Asahi Industries (BOM:514482) Shares Outstanding (EOP): 66.44 Mil (As of Jun. 2021)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:514482 Asahi Industries Ltd BOM:514482
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What is Asahi Industries Shares Outstanding (EOP)?

Asahi Industries BOM:514482 4 Shares Outstanding (EOP) is 66.44 Mil as of Jun. 2021. GuruFocus rates BOM:514482 with a GF Score™ of 4/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Asahi Industries's shares outstanding for the quarter that ended in Jun. 2021 was 66.44 Mil.

Asahi Industries's quarterly shares outstanding stayed the same from Mar. 2021 (66.44 Mil) to Jun. 2021 (66.44 Mil).

Asahi Industries's annual shares outstanding stayed the same from Mar. 2020 (66.44 Mil) to Mar. 2021 (66.44 Mil).


Asahi Industries  (BOM:514482) 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.


Asahi Industries Shares Outstanding (EOP) Related Terms


Asahi Industries Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Asahi Industries'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.

Asahi Industries Shares Outstanding (EOP) Chart

Asahi Industries Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.44 66.44 66.44 66.44 66.44

Asahi Industries Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21
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 66.44 66.44 66.44 66.44 66.44

BOM:514482 vs AIN: Shares Outstanding (EOP) Comparison

For the Textile Manufacturing subindustry, Asahi Industries'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.


Asahi Industries Shares Outstanding (EOP) vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Asahi Industries's Shares Outstanding (EOP) distribution charts can be found below:

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


BOM:514482
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Asahi Industries Ltd BOM:514482
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Asahi Industries 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 66.44 Mil mean?
Asahi Industries (BOM:514482) has a Shares Outstanding (EOP) of 66.44 Mil as of Jun. 2021. The total shares a company has outstanding, at period-end. View historical data on Asahi Industries and its competitors.
Is Asahi Industries' Shares Outstanding (EOP) too high?
Asahi Industries' current Shares Outstanding (EOP) is 66.44 Mil. Overall, Asahi Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Asahi Industries' Shares Outstanding (EOP) compare to AIN?
Asahi Industries' Shares Outstanding (EOP) of 66.44 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Shares Outstanding (EOP) depends on the Manufacturing - Apparel & Accessories 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 Asahi Industries and its competitors. Asahi Industries's current Shares Outstanding (EOP) is 66.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Industries stock overvalued right now?
Asahi Industries (BOM:514482) has a current Shares Outstanding (EOP) of 66.44 Mil. The current Shares Outstanding (EOP) is 66.44 Mil. Asahi Industries' overall GF Score™ is 4/100. 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 Asahi Industries (BOM:514482), the current Shares Outstanding (EOP) is 66.44 Mil as of Jun. 2021. 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.

Asahi Industries Business Description

Address 396, Veer Savarkar Marg, Ground Floor, Kamat Industrial Estate, Prabhadevi, Mumbai, MH, IND, 400025
Asahi Industries Ltd manufactures and exports cotton and polyester yarn.
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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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