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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Tandy Leather Factory's average diluted shares outstanding for the quarter that ended in Jun. 2026 was 8.16 Mil.
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.
Tandy Leather Factory Shares Outstanding (Diluted Average) Related Terms
Tandy Leather Factory Shares Outstanding (Diluted Average) Historical Data
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The historical data trend for Tandy Leather Factory'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.
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 8.16 Mil mean?
Tandy Leather Factory (FRA:V5D) has a Shares Outstanding (Diluted Average) of 8.16 Mil as of Jun. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Tandy Leather Factory and its competitors.
Is Tandy Leather Factory's Shares Outstanding (Diluted Average) too high?
Tandy Leather Factory's current Shares Outstanding (Diluted Average) is 8.16 Mil. Overall, Tandy Leather Factory has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tandy Leather Factory's Shares Outstanding (Diluted Average) compare to RECT and AETN?
Tandy Leather Factory's Shares Outstanding (Diluted Average) of 8.16 Mil can be compared against companies in the Retail - Cyclical 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 a Retail - Cyclical company?
A good Shares Outstanding (Diluted Average) depends on the Retail - Cyclical 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 Tandy Leather Factory and its competitors. Tandy Leather Factory's current Shares Outstanding (Diluted Average) is 8.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tandy Leather Factory stock overvalued right now?
Based on GuruFocus' analysis, Tandy Leather Factory (FRA:V5D) is currently considered Significantly Undervalued. The stock's GF Value™ is €3.59, compared to a current price of €2.22 — trading 38.2% below its estimated fair value. The current Shares Outstanding (Diluted Average) is 8.16 Mil. Tandy Leather Factory's overall GF Score™ is 47/100 with 3 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 Tandy Leather Factory (FRA:V5D), the current Shares Outstanding (Diluted Average) is 8.16 Mil as of Jun. 2026. 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 Tandy Leather Factory (FRA:V5D) Overvalued in 2026?
Based on GuruFocus' analysis, Tandy Leather Factory stock appears to be undervalued.
The current stock price of €2.22 is trading 38.2% below its estimated GF Value™ of €3.59.
GuruFocus considers Tandy Leather Factory to be Significantly Undervalued.
Key valuation signals for FRA:V5D:
Shares Outstanding (Diluted Average): 8.16 Mil
GF Value™: €3.59 vs. price of €2.22 (38.2% below fair value)
No single metric tells the full story. See the FRA:V5D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tandy Leather Factory Inc. is a specialty retailer and wholesale distributor of leather and leathercraft supplies based in the United States. The company sells leather, leatherworking tools, hardware, dyes and finishes, adhesives, do-it-yourself kits, books, patterns, and related accessories. It serves individual hobbyists, crafters, and small businesses through company-owned retail stores, its e-commerce websites, and catalog sales, while its commercial division supplies larger-volume customers such as manufacturers, repair shops, and educational institutions through direct account representatives. Tandy also operates a leathercraft education program offering classes and demonstrations. The company generates revenue primarily from retail store sales and online orders, supplemented by wholesale and commercial accounts. Its operations are concentrated in the United States, which accounts for the majority of revenue, with additional stores and sales in Canada and other international markets. Tandy sources much of its leather and tools from overseas suppliers and sells under its own brand names.
47GF Score
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