Skip to Content

Argosy Property Ltd ARG

Morningstar Rating
NZD 1.10 +0.02 (1.38%)
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

ARG is trading at a 432% premium.
Price
NZD 1.08
Fair Value
NZD 5.27
Uncertainty
High
1-Star Price
NZD 3.57
5-Star Price
NZD 5.14
Economic Moat
Wpy
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 ARG is a good fit for your portfolio.

Trading Information

Previous Close Price
NZD 1.09
Day Range
NZD 1.081.10
52-Week Range
NZD 1.031.24
Bid/Ask
NZD 1.09 / NZD 1.12
Market Cap
NZD 931.89 Mil
Volume/Avg
229,749 / 454,406

Key Statistics

Price/Earnings (Normalized)
2.33
Price/Sales
6.17
Dividend Yield (Trailing)
6.05%
Dividend Yield (Forward)
6.05%
Total Yield
6.05%

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
ARG
BGP
IPL
Price/Earnings (Normalized)
2.3311.524.03
Price/Book Value
0.723.070.68
Price/Sales
6.171.225.62
Price/Cash Flow
14.257.8614.05
Price/Earnings
ARG
BGP
IPL

Financial Strength

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

Profitability

Metric
ARG
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
ARG
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 SharesGzsm$30.9 Bil
WPC
W.P. Carey IncSly$13.0 Bil
STKAF
Stockland Corp LtdXlzmf$7.4 Bil
LDSCY
Land Securities Group PLC ADRNcg$6.4 Bil
LSGOF
Land Securities Group PLCGjjvb$6.4 Bil
FBASF
Fibra Uno Administracion SA de CV Certificados Bursatiles Fiduciarios InmobHlsvg$5.7 Bil
FNCDY
Covivio SA ADRVlbtk$5.6 Bil
GSEFF
Covivio SAJxr$5.6 Bil
MRVGF
Mirvac GroupWtqb$5.4 Bil
ESRT
Empire State Realty Trust Inc Class AKmynglnplZdnx$1.6 Bil

Sponsor Center