Argan, Inc. (AGX) vs Everus Construction Group, Inc. (ECG)

Argan, Inc. and Everus Construction Group, Inc. are both Engineering & Construction companies. Everus Construction Group, Inc. is the larger, with a market value of $6.1B against $5.1B — 1.2× the size. Everus Construction Group, Inc. trades at the lower P/E: 23.5× against 28.3×. Everus Construction Group, Inc. grew revenue faster over the last twelve months: 30.5% against 29.0%. Argan, Inc. has the higher net margin (15.1% vs 5.96%) and the lower return on invested capital (0.00% vs 23.7%). Across the 20 metrics below, Argan, Inc. leads on 11 and Everus Construction Group, Inc. on 9.

Valuation

Metric AGX ECG Engineering & Construction median
P/E 28.33 23.48 28.59
P/S 4.30 1.40 1.15
P/B 10.08 7.73 3.96
Price to free cash flow 9.36 22.93 25.24
EV/EBITDA 22.10 16.54 14.87
EV/Sales 3.44 1.42 1.42
Earnings yield 3.53% 4.26% 2.47%
Free cash flow yield 10.68% 4.36% 1.91%

Profitability

Metric AGX ECG Engineering & Construction median
Gross margin 20.86% 13.02% 18.76%
Operating margin 15.36% 7.75% 6.26%
Net margin 15.09% 5.96% 2.23%
Free cash flow margin 45.93% 6.11% 1.83%
Return on equity 39.85% 39.52% 7.90%
Return on assets 15.70% 14.38% 0.87%
Return on invested capital 0.00% 23.73% 2.52%

Growth

Metric AGX ECG Engineering & Construction median
Revenue growth (TTM) 29.02% 30.53% 16.67%
EPS growth (last fiscal year) 58.37% 40.57% —
Revenue growth, 5-year CAGR 13.15% — 11.76%
Net income growth, 5-year CAGR 29.22% — 0.00%

Health

Metric AGX ECG Engineering & Construction median
Debt to equity 0.00 0.36 0.40
Current ratio 1.50 1.59 1.39
Net debt to EBITDA (6.55) 0.38 0.38

Dividend

Metric AGX ECG Engineering & Construction median
Dividend yield 2.40% — 0.65%
Payout ratio 0.38 — 0.00

Size

Metric AGX ECG Engineering & Construction median
Market cap 5.12b 6.05b 1.31b

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