Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) just unveiled an update.
Australian Foundation Investment Company Limited (AFIC) announced its estimated net tangible asset (NTA) backing per share as of March 28, 2025, to be $7.67. This figure, which is pre-tax and unaudited, is based on the market value of its investments and does not account for current or deferred tax provisions. The announcement provides stakeholders with an insight into the company’s asset valuation, reflecting its market positioning and potential impact on investor confidence.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited (AFIC) operates in the investment industry, focusing on providing investors with diversified investment opportunities. It primarily deals with managing a portfolio of Australian equities, aiming to deliver capital growth and consistent income to its shareholders.
Technical Sentiment Signal: Buy
See more data about AFI stock on TipRanks’ Stock Analysis page.