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AFIC Announces Estimated NTA Backing per Share

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AFIC Announces Estimated NTA Backing per Share

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Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) just unveiled an announcement.

Australian Foundation Investment Company Limited (AFIC) has released its estimated net tangible asset (NTA) backing per share as of January 31, 2025, which stands at $8.55 before tax. This figure is indicative and unaudited, calculated based on the market value of investments and excludes provisions for current or deferred tax or the 12 cents interim dividend. The AFI share price at the close of January 31, 2025, was $7.59. This information provides investors with insight into the company’s financial health and market positioning as it reflects the potential value of the company’s assets relative to its share price.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited (AFIC) operates within the investment industry, focusing on managing a diversified portfolio of Australian equities. The company aims to provide shareholders with attractive returns through capital growth and consistent income.

YTD Price Performance: 0.0%

Technical Sentiment Consensus Rating: Buy

Find detailed analytics on AFI stock on TipRanks’ Stock Analysis page.

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