IGPYF (Argosy Property) EBIT: $106.12 Mil (TTM As of Mar. 2026)


IGPYF Argosy Property Ltd IGPYF
68 GF Score
Price $0.75
GF Value $0.77
! 9 Warning Signs
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What is Argosy Property EBIT?

Argosy Property IGPYF 68 EBIT is $106.12 Mil as of Mar. 2026. GuruFocus rates IGPYF with a GF Score™ of 68/100 and a GF Value™ of $0.77. The stock has 9 warning signs investors should review.

Argosy Property's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was $55.42 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $106.12 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Argosy Property's annualized ROC % for the quarter that ended in Mar. 2026 was 3.45%. Argosy Property's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,185.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Argosy Property's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.34%.


Argosy Property  (OTCPK:IGPYF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Argosy Property's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=53.322 * ( 1 - 10.29% )/( (1372.598 + 1400.779)/ 2 )
=47.8351662/1386.6885
=3.45 %

where

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Argosy Property's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=110.838/( ( (0 + max(-10.811, 0)) + (0.164 + max(18.529, 0)) )/ 2 )
=110.838/( ( 0 + 18.693 )/ 2 )
=110.838/9.3465
=1,185.88 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.976 + 0 + 0.871) - (8.705 + 2.108 + 1.845)
=-10.811

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.865 + 0 + 29.958) - (7.779 + 1.348 + 4.167)
=18.529

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Argosy Property's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=106.121/1026.080
=10.34 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Argosy Property EBIT Related Terms


Argosy Property EBIT Historical Data

* Premium members only.

The historical data trend for Argosy Property's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Argosy Property EBIT Chart

Argosy Property Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181.88 -22.68 -5.38 101.80 105.83

Argosy Property Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.56 37.43 67.35 50.70 55.42

IGPYF vs VICI, WPC, BNL: EBIT Comparison

For the REIT - Diversified subindustry, Argosy Property's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Argosy Property EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Argosy Property's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Argosy Property's EV-to-EBIT falls into.


IGPYF
68GF Score
Argosy Property Ltd IGPYF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Argosy Property EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $106.12 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $106.12 Mil mean?
Argosy Property (IGPYF) has a EBIT of $106.12 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Argosy Property.
Is Argosy Property's EBIT too high?
Argosy Property's current EBIT is $106.12 Mil. Overall, Argosy Property has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Argosy Property's EBIT compare to VICI and WPC?
Argosy Property's EBIT of $106.12 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a REITs company?
A good EBIT depends on the REITs industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Argosy Property. Argosy Property's current EBIT is $106.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argosy Property stock overvalued right now?
Argosy Property (IGPYF) has a current EBIT of $106.12 Mil. The stock's GF Value™ is $0.77, compared to a current price of $0.75 — trading 2.6% below its estimated fair value. The current EBIT is $106.12 Mil. Argosy Property's overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Argosy Property (IGPYF), the current EBIT is $106.12 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Argosy Property (IGPYF) Overvalued in 2026?

Based on GuruFocus' analysis, Argosy Property stock appears to be undervalued. The current stock price of $0.75 is trading 2.6% below its estimated GF Value™ of $0.77.

Key valuation signals for IGPYF:

  • EBIT: $106.12 Mil
  • GF Value™: $0.77 vs. price of $0.75 (2.6% below fair value)
  • GF Score™: 68/100 with 9 warning signs

No single metric tells the full story. See the IGPYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Argosy Property Business Description

Industry Real EstateREITs
Other Exchanges ARG:New Zealand
Address Victoria Street West, P.O. Box 90214, 39 Market Place, Auckland, NTL, NZL, 1142
Argosy Property Ltd's business activity is to invest in and actively manage properties, including Industrial, Office, and Large Format Retail properties, predominantly in Auckland and New Zealand. The company's portfolio is centered on the Auckland and Wellington markets and is diversified by industrial, office, and large-format retail property segments. The company's industrial portfolio includes logistics warehouses, distribution centers, and other corporate or owner-operated businesses. Its office portfolio consists of house government departments and both local and international businesses. Its retail portfolio contains retail stores in large format, convenience centers, and entertainment venues.
68GF Score

Get the complete analysis for IGPYF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.75
Price
$0.77
GF Value