Irongate Group Share Price and Company Fundamentals



Price
$1.495
Change
0.025 (1.701%)
52 week
1.135 - 1.625

Last traded: Today at 1:49 AM

Irongate Group has its origins as the Investec Group's Australian and New Zealand property investment and asset management business. Having invested in and managed over A$3bn of assets for the Investec Group, the long-standing management team evolved to become the Irongate Group to continue its growth trajectory and expand its third-party funds management platform. Our strength lies in our disciplined, measured and value-based approach to multi-sector property investment and asset management in Australia and New Zealand. We have dedicated teams that specialise in acquisitions, hands on active asset management, effective balance sheet management and developing trusted capital partnerships.

Key Metrics

PE ratio

-

PB ratio

23.36

Dividend yield

10.41%

Beta

0.23

Market cap

$913.89M

Enterprise value

$1.15B

Company profile

Primary activitiesInvestment in Australian and New Zealand office, industrial and retail real estate assets.
Industry / SectorREIT—Diversified / Real Estate
Websitehttp://irongategroup.com.au
Mailing addressLevel 13 95 Pitt Street Sydney NSW 2000 Australia
Phone / Fax61 2 7906 2006 / 61 2 7906 2006
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Annual reports

Published onReport
05 May 2021Irongate Group Annual report

Dividends

More: Irongate Group Dividend history, yield and payout ratio

Dividend yield

10.41%

Dividend amount

$0.15

Payout ratio

47.97%

Irongate Group paid $0.15 dividend and the ex-dividend date was 27 May 2021.The dividend payout ratio is 47.97%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.IAP dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

IAP's forward dividend amount is $0.09 and the forward dividend yield is 6.16%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2021, following are the company executives and directors listed on Irongate Group.

NameTitleAgeTotal Pay
Mr. Graeme A. KatzCEO & Exec. Director of Investec Property Limited55692.24k
Ms. Kristie Lenton C.A., CAChief Financial Officer of Investec Property Limited428.66k
Mr. Zach McHerronFund Mang.488.2k
Ms. Lucy SpenceleyInvestor Relations & Company Sec. of Investec Property Limited

Profitability and management effectiveness

Profit margin

-22.96%

Operating margin

41.22%

Return on assets

1.14%

Return on equity

22.06%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Irongate Group is 913.89M and its enterprise value is 1.15B. The enterprise value to revenue ratio of IAP is 20.79.

The IAP's stocks Beta value is 0.23 making it 77% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Irongate Group (IAP)

Irongate Group (ASX:IAP) Frequently Asked Questions

1. What is Irongate Group's Stock Symbol?

Irongate Group trades on ASX under the ticker symbol "IAP".

2. What is Irongate Group's stock price today?

One share of IAP stock can currently be purchased for approximately $1.495.

3. How can I contact Irongate Group?

Irongate Group's mailing address is Level 13 95 Pitt Street Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 7906 2006.

4. What is Irongate Group's official website?

The official website of Irongate Group is http://irongategroup.com.au.

5. Which share registry manages Irongate Group's stock?

Irongate Group's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.