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Argosy Property Ltd AZP

Morningstar Rating
NZD 0.62 0.00 (0.00%)
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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

AZP is trading within a range we consider fairly valued.
Price
€0.62
Fair Value
€3.51
Uncertainty
High
1-Star Price
€2.68
5-Star Price
€5.23
Economic Moat
Vdpm
Capital Allocation
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Trading Information

Previous Close Price
NZD 0.62
Day Range
NZD 0.620.62
52-Week Range
NZD 0.40
Bid/Ask
NZD 0.00 / NZD 0.00
Market Cap
NZD 525.24 Mil
Volume/Avg
0 /

Key Statistics

Price/Earnings (Normalized)
26.35
Price/Sales
6.11
Dividend Yield (Trailing)
6.06%
Dividend Yield (Forward)
6.15%
Total Yield
6.06%

Company Profile

Argosy Property Ltd's business activity is to invest in and actively manage properties, including Industrial, Office and Large Format Retail properties, predominantly in Auckland and 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 centers, and entertainment venues.
Sector
Real Estate
Industry
REIT - Diversified
Stock Style Box
Small Value
Total Number of Employees
35

Comparables

Valuation

Metric
AZP
IPL
HLG
Price/Earnings (Normalized)
26.353.8510.04
Price/Book Value
0.780.663.13
Price/Sales
6.115.270.79
Price/Cash Flow
15.5512.694.14
Price/Earnings
AZP
IPL
HLG

Financial Strength

Metric
AZP
IPL
HLG
Quick Ratio
0.190.060.89
Current Ratio
2.510.091.35
Interest Coverage
−1.20−2.5112.22
Quick Ratio
AZP
IPL
HLG

Profitability

Metric
AZP
IPL
HLG
Return on Assets (Normalized)
−2.53%0.38%15.68%
Return on Equity (Normalized)
−4.25%0.64%32.87%
Return on Invested Capital (Normalized)
−2.69%1.65%19.40%
Return on Assets
AZP
IPL
HLG
See how this stock stacks up to its competitors with Morningstar Investor

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Capital Allocation
Economic Moat
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Land Securities Group PLC
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Covivio SA ADR
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Covivio SA
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Zvbhj$5.3 Bil
GPT Group
GPTGF
Sxzn$5.2 Bil
UNITE Group PLC
UTGPF
Yvc$5.1 Bil
Empire State Realty Trust Inc Class A
ESRT
KtdfszqydJln$1.5 Bil

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