Skip to Content

Argosy Property Ltd IGPYF

Morningstar Rating
$0.69 −0.01 (1.00%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

IGPYF is trading at a 20% discount.
Price
$0.69
Fair Value
$4.19
Uncertainty
High
1-Star Price
$6.37
5-Star Price
$6.68
Economic Moat
Hvx
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if IGPYF is a good fit for your portfolio.

Trading Information

Previous Close Price
$0.69
Day Range
$0.690.69
52-Week Range
$0.690.69
Bid/Ask
$0.62 / $0.70
Market Cap
$580.31 Mil
Volume/Avg
10,000 / 10,000

Key Statistics

Price/Earnings (Normalized)
2.37
Price/Sales
6.28
Dividend Yield (Trailing)
5.92%
Dividend Yield (Forward)
3.50%
Total Yield
5.92%

Company Profile

Argosy Property Ltd's business activity is to invest in and actively manage properties throughout New Zealand. The company's portfolio is centred on the Auckland and Wellington markets and is diversified by industrial, office and Large format retail property segments. The company's industrial portfolio includes logistics warehouses, distribution centers, and other corporate or owner-operated businesses. Its office portfolio consists of house government departments and both local and international businesses. Its retail portfolio contains retail stores in large format, convenience centres, and entertainment venues.
Sector
Real Estate
Industry
REIT - Diversified
Stock Style Box
Small Value
Total Number of Employees
35

Comparables

Valuation

Metric
IGPYF
BGP
IPL
Price/Earnings (Normalized)
2.3711.794.11
Price/Book Value
0.753.140.69
Price/Sales
6.281.255.72
Price/Cash Flow
14.498.0414.31
Price/Earnings
IGPYF
BGP
IPL

Financial Strength

Metric
IGPYF
BGP
IPL
Quick Ratio
0.171.340.08
Current Ratio
0.262.140.35
Interest Coverage
−2.598.70−10.16
Quick Ratio
IGPYF
BGP
IPL

Profitability

Metric
IGPYF
BGP
IPL
Return on Assets (Normalized)
−4.99%11.91%3.15%
Return on Equity (Normalized)
−8.19%27.08%5.02%
Return on Invested Capital (Normalized)
−5.26%15.62%4.73%
Return on Assets
IGPYF
BGP
IPL
See how this stock stacks up to its competitors with Morningstar Investor

REIT - Diversified Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
VICI
VICI Properties Inc Ordinary SharesWhgk$29.8 Bil
WPC
W.P. Carey IncPfln$12.2 Bil
STKAF
Stockland Corp LtdPmgk$6.8 Bil
LDSCY
Land Securities Group PLC ADRMxgs$5.9 Bil
LSGOF
Land Securities Group PLCKjpp$5.9 Bil
FBASF
Fibra Uno Administracion SA de CV Certificados Bursatiles Fiduciarios InmobBnzfl$5.7 Bil
MRVGF
Mirvac GroupYthrt$5.4 Bil
GPTGF
GPT GroupMddn$5.2 Bil
GSEFF
Covivio SARkj$5.0 Bil
ESRT
Empire State Realty Trust Inc Class ASnldqvjstKlndq$1.5 Bil

Sponsor Center