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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Turkcell Iletisim Hizmetleri AS's average diluted shares outstanding for the quarter that ended in Mar. 2026 was 870 Mil.
Turkcell Iletisim Hizmetleri AS (NYSE:TKC) 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.
Turkcell Iletisim Hizmetleri AS Shares Outstanding (Diluted Average) Related Terms
Turkcell Iletisim Hizmetleri AS Shares Outstanding (Diluted Average) Historical Data
* 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.
Turkcell Iletisim Hizmetleri AS Shares Outstanding (Diluted Average) Chart
Turkcell Iletisim Hizmetleri AS 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 870 Mil mean?
Turkcell Iletisim Hizmetleri AS (TKC) has a Shares Outstanding (Diluted Average) of 870 Mil as of Mar. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Turkcell Iletisim Hizmetleri AS and its competitors.
Is Turkcell Iletisim Hizmetleri AS's Shares Outstanding (Diluted Average) too high?
Turkcell Iletisim Hizmetleri AS's current Shares Outstanding (Diluted Average) is 870 Mil. Overall, Turkcell Iletisim Hizmetleri AS has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Turkcell Iletisim Hizmetleri AS's Shares Outstanding (Diluted Average) compare to VZ and TMUS?
Turkcell Iletisim Hizmetleri AS's Shares Outstanding (Diluted Average) of 870 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 (Diluted Average) for a Telecommunication Services company?
A good Shares Outstanding (Diluted Average) depends on the Telecommunication Services 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 Turkcell Iletisim Hizmetleri AS and its competitors. Turkcell Iletisim Hizmetleri AS's current Shares Outstanding (Diluted Average) is 870 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkcell Iletisim Hizmetleri AS stock overvalued right now?
Based on GuruFocus' analysis, Turkcell Iletisim Hizmetleri AS (TKC) is currently considered Fairly Valued. The stock's GF Value™ is $5.56, compared to a current price of $5.49 — trading 1.3% below its estimated fair value. The current Shares Outstanding (Diluted Average) is 870 Mil. Turkcell Iletisim Hizmetleri AS's overall GF Score™ is 96/100 with 6 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 Turkcell Iletisim Hizmetleri AS (TKC), the current Shares Outstanding (Diluted Average) is 870 Mil as of Mar. 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 Turkcell Iletisim Hizmetleri AS (TKC) Overvalued in 2026?
Based on GuruFocus' analysis, Turkcell Iletisim Hizmetleri AS stock appears to be undervalued.
The current stock price of $5.49 is trading 1.3% below its estimated GF Value™ of $5.56.
GuruFocus considers Turkcell Iletisim Hizmetleri AS to be Fairly Valued.
Key valuation signals for TKC:
Shares Outstanding (Diluted Average): 870 Mil
GF Value™: $5.56 vs. price of $5.49 (1.3% below fair value)
No single metric tells the full story. See the TKC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm's services portfolio includes mobile and fixed voice, data, TV, and digital services over its network. The firm also operates in the Turkish Republic of Northern Cyprus, Belarus, the Netherlands, and Ukraine. It has three main reportable segments: Turkcell Turkiye, Techfin, and Other. The Turkcell Turkiye segment, which derives the majority of revenue, comprises mainly telecommunication and technology services activities.
96GF Score
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