Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Headway Advanced Material Co's shares outstanding for the quarter that ended in Dec. 2025 was 60 Mil.
Headway Advanced Material Co's quarterly shares outstanding
stayed the same
from Sep. 2025 (60 Mil) to Dec. 2025 (60 Mil).
Headway Advanced Material Co's annual shares outstanding
stayed the same
from Dec. 2024 (60 Mil) to Dec. 2025 (60 Mil).
Headway Advanced Material Co (TPE:1776) 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.
Headway Advanced Material Co Shares Outstanding (EOP) Related Terms
Headway Advanced Material Co Shares Outstanding (EOP) Historical Data
* 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.
Headway Advanced Material Co Shares Outstanding (EOP) Chart
TPE:1776 vs DOW: Shares Outstanding (EOP) Comparison
For the Chemicals subindustry, Headway Advanced Material Co'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.
Headway Advanced Material Co Shares Outstanding (EOP) vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Headway Advanced Material Co's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Headway Advanced Material Co's Shares Outstanding (EOP) falls into.
Headway Advanced Material Co 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.
What does a Shares Outstanding (EOP) of 60 Mil mean?
Headway Advanced Material Co (TPE:1776) has a Shares Outstanding (EOP) of 60 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Headway Advanced Material Co and its competitors.
Is Headway Advanced Material Co's Shares Outstanding (EOP) too high?
Headway Advanced Material Co's current Shares Outstanding (EOP) is 60 Mil. Overall, Headway Advanced Material Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Headway Advanced Material Co's Shares Outstanding (EOP) compare to DOW?
Headway Advanced Material Co's Shares Outstanding (EOP) of 60 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Shares Outstanding (EOP) depends on the Chemicals 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 Headway Advanced Material Co and its competitors. Headway Advanced Material Co's current Shares Outstanding (EOP) is 60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headway Advanced Material Co stock overvalued right now?
Based on GuruFocus' analysis, Headway Advanced Material Co (TPE:1776) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$15.69, compared to a current price of NT$19.85 — trading 26.5% above its estimated fair value. The current Shares Outstanding (EOP) is 60 Mil. Headway Advanced Material Co's overall GF Score™ is 70/100 with 10 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 Headway Advanced Material Co (TPE:1776), the current Shares Outstanding (EOP) is 60 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 Headway Advanced Material Co (TPE:1776) Overvalued in 2026?
Based on GuruFocus' analysis, Headway Advanced Material Co stock appears to be overvalued.
The current stock price of NT$19.85 is trading 26.5% above its estimated GF Value™ of NT$15.69.
GuruFocus considers Headway Advanced Material Co to be Modestly Overvalued.
Key valuation signals for TPE:1776:
Shares Outstanding (EOP): 60 Mil
GF Value™: NT$15.69 vs. price of NT$19.85 (26.5% above fair value)
No single metric tells the full story. See the TPE:1776 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Headway Advanced Material Co Ltd is engaged in business including the manufacture, processing, and sale of polyurethane curing agents, processing agents, coatings, resins for coatings, adhesives, flatting agents, and related raw materials. Geographically, the company generates revenue from Taiwan, Mainland China, and Vietnam, out of which the majority of revenue is generated from Taiwan. The company generates the majority of its revenue from the sale of PU resin.
70GF Score
Get the complete analysis for TPE:1776
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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