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Argosy PropertyIGPYF 69 ROA % is 5.81% as of Mar. 2026, which is 12% below its 10-year median of 6.58. 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 926 REITs companies, Argosy Property ranks better than 71.81% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Argosy Property's annualizedNet Income for the quarter that ended in Mar. 2026 was $77.99 Mil.
Argosy Property's average Total Assets over the quarter that ended in Mar. 2026 was $1,341.64 Mil. Therefore, Argosy Property's annualized ROA % for the quarter that ended in Mar. 2026 was 5.81%.
The historical rank and industry rank for Argosy Property's ROA % or its related term are showing as below:
IGPYF'
s ROA % Range Over the Past 10 Years
Min: -3.59 Med: 6.58 Max: 11.83
Current: 5.69
During the past 13 years, Argosy Property's highest ROA % was 11.83%. The lowest was -3.59%. And the median was 6.58%.
IGPYF's ROA % is ranked better than 71.81% of 926
companies
in the REITs industry
Industry Median: 3.235
vs IGPYF: 5.69
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Argosy Property ROA % Related Terms
Argosy Property ROA % Historical Data
* Premium members only.
The historical data trend for Argosy Property's ROA % 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 ROA %, along with its competitors' market caps and ROA % 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 ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Argosy Property's ROA % distribution charts can be found below:
* The bar in red indicates where Argosy Property's ROA % 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Argosy Property (IGPYF) has a ROA % of 5.81% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Argosy Property and its competitors. This is 12% below median its historical median of 6.58. According to the industry distribution chart, Argosy Property ranks #261 out of 926 companies in the REITs industry, placing it in the top 28.2%.
Is Argosy Property's ROA % too high?
Argosy Property's current ROA % of 5.81% is 12% below median its 10-year median of 6.58. The REITs industry median ROA % is 3.24. Argosy Property's value of 5.81% is 79.6% above this industry median. Based on the distribution chart, Argosy Property ranks #261 out of 926 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 ROA % compare to VICI and WPC?
According to the REITs industry distribution chart, Argosy Property ranks #261 out of 926 companies for ROA %. This puts Argosy Property in the upper half of its industry. The industry median ROA % is 3.24. Argosy Property's value of 5.81% is 79.6% above this benchmark. While the company's 10-year median is 6.58 vs. the industry median of 3.24, 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 ROA % for a REITs company?
The median ROA % among REITs companies is 3.24, based on 926 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argosy Property's current ROA % of 5.81% is 79.6% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Argosy Property and its competitors. For the REITs industry, the median ROA % is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argosy Property's current ROA % is 5.81%, which is 12% below median its own 10-year median of 6.58. 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 ROA % of 5.81%. 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 ROA % is 5.81%, which is 12% below median its 10-year median of 6.58 and 79.6% above the REITs industry median of 3.24. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Argosy Property (IGPYF), the current ROA % is 5.81% 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:
ROA %: 5.81% (12% below median its 10-year median of 6.58)
GF Value™: $0.75 vs. price of $0.75 (0% below fair value)
Industry Position: 79.6% above the REITs median (#261 of 926)
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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