Maroc Telecom (XPAR:IAM) Shares Outstanding (Basic Average): 879 Mil (As of Dec. 2025)


XPAR:IAM Maroc Telecom SA XPAR:IAM
74 GF Score
Price €8.74
GF Value €9.35
Valuation Fairly Valued
! 4 Warning Signs
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What is Maroc Telecom Shares Outstanding (Basic Average)?

Maroc Telecom XPAR:IAM 74 Shares Outstanding (Basic Average) is 879 Mil as of Dec. 2025. GuruFocus rates XPAR:IAM with a GF Score™ of 74/100 and a GF Value™ of €9.35 (Fairly Valued). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Maroc Telecom's average basic shares outstanding for the quarter that ended in Dec. 2025 was 879 Mil.


Maroc Telecom  (XPAR:IAM) 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.


Maroc Telecom Shares Outstanding (Basic Average) Related Terms


Maroc Telecom Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Maroc Telecom'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.

Maroc Telecom Shares Outstanding (Basic Average) Chart

Maroc Telecom 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 879.10 879.10 879.10 879.10 879.10

Maroc Telecom Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 879.10 879.10 879.10 879.10 879.10
XPAR:IAM
74GF Score
Maroc Telecom SA XPAR:IAM
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Maroc Telecom 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 879 Mil mean?
Maroc Telecom (XPAR:IAM) has a Shares Outstanding (Basic Average) of 879 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Maroc Telecom and its competitors.
Is Maroc Telecom's Shares Outstanding (Basic Average) too high?
Maroc Telecom's current Shares Outstanding (Basic Average) is 879 Mil. Overall, Maroc Telecom has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maroc Telecom's Shares Outstanding (Basic Average) compare to TMUS and VZ?
Maroc Telecom's Shares Outstanding (Basic Average) of 879 Mil can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good Shares Outstanding (Basic Average) depends on the Telecommunication 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 Maroc Telecom and its competitors. Maroc Telecom's current Shares Outstanding (Basic Average) is 879 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maroc Telecom stock overvalued right now?
Based on GuruFocus' analysis, Maroc Telecom (XPAR:IAM) is currently considered Fairly Valued. The stock's GF Value™ is €9.35, compared to a current price of €8.74 — trading 6.5% below its estimated fair value. The current Shares Outstanding (Basic Average) is 879 Mil. Maroc Telecom's overall GF Score™ is 74/100 with 4 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 Maroc Telecom (XPAR:IAM), the current Shares Outstanding (Basic Average) is 879 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 Maroc Telecom (XPAR:IAM) Overvalued in 2026?

Based on GuruFocus' analysis, Maroc Telecom stock appears to be undervalued. The current stock price of €8.74 is trading 6.5% below its estimated GF Value™ of €9.35. GuruFocus considers Maroc Telecom to be Fairly Valued.

Key valuation signals for XPAR:IAM:

  • Shares Outstanding (Basic Average): 879 Mil
  • GF Value™: €9.35 vs. price of €8.74 (6.5% below fair value)
  • GF Score™: 74/100 with 4 warning signs

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


Maroc Telecom Business Description

Other Exchanges IAM:MoroccoMSPA:Germany
Address Avenue Annakhil, Hay Riad, Rabat, MAR
Maroc Telecom SA telecommunications operator in the Kingdom of Morocco. The company provides a wide range of services covering Fixed-Line and Mobile communications, data transfer, and other value-added services. It operates in the Fixed-Line telephony, Mobile telephony and Internet segments. The Fixed-Line and Mobile operating segments are combined within the Services Division (DGS) and the Networks and Systems Division. The company derives majority revenues from Morocco.
74GF Score

Get the complete analysis for XPAR:IAM

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

€8.74
Price
€9.35
GF Value