SAorate Real Estate (JSE:SAC) Shares Outstanding (EOP): 2,736 Mil (As of Dec. 2025)


JSE:SAC SA Corporate Real Estate Ltd JSE:SAC
69 GF Score
Price R3.64
GF Value R2.34
Valuation Significantly Overvalued
! 13 Warning Signs
View Full Analysis

What is SAorate Real Estate Shares Outstanding (EOP)?

SAorate Real Estate JSE:SAC +1.11% 69 Shares Outstanding (EOP) is 2,736 Mil as of Dec. 2025. GuruFocus rates JSE:SAC with a GF Score™ of 69/100 and a GF Value™ of R2.34 (Significantly Overvalued). The stock has 13 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. SAorate Real Estate's shares outstanding for the quarter that ended in Dec. 2025 was 2,736 Mil.

SAorate Real Estate's quarterly shares outstanding increased from Jun. 2025 (2,593 Mil) to Dec. 2025 (2,736 Mil). It means SAorate Real Estate issued new shares from Jun. 2025 to Dec. 2025 .

SAorate Real Estate's annual shares outstanding increased from Dec. 2024 (2,485 Mil) to Dec. 2025 (2,736 Mil). It means SAorate Real Estate issued new shares from Dec. 2024 to Dec. 2025 .


SAorate Real Estate  (JSE:SAC) 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.


SAorate Real Estate Shares Outstanding (EOP) Related Terms


SAorate Real Estate Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for SAorate Real Estate'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.

SAorate Real Estate Shares Outstanding (EOP) Chart

SAorate Real Estate 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 2,488.24 2,492.61 2,488.97 2,484.98 2,736.21

SAorate Real Estate 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 2,488.97 2,488.97 2,484.98 2,592.90 2,736.21

JSE:SAC vs VICI, WPC: Shares Outstanding (EOP) Comparison

For the REIT - Diversified subindustry, SAorate Real Estate'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.


SAorate Real Estate Shares Outstanding (EOP) vs REITs Industry

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

* The bar in red indicates where SAorate Real Estate's Shares Outstanding (EOP) falls into.


JSE:SAC
69GF Score
SA Corporate Real Estate Ltd JSE:SAC
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SAorate Real Estate 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 2,736 Mil mean?
SAorate Real Estate (JSE:SAC) has a Shares Outstanding (EOP) of 2,736 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on SAorate Real Estate and its competitors.
Is SAorate Real Estate's Shares Outstanding (EOP) too high?
SAorate Real Estate's current Shares Outstanding (EOP) is 2,736 Mil. Overall, SAorate Real Estate has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SAorate Real Estate's Shares Outstanding (EOP) compare to VICI and WPC?
SAorate Real Estate's Shares Outstanding (EOP) of 2,736 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 SAorate Real Estate and its competitors. SAorate Real Estate's current Shares Outstanding (EOP) is 2,736 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAorate Real Estate stock overvalued right now?
Based on GuruFocus' analysis, SAorate Real Estate (JSE:SAC) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.34, compared to a current price of R3.64 — trading 55.6% above its estimated fair value. The current Shares Outstanding (EOP) is 2,736 Mil. SAorate Real Estate's overall GF Score™ is 69/100 with 13 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 SAorate Real Estate (JSE:SAC), the current Shares Outstanding (EOP) is 2,736 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 SAorate Real Estate (JSE:SAC) Overvalued in 2026?

Based on GuruFocus' analysis, SAorate Real Estate stock appears to be overvalued. The current stock price of R3.64 is trading 55.6% above its estimated GF Value™ of R2.34. GuruFocus considers SAorate Real Estate to be Significantly Overvalued.

Key valuation signals for JSE:SAC:

  • Shares Outstanding (EOP): 2,736 Mil
  • GF Value™: R2.34 vs. price of R3.64 (55.6% above fair value)
  • GF Score™: 69/100 with 13 warning signs

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


SAorate Real Estate Business Description

Industry Real EstateREITs
Address Corner Lower Road and West Road South, GreenPark Corner, 16th Floor, Morningside, Johannesburg, GT, ZAF, 2196
SA Corporate Real Estate Ltd is a real estate investment trust. The company's portfolio includes mostly industrial and retail properties, with the remainder of inner-city residential and commercial assets. The properties are mainly located in the metropolitan centres of South Africa, with more than half located in Gauteng, approximately one-third in KwaZulu-Natal, and the others in Western Cape and other regions. The company's tenants consist of large national tenants, government tenants and franchisees. Its reportable segments are Retail, Industrial, Commercial, Residential, and Corporate. The company generates the maximum of its revenue from the Residential segment.
69GF Score

Get the complete analysis for JSE:SAC

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

R3.64
Price
R2.34
GF Value