Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has provided an announcement.
Australian Foundation Investment Company Limited announced its estimated net tangible asset (NTA) backing per share as of May 16, 2025, at $8.19, compared to the ASX closing share price of $7.19 on the same date. This unaudited figure, calculated before tax provisions, suggests a potential undervaluation of the company’s shares, which may impact investor perception and market positioning.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited (AFIC) operates within the investment industry, focusing on providing investors with diversified exposure to Australian equities. The company aims to deliver capital growth and consistent income through a portfolio of carefully selected investments.
YTD Price Performance: -1.40%
Average Trading Volume: 541,366
Technical Sentiment Signal: Buy
Find detailed analytics on AFI stock on TipRanks’ Stock Analysis page.