PT Arkora Hydro Tbk (ISX:ARKO) Shares Outstanding (Basic Average): 2,928 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:ARKO PT Arkora Hydro Tbk ISX:ARKO
74 GF Score
Price Rp5,700.00
GF Value Rp1,754.67
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is PT Arkora Hydro Tbk Shares Outstanding (Basic Average)?

PT Arkora Hydro Tbk ISX:ARKO 74 Shares Outstanding (Basic Average) is 2,928 Mil as of Mar. 2026. GuruFocus rates ISX:ARKO with a GF Score™ of 74/100 and a GF Value™ of Rp1,754.67 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. PT Arkora Hydro Tbk's average basic shares outstanding for the quarter that ended in Mar. 2026 was 2,928 Mil.


PT Arkora Hydro Tbk  (ISX:ARKO) 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.


PT Arkora Hydro Tbk Shares Outstanding (Basic Average) Related Terms


PT Arkora Hydro Tbk Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for PT Arkora Hydro Tbk'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.

PT Arkora Hydro Tbk Shares Outstanding (Basic Average) Chart

PT Arkora Hydro Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 2,899.50 2,624.05 2,928.50 2,928.50 2,928.50

PT Arkora Hydro Tbk Quarterly Data
Dec19 Dec20 Nov21 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 2,928.50 2,928.50 2,928.50 2,928.50 2,928.50
ISX:ARKO
74GF Score
PT Arkora Hydro Tbk ISX:ARKO
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Arkora Hydro Tbk 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 2,928 Mil mean?
PT Arkora Hydro Tbk (ISX:ARKO) has a Shares Outstanding (Basic Average) of 2,928 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on PT Arkora Hydro Tbk and its competitors.
Is PT Arkora Hydro Tbk's Shares Outstanding (Basic Average) too high?
PT Arkora Hydro Tbk's current Shares Outstanding (Basic Average) is 2,928 Mil. Overall, PT Arkora Hydro Tbk has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Arkora Hydro Tbk's Shares Outstanding (Basic Average) compare to competitors?
PT Arkora Hydro Tbk's Shares Outstanding (Basic Average) of 2,928 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Shares Outstanding (Basic Average) depends on the Utilities - Independent Power Producers 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 PT Arkora Hydro Tbk and its competitors. PT Arkora Hydro Tbk's current Shares Outstanding (Basic Average) is 2,928 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Arkora Hydro Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Arkora Hydro Tbk (ISX:ARKO) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp1,754.67, compared to a current price of Rp5,700.00 — trading 224.8% above its estimated fair value. The current Shares Outstanding (Basic Average) is 2,928 Mil. PT Arkora Hydro Tbk's overall GF Score™ is 74/100 with 5 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 PT Arkora Hydro Tbk (ISX:ARKO), the current Shares Outstanding (Basic Average) is 2,928 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 PT Arkora Hydro Tbk (ISX:ARKO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Arkora Hydro Tbk stock appears to be overvalued. The current stock price of Rp5,700.00 is trading 224.8% above its estimated GF Value™ of Rp1,754.67. GuruFocus considers PT Arkora Hydro Tbk to be Significantly Overvalued.

Key valuation signals for ISX:ARKO:

  • Shares Outstanding (Basic Average): 2,928 Mil
  • GF Value™: Rp1,754.67 vs. price of Rp5,700.00 (224.8% above fair value)
  • GF Score™: 74/100 with 5 warning signs

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


PT Arkora Hydro Tbk Business Description

Address Jalan Jenderal Sudirman Kav 52-53, SCBD Lot 28, Treasury Tower, Level 9, Unit G-H, District 8, Jakarta, IDN, 12190
PT Arkora Hydro Tbk is dedicated to the development and operation of hydropower plants in Indonesia. The company owns and develops hydropower plant facilities that operate in a run-of-river fashion throughout Indonesia. The run-of-river hydropower plant is the type of power plant where little or no water storage is needed. The company's reportable segments are; the 7.4 MW mini hydro powerplant in Cikopo (West Java), the 10 MW mini hydro power plant in Tomasa (Sulawesi Tengah), the 10 MW minihydro electric power plant in Yaentu (Central Sulawesi), the 5.4 MW minihydro electric power plant in Kukusan (Lampung), and the 10 MW minihydro electric power plant in Tomoni (Sulawesi Selatan), and other construction services.
74GF Score

Get the complete analysis for ISX:ARKO

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

Rp5,700.00
Price
Rp1,754.67
GF Value