IGPYF (Argosy Property) Equity-to-Asset: 0.60 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IGPYF Argosy Property Ltd IGPYF
70 GF Score
Price $0.75
GF Value $0.76
! 9 Warning Signs
View Full Analysis

What is Argosy Property Equity-to-Asset?

Argosy Property IGPYF 70 Equity-to-Asset is 0.60 as of Mar. 2026, which is at its 10-year median of 0.60. GuruFocus rates IGPYF with a GF Score™ of 70/100 and a GF Value™ of $0.76. The stock has 9 warning signs investors should review. Among 918 REITs companies, Argosy Property ranks better than 53.49% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Argosy Property's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $817.30 Mil. Argosy Property's Total Assets for the quarter that ended in Mar. 2026 was $1,370.48 Mil. Therefore, Argosy Property's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.60.

The historical rank and industry rank for Argosy Property's Equity-to-Asset or its related term are showing as below:

IGPYF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.6   Max: 0.64
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Argosy Property was 0.64. The lowest was 0.56. And the median was 0.60.

IGPYF's Equity-to-Asset is ranked better than
53.49% of 918 companies
in the REITs industry
Industry Median: 0.58 vs IGPYF: 0.60

Argosy Property  (OTCPK:IGPYF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Argosy Property Equity-to-Asset Related Terms


Argosy Property Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Argosy Property's Equity-to-Asset 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 Equity-to-Asset Chart

Argosy Property Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.60 0.59 0.61 0.60

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
Equity-to-Asset 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 0.59 0.59 0.61 0.61 0.60

IGPYF vs VICI, WPC, BNL: Equity-to-Asset Comparison

For the REIT - Diversified subindustry, Argosy Property's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs REITs Industry

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

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


IGPYF
70GF Score
Argosy Property Ltd IGPYF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Argosy Property Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Argosy Property's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=817.301/1370.48
=0.60

Argosy Property's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=817.301/1370.48
=0.60

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.60 mean?
Argosy Property (IGPYF) has a Equity-to-Asset of 0.60 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Argosy Property and its competitors. This is near median its historical median of 0.60. Over the past decade, Argosy Property's Equity-to-Asset has ranged from 0.56 to 0.64. According to the industry distribution chart, Argosy Property ranks #427 out of 918 companies in the REITs industry, placing it in the top 46.5%.
Is Argosy Property's Equity-to-Asset too high?
Argosy Property's current Equity-to-Asset of 0.60 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 0.64. The REITs industry median Equity-to-Asset is 0.58. Argosy Property's value of 0.60 is 3.4% above this industry median. Based on the distribution chart, Argosy Property ranks #427 out of 918 companies in the REITs industry, which is above the industry midpoint. Overall, Argosy Property has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Argosy Property's Equity-to-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Argosy Property ranks #427 out of 918 companies for Equity-to-Asset. This puts Argosy Property in the upper half of its industry. The industry median Equity-to-Asset is 0.58. Argosy Property's value of 0.60 is 3.4% above this benchmark. Historically, Argosy Property's own Equity-to-Asset has ranged from 0.56 to 0.64 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.58, Argosy Property has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a REITs company?
The median Equity-to-Asset among REITs companies is 0.58, based on 918 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argosy Property's current Equity-to-Asset of 0.60 is 3.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Argosy Property and its competitors. For the REITs industry, the median Equity-to-Asset is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argosy Property's current Equity-to-Asset is 0.60, which is near median its own 10-year median of 0.60. 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 Equity-to-Asset of 0.60. The stock's GF Value™ is $0.76, compared to a current price of $0.75 — trading 1.3% below its estimated fair value. The current Equity-to-Asset is 0.60, which is near median its 10-year median of 0.60 and 3.4% above the REITs industry median of 0.58. Argosy Property's overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Argosy Property (IGPYF), the current Equity-to-Asset is 0.60 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 1.3% below its estimated GF Value™ of $0.76.

Key valuation signals for IGPYF:

  • Equity-to-Asset: 0.60 (near median its 10-year median of 0.60)
  • GF Value™: $0.76 vs. price of $0.75 (1.3% below fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 3.4% above the REITs median (#427 of 918)

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.
70GF Score

Get the complete analysis for IGPYF

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

$0.75
Price
$0.76
GF Value