Spheria Emerging Companies Updates NTA Following March Dividend

An announcement from Spheria Emerging Cos. Ltd. ( (AU:SEC) ) is now available.

Spheria Emerging Companies Limited reported an estimated pre-tax net tangible asset (NTA) backing of $2.277 per share and a post-tax NTA of $2.260 per share as at 20 March 2026. These unaudited figures reflect the impact of a 1.3 cent per share dividend that went ex-dividend on 16 March and is payable on 31 March 2026, providing investors with an updated view of the company’s asset backing after the latest capital distribution.

The NTA calculations exclude deferred tax assets linked to capitalised issue costs and tax losses, with pre-tax NTA incorporating tax on realised results but not unrealised gains, while post-tax NTA includes tax on both realised and unrealised gains. This disclosure gives shareholders clarity on the underlying value of the portfolio under different tax assumptions, supporting more informed assessment of the stock’s trading price relative to its asset base.

The most recent analyst rating on (AU:SEC) stock is a Buy with a A$2.50 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 companies, trading on the ASX under the ticker SEC. It provides investors with exposure to a portfolio of smaller growth-oriented businesses, offering diversified access to the emerging companies segment of the equity market.

Average Trading Volume: 43,659

Technical Sentiment Signal: Sell

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