Exemplar REITail (JSE:EXP) Shares Outstanding (EOP): 335 Mil (As of Feb. 2026)


JSE:EXP Exemplar REITail Ltd JSE:EXP
69 GF Score
Price R18.00
GF Value R15.65
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Exemplar REITail Shares Outstanding (EOP)?

Exemplar REITail JSE:EXP 69 Shares Outstanding (EOP) is 335 Mil as of Feb. 2026. GuruFocus rates JSE:EXP with a GF Score™ of 69/100 and a GF Value™ of R15.65 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Exemplar REITail's shares outstanding for the quarter that ended in Feb. 2026 was 335 Mil.

Exemplar REITail's quarterly shares outstanding stayed the same from Aug. 2025 (335 Mil) to Feb. 2026 (335 Mil).

Exemplar REITail's annual shares outstanding increased from Feb. 2025 (332 Mil) to Feb. 2026 (335 Mil). It means Exemplar REITail issued new shares from Feb. 2025 to Feb. 2026 .


Exemplar REITail  (JSE:EXP) 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.


Exemplar REITail Shares Outstanding (EOP) Related Terms


Exemplar REITail Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Exemplar REITail'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.

Exemplar REITail Shares Outstanding (EOP) Chart

Exemplar REITail Annual Data
Trend Feb16 Feb17 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 332.29 332.29 332.29 332.29 335.43

Exemplar REITail Semi-Annual Data
Feb15 Feb16 Feb17 Aug17 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 332.29 332.29 332.29 335.43 335.43

JSE:EXP vs SPG, O, KIM: Shares Outstanding (EOP) Comparison

For the REIT - Retail subindustry, Exemplar REITail'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.


Exemplar REITail Shares Outstanding (EOP) vs REITs Industry

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

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


JSE:EXP
69GF Score
Exemplar REITail Ltd JSE:EXP
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Exemplar REITail 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 335 Mil mean?
Exemplar REITail (JSE:EXP) has a Shares Outstanding (EOP) of 335 Mil as of Feb. 2026. The total shares a company has outstanding, at period-end. View historical data on Exemplar REITail and its competitors.
Is Exemplar REITail's Shares Outstanding (EOP) too high?
Exemplar REITail's current Shares Outstanding (EOP) is 335 Mil. Overall, Exemplar REITail has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Exemplar REITail's Shares Outstanding (EOP) compare to SPG and O?
Exemplar REITail's Shares Outstanding (EOP) of 335 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 Exemplar REITail and its competitors. Exemplar REITail's current Shares Outstanding (EOP) is 335 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exemplar REITail stock overvalued right now?
Based on GuruFocus' analysis, Exemplar REITail (JSE:EXP) is currently considered Modestly Overvalued. The stock's GF Value™ is R15.65, compared to a current price of R18.00 — trading 15% above its estimated fair value. The current Shares Outstanding (EOP) is 335 Mil. Exemplar REITail's overall GF Score™ is 69/100 with 6 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 Exemplar REITail (JSE:EXP), the current Shares Outstanding (EOP) is 335 Mil as of Feb. 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 Exemplar REITail (JSE:EXP) Overvalued in 2026?

Based on GuruFocus' analysis, Exemplar REITail stock appears to be overvalued. The current stock price of R18.00 is trading 15% above its estimated GF Value™ of R15.65. GuruFocus considers Exemplar REITail to be Modestly Overvalued.

Key valuation signals for JSE:EXP:

  • Shares Outstanding (EOP): 335 Mil
  • GF Value™: R15.65 vs. price of R18.00 (15% above fair value)
  • GF Score™: 69/100 with 6 warning signs

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


Exemplar REITail Business Description

Industry Real EstateREITs
Address 204 Von Willich Avenue, Clubview, Centurion, Gauteng, ZAF, 0157
Exemplar REITail Ltd is a real estate investment trust which develops, owns and manages township and rural retail real estate. The company is the only fund in the country focused purely on retail in under-serviced areas that offers stakeholders investment opportunities. The company's retail segments based on geography consist of Gauteng, Mpumalanga, KwaZulu-Natal, Limpopo, Eastern and Western Cape.
69GF Score

Get the complete analysis for JSE:EXP

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

R18.00
Price
R15.65
GF Value