tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

AFIC Reports Estimated NTA Backing Per Share

Story Highlights
AFIC Reports 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.

An update from Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) is now available.

Australian Foundation Investment Company Limited (AFIC) has announced its estimated net tangible asset (NTA) backing per share as of August 1, 2025, at $8.41, compared to the ASX closing share price of $7.63 on the same date. This unaudited and indicative figure reflects the market value of investments before tax provisions, offering stakeholders insight into the company’s financial health and potential investment value.

More about Australian Foundation Investment Co. Ltd.

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

YTD Price Performance: 4.64%

Average Trading Volume: 525,159

Technical Sentiment Signal: Buy

Learn more about AFI stock on 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