Argosy Property Limited

NZSE:ARG Stock Report

Market Cap: NZ$977.2m

Argosy Property Past Earnings Performance

Past criteria checks 1/6

Argosy Property's earnings have been declining at an average annual rate of -39.7%, while the REITs industry saw earnings growing at 11.3% annually. Revenues have been growing at an average rate of 5.4% per year. Argosy Property's return on equity is 9.6%, and it has net margins of 80.8%.

Key information

-39.73%

Earnings growth rate

-40.03%

EPS growth rate

REITs Industry Growth12.21%
Revenue growth rate5.39%
Return on equity9.62%
Net Margin80.82%
Last Earnings Update31 Mar 2025

Recent past performance updates

Recent updates

author-image

Conversion To 6-Star Green Standards Will Boost Leasing Activity

Sustainability-focused upgrades yield higher rental rates and improved margins, with strong demand for green buildings enhancing revenue stability and tenant retention.

Argosy Property Limited's (NZSE:ARG) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

Mar 20
Argosy Property Limited's (NZSE:ARG) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

Revenue & Expenses Breakdown

How Argosy Property makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NZSE:ARG Revenue, expenses and earnings (NZD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 25156126110
31 Dec 2415562120
30 Sep 24155-3120
30 Jun 24154-29120
31 Mar 24153-54120
31 Dec 23152-83110
30 Sep 23151-111110
30 Jun 23148-96110
31 Mar 23145-81110
31 Dec 2214019110
30 Sep 22135120110
30 Jun 22133178110
31 Mar 22132236120
31 Dec 21133245120
30 Sep 21135254110
30 Jun 21133248110
31 Mar 21131242110
31 Dec 20128199110
30 Sep 20124157110
30 Jun 20122138110
31 Mar 20121119110
31 Dec 19123131110
30 Sep 19124144110
30 Jun 19125139110
31 Mar 19126134110
31 Dec 18125138110
30 Sep 18123142100
30 Jun 18122120100
31 Mar 1812098100
31 Dec 1711984100
30 Sep 171187190
30 Jun 171228790
31 Mar 1712510490
31 Dec 161269690
30 Sep 161278990
30 Jun 161258490
31 Mar 161227990
31 Dec 151217690
30 Sep 151207380
30 Jun 151186980
31 Mar 151166480
31 Dec 141137980
30 Sep 141099370

Quality Earnings: ARG has a large one-off gain of NZ$72.6M impacting its last 12 months of financial results to 31st March, 2025.

Growing Profit Margin: ARG became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ARG's earnings have declined by 39.7% per year over the past 5 years.

Accelerating Growth: ARG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ARG has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (10.1%).


Return on Equity

High ROE: ARG's Return on Equity (9.6%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/30 21:36
End of Day Share Price 2025/07/30 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Argosy Property Limited is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Owen BatchelorCredit Suisse
Joshua DaleDeutsche Bank
Rohan Koreman-SmitForsyth Barr Group Ltd.