tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

AFIC Announces Estimated NTA Backing Per Share

Story Highlights
AFIC Announces Estimated NTA Backing Per Share

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Australian Foundation Investment Company Limited has announced its estimated net tangible asset (NTA) backing per share as of June 27, 2025, at $8.30, compared to its share price of $7.35 on the same date. This announcement provides stakeholders with an insight into the company’s asset valuation, indicating a potential undervaluation in the market, which could impact investor perceptions and market positioning.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited (AFIC) operates in the investment industry, focusing on providing shareholders with investment opportunities across a diversified portfolio of Australian equities. The company aims to deliver capital growth and consistent income through its investment strategies.

YTD Price Performance: 0.80%

Average Trading Volume: 523,143

Technical Sentiment Signal: Strong Buy

For detailed information about AFI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1