontrolling Interest In Consolidated Entity(196K)1.8M1.7M(797K)(916.6K)(870.7K)
Retained Earnings Total Equity189.3M166.1M188.7M207.8M239.0M148.9M
Capital Surpluse148.7M153.3M158.2M162.2M186.5M142.9M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.