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Salter Brothers Emerging Companies Ltd. ( (AU:SB2) ) has provided an announcement.
Salter Brothers Emerging Companies reported a pre-tax net tangible asset value of $0.798 per share and post-tax NTA of $0.920 as at 31 March 2026, with its shares trading at a 32.61% discount to NTA and delivering an annualised dividend yield of 6.45%. The portfolio fell 13.96% in March amid a sharp sell-off in Australian small and micro caps driven by Middle East tensions, rising interest rates and a rotation into large caps, but the manager argues that depressed valuations and oversold conditions could set up a rebound once macro uncertainty eases.
The company’s holdings remain concentrated in industrials and technology, with 80.1% of assets in listed names and 9.4% in cash, and the board recently declared a fully franked interim dividend of 2 cents per share. Management highlighted ongoing operational momentum in select feature stocks such as Felix Group and Acrow, and noted that small-cap forward P/E multiples now sit about 15% below their 10-year average, underscoring the potential upside for investors prepared to look through current volatility.
The most recent analyst rating on (AU:SB2) stock is a Hold with a A$0.70 price target. To see the full list of analyst forecasts on Salter Brothers Emerging Companies Ltd. stock, see the AU:SB2 Stock Forecast page.
More about Salter Brothers Emerging Companies Ltd.
Salter Brothers Emerging Companies Ltd is an ASX-listed investment company focused on small and micro-cap equities, with a portfolio spanning 35 holdings across industrials, information technology, consumer sectors, health care and financials. The fund targets emerging companies, maintains a mix of listed, unlisted investments and cash, and is structured to comply with Australia’s Significant Investor Visa emerging companies requirements.
Average Trading Volume: 132,606
Technical Sentiment Signal: Sell
Current Market Cap: A$56.33M
For a thorough assessment of SB2 stock, go to TipRanks’ Stock Analysis page.