IRONGATE GROUP (IAP)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

IAP - IRONGATE GROUP

FNArena Sector : REITs
Year End: March
GICS Industry Group : Real Estate
Index: ASX300 | ALL-ORDS

Irongate Group is a real estate investment trust with a portfolio of industrial, retail and office properties in Australia and New Zealand. The REIT was listed in 2019 as the Investec Australia Property Fund.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.51

15 Sep
2021

-0.020

OPEN

$1.53

-1.31%

HIGH

$1.53

381,809

LOW

$1.51

TARGET
$1.58 4.6% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
URW . CQE . ABP . BWP . CDP . CHC . COF . CQR . DXS . FDC . GJT . GMF . ADI . IOF . LEP . NSR . SCG . TIX . TOF . SCP . GDF . PLG . VCX . WPR . CLW . GDI . AQR . WOT . AOF . ARF . AVN . RFF . ECF . TGP . ERF . HDN . CDP . CIP .
FNARENA'S MARKET CONSENSUS FORECASTS
IAP: 1
Title FY20
Actual		 FY21
Actual		 FY22
Forecast		 FY23
Forecast
EPS (cps) xxx 18.1 9.7 xxx
DPS (cps) xxx 8.9 9.1 xxx
EPS Growth xxx 75.6% - 46.7% xxx
DPS Growth xxx 18.9% 1.5% xxx
PE Ratio xxx N/A 15.6 xxx
Dividend Yield xxx N/A 6.0% xxx
Div Pay Ratio(%) xxx 49.2% 93.8% xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.91

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 27/05 - 4.53c (0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2021 FactSet UK Limited. All rights reserved
Title
EPS Basic
DPS All
Sales/Revenue
Book Value Per Share
Net Operating Cash Flow
Net Profit Margin

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title
Return on Assets
Return on Equity
Return on Total Capital
Capex
Capex % of Sales
Free Cash Flow ex dividends

Return on Assets

Return on Equity

Return on Total Capital

Capex

Capex % of Sales

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxx xxxxxxxx xxxx xxxxxxx

$xx.xx

(xx/xx/xxxx)

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

16/06/2021

2

Accumulate

$1.65

9.27%

Irongate Group will acquire a $74m office asset in Canberra, partly funded by a $50m capital raising.

Ord Minnett assesses the acquisition is neutral to earnings but there is potential upside if Irongate can lease the 43% of the asset currently standing vacant within a 24-month guarantee period.

Accumulate retained. Target rises to $1.65 from $1.60.

FORECAST
Ord Minnett forecasts a full year FY22 dividend of 9.00 cents and EPS of 10.00 cents.
Ord Minnett forecasts a full year FY23 dividend of 10.00 cents and EPS of 10.00 cents.
Access Stockbroker Research History >

IAP STOCK CHART

FNArena News on IAP

1
Rudi’s View: August Results; Anticipation & Trepidation

Jul 29 2021 - Rudi's View
2
May In Review: Banks Rise, Technology Falls

Jun 04 2021 - Australia
3
Weekly Ratings, Targets, Forecast Changes – 14-05-21

May 17 2021 - Weekly Reports
4
FNArena Corporate Results Monitor – 10-05-2021

May 10 2021 - Australia
5
Weekly Ratings, Targets, Forecast Changes – 07-05-21

May 10 2021 - Weekly Reports

Latest REITs News

1
Australian Listed Real Estate Tables – 13-09-2021

Sep 13 2021 - Weekly Reports
2
Where Is The Growth In A-REITs?

Sep 07 2021 - Australia
3
Australian Listed Real Estate Tables – 06-09-2021

Sep 06 2021 - Weekly Reports
4
Australian Listed Real Estate Tables – 30-08-2021

Aug 30 2021 - Weekly Reports
5
Firm Foundations Underpin Charter Hall

Aug 24 2021 - Australia
6
Australian Listed Real Estate Tables – 23-08-2021

Aug 23 2021 - Weekly Reports
7
Australian Listed Real Estate Tables – 16-08-2021

Aug 16 2021 - Weekly Reports
8
Australian Listed Real Estate Tables – 09-08-2021

Aug 09 2021 - Weekly Reports
9
Acquisitions The Way Forward For BWP Trust

Aug 06 2021 - Australia
10
Strong Dividend Yield Fortifies Centuria Office

Aug 04 2021 - Small Caps