DLGEF (Digital Garage) Shares Outstanding (Basic Average): 45.9 Mil (As of Mar. 2026)


DLGEF Digital Garage Inc DLGEF
54 GF Score
Price $17.54
GF Value $41.54
! 10 Warning Signs
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What is Digital Garage Shares Outstanding (Basic Average)?

Digital Garage DLGEF 54 Shares Outstanding (Basic Average) is 45.9 Mil as of Mar. 2026. GuruFocus rates DLGEF with a GF Score™ of 54/100 and a GF Value™ of $41.54. The stock has 10 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Digital Garage's average basic shares outstanding for the quarter that ended in Mar. 2026 was 45.9 Mil.


Digital Garage  (OTCPK:DLGEF) 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.


Digital Garage Shares Outstanding (Basic Average) Related Terms


Digital Garage Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Digital Garage'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.

Digital Garage Shares Outstanding (Basic Average) Chart

Digital Garage Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.40 46.87 45.80 46.30 45.89

Digital Garage Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 46.30 45.81 45.86 45.88 45.89
DLGEF
54GF Score
Digital Garage Inc DLGEF
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Digital Garage 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 45.9 Mil mean?
Digital Garage (DLGEF) has a Shares Outstanding (Basic Average) of 45.9 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Digital Garage and its competitors.
Is Digital Garage's Shares Outstanding (Basic Average) too high?
Digital Garage's current Shares Outstanding (Basic Average) is 45.9 Mil. Overall, Digital Garage has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Digital Garage's Shares Outstanding (Basic Average) compare to IBM and ACN?
Digital Garage's Shares Outstanding (Basic Average) of 45.9 Mil can be compared against companies in the Software 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 Software company?
A good Shares Outstanding (Basic Average) depends on the Software 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 Digital Garage and its competitors. Digital Garage's current Shares Outstanding (Basic Average) is 45.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Garage stock overvalued right now?
Digital Garage (DLGEF) has a current Shares Outstanding (Basic Average) of 45.9 Mil. The stock's GF Value™ is $41.54, compared to a current price of $17.54 — trading 57.8% below its estimated fair value. The current Shares Outstanding (Basic Average) is 45.9 Mil. Digital Garage's overall GF Score™ is 54/100 with 10 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 Digital Garage (DLGEF), the current Shares Outstanding (Basic Average) is 45.9 Mil as of Mar. 2026. 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 Digital Garage (DLGEF) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Garage stock appears to be undervalued. The current stock price of $17.54 is trading 57.8% below its estimated GF Value™ of $41.54.

Key valuation signals for DLGEF:

  • Shares Outstanding (Basic Average): 45.9 Mil
  • GF Value™: $41.54 vs. price of $17.54 (57.8% below fair value)
  • GF Score™: 54/100 with 10 warning signs

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


Digital Garage Business Description

Other Exchanges 4819:JapanDGK:Germany
Address Daikanyama DG Bldg., Tokyo, JPN
Digital Garage Inc integrates three technologies--information technology, marketing technology, and financial technology--into one solution that it provides to its business customers. The company operates three primary business segments. The incubation segment invests in and develops startups and new businesses. The marketing segment provides advertising and promotion solutions that reach consumers. The financial segment offers payment solutions to monetize Internet businesses. The marketing and financial segments provide most of the company's revenue. Digital Garage operates primarily in Japan.
54GF Score

Get the complete analysis for DLGEF

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

$17.54
Price
$41.54
GF Value