Morphic Ethical Equity Fund (ASX:MEC) Shares Outstanding (EOP): 31.56 Mil (As of Dec. 2025)


ASX:MEC Morphic Ethical Equity Fund Ltd ASX:MEC
40 GF Score
Price A$1.34
GF Value A$0.78
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Morphic Ethical Equity Fund Shares Outstanding (EOP)?

Morphic Ethical Equity Fund ASX:MEC 40 Shares Outstanding (EOP) is 31.56 Mil as of Dec. 2025. GuruFocus rates ASX:MEC with a GF Score™ of 40/100 and a GF Value™ of A$0.78 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Morphic Ethical Equity Fund's shares outstanding for the quarter that ended in Dec. 2025 was 31.56 Mil.

Morphic Ethical Equity Fund's quarterly shares outstanding declined from Jun. 2025 (33.27 Mil) to Dec. 2025 (31.56 Mil). It means Morphic Ethical Equity Fund bought back shares from Jun. 2025 to Dec. 2025 .

Morphic Ethical Equity Fund's annual shares outstanding declined from Jun. 2024 (38.41 Mil) to Jun. 2025 (33.27 Mil). It means Morphic Ethical Equity Fund bought back shares from Jun. 2024 to Jun. 2025 .


Morphic Ethical Equity Fund  (ASX:MEC) 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.


Morphic Ethical Equity Fund Shares Outstanding (EOP) Related Terms


Morphic Ethical Equity Fund Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Morphic Ethical Equity Fund'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.

Morphic Ethical Equity Fund Shares Outstanding (EOP) Chart

Morphic Ethical Equity Fund Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Jun23 Jun24 Jun25
Shares Outstanding (EOP)
Get a 7-Day Free Trial 52.87 53.05 52.63 38.41 33.27

Morphic Ethical Equity Fund Semi-Annual Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 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 Premium Member Only 47.11 38.41 35.97 33.27 31.56

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

For the Asset Management subindustry, Morphic Ethical Equity Fund'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.


Morphic Ethical Equity Fund Shares Outstanding (EOP) vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Morphic Ethical Equity Fund's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Morphic Ethical Equity Fund's Shares Outstanding (EOP) falls into.


ASX:MEC
40GF Score
Morphic Ethical Equity Fund Ltd ASX:MEC
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Morphic Ethical Equity Fund 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 31.56 Mil mean?
Morphic Ethical Equity Fund (ASX:MEC) has a Shares Outstanding (EOP) of 31.56 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Morphic Ethical Equity Fund and its competitors.
Is Morphic Ethical Equity Fund's Shares Outstanding (EOP) too high?
Morphic Ethical Equity Fund's current Shares Outstanding (EOP) is 31.56 Mil. Overall, Morphic Ethical Equity Fund has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morphic Ethical Equity Fund's Shares Outstanding (EOP) compare to BLK and BX?
Morphic Ethical Equity Fund's Shares Outstanding (EOP) of 31.56 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 Morphic Ethical Equity Fund and its competitors. Morphic Ethical Equity Fund's current Shares Outstanding (EOP) is 31.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morphic Ethical Equity Fund stock overvalued right now?
Based on GuruFocus' analysis, Morphic Ethical Equity Fund (ASX:MEC) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.78, compared to a current price of A$1.34 — trading 71.2% above its estimated fair value. The current Shares Outstanding (EOP) is 31.56 Mil. Morphic Ethical Equity Fund's overall GF Score™ is 40/100 with 5 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 Morphic Ethical Equity Fund (ASX:MEC), the current Shares Outstanding (EOP) is 31.56 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 Morphic Ethical Equity Fund (ASX:MEC) Overvalued in 2026?

Based on GuruFocus' analysis, Morphic Ethical Equity Fund stock appears to be overvalued. The current stock price of A$1.34 is trading 71.2% above its estimated GF Value™ of A$0.78. GuruFocus considers Morphic Ethical Equity Fund to be Significantly Overvalued.

Key valuation signals for ASX:MEC:

  • Shares Outstanding (EOP): 31.56 Mil
  • GF Value™: A$0.78 vs. price of A$1.34 (71.2% above fair value)
  • GF Score™: 40/100 with 5 warning signs

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


Morphic Ethical Equity Fund Business Description

Address 179 Elizabeth Street, Level 11, Sydney, NSW, AUS, 2000
Morphic Ethical Equity Fund Ltd is an investment company. Its investment objective is to provide superior risk-adjusted returns to shareholders, comprising a combination of capital growth and income, thus allowing franked dividends to be paid to shareholders when prudent, and provided the company has sufficient profit reserves and franking credits available. The company invests in a portfolio of internationally listed securities screened to exclude entities involved in environmentally damaging activities (including coal and uranium, mining and oil and gas), intensive farming and aquaculture, tobacco, armaments, alcohol, and gambling. It earns revenue from dividend income, interest income, and other returns from the investment portfolio.
40GF Score

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

A$1.34
Price
A$0.78
GF Value