Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Argo Global Listed Infrastructure

DB:495
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
495
DB
A$260M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Argo Global Listed Infrastructure Limited is a closed ended balanced mutual fund launched and managed by Argo Service Company Pty Ltd. The last earnings update was 47 days ago. More info.


Add to Portfolio Compare Print
  • Argo Global Listed Infrastructure is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Argo Global Listed Infrastructure has significant price volatility in the past 3 months.
495 Share Price and Events
7 Day Returns
5.2%
DB:495
-3.5%
DE Capital Markets
-3%
DE Market
1 Year Returns
-
DB:495
-11.3%
DE Capital Markets
-20.6%
DE Market
495 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Argo Global Listed Infrastructure (495) 5.2% -24.4% - - - -
DE Capital Markets -3.5% -21.2% -17.8% -11.3% -27.2% -56.6%
DE Market -3% -19.1% -26.2% -20.6% -25.6% -30.7%
1 Year Return vs Industry and Market
  • No trading data on 495.
  • No trading data on 495.
Price Volatility
495
Industry
5yr Volatility vs Market

Value

 Is Argo Global Listed Infrastructure undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Argo Global Listed Infrastructure to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Argo Global Listed Infrastructure.

DB:495 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= A$2.13 * 5.6%
A$0.12
Book Value of Equity per Share Median Book Value from the past 5 years. A$2.13
Discount Rate (Cost of Equity) See below 4.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:495
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.745 (1 + (1- 30%) (0%))
0.829
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.829 * 5.44%)
4.12%

Discounted Cash Flow Calculation for DB:495 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Argo Global Listed Infrastructure is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:495 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (5.6% – 4.12%) * A$2.13)
A$0.03
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= A$0.03 / (4.12% - -0.39%)
A$0.71
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= A$2.13 + A$0.71
A$2.84
DB:495 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:495 represents 0.54645x of ASX:ALI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.54645x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 2.84 x 0.54645
€1.55
Value per share (EUR) From above. €1.55
Current discount Discount to share price of €1.00
= -1 x (€1.00 - €1.55) / €1.55
35.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Argo Global Listed Infrastructure is available for.
Intrinsic value
36%
Share price is €1 vs Future cash flow value of €1.55
Current Discount Checks
For Argo Global Listed Infrastructure to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Argo Global Listed Infrastructure's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Argo Global Listed Infrastructure's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Argo Global Listed Infrastructure's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Argo Global Listed Infrastructure's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:495 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$0.39
ASX:ALI Share Price ** ASX (2020-04-03) in AUD A$1.83
Germany Capital Markets Industry PE Ratio Median Figure of 17 Publicly-Listed Capital Markets Companies 22.18x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Argo Global Listed Infrastructure.

DB:495 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:ALI Share Price ÷ EPS (both in AUD)

= 1.83 ÷ 0.39

4.72x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Argo Global Listed Infrastructure is good value based on earnings compared to the DE Capital Markets industry average.
  • Argo Global Listed Infrastructure is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Argo Global Listed Infrastructure's expected growth come at a high price?
Raw Data
DB:495 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Capital Markets Industry PEG Ratio Median Figure of 7 Publicly-Listed Capital Markets Companies 1.53x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Argo Global Listed Infrastructure, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Argo Global Listed Infrastructure's assets?
Raw Data
DB:495 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$2.46
ASX:ALI Share Price * ASX (2020-04-03) in AUD A$1.83
Germany Capital Markets Industry PB Ratio Median Figure of 32 Publicly-Listed Capital Markets Companies 1.66x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:495 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:ALI Share Price ÷ Book Value per Share (both in AUD)

= 1.83 ÷ 2.46

0.74x

* Primary Listing of Argo Global Listed Infrastructure.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Argo Global Listed Infrastructure is good value based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess Argo Global Listed Infrastructure's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Argo Global Listed Infrastructure has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Argo Global Listed Infrastructure expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Argo Global Listed Infrastructure has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
37.7%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Argo Global Listed Infrastructure expected to grow at an attractive rate?
  • Unable to compare Argo Global Listed Infrastructure's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Argo Global Listed Infrastructure's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Argo Global Listed Infrastructure's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:495 Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 37.7%
Germany Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 0.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.2%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:495 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:495 Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 85 7 55
2019-09-30 77 7 50
2019-06-30 70 7 45
2019-03-31 48 9 30
2018-12-31 25 11 15
2018-09-30 27 10 16
2018-06-30 28 9 16
2018-03-31 30 6 18
2017-12-31 31 4 19
2017-09-30 23 6 14
2017-06-30 15 8 8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Argo Global Listed Infrastructure is high growth as no earnings estimate data is available.
  • Unable to determine if Argo Global Listed Infrastructure is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:495 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Argo Global Listed Infrastructure Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:495 Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 0.39
2019-09-30 0.35
2019-06-30 0.32
2019-03-31 0.21
2018-12-31 0.10
2018-09-30 0.11
2018-06-30 0.11
2018-03-31 0.12
2017-12-31 0.13
2017-09-30 0.09
2017-06-30 0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Argo Global Listed Infrastructure will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Argo Global Listed Infrastructure's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Argo Global Listed Infrastructure has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Argo Global Listed Infrastructure performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Argo Global Listed Infrastructure's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Argo Global Listed Infrastructure has delivered over 20% year on year earnings growth in the past 5 years.
  • Argo Global Listed Infrastructure's 1-year earnings growth exceeds its 5-year average (272.5% vs 53.9%)
  • Argo Global Listed Infrastructure's earnings growth has exceeded the DE Capital Markets industry average in the past year (272.5% vs 5.7%).
Earnings and Revenue History
Argo Global Listed Infrastructure's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Argo Global Listed Infrastructure Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:495 Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 84.79 54.98 4.30
2019-09-30 77.38 49.94 4.18
2019-06-30 69.97 44.91 4.07
2019-03-31 47.58 29.84 3.96
2018-12-31 25.19 14.76 3.84
2018-09-30 26.51 15.50 3.79
2018-06-30 27.83 16.24 3.73
2018-03-31 29.58 17.73 3.70
2017-12-31 31.33 19.23 3.68
2017-09-30 23.39 13.51 3.63
2017-06-30 15.45 7.79 3.58
2016-12-31 22.58 13.11 2.78
2016-06-30 15.83 7.65 2.85

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Argo Global Listed Infrastructure has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Argo Global Listed Infrastructure used its assets more efficiently than the DE Capital Markets industry average last year based on Return on Assets.
  • Argo Global Listed Infrastructure has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Argo Global Listed Infrastructure's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Argo Global Listed Infrastructure has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Argo Global Listed Infrastructure's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Argo Global Listed Infrastructure's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Argo Global Listed Infrastructure is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Argo Global Listed Infrastructure's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Argo Global Listed Infrastructure's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Argo Global Listed Infrastructure has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Argo Global Listed Infrastructure Company Filings, last reported 3 months ago.

DB:495 Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 349.84 0.00 370.28
2019-09-30 349.84 0.00 370.28
2019-06-30 338.75 0.00 363.71
2019-03-31 338.75 0.00 363.71
2018-12-31 303.10 0.00 309.21
2018-09-30 303.10 0.00 309.21
2018-06-30 301.56 0.00 308.35
2018-03-31 301.56 0.00 308.35
2017-12-31 297.32 0.00 303.73
2017-09-30 297.32 0.00 303.73
2017-06-30 293.69 0.00 293.00
2016-12-31 282.41 0.00 280.95
2016-06-30 290.00 0.00 290.31
  • Argo Global Listed Infrastructure has no debt.
  • Argo Global Listed Infrastructure has not taken on any debt in the past 5 years.
  • Argo Global Listed Infrastructure has no debt, it does not need to be covered by operating cash flow.
  • Argo Global Listed Infrastructure has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Argo Global Listed Infrastructure's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Argo Global Listed Infrastructure has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Argo Global Listed Infrastructure's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.37%
Current annual income from Argo Global Listed Infrastructure dividends.
If you bought €2,000 of Argo Global Listed Infrastructure shares you are expected to receive €87 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Argo Global Listed Infrastructure's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.69%).
  • Argo Global Listed Infrastructure's dividend is below the markets top 25% of dividend payers in Germany (4.85%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:495 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 3.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 318 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:495 Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-08-26 0.080 3.447
2018-09-04 0.038 1.840
2018-08-27 0.038 1.954
2017-09-08 0.035 1.961
2017-08-28 0.035 1.966
2016-09-20 0.030 1.727
2016-08-22 0.030 1.633
2016-02-15 0.010 0.547

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Argo Global Listed Infrastructure has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Argo Global Listed Infrastructure only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Argo Global Listed Infrastructure's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (5.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Argo Global Listed Infrastructure's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Argo Global Listed Infrastructure afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Argo Global Listed Infrastructure has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Argo Global Listed Infrastructure's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Argo Global Listed Infrastructure has no CEO, or we have no data on them.
Management Team

Bob Becker

TITLE
Portfolio Manager
AGE
49

Ben Morton

TITLE
Portfolio Manager
AGE
45

Grace Ding

TITLE
Portfolio Manager

Tyler Rosenlicht

TITLE
Portfolio Manager
Board of Directors

Joycelyn Morton

TITLE
Non Independent Non-Executive Director
AGE
60

Jason Beddow

TITLE
Managing Director
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Argo Global Listed Infrastructure individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
09. Mar 20 Buy Russell Higgins Individual 09. Mar 20 09. Mar 20 22,027 €1.31 €28,947
03. Sep 19 Buy Russell Higgins Individual 03. Sep 19 03. Sep 19 21,300 €1.45 €30,828
X
Management checks
We assess Argo Global Listed Infrastructure's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Argo Global Listed Infrastructure has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Argo Global Listed Infrastructure Limited is a closed ended balanced mutual fund launched and managed by Argo Service Company Pty Ltd. The fund is co-managed by Cohen & Steers Capital Management, Inc. It invests in public equity and fixed income markets across the globe. The fund invests in the infrastructure sector. Argo Global Listed Infrastructure Limited was launched on May 20, 2015 and is domiciled in Australia.

Details
Name: Argo Global Listed Infrastructure Limited
495
Exchange: DB
Founded: 2015
A$144,692,296
141,951,785
Website: http://www.argoinfrastructure.com.au
Address: Argo Global Listed Infrastructure Limited
Adelaide,
South Australia, 5000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX ALI Ordinary Shares Australian Securities Exchange AU AUD 03. Jul 2015
DB 495 Ordinary Shares Deutsche Boerse AG DE EUR 03. Jul 2015
CHIA ALI Ordinary Shares Chi-X Australia AU AUD 03. Jul 2015
ASX ALINA NVP DFD 24/03/20(EX-RIGHTS) Australian Securities Exchange AU AUD 03. Apr 2020
Number of employees
Current staff
Staff numbers
0
Argo Global Listed Infrastructure employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 23:03
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/02/16
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.