Argosy Property Limited

Argosy Property Limited

NNZX:ARG
1.02
NZD
+0.02
(+1.49%)
0.15EPS
7.64P/E
987.03MMarket Cap
Nov 25Next Earn

Total Valuation

NZD

As of March 31, 2026, Argosy Property Limited carries a market capitalization of 987.03M, placing it among publicly traded companies globally. Its enterprise value stands at 1.88B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap987.03M
Enterprise Value1.88B

Important Dates

Argosy Property Limited's next confirmed earnings release is scheduled for November 25, 2026.

Earnings Date11/25/2026

Share Statistics

As of March 31, 2026, Argosy Property Limited has 873.48M shares outstanding.

Shares Outstanding873.48M

Valuation Ratios

As of March 31, 2026, Argosy Property Limited trades at a trailing price-to-earnings ratio of 7.64. The price-to-sales ratio is 6.10, and the price-to-book ratio stands at 0.71.

PE Ratio7.64
PS Ratio6.10
PB Ratio0.71
P/TBV Ratio0.71

Enterprise Valuation

As of March 31, 2026, Argosy Property Limited trades at an EV/EBITDA multiple of 17.18 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 11.76 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 18.57 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 1.88B versus a market cap of 987.03M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales11.76
EV / EBITDA17.18
EV / EBIT18.57

Financial Position

As of March 31, 2026, Argosy Property Limited maintains a current ratio of 0.47, meaning it holds 0.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 64.05, indicating elevated leverage, while an interest coverage ratio of 2.70 demonstrates limited ability to service its debt obligations.

Current Ratio0.47
Quick Ratio0.05
Debt / Equity64.05
Debt / EBITDA8.18
Interest Coverage2.70

Financial Efficiency

NZD

Over the twelve months ended March 31, 2026, Argosy Property Limited posted a return on equity (ROE) of 9.44, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 4.18 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 5.67, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 7.49, useful for judging operating efficiency across full business cycles. The company generates approximately 4.57M in revenue per employee across its workforce of 35.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)9.44
Return on Assets (ROA)5.67
Return on Invested Capital (ROIC)4.18
Return on Capital Employed (ROCE)7.49
Revenue Per Employee4.57M
Employee Count35.00

Taxes

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Over the twelve months ended March 31, 2026, Argosy Property Limited recorded 12.67M in income tax expense. That works out to an effective tax rate of 9.02, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 140.40M, leaving 127.73M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax12.67M
Effective Tax Rate9.02

Stock Price Statistics

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As of the close on October 23, 2026, Argosy Property Limited's stock has declined approximately 18.07% over the past 52 weeks. The 50-day moving average sits at 1.01, while the 200-day moving average is 1.08.

52-Week Price Change-18.07%
50-Day Moving Average1.01
200-Day Moving Average1.08

Income Statement

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Over the twelve months ended March 31, 2026, Argosy Property Limited generated 159.81M in revenue and converted that into 127.73M in net income, yielding earnings per share of 0.15. EBITDA reached 109.37M, while operating income came in at 101.20M.

Revenue159.81M
Gross Profit120.77M
Operating Income101.20M
Pretax Income140.40M
Net Income127.73M
EBITDA109.37M
EBIT101.20M
Earnings Per Share (EPS)0.15

Balance Sheet

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As of March 31, 2026, Argosy Property Limited holds 3.39M in cash and equivalents against 895.21M in total debt, resulting in a net debt position of 852.13M. Total book value stands at 1.40B, with working capital of -65.11M providing operational flexibility.

Cash & Cash Equivalents3.39M
Total Debt895.21M
Net Debt852.13M
Equity (Book Value)1.40B
Book Value Per Share1.60
Working Capital-65.11M

Cash Flow

NZD

These figures cover the twelve months ended March 31, 2026.

Capital Expenditures-53.32M

Margins

Over the twelve months ended March 31, 2026, Argosy Property Limited posted a gross margin of 75.57, reflecting its pricing power and cost economics. The operating margin of 63.33 and net profit margin of 79.93 provide insight into operational efficiency.

Gross Margin75.57
Operating Margin63.33
Pretax Margin87.85
Profit Margin79.93
EBITDA Margin68.44

Dividends & Yields

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Over the twelve months ended March 31, 2026, Argosy Property Limited paid dividends of 0.04 per share. The dividend payout ratio of 30.29 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Total shareholder yield is negative at -6.03, meaning Argosy Property Limited raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Dividend Per Share0.04
Payout Ratio30.29
Shareholder Yield-6.03

Stock Splits

Argosy Property Limited's most recent stock split took place on July 11, 2013 with a 363:367 split ratio.

Last Split Date7/11/2013
Split Ratio363:367

Scores

As of March 31, 2026, Argosy Property Limited has an Altman Z-Score of 1.13, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.13