AA Tech SpA (MIL:AAT) Shares Outstanding (EOP): 9.90 Mil (As of Dec. 2025)


MIL:AAT AA Tech SpA MIL:AAT
21 GF Score
Price €1.02
GF Value €4.02
Valuation Possible Value Trap
! 5 Warning Signs
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What is AA Tech SpA Shares Outstanding (EOP)?

AA Tech SpA MIL:AAT 21 Shares Outstanding (EOP) is 9.90 Mil as of Dec. 2025. GuruFocus rates MIL:AAT with a GF Score™ of 21/100 and a GF Value™ of €4.02 (Possible Value Trap). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. AA Tech SpA's shares outstanding for the quarter that ended in Dec. 2025 was 9.90 Mil.

AA Tech SpA's quarterly shares outstanding increased from Jun. 2025 (8.74 Mil) to Dec. 2025 (9.90 Mil). It means AA Tech SpA issued new shares from Jun. 2025 to Dec. 2025 .

AA Tech SpA's annual shares outstanding increased from Dec. 2024 (6.85 Mil) to Dec. 2025 (9.90 Mil). It means AA Tech SpA issued new shares from Dec. 2024 to Dec. 2025 .


AA Tech SpA  (MIL:AAT) 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.


AA Tech SpA Shares Outstanding (EOP) Related Terms


AA Tech SpA Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for AA Tech SpA'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.

AA Tech SpA Shares Outstanding (EOP) Chart

AA Tech SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
6.08 6.08 6.08 6.85 9.90

AA Tech SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (EOP) Get a 7-Day Free Trial 6.08 6.08 6.85 8.74 9.90

MIL:AAT vs MSFT, ORCL, PLTR: Shares Outstanding (EOP) Comparison

For the Software - Infrastructure subindustry, AA Tech SpA'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.


AA Tech SpA Shares Outstanding (EOP) vs Software Industry

For the Software industry and Technology sector, AA Tech SpA's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where AA Tech SpA's Shares Outstanding (EOP) falls into.


MIL:AAT
21GF Score
AA Tech SpA MIL:AAT
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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AA Tech SpA 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 9.90 Mil mean?
AA Tech SpA (MIL:AAT) has a Shares Outstanding (EOP) of 9.90 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on AA Tech SpA and its competitors.
Is AA Tech SpA's Shares Outstanding (EOP) too high?
AA Tech SpA's current Shares Outstanding (EOP) is 9.90 Mil. Overall, AA Tech SpA has a GF Score™ of 21/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AA Tech SpA's Shares Outstanding (EOP) compare to MSFT and ORCL?
AA Tech SpA's Shares Outstanding (EOP) of 9.90 Mil can be compared against companies in the Software 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 Software company?
A good Shares Outstanding (EOP) depends on the Software 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 AA Tech SpA and its competitors. AA Tech SpA's current Shares Outstanding (EOP) is 9.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AA Tech SpA stock overvalued right now?
Based on GuruFocus' analysis, AA Tech SpA (MIL:AAT) is currently considered Possible Value Trap. The stock's GF Value™ is €4.02, compared to a current price of €1.02 — trading 74.6% below its estimated fair value. The current Shares Outstanding (EOP) is 9.90 Mil. AA Tech SpA's overall GF Score™ is 21/100 with 5 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 AA Tech SpA (MIL:AAT), the current Shares Outstanding (EOP) is 9.90 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 AA Tech SpA (MIL:AAT) Overvalued in 2026?

Based on GuruFocus' analysis, AA Tech SpA stock appears to be undervalued. The current stock price of €1.02 is trading 74.6% below its estimated GF Value™ of €4.02. GuruFocus considers AA Tech SpA to be Possible Value Trap.

Key valuation signals for MIL:AAT:

  • Shares Outstanding (EOP): 9.90 Mil
  • GF Value™: €4.02 vs. price of €1.02 (74.6% below fair value)
  • GF Score™: 21/100 with 5 warning signs

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


AA Tech SpA Business Description

Address Viale Carlo Espinasse 163, Milan, ITA, 20144
AA Tech SpA is a venture tech builder in the digital sector, with the constant aiming of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek solutions that create new opportunities for generating value, with the intention, after their creation and validation, of making these companies autonomous. One of its subsidiaries, Previon a Fintech company that provides open banking services for compulsory and complementary pension funds.
21GF Score

Get the complete analysis for MIL:AAT

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

€1.02
Price
€4.02
GF Value