Bulgarian Real Estate Fund REIT (LTS:0I43) Shares Outstanding (Basic Average): 34.93 Mil (As of Mar. 2026)


LTS:0I43 Bulgarian Real Estate Fund REIT LTS:0I43
71 GF Score
Price лв1.92
GF Value лв10.85
! 5 Warning Signs
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What is Bulgarian Real Estate Fund REIT Shares Outstanding (Basic Average)?

Bulgarian Real Estate Fund REIT LTS:0I43 71 Shares Outstanding (Basic Average) is 34.93 Mil as of Mar. 2026. GuruFocus rates LTS:0I43 with a GF Score™ of 71/100 and a GF Value™ of лв10.85. 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. Bulgarian Real Estate Fund REIT's average basic shares outstanding for the quarter that ended in Mar. 2026 was 34.93 Mil.


Bulgarian Real Estate Fund REIT  (LTS:0I43) 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.


Bulgarian Real Estate Fund REIT Shares Outstanding (Basic Average) Related Terms


Bulgarian Real Estate Fund REIT Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Bulgarian Real Estate Fund REIT'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.

Bulgarian Real Estate Fund REIT Shares Outstanding (Basic Average) Chart

Bulgarian Real Estate Fund REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.64 34.64 34.64 34.64 34.64

Bulgarian Real Estate Fund REIT Quarterly Data
Mar21 Jun21 Sep21 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 34.54 34.56 34.84 34.63 34.93
LTS:0I43
71GF Score
Bulgarian Real Estate Fund REIT LTS:0I43
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Bulgarian Real Estate Fund REIT 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 34.93 Mil mean?
Bulgarian Real Estate Fund REIT (LTS:0I43) has a Shares Outstanding (Basic Average) of 34.93 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Bulgarian Real Estate Fund REIT and its competitors.
Is Bulgarian Real Estate Fund REIT's Shares Outstanding (Basic Average) too high?
Bulgarian Real Estate Fund REIT's current Shares Outstanding (Basic Average) is 34.93 Mil. Overall, Bulgarian Real Estate Fund REIT has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Bulgarian Real Estate Fund REIT's Shares Outstanding (Basic Average) compare to VICI and WPC?
Bulgarian Real Estate Fund REIT's Shares Outstanding (Basic Average) of 34.93 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 Bulgarian Real Estate Fund REIT and its competitors. Bulgarian Real Estate Fund REIT's current Shares Outstanding (Basic Average) is 34.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian Real Estate Fund REIT stock overvalued right now?
Bulgarian Real Estate Fund REIT (LTS:0I43) has a current Shares Outstanding (Basic Average) of 34.93 Mil. The stock's GF Value™ is лв10.85, compared to a current price of лв1.92 — trading 82.3% below its estimated fair value. The current Shares Outstanding (Basic Average) is 34.93 Mil. Bulgarian Real Estate Fund REIT's overall GF Score™ is 71/100 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 Bulgarian Real Estate Fund REIT (LTS:0I43), the current Shares Outstanding (Basic Average) is 34.93 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 Bulgarian Real Estate Fund REIT (LTS:0I43) Overvalued in 2026?

Based on GuruFocus' analysis, Bulgarian Real Estate Fund REIT stock appears to be undervalued. The current stock price of лв1.92 is trading 82.3% below its estimated GF Value™ of лв10.85.

Key valuation signals for LTS:0I43:

  • Shares Outstanding (Basic Average): 34.93 Mil
  • GF Value™: лв10.85 vs. price of лв1.92 (82.3% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the LTS:0I43 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bulgarian Real Estate Fund REIT Business Description

Industry Real EstateREITs
Other Exchanges BREF:Bulgaria
Address 111 R Tsarigradsko shose Boulevard, Floor 16, Sofia, BGR, 1784
Bulgarian Real Estate Fund REIT is a special investment purpose joint-stock entity seated in the Republic of Bulgaria. The main activity of the fund is investing the cash funds raised through securities issuance in real property /securitization of real property/ through the purchase of ownership rights and other real rights over real property, carrying out construction and improvements therein for the purpose of making it available for management, renting, leasing and/or sale. Its investment objective is to achieve capital appreciation by means of diversified investments in business buildings, residential and other high-class properties, retail premises and agricultural land on the territory of Bulgaria.
71GF Score

Get the complete analysis for LTS:0I43

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

лв1.92
Price
лв10.85
GF Value