First Steamship Co (TPE:2601) Shares Outstanding (EOP): 825 Mil (As of Dec. 2025)


TPE:2601 First Steamship Co Ltd TPE:2601
50 GF Score
Price NT$6.00
GF Value NT$2.06
Valuation Significantly Overvalued
! 7 Warning Signs
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What is First Steamship Co Shares Outstanding (EOP)?

First Steamship Co TPE:2601 +9.89% 50 Shares Outstanding (EOP) is 825 Mil as of Dec. 2025. GuruFocus rates TPE:2601 with a GF Score™ of 50/100 and a GF Value™ of NT$2.06 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. First Steamship Co's shares outstanding for the quarter that ended in Dec. 2025 was 825 Mil.

First Steamship Co's quarterly shares outstanding stayed the same from Sep. 2025 (825 Mil) to Dec. 2025 (825 Mil).

First Steamship Co's annual shares outstanding stayed the same from Dec. 2024 (825 Mil) to Dec. 2025 (825 Mil).


First Steamship Co  (TPE:2601) 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.


First Steamship Co Shares Outstanding (EOP) Related Terms


First Steamship Co Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for First Steamship Co'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.

First Steamship Co Shares Outstanding (EOP) Chart

First Steamship Co 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 824.78 824.78 824.78 824.78 824.78

First Steamship Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 824.78 824.78 824.78 824.78 824.78

TPE:2601 vs DDS, M: Shares Outstanding (EOP) Comparison

For the Department Stores subindustry, First Steamship 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.


First Steamship Co Shares Outstanding (EOP) vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, First Steamship Co's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where First Steamship Co's Shares Outstanding (EOP) falls into.


TPE:2601
50GF Score
First Steamship Co Ltd TPE:2601
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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First Steamship 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.

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 825 Mil mean?
First Steamship Co (TPE:2601) has a Shares Outstanding (EOP) of 825 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on First Steamship Co and its competitors.
Is First Steamship Co's Shares Outstanding (EOP) too high?
First Steamship Co's current Shares Outstanding (EOP) is 825 Mil. Overall, First Steamship Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Steamship Co's Shares Outstanding (EOP) compare to DDS and M?
First Steamship Co's Shares Outstanding (EOP) of 825 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Shares Outstanding (EOP) depends on the Retail - Cyclical 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 First Steamship Co and its competitors. First Steamship Co's current Shares Outstanding (EOP) is 825 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Steamship Co stock overvalued right now?
Based on GuruFocus' analysis, First Steamship Co (TPE:2601) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2.06, compared to a current price of NT$6.00 — trading 191.3% above its estimated fair value. The current Shares Outstanding (EOP) is 825 Mil. First Steamship Co's overall GF Score™ is 50/100 with 7 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 First Steamship Co (TPE:2601), the current Shares Outstanding (EOP) is 825 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 First Steamship Co (TPE:2601) Overvalued in 2026?

Based on GuruFocus' analysis, First Steamship Co stock appears to be overvalued. The current stock price of NT$6.00 is trading 191.3% above its estimated GF Value™ of NT$2.06. GuruFocus considers First Steamship Co to be Significantly Overvalued.

Key valuation signals for TPE:2601:

  • Shares Outstanding (EOP): 825 Mil
  • GF Value™: NT$2.06 vs. price of NT$6.00 (191.3% above fair value)
  • GF Score™: 50/100 with 7 warning signs

No single metric tells the full story. See the TPE:2601 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Steamship Co Business Description

Address Section 2, Fuxing S. Road, 14th Floor., No.237, Da\'an District, Taipei, TWN, 106
First Steamship Co Ltd is engaged in business management consultancy, domestic and international investments, as well as development, rental and sale of residential and commercial buildings. It operates in four segments the Shipping department, the Investing department, the Department Store department, and the Rental department. The Shipping department engages in domestic and international marine transportation and related businesses. The Investing department engages in domestic and international investment business. The Department Store department engages in department store retail industry, and the Rental department engages in automobile finance leasing company businesses. The majority of revenue is derived from the Department Store department segment.
50GF Score

Get the complete analysis for TPE:2601

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

NT$6.00
Price
NT$2.06
GF Value