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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Concrad International Securities Co's average basic shares outstanding for the quarter that ended in Dec. 2025 was 504.5 Mil.
Concrad International Securities Co (ROCO:5864) 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.
Concrad International Securities Co Shares Outstanding (Basic Average) Related Terms
Concrad International Securities Co 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.
Concrad International Securities Co Shares Outstanding (Basic Average) Chart
Concrad International Securities 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 504.5 Mil mean?
Concrad International Securities Co (ROCO:5864) has a Shares Outstanding (Basic Average) of 504.5 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Concrad International Securities Co and its competitors.
Is Concrad International Securities Co's Shares Outstanding (Basic Average) too high?
Concrad International Securities Co's current Shares Outstanding (Basic Average) is 504.5 Mil. Overall, Concrad International Securities Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Concrad International Securities Co's Shares Outstanding (Basic Average) compare to MS and GS?
Concrad International Securities Co's Shares Outstanding (Basic Average) of 504.5 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 Concrad International Securities Co and its competitors. Concrad International Securities Co's current Shares Outstanding (Basic Average) is 504.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concrad International Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Concrad International Securities Co (ROCO:5864) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.46, compared to a current price of NT$36.25 — trading 246.6% above its estimated fair value. The current Shares Outstanding (Basic Average) is 504.5 Mil. Concrad International Securities Co's overall GF Score™ is 60/100 with 7 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 Concrad International Securities Co (ROCO:5864), the current Shares Outstanding (Basic Average) is 504.5 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 Concrad International Securities Co (ROCO:5864) Overvalued in 2026?
Based on GuruFocus' analysis, Concrad International Securities Co stock appears to be overvalued.
The current stock price of NT$36.25 is trading 246.6% above its estimated GF Value™ of NT$10.46.
GuruFocus considers Concrad International Securities Co to be Significantly Overvalued.
Key valuation signals for ROCO:5864:
Shares Outstanding (Basic Average): 504.5 Mil
GF Value™: NT$10.46 vs. price of NT$36.25 (246.6% above fair value)
No single metric tells the full story. See the ROCO:5864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Concrad International Securities Co Business Description
Concrad International Securities Co Ltd is a comprehensive securities firm. It is involved in the following business activities: underwriting of marketable securities; trading of marketable securities on the account of its customers or its own on a centralized securities exchange market; trading of marketable securities at the company's branches; providing margin loan, short sale and refinancing services; futures trading on a proprietary basis; dealing in foreign marketable securities; securities business money lending; and providing other relevant services. The company's operating departments are Brokerage, Self-employed, which derives maximum revenue, Underwriting, and Other.
60GF Score
Get the complete analysis for ROCO:5864
Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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