Irongate Group [ASX:IAP] share price and news 2022

Company Description

Irongate Group (IAP, formerly Investec Australia Property Fund) is an Australian domiciled real estate investment trust that is registered in Australia under the Corporations Act 2001 as a managed investment scheme and regulated by the Australia Securities and Investments Commission. As the responsible entity of the Fund, Investec Property Limited has the primary responsibility for the governance and operation of the Fund.

Irongate Group belongs to Real Estate sector and under industry of Diversified REITs. You can get more information about this company via their website: http://www.irongategroup.com.au.

This a small cap company with market cap of 788 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0.41 13.9 0.98 0.64
Market 0.85 22.3 1.99 0.84
Sector 0.68 19 1.01 1.08

Dividend Growth Chart

The following chart shows you how iap dividend grows in the recent years.Irongate Group has dividend yield of 6.84%