VDM Group (ASX:VMG) Shares Outstanding (Basic Average): 10,155.32 Mil (As of Jun. 2024)


What is VDM Group Shares Outstanding (Basic Average)?

VDM Group ASX:VMG Shares Outstanding (Basic Average) is 10,155.32 Mil as of Jun. 2024.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. VDM Group's average basic shares outstanding for the quarter that ended in Jun. 2024 was 10,155.32 Mil.

VDM Group  (ASX:VMG) 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.

VDM Group Shares Outstanding (Basic Average) Related Terms

VDM Group Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for VDM Group'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.

VDM Group Shares Outstanding (Basic Average) Chart

VDM Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,840.40 6,927.66 6,927.66 6,927.66 6,927.66

VDM Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 7,075.32 6,909.52 6,945.80 3,700.00 10,155.32

VDM Group 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 10,155.32 Mil mean?
VDM Group (ASX:VMG) has a Shares Outstanding (Basic Average) of 10,155.32 Mil as of Jun. 2024. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on VDM Group and its competitors.
Is VDM Group's Shares Outstanding (Basic Average) too high?
VDM Group's current Shares Outstanding (Basic Average) is 10,155.32 Mil.
How does VDM Group's Shares Outstanding (Basic Average) compare to PWR and J?
VDM Group's Shares Outstanding (Basic Average) of 10,155.32 Mil can be compared against companies in the Construction 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 Construction company?
A good Shares Outstanding (Basic Average) depends on the Construction 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 VDM Group and its competitors. VDM Group's current Shares Outstanding (Basic Average) is 10,155.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VDM Group stock overvalued right now?
VDM Group (ASX:VMG) has a current Shares Outstanding (Basic Average) of 10,155.32 Mil. The current Shares Outstanding (Basic Average) is 10,155.32 Mil. 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 VDM Group (ASX:VMG), the current Shares Outstanding (Basic Average) is 10,155.32 Mil as of Jun. 2024. 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.

VDM Group Business Description

Address 420 Bagot Road, Unit 2, Subiaco, Subiaco, WA, AUS, 6008
VDM Group Ltd is an engineering and construction company. The company is an operationally diverse company arranged under two operating divisions: i) construction and ii) mining and exploration. Its activities involve exploration of the Cachoeiras do Binga copper project located in the Republic of Angola (Cachoeiras do Binga); exploration of the Cage Bengo Project located in the Republic of Angola (Cage Bengo); and review of new project opportunities.