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| 52-week range | $6.53 - $7.638 |
|---|---|
| 50-day moving average | $6.8446 |
| 200-day moving average | $7.0641 |
| Target price | $6.01 |
| PE ratio | 28.13 |
| Dividend yield | $0.25 (3.55%) |
| Earnings per share (TTM) | $0.25 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$7.11
| 1 week (2023-12-01) | 0.85% |
|---|---|
| 1 month (2023-11-08) | 2.75% |
| 3 months (2023-09-08) | 1.86% |
| 6 months (2023-06-08) | 1.14% |
| 1 year (2022-12-08) | -5.95% |
|---|---|
| 2 years (2021-12-08) | -13.50% |
| 3 years (2020-12-08) | -1.39% |
| 5 years (2018-12-07) | 21.33% |
Valuing AFIC stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of AFIC's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
AFIC's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, AFIC shares trade at around 28x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
| Revenue TTM | $350 million |
|---|---|
| Operating margin TTM | 94.24% |
| Gross profit TTM | $350 million |
| Return on assets TTM | 2.41% |
| Return on equity TTM | 4.27% |
| Profit margin | 88.5% |
| Book value | 6.092 |
| Market capitalisation | $8.8 billion |
TTM: trailing 12 months
Dividend payout ratio: 1.92% of net profits
Recently AFIC has paid out, on average, around 1.92% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.55% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), AFIC shareholders could enjoy a 3.55% return on their shares, in the form of dividend payments. In AFIC's case, that would currently equate to about A$0.25 per share.
While AFIC's payout ratio might seem low, this can signify that AFIC is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 11 August 2023 (the "ex-dividend date").
AFIC's shares were split on a 1.1:1 basis on 15 August 1996. So if you had owned 1 share the day before the split, the next day you would own 1.1 shares. This wouldn't directly have changed the overall worth of your AFIC shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for AFIC shares which in turn could have impacted AFIC's share price.
Over the last 12 months, AFIC's shares have ranged in value from as little as $6.53 up to $7.638. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while AFIC's is 0.536. This would suggest that AFIC's shares are less volatile than average (for this exchange).
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.
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