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Australian Foundation Investment Company Limited

AFI.AXFinancial ServicesASX

Asset Management

PriceMA150MA200
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Financials · Annual
Revenue
$329.2M
-2.6% YoY
Net Income
$284.9M
-3.8% YoY
Free Cash Flow
$170.2M

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About Australian Foundation Investment Company Limited

Australian Foundation Investment Company Limited is a publicly owned investment manager. With a market capitalization of $8.15B, it sits in mid-cap territory. The firm invests in the public equity markets of Australia and New Zealand.

Key stats
Market Cap$8.15B
P/E (TTM)29.77
EPS$0.22
Beta0.40
52W Change-9.5%
Dividend Yield4.05%
ROE3.3%
Analysis

Australian Foundation Investment Company Limited reports $131.6M in cash and $0 in total debt. Annual free cash flow of $170.2M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 3.3%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.9% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $393.2M (2022) to $329.2M (2025), a 16% decline worth watching.

With a beta below 0.7, Australian Foundation Investment Company Limited typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Australian Foundation Investment Company Limited's trajectory.

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