Want to see AU:AFI full AI Analyst Report?
Top Page
Australian Foundation Investment Co. Ltd.
(Sydney:AFI)
Select Model
Select Model
Rating:72Outperform
Price Target:
AU$7.50
▲(8.07% Upside)
Action:Reiterated
Date:07/30/26
The score is driven primarily by strong financial quality (very low leverage, strong profitability, and solid cash generation). This is tempered by premium valuation (high P/E) and a cautious earnings-call backdrop reflecting short-term performance challenges and a persistent discount to NTA, while technicals show mild near-term softness within a steadier medium-term trend.
Positive Factors
Conservative Balance Sheet
AFIC’s minimal-to-no debt and large equity base provide durable financial flexibility. Low leverage reduces refinancing and interest risk, supporting steady dividends, opportunistic buybacks and the ability to hold through market drawdowns without balance-sheet stress over the next several months.
Negative Factors
Inconsistent Growth Trajectory
AFIC’s revenue/earnings growth lacks a clear, steady trajectory, reducing forward visibility for NTA expansion. Choppy top-line and intermittent free-cash-flow declines constrain predictability of dividend growth and limit confidence in sustained capital appreciation over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
AFIC’s minimal-to-no debt and large equity base provide durable financial flexibility. Low leverage reduces refinancing and interest risk, supporting steady dividends, opportunistic buybacks and the ability to hold through market drawdowns without balance-sheet stress over the next several months.
Read all positive factors
Australian Foundation Investment Co. Ltd. (AFI) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$8.43B
Dividend Yield4.59%
Average Volume (3M)468.89K
Price to Earnings (P/E)28.6
Beta (1Y)0.36
Revenue Growth3.04%
EPS Growth3.08%
CountryAU
Employees18
SectorGeneral
Sector StrengthN/A
IndustryAsset Management
Share Statistics
EPS (TTM)0.24
Shares Outstanding1,227,117,200
10 Day Avg. Volume476,238
30 Day Avg. Volume468,888
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)1.07
Price to Sales (P/S)25.92
P/FCF Ratio32.06
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Australian Foundation Investment Co. Ltd. Business Overview & Revenue Model
Company Description
Australian Foundation Investment Company Limited (AFI) operates as a publicly listed investment management firm. This entity focuses its capital allocation on publicly traded companies within the Australian and New Zealand equity markets, specific...
How the Company Makes Money
AFI makes money primarily from investment returns generated by its share portfolio. Its key economic drivers are: (1) Dividends and other distributions received from the companies it owns—these cash flows support AFI’s ability to pay dividends to ...
Australian Foundation Investment Co. Ltd. Earnings Call Summary
Earnings Call Date:Jan 20, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Jan 27, 2027
Earnings Call Sentiment Neutral
Balanced/Neutral: The call highlights AFIC’s strong long-term record, low operating costs, maintained ordinary dividend and special dividends funded by franking/profit reserves, opportunistic portfolio additions, and steps to address the NTA discount (buybacks, marketing). However, these positives are offset by clear short-term underperformance versus the benchmark (6‑month NTA -2%, 1‑year +1.2%), profit down 4.6%, notable deratings in major holdings (CSL -37%, James Hardie -38%), a costly miss on the gold rally and a persistent ~9% discount to NTA. Management has acknowledged execution/timing shortcomings and is implementing tactical and structural responses, leaving the net tone cautious and constructive but realistically tempered.Positive Updates
Dividend Stability and Special Dividends
Interim ordinary dividend maintained at $0.12 per share and a $0.025 special dividend declared for H1 FY2026, with an additional $0.025 special dividend expected at the final result (total H1 distribution $0.145). The company reiterates a long track record of delivering stable to growing fully franked dividends.
Negative Updates
Short-Term Underperformance vs Market
NTA total return for 6 months to Dec 2025 was -2% and 1-year was +1.2%, both materially below the ASX 200 Accumulation Index; short-term underperformance has dragged the 3-, 5- and 10-year returns lower than desired.
Read all updates
Q2-2026 Updates
Positive
Negative
Dividend Stability and Special Dividends
Interim ordinary dividend maintained at $0.12 per share and a $0.025 special dividend declared for H1 FY2026, with an additional $0.025 special dividend expected at the final result (total H1 distribution $0.145). The company reiterates a long track record of delivering stable to growing fully franked dividends.
Read all positive updates
Company Guidance
AFIC’s guidance reinforced a long‑term, low‑turnover approach while prioritising stable-to-growing dividends and capital discipline: management declared a H1 ordinary dividend of $0.12 plus a $0.025 special (total $0.145) and expects a further $0.025 special at year‑end; H1 profit was $147m (down 4.6%) or $0.117/share; portfolio value was $9.9bn (from $10.4bn), NTA $7.90/share, 59 holdings, ~150,000 shareholders; international sleeve was $170m (1.7% of portfolio, 27 stocks); MER was 0.11%; short‑term NTA returns were -2% (6m) and 1.2% (1y) while the 30‑year track record showed $10,000 → $155,000 vs ASX $136,000; the share price traded at ~9% discount to NTA at Dec‑25; the Board flagged continued buybacks where appropriate and tighter execution on trading (selective buys such as Woolworths, Telstra, Sigma and additions totalling ~0.3% in small caps, plus trims in Wesfarmers, Netwealth and banks) while retaining flexibility to raise international exposure if compelling value emerges.Australian Foundation Investment Co. Ltd. Financial Statement Overview
Summary
Income Statement
73
Positive
Balance Sheet
90
Very Positive
Cash Flow
76
Positive
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 340.48M | 330.42M | 339.25M | 348.74M | 393.21M |
| Gross Profit | 338.23M | 330.42M | 337.85M | 350.01M | 394.05M |
| EBITDA | 318.23M | 307.45M | 320.34M | 330.75M | 374.04M |
| Net Income | 293.11M | 284.91M | 296.17M | 309.76M | 360.54M |
Balance Sheet | |||||
| Total Assets | 9.82B | 10.58B | 9.92B | 8.96B | 8.27B |
| Cash, Cash Equivalents and Short-Term Investments | 89.54M | 280.77M | 171.89M | 169.22M | 149.60M |
| Total Debt | 0.00 | 10.00M | 10.00M | 10.00M | 10.00M |
| Total Liabilities | 1.59B | 1.84B | 1.66B | 1.41B | 1.28B |
| Stockholders Equity | 8.22B | 8.74B | 8.26B | 7.56B | 6.99B |
Cash Flow | |||||
| Free Cash Flow | 275.20M | 279.08M | 289.35M | 317.68M | 277.76M |
| Operating Cash Flow | 275.31M | 279.26M | 289.35M | 317.68M | 277.76M |
| Investing Cash Flow | 109.03M | 149.99M | -51.99M | -66.33M | -19.19M |
| Financing Cash Flow | -575.58M | -314.97M | -236.25M | -230.58M | -211.07M |
Australian Foundation Investment Co. Ltd. Technical Analysis
Positive
6.94
Price Trends
6.69
Positive
6.56
Positive
6.65
Positive
Market Momentum
0.05
Negative
59.31
Neutral
74.75
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AFI, the sentiment is Positive. The current price of 6.94 is above the 20-day moving average (MA) of 6.77, above the 50-day MA of 6.69, and above the 200-day MA of 6.65, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 59.31 is Neutral, neither overbought nor oversold. The STOCH value of 74.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:AFI.
Australian Foundation Investment Co. Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | AU$6.94B | 27.12 | 3.80% | 4.21% | 2.17% | 0.68% | |
75 Outperform | AU$1.51B | 23.50 | 4.35% | 4.31% | 2.72% | 4.18% | |
73 Outperform | AU$485.43M | 17.07 | 5.88% | 6.56% | 86.21% | -44.46% | |
72 Outperform | AU$8.43B | 28.63 | 3.54% | 2.63% | 3.04% | 3.08% | |
67 Neutral | AU$3.13B | 19.35 | 6.21% | 3.67% | 44.63% | -63.30% | |
63 Neutral | AU$573.72M | 44.31 | 2.07% | 4.06% | 45.10% | 44.28% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
AU:AFI
Australian Foundation Investment Co. Ltd.
6.87
-0.13
-1.79%
AU:PIC
Perpetual Equity Investment Co. Ltd.
1.26
0.05
4.22%
AU:ARG
Argo Investments Limited
9.22
0.24
2.71%
AU:BKI
BKI Investment Co. Ltd.
1.88
0.14
7.88%
AU:MFF
MFF Capital Investments Ltd.
5.33
0.87
19.53%
AU:MIR
Mirrabooka Investments Ltd
2.57
-0.60
-18.80%
Australian Foundation Investment Co. Ltd. Corporate Events
AFIC to Host Webcast on Full‑Year Results for Shareholders
Jul 27, 2026
Australian Foundation Investment Company has scheduled a full‑year results webcast presentation for shareholders, to be held on Monday 27 July 2026 in the afternoon. The company will publish the associated presentation materials and access l...
AFIC Reports Estimated Pre-Tax NTA of $7.90 Per Share
Jul 27, 2026
Australian Foundation Investment Company has released an estimated pre-tax net tangible asset backing of $7.90 per share as at 24 July 2026, compared with a closing share price of $6.94 on the same date. The figure, which is unaudited and indicati...
AFIC reshapes board as mining veteran Tom Palmer joins and David Peever retires
Jul 27, 2026
Australian Foundation Investment Company Limited has refreshed its board composition, reinforcing its governance framework for its long-term equity investment strategy. The company, a major listed investment vehicle in Australia, relies on a diver...
AFI Declares Six‑Month Dividend for June 2026 Period
Jul 26, 2026
Australian Foundation Investment Company Limited, a listed investment company trading under the AFI ticker on the ASX, offers investors access to a diversified portfolio via its ordinary fully paid shares. The company’s focus on steady distr...
AFIC lifts profit, holds dividend and taps franking credits for special payout
Jul 26, 2026
Australian Foundation Investment Company reported net profit of $293.5 million for the year to 30 June 2026, up 3 percent, with operating revenue rising 1.2 percent to $331.9 million and its management expense ratio improving to 0.14 percent. Net ...
AFI Reports Ongoing On‑Market Share Buy‑Back Activity
Jul 26, 2026
Australian Foundation Investment Company Limited has continued its on‑market share buy‑back program, updating the market with a daily notification. The latest disclosure shows that AFI has repurchased a total of 31,359,103 ordinary ful...
AFI Issues Daily Update on Ongoing On-Market Share Buy-Back
Jul 23, 2026
Australian Foundation Investment Company Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program. The buy-back relates to its ordinary fully paid shares, listed under the ticker AFI.As of the ...
AFI Reports Ongoing On-Market Share Buy-Back Activity
Jul 22, 2026
Australian Foundation Investment Company Limited has continued its on-market buy-back of ordinary fully paid shares under its existing program first notified in January 2026. The company is listed on the ASX under the code AFI and uses buy-backs a...
AFI Reports Daily Progress on On-Market Share Buy-Back
Jul 21, 2026
Australian Foundation Investment Company has issued an update on its ongoing on-market share buy-back program for its ordinary fully paid securities. The announcement, dated 22 July 2026, reports cumulative buy-backs of 30,477,103 shares and a fur...
AFIC Continues On-Market Buy-Back with Daily Share Repurchases
Jul 14, 2026
Australian Foundation Investment Company Limited has continued its on-market share buy-back program, targeting its ordinary fully paid shares under the ASX code AFI. The company reported that it has cumulatively repurchased 29,075,603 securities p...
AFIC Cancels 4.45 Million Shares After On-Market Buy-Back
Jul 14, 2026
Australian Foundation Investment Company has cancelled 4,448,010 ordinary fully paid shares following completion of an on-market buy-back. The reduction in issued capital is expected to consolidate value for remaining shareholders and may marginal...
AFIC Appoints Alison Gibson to Board, Discloses Shareholding
Jul 14, 2026
Australian Foundation Investment Company Limited has announced the appointment of Alison Gibson as a director, effective 13 July 2026. The company disclosed that Gibson already holds 2,308 ordinary shares in the firm, underscoring her existing fin...
Australian Foundation Investment Company Continues On‑Market Share Buy‑Back
Jul 13, 2026
Australian Foundation Investment Company has provided an updated notification on its on-market share buy-back program, confirming that it repurchased 289,000 ordinary fully paid shares on the previous trading day. This takes the cumulative total b...
AFIC Reports Estimated Pre-Tax NTA of $7.96 Per Share
Jul 12, 2026
Australian Foundation Investment Company has reported an estimated pre-tax net tangible asset backing of $7.96 per share as at 10 July 2026, compared with an ASX closing share price of $6.95 on the same date. The indicative, unaudited figure refle...
AFIC Updates Market on Progress of On-Market Share Buy-Back
Jul 12, 2026
Australian Foundation Investment Company Limited, an ASX-listed investment company issuing ordinary fully paid shares under the code AFI, offers investors access to a diversified portfolio of investments via its listed structure. Its operations ce...
AFI Updates Market on Progress of Ongoing Share Buy-Back
Jul 9, 2026
Australian Foundation Investment Company Limited, a listed investment company on the ASX, manages a diversified portfolio of ordinary fully paid shares to give investors broad equity market exposure. Its core business is long-term investment in li...
Australian Foundation Investment Company Reports Daily Progress on Share Buy-Back
Jul 8, 2026
Australian Foundation Investment Company has updated the market on its ongoing on-market share buy-back program for its ordinary fully paid AFI securities. The company reported that a total of 28,000,603 shares had been repurchased prior to the la...
AFI Expands On‑Market Share Buy‑Back With Over 27.6 Million Shares Repurchased
Jul 7, 2026
Australian Foundation Investment Company Limited has provided an update to the market on its ongoing on‑market share buy‑back of its ordinary fully paid shares listed on the ASX under code AFI. The company, a listed investment vehicle ...
AFI Ramps Up On‑Market Share Buy‑Back With Daily Update
Jul 6, 2026
Australian Foundation Investment Company Limited has issued an updated notification on its ongoing on‑market share buy‑back program for its ordinary fully paid shares. The latest daily filing, dated 7 July 2026, reports that a total of...
AFIC Shares Trade Below Updated Pre-Tax NTA Estimate
Jul 6, 2026
Australian Foundation Investment Company Limited, a Melbourne-based listed investment company, manages a diversified portfolio of Australian equities for long-term investors. Its shares trade on the ASX, giving shareholders access to professionall...
AFIC Continues On-Market Share Buy-Back With Daily ASX Update
Jul 5, 2026
Australian Foundation Investment Company has provided an updated notification to the ASX on its ongoing on-market share buy-back of ordinary fully paid shares under code AFI. The latest filing confirms the program’s continuation, reflecting ...
AFIC Lifts NTA as Sector Shifts Shape Australian Equity Returns
Jul 3, 2026
Australian Foundation Investment Co. Ltd. reported a rise in its net tangible asset backing per share at 30 June 2026, with before-tax NTA increasing to $7.93 and after-tax NTA to $6.67, up from $7.76 and $6.55 a month earlier. Its top 25 investme...
AFIC Updates Market on Progress of On-Market Share Buy-Back
Jul 2, 2026
Australian Foundation Investment Company Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The company reported that a total of 26,570,265 securities ...
AFIC Announces Departure of Director Robert Mark Freeman
Jul 2, 2026
Australian Foundation Investment Company Limited has announced changes to its boardroom, disclosing that director Robert Mark Freeman has ceased to be a director as of 30 June 2026. The notice was lodged with the ASX under listing rule requirement...
Australian Foundation Investment Company Continues On-Market Buy-Back Program
Jul 1, 2026
Australian Foundation Investment Company has continued its on-market share buy-back program, focused on its ordinary fully paid shares traded under the ASX code AFI. The company reported that it has repurchased a cumulative total of 26,211,765 sha...
Australian Foundation Investment Company Reports Daily Progress of On‑Market Buy‑Back
Jul 1, 2026
Australian Foundation Investment Company has updated the market on its ongoing on‑market share buy‑back program involving its ordinary fully paid shares. The company reported that it had bought back a total of 25,854,565 shares before ...
AFI Reports Daily Progress on On-Market Share Buy-Back
Jun 30, 2026
Australian Foundation Investment Company has provided an updated notification on its on-market share buy-back program for its ordinary fully paid shares. The latest disclosure, dated 30 June 2026, confirms the company is continuing to execute dail...
AFIC Reveals Estimated NTA Showing Discount to Market Price
Jun 29, 2026
Australian Foundation Investment Company has disclosed an estimated pre-tax net tangible asset backing of $7.88 per share as at 26 June 2026, compared with an ASX closing share price of $6.89 on the same date. The figure, which is unaudited and in...
Australian Foundation Investment Company Continues Daily On-Market Buy-Back
Jun 28, 2026
Australian Foundation Investment Company Limited has continued its on-market share buy-back program, targeting its ordinary fully paid shares traded under the ASX code AFI. The company reported that, as of 29 June 2026, it had repurchased a total ...
Australian Foundation Investment Company Continues On-Market Share Buy-Back
Jun 25, 2026
Australian Foundation Investment Company Limited has updated the market on its ongoing on-market share buy-back program for its ordinary fully paid shares under the ASX code AFI. The latest notification dated 26 June 2026 reports that a total of 2...
AFIC Continues On‑Market Buy-Back With Daily Share Repurchases
Jun 24, 2026
Australian Foundation Investment Company Limited, a listed investment company trading under the ASX code AFI, invests in a diversified portfolio of ordinary fully paid shares, offering shareholders broad equity market exposure. The company operate...
Australian Foundation Investment Company Updates Daily On‑Market Buy‑Back Totals
Jun 22, 2026
Australian Foundation Investment Company Limited has provided an updated notification to the ASX regarding its ongoing on‑market share buy-back program for its ordinary fully paid shares under code AFI. The update confirms the company has re...
AFIC Sets Key 2026 Dates for Results, Dividend and AGM
Jun 22, 2026
Australian Foundation Investment Company Limited has outlined its key corporate dates for the second half of 2026, including the release of final results, a shareholder webinar and the timing of its final dividend. The schedule signals the company...
AFI Cancels 4.1 Million Shares in On-Market Buy-Back
Jun 22, 2026
Australian Foundation Investment Company has cancelled 4,143,588 ordinary fully paid shares as part of an on-market buy-back, effective 22 June 2026. The reduction in issued capital is expected to slightly enhance value per remaining share and ref...
AFIC Posts Estimated Pre-Tax NTA of $7.90 per Share for 19 June 2026
Jun 21, 2026
Australian Foundation Investment Company Limited reported an estimated pre-tax net tangible asset backing of $7.90 per share as at 19 June 2026, compared with an ASX closing share price of $6.42 on the same date. The figure is unaudited and indica...
AFIC Corrects Buy-Back Price in Ongoing On-Market Share Repurchase
Jun 9, 2026
Australian Foundation Investment Company Limited has continued its on-market share buy-back program for its ordinary fully paid shares, with a total of 22,521,193 securities repurchased before the previous day and a further 312,500 bought back on ...
AFIC Shares Trade Below Estimated Pre-Tax NTA of $7.71
Jun 9, 2026
Australian Foundation Investment Company has released an updated estimate of its net tangible asset backing per share as at 5 June 2026, reporting a pre-tax NTA of $7.71. Over the same period, AFIC’s shares closed on the ASX at $6.41, indica...
AFIC Updates Market on Ongoing On‑Market Share Buy‑Back
Jun 9, 2026
Australian Foundation Investment Company Limited has issued an updated notification to the ASX regarding its ongoing on-market share buy-back of ordinary fully paid AFI shares. The filing confirms the program remains active and specifies that 311,...
AFIC Updates Market on Progress of On‑Market Share Buy‑Back
Jun 9, 2026
Australian Foundation Investment Company Limited has provided an update on its on‑market share buy‑back program for its ordinary fully paid shares. The company reported that, as of 9 June 2026, it had repurchased a cumulative total of ...
Australian Foundation Investment Company Updates Market on Ongoing Share Buy-Back
Jun 4, 2026
Australian Foundation Investment Company Limited, a leading Australian listed investment company focused on a diversified portfolio of domestic equities, continues to manage its capital structure through an on-market share buy-back program. The co...
AFIC NTA Edges Higher as Resources Rally and Banks Retreat on ASX
Jun 4, 2026
Australian Foundation Investment Company reported a modest rise in its net tangible asset backing per share as at 31 May 2026, with pre-tax NTA at $7.76 and post-tax NTA at $6.55, alongside a concentrated top 25 portfolio representing 81.6% of inv...
Australian Foundation Investment Company Updates Daily On-Market Share Buy-Back
Jun 3, 2026
Australian Foundation Investment Company Limited has updated the market on its ongoing on-market share buy-back program for its ordinary fully paid shares traded under the ASX code AFI. The company reported that a total of 21,593,163 shares had be...
AFIC Continues On‑Market Buy‑Back With Daily Share Repurchases
May 28, 2026
Australian Foundation Investment Company Limited has continued its on‑market share buy‑back program, focusing on its ordinary fully paid shares under the ASX code AFI. The company uses this capital management strategy to reduce the num...
AFIC Cancels Over 4.1 Million Shares in On-Market Buy-Back
May 28, 2026
Australian Foundation Investment Company has reduced its share capital via the cancellation of 4,188,150 fully paid ordinary shares. The reduction was executed through an on-market buy-back completed on May 28, 2026, as notified in its latest capi...
AFIC Updates Market on Progress of On‑Market Share Buy‑Back
May 27, 2026
Australian Foundation Investment Company Limited, an ASX-listed investment company trading under ticker AFI, provides shareholders with access to a diversified portfolio of Australian equities through its ordinary fully paid shares. The company op...
AFI Provides Daily Update on Ongoing On-Market Share Buy-Back
May 26, 2026
Australian Foundation Investment Company Limited has updated the market on its on-market share buy-back program for its ordinary fully paid shares. The company reported that, as of 27 May 2026, it had bought back a cumulative total of 19,928,605 s...
AFIC Reports Estimated NTA Per Share Above Market Price
May 25, 2026
Australian Foundation Investment Company Limited reported an estimated pre-tax net tangible asset backing of $7.68 per share as at 22 May 2026, with its shares closing on the ASX at $6.55 on the same date. The disclosed NTA figure, which is unaudi...
Australian Foundation Investment Company Continues On-Market Share Buy-Back
May 24, 2026
Australian Foundation Investment Company Limited, an ASX-listed investment company trading under ticker AFI, offers investors access to a diversified portfolio through its ordinary fully paid shares. As a listed investment company, it focuses on m...
Australian Foundation Investment Company Reports Daily Progress on Share Buy-Back
May 22, 2026
Australian Foundation Investment Company Limited, a listed investment company on the ASX trading under code AFI, provides investors with access to a diversified portfolio via its ordinary fully paid shares. The firm plays a role in the Australian ...
AFIC Updates Market on Progress of On‑Market Share Buy‑Back
May 21, 2026
Australian Foundation Investment Company Limited has provided an updated notification of its on-market share buy-back program for its ordinary fully paid shares, coded AFI on the ASX. The company reported that a total of 18,712,905 shares had been...
Australian Foundation Investment Company Continues On-Market Share Buy-Back Program
May 12, 2026
Australian Foundation Investment Company Limited, a listed investment company on the ASX, offers investors diversified exposure to Australian shares through its portfolio of ordinary fully paid securities. The company targets long-term wealth crea...
AFIC Reports Estimated Pre-Tax NTA of $7.74 Per Share
May 11, 2026
Australian Foundation Investment Company Limited has reported an estimated pre-tax net tangible asset backing of $7.74 per share as at 8 May 2026, compared with an ASX closing share price of $6.52 on the same date. The company noted that the NTA f...
AFIC Cancels 5.2 Million Shares in On-Market Buy-Back
May 7, 2026
Australian Foundation Investment Company Limited has cancelled 5,231,076 ordinary fully paid shares following an on-market buy-back, as disclosed in its Appendix 3H notification to the ASX dated 7 May 2026. The reduction in issued capital through ...
AFIC Lifts NTA as Blue-Chip Holdings Drive April Portfolio Gains
May 7, 2026
AFIC reported an increase in its net tangible asset backing per share at 30 April 2026, with before-tax NTA rising to $7.69 and after-tax NTA to $6.51, supported by strong contributions from holdings such as Macquarie Group and BHP. The portfolio ...
AFIC Updates Market on Progress of Ongoing On‑Market Share Buy‑Back
May 7, 2026
Australian Foundation Investment Company Limited has provided an updated notification to the ASX regarding its ongoing on‑market share buy‑back of ordinary fully paid shares. The company reported that, as of the latest update dated 7 M...
Australian Foundation Investment Company Reports Ongoing Daily Share Buy-Back
May 5, 2026
Australian Foundation Investment Company Limited has reported an update to its on-market share buy-back program covering trades up to 6 May 2026. The buy-back relates to its ordinary fully paid shares listed under the AFI ticker on the Australian ...
AFIC Updates Market on Progress of On‑Market Share Buy‑Back
May 4, 2026
Australian Foundation Investment Company Limited, a listed investment company on the ASX under the code AFI, offers ordinary fully paid shares that give investors access to a diversified portfolio of investments. As one of Australia’s establ...
AFIC Shares Trade Below Estimated NTA as Investment Company Updates Asset Backing
May 4, 2026
Australian Foundation Investment Company Limited has reported an estimated pre-tax net tangible asset backing of $7.72 per share as at 1 May 2026, against a closing share price of $6.64 on the same date. The unaudited figure, which is based on the...
Australian Foundation Investment Company Reports Daily Progress on Share Buy-Back
May 3, 2026
Australian Foundation Investment Company Limited has updated the market on its ongoing on-market share buy-back program for its ordinary fully paid shares, coded AFI on the ASX. The company reported that a total of 15,142,655 shares had been repur...
AFI Updates Market on Progress of Ongoing On-Market Share Buy-Back
Apr 30, 2026
Australian Foundation Investment Company Limited, a major Australian listed investment company trading as AFI, offers ordinary fully paid shares that give investors exposure to a diversified portfolio of local equities. The company focuses on deli...
Australian Foundation Investment Company Updates Daily On‑Market Buy‑Back
Apr 30, 2026
Australian Foundation Investment Company has issued an updated notification on its on‑market share buy‑back program for its ordinary fully paid shares. The update, dated 30 April 2026, confirms the program remains active and records cu...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.