Hearts And Minds Investments (ASX:HM1) Shares Outstanding (EOP): 228.98 Mil (As of Dec. 2025)


ASX:HM1 Hearts And Minds Investments Ltd ASX:HM1
37 GF Score
Price A$2.86
GF Value A$1.51
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Hearts And Minds Investments Shares Outstanding (EOP)?

Hearts And Minds Investments ASX:HM1 37 Shares Outstanding (EOP) is 228.98 Mil as of Dec. 2025. GuruFocus rates ASX:HM1 with a GF Score™ of 37/100 and a GF Value™ of A$1.51 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Hearts And Minds Investments's shares outstanding for the quarter that ended in Dec. 2025 was 228.98 Mil.

Hearts And Minds Investments's quarterly shares outstanding stayed the same from Jun. 2025 (228.98 Mil) to Dec. 2025 (228.98 Mil).

Hearts And Minds Investments's annual shares outstanding stayed the same from Jun. 2024 (228.98 Mil) to Jun. 2025 (228.98 Mil).


Hearts And Minds Investments  (ASX:HM1) 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.


Hearts And Minds Investments Shares Outstanding (EOP) Related Terms


Hearts And Minds Investments Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Hearts And Minds Investments'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.

Hearts And Minds Investments Shares Outstanding (EOP) Chart

Hearts And Minds Investments Annual Data
Trend Oct18 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (EOP)
Get a 7-Day Free Trial 226.03 227.85 228.80 228.98 228.98

Hearts And Minds Investments Semi-Annual Data
Oct18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 227.85 228.98 228.98 228.98 228.98

ASX:HM1 vs BLK, BX, KKR: Shares Outstanding (EOP) Comparison

For the Asset Management subindustry, Hearts And Minds Investments'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.


Hearts And Minds Investments Shares Outstanding (EOP) vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Hearts And Minds Investments's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Hearts And Minds Investments's Shares Outstanding (EOP) falls into.


ASX:HM1
37GF Score
Hearts And Minds Investments Ltd ASX:HM1
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Hearts And Minds Investments Shares Outstanding (EOP) Calculation

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.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 228.98 Mil mean?
Hearts And Minds Investments (ASX:HM1) has a Shares Outstanding (EOP) of 228.98 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Hearts And Minds Investments and its competitors.
Is Hearts And Minds Investments' Shares Outstanding (EOP) too high?
Hearts And Minds Investments' current Shares Outstanding (EOP) is 228.98 Mil. Overall, Hearts And Minds Investments has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hearts And Minds Investments' Shares Outstanding (EOP) compare to BLK and BX?
Hearts And Minds Investments' Shares Outstanding (EOP) of 228.98 Mil can be compared against companies in the Asset Management industry. 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 an Asset Management company?
A good Shares Outstanding (EOP) depends on the Asset Management 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 Hearts And Minds Investments and its competitors. Hearts And Minds Investments's current Shares Outstanding (EOP) is 228.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hearts And Minds Investments stock overvalued right now?
Based on GuruFocus' analysis, Hearts And Minds Investments (ASX:HM1) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.51, compared to a current price of A$2.86 — trading 89.4% above its estimated fair value. The current Shares Outstanding (EOP) is 228.98 Mil. Hearts And Minds Investments' overall GF Score™ is 37/100 with 1 warning sign to review. 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 Hearts And Minds Investments (ASX:HM1), the current Shares Outstanding (EOP) is 228.98 Mil as of Dec. 2025. 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.

Is Hearts And Minds Investments (ASX:HM1) Overvalued in 2026?

Based on GuruFocus' analysis, Hearts And Minds Investments stock appears to be overvalued. The current stock price of A$2.86 is trading 89.4% above its estimated GF Value™ of A$1.51. GuruFocus considers Hearts And Minds Investments to be Significantly Overvalued.

Key valuation signals for ASX:HM1:

  • Shares Outstanding (EOP): 228.98 Mil
  • GF Value™: A$1.51 vs. price of A$2.86 (89.4% above fair value)
  • GF Score™: 37/100 with 1 warning sign

No single metric tells the full story. See the ASX:HM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hearts And Minds Investments Business Description

Address 2 Chifley Square, Suite 12.04, Level 12, Chifley Tower, Sydney, NSW, AUS, 2000
Hearts And Minds Investments Ltd is a listed investment company. The company strives to deliver attractive equity investment returns for shareholders while providing funding for Australian medical research. It derives revenue from dividend income, interest income, and the sale of its investments. Geographically, the company has investments in the United States, Australia, Hong Kong, Germany, Canada, and the United Kingdom.
37GF Score

Get the complete analysis for ASX:HM1

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.86
Price
A$1.51
GF Value