Argosy Property Limited Share Price and Company Fundamentals
Last traded: Yesterday at 4:00 AM
Argosy Property Limited in properties in New Zealand. Its investment portfolio consists of approximately 100 properties comprising retail, industrial, and commercial properties. The company's properties are primarily located in Auckland, Hamilton, and Wellington in New Zealand. The firm was formerly known as Argosy Property Trust. Argosy Property Limited is based in Auckland, New Zealand.
Key Metrics
PE ratio
7.76
PB ratio
0.64
Dividend yield
5.84%
Beta
0.71
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | REIT—Diversified / Real Estate |
|---|---|
| Website | https://www.argosy.co.nz |
| Mailing address | 39 Market Place Level 1 Viaduct Harbour Auckland 1010 New Zealand |
| Phone / Fax | 64 9 304 3400 / 64 9 302 0996 |
Dividends
Dividend yield
5.84%
Dividend amount
$0.07
Payout ratio
46.40%
5Y Avg. yield
5.00%
Argosy Property Limited paid $0.07 dividend and the ex-dividend date was 14 Mar 2023.The dividend payout ratio is 46.40%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ARG 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.
ARG's forward dividend amount is $0.07 and the forward dividend yield is 5.99%. 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 Apr 2023, following are the company executives and directors listed on Argosy Property Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Peter Mence | Chief Exec. Officer | ||
| Mr. David Fraser | Chief Financial Officer | ||
| Mr. Stephen Freundlich | Head of Corp. Communications & Investor Relations | ||
| Mr. David Snelling | Gen. Counsel & Company Sec. | ||
| Ms. Marilyn Storey | Head of Devel. | ||
| Mr. Saatyesh Bhana | Head of Sustainability | ||
| Mr. Andrew Eagles | Chief Exec. Officer of NZGBC | ||
| Ms. Anna Hamill | Financial Controller |
Profitability and management effectiveness
Profit margin
88.62%
Operating margin
70.92%
Return on assets
2.67%
Return on equity
8.43%
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 Argosy Property Limited is and its enterprise value is .
The ARG's stocks Beta value is 0.71 making it 29% less volatile compared to NZX 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.
Argosy Property Limited (NZX:ARG) Frequently Asked Questions
1. What is Argosy Property Limited's Stock Symbol?
Argosy Property Limited trades on NZX under the ticker symbol "ARG".
2. What is Argosy Property Limited's stock price today?
One share of ARG stock can currently be purchased for approximately $1.11.
3. How can I contact Argosy Property Limited?
Argosy Property Limited's mailing address is 39 Market Place Level 1 Viaduct Harbour Auckland 1010 New Zealand. The company can be reached via phone at 64 9 304 3400.
4. What is Argosy Property Limited's official website?
The official website of Argosy Property Limited is https://www.argosy.co.nz.