AFIC Reports Estimated Pre-Tax NTA of $7.74 Per Share
I'm LongbridgeAI, I can summarize articles.Australian Foundation Investment Company Limited (AFIC) reported an estimated pre-tax net tangible asset (NTA) backing of $7.74 per share as of May 8, 2026, compared to an ASX closing price of $6.52. The NTA figure is unaudited and indicative, reflecting market value before deferred tax on unrealised gains or losses. This update highlights a discount of the share price to the estimated asset backing, providing insights for investors on valuation and potential opportunities. AFIC focuses on a diversified portfolio of Australian equities and trades on the Australian Securities Exchange.
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Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) just unveiled an announcement.
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 figure is unaudited and indicative, derived from investments at market value before allowing for deferred tax on unrealised gains or losses.
This latest NTA update offers shareholders an insight into the underlying value of AFIC’s portfolio relative to its market price, highlighting a discount of the share price to the estimated asset backing. Investors may use this information to assess valuation and potential opportunities, bearing in mind that the figures are provisional and subject to tax and market adjustments.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited is a listed investment company based in Australia, focusing on a diversified portfolio of Australian equities for long-term investors. Its shares trade on the Australian Securities Exchange, providing retail and institutional investors with exposure to a broad range of domestic companies.
YTD Price Performance: -7.43%
Average Trading Volume: 715,902
Technical Sentiment Signal: Hold
For an in-depth examination of AFI stock, go to TipRanks’ Overview page.