BKI Investment Company Limited (ASX: BKI) confirms its pre-tax net tangible assets per share at AUD 1.94 for the week ending 19 December 2025. The Listed Investment Company continues its research-driven approach to long-term equity investments.
The pre-tax NTA figure represents an unaudited and indicative snapshot of the Company’s asset position. This BKI weekly net tangible assets update provides shareholders with transparency regarding the underlying portfolio value.
BKI Investment Company Limited NTA Performance Analysis
BKI Investment Company Limited NTA demonstrates the Company’s commitment to maintaining a robust portfolio structure. The AUD 1.94 pre-tax NTA positions the Company’s shares at a discount to the underlying asset value and remains a key reference point within the BKI weekly net tangible assets reporting framework.
The Listed Investment Company manages a diversified Australian equity portfolio through Contact Asset Management. Over 20 years of ASX listing experience support BKI’s long-term investment strategy outlined in the BKI Investment Update 2025.
Investment Strategy Remains Focused on Quality
BKI Investment Company Limited maintains its focus on profitable, high-yielding, and well-managed companies. The investment philosophy prioritises sustainable dividend income alongside capital growth potential.
Contact Asset Management’s research-driven process guides portfolio construction decisions. The Company targets businesses with strong management teams and competitive market positions across various sectors.
Financial Year 2025 Performance Highlights
For the year ended 30 June 2025, BKI Investment Company Limited reported total revenue of AUD 69.3 million. Operating profit after tax reached AUD 61.9 million for the financial period.
The Company’s investment portfolio increased 7% to AUD 1.58 billion as at 30 June 2025. Net profit attributable to shareholders was AUD 61.9 million for the full year.
Total portfolio return, including franking credits, delivered 13.4% for the 12-month period. This compares to the S&P/ASX 300 Accumulation Index return of 15.2% over the same timeframe.
Dividend Income Provides Reliable Returns
BKI paid total dividends of 7.90 cents per share for the financial year 2025. The final ordinary dividend of 4.00 cents per share maintained consistency with the prior year.
All dividends distributed by BKI Investment Company Limited carry full franking credits. The grossed-up dividend yield reached 6.4% based on the 30 June 2025 share price.
Top Holdings Drive Portfolio Composition
Commonwealth Bank represents the largest holding at 10.1% of the portfolio. National Australia Bank accounts for 7.4% of total investments as at 30 June 2025.
BHP Group comprises 6.1% of portfolio weighting, whilst Wesfarmers holds 5.1% allocation. The top 25 investments plus cash represent 89.5% of total portfolio value.
Financial sector exposure dominates at 25.8% of total investments. Industrials account for 11.4%, with consumer discretionary stocks representing 10.5% of the portfolio.
Portfolio Diversification Mitigates Investment Risk
BKI Investment Company Limited holds 39 stocks across diverse sectors as at 30 June 2025. This diversification strategy reduces concentration risk whilst maintaining exposure to quality businesses.
No single holding exceeds 10.1% of total portfolio value, ensuring balanced exposure. The Company’s investment approach avoids over-concentration in any single security or sector.
Portfolio rebalancing during the financial year 2025 included strategic adjustments to major holdings. Management reduced positions in Macquarie Group, Commonwealth Bank, and National Australia Bank to maintain appropriate weightings.
The Company sold its position in Nine Entertainment Holdings following underwhelming results. BKI established new holdings, including Johns Lyng Group, a leading building restoration services provider.
Management Expense Ratio Stays Competitive
BKI’s management expense ratio stood at 0.166% for the year ended 30 June 2025. This compares favourably against externally managed Listed Investment Companies and exchange-traded funds.
The Company maintains no debt facilities, eliminating interest expense burdens. This capital structure preserves shareholder returns and maintains financial flexibility for opportunistic investments.
Market Outlook and Portfolio Positioning
Global economic conditions continue to present volatility across equity markets. Within the broader BKI investment update 2025, geopolitical tensions, trade uncertainties, and interest rate expectations influence investment decision-making and portfolio positioning.
The Reserve Bank of Australia’s monetary policy decisions will play a key role in shaping consumer confidence and corporate earnings, which may impact future movements in BKI Investment Company Limited NTA.
Share Price Performance Review
BKI Investment Company Limited shares currently trade at AUD 1.705 per share. The Company’s share price closed at AUD 1.695 on 19 December 2025.
The 52-week trading range spans from AUD 1.527 to AUD 1.890 per share over the past year. Market capitalisation stands at approximately AUD 1.36 billion based on current share price levels.
The Company’s total shareholder return for the financial year 2025 reached 11.5%. This return includes both capital appreciation and fully franked dividend payments distributed throughout the period.
The BKI weekly net tangible assets announcement confirms the Company’s solid asset backing position. Investors can access these regular updates to track portfolio value movements.
FAQs
Q1. What is BKI Investment Company Limited NTA as of December 2025?
Ans. BKI Investment Company Limited NTA stands at AUD 1.94 per share on a pre-tax basis as at 19 December 2025. This represents the underlying asset value per share before deferred tax provisions.
Q2. How does BKI’s share price compare to its net tangible assets?
Ans. The BKI share price of AUD 1.695 trades at a 12.6% discount to the pre-tax NTA of AUD 1.94. This discount may represent value for investors seeking exposure to the diversified portfolio.
Q3. What dividend yield does BKI Investment Company Limited offer?
Ans. BKI offers a grossed-up dividend yield of 6.4% based on total financial year 2025 dividends of 7.90 cents per share. All dividends are fully franked at the 30% corporate tax rate.
Q4. What is BKI’s management expense ratio?
Ans. BKI’s management expense ratio is 0.166% as at 30 June 2025. This low-cost structure compares favourably against other Listed Investment Companies and managed funds in the Australian market.
