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Argosy Property (NZSE:ARG) 10-Year ROIIC % : 6.65% (As of Mar. 2024)


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What is Argosy Property 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Argosy Property's 10-Year ROIIC % for the quarter that ended in Mar. 2024 was 6.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Argosy Property's 10-Year ROIIC % or its related term are showing as below:

NZSE:ARG's 10-Year ROIIC % is ranked better than
77.56% of 615 companies
in the REITs industry
Industry Median: 3.42 vs NZSE:ARG: 6.65

Argosy Property 10-Year ROIIC % Historical Data

The historical data trend for Argosy Property's 10-Year ROIIC % 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.

* Premium members only.

Argosy Property 10-Year ROIIC % Chart

Argosy Property Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.98 3.77 8.52 3.31 6.65

Argosy Property Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
10-Year ROIIC % 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 - 3.31 - 6.65 -

Competitive Comparison of Argosy Property's 10-Year ROIIC %

For the REIT - Diversified subindustry, Argosy Property's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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's 10-Year ROIIC % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Argosy Property's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Argosy Property's 10-Year ROIIC % falls into.



Argosy Property 10-Year ROIIC % Calculation

Argosy Property's 10-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 103.938816 (Mar. 2024) - 50.0386292 (Mar. 2014) )/( 2052.711 (Mar. 2024) - 1242.123 (Mar. 2014) )
=53.9001868/810.588
=6.65%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Argosy Property  (NZSE:ARG) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Argosy Property 10-Year ROIIC % Related Terms

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Argosy Property Business Description

Traded in Other Exchanges
N/A
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 centred 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.

Argosy Property Headlines

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