tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

AFIC Releases Estimated NTA Backing Per Share

Story Highlights
AFIC Releases Estimated NTA Backing Per Share

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Australian Foundation Investment Co. Ltd. ( (AU:AFI) ).

Australian Foundation Investment Company Limited (AFIC) announced its estimated net tangible asset (NTA) backing per share as of October 17, 2025, with a pre-tax NTA of $8.26 and a share price of $7.43. This announcement provides stakeholders with an indication of the company’s financial health and market valuation, though it is noted that the figures are unaudited and indicative, reflecting investments at market value before accounting for deferred tax on unrealized gains or losses.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited (AFIC) operates in the investment industry, focusing on managing a diversified portfolio of Australian equities. The company primarily provides investment opportunities and aims to deliver capital growth and dividend income to its shareholders.

YTD Price Performance: 4.57%

Average Trading Volume: 513,188

Technical Sentiment Signal: Strong Buy

Learn more about AFI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1