Infratil (ASX:IFT) Shares Outstanding (EOP): 999 Mil (As of Mar. 2026)


ASX:IFT Infratil Ltd ASX:IFT
74 GF Score
Price A$12.37
GF Value A$8.79
Valuation Significantly Overvalued
! 15 Warning Signs
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What is Infratil Shares Outstanding (EOP)?

Infratil ASX:IFT -0.08% 74 Shares Outstanding (EOP) is 999 Mil as of Mar. 2026. GuruFocus rates ASX:IFT with a GF Score™ of 74/100 and a GF Value™ of A$8.79 (Significantly Overvalued). The stock has 15 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Infratil's shares outstanding for the quarter that ended in Mar. 2026 was 999 Mil.

Infratil's quarterly shares outstanding increased from Sep. 2025 (980 Mil) to Mar. 2026 (999 Mil). It means Infratil issued new shares from Sep. 2025 to Mar. 2026 .

Infratil's annual shares outstanding increased from Mar. 2025 (968 Mil) to Mar. 2026 (999 Mil). It means Infratil issued new shares from Mar. 2025 to Mar. 2026 .


Infratil  (ASX:IFT) 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.


Infratil Shares Outstanding (EOP) Related Terms


Infratil Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Infratil'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.

Infratil Shares Outstanding (EOP) Chart

Infratil Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 723.98 723.98 832.57 968.09 999.31

Infratil Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 832.57 966.54 968.09 979.59 999.31

ASX:IFT vs HON, MMM: Shares Outstanding (EOP) Comparison

For the Conglomerates subindustry, Infratil'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.


Infratil Shares Outstanding (EOP) vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Infratil's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Infratil's Shares Outstanding (EOP) falls into.


ASX:IFT
74GF Score
Infratil Ltd ASX:IFT
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Infratil 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 999 Mil mean?
Infratil (ASX:IFT) has a Shares Outstanding (EOP) of 999 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Infratil and its competitors.
Is Infratil's Shares Outstanding (EOP) too high?
Infratil's current Shares Outstanding (EOP) is 999 Mil. Overall, Infratil has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Infratil's Shares Outstanding (EOP) compare to HON and MMM?
Infratil's Shares Outstanding (EOP) of 999 Mil can be compared against companies in the Conglomerates 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 a Conglomerates company?
A good Shares Outstanding (EOP) depends on the Conglomerates 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 Infratil and its competitors. Infratil's current Shares Outstanding (EOP) is 999 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infratil stock overvalued right now?
Based on GuruFocus' analysis, Infratil (ASX:IFT) is currently considered Significantly Overvalued. The stock's GF Value™ is A$8.79, compared to a current price of A$12.37 — trading 40.7% above its estimated fair value. The current Shares Outstanding (EOP) is 999 Mil. Infratil's overall GF Score™ is 74/100 with 15 warning signs 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 Infratil (ASX:IFT), the current Shares Outstanding (EOP) is 999 Mil as of Mar. 2026. 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 Infratil (ASX:IFT) Overvalued in 2026?

Based on GuruFocus' analysis, Infratil stock appears to be overvalued. The current stock price of A$12.37 is trading 40.7% above its estimated GF Value™ of A$8.79. GuruFocus considers Infratil to be Significantly Overvalued.

Key valuation signals for ASX:IFT:

  • Shares Outstanding (EOP): 999 Mil
  • GF Value™: A$8.79 vs. price of A$12.37 (40.7% above fair value)
  • GF Score™: 74/100 with 15 warning signs

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


Infratil Business Description

Address 5 Market Lane, P.O. Box 320, Wellington, NTL, NZL, 6140
Infratil Ltd is a New Zealand based company that invests in companies that are engaged in the energy, transport, and social infrastructure businesses. The company's business segments include Gurin Energy, Manawa Energy and Mint Renewables, which are renewable generation investments; Wellington International Airport is an airport investment; Qscan Group, RHCNZ Medical Imaging and Anytime Radiology Group are diagnostic imaging investments and One NZ is a digital infrastructure investment. Geographically, it derives a majority of its revenue from New Zealand; and other regions.
74GF Score

Get the complete analysis for ASX:IFT

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

A$12.37
Price
A$8.79
GF Value