Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Tradegate AG Wertpapierhandelsbank's average basic shares outstanding for the quarter that ended in Dec. 2025 was 24.4 Mil.
Tradegate AG Wertpapierhandelsbank (FRA:T2G) 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.
Tradegate AG Wertpapierhandelsbank Shares Outstanding (Basic Average) Related Terms
Tradegate AG Wertpapierhandelsbank Shares Outstanding (Basic Average) Historical Data
* 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.
Tradegate AG Wertpapierhandelsbank Shares Outstanding (Basic Average) Chart
Tradegate AG Wertpapierhandelsbank 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 24.4 Mil mean?
Tradegate AG Wertpapierhandelsbank (FRA:T2G) has a Shares Outstanding (Basic Average) of 24.4 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Tradegate AG Wertpapierhandelsbank and its competitors.
Is Tradegate AG Wertpapierhandelsbank's Shares Outstanding (Basic Average) too high?
Tradegate AG Wertpapierhandelsbank's current Shares Outstanding (Basic Average) is 24.4 Mil. Overall, Tradegate AG Wertpapierhandelsbank has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tradegate AG Wertpapierhandelsbank's Shares Outstanding (Basic Average) compare to MS and GS?
Tradegate AG Wertpapierhandelsbank's Shares Outstanding (Basic Average) of 24.4 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Shares Outstanding (Basic Average) depends on the Capital Markets 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 Tradegate AG Wertpapierhandelsbank and its competitors. Tradegate AG Wertpapierhandelsbank's current Shares Outstanding (Basic Average) is 24.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradegate AG Wertpapierhandelsbank stock overvalued right now?
Based on GuruFocus' analysis, Tradegate AG Wertpapierhandelsbank (FRA:T2G) is currently considered Possible Value Trap. The stock's GF Value™ is €124.50, compared to a current price of €85.00 — trading 31.7% below its estimated fair value. The current Shares Outstanding (Basic Average) is 24.4 Mil. Tradegate AG Wertpapierhandelsbank's overall GF Score™ is 48/100 with 1 warning sign 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 Tradegate AG Wertpapierhandelsbank (FRA:T2G), the current Shares Outstanding (Basic Average) is 24.4 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 Tradegate AG Wertpapierhandelsbank (FRA:T2G) Overvalued in 2026?
Based on GuruFocus' analysis, Tradegate AG Wertpapierhandelsbank stock appears to be undervalued.
The current stock price of €85.00 is trading 31.7% below its estimated GF Value™ of €124.50.
GuruFocus considers Tradegate AG Wertpapierhandelsbank to be Possible Value Trap.
Key valuation signals for FRA:T2G:
Shares Outstanding (Basic Average): 24.4 Mil
GF Value™: €124.50 vs. price of €85.00 (31.7% below fair value)
No single metric tells the full story. See the FRA:T2G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tradegate AG Wertpapierhandelsbank Business Description
Tradegate AG Wertpapierhandelsbank is a Germany-based company. It is engaged in providing banking and financial services. In addition to retail banking, the company focuses on the trading of several domestic and foreign securities on the Tradegate Exchange, and the Frankfurt and Berlin stock exchanges. The company's main business activity consists of market specialist activities and market making; it acts as a Market Specialist on the Tradegate Exchange and the Frankfurt Stock Exchange and as an order book manager on the Berlin Stock Exchange. It extends its services to the securities listing on the stock exchanges in Munich, Stuttgart, Hamburg, Hanover, and Dusseldorf.
48GF Score
Get the complete analysis for FRA:T2G
Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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