Harju Elekter Group (FRA:HD8) Shares Outstanding (EOP): 18.6 Mil (As of Jun. 2026)

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FRA:HD8 Harju Elekter Group FRA:HD8
66 GF Score
Price €4.89
GF Value €4.10
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Harju Elekter Group Shares Outstanding (EOP)?

Harju Elekter Group FRA:HD8 -0.41% 66 Shares Outstanding (EOP) is 18.6 Mil as of Jun. 2026. GuruFocus rates FRA:HD8 with a GF Score™ of 66/100 and a GF Value™ of €4.10 (Modestly Overvalued). 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. Harju Elekter Group's shares outstanding for the quarter that ended in Jun. 2026 was 18.6 Mil.

Harju Elekter Group's quarterly shares outstanding stayed the same from Mar. 2026 (18.6 Mil) to Jun. 2026 (18.6 Mil).

Harju Elekter Group's annual shares outstanding increased from Dec. 2024 (18.5 Mil) to Dec. 2025 (18.5 Mil). It means Harju Elekter Group issued new shares from Dec. 2024 to Dec. 2025 .


Harju Elekter Group  (FRA:HD8) 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.


Harju Elekter Group Shares Outstanding (EOP) Related Terms


Harju Elekter Group Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Harju Elekter Group'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.

Harju Elekter Group Shares Outstanding (EOP) Chart

Harju Elekter Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.02 18.29 18.50 18.50 18.53

Harju Elekter Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 18.50 18.53 18.53 18.58 18.58

FRA:HD8 vs VRT, BE, HUBB: Shares Outstanding (EOP) Comparison

For the Electrical Equipment & Parts subindustry, Harju Elekter Group'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.


Harju Elekter Group Shares Outstanding (EOP) vs Industrial Products Industry

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

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


FRA:HD8
66GF Score
Harju Elekter Group FRA:HD8
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Harju Elekter Group 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 18.6 Mil mean?
Harju Elekter Group (FRA:HD8) has a Shares Outstanding (EOP) of 18.6 Mil as of Jun. 2026. The total shares a company has outstanding, at period-end. View historical data on Harju Elekter Group and its competitors.
Is Harju Elekter Group's Shares Outstanding (EOP) too high?
Harju Elekter Group's current Shares Outstanding (EOP) is 18.6 Mil. Overall, Harju Elekter Group has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harju Elekter Group's Shares Outstanding (EOP) compare to VRT and BE?
Harju Elekter Group's Shares Outstanding (EOP) of 18.6 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 Harju Elekter Group and its competitors. Harju Elekter Group's current Shares Outstanding (EOP) is 18.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harju Elekter Group stock overvalued right now?
Based on GuruFocus' analysis, Harju Elekter Group (FRA:HD8) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.10, compared to a current price of €4.89 — trading 19.3% above its estimated fair value. The current Shares Outstanding (EOP) is 18.6 Mil. Harju Elekter Group's overall GF Score™ is 66/100 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 Harju Elekter Group (FRA:HD8), the current Shares Outstanding (EOP) is 18.6 Mil as of Jun. 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 Harju Elekter Group (FRA:HD8) Overvalued in 2026?

Based on GuruFocus' analysis, Harju Elekter Group stock appears to be overvalued. The current stock price of €4.89 is trading 19.3% above its estimated GF Value™ of €4.10. GuruFocus considers Harju Elekter Group to be Modestly Overvalued.

Key valuation signals for FRA:HD8:

  • Shares Outstanding (EOP): 18.6 Mil
  • GF Value™: €4.10 vs. price of €4.89 (19.3% above fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the FRA:HD8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harju Elekter Group Business Description

Other Exchanges HAE1T:EstoniaHD8:Germany
Address Paldiski maantee 31/2, Keila, EST, 76606
Harju Elekter Group is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Its Other activities include the management of financial investments, electrical installation works in shipbuilding, and the retail and project sales of electrical goods.
66GF Score

Get the complete analysis for FRA:HD8

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

€4.89
Price
€4.10
GF Value