Property For Industry (FRA:PWJ) Shares Outstanding (EOP): 502.29 Mil (As of Dec. 2025)


FRA:PWJ Property For Industry Ltd FRA:PWJ
79 GF Score
Price €1.14
GF Value €1.10
! 8 Warning Signs
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What is Property For Industry Shares Outstanding (EOP)?

Property For Industry FRA:PWJ +1.60% 79 Shares Outstanding (EOP) is 502.29 Mil as of Dec. 2025. GuruFocus rates FRA:PWJ with a GF Score™ of 79/100 and a GF Value™ of €1.10. The stock has 8 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Property For Industry's shares outstanding for the quarter that ended in Dec. 2025 was 502.29 Mil.

Property For Industry's quarterly shares outstanding increased from Jun. 2025 (502.28 Mil) to Dec. 2025 (502.29 Mil). It means Property For Industry issued new shares from Jun. 2025 to Dec. 2025 .

Property For Industry's annual shares outstanding increased from Dec. 2023 (502.13 Mil) to Jun. 2025 (502.28 Mil). It means Property For Industry issued new shares from Dec. 2023 to Jun. 2025 .


Property For Industry  (FRA:PWJ) 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.


Property For Industry Shares Outstanding (EOP) Related Terms


Property For Industry Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Property For Industry'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.

Property For Industry Shares Outstanding (EOP) Chart

Property For Industry Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Jun25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 501.30 505.49 502.05 502.13 502.28

Property For Industry 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 502.13 502.20 502.20 502.28 502.29

FRA:PWJ vs PLD, PSA, EXR: Shares Outstanding (EOP) Comparison

For the REIT - Industrial subindustry, Property For Industry'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.


Property For Industry Shares Outstanding (EOP) vs REITs Industry

For the REITs industry and Real Estate sector, Property For Industry's Shares Outstanding (EOP) distribution charts can be found below:

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


FRA:PWJ
79GF Score
Property For Industry Ltd FRA:PWJ
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Property For Industry 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 502.29 Mil mean?
Property For Industry (FRA:PWJ) has a Shares Outstanding (EOP) of 502.29 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Property For Industry and its competitors.
Is Property For Industry's Shares Outstanding (EOP) too high?
Property For Industry's current Shares Outstanding (EOP) is 502.29 Mil. Overall, Property For Industry has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Property For Industry's Shares Outstanding (EOP) compare to PLD and PSA?
Property For Industry's Shares Outstanding (EOP) of 502.29 Mil can be compared against companies in the REITs 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 REITs company?
A good Shares Outstanding (EOP) depends on the REITs 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 Property For Industry and its competitors. Property For Industry's current Shares Outstanding (EOP) is 502.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Property For Industry stock overvalued right now?
Property For Industry (FRA:PWJ) has a current Shares Outstanding (EOP) of 502.29 Mil. The stock's GF Value™ is €1.10, compared to a current price of €1.14 — trading 3.8% above its estimated fair value. The current Shares Outstanding (EOP) is 502.29 Mil. Property For Industry's overall GF Score™ is 79/100 with 8 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 Property For Industry (FRA:PWJ), the current Shares Outstanding (EOP) is 502.29 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 Property For Industry (FRA:PWJ) Overvalued in 2026?

Based on GuruFocus' analysis, Property For Industry stock appears to be overvalued. The current stock price of €1.14 is trading 3.8% above its estimated GF Value™ of €1.10.

Key valuation signals for FRA:PWJ:

  • Shares Outstanding (EOP): 502.29 Mil
  • GF Value™: €1.10 vs. price of €1.14 (3.8% above fair value)
  • GF Score™: 79/100 with 8 warning signs

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


Property For Industry Business Description

Industry Real EstateREITs
Other Exchanges PFI:New Zealand
Address 15 Galway Street, Level 4, Hayman Kronfeld Building, Auckland, NZL, 1010
Property For Industry Ltd is a New Zealand-based industrial property investment company. The company's portfolio is predominantly composed of industrial properties. Its investment properties are solely located in New Zealand, with the majority in Auckland and the remaining in other New Zealand cities. Its tenants encompass large enterprises such as Fisher and Paykel Appliances, Fletcher Building Products, Brambles, and Cottonsoft, among others. Rental and management fee income represents nearly all of its operating revenue.
79GF Score

Get the complete analysis for FRA:PWJ

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

€1.14
Price
€1.10
GF Value