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.
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.
Argosy PropertyNZSE:ARG +0.98%70 5-Year Yield-on-Cost % is 6.79 as of Aug. 25, 2026, which is 15% above its 10-year median of 5.93. GuruFocus rates NZSE:ARG with a GF Score™ of 70/100 and a GF Value™ of NZ$1.04 (Fairly Valued). The stock has 9 warning signs investors should review. Among 857 REITs companies, Argosy Property ranks worse than 55.66% on this metric.
Argosy Property's yield on cost for the quarter that ended in Mar. 2026 was 6.79.
The historical rank and industry rank for Argosy Property's 5-Year Yield-on-Cost % or its related term are showing as below:
NZSE:ARG'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.98 Med: 5.93 Max: 8.28
Current: 6.79
During the past 13 years, Argosy Property's highest Yield on Cost was 8.28. The lowest was 3.98. And the median was 5.93.
NZSE:ARG's 5-Year Yield-on-Cost % is ranked worse than 55.66% of 857
companies
in the REITs industry
Industry Median: 7.45
vs NZSE:ARG: 6.79
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Argosy Property 5-Year Yield-on-Cost % Related Terms
NZSE:ARG vs VICI, WPC, BNL: 5-Year Yield-on-Cost % Comparison
For the REIT - Diversified subindustry, Argosy Property's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs REITs Industry
For the REITs industry and Real Estate sector, Argosy Property's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Argosy Property's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Argosy Property is calculated as
Argosy Property (NZSE:ARG) has a 5-Year Yield-on-Cost % of 6.79 as of Aug. 25, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Argosy Property and its competitors. This is 15% above median its historical median of 5.93. Over the past decade, Argosy Property's 5-Year Yield-on-Cost % has ranged from 3.98 to 8.28. According to the industry distribution chart, Argosy Property ranks #477 out of 857 companies in the REITs industry, placing it in the top 55.7%.
Is Argosy Property's 5-Year Yield-on-Cost % too high?
Argosy Property's current 5-Year Yield-on-Cost % of 6.79 is 15% above median its 10-year median of 5.93. Over the past 10 years, this metric has ranged from a low of 3.98 to a high of 8.28. The REITs industry median 5-Year Yield-on-Cost % is 7.45. Argosy Property's value of 6.79 is 8.9% below this industry median. Based on the distribution chart, Argosy Property ranks #477 out of 857 companies in the REITs industry, which is below the industry midpoint. Overall, Argosy Property has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Argosy Property's 5-Year Yield-on-Cost % compare to VICI and WPC?
According to the REITs industry distribution chart, Argosy Property ranks #477 out of 857 companies for 5-Year Yield-on-Cost %. This places Argosy Property in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 7.45. Argosy Property's value of 6.79 is 8.9% below this benchmark. Historically, Argosy Property's own 5-Year Yield-on-Cost % has ranged from 3.98 to 8.28 over the past decade. While the company's 10-year median is 5.93 vs. the industry median of 7.45, Argosy Property has consistently been below 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 5-Year Yield-on-Cost % for a REITs company?
The median 5-Year Yield-on-Cost % among REITs companies is 7.45, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argosy Property's current 5-Year Yield-on-Cost % of 6.79 is 8.9% below 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Argosy Property and its competitors. For the REITs industry, the median 5-Year Yield-on-Cost % is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argosy Property's current 5-Year Yield-on-Cost % is 6.79, which is 15% above median its own 10-year median of 5.93. 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?
Based on GuruFocus' analysis, Argosy Property (NZSE:ARG) is currently considered Fairly Valued. The stock's GF Value™ is NZ$1.04, compared to a current price of NZ$1.03 — trading 1% below its estimated fair value. The current 5-Year Yield-on-Cost % is 6.79, which is 15% above median its 10-year median of 5.93 and 8.9% below the REITs industry median of 7.45. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Argosy Property (NZSE:ARG), the current 5-Year Yield-on-Cost % is 6.79 as of Aug. 25, 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 (NZSE:ARG) Overvalued in 2026?
Based on GuruFocus' analysis, Argosy Property stock appears to be undervalued.
The current stock price of NZ$1.03 is trading 1% below its estimated GF Value™ of NZ$1.04.
GuruFocus considers Argosy Property to be Fairly Valued.
Key valuation signals for NZSE:ARG:
5-Year Yield-on-Cost %: 6.79 (15% above median its 10-year median of 5.93)
GF Value™: NZ$1.04 vs. price of NZ$1.03 (1% below fair value)
Industry Position: 8.9% below the REITs median (#477 of 857)
No single metric tells the full story. See the NZSE:ARG 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.
70GF Score
Get the complete analysis for NZSE:ARG
5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NZSE:ARG has been successfully added to your 
