Argo Investments Posts Weekly NTA, Shares Trade at Discount to Asset Backing

Argo Investments Limited ( (AU:ARG) ) has shared an announcement.

Argo Investments has reported an estimated unaudited pre-tax net tangible asset backing of $10.09 per share as at Friday, 20 March 2026, compared with a closing share price of $8.68. The figures highlight a discount of the market price to underlying asset value, which may be of interest to investors assessing valuation and the benefits of Argo’s diversified, low-cost structure and stable dividend profile.

The announcement reinforces Argo’s positioning as a conservative, long-term focused LIC with no debt and experienced management, attributes that can be attractive for income-focused and risk-averse shareholders. By continuing to provide regular transparency on NTA and highlighting its structural advantages, the company underlines its appeal as a vehicle for broad equity exposure within the Australian market.

The most recent analyst rating on (AU:ARG) stock is a Buy with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.

More about Argo Investments Limited

Argo Investments Limited is one of Australia’s oldest and largest listed investment companies, founded in Adelaide in 1946 and now a constituent of the ASX 100. The low-cost, internally managed LIC invests more than A$8 billion on behalf of around 90,000 shareholders, offering a diversified Australian equities portfolio, a strong debt-free balance sheet and fully franked, sustainable dividends supported by a long-term investment approach.

YTD Price Performance: -2.86%

Average Trading Volume: 299,950

Technical Sentiment Signal: Buy

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