Argosy Property Ltd ARG

Morningstar Rating
NZ$1.00 +0.01 (1.01%)
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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

ARG is trading at a LOCK|&$<vjq premium.
Price
NZ$1.00
Fair Value
LOCK|JM%w>q^
Uncertainty
LOCK|sph
1-Star Price
LOCK|%G^?Wk
5-Star Price
LOCK|G%PHksX
Economic Moat
LOCK|hb
Capital Allocation
—

Trading Information

Previous Close Price
NZ$0.99
Day Range
NZ$0.99–1.00
52-Week Range
NZ$0.98–1.30
Bid/Ask
NZ$1.00 / NZ$1.00
Shares Outstanding
873.97M
Market Cap
NZ$873.97M
Volume/Avg
379,331 / 762,634

Key Statistics

Price/Earnings (Normalized)
9.58
Price/Sales
5.40
Dividend Yield (Trailing)
6.65%
Dividend Yield (Forward)
6.65%
Dividend Payment Schedule
Mar, Jun, Sep, Dec
Total Yield
6.65%

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 centered 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

Valuation

Metric
ARG
Price/Earnings (Normalized)
9.58
Price/Book Value
0.62
Price/Sales
5.40
Price/Cash Flow
12.81
Price/Earnings
ARG

Financial Strength

Metric
ARG
Quick Ratio
0.05
Current Ratio
0.47
Interest Coverage
4.59
Quick Ratio
ARG

Profitability

Metric
ARG
Return on Assets (Normalized)
3.31%
Return on Equity (Normalized)
5.50%
Return on Invested Capital (Normalized)
5.01%
Return on Assets
ARG

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