ASBRF (Asahi Group Holdings) Shares Outstanding (Basic Average): 1,503 Mil (As of Sep. 2025)


ASBRF Asahi Group Holdings Ltd ASBRF
86 GF Score
Price $9.75
GF Value $13.88
Valuation Possible Value Trap
! 3 Warning Signs
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What is Asahi Group Holdings Shares Outstanding (Basic Average)?

Asahi Group Holdings ASBRF 86 Shares Outstanding (Basic Average) is 1,503 Mil as of Sep. 2025. GuruFocus rates ASBRF with a GF Score™ of 86/100 and a GF Value™ of $13.88 (Possible Value Trap). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Asahi Group Holdings's average basic shares outstanding for the quarter that ended in Sep. 2025 was 1,503 Mil.


Asahi Group Holdings  (OTCPK:ASBRF) Shares Outstanding (Basic Average) 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.


Be Aware

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.


Asahi Group Holdings Shares Outstanding (Basic Average) Related Terms


Asahi Group Holdings Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Asahi Group Holdings's Shares Outstanding (Basic Average) 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.

Asahi Group Holdings Shares Outstanding (Basic Average) Chart

Asahi Group Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,417.08 1,520.20 1,520.10 506.68 1,516.55

Asahi Group Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Shares Outstanding (Basic Average) 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 1,519.94 1,516.55 1,502.79 1,502.91 1,502.99
ASBRF
86GF Score
Asahi Group Holdings Ltd ASBRF
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Asahi Group Holdings Shares Outstanding (Basic Average) 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 exact time point. 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 (Basic Average) of 1,503 Mil mean?
Asahi Group Holdings (ASBRF) has a Shares Outstanding (Basic Average) of 1,503 Mil as of Sep. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Asahi Group Holdings and its competitors.
Is Asahi Group Holdings' Shares Outstanding (Basic Average) too high?
Asahi Group Holdings' current Shares Outstanding (Basic Average) is 1,503 Mil. Overall, Asahi Group Holdings has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asahi Group Holdings' Shares Outstanding (Basic Average) compare to STZ and TAP?
Asahi Group Holdings' Shares Outstanding (Basic Average) of 1,503 Mil can be compared against companies in the Beverages - Alcoholic 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 (Basic Average) for a Beverages - Alcoholic company?
A good Shares Outstanding (Basic Average) depends on the Beverages - Alcoholic industry context. However, Shares Outstanding (Basic Average) 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 (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Asahi Group Holdings and its competitors. Asahi Group Holdings's current Shares Outstanding (Basic Average) is 1,503 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asahi Group Holdings (ASBRF) is currently considered Possible Value Trap. The stock's GF Value™ is $13.88, compared to a current price of $9.75 — trading 29.8% below its estimated fair value. The current Shares Outstanding (Basic Average) is 1,503 Mil. Asahi Group Holdings' overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Asahi Group Holdings (ASBRF), the current Shares Outstanding (Basic Average) is 1,503 Mil as of Sep. 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 Asahi Group Holdings (ASBRF) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Group Holdings stock appears to be undervalued. The current stock price of $9.75 is trading 29.8% below its estimated GF Value™ of $13.88. GuruFocus considers Asahi Group Holdings to be Possible Value Trap.

Key valuation signals for ASBRF:

  • Shares Outstanding (Basic Average): 1,503 Mil
  • GF Value™: $13.88 vs. price of $9.75 (29.8% below fair value)
  • GF Score™: 86/100 with 3 warning signs

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


Asahi Group Holdings Business Description

Address 1-23-1 Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602
Asahi is the largest brewer in Japan with a nearly 40% market share, led by its Asahi Super Dry brand. It also operates a wide range of alcoholic and soft beverage products as well as packaged foods, mainly in Japan. Overseas markets accounted for over half of the company's revenue and close to 60% of operating profit, with Australia and Europe being two major markets. It acquired SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017 from Anheuser-Busch InBev. In Australia, Asahi holds market leaderships across beer and soft drinks segments, through its acquisitions of Schweppes Australia in 2009 and Carlton & United Breweries in 2020.
86GF Score

Get the complete analysis for ASBRF

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

$9.75
Price
$13.88
GF Value