Argosy Property Limited Share Price and Company Fundamentals



Price
$1.16
Change
-0.015 (-1.277%)
52 week
1.125 - 1.65

Last traded: Today at 3:59 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

8.33

PB ratio

0.69

Dividend yield

5.62%

Beta

0.81

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

5.62%

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 06 Dec 2022.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 5.73%. 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 Nov 2022, 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 0.81 making it 19% 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 $1.16.

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.