Added to YB: 2026-01-09
Pitch date: 2026-01-07
ARG.PA [neutral]
Argan SA
-0.59%
current return
Author Info
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Company Info
Argan SA is the only French real estate company specializing in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES listed on EURONEXT and is the leading player of its market in France.
Market Cap
EUR 1.7B
Pitch Price
EUR 67.60
Price Target
N/A
Dividend
5.09%
EV/EBITDA
18.19
P/E
5.68
EV/Sales
14.24
Sector
Industrial REITs
Category
growth
Argan (ARG France): rental growth does the heavy lifting as asset values hold firm
ARG.PA (update): Logistics REIT w/ €212M rental income (+7% YOY), >99% occupancy for 10yrs, €55M new developments at 7%+ yields vs portfolio avg. €4B portfolio stable despite French property headwinds, cap rates unchanged H2. Refinancing €500M 2026 bond at higher rates but manageable given strong cash flows.
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