Korvest (ASX:KOV) Shares Outstanding (Basic Average): 11.8 Mil (As of Dec. 2025)

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ASX:KOV Korvest Ltd ASX:KOV
73 GF Score
Price A$17.02
GF Value A$11.29
Valuation Significantly Overvalued
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What is Korvest Shares Outstanding (Basic Average)?

Korvest ASX:KOV -4.76% 73 Shares Outstanding (Basic Average) is 11.8 Mil as of Dec. 2025. GuruFocus rates ASX:KOV with a GF Score™ of 73/100 and a GF Value™ of A$11.29 (Significantly Overvalued).

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Korvest's average basic shares outstanding for the quarter that ended in Dec. 2025 was 11.8 Mil.


Korvest  (ASX:KOV) 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.


Korvest Shares Outstanding (Basic Average) Related Terms


Korvest Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Korvest'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.

Korvest Shares Outstanding (Basic Average) Chart

Korvest Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.31 11.45 11.56 11.66 11.75

Korvest Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 11.67 11.66 11.75 11.75 11.81
ASX:KOV
73GF Score
Korvest Ltd ASX:KOV
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Korvest 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 11.8 Mil mean?
Korvest (ASX:KOV) has a Shares Outstanding (Basic Average) of 11.8 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Korvest and its competitors.
Is Korvest's Shares Outstanding (Basic Average) too high?
Korvest's current Shares Outstanding (Basic Average) is 11.8 Mil. Overall, Korvest has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Korvest's Shares Outstanding (Basic Average) compare to CRS and ATI?
Korvest's Shares Outstanding (Basic Average) of 11.8 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Shares Outstanding (Basic Average) depends on the Industrial Products 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 Korvest and its competitors. Korvest's current Shares Outstanding (Basic Average) is 11.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korvest stock overvalued right now?
Based on GuruFocus' analysis, Korvest (ASX:KOV) is currently considered Significantly Overvalued. The stock's GF Value™ is A$11.29, compared to a current price of A$17.02 — trading 50.8% above its estimated fair value. The current Shares Outstanding (Basic Average) is 11.8 Mil. Korvest's overall GF Score™ is 73/100. 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 Korvest (ASX:KOV), the current Shares Outstanding (Basic Average) is 11.8 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 Korvest (ASX:KOV) Overvalued in 2026?

Based on GuruFocus' analysis, Korvest stock appears to be overvalued. The current stock price of A$17.02 is trading 50.8% above its estimated GF Value™ of A$11.29. GuruFocus considers Korvest to be Significantly Overvalued.

Key valuation signals for ASX:KOV:

  • Shares Outstanding (Basic Average): 11.8 Mil
  • GF Value™: A$11.29 vs. price of A$17.02 (50.8% above fair value)
  • GF Score™: 73/100

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


Korvest Business Description

Address 580 Prospect Road, Kilburn, Adelaide, SA, AUS, 5084
Korvest Ltd is an Australia-based company principally engaged in the industrial products manufacturing business. The activities of the Company consist of hot dip galvanizing, sheet metal fabrication, and the manufacture of cable and pipe support systems and fittings. The group has two reportable segments: The Industrial products Segment includes the manufacture of electrical and cable support systems, steel fabrication, and access systems which also includes the sale, hire, and repair of high torque tools; and the Production Segment, which provides hot dip galvanizing services. The company drives a majority of its revenue from the Industrial products segment.
73GF Score

Get the complete analysis for ASX:KOV

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

A$17.02
Price
A$11.29
GF Value