Australian Foundation Investment Company Limited [ASX:AFI] share price and news 2022

Company Description

Australian Foundation Investment Company Limited (AFI) is a Company focussed on investing in Australian companies with unique high-quality assets, brands and/or business footprints that can withstand the business cycles. We also look for management and Board strength and for sound, disciplined financial metrics covering returns on investment, profit margins, cash flow and gearing.

Australian Foundation Investment Company Limited belongs to Financials sector and under industry of Other Diversified Financial Services. You can get more information about this company via their website: http://www.afi.com.au.

This is a mid cap company with market cap of 9021 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is greater than both sector and market. while Company PB is greater than sector but less than market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0.64 37.2 1.43 0
Market 0.85 22.3 1.99 0.84
Sector 1.02 23.4 1.15 1.09

Dividend Growth Chart

The following chart shows you how afi dividend grows in the recent years.