Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Highway Holdings's shares outstanding for the quarter that ended in Dec. 2025 was 4.67 Mil.
Highway Holdings's quarterly shares outstanding
increased
from Sep. 2025 (4.60 Mil) to Dec. 2025 (4.67 Mil).
It means Highway Holdingsissued new shares from Sep. 2025 to Dec. 2025 .
Highway Holdings's annual shares outstanding
stayed the same
from Mar. 2024 (4.40 Mil) to Mar. 2025 (4.40 Mil).
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.
Highway Holdings Shares Outstanding (EOP) Related Terms
Highway Holdings Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Highway Holdings'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.
HIHO vs OLOX, MTEN, CRS: Shares Outstanding (EOP) Comparison
For the Metal Fabrication subindustry, Highway Holdings'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.
Highway Holdings Shares Outstanding (EOP) vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Highway Holdings's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Highway Holdings's Shares Outstanding (EOP) falls into.
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.
What does a Shares Outstanding (EOP) of 4.67 Mil mean?
Highway Holdings (HIHO) has a Shares Outstanding (EOP) of 4.67 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Highway Holdings and its competitors.
Is Highway Holdings' Shares Outstanding (EOP) too high?
Highway Holdings' current Shares Outstanding (EOP) is 4.67 Mil. Overall, Highway Holdings has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Highway Holdings' Shares Outstanding (EOP) compare to OLOX and MTEN?
Highway Holdings' Shares Outstanding (EOP) of 4.67 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 Highway Holdings and its competitors. Highway Holdings's current Shares Outstanding (EOP) is 4.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highway Holdings stock overvalued right now?
Based on GuruFocus' analysis, Highway Holdings (HIHO) is currently considered Possible Value Trap. The stock's GF Value™ is $1.42, compared to a current price of $0.82 — trading 42.6% below its estimated fair value. The current Shares Outstanding (EOP) is 4.67 Mil. Highway Holdings' overall GF Score™ is 52/100 with 2 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 Highway Holdings (HIHO), the current Shares Outstanding (EOP) is 4.67 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 Highway Holdings (HIHO) Overvalued in 2026?
Based on GuruFocus' analysis, Highway Holdings stock appears to be undervalued.
The current stock price of $0.82 is trading 42.6% below its estimated GF Value™ of $1.42.
GuruFocus considers Highway Holdings to be Possible Value Trap.
Key valuation signals for HIHO:
Shares Outstanding (EOP): 4.67 Mil
GF Value™: $1.42 vs. price of $0.82 (42.6% below fair value)
No single metric tells the full story. See the HIHO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Highway Holdings Ltd is a holding company. Along with its subsidiaries, it operates as a fully integrated manufacturer of high-quality metal, plastic, electric and electronic components, subassemblies, and finished products for OEMs and contract manufacturers. The manufacturing services offered by the group include metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. Its reportable business segments are metal stamping and mechanical OEM operations, which derive maximum revenue, and electric OEM operations. Geographically, the group generates maximum revenue from Europe, and the rest from North America, Hong Kong and China, and other Asian countries.
52GF Score
Get the complete analysis for HIHO
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HIHO has been successfully added to your 
