AFIC’s NTA Edges Higher as Materials and Energy Drive January Market Gains

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

Australian Foundation Investment Company reported an increase in its cum-dividend net tangible asset (NTA) backing per share at 31 January 2026 to $8.00 before tax and $6.74 after tax, up from $7.90 and $6.66 a month earlier, with its top 25 holdings—dominated by large-cap names such as BHP, the major banks, CSL and Macquarie—representing nearly 80% of its $10.0 billion portfolio. The company’s January update highlights portfolio positioning across sectors and notes that market gains were led by strong performances in Materials and Energy, modest improvement in Healthcare and continued weakness in Information Technology, Banks and Real Estate, providing investors with insight into how AFIC’s diversified, low-cost strategy is exposed to current market trends and sector rotations.

The most recent analyst rating on (AU:AFI) stock is a Buy with a A$8.50 price target. To see the full list of analyst forecasts on Australian Foundation Investment Co. Ltd. stock, see the AU:AFI Stock Forecast page.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company (AFIC) is a listed investment company focused on a diversified portfolio primarily of ASX-listed Australian equities, aiming to deliver attractive, tax‑effective returns to shareholders through a growing stream of fully franked dividends and capital growth over the medium to long term. With a $10.0 billion portfolio as at 31 January 2026, AFIC follows a long-term, fundamental, bottom-up investment style, tracks performance against the S&P/ASX 200 Accumulation Index, and offers low-cost access to professionally managed Australian shares for investors on the ASX and NZX under the code AFI.

Average Trading Volume: 432,550

Technical Sentiment Signal: Buy

For an in-depth examination of AFI stock, go to TipRanks’ Overview page.