AGF Management (FRA:A3J) Shares Outstanding (Basic Average): 64.0 Mil (As of May. 2026)

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FRA:A3J AGF Management Ltd FRA:A3J
68 GF Score
Price €13.70
GF Value €7.97
Valuation Significantly Overvalued
! 8 Warning Signs
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What is AGF Management Shares Outstanding (Basic Average)?

AGF Management FRA:A3J -1.44% 68 Shares Outstanding (Basic Average) is 64.0 Mil as of May. 2026. GuruFocus rates FRA:A3J with a GF Score™ of 68/100 and a GF Value™ of €7.97 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. AGF Management's average basic shares outstanding for the quarter that ended in May. 2026 was 64.0 Mil.


AGF Management  (FRA:A3J) 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.


AGF Management Shares Outstanding (Basic Average) Related Terms


AGF Management Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for AGF Management'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.

AGF Management Shares Outstanding (Basic Average) Chart

AGF Management Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.01 68.43 64.96 64.51 64.77

AGF Management Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 65.07 64.63 64.19 64.33 64.05
FRA:A3J
68GF Score
AGF Management Ltd FRA:A3J
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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AGF Management 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 64.0 Mil mean?
AGF Management (FRA:A3J) has a Shares Outstanding (Basic Average) of 64.0 Mil as of May. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on AGF Management and its competitors.
Is AGF Management's Shares Outstanding (Basic Average) too high?
AGF Management's current Shares Outstanding (Basic Average) is 64.0 Mil. Overall, AGF Management has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AGF Management's Shares Outstanding (Basic Average) compare to BLK and BX?
AGF Management's Shares Outstanding (Basic Average) of 64.0 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 AGF Management and its competitors. AGF Management's current Shares Outstanding (Basic Average) is 64.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGF Management stock overvalued right now?
Based on GuruFocus' analysis, AGF Management (FRA:A3J) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.97, compared to a current price of €13.70 — trading 71.9% above its estimated fair value. The current Shares Outstanding (Basic Average) is 64.0 Mil. AGF Management's overall GF Score™ is 68/100 with 8 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 AGF Management (FRA:A3J), the current Shares Outstanding (Basic Average) is 64.0 Mil as of May. 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 AGF Management (FRA:A3J) Overvalued in 2026?

Based on GuruFocus' analysis, AGF Management stock appears to be overvalued. The current stock price of €13.70 is trading 71.9% above its estimated GF Value™ of €7.97. GuruFocus considers AGF Management to be Significantly Overvalued.

Key valuation signals for FRA:A3J:

  • Shares Outstanding (Basic Average): 64.0 Mil
  • GF Value™: €7.97 vs. price of €13.70 (71.9% above fair value)
  • GF Score™: 68/100 with 8 warning signs

No single metric tells the full story. See the FRA:A3J stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AGF Management Business Description

Other Exchanges AGFMF:USAAGF.B:Canada
Address 81 Bay Street, Suite 3900, CIBC SQUARE, Tower One, Toronto, ON, CAN, M5J 0G1
AGF Management is a Canadian-based independent asset manager. As of November 2025, the firm had CAD 60.4 billion in total assets under management with CAD 35.0 billion in retail mutual funds, CAD 9.5 billion in high net-worth private wealth, and the remaining in institutional, ETF, and private assets. AGF Management's funds are weighted toward equities with roughly three-quarters of the firm's retail AUM tied to equities.
68GF Score

Get the complete analysis for FRA:A3J

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

€13.70
Price
€7.97
GF Value