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Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has provided an announcement.
Australian Foundation Investment Company has released an updated estimate of its net tangible asset backing per share as at 24 April 2026, reporting a pre-tax NTA of $7.79. The company’s shares closed on the ASX at $6.62 on the same date, indicating that the stock is trading at a discount to its indicative asset backing.
The pre-tax NTA figure is unaudited and indicative, calculated using the market value of the company’s investment portfolio before allowing for deferred tax on unrealised gains or losses. This update provides investors with a snapshot of AFIC’s underlying asset value and a reference point for assessing the current market pricing of its shares relative to its portfolio value.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited is a listed investment company on the Australian Securities Exchange, providing investors with diversified exposure to a portfolio of Australian equities. It focuses on long-term investment in quality Australian companies, offering shareholders a vehicle for capital growth and dividend income over time.
YTD Price Performance: -6.01%
Average Trading Volume: 708,858
Technical Sentiment Signal: Hold
Find detailed analytics on AFI stock on TipRanks’ Stock Analysis page.