ELASX:EIM Shares Outstanding (EOP) is 34.86 Mil as of Dec. 2013. The stock has 3 warning signs investors should review.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. EL's shares outstanding for the quarter that ended in Dec. 2013 was 34.86 Mil.
EL's quarterly shares outstanding
declined
from Jun. 2013 (35.29 Mil) to Dec. 2013 (34.86 Mil).
It means ELbought back shares from Jun. 2013 to Dec. 2013 .
EL's annual shares outstanding
increased
from Dec. 2012 (32.81 Mil) to Dec. 2013 (35.08 Mil).
It means ELissued new shares from Dec. 2012 to Dec. 2013 .
EL (ASX:EIM) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
EL Shares Outstanding (EOP) Related Terms
EL Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for EL's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the subindustry, EL's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
EL Shares Outstanding (EOP) vs Industry
For the industry and sector, EL's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where EL's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 34.86 Mil mean?
EL (ASX:EIM) has a Shares Outstanding (EOP) of 34.86 Mil as of Dec. 2013. The total shares a company has outstanding, at period-end. View historical data on EL and its competitors.
Is EL's Shares Outstanding (EOP) too high?
EL's current Shares Outstanding (EOP) is 34.86 Mil.
How does EL's Shares Outstanding (EOP) compare to competitors?
EL's Shares Outstanding (EOP) is 34.86 Mil. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a company?
A good Shares Outstanding (EOP) depends on the industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on EL and its competitors. EL's current Shares Outstanding (EOP) is 34.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EL stock overvalued right now?
EL (ASX:EIM) has a current Shares Outstanding (EOP) of 34.86 Mil. The current Shares Outstanding (EOP) is 34.86 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For EL (ASX:EIM), the current Shares Outstanding (EOP) is 34.86 Mil as of Dec. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
EL Corporation Limited was incorporated and domiciled in Australia. The Company's activities during the financial year were the import, design, sales, service and support of computer and communication systems and equipment; provision of information technology education, systems design; and integration and development of consultancy services. The activities were changed at the annual general meeting held on 31st May 2012, with shareholders' approval to include mining and exploration activities in connection with the intended acquisition of the Birthday Mine. The Company operates in Australia, New Zealand, and Taiwan.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:EIM has been successfully added to your 