Zyxel Group (TPE:3704) Shares Outstanding (Basic Average): 406 Mil (As of Dec. 2025)

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TPE:3704 Zyxel Group Corp TPE:3704
75 GF Score
Price NT$49.85
GF Value NT$36.90
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Zyxel Group Shares Outstanding (Basic Average)?

Zyxel Group TPE:3704 +9.92% 75 Shares Outstanding (Basic Average) is 406 Mil as of Dec. 2025. GuruFocus rates TPE:3704 with a GF Score™ of 75/100 and a GF Value™ of NT$36.90 (Significantly Overvalued). 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. Zyxel Group's average basic shares outstanding for the quarter that ended in Dec. 2025 was 406 Mil.


Zyxel Group  (TPE:3704) 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.


Zyxel Group Shares Outstanding (Basic Average) Related Terms


Zyxel Group Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Zyxel Group'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.

Zyxel Group Shares Outstanding (Basic Average) Chart

Zyxel Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 490.32 417.80 397.33 403.62 405.35

Zyxel Group 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 404.15 404.44 404.23 405.11 406.13
TPE:3704
75GF Score
Zyxel Group Corp TPE:3704
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Zyxel Group 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 406 Mil mean?
Zyxel Group (TPE:3704) has a Shares Outstanding (Basic Average) of 406 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Zyxel Group and its competitors.
Is Zyxel Group's Shares Outstanding (Basic Average) too high?
Zyxel Group's current Shares Outstanding (Basic Average) is 406 Mil. Overall, Zyxel Group has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zyxel Group's Shares Outstanding (Basic Average) compare to CSCO and CIEN?
Zyxel Group's Shares Outstanding (Basic Average) of 406 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Shares Outstanding (Basic Average) depends on the Hardware 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 Zyxel Group and its competitors. Zyxel Group's current Shares Outstanding (Basic Average) is 406 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zyxel Group stock overvalued right now?
Based on GuruFocus' analysis, Zyxel Group (TPE:3704) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$36.90, compared to a current price of NT$49.85 — trading 35.1% above its estimated fair value. The current Shares Outstanding (Basic Average) is 406 Mil. Zyxel Group's overall GF Score™ is 75/100 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 Zyxel Group (TPE:3704), the current Shares Outstanding (Basic Average) is 406 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 Zyxel Group (TPE:3704) Overvalued in 2026?

Based on GuruFocus' analysis, Zyxel Group stock appears to be overvalued. The current stock price of NT$49.85 is trading 35.1% above its estimated GF Value™ of NT$36.90. GuruFocus considers Zyxel Group to be Significantly Overvalued.

Key valuation signals for TPE:3704:

  • Shares Outstanding (Basic Average): 406 Mil
  • GF Value™: NT$36.90 vs. price of NT$49.85 (35.1% above fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the TPE:3704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zyxel Group Business Description

Address Gongdao 5th Road, 3rd Floor, No. 363, Section 2, East District, Hsinchu, TWN
Zyxel Group Corp is a Taiwan-based company that offers communications and networking products. It produces wifi systems, wireless extenders, home routers, cloud access cameras, switches, power and adapters, personal cloud storage, and security appliances and services. Geographically, it covers the United States, France, and other countries. It has four reportable segments: brand business segment, channel business segment, product business segment, and investment segment.
75GF Score

Get the complete analysis for TPE:3704

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

NT$49.85
Price
NT$36.90
GF Value