Australian Foundation Investment Company Limited (AFOVF) Stock

About Australian Foundation Investment Company Limited

Australian Foundation Investment Company Limited (AFIC) operates as a publicly traded asset management firm. Its primary focus involves allocating capital within the public stock markets of both Australia and New Zealand, specifically targeting businesses identified as undervalued. The company's investment strategy encompasses a broad spectrum of industries, and it meticulously gauges its portfolio's returns against the S&P/ASX 200 Accumulation Index. To pinpoint suitable investments, AFIC employs a rigorous approach rooted in fundamental analysis, emphasizing detailed, bottom-up research conducted by its internal team. AFIC, established in 1928, maintains its headquarters in Melbourne, Australia.

Australian Foundation Investment Company Limited is headquartered in AU.

Australian Foundation Investment Company Limited (AFOVF) stock trades at $4.61 with a market capitalization of $5.68B. The stock is valued at a price-to-earnings (P/E) ratio of 31.55, price-to-book of 1.04, price-to-sales of 26.15. Over the past 52 weeks the stock has ranged between $4.61 and $4.76, and currently trades 3.2% below its 52-week high. It pays a dividend yielding 4.34%.

On profitability, Australian Foundation Investment Company Limited generates a return on equity (ROE) of 3.25%, return on capital employed of 3.07%, an operating margin of 93.43%, a net profit margin of 84.97%.

Official website: www.afi.com.au