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Argosy PropertyIGPYF 69 Net Margin % is 83.85% as of Mar. 2026, which is 1% above its 10-year median of 82.80. GuruFocus rates IGPYF with a GF Score™ of 69/100 and a GF Value™ of $0.75. The stock has 9 warning signs investors should review. Among 916 REITs companies, Argosy Property ranks better than 71.83% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Argosy Property's Net Income for the
six
months ended in Mar. 2026 was $39.00 Mil. Argosy Property's Revenue for the
six
months ended in Mar. 2026 was $46.51 Mil. Therefore, Argosy Property's net margin for the quarter that ended in Mar. 2026 was 83.85%.
The historical rank and industry rank for Argosy Property's Net Margin % or its related term are showing as below:
IGPYF'
s Net Margin % Range Over the Past 10 Years
Min: -55.93 Med: 82.8 Max: 183.89
Current: 79.93
IGPYF's Net Margin % is ranked better than 71.83% of 916
companies
in the REITs industry
Industry Median: 45.535
vs IGPYF: 79.93
Argosy Property (OTCPK:IGPYF) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Argosy Property Net Margin % Related Terms
Argosy Property Net Margin % Historical Data
* Premium members only.
The historical data trend for Argosy Property's Net Margin % 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.
For the REIT - Diversified subindustry, Argosy Property's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Argosy Property's Net Margin % distribution charts can be found below:
* The bar in red indicates where Argosy Property's Net Margin % falls into.
* 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 (IGPYF) has a Net Margin % of 83.85% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Argosy Property and its competitors. This is near median its historical median of 82.80. According to the industry distribution chart, Argosy Property ranks #258 out of 916 companies in the REITs industry, placing it in the top 28.2%.
Is Argosy Property's Net Margin % too high?
Argosy Property's current Net Margin % of 83.85% is near median its 10-year median of 82.80. The REITs industry median Net Margin % is 45.54. Argosy Property's value of 83.85% is 84.1% above this industry median. Based on the distribution chart, Argosy Property ranks #258 out of 916 companies in the REITs industry, which is above the industry midpoint. Overall, Argosy Property has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Argosy Property's Net Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Argosy Property ranks #258 out of 916 companies for Net Margin %. This puts Argosy Property in the upper half of its industry. The industry median Net Margin % is 45.54. Argosy Property's value of 83.85% is 84.1% above this benchmark. While the company's 10-year median is 82.80 vs. the industry median of 45.54, 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.54, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argosy Property's current Net Margin % of 83.85% is 84.1% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Argosy Property and its competitors. For the REITs industry, the median Net Margin % is 45.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argosy Property's current Net Margin % is 83.85%, which is near median its own 10-year median of 82.80. 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 Net Margin % of 83.85%. The stock's GF Value™ is $0.75, compared to a current price of $0.75 — trading right at its estimated fair value. The current Net Margin % is 83.85%, which is near median its 10-year median of 82.80 and 84.1% above the REITs industry median of 45.54. Argosy Property's overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Argosy Property (IGPYF), the current Net Margin % is 83.85% 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 0% below its estimated GF Value™ of $0.75.
Key valuation signals for IGPYF:
Net Margin %: 83.85% (near median its 10-year median of 82.80)
GF Value™: $0.75 vs. price of $0.75 (0% below fair value)
Industry Position: 84.1% above the REITs median (#258 of 916)
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 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.
69GF Score
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