Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. CEZ AS's shares outstanding for the quarter that ended in Mar. 2026 was 537 Mil.
CEZ AS's quarterly shares outstanding
stayed the same
from Dec. 2025 (537 Mil) to Mar. 2026 (537 Mil).
CEZ AS's annual shares outstanding
stayed the same
from Dec. 2024 (537 Mil) to Dec. 2025 (537 Mil).
CEZ AS (FRA:CEZ) Shares Outstanding (EOP) 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.
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.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
CEZ AS Shares Outstanding (EOP) Related Terms
CEZ AS Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for CEZ AS's Shares Outstanding (EOP) 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.
FRA:CEZ vs NEE, SO, DUK: Shares Outstanding (EOP) Comparison
For the Utilities - Regulated Electric subindustry, CEZ AS's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CEZ AS Shares Outstanding (EOP) vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CEZ AS's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where CEZ AS's Shares Outstanding (EOP) falls into.
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.
What does a Shares Outstanding (EOP) of 537 Mil mean?
CEZ AS (FRA:CEZ) has a Shares Outstanding (EOP) of 537 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on CEZ AS and its competitors.
Is CEZ AS's Shares Outstanding (EOP) too high?
CEZ AS's current Shares Outstanding (EOP) is 537 Mil. Overall, CEZ AS has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CEZ AS's Shares Outstanding (EOP) compare to NEE and SO?
CEZ AS's Shares Outstanding (EOP) of 537 Mil can be compared against companies in the Utilities - Regulated 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 (EOP) for an Utilities - Regulated company?
A good Shares Outstanding (EOP) depends on the Utilities - Regulated industry context. However, Shares Outstanding (EOP) 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 (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on CEZ AS and its competitors. CEZ AS's current Shares Outstanding (EOP) is 537 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEZ AS stock overvalued right now?
Based on GuruFocus' analysis, CEZ AS (FRA:CEZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €44.94, compared to a current price of €50.75 — trading 12.9% above its estimated fair value. The current Shares Outstanding (EOP) is 537 Mil. CEZ AS's overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For CEZ AS (FRA:CEZ), the current Shares Outstanding (EOP) is 537 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 CEZ AS (FRA:CEZ) Overvalued in 2026?
Based on GuruFocus' analysis, CEZ AS stock appears to be overvalued.
The current stock price of €50.75 is trading 12.9% above its estimated GF Value™ of €44.94.
GuruFocus considers CEZ AS to be Modestly Overvalued.
Key valuation signals for FRA:CEZ:
Shares Outstanding (EOP): 537 Mil
GF Value™: €44.94 vs. price of €50.75 (12.9% above fair value)
No single metric tells the full story. See the FRA:CEZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CEZ AS is a Czech energy company of which the government of the Czech Republic is the majority shareholder. The core business of the company is the generation, distribution, trade, and sale of electricity and heat, coal mining, trading in commodities and provision of complex energy services, distribution, trade, and sale of natural gas, and the provision of telecommunications services. Total energy production is mainly split between facilities utilizing thermal and nuclear inputs. CEZ segments comprise Generation; Distribution; Sales and Mining. The group operates mainly in Czechia and in Central and Western European markets.
70GF Score
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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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