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Argosy Property (NZSE:ARG) 3-Year RORE % : 76.32% (As of Sep. 2024)


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What is Argosy Property 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Argosy Property's 3-Year RORE % for the quarter that ended in Sep. 2024 was 76.32%.

The industry rank for Argosy Property's 3-Year RORE % or its related term are showing as below:

NZSE:ARG's 3-Year RORE % is ranked better than
77.16% of 845 companies
in the REITs industry
Industry Median: 2.88 vs NZSE:ARG: 76.32

Argosy Property 3-Year RORE % Historical Data

The historical data trend for Argosy Property's 3-Year RORE % 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 3-Year RORE % Chart

Argosy Property Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.78 32.00 26.20 -138.49 442.31

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
3-Year RORE % 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 -10.73 -138.49 -374.14 442.31 76.32

Competitive Comparison of Argosy Property's 3-Year RORE %

For the REIT - Diversified subindustry, Argosy Property's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Argosy Property's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Argosy Property's 3-Year RORE % falls into.



Argosy Property 3-Year RORE % Calculation

Argosy Property's 3-Year RORE % for the quarter that ended in Sep. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( -0.003-0.142 )/( 0.008-0.198 )
=-0.145/-0.19
=76.32 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 3-year before.


Argosy Property  (NZSE:ARG) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Argosy Property 3-Year RORE % 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.

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