Keppel DC REIT (FRA:R09) Shares Outstanding (EOP): 2,440.7 Mil (As of Dec. 2025)


FRA:R09 Keppel DC REIT FRA:R09
63 GF Score
Price €1.50
GF Value €1.63
Valuation Fairly Valued
! 10 Warning Signs
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What is Keppel DC REIT Shares Outstanding (EOP)?

Keppel DC REIT FRA:R09 63 Shares Outstanding (EOP) is 2,440.7 Mil as of Dec. 2025. GuruFocus rates FRA:R09 with a GF Score™ of 63/100 and a GF Value™ of €1.63 (Fairly Valued). The stock has 10 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Keppel DC REIT's shares outstanding for the quarter that ended in Dec. 2025 was 2,440.7 Mil.

Keppel DC REIT's quarterly shares outstanding increased from Jun. 2025 (2,265.5 Mil) to Dec. 2025 (2,440.7 Mil). It means Keppel DC REIT issued new shares from Jun. 2025 to Dec. 2025 .

Keppel DC REIT's annual shares outstanding increased from Dec. 2024 (2,218.1 Mil) to Dec. 2025 (2,440.7 Mil). It means Keppel DC REIT issued new shares from Dec. 2024 to Dec. 2025 .


Keppel DC REIT  (FRA:R09) 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.


Keppel DC REIT Shares Outstanding (EOP) Related Terms


Keppel DC REIT Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Keppel DC REIT'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.

Keppel DC REIT Shares Outstanding (EOP) Chart

Keppel DC REIT 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 1,742.81 1,746.00 1,748.82 2,218.09 2,440.73

Keppel DC REIT 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 1,748.82 1,750.61 2,218.09 2,265.51 2,440.73

FRA:R09 vs BXP, ARE, VNO: Shares Outstanding (EOP) Comparison

For the REIT - Office subindustry, Keppel DC REIT'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.


Keppel DC REIT Shares Outstanding (EOP) vs REITs Industry

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

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


FRA:R09
63GF Score
Keppel DC REIT FRA:R09
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Keppel DC REIT 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 2,440.7 Mil mean?
Keppel DC REIT (FRA:R09) has a Shares Outstanding (EOP) of 2,440.7 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Keppel DC REIT and its competitors.
Is Keppel DC REIT's Shares Outstanding (EOP) too high?
Keppel DC REIT's current Shares Outstanding (EOP) is 2,440.7 Mil. Overall, Keppel DC REIT has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keppel DC REIT's Shares Outstanding (EOP) compare to BXP and ARE?
Keppel DC REIT's Shares Outstanding (EOP) of 2,440.7 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 Keppel DC REIT and its competitors. Keppel DC REIT's current Shares Outstanding (EOP) is 2,440.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel DC REIT stock overvalued right now?
Based on GuruFocus' analysis, Keppel DC REIT (FRA:R09) is currently considered Fairly Valued. The stock's GF Value™ is €1.63, compared to a current price of €1.50 — trading 8% below its estimated fair value. The current Shares Outstanding (EOP) is 2,440.7 Mil. Keppel DC REIT's overall GF Score™ is 63/100 with 10 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 Keppel DC REIT (FRA:R09), the current Shares Outstanding (EOP) is 2,440.7 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 Keppel DC REIT (FRA:R09) Overvalued in 2026?

Based on GuruFocus' analysis, Keppel DC REIT stock appears to be undervalued. The current stock price of €1.50 is trading 8% below its estimated GF Value™ of €1.63. GuruFocus considers Keppel DC REIT to be Fairly Valued.

Key valuation signals for FRA:R09:

  • Shares Outstanding (EOP): 2,440.7 Mil
  • GF Value™: €1.63 vs. price of €1.50 (8% below fair value)
  • GF Score™: 63/100 with 10 warning signs

No single metric tells the full story. See the FRA:R09 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keppel DC REIT Business Description

Industry Real EstateREITs
Other Exchanges KPDCF:USAAJBU:Singapore
Address 16 Collyer Quay, No. 07-01, Singapore, SGP, 049318
Keppel DC REIT is a real estate investment trust that principally invests in real estate assets used primarily for data center purposes and assets necessary to support the digital economy. As at March 31, 2026, it held a SGD 6.3 billion portfolio of 25 properties across 10 countries in Asia and Europe. Its properties are leased out as colocation, fully fitted, and shell and core data centers. The trust is externally managed by Keppel DC REIT Management Pte. Ltd., and parent company Keppel Limited owns around a 20% stake in the trust.
63GF Score

Get the complete analysis for FRA:R09

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

€1.50
Price
€1.63
GF Value