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AFIC Reports Estimated Pre-Tax NTA Backing Per Share

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AFIC Reports Estimated Pre-Tax NTA Backing Per Share

Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has provided an announcement.

Australian Foundation Investment Company Limited has announced an estimated pre-tax net tangible asset (NTA) backing per share of $7.84 as of March 7, 2025, compared to its ASX closing share price of $7.20 on the same date. This indicative figure, which is unaudited and calculated based on market value investments, reflects the company’s financial health and may influence investor perceptions and market positioning.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited (AFIC) is a prominent investment company in Australia, focusing on long-term investments in Australian equities. It aims to provide shareholders with attractive investment returns through capital growth and dividends.

Technical Sentiment Consensus Rating: Buy

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

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