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
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.
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%.
Average
4.59%
Median
4.51%
Minimum
3.08%
Maximum
5.55%
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%
Year | ROE | Change |
---|---|---|
2024 | 3.98% | -12.22% |
2023 | 4.53% | -18.40% |
2022 | 5.55% | 80.10% |
2021 | 3.08% | -27.02% |
2020 | 4.22% | -23.93% |
2019 | 5.55% | 28.77% |
2018 | 4.31% | -3.84% |
2017 | 4.48% | -10.62% |
2016 | 5.02% | -2.98% |
2015 | 5.17% | 13.22% |
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’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%),
Company | ROE | Market cap |
---|---|---|
18.05% | $9.39B | |
12.83% | $1.78B | |
5.55% | $12.33B | |
61.97% | $1.40B | |
6.13% | $1.31B |
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What is the 3-year average ROE for Argo Investments Limited (ARG.AX)?
What is the 5-year average ROE for Argo Investments Limited (ARG.AX)?
How does the current ROE for Argo Investments Limited (ARG.AX) compare to its historical average?