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AFIC Announces Estimated NTA Backing Per Share

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The latest update is out from Australian Foundation Investment Co. Ltd. ( (AU:AFI) ).

Australian Foundation Investment Company Limited has announced its estimated net tangible asset (NTA) backing per share as of April 4, 2025, at $7.53, compared to its share price of $7.08 on the same date. This unaudited and indicative figure is calculated based on market value investments and excludes current or deferred tax provisions, providing stakeholders with a snapshot of the company’s financial standing and market valuation.

More about Australian Foundation Investment Co. Ltd.

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

Technical Sentiment Signal: Strong Buy

Learn more about AFI stock on TipRanks’ Stock Analysis page.

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