AGX
Argan, Inc.
AGX offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
VRT
Vertiv Holdings Co
VRT has the edge over AGX overall, supported by stronger valuation and stronger modeled upside.
AGX Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AGX's revenue, profitability, cash flow and balance sheet are all currently strong.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
AGX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 17x | $215 | -32% |
| Forward | 22x | $315 | — |
| Current | 25x | $315 | — |
| Fair | 26x | $326 | +3.5% |
| Expensive | 43x | $546 | +73% |
Historical ranges are pointers, not guarantees.
AGX's PE is in its fair range at 25x. If earnings grow as analysts expect, today's price would be 22x next year's earnings.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT has the edge over AGX in the historical PE scenario, which offers more potential upside but is not a forecast.
AGX Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for AGX, with profitability improving. However, they disagree widely on these estimates.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for VRT, with profitability improving.
AGX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $14.39 | +14% |
| Q3 2026 | $12.64 | +51% |
| Q2 2026 | $11.38 | +59% |
| Q1 2026 | $9.74 | +58% |
| Q4 2025 | $8.53 | +78% |
| Q3 2025 | $8.36 | +163% |
| Q2 2025 | $7.17 | +155% |
| Q1 2025 | $6.15 | +157% |
| Q4 2024 | $4.78 | +94% |
AGX's earnings per share have climbed steadily: $12.64 over the past year, up 51% from the year before, and higher year over year for 13 quarters in a row.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over AGX on earnings, with stronger typical year-over-year growth.
AGX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $384M | +62% |
| Q2 2026 | $291M | +50% |
| Q1 2026 | $262.1M | +13% |
| Q4 2025 | $251.2M | -2.3% |
| Q3 2025 | $237.7M | +4.7% |
| Q2 2025 | $193.7M | +23% |
| Q1 2025 | $232.5M | +41% |
| Q4 2024 | $257M | +57% |
AGX's revenue is growing: $384M last quarter, up 62% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +2.1 points |
| Q2 2026 | 16% | +3 points |
| Q1 2026 | 18% | +4.1 points |
| Q4 2025 | 13% | +1.2 points |
| Q3 2025 | 13% | +4.4 points |
| Q2 2025 | 13% | +8.4 points |
| Q1 2025 | 14% | +6.9 points |
| Q4 2024 | 12% | +7 points |
AGX's operating margin was 15% last quarter, up 2.1 points from the same quarter a year ago.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT's revenue has grown year over year every quarter since late 2020: $4.3B last quarter, up 61% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over AGX on profitability, with a higher operating margin.
AGX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $91.7M | +179% |
| Q2 2026 | $111M | +218% |
| Q1 2026 | $171.1M | +296% |
| Q4 2025 | $171.9M | +488% |
| Q3 2025 | $32.9M | -54% |
| Q2 2025 | $34.9M | +101% |
| Q1 2025 | $43.3M | +80% |
| Q4 2024 | $29.2M | -48% |
AGX generated $546M in free cash flow over the past year, about four times what it generated the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT generated $3.1B in free cash flow over the past year, up 127% from the year before.
AGX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -33K shares |
| 1 year | +0.2% | +33K shares |
| 3 years | +4.6% | +622K shares |
| 5 years | -11% | -1.8M shares |
| Available history | -9.4% | -1.5M shares |
AGX has the edge over VRT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6.7M |
| Q2 2026 | $3M |
| Q1 2026 | $2.8M |
| Q4 2025 | — |
| Q3 2025 | $199,000 |
| Q2 2025 | $6.8M |
| Q1 2025 | $878,000 |
| Q4 2024 | $459,000 |
AGX spent $12M buying back its own shares over the past year, up 49% from the year before.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has 393M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
AGX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.0x | Net Cash |
| Q2 2026 | -2.3x | Net Cash |
| Q1 2026 | -2.5x | Net Cash |
| Q4 2025 | -2.5x | Net Cash |
| Q3 2025 | -1.5x | Net Cash |
| Q2 2025 | -1.8x | Net Cash |
| Q1 2025 | -1.6x | Net Cash |
| Q4 2024 | -2.5x | Net Cash |
AGX has the edge over VRT on leverage, with a lower net debt burden relative to earnings.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has more cash than debt.
AGX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.3 | Neutral |
| Stochastic | 10.8 | Oversold |
AGX's weekly RSI is 35 (neutral) and its Stochastic is 11 (oversold).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
AGX PE vs Industrials Sector
| Metric | AGX | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 24x | 3.8% above |
| PE % | 46 | 58 | 12 pts below |
AGX has the edge over VRT on valuation relative to its sector.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
AGX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $344.3 | 8.4% below |
| 20 week MA | $454.9 | 31% below |
| 50 week MA | $487.6 | 35% below |
| 100 week MA | $346.8 | 9.1% below |
| 200 week MA | $204.0 | 55% above |
AGX has fallen below most of its moving averages, though it's still 55% above its 200-week average.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has the edge over AGX on trend strength, trading above more of its moving averages.
AGX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $39.7 | $44.2 | +11% |
| 2021 | $44.2 | $38.2 | -14% |
| 2022 | $38.2 | $36.4 | -4.6% |
| 2023 | $36.4 | $46.8 | +28% |
| 2024 | $46.8 | $143.0 | +206% |
| 2025 | $143.0 | $325.1 | +127% |
| 2026 YTD | $325.1 | $315.3 | -3% |
AGX has finished higher in four of the last six years, two of them by more than 50%. It's down 3% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over AGX on returns for 2026, with the stronger performance.