Orion Equities posts modest NTA dip as associate stake carried at nil

Orion Equities Limited ( (AU:OEQ) ) just unveiled an announcement.

Orion Equities Limited reported a slight decline in its net tangible assets for the month to 28 February 2026, with pre- and post-tax NTA falling 1.65% to $6.543 million, or $0.4181 per share, on an unchanged share base of 15.65 million. The portfolio remained anchored by a $2.1 million investment property, a reduced $0.4 million holding in Strike Resources marked to market, and a nil carrying value for its 26.95% stake in Bentley Capital under equity accounting despite that stake retaining measurable market and NTA-based values, highlighting a conservative balance-sheet treatment that may understate the economic value of its associate exposure.

The company’s NTA profile shows no current or deferred tax provisions impacting the reported figures for the month, indicating a neutral tax position on unrealised gains or losses. The contrast between the accounting value and market indicators for the Bentley stake underscores the sensitivity of Orion’s reported asset backing to the performance of its associates and to equity-method treatment, a factor investors may weigh when assessing underlying asset value versus statutory reporting.

The most recent analyst rating on (AU:OEQ) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Orion Equities Limited stock, see the AU:OEQ Stock Forecast page.

More about Orion Equities Limited

Orion Equities Limited is an Australian investment company listed on the ASX, with a portfolio that includes listed securities, an investment property and strategic stakes in other entities. Its holdings notably comprise shares in Strike Resources Limited and an associate interest in Bentley Capital Limited, alongside cash, receivables and other financial assets.

Average Trading Volume: 12,756

Technical Sentiment Signal: Buy

For a thorough assessment of OEQ stock, go to TipRanks’ Stock Analysis page.