Top Frontier Investment Holdings (PHS:TFHI) Shares Outstanding (EOP): 378 Mil (As of Mar. 2026)

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PHS:TFHI Top Frontier Investment Holdings Inc PHS:TFHI
73 GF Score
Price ₱53.05
GF Value ₱65.60
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Top Frontier Investment Holdings Shares Outstanding (EOP)?

Top Frontier Investment Holdings PHS:TFHI 73 Shares Outstanding (EOP) is 378 Mil as of Mar. 2026. GuruFocus rates PHS:TFHI with a GF Score™ of 73/100 and a GF Value™ of ₱65.60 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Top Frontier Investment Holdings's shares outstanding for the quarter that ended in Mar. 2026 was 378 Mil.

Top Frontier Investment Holdings's quarterly shares outstanding stayed the same from Dec. 2025 (378 Mil) to Mar. 2026 (378 Mil).

Top Frontier Investment Holdings's annual shares outstanding stayed the same from Dec. 2024 (378 Mil) to Dec. 2025 (378 Mil).


Top Frontier Investment Holdings  (PHS:TFHI) 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.


Top Frontier Investment Holdings Shares Outstanding (EOP) Related Terms


Top Frontier Investment Holdings Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Top Frontier Investment 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.

Top Frontier Investment Holdings Shares Outstanding (EOP) Chart

Top Frontier Investment Holdings 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 332.89 332.89 377.89 377.89 377.89

Top Frontier Investment Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 377.89 377.89 377.89 377.89 377.89

PHS:TFHI vs HON, MMM: Shares Outstanding (EOP) Comparison

For the Conglomerates subindustry, Top Frontier Investment 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.


Top Frontier Investment Holdings Shares Outstanding (EOP) vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Top Frontier Investment Holdings's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Top Frontier Investment Holdings's Shares Outstanding (EOP) falls into.


PHS:TFHI
73GF Score
Top Frontier Investment Holdings Inc PHS:TFHI
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Top Frontier Investment Holdings 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 378 Mil mean?
Top Frontier Investment Holdings (PHS:TFHI) has a Shares Outstanding (EOP) of 378 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Top Frontier Investment Holdings and its competitors.
Is Top Frontier Investment Holdings' Shares Outstanding (EOP) too high?
Top Frontier Investment Holdings' current Shares Outstanding (EOP) is 378 Mil. Overall, Top Frontier Investment Holdings has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Top Frontier Investment Holdings' Shares Outstanding (EOP) compare to HON and MMM?
Top Frontier Investment Holdings' Shares Outstanding (EOP) of 378 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Shares Outstanding (EOP) depends on the Conglomerates 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 Top Frontier Investment Holdings and its competitors. Top Frontier Investment Holdings's current Shares Outstanding (EOP) is 378 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Frontier Investment Holdings stock overvalued right now?
Based on GuruFocus' analysis, Top Frontier Investment Holdings (PHS:TFHI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱65.60, compared to a current price of ₱53.05 — trading 19.1% below its estimated fair value. The current Shares Outstanding (EOP) is 378 Mil. Top Frontier Investment Holdings' overall GF Score™ is 73/100 with 4 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 Top Frontier Investment Holdings (PHS:TFHI), the current Shares Outstanding (EOP) is 378 Mil as of Mar. 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 Top Frontier Investment Holdings (PHS:TFHI) Overvalued in 2026?

Based on GuruFocus' analysis, Top Frontier Investment Holdings stock appears to be undervalued. The current stock price of ₱53.05 is trading 19.1% below its estimated GF Value™ of ₱65.60. GuruFocus considers Top Frontier Investment Holdings to be Modestly Undervalued.

Key valuation signals for PHS:TFHI:

  • Shares Outstanding (EOP): 378 Mil
  • GF Value™: ₱65.60 vs. price of ₱53.05 (19.1% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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


Top Frontier Investment Holdings Business Description

Address No. 399 Sen. Gil J. Puyat Avenue, 5th Floor, ENZO Building, Makati City, PHL, 1200
Top Frontier Investment Holdings Inc is an investment holding company engaged in the processing and marketing of branded refrigerated processed meats and canned meat products. The Company operates through segments including food and beverage, packaging, energy, fuel and oil, infrastructure, cement, real estate, mining, and others. It derives a key revenue from the energy segment, which focuses on the sale, retail, and distribution of power through various supply and service agreements to generators, distribution utilities, including Manila Electric Company (Meralco), electric cooperatives, industrial customers, and the National Grid Corporation of the Philippines (NGCP), as well as through the Philippine Wholesale Electricity Spot Market (WESM).
73GF Score

Get the complete analysis for PHS:TFHI

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

₱53.05
Price
₱65.60
GF Value