Argosy Property (ARG.NZ) Stock Price

Argosy Property Price

NZX·CLOSED
0.99
​
Market closed

Revenue has compounded at 3.7% per year over the past 19 years to 155.73 M NZD. Earnings per share have declined at 0.8% per year over the last 19 years. Argosy Property's net margin stands at 80.8%, down from 181.1% several years earlier. Argosy Property currently offers a dividend yield of about 9.15%. The payout ratio is around 54% of earnings. Analysts set a median price target of 1.30 NZD, implying 30.8% above the current price. Of 11 analysts, 1 rate the stock a buy — an overall Sell consensus.

Argosy Property stock price

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Argosy Property business model & stock analysis

Argosy Property Ltd is a New Zealand company specializing in the development of commercial spaces and rental properties. The company was founded in 1990 and is based in Auckland. Its core business is renting offices, warehouses, and commercial spaces. Argosy Property Ltd focuses on the needs of small and medium-sized enterprises and specializes in long-term lease agreements. It was established by the New Zealand government and became a publicly traded company in 1995. The company has acquired additional commercial spaces throughout New Zealand and has become one of the leading providers of commercial real estate in the country. It offers office spaces, warehouses, and retail spaces for rent, and provides flexible leasing options, ownership rights, and online tools to assist customers in finding the right commercial space for their business. Argosy Property Ltd has experienced strong growth in recent years and aims to maintain its position as a market leader through a long-term and sustainable growth strategy.

Frequently asked questions about Argosy Property

The business model of Argosy Property Ltd revolves around property investment and management in New Zealand. As a leading listed property company, Argosy specializes in owning, developing, and managing a diverse portfolio of industrial, office, and retail properties. With a focus on long-term sustainability and value creation, the company generates rental income from its property assets, targeting high-quality tenants across various sectors. Argosy aims to enhance shareholder returns through an active property management approach, strategic acquisitions, and development projects, while upholding strong relationships with its tenants. Through its proactive management strategy, Argosy Property Ltd strives to provide stable and growing returns for its investors while delivering exceptional property solutions in the New Zealand market.

Argosy Property Ltd is primarily active in the real estate industry.

Some of the main competitors of Argosy Property Ltd in the market include Goodman Property Trust, Kiwi Property Group, and Precinct Properties New Zealand.

Argosy Property Ltd is a renowned New Zealand-based company specializing in property investment and management. Established in 1999, Argosy has transformed into a leading player within the commercial property sector. With an extensive portfolio comprising industrial, office, and retail properties, Argosy prides itself on providing value and delivering top-notch services to its tenants. With a strategic approach to acquisitions, developments, and leasing, the company ensures a strong market presence. Argosy Property Ltd has consistently achieved sustainable growth and delivered attractive returns to its shareholders, solidifying its reputation as a trusted provider of quality real estate solutions in New Zealand.

Argosy Property Ltd, a leading stock in the real estate industry, has accomplished several notable milestones. Firstly, the company successfully acquired and developed a diverse portfolio of prime properties across New Zealand. It has consistently delivered impressive financial results, achieving strong revenue growth and generating substantial returns for its shareholders. Argosy Property Ltd has also focused on sustainability, implementing environmentally friendly practices in its operations. Furthermore, the company has gained recognition for its exceptional management team, strategic decision-making, and commitment to corporate governance. With its continuous progress and commitment to excellence, Argosy Property Ltd remains a reliable and competitive player in the real estate market.

Argosy Property Ltd is primarily present in New Zealand.

Argosy Property Ltd represents values of transparency, integrity, and excellence in the commercial property sector. As a company, they prioritize strong corporate governance and sustainable business practices. Argosy Property Ltd is dedicated to delivering value to their shareholders through adept asset management, strategic acquisitions, and active portfolio management. With a focus on maintaining strong tenant relationships, they aim to create long-term value and offer tailored property solutions to their clients. Argosy Property Ltd's corporate philosophy is centered around responsible and ethical business conduct, fostering a collaborative and inclusive work environment, and consistently meeting the needs of their stakeholders.

Analysts currently set an average price target of 1.27 NZD for the Argosy Property stock (median: 1.30 NZD), implying +28.6 % versus the latest price. The consensus is based on 11 analyst ratings.

11 analysts currently rate the Argosy Property stock: 1 recommend buying, 5 holding and 5 selling. For 2026, analysts expect Argosy Property to generate revenue of 122.37 M NZD and earnings per share of 0.07 NZD.

Converted at the current exchange rate, the Argosy Property share trades at 0.50 EUR (0.99 NZD).

Argosy Property Ltd is a successful New Zealand company based in Auckland that has been operating in the real estate sector since 1994. The company's business model includes three main divisions, namely investment, development, and management of commercial properties. The investment division involves the acquisition and management of commercial properties in New Zealand. These include office buildings, retail spaces, and industrial areas. The company has an extensive portfolio of properties, which it either manages itself or generates income through leasing. The focus is on high-quality properties in prime locations that have potential for value appreciation. The development division focuses on planning and developing real estate projects. The company specializes in creating modern office and commercial buildings that meet the needs of discerning tenants. It places particular emphasis on high-quality furnishings, energy efficiency, and sustainability. The management division encompasses leasing and management of commercial properties. The company specializes in ensuring optimal leasing and management of properties and offers tailored solutions to its clients. This includes tenant support, control and planning of maintenance work, and compliance with legal requirements. Argosy Property Ltd offers a variety of products to meet the diverse needs of its customers. In addition to leasing office, retail, and industrial properties, the company also provides services such as project management, technical and facility management, and consulting. A key success factor in Argosy Property Ltd's business model is the continuous optimization of its portfolio. The company works closely with its customers to understand their needs and develop suitable solutions. At the same time, the company pursues a strategic direction to tap into growth potential and maximize profitability. In summary, Argosy Property Ltd's business model is focused on sustainable growth. With a wide range of products and services, as well as a proven track record in the real estate sector, the company is able to serve its customers optimally. The three main divisions, investment, development, and management, form the solid foundation of the company and enable it to tap into growth potential and achieve long-term success.

The expected revenue of Argosy Property is 122.37 M NZD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Argosy Property is 60.82 M NZD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Argosy Property is currently 13.81. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Argosy Property stock.

The price-to-sales ratio (P/S) of Argosy Property is currently 6.86. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Argosy Property stock.

The Eulerpool Quality Score for Argosy Property is 3/10.

The ISIN of Argosy Property is NZARGE0010S7. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Argosy Property is A1JUYX. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Argosy Property is ARG.NZ. The ticker symbol is used to trade Argosy Property shares on the stock exchange.

Fair ValueTerminal
0.84 NZD
Over-/UndervaluationTerminal
Fairly valued
Industry
Equity REITs
Number of shares
Employees
Revenue per Employee
4.72 M NZD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website argosy.co.nz
Country
New Zealand
Currency
NZD
Initial public offering
Dec 4, 2002
ISIN
NZARGE0010S7
Cusip
Q0525Z126
Sedol
B6ZFBN1
Market capitalization
840.01 M NZDSmall Cap
52-Week Range
PEG
4.43
P/E ratio
P/Ee 2026
13.81
P/Ee 2027
14.52
P/Ee 2028
14.53
P/Ee 2029
15.01
P/Ee 2030
12.66
P/S
P/Se
6.86
EV/EBIT
15.50
P/B Ratio
0.64
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
5.98 %
Dividend
Dividend yield
9.15 %
Est. Dividend Yield
7.83 %
Payout Ratio
54.31 %
Dividend growth Ø5Y
0.69 %
Dividend payments per year
5
Dividend paid since
23 years
Dividend not reduced since
6 years
Dividend increased since
2 years
Dividend withholding tax
30.00 %
Last updated Oct 8, 2026, 4:06 PM

Argosy Property Peer Group

Argosy Property Ticker

NZW · ARG.NZNZW · ARG.NZOTC · IGPYF

Argosy Property FIGI

ARG:NZ · BBG000BG9WQ3AZP:GR · BBG000QRZD68AZP:GB · BBG000QRZG70IGPYF:US · BBG000R8TVF6IGPYF:PQ · BBG000R8V187IGPYF:UV · BBG000R8V2P6ARGNZD:XS · BBG00Q5NPXN1ARGNZD:XH · BBG00Q5NPXR7ARGNZD:XF · BBG00Q5NPXT5ARGNZD:XE · BBG00Q5NPXW1ARGNZD:XJ · BBG00Q5NPXX0ARGNZD:XL · BBG00Q5NPXY9