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Argo Investments Limited
(Sydney:ARG)
Argo Investments Limited (ARG) vs. iShares MSCI Australia ETF (EWA)
Argo Investments Limited Business Overview & Revenue Model
Argo Investments Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 298.91M | 283.89M | 285.52M | 295.82M | 331.85M | 185.57M |
| Gross Profit | 298.91M | 283.62M | 275.07M | 280.55M | 332.05M | 199.92M |
| EBITDA | 287.93M | 278.73M | 272.24M | 270.49M | 322.87M | 192.05M |
| Net Income | 259.83M | 259.83M | 252.96M | 271.71M | 312.93M | 173.99M |
Balance Sheet | ||||||
| Total Assets | 8.03B | 8.03B | 7.39B | 6.89B | 6.42B | 6.61B |
| Cash, Cash Equivalents and Short-Term Investments | 119.32M | 119.32M | 119.24M | 135.71M | 174.12M | 189.38M |
| Total Debt | 1.44M | 1.44M | 1.66M | 167.00K | 416.00K | 748.00K |
| Total Liabilities | 1.21B | 1.21B | 1.03B | 889.05M | 787.92M | 962.84M |
| Stockholders Equity | 6.82B | 6.82B | 6.36B | 6.00B | 5.64B | 5.64B |
Cash Flow | ||||||
| Free Cash Flow | 226.20M | 226.20M | 251.64M | 233.91M | 195.91M | 150.22M |
| Operating Cash Flow | 226.29M | 226.29M | 252.14M | 233.96M | 195.96M | 150.24M |
| Investing Cash Flow | 65.82M | 65.82M | -56.68M | -40.24M | -255.66M | 24.85M |
| Financing Cash Flow | -269.95M | -269.95M | -211.93M | -203.18M | 15.13M | -164.51M |
Argo Investments Limited Technical Analysis
Argo Investments Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | AU$657.74M | 20.35 | 8.50% | 4.63% | 4.26% | 79.41% | |
68 Neutral | AU$1.16B | 26.66 | 5.73% | 4.92% | 21.81% | -43.93% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | ― | 26.69 | 3.86% | 4.06% | 1.56% | 2.16% | |
64 Neutral | AU$522.48M | 25.39 | 58.10% | 2.70% | 18.80% | 74.51% | |
61 Neutral | AU$3.67B | 26.86 | 19.56% | 3.45% | 37.42% | 38.37% | |
50 Neutral | €2.08B | -34.09 | -3.34% | 6.01% | 2.87% | 87.93% |
Argo Investments Limited Corporate Events
Argo Investments has released an estimate of its pre-tax net tangible asset (NTA) backing per share of $10.36 as at Friday, 9 January 2026, compared with a previous figure of $10.37, alongside a share price of $9.14 versus $9.12. The announcement, which highlights the company’s strong balance sheet with no debt, diversified portfolio and fully franked dividend focus, underscores its positioning as a low-cost, administratively simple vehicle for long-term investors seeking broad market exposure and income, with the NTA update providing shareholders with an indication of underlying portfolio value relative to the market price.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments reported a net tangible asset (NTA) backing of $10.34 per share at 31 December 2025, virtually unchanged from $10.35 a month earlier, with NTA after unrealised tax provisions steady at $8.90 per share. The update comes against a backdrop of a firmer Australian equity market in December, as the S&P/ASX 200 Accumulation Index gained 1.3% amid expectations of further interest rate increases after the Reserve Bank of Australia held the cash rate at 3.6% with a hawkish tone. Sector rotation benefited Financials and especially Materials, where higher commodity and gold prices lifted returns, while Technology stocks lagged on global AI-related volatility. Argo’s portfolio remains heavily weighted to large-cap financial and resources names such as Macquarie Group, BHP, the major banks and Rio Tinto, with its top 20 equity holdings accounting for 63.3% of assets and only a minimal cash position, and the company flagged that it will report its half-year results on 9 February 2026, an event likely to be closely watched by income-focused investors given its long record of fully franked dividends and debt-free balance sheet.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has outlined its timetable for the release of half-year financial results to 31 December 2025 and the associated interim dividend process. The company plans to announce its half-year results on 9 February 2026, with the shares trading ex-dividend from 13 February, a record date of 16 February, and a last election date of 17 February for participation in its Dividend Reinvestment Plan and Dividend Substitution Share Plan, ahead of a proposed dividend payment on 20 March 2026, subject to board approval and possible timetable changes. These dates provide shareholders and market participants with clarity around income expectations and capital management settings, while signalling Argo’s continued commitment to structured dividend distributions and shareholder return programs.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments has released its latest weekly estimate of pre-tax net tangible asset backing per share, reporting an unaudited pre-tax NTA of $10.37 per share as at Friday, 2 January 2026, compared with a share price of $9.12. The update highlights that Argo continues to trade at a discount to its underlying asset backing, a dynamic closely watched by investors in listed investment companies, while the group underscores its debt-free balance sheet, low-cost internal management and emphasis on sustainable fully-franked dividends as key elements of its value proposition for shareholders.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has announced it will conduct an on-market buy-back of its ordinary fully paid shares listed on the ASX under the code ARG. The move signals capital management intentions by the investment company, potentially enhancing earnings per share and net asset backing for remaining shareholders, and may be seen as a sign of confidence in the company’s valuation and long-term outlook.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has cancelled 2,207,514 ordinary fully paid shares following an on-market buy-back completed on 23 December 2025. The reduction in issued capital via the buy-back and cancellation is likely to be marginally accretive to remaining shareholders, reflecting ongoing capital management and potentially signalling confidence in the company’s balance sheet and long-term portfolio strategy.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments has released an indicative weekly update on its pre-tax net tangible asset backing per share and corresponding share price as at Friday, 19 December 2025, noting that the NTA figures are unaudited and approximate. The company highlights its diversified and administratively simple structure, low-cost internal management, strong balance sheet with no debt, experienced leadership, and commitment to fully franked, sustainable dividends, underscoring its positioning as a long-term, stable investment vehicle for shareholders.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has announced an update regarding its on-market share buy-back program. The company reported purchasing 110,364 of its ordinary fully paid shares as part of its ongoing effort to manage its capital structure. This buy-back initiative reflects the company’s strategic aim to deliver value to shareholders and optimize its equity position. Such buy-back activities are common in the industry and can strengthen shareholder confidence by showcasing a commitment to efficient capital allocation.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has announced an update regarding its ongoing on-market buy-back program. As of December 17, 2025, the company has repurchased a total of 1,213,196 ordinary fully paid securities, including 110,000 securities bought back on the previous day. This buy-back initiative is part of Argo’s strategy to enhance shareholder value and optimize its capital structure.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has announced its estimated pre-tax net tangible asset (NTA) backing per share and share price as of December 12, 2025. The company highlights its diversified, low-cost, and internally managed investment approach, supported by a strong balance sheet with no debt and a commitment to fully-franked, sustainable dividends. This announcement underscores Argo’s long-term, proven investment strategy and its stable position in the market, which is likely to reassure stakeholders of its continued financial health.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has announced an update regarding its ongoing share buy-back program, with a total of 883,667 securities bought back before the previous day and an additional 109,414 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting confidence in its financial position and future prospects.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited announced an update on their ongoing share buy-back program, reporting a total of 663,361 securities bought back before the previous day and an additional 109,861 securities bought back on the previous day. This buy-back initiative is part of Argo’s strategy to enhance shareholder value and optimize capital management, reflecting confidence in the company’s financial health and future prospects.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 110,452 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 552,909 securities repurchased. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited reported its estimated pre-tax net tangible asset (NTA) backing per share and share price as of Friday’s market close, with the figures being unaudited and approximate. The company highlights its diversified, low-cost, and internally managed investment approach, along with a strong balance sheet and sustainable dividends, which positions it favorably in the market.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
In November, Argo Investments Limited reported a decrease in net tangible asset (NTA) backing per share, reflecting broader market trends. The Australian market faced volatility due to evaporating expectations of further rate cuts and concerns over an AI bubble, leading to a decline in the S&P/ASX 200 Accumulation Index. Despite these challenges, sectors like Healthcare, Materials, and Consumer Staples showed resilience, contributing to a diversified investment portfolio for Argo. The company’s strong balance sheet with no debt and a history of paying fully franked dividends since 1995 positions it well for long-term growth, offering stability to its stakeholders.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has announced a daily update on its ongoing on-market buy-back program. As of December 8, 2025, the company has bought back a total of 332,235 ordinary fully paid securities, with 110,381 securities purchased on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has announced an update regarding its ongoing on-market buy-back program. As of December 4, 2025, the company reported the buy-back of 109,739 ordinary fully paid securities on the previous day, adding to a total of 111,915 securities bought back prior to that. This buy-back initiative is part of Argo’s strategy to manage its capital efficiently and potentially enhance shareholder value.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has announced a daily on-market share buy-back program, where a total of 2,923,064 shares have been bought back, with recent transactions amounting to $26,313,222.64. This buy-back initiative is part of the company’s strategy to enhance shareholder value, reflecting confidence in its financial position and future prospects, while complying with all relevant regulations.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited reported an estimated pre-tax net tangible asset (NTA) backing per share of $10.35 as of November 28, 2025, with a share price of $9.03. The company highlights its diversified and low-cost investment approach, strong balance sheet with no debt, and a commitment to fully-franked, sustainable dividends, which positions it favorably in the market.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has announced an update on its ongoing share buy-back program, revealing that a total of 2,812,604 securities have been bought back prior to the previous day, with an additional 110,460 securities acquired on the previous day. This buy-back initiative is part of Argo’s strategy to manage its capital structure effectively, potentially enhancing shareholder value by reducing the number of outstanding shares.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has announced an update regarding its ongoing on-market buy-back program. As of November 27, 2025, the company has repurchased a total of 2,812,604 ordinary fully paid securities, including 110,514 securities bought back on the previous day. This buy-back initiative is part of Argo’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has announced an update on its ongoing on-market buy-back program, detailing the purchase of 110,257 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 2,481,060. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting its commitment to efficient capital management and potentially impacting its market positioning positively.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has released its estimated pre-tax net tangible asset (NTA) backing per share and share price as of Friday’s market close, with figures being unaudited and approximate. The company highlights its diversified, low-cost, and internally managed investment approach, supported by a strong balance sheet with no debt, an experienced management team, and a commitment to providing fully-franked, sustainable dividends. This announcement underscores Argo’s long-term, proven investment strategy and its stable position in the market.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has announced an update on its ongoing share buy-back program, revealing that a total of 2,370,060 ordinary fully paid securities have been bought back, including 110,000 on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has announced its estimated pre-tax net tangible asset (NTA) backing per share and share price as of Friday’s market close, with the NTA figures being unaudited and approximate. The company highlights its diversified, low-cost, and internally managed investment approach, emphasizing its strong balance sheet with no debt, experienced management, and sustainable dividends, which positions it favorably in the market.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has released its estimated pre-tax net tangible asset (NTA) backing per share and share price as of November 7, 2025. The company emphasizes its diversified, low-cost, and internally managed investment approach, supported by a strong balance sheet with no debt and a commitment to fully-franked, sustainable dividends. This announcement highlights Argo’s stable financial position and long-term investment strategy, which may reassure stakeholders of its continued robust performance in the investment sector.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited reported its net tangible asset (NTA) backing per share remained stable at $10.65 as of October 31, 2025. The Australian equities market saw modest gains, with the S&P/ASX 200 Accumulation Index rising by 0.4% in October, driven by optimism around international trade deals. However, market volatility increased towards the end of the month due to unexpected inflation data affecting interest rate expectations. Argo’s diversified investment strategy and strong financial position continue to support its resilience and growth, benefiting stakeholders with sustainable dividends and a robust portfolio.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited reported an estimated pre-tax net tangible asset (NTA) backing per share of $10.65 as of October 31, 2025. The company emphasizes its diversified, low-cost, and internally managed investment approach, supported by a strong balance sheet with no debt and a commitment to delivering fully-franked, sustainable dividends. This announcement highlights Argo’s stable financial position and its long-term, proven investment strategy, which may reassure stakeholders of its continued robust performance in the market.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited announced its estimated pre-tax net tangible asset (NTA) backing per share and share price as of the market close on Friday, October 24, 2025. The company emphasizes its diversified and administratively simple investment approach, backed by a strong balance sheet and experienced management. This announcement highlights Argo’s commitment to maintaining a sustainable and proven long-term investment strategy, which may reassure stakeholders of its stable financial positioning and potential for continued dividend payouts.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited announced the cessation of Christopher Edgar Cuffe AO as a director, effective October 22, 2025. Cuffe held a beneficial interest in 15,929 fully paid ordinary shares through Thank Keating Pty. Ltd., associated with the C&N Cuffe Family Superannuation Fund. This change in directorship may influence the company’s governance and strategic direction, potentially impacting stakeholders’ interests.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited announced a significant increase in its full-year profit to $259.8 million for the financial year ending June 30, 2025, despite challenging market conditions. The company also reported a rise in investment revenue by 5.1% and declared a record high fully franked dividend of 37.0 cents per share, reflecting its commitment to sustainably growing dividends and distributing accumulated franking credits to shareholders.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has released its estimated pre-tax net tangible asset (NTA) backing per share and share price as of Friday’s market close. The company highlights its diversified, low-cost, and internally managed investment approach, supported by a strong balance sheet with no debt, and an experienced board and management team. The announcement reinforces Argo’s commitment to providing fully-franked, sustainable dividends and a long-term, proven investment strategy, which is likely to maintain its strong position in the market and continue to benefit its shareholders.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
Argo Investments Limited has released its estimated pre-tax net tangible asset (NTA) backing per share and share price as of Friday’s market close, noting that these figures are unaudited and approximate. The announcement highlights the company’s strong financial position and long-term investment strategy, which may reassure stakeholders of its stability and potential for sustained dividends. This update reflects Argo’s commitment to transparency and may influence investor confidence positively.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.