Argan SA (ARG.PA) — Quality & forensics

As of 2026-09-18 — refreshed nightly. Closelook readings from an investment research diary, not ratings or advice.

The Closelook module scores

50 /100 composite · 7 modules · general weight set

Valuation 69
Quality 71
Growth 43
Balance sheet 17
Cash quality 27
Capital allocation 45
Momentum 75

Scores are computed nightly across the coverage universe and read relative to it — the methodology lives in the company-scoring explainer.

Financial forensics — the academic screens

0.71 Altman Z-Score

Sits in the distress zone (below 1.81). The Z-Score estimates financial-distress risk from five balance-sheet and earnings ratios.

5/9 Piotroski F-Score

Nine binary fundamental-strength checks across profitability, leverage and operating efficiency.

-2.37 Beneish M-Score

Screens reported earnings for statistical manipulation patterns — below the −1.78 manipulation-risk threshold. A screen, not an accusation.

Continue: the ARG.PA chart & overview

FAQ · from the current data · as of 2026-09-18

Quick answers

What is Argan SA's Closelook quality reading?

The composite reads 50/100 across 7 modules, as of 2026-09-18: valuation 69, quality 71, growth 43, balance sheet 17, cash quality 27, capital allocation 45, momentum 75. Closelook scores are research diary readings, not ratings or investment advice.

What is Argan SA's Altman Z-Score?

0.71, which sits in the distress zone (below 1.81) as of 2026-09-18. The Altman Z-Score estimates financial distress risk from five balance-sheet and earnings ratios.

What is Argan SA's Piotroski F-Score?

5 of 9, as of 2026-09-18. The F-Score counts nine binary fundamental-strength signals across profitability, leverage and operating efficiency.

What does Argan SA's Beneish M-Score indicate?

-2.37 — below the −1.78 manipulation-risk threshold, as of 2026-09-18. The M-Score screens reported earnings for statistical manipulation patterns; it is a screen, not an accusation.