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Argo Investments Ltd

Financial Services AU ARG

8.86AUD
-0.02(0.23%)

Last update at 2024-11-13T05:10:00Z

Day Range

8.838.88
LowHigh

52 Week Range

8.098.97
LowHigh

Fundamentals

  • Previous Close 8.88
  • Market Cap6724.05M
  • Volume174993
  • P/E Ratio26.67
  • Dividend Yield4.10%
  • EBITDA272.24M
  • Revenue TTM282.38M
  • Revenue Per Share TTM0.37
  • Gross Profit TTM 280.55M
  • Diluted EPS TTM0.33

Analyst Recommendations

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax 292.82M 328.06M 179.68M 216.00M 306.64M
Minority interest - - - - -
Net income 271.71M 312.93M 173.99M 199.46M 292.67M
Selling general administrative 10.05M 9.17M 7.88M 8.74M 8.37M
Selling and marketing expenses - - - - -
Gross profit 280.55M 332.05M 199.92M 216.88M 312.87M
Reconciled depreciation 0.44M 0.44M 0.42M 0.41M 0.17M
Ebit 270.06M 322.44M 191.62M 207.42M 306.64M
Ebitda 270.49M 322.87M 192.05M 207.83M 306.81M
Depreciation and amortization 0.44M 0.44M 0.42M 0.41M 0.17M
Non operating income net other - - - - -
Operating income 270.06M 322.44M 191.62M 207.73M 306.64M
Other operating expenses 12.28M 3.98M 20.25M 0.89M 10.67M
Interest expense - 0.00000M 0.00000M 0.00000M 0.00000M
Tax provision 21.12M 15.13M 5.69M 16.54M 13.97M
Interest income - - 0.69M 3.73M 5.10M
Net interest income - - 0.69M 3.73M 5.10M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 21.12M 15.13M 5.69M 16.54M 13.97M
Total revenue 295.82M 331.85M 185.57M 222.04M 312.87M
Total operating expenses 12.28M 3.98M 20.25M 0.89M 10.67M
Cost of revenue 15.28M -0.20000M -14.35300M 5.15M -
Total other income expense net 22.77M 5.63M -11.94800M 8.27M 2.69M
Discontinued operations - - - - -
Net income from continuing ops 271.71M 312.93M 173.99M 199.46M 292.67M
Net income applicable to common shares 271.71M 312.93M 173.99M 199.46M 292.67M
Preferred stock and other adjustments - - - - -
Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Total assets 7396.30M 6886.96M 6424.61M 6607.25M 5283.54M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets -133.03300M 0.84M 0.54M 0.51M 14.99M
Total liab 1035.12M 889.05M 787.92M 962.84M 561.30M
Total stockholder equity 6361.18M 5997.91M 5636.69M 5644.41M 4722.24M
Deferred long term liab - - - - -
Other current liab 37.47M 24.78M 46.81M 45.14M 11.51M
Common stock 3253.65M 3204.10M 3155.14M 2921.66M 2883.78M
Capital stock 3253.65M 3204.10M 3155.14M 2921.66M 2883.78M
Retained earnings 744.89M 753.03M 620.54M 467.47M 495.50M
Other liab - 864.11M 740.28M 916.20M 547.68M
Good will - - - - -
Other assets 3.27M - -25.00000M 6607.25M 24.53M
Cash 97.17M 125.25M 134.72M 179.30M 168.73M
Cash and equivalents - 125.25M 134.72M 179.30M 168.73M
Total current liabilities 37.68M 24.95M 47.22M 45.89M 12.57M
Current deferred revenue - - - - -
Net debt -95.51100M -125.25500M -134.71800M -179.29700M -168.72800M
Short term debt 0.22M 0.00000M 0.00000M 0.00000M 0.00000M
Short long term debt - - - - -
Short long term debt total 1.66M - - 0.75M 1.05M
Other stockholder equity - 2040.79M 322.94M 264.51M 239.12M
Property plant equipment - 0.60M 0.99M 1.38M 1.79M
Total current assets 155.11M 172.60M 204.77M 216.09M 212.82M
Long term investments 7257.81M 6724.22M 6258.26M 6399.86M 5071.42M
Net tangible assets - 5997.91M 5636.69M 5644.41M 4722.24M
Short term investments 22.07M 10.45M 25.00M 10.09M 12.50M
Net receivables 35.87M 36.89M 30.65M 26.71M 17.06M
Long term debt - - - - -
Inventory - -0.84100M -0.54000M 0.00000M 0.00000M
Accounts payable 1.44M 0.17M 0.42M 0.75M 1.05M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 2362.64M 2040.79M 1861.01M 2255.29M 1342.96M
Additional paid in capital - - - - -
Common stock total equity - - - - 2883.78M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -3.26900M -10.45200M -39.40600M -10.08800M -2.50000M
Deferred long term asset charges - - - - -
Non current assets total 7237.93M 6714.37M 6219.84M 6391.16M 5070.71M
Capital lease obligations - - - - -
Long term debt total - 0.17M 0.42M 0.75M 1.05M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments -40.24300M -255.63100M 24.84M -70.95200M 58.64M
Change to liabilities 2.18M -3.04900M -1.33900M 2.31M 0.55M
Total cashflows from investing activities -40.24300M -255.66400M 24.85M -70.99700M 58.22M
Net borrowings -0.35500M -0.33900M -0.32300M -0.30900M -0.30900M
Total cash from financing activities -203.17800M 15.13M -164.51200M -191.93200M -184.29300M
Change to operating activities 3.95M -4.31800M -7.58800M 8.10M 0.13M
Net income 271.71M 312.93M 173.99M 199.46M 292.67M
Change in cash -9.46300M -44.57900M 10.57M -50.27800M 110.49M
Begin period cash flow 134.72M 179.30M 168.73M 219.01M 108.52M
End period cash flow 125.25M 134.72M 179.30M 168.73M 219.01M
Total cash from operating activities 233.96M 195.96M 150.24M 212.65M 236.56M
Issuance of capital stock - 191.85M - - -
Depreciation 0.44M 0.44M 0.42M 0.41M 0.17M
Other cashflows from investing activities -40.20000M 0.01M 0.02M 0.02M 0.02M
Dividends paid 202.69M 175.85M 164.05M 191.48M 184.16M
Change to inventory - - - - -
Change to account receivables -5.93000M -3.95400M -11.81400M 19.84M 9.39M
Sale purchase of stock -0.12800M -0.52400M -0.14300M -0.14100M -0.12900M
Other cashflows from financing activities -0.48300M -255.66400M -0.32300M -0.30900M 58.22M
Change to netincome -38.38600M -117.40700M -3.43500M -17.46200M -66.35800M
Capital expenditures 0.04M 0.05M 0.01M 0.07M 0.44M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -5.93000M -3.95400M -11.81400M 19.84M 273.37M
Stock based compensation 1.17M 0.97M 0.46M 1.04M -
Other non cash items -38.18500M -117.40700M -24.17600M 12.78M -292.84100M
Free cash flow 233.91M 195.91M 150.22M 212.58M -0.44400M

Peer Comparison

Sector: Financial Services Industry: Asset Management

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ARG
Argo Investments Ltd		 -0.02 0.23% 8.86 26.67 - 23.60 1.05 24.33 -
AFI
Australian Foundation Investment Company Ltd		 0.03 0.40% 7.49 30.92 - 27.35 1.12 27.35 -
GQG
GQG Partners Inc DRC		 -0.06 2.22% 2.64 14.26 10.98 12.48 13.17 8.34 -
PNI
Pinnacle Investment Management Group Ltd		 -0.3 1.40% 21.06 46.89 37.74 87.38 9.17 90.22 39.78
AMPPB
AMP Ltd Preferred		 0.46 0.44% 104.97 - - - - - -

Reports Covered

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Profile

Argo Investments Limited is a publicly owned investment manager. The firm manages separate client focused equity portfolios for its clients. It invests in public equity markets of Australia. The firm employs a qualitative analysis with bottom-up stock picking approach to create its portfolio. It conducts in-house analysis to make its investments. Argo Investments Limited was founded in 1946 and is based in Adelaide, Australia with an additional office in Sydney, Australia.

Argo Investments Ltd

Level 17, Sydney, NSW, Australia, 2000

Key Executives

Name Title Year Born
Mr. Jason Beddow BEng MD & Non-Independent Exec. Director NA
Mr. Andrew B. Hill BBus, SA Fin Chief Financial Officer NA
Mr. Timothy Campbell Agar Binks BEc, CA, AGIA, GAICD COO & Company Sec. NA
Mr. Andrew G. Forster BComm (Hons), CFA Sr. Investment Officer NA
Ms. Josephine Chipperfield Legal Officer NA
Ms. Meredith Hemsley Communications Mang. NA
Markus Tritthart Managing Director of FAW Project Devel. - Prime Investments NA
Mr. Paul Frost Investment Analyst NA
Ms. Brydie Lloyd-Roberts Investment Analyst NA
Mr. Colin Whitehead Investment Analyst NA

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