Alpen Co (NGO:3028) Shares Outstanding (Basic Average): 38 Mil (As of Dec. 2025)


NGO:3028 Alpen Co Ltd NGO:3028
60 GF Score
Price 円2,005.00
GF Value 円2,262.59
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Alpen Co Shares Outstanding (Basic Average)?

Alpen Co NGO:3028 60 Shares Outstanding (Basic Average) is 38 Mil as of Dec. 2025. GuruFocus rates NGO:3028 with a GF Score™ of 60/100 and a GF Value™ of 円2,262.59 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Alpen Co's average basic shares outstanding for the quarter that ended in Dec. 2025 was 38 Mil.


Alpen Co  (NGO:3028) 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.


Alpen Co Shares Outstanding (Basic Average) Related Terms


Alpen Co Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Alpen Co'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.

Alpen Co Shares Outstanding (Basic Average) Chart

Alpen Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.19 39.14 38.66 38.54 38.55

Alpen Co Quarterly Data
Jun21 Sep21 Dec21 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 38.54 38.55 38.55 38.47 36.84
NGO:3028
60GF Score
Alpen Co Ltd NGO:3028
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpen Co 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 38 Mil mean?
Alpen Co (NGO:3028) has a Shares Outstanding (Basic Average) of 38 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Alpen Co and its competitors.
Is Alpen Co's Shares Outstanding (Basic Average) too high?
Alpen Co's current Shares Outstanding (Basic Average) is 38 Mil. Overall, Alpen Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alpen Co's Shares Outstanding (Basic Average) compare to CASY and WSM?
Alpen Co's Shares Outstanding (Basic Average) of 38 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Shares Outstanding (Basic Average) depends on the Retail - Cyclical 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 Alpen Co and its competitors. Alpen Co's current Shares Outstanding (Basic Average) is 38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpen Co stock overvalued right now?
Based on GuruFocus' analysis, Alpen Co (NGO:3028) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,262.59, compared to a current price of 円2,005.00 — trading 11.4% below its estimated fair value. The current Shares Outstanding (Basic Average) is 38 Mil. Alpen Co's overall GF Score™ is 60/100 with 2 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 Alpen Co (NGO:3028), the current Shares Outstanding (Basic Average) is 38 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 Alpen Co (NGO:3028) Overvalued in 2026?

Based on GuruFocus' analysis, Alpen Co stock appears to be undervalued. The current stock price of 円2,005.00 is trading 11.4% below its estimated GF Value™ of 円2,262.59. GuruFocus considers Alpen Co to be Modestly Undervalued.

Key valuation signals for NGO:3028:

  • Shares Outstanding (Basic Average): 38 Mil
  • GF Value™: 円2,262.59 vs. price of 円2,005.00 (11.4% below fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the NGO:3028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpen Co Business Description

Other Exchanges 3028:Japan
Address Alpen Marunouchi Tower, 9-40, 2-chome, Marunouchi, Naka-ku, Nagoya-shi, Aichi, JPN, 460-8637
Alpen Co Ltd is a Japan-based specialty retailer that is primarily engaged in the production and sale of sports products. The company's products consist of sports equipment, apparel, accessories, dietary supplements, and other items. The company operates through three store formats, including Alpen, focusing on products related to winter sports; Golf 5, primarily providing golf-related sports products; Sports Depo, which offers all kinds of sporting goods. The Sports Depo accounts for around half of the company's total revenue. The company runs a nationwide retail network across Japan.
60GF Score

Get the complete analysis for NGO:3028

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

円2,005.00
Price
円2,262.59
GF Value