Microequities Asset Management Group (ASX:MAM) Shares Outstanding (Diluted Average): 132.20 Mil (As of Dec. 2025)

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ASX:MAM Microequities Asset Management Group Ltd ASX:MAM
42 GF Score
Price A$0.44
GF Value A$0.61
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Microequities Asset Management Group Shares Outstanding (Diluted Average)?

Microequities Asset Management Group ASX:MAM -2.25% 42 Shares Outstanding (Diluted Average) is 132.20 Mil as of Dec. 2025. GuruFocus rates ASX:MAM with a GF Score™ of 42/100 and a GF Value™ of A$0.61 (Modestly Undervalued). 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. Microequities Asset Management Group's average diluted shares outstanding for the quarter that ended in Dec. 2025 was 132.20 Mil.

Microequities Asset Management Group  (ASX:MAM) Shares Outstanding (Diluted 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.

Microequities Asset Management Group Shares Outstanding (Diluted Average) Related Terms

Microequities Asset Management Group Shares Outstanding (Diluted Average) Historical Data

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The historical data trend for Microequities Asset Management Group's Shares Outstanding (Diluted 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.

Microequities Asset Management Group Shares Outstanding (Diluted Average) Chart

Microequities Asset Management Group Annual Data
Trend Dec17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only 133.07 130.81 131.95 133.13 133.14

Microequities Asset Management Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (Diluted 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 132.22 134.03 133.02 133.26 132.20
ASX:MAM
42GF Score
Microequities Asset Management Group Ltd ASX:MAM
Shares Outstanding (Diluted Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Microequities Asset Management Group Shares Outstanding (Diluted 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 (Diluted Average) of 132.20 Mil mean?
Microequities Asset Management Group (ASX:MAM) has a Shares Outstanding (Diluted Average) of 132.20 Mil as of Dec. 2025. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Microequities Asset Management Group and its competitors.
Is Microequities Asset Management Group's Shares Outstanding (Diluted Average) too high?
Microequities Asset Management Group's current Shares Outstanding (Diluted Average) is 132.20 Mil. Overall, Microequities Asset Management Group has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Microequities Asset Management Group's Shares Outstanding (Diluted Average) compare to BLK and BX?
Microequities Asset Management Group's Shares Outstanding (Diluted Average) of 132.20 Mil can be compared against companies in the Asset Management 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 (Diluted Average) for an Asset Management company?
A good Shares Outstanding (Diluted Average) depends on the Asset Management industry context. However, Shares Outstanding (Diluted 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 (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Microequities Asset Management Group and its competitors. Microequities Asset Management Group's current Shares Outstanding (Diluted Average) is 132.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microequities Asset Management Group stock overvalued right now?
Based on GuruFocus' analysis, Microequities Asset Management Group (ASX:MAM) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.61, compared to a current price of A$0.44 — trading 28.7% below its estimated fair value. The current Shares Outstanding (Diluted Average) is 132.20 Mil. Microequities Asset Management Group's overall GF Score™ is 42/100 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 (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Microequities Asset Management Group (ASX:MAM), the current Shares Outstanding (Diluted Average) is 132.20 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 Microequities Asset Management Group (ASX:MAM) Overvalued in 2026?

Based on GuruFocus' analysis, Microequities Asset Management Group stock appears to be undervalued. The current stock price of A$0.44 is trading 28.7% below its estimated GF Value™ of A$0.61. GuruFocus considers Microequities Asset Management Group to be Modestly Undervalued.

Key valuation signals for ASX:MAM:

  • Shares Outstanding (Diluted Average): 132.20 Mil
  • GF Value™: A$0.61 vs. price of A$0.44 (28.7% below fair value)
  • GF Score™: 42/100 with 4 warning signs

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

Microequities Asset Management Group Business Description

Address 1 Farrer Place, Suite 3105, Level 31, Governor Macquarie Tower, Sydney, NSW, AUS, 2000
Microequities Asset Management Group Ltd is an asset management firm. It is a boutique value driven Fund manager specialised in exchange listed industrial microcap and small cap companies.
42GF Score

Get the complete analysis for ASX:MAM

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

A$0.44
Price
A$0.61
GF Value