Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. GQG Partners's average basic shares outstanding for the quarter that ended in Dec. 2025 was 2,927 Mil.
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.
GQG Partners Shares Outstanding (Basic Average) Related Terms
GQG Partners Shares Outstanding (Basic Average) Historical Data
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The historical data trend for GQG Partners'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.
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 2,927 Mil mean?
GQG Partners (ASX:GQG) has a Shares Outstanding (Basic Average) of 2,927 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on GQG Partners and its competitors.
Is GQG Partners' Shares Outstanding (Basic Average) too high?
GQG Partners' current Shares Outstanding (Basic Average) is 2,927 Mil. Overall, GQG Partners has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GQG Partners' Shares Outstanding (Basic Average) compare to BLK and BX?
GQG Partners' Shares Outstanding (Basic Average) of 2,927 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management 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 GQG Partners and its competitors. GQG Partners's current Shares Outstanding (Basic Average) is 2,927 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GQG Partners stock overvalued right now?
Based on GuruFocus' analysis, GQG Partners (ASX:GQG) is currently considered Significantly Undervalued. The stock's GF Value™ is A$2.57, compared to a current price of A$1.51 — trading 41.4% below its estimated fair value. The current Shares Outstanding (Basic Average) is 2,927 Mil. GQG Partners' overall GF Score™ is 58/100 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 (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For GQG Partners (ASX:GQG), the current Shares Outstanding (Basic Average) is 2,927 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 GQG Partners (ASX:GQG) Overvalued in 2026?
Based on GuruFocus' analysis, GQG Partners stock appears to be undervalued.
The current stock price of A$1.51 is trading 41.4% below its estimated GF Value™ of A$2.57.
GuruFocus considers GQG Partners to be Significantly Undervalued.
Key valuation signals for ASX:GQG:
Shares Outstanding (Basic Average): 2,927 Mil
GF Value™: A$2.57 vs. price of A$1.51 (41.4% below fair value)
No single metric tells the full story. See the ASX:GQG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Established in 2016, GQG Partners is a global boutique asset management firm mainly focused on active equity portfolios. The company offers investment advisory and portfolio management services. GQG Partners manages money for investors around the world, including pension funds, sovereign funds, wealth management firms, and other financial institutions. Headquartered in Fort Lauderdale, Florida, GQG also has operations in New York, Seattle, London, Sydney, and other locations.
58GF Score
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