Australian Foundation Investment Company Limited Share Price and Company Fundamentals
Last traded: Today at 9:24 PM
Australian Foundation Investment Company Limited is a publicly owned investment manager. The firm invests in the public equity markets of Australia and New Zealand. It invests in value stocks of companies. It benchmarks the performance of its portfolio against S&P/ASX 200 Accumulation Index. It invests in companies across diversified industries. The firm employs fundamental analysis with a focus on bottom-up research to make its investments. The firm conducts in-house research to make its investments. Australian Foundation Investment Company Limited was founded in 1928 and is based in Melbourne, Australia.
Key Metrics
PE ratio
23.23
PB ratio
1.27
Dividend yield
5.18%
Beta
0.52
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Asset Management / Financial Services |
|---|---|
| Website | https://www.afi.com.au |
| Mailing address | 101 Collins Street Level 21 Melbourne VIC 3000 Australia |
| Phone / Fax | 61 3 9650 9911 / 61 3 9650 9100 |
Dividends
Dividend yield
5.18%
Dividend amount
$0.40
Payout ratio
84.84%
Australian Foundation Investment Company Limited paid $0.40 dividend and the ex-dividend date was 02 Feb 2023.The dividend payout ratio is 84.84%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.AFI dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.
AFI's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Mar 2023, following are the company executives and directors listed on Australian Foundation Investment Company Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Robert Mark Freeman AMP (INSEAD), B.E., BE, Gr.Dip AppFin, M.B.A., MBA | MD, CEO & Director | 899.54k | |
| Mr. Andrew J. B. Porter F.C.A., FCA, M.A., M.A.I.C.D., MA (Hons), MAICD | CFO & Company Sec. | 578.16k | |
| Mr. Geoffrey N. Driver B Ec, GradDip Fin., M.A.I.C.D., MAICD | Gen. Mang. of Bus. Devel. & Investor Relations | 476.67k | |
| Mr. Matthew John Rowe ACIS, AGIA, B.A., BA (Hons), FCIS, FGIA, M.S., MSc | Company Sec. | 252.45k | |
| David Grace | Sr. Portfolio Mang. | ||
| Mr. Kieran Kennedy C.F.A., CFA | Investment Analyst | ||
| Ms. Nga Lucas | Investment Analyst |
Profitability and management effectiveness
Profit margin
92.26%
Operating margin
95.54%
Return on assets
2.70%
Return on equity
5.00%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Australian Foundation Investment Company Limited is and its enterprise value is .
The AFI's stocks Beta value is 0.52 making it 48% less volatile compared to NZX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Australian Foundation Investment Company Limited (NZX:AFI) Frequently Asked Questions
1. What is Australian Foundation Investment Company Limited's Stock Symbol?
Australian Foundation Investment Company Limited trades on NZX under the ticker symbol "AFI".
2. What is Australian Foundation Investment Company Limited's stock price today?
One share of AFI stock can currently be purchased for approximately $7.75.
3. How can I contact Australian Foundation Investment Company Limited?
Australian Foundation Investment Company Limited's mailing address is 101 Collins Street Level 21 Melbourne VIC 3000 Australia. The company can be reached via phone at 61 3 9650 9911.
4. What is Australian Foundation Investment Company Limited's official website?
The official website of Australian Foundation Investment Company Limited is https://www.afi.com.au.