Octodec Investments (JSE:OCT) Shares Outstanding (Basic Average): 266 Mil (As of Feb. 2026)


JSE:OCT Octodec Investments Ltd JSE:OCT
66 GF Score
Price R17.68
GF Value R11.11
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Octodec Investments Shares Outstanding (Basic Average)?

Octodec Investments JSE:OCT -1.72% 66 Shares Outstanding (Basic Average) is 266 Mil as of Feb. 2026. GuruFocus rates JSE:OCT with a GF Score™ of 66/100 and a GF Value™ of R11.11 (Significantly Overvalued). 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. Octodec Investments's average basic shares outstanding for the quarter that ended in Feb. 2026 was 266 Mil.


Octodec Investments  (JSE:OCT) 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.


Octodec Investments Shares Outstanding (Basic Average) Related Terms


Octodec Investments Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Octodec Investments'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.

Octodec Investments Shares Outstanding (Basic Average) Chart

Octodec Investments Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 266,197.54 266.20 266.20 266.20 266.20

Octodec Investments Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 266.20 266.20 266.20 266.20 266.20
JSE:OCT
66GF Score
Octodec Investments Ltd JSE:OCT
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Octodec Investments 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 266 Mil mean?
Octodec Investments (JSE:OCT) has a Shares Outstanding (Basic Average) of 266 Mil as of Feb. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Octodec Investments and its competitors.
Is Octodec Investments' Shares Outstanding (Basic Average) too high?
Octodec Investments' current Shares Outstanding (Basic Average) is 266 Mil. Overall, Octodec Investments has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Octodec Investments' Shares Outstanding (Basic Average) compare to VICI and WPC?
Octodec Investments' Shares Outstanding (Basic Average) of 266 Mil can be compared against companies in the REITs 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 REITs company?
A good Shares Outstanding (Basic Average) depends on the REITs 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 Octodec Investments and its competitors. Octodec Investments's current Shares Outstanding (Basic Average) is 266 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octodec Investments stock overvalued right now?
Based on GuruFocus' analysis, Octodec Investments (JSE:OCT) is currently considered Significantly Overvalued. The stock's GF Value™ is R11.11, compared to a current price of R17.68 — trading 59.1% above its estimated fair value. The current Shares Outstanding (Basic Average) is 266 Mil. Octodec Investments' overall GF Score™ is 66/100 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 Octodec Investments (JSE:OCT), the current Shares Outstanding (Basic Average) is 266 Mil as of Feb. 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 Octodec Investments (JSE:OCT) Overvalued in 2026?

Based on GuruFocus' analysis, Octodec Investments stock appears to be overvalued. The current stock price of R17.68 is trading 59.1% above its estimated GF Value™ of R11.11. GuruFocus considers Octodec Investments to be Significantly Overvalued.

Key valuation signals for JSE:OCT:

  • Shares Outstanding (Basic Average): 266 Mil
  • GF Value™: R11.11 vs. price of R17.68 (59.1% above fair value)
  • GF Score™: 66/100 with 10 warning signs

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


Octodec Investments Business Description

Industry Real EstateREITs
Address 101 Du Toit Street, CPA House, Tshwane, Pretoria, GT, ZAF, 0002
Octodec Investments Ltd is a real estate investment trust (REIT). The company generates rental income from Residential, Retail - street shops, Retail - shopping centres, offices, industrial, and parking, where the majority of its revenue is from the Residential segment. The diversified portfolio comprises residential, retail, office, and industrial properties.
66GF Score

Get the complete analysis for JSE:OCT

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

R17.68
Price
R11.11
GF Value