Spheria Emerging Companies Posts January NTA and Updates Fund Exchange Discount Measure

Spheria Emerging Cos. Ltd. ( (AU:SEC) ) has shared an update.

Spheria Emerging Companies Limited reported its net tangible asset backing per share as at 31 January 2026, with pre-tax NTA at $2.582 and post-tax NTA at $2.478, figures that reflect the impact of a 3.8 cent per share dividend payable on 13 February 2026. The company also updated the market on the running calculation tied to its conditional proposal to exchange SEC shares for units in the Spheria Australian Smaller Companies Fund, noting that the average daily NTA discount between 1 April 2025 and 31 January 2026 was 0.1%, well within the 5% discount threshold that will be formally assessed after the full measurement period concludes in March 2026, an outcome that may influence whether the fund structure proposal proceeds and how investor value is ultimately realised.

The most recent analyst rating on (AU:SEC) stock is a Buy with a A$3.50 price target. To see the full list of analyst forecasts on Spheria Emerging Cos. Ltd. stock, see the AU:SEC Stock Forecast page.

More about Spheria Emerging Cos. Ltd.

Spheria Emerging Companies Limited is an Australian listed investment company focused on emerging and smaller companies, providing investors with exposure to a diversified portfolio of smaller-cap equities. The company is listed on the ASX under the ticker SEC and offers shareholders access to professionally managed investments in the Australian smaller companies segment.

Average Trading Volume: 47,883

Technical Sentiment Signal: Buy

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