Sincere Security (ROCO:6721) Shares Outstanding (Basic Average): 23 Mil (As of Dec. 2025)


ROCO:6721 Sincere Security Corp Ltd ROCO:6721
93 GF Score
Price NT$55.40
GF Value NT$68.24
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sincere Security Shares Outstanding (Basic Average)?

Sincere Security ROCO:6721 -0.54% 93 Shares Outstanding (Basic Average) is 23 Mil as of Dec. 2025. GuruFocus rates ROCO:6721 with a GF Score™ of 93/100 and a GF Value™ of NT$68.24 (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. Sincere Security's average basic shares outstanding for the quarter that ended in Dec. 2025 was 23 Mil.


Sincere Security  (ROCO:6721) 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.


Sincere Security Shares Outstanding (Basic Average) Related Terms


Sincere Security Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Sincere Security'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.

Sincere Security Shares Outstanding (Basic Average) Chart

Sincere Security Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only 20.00 22.50 22.50 22.50 22.50

Sincere Security Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 22.50 22.50 22.62 22.46 22.50
ROCO:6721
93GF Score
Sincere Security Corp Ltd ROCO:6721
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Sincere Security 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 23 Mil mean?
Sincere Security (ROCO:6721) has a Shares Outstanding (Basic Average) of 23 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Sincere Security and its competitors.
Is Sincere Security's Shares Outstanding (Basic Average) too high?
Sincere Security's current Shares Outstanding (Basic Average) is 23 Mil. Overall, Sincere Security has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sincere Security's Shares Outstanding (Basic Average) compare to CTAS and CPRT?
Sincere Security's Shares Outstanding (Basic Average) of 23 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Shares Outstanding (Basic Average) depends on the Business Services 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 Sincere Security and its competitors. Sincere Security's current Shares Outstanding (Basic Average) is 23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sincere Security stock overvalued right now?
Based on GuruFocus' analysis, Sincere Security (ROCO:6721) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$68.24, compared to a current price of NT$55.40 — trading 18.8% below its estimated fair value. The current Shares Outstanding (Basic Average) is 23 Mil. Sincere Security's overall GF Score™ is 93/100 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 Sincere Security (ROCO:6721), the current Shares Outstanding (Basic Average) is 23 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 Sincere Security (ROCO:6721) Overvalued in 2026?

Based on GuruFocus' analysis, Sincere Security stock appears to be undervalued. The current stock price of NT$55.40 is trading 18.8% below its estimated GF Value™ of NT$68.24. GuruFocus considers Sincere Security to be Modestly Undervalued.

Key valuation signals for ROCO:6721:

  • Shares Outstanding (Basic Average): 23 Mil
  • GF Value™: NT$68.24 vs. price of NT$55.40 (18.8% below fair value)
  • GF Score™: 93/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6721 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sincere Security Business Description

Address Room 5, 2nd Floor, 201 Heping Street, Hsinchu County, Zhubei, TWN
Sincere Security Corp Ltd is a Taiwan based company involved in property management, cleaning services, mechanical and electrical air-conditioning maintenance and security monitoring. It provides services at science parks, hypermarkets, commercial buildings, schools, golf courses, villas and residential areas, and government units.
93GF Score

Get the complete analysis for ROCO:6721

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

NT$55.40
Price
NT$68.24
GF Value