1. New Zealand Stocks

  2. •

    Real Estate

  3. •

    REIT - Diversified
Argosy Property Limited

Argosy Property Limited

IGPYF
Argosy Property LimitedUS flagOther OTC
0.75
USD
- -
- -
655.48MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
Revenue per Share
0.12
0.15
0.15
0.15
0.15
0.15
0.15
0.16
0.16
0.17
0.18
0.18
0.19
Basic EPS, GAAP
0.11
0.08
0.1
0.13
0.12
0.16
0.14
0.29
0.28
-0.1
-0.07
0.15
0.15
Free Cash Flow per Basic Share
-0.21
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-0.06
Dividend per Share
0.05
0.05
0.05
0.05
0.06
0.06
0.06
0.04
0.05
0.07
0.07
0.06
0.04
Book Value per Share
0.99
0.97
1.01
1.07
1.12
1.22
1.3
1.54
1.75
1.58
1.44
1.54
1.62
Tangible Book Value per Share
0.99
0.97
1.01
1.07
1.12
1.22
1.3
1.54
1.75
1.58
1.45
1.54
1.62
Basic Weighted Avg Shares
747
796
806
817
825
827
827
832
843
847
847
848
863
Sales/Revenue/Turnover
88
116
122
125
120
126
121
131
132
145
153
156
160
Operating Margin (%)
65.76
71.7
73.15
73.18
71.32
70.62
70.91
71.2
70.94
63.92
62.38
63.6
63.33
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
10
9
6
8
Net Income, GAAP
86
64
79
104
98
134
119
242
236
-81
-55
126
128
Effective Tax Rate (%)
13.41
6.1
5.57
13.32
10.19
6.69
3.82
2.71
2.09
- -
- -
8.89
9.02
Profit Margin (%)
97.35
55.58
64.56
83.55
82.04
106.2
98.51
183.89
179.49
-55.93
-36.09
80.82
79.93
Working Capital
-19
-7
-8
3
11
-16
69
78
3
-10
30
-113
-65
LT Debt
448
495
502
529
553
594
771
796
737
800
778
696
795
Total Equity
740
769
810
875
927
1,009
1,076
1,281
1,472
1,336
1,224
1,308
1,398
Return on Invested Capital (%)
4.73
6.36
6.55
5.83
5.31
5.38
4.78
4.64
4.26
- -
- -
4.39
4.18
Return on Capital (%)
10.14
7.3
8.19
9.34
8.4
10.14
8.07
13.64
12.1
- -
- -
7.89
7.49
Return on Common Equity (%)
12.7
8.52
9.99
12.39
10.9
13.81
11.43
20.52
17.17
-5.76
-4.32
9.94
9.45

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.95%
2.21%
6.87%
Free Cash Flow
- -
- -
1,720.97%
Net Income, GAAP
-33.98%
-98.87%
1.49%
Sales/Revenue/Turnover
2.82%
4.05%
2.62%
Total Cash Common Dividend
1.84%
2.42%
-18.66%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
153
2025
- -
- -
- -
- -
156
2026
- -
- -
- -
- -
160

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-0.07
2025
- -
- -
- -
- -
0.15
2026
- -
- -
- -
- -
0.15

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.07
2025
- -
- -
- -
- -
0.06
2026
- -
- -
- -
- -
0.04

Company Description

APIChat
CEO
Peter Mence
Full Time Employees
35
Sector
Real Estate
Industry
REIT - Diversified
Address
39 Market Place Auckland New Zealand 1010
IPO Date
May 24, 2011
Website
argosy.co.nz
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Business
Argosy Property Limited, one of New Zealand's largest listed property investment companies, owns, develops and manages a diversified portfolio of quality industrial, office and large format retail properties valued at over $2.2 billion, predominantly located in the Auckland and Wellington markets. The company offers industrial properties including logistics warehouses, distribution centers, showrooms and corporate facilities such as 224 Neilson Street in Penrose, Mt Richmond in Mt Wellington, 240 and 244 Puhinui Road in Manukau, Highgate Parkway in Silverdale and 320 Ti Rakau Drive in East Tamaki; office properties housing government departments and local and international businesses such as 39 Market Place in Viaduct Harbour, 99-107 Khyber Pass Road and 8 Nugent Street in Grafton, 101 and 105 Carlton Gore Road in Newmarket, Citibank Centre at 23 Customs Street East and 82 Wyndham Street; and large format retail properties including Albany Mega Centre, 50 and 54-62 Cavendish Drive in Manukau, 252 Dairy Flat Highway in Albany and entertainment venues. Argosy Property operates primarily in New Zealand with a focus on sustainable development, targeting 50% green-rated buildings by 2030 through retrofitting and new constructions featuring energy-efficient designs like LED lighting, heat recovery systems and low VOC materials. Founded in 2002 and headquartered at 39 Market Place, Viaduct Harbour, Auckland, the company is listed on the NZX (ARG.NZ) and OTC (IGPYF). Recent developments include ongoing green industrial projects at 224 Neilson Street and Mt Richmond with a secured 10-year lease to Viatris Limited for 6,633 sqm targeting completion in April 2026, near-completion of leasing at 101 and 105 Carlton Gore Road, sale of 8 Forge Way for $35.2 million in March 2025 to fund developments, a $72.7 million revaluation gain for the year ended March 2025, key lease renewals and new leases with tenants including Cotton On, Farmers, The Warehouse and Mitchell Vranjes totaling significant square footage on multi-year terms, and bank refinancing in July 2025.

Company News

APIChat

  • seekingalpha.com

    Argosy Property Limited (IGPYF) Q4 2026 Earnings Call Transcript

  • seekingalpha.com

    Argosy Property Limited (IGPYF) Q2 2026 Earnings Call Transcript