Waterco (ASX:WAT) Shares Outstanding (EOP): 35.2 Mil (As of Dec. 2025)


ASX:WAT Waterco Ltd ASX:WAT
84 GF Score
Price A$5.20
GF Value A$7.63
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Waterco Shares Outstanding (EOP)?

Waterco ASX:WAT 84 Shares Outstanding (EOP) is 35.2 Mil as of Dec. 2025. GuruFocus rates ASX:WAT with a GF Score™ of 84/100 and a GF Value™ of A$7.63 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Waterco's shares outstanding for the quarter that ended in Dec. 2025 was 35.2 Mil.

Waterco's quarterly shares outstanding declined from Jun. 2025 (35.2 Mil) to Dec. 2025 (35.2 Mil). It means Waterco bought back shares from Jun. 2025 to Dec. 2025 .

Waterco's annual shares outstanding declined from Jun. 2024 (35.2 Mil) to Jun. 2025 (35.2 Mil). It means Waterco bought back shares from Jun. 2024 to Jun. 2025 .


Waterco  (ASX:WAT) 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.


Waterco Shares Outstanding (EOP) Related Terms


Waterco Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Waterco'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.

Waterco Shares Outstanding (EOP) Chart

Waterco Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.72 35.49 35.19 35.19 35.17

Waterco Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.19 35.19 35.17 35.17 35.16

ASX:WAT vs VLTO, ZWS, CECO: Shares Outstanding (EOP) Comparison

For the Pollution & Treatment Controls subindustry, Waterco'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.


Waterco Shares Outstanding (EOP) vs Industrial Products Industry

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

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


ASX:WAT
84GF Score
Waterco Ltd ASX:WAT
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Waterco 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 35.2 Mil mean?
Waterco (ASX:WAT) has a Shares Outstanding (EOP) of 35.2 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Waterco and its competitors.
Is Waterco's Shares Outstanding (EOP) too high?
Waterco's current Shares Outstanding (EOP) is 35.2 Mil. Overall, Waterco has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waterco's Shares Outstanding (EOP) compare to VLTO and ZWS?
Waterco's Shares Outstanding (EOP) of 35.2 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Shares Outstanding (EOP) depends on the Industrial Products 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 Waterco and its competitors. Waterco's current Shares Outstanding (EOP) is 35.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waterco stock overvalued right now?
Based on GuruFocus' analysis, Waterco (ASX:WAT) is currently considered Significantly Undervalued. The stock's GF Value™ is A$7.63, compared to a current price of A$5.20 — trading 31.8% below its estimated fair value. The current Shares Outstanding (EOP) is 35.2 Mil. Waterco's overall GF Score™ is 84/100 with 4 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 Waterco (ASX:WAT), the current Shares Outstanding (EOP) is 35.2 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 Waterco (ASX:WAT) Overvalued in 2026?

Based on GuruFocus' analysis, Waterco stock appears to be undervalued. The current stock price of A$5.20 is trading 31.8% below its estimated GF Value™ of A$7.63. GuruFocus considers Waterco to be Significantly Undervalued.

Key valuation signals for ASX:WAT:

  • Shares Outstanding (EOP): 35.2 Mil
  • GF Value™: A$7.63 vs. price of A$5.20 (31.8% below fair value)
  • GF Score™: 84/100 with 4 warning signs

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


Waterco Business Description

Other Exchanges 3W4:Germany
Address 36 South Street, Rydalmere, Sydney, NSW, AUS, 2116
Waterco Ltd designs, manufactures, and distributes filtration and sanitisation products for swimming pools, spas, aquaculture, and water purification sectors. The company serves residential, commercial, and industrial markets in various countries. Waterco operates manufacturing and R&D facilities in Australia, New Zealand, Malaysia, China, and other countries. It also franchises Swimart, a pool and spa retail network in Australia and New Zealand, and is the exclusive distributor of Zane Solar Pool Heating systems. Waterco's product range includes pool equipment, water treatment systems, chemicals, and solar heating solutions. The company generates revenue predominantly through the sales of pool and spa equipment, water treatment systems, and franchising operations.
84GF 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$5.20
Price
A$7.63
GF Value