TOYO (Toyo Co) Shares Outstanding (Basic Average): 30.1 Mil (As of Dec. 2025)


TOYO Toyo Co Ltd TOYO
21 GF Score
Price $7.87
! 2 Warning Signs
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What is Toyo Co Shares Outstanding (Basic Average)?

Toyo Co TOYO -39.13% 21 Shares Outstanding (Basic Average) is 30.1 Mil as of Dec. 2025. GuruFocus rates TOYO with a GF Score™ of 21/100. 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. Toyo Co's average basic shares outstanding for the quarter that ended in Dec. 2025 was 30.1 Mil.

Toyo Co  (NAS:TOYO) 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.

Toyo Co Shares Outstanding (Basic Average) Related Terms

Toyo Co Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Toyo 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.

Toyo Co Shares Outstanding (Basic Average) Chart

Toyo Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
44.34 44.34 30.75 30.10

Toyo Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 44.34 46.10 46.60 34.04 30.10
TOYO
21GF Score
Toyo Co Ltd TOYO
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Toyo 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 30.1 Mil mean?
Toyo Co (TOYO) has a Shares Outstanding (Basic Average) of 30.1 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Toyo Co and its competitors.
Is Toyo Co's Shares Outstanding (Basic Average) too high?
Toyo Co's current Shares Outstanding (Basic Average) is 30.1 Mil. Overall, Toyo Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Toyo Co's Shares Outstanding (Basic Average) compare to TYGO and SPWR?
Toyo Co's Shares Outstanding (Basic Average) of 30.1 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Shares Outstanding (Basic Average) depends on the Semiconductors 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 Toyo Co and its competitors. Toyo Co's current Shares Outstanding (Basic Average) is 30.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Co stock overvalued right now?
Toyo Co (TOYO) has a current Shares Outstanding (Basic Average) of 30.1 Mil. The current Shares Outstanding (Basic Average) is 30.1 Mil. Toyo Co's overall GF Score™ is 21/100 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 Toyo Co (TOYO), the current Shares Outstanding (Basic Average) is 30.1 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.

Toyo Co Business Description

Address Tennoz First Tower, 16 Floor, 2-2-4, Higashi-shinagawa, Shinagawa-ku, Tokyo, JPN, 140-0002
Toyo Co Ltd, along with its subsidiaries, is engaged in research and development, production, and sales of solar cells and solar modules and related businesses. The company operates across the solar value chain, including upstream wafer and silicon manufacturing, midstream solar cell production, and downstream photovoltaic (PV) module production. It generated revenues from sales of solar cells, solar modules and provision of facilitation services. Geographically, the company derived the majority of the revenue from the USA.
21GF Score

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$7.87
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