Spheria Emerging Companies Updates NTA Following March Dividend

The latest update is out from Spheria Emerging Cos. Ltd. ( (AU:SEC) ).

Spheria Emerging Companies Limited has reported an estimated pre-tax net tangible asset backing of $2.284 per share and a post-tax NTA of $2.264 per share as at 27 March 2026. These unaudited, approximate figures reflect the deduction of a 1.3 cent per share dividend, which went ex-dividend on 16 March and is payable on 31 March 2026, giving investors an updated view of the portfolio’s per-share value after the latest income distribution.

The disclosure distinguishes between pre- and post-tax NTA, with pre-tax NTA including tax on realised gains and other earnings but excluding provisions for tax on unrealised gains, while post-tax NTA captures tax on both realised and unrealised gains. By clarifying these metrics and adjustments, the company provides greater transparency around its balance sheet position and tax treatment, helping shareholders assess the impact of recent market movements and dividends on their investment’s underlying asset backing.

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, with its shares traded on the ASX under the ticker SEC. The company provides investors exposure to a portfolio of smaller-cap equities, aiming to deliver capital growth and income through active management of its underlying investments.

Average Trading Volume: 47,202

Technical Sentiment Signal: Sell

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