Argo Investments Limited

Argo Investments Limitedverified

ARG.AX

Price:

$9.08

Market Cap:

$6.93B

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.[Read more]

Industry

Asset Management

IPO Date

1998-12-31

Stock Exchange

ASX

Ticker

ARG.AX

The ROE as of January 2025 (TTM) for Argo Investments Limited (ARG.AX) is 15.11%

According to Argo Investments Limited’s latest financial reports and current stock price. The company's current ROE is 15.11%. This represents a change of 295.73% compared to the average of 3.82% of the last 4 quarters.

Argo Investments Limited (ARG.AX) Historical ROE (quarterly & annually)

How has ARG.AX ROE performed in the past?

The mean historical ROE of Argo Investments Limited over the last ten years is 4.59%. The current 15.11% ROE has changed 229.25% with respect to the historical average. Over the past ten years (40 quarters), ARG.AX's ROE was at its highest in in the December 2022 quarter at 12.91%. The ROE was at its lowest in in the September 2020 quarter at 0.66%.

Quarterly (TTM)
Annual

Average

4.59%

Median

4.51%

Minimum

3.08%

Maximum

5.55%

Argo Investments Limited (ARG.AX) ROE by Quarter and Year

Discovering the peaks and valleys of Argo Investments Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 80.10%

Maximum Annual ROE = 5.55%

Minimum Annual Increase = -27.02%

Minimum Annual ROE = 3.08%

Quarterly (TTM)
Annual
YearROEChange
20243.98%-12.22%
20234.53%-18.40%
20225.55%80.10%
20213.08%-27.02%
20204.22%-23.93%
20195.55%28.77%
20184.31%-3.84%
20174.48%-10.62%
20165.02%-2.98%
20155.17%13.22%

Argo Investments Limited (ARG.AX) Average ROE

How has ARG.AX ROE performed in the past?

The current ROE of Argo Investments Limited (ARG.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.69%

5-year avg

4.27%

10-year avg

4.59%

Argo Investments Limited (ARG.AX) ROE vs. Peers

How is ARG.AX’s ROE compared to its peers?

Argo Investments Limited’s ROE is less than Australian Foundation Investment Company Limited (18.05%), less than WAM Capital Limited (12.83%), less than Washington H. Soul Pattinson and Company Limited (5.55%), less than BKI Investment Company Limited (61.97%), less than Australian United Investment Company Limited (6.13%),

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