Top Page
Australian Foundation Investment Co. Ltd.
(OTC:AFI)
Australian Foundation Investment Co. Ltd. (AFI) vs. S&P 500 (SPY)
Australian Foundation Investment Co. Ltd. Business Overview & Revenue Model
Australian Foundation Investment Co. Ltd. Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 339.25M | 348.74M | 393.21M | 263.46M | 272.96M | Gross Profit |
| 337.85M | 350.01M | 394.05M | 265.29M | 274.05M | EBIT |
| 320.34M | 332.02M | 374.89M | 249.78M | 259.29M | EBITDA |
| 0.00 | -1.26M | -845.00K | -1.83M | -1.05M | Net Income Common Stockholders |
| 296.17M | 309.76M | 360.54M | 234.65M | 239.93M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 171.89M | 169.22M | 149.60M | 101.87M | 115.62M | Total Assets |
| 9.92B | 8.96B | 8.27B | 9.12B | 7.25B | Total Debt |
| 10.00M | 10.00M | 10.00M | 0.00 | 0.00 | Net Debt |
| -156.50M | -155.38M | -134.62M | -97.12M | -111.32M | Total Liabilities |
| 1.66B | 1.41B | 1.28B | 1.56B | 1.01B | Stockholders Equity |
| 8.26B | 7.56B | 6.99B | 7.56B | 6.24B |
| Cash Flow | Free Cash Flow | |||
| 289.35M | 317.68M | 277.76M | 178.77M | 254.63M | Operating Cash Flow |
| 289.35M | 317.68M | 277.76M | 178.77M | 254.63M | Investing Cash Flow |
| -51.99M | -66.33M | -19.19M | 28.98M | -126.18M | Financing Cash Flow |
| -236.25M | -230.58M | -211.07M | -221.95M | -223.57M |
Australian Foundation Investment Co. Ltd. Technical Analysis
Australian Foundation Investment Co. Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | 22.23 | 4.44% | 4.69% | -4.33% | -13.07% | ||
70 Outperform | 31.11 | 3.58% | 3.77% | 9.87% | 5.04% | ||
68 Neutral | 26.80 | 3.96% | 4.12% | -3.41% | -4.97% | ||
68 Neutral | 29.52 | 3.68% | 3.74% | 1.81% | 0.50% | ||
64 Neutral | $12.54B | 9.83 | 7.92% | 16985.69% | 12.58% | -6.00% |
Australian Foundation Investment Co. Ltd. Corporate Events
Australian Foundation Investment Company Limited has announced its estimated net tangible asset (NTA) backing per share as of May 2, 2025, at $8.06, compared to the AFI share price of $7.13 on the ASX closing on the same date. This announcement highlights the company’s current market valuation and provides stakeholders with an insight into its financial standing, which may influence investor decisions and market perceptions.
In April 2025, AFIC reported an increase in its net tangible asset (NTA) backing per share, reflecting a positive trend in its investment portfolio despite market volatility caused by new US tariff policies. The S&P/ASX 200 Accumulation Index experienced a rebound by the end of the month, with significant gains in sectors like Communication Services and Information Technology. However, the Energy sector saw a decline due to concerns over global growth. AFIC’s top investments include Commonwealth Bank and BHP, and the company maintains a strong position in the market with a focus on long-term growth and shareholder returns.
Australian Foundation Investment Company Limited announced its estimated net tangible asset (NTA) backing per share as of April 24, 2025, at $7.78, with a share price of $7.13 on the ASX closing price of the same date. This unaudited and indicative figure reflects the market value of investments before tax provisions, highlighting the company’s financial positioning and potential impact on shareholder value.
Australian Foundation Investment Company Limited has announced upcoming shareholder information meetings in Tasmania, scheduled for Hobart and Launceston. These meetings will provide shareholders with insights into recent investment activities, market conditions, and performance updates, alongside presentations from AMCIL, Djerriwarrh Investments, and Mirrabooka Investments, offering a comprehensive view of the company’s strategic direction and market outlook.
Australian Foundation Investment Company Limited (AFIC) announced its estimated net tangible asset (NTA) backing per share as of April 17, 2025, at $7.61, with the AFI share price closing at $7.11 on the same date. This unaudited and indicative figure reflects the market value of investments before tax provisions, potentially impacting investor perceptions and market positioning.
Australian Foundation Investment Company Limited has announced its estimated net tangible asset (NTA) backing per share as of April 11, 2025, at $7.50. This figure is pre-tax and unaudited, indicating the company’s asset value based on market investments. The announcement highlights a slight discrepancy between the NTA and the closing share price of $7.04 on the same date, which may interest investors and stakeholders in assessing the company’s market valuation and investment strategy.
Australian Foundation Investment Company Limited has announced a change in the address of its registry office in Sydney. Effective from 14 April 2025, the registry office of MUFG Corporate Markets (AU) Limited will relocate to Liberty Place, Level 41, 161 Castlereagh St, Sydney NSW 2000. The telephone numbers and postal address will remain unchanged.
Australian Foundation Investment Company Limited has announced its estimated net tangible asset (NTA) backing per share as of April 4, 2025, at $7.53, compared to its share price of $7.08 on the same date. This unaudited and indicative figure is calculated based on market value investments and excludes current or deferred tax provisions, providing stakeholders with a snapshot of the company’s financial standing and market valuation.
AFIC reported a decrease in its net tangible asset (NTA) backing per share as of March 31, 2025, with before-tax NTA at $7.68 and after-tax NTA at $6.49, reflecting market volatility and declines in key sectors such as Information Technology and Consumer Discretionary. Despite the challenging market conditions, AFIC maintains a diversified portfolio valued at $9.7 billion, with significant investments in sectors like banks and materials. The company’s strategic focus on long-term growth and tax-effective income through fully franked dividends continues to position it as a stable investment option amidst market fluctuations.
Australian Foundation Investment Company Limited announced the cessation of 3,850,153 ordinary fully paid securities due to an on-market buy-back. This move is part of the company’s capital management strategy, potentially enhancing shareholder value by reducing the number of shares outstanding and increasing earnings per share.
Australian Foundation Investment Company Limited (AFIC) announced its estimated net tangible asset (NTA) backing per share as of March 28, 2025, to be $7.67. This figure, which is pre-tax and unaudited, is based on the market value of its investments and does not account for current or deferred tax provisions. The announcement provides stakeholders with an insight into the company’s asset valuation, reflecting its market positioning and potential impact on investor confidence.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing share buy-back program. As of March 27, 2025, the company has repurchased a total of 8,865,355 securities, with an additional 141,762 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 8,535,355 ordinary fully paid securities, with an additional 330,000 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively and potentially enhance shareholder value.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing on-market buy-back program. As of March 25, 2025, the company has repurchased a total of 8,535,355 ordinary fully paid securities, including 400,400 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure.
Australian Foundation Investment Company Limited (AFIC) announced its estimated net tangible asset (NTA) backing per share as of March 21, 2025, to be $7.78, compared to the ASX closing share price of $7.25 on the same date. This announcement provides stakeholders with an insight into the company’s asset value, which is crucial for assessing its financial health and investment potential.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing on-market buy-back program. As of March 24, 2025, the company reported buying back a total of 7,841,355 securities before the previous day, with an additional 293,600 securities bought back on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital efficiently and potentially enhance shareholder value.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing on-market buy-back program. As of March 20, 2025, the company has repurchased a total of 7,631,355 ordinary fully paid securities, including 220,000 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing share buy-back program. As of March 19, 2025, the company has repurchased a total of 7,229,656 ordinary fully paid securities, with an additional 181,699 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value by reducing the number of outstanding shares, which can potentially increase earnings per share and improve stock price stability.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest update, the company has repurchased a total of 6,956,737 ordinary fully paid securities, with an additional 272,919 securities bought back on the previous day. This buy-back initiative reflects the company’s strategy to enhance shareholder value and optimize its capital structure.
Australian Foundation Investment Company Limited announced an update on its ongoing on-market buy-back program, detailing the acquisition of 260,382 ordinary fully paid securities on the previous day. This buy-back strategy is part of the company’s efforts to manage its capital efficiently and potentially enhance shareholder value.
Australian Foundation Investment Co. Ltd. has announced its initial substantial holding in ARB Corporation Limited, acquiring 4,176,818 ordinary shares, which represents a 5.03% voting power. This acquisition marks a strategic investment move by AFI, potentially enhancing its portfolio’s value and influence within the market, while also indicating confidence in ARB Corporation’s future performance.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing on-market buy-back program. As of March 14, 2025, the company has repurchased a total of 6,696,355 ordinary fully paid securities, including 292,400 bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in its financial position.
Australian Foundation Investment Company Limited (AFI) has announced a series of information meetings scheduled for March and April 2025. These meetings are intended to provide shareholders with updates and insights into the company’s operations and strategic direction. The presentations at these meetings are expected to impact stakeholders by offering clarity on AFI’s market positioning and future plans.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing share buy-back program. The company reported that it bought back a total of 310,000 ordinary fully paid securities on the previous day, adding to the cumulative total of 6,093,955 securities repurchased before that day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure.
Australian Foundation Investment Company Limited has announced an update on its ongoing on-market buy-back program. As of March 12, 2025, the company has repurchased a total of 5,721,613 ordinary fully paid securities, with an additional 372,342 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively and potentially enhance shareholder value.
Australian Foundation Investment Company Limited has announced an estimated pre-tax net tangible asset (NTA) backing per share of $7.84 as of March 7, 2025, compared to its ASX closing share price of $7.20 on the same date. This indicative figure, which is unaudited and calculated based on market value investments, reflects the company’s financial health and may influence investor perceptions and market positioning.
Australian Foundation Investment Company Limited (AFI) has announced an update regarding its ongoing share buy-back program. As of March 11, 2025, the company has repurchased a total of 5,558,955 shares, with an additional 162,658 shares bought back on the previous day. This buy-back initiative is part of AFI’s strategy to enhance shareholder value by reducing the number of outstanding shares, which can potentially increase earnings per share and provide a more favorable return on equity for its investors.
Australian Foundation Investment Company Limited announced the cessation of 325,856 ordinary fully paid securities due to an on-market buy-back as of March 11, 2025. This move is part of the company’s capital management strategy, potentially enhancing shareholder value by reducing the number of shares on the market, which could impact the company’s stock performance and market positioning.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing share buy-back program. The company reported that it bought back a total of 401,991 ordinary fully paid securities on the previous day, adding to a cumulative total of 5,156,964 securities repurchased before that day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
AFIC reported a decrease in its net tangible asset (NTA) backing per share for February 2025, following the payment of an interim dividend. The company’s portfolio performance was impacted by a downturn in the S&P/ASX 200 Accumulation Index, which fell by 3.8% during the month, driven by significant declines in the Information Technology and Healthcare sectors. Despite these challenges, AFIC maintains a strong investment strategy with a focus on long-term growth and tax-effective income for its shareholders.
Australian Foundation Investment Company Limited (AFIC) announced its estimated net tangible asset (NTA) backing per share as of February 28, 2025, at $8.06, with the AFI share price closing at $7.39 on the same date. This unaudited and indicative pre-tax NTA reflects the market value of investments before tax provisions, providing stakeholders with insight into the company’s asset valuation relative to its market price.
Australian Foundation Investment Company Limited announced an update on its ongoing on-market buy-back program, reporting a total of 5,095,097 securities bought back before the previous day and an additional 61,867 securities on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing on-market buy-back program. As of February 27, 2025, the company has bought back a total of 5,056,813 ordinary fully paid securities, with an additional 38,284 securities repurchased on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and providing a more efficient capital structure.
Australian Foundation Investment Company Limited has announced a change in the director’s interest, specifically for Director Craig Milton Drummond. The notice details the acquisition of 1,092 ordinary shares at $7.40 per share, increasing Drummond’s total holdings to 68,411 shares. This change in director’s interest may reflect confidence in the company’s future performance and could influence stakeholder perceptions regarding the company’s stability and growth potential.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing share buy-back program. As of February 26, 2025, the company has repurchased a total of 5,056,813 ordinary fully paid securities, with 30,586 bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize capital structure and potentially enhance shareholder value.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing share buy-back program. The update corrects the maximum price payable per day for the buy-back to 7.7740 AUD, with all other information remaining unchanged. The company has bought back a total of 4,831,108 securities before the previous day and 195,119 securities on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and enhance shareholder value.
Australian Foundation Investment Co. Ltd. has announced a series of informal shareholder information meetings across major Australian cities, including Melbourne, Sydney, Brisbane, Perth, Adelaide, and Canberra. These meetings aim to provide shareholders with insights into the company’s half-year results, recent investment activities, and general market conditions. The presentations will be conducted alongside AMCIL, Djerriwarrh Investments, and Mirrabooka Investments, offering a comprehensive overview of performance and portfolio matters. The initiative reflects the company’s commitment to transparency and engagement with its stakeholders.
Australian Foundation Investment Co. Ltd. has released its Half Year Review for the period ending 31 December 2024. The review, which has been distributed to shareholders, highlights the company’s focus on income, capital growth, and maintaining low costs. This announcement provides stakeholders with insights into the company’s financial performance and strategic priorities for the first half of the fiscal year.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing on-market buy-back program. As of February 25, 2025, the company has repurchased a total of 5,026,227 ordinary fully paid securities, including 195,119 bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively and potentially enhance shareholder value.
AFIC has announced an estimated pre-tax net tangible asset (NTA) backing per share of $8.16 as of 21 February 2025, compared to its share price of $7.40 on the same date. This NTA figure is calculated before provisions for current or deferred taxes and reflects the company’s ongoing strategy of capital growth and income distribution. The announcement provides an indicative view of the company’s financial health and may influence investor perceptions of its market valuation.
AFIC has released its estimated net tangible asset (NTA) backing per share as of February 14, 2025, which stands at $8.39. The AFI share price on the Australian Securities Exchange closed at $7.41 on that day, both figures considering the provision for a 12 cents per share interim dividend due on February 25, 2025. This announcement provides investors with an insight into the company’s financial positioning, highlighting a difference between the NTA and the market price, which could influence investment decisions.
Australian Foundation Investment Co. Ltd. has updated its previous dividend announcement to include new foreign currency exchange rates for its interim dividend. The update also covers details regarding the Dividend Reinvestment Plan and Dividend Substitution Share Plan, which are crucial for stakeholders looking to optimize their investments. This announcement underscores the company’s ongoing commitment to providing value to its shareholders through transparent and up-to-date financial communication.
Australian Foundation Investment Company Limited has announced its estimated net tangible asset (NTA) backing per share as of February 7, 2025, to be $8.37, compared to the ASX closing share price of $7.42 on the same day. This NTA reflects the market value of investments and accounts for an interim dividend, underscoring AFIC’s commitment to providing value to its shareholders through steady dividend provisions.
AFIC reported an increase in its net tangible asset backing per share as of January 31, 2025, reflecting a positive shift in the market, bolstered by a strong performance in sectors such as Consumer Discretionary and Financials. The portfolio value stands at $10.8 billion, with major investments in Commonwealth Bank of Australia and BHP. The company continues to maintain a long-term investment strategy with a low management cost, and its diversified portfolio is primarily concentrated in banks, materials, and healthcare sectors. The company’s performance aligns with the rebound of the S&P/ASX 200 Accumulation Index, suggesting potential implications for stakeholders in terms of improved market positioning and investment returns.
Australian Foundation Investment Company Limited has announced an update to its on-market buy-back facility, extending it for another 12 months to enhance its capital management. This strategic move aims to optimize the company’s capital structure and reflects its commitment to delivering value to shareholders by repurchasing ordinary fully paid shares under the ASX security code AFI.