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. Building on a unique customer-centric approach, ARGAN develops PREMIUM and pre-let Au0nom labelled warehouses, which produce their own energy for self-consumption for blue-chip companies, with tailor-made services throughout all project phases from the development milestones to the rental management. As at June 30, 2025, ARGAN represented a portfolio of 3.7 million sq.m, with about a hundred warehouses solely located in the continental area of France. Appraised at a total of 4.0 billion, this portfolio generates a yearly rental income of over 210 million (yearly rental income based on the portfolio delivered as of June 30, 2025). Profitability, well-mastered debt and sustainability are at the heart of ARGANs DNA. The financial solidity of the Groups model is notably reflected in its investment-grade rating (BBB- with a stable outlook) with Standard & Poors. ARGAN is also deploying a committed ESG policy addressing all its stakeholders. Achievements as part of this roadmap are regularly recognized by third-party agencies such as GRESB (rated: 83/100), Sustainalytics (low extra-financial risk), Ethifinance (gold medal) and Ecovadis (silver medal top 15% amongst rated companies). ARGAN is a listed real estate investment company, on Compartment A of Euronext Paris and is included in the Euronext SBF 120, CAC All-Share, EPRA Europe and IEIF SIIC France indices.
Metrics to compare | ARGAN | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipARGANPeersSector | |
|---|---|---|---|---|
P/E Ratio | 6.0x | 14.8x | 9.2x | |
PEG Ratio | 0.03 | 0.00 | 0.01 | |
Price/Book | 0.8x | 1.0x | 0.9x | |
Price / LTM Sales | 7.1x | 4.0x | 3.9x | |
Upside (Analyst Target) | 10.5% | 12.1% | 12.2% | |
Fair Value Upside | Unlock | −3.2% | 0.1% | Unlock |