International Breweries (NSA:IBP) Shares Outstanding (EOP): 168,292 Mil (As of Mar. 2026)


NSA:IBP International Breweries PLC NSA:IBP
44 GF Score
Price ₦10.45
GF Value ₦2.30
Valuation Significantly Overvalued
! 2 Warning Signs
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What is International Breweries Shares Outstanding (EOP)?

International Breweries NSA:IBP -8.33% 44 Shares Outstanding (EOP) is 168,292 Mil as of Mar. 2026. GuruFocus rates NSA:IBP with a GF Score™ of 44/100 and a GF Value™ of ₦2.30 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. International Breweries's shares outstanding for the quarter that ended in Mar. 2026 was 168,292 Mil.

International Breweries's quarterly shares outstanding stayed the same from Dec. 2025 (168,292 Mil) to Mar. 2026 (168,292 Mil).

International Breweries's annual shares outstanding stayed the same from Dec. 2024 (168,292 Mil) to Dec. 2025 (168,292 Mil).


International Breweries  (NSA:IBP) 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.


International Breweries Shares Outstanding (EOP) Related Terms


International Breweries Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for International Breweries'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.

International Breweries Shares Outstanding (EOP) Chart

International Breweries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only 32,932.59 32,932.59 32,932.59 168,291.59 168,291.59

International Breweries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) 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 168,291.59 168,291.59 168,291.59 168,291.59 168,291.59

NSA:IBP vs STZ, TAP: Shares Outstanding (EOP) Comparison

For the Beverages - Brewers subindustry, International Breweries'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.


International Breweries Shares Outstanding (EOP) vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, International Breweries's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where International Breweries's Shares Outstanding (EOP) falls into.


NSA:IBP
44GF Score
International Breweries PLC NSA:IBP
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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International Breweries Shares Outstanding (EOP) 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 end of period. 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 (EOP) of 168,292 Mil mean?
International Breweries (NSA:IBP) has a Shares Outstanding (EOP) of 168,292 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on International Breweries and its competitors.
Is International Breweries' Shares Outstanding (EOP) too high?
International Breweries' current Shares Outstanding (EOP) is 168,292 Mil. Overall, International Breweries has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Breweries' Shares Outstanding (EOP) compare to STZ and TAP?
International Breweries' Shares Outstanding (EOP) of 168,292 Mil can be compared against companies in the Beverages - Alcoholic 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 a Beverages - Alcoholic company?
A good Shares Outstanding (EOP) depends on the Beverages - Alcoholic 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 International Breweries and its competitors. International Breweries's current Shares Outstanding (EOP) is 168,292 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Breweries stock overvalued right now?
Based on GuruFocus' analysis, International Breweries (NSA:IBP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2.30, compared to a current price of ₦10.45 — trading 354.3% above its estimated fair value. The current Shares Outstanding (EOP) is 168,292 Mil. International Breweries' overall GF Score™ is 44/100 with 2 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 International Breweries (NSA:IBP), the current Shares Outstanding (EOP) is 168,292 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 International Breweries (NSA:IBP) Overvalued in 2026?

Based on GuruFocus' analysis, International Breweries stock appears to be overvalued. The current stock price of ₦10.45 is trading 354.3% above its estimated GF Value™ of ₦2.30. GuruFocus considers International Breweries to be Significantly Overvalued.

Key valuation signals for NSA:IBP:

  • Shares Outstanding (EOP): 168,292 Mil
  • GF Value™: ₦2.30 vs. price of ₦10.45 (354.3% above fair value)
  • GF Score™: 44/100 with 2 warning signs

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


International Breweries Business Description

Address Abuja Street, Plot 5A, Desiderata Building, Banana Island, Ikoyi, Lagos, NGA
International Breweries PLC engages in brewing, packaging, and marketing beer, alcoholic flavored/non-alcoholic beverages, and soft drinks in Nigeria. The company offers its products under the Trophy Lager, Trophy Black, Castle Milk Stout, Castle Lager, Redds, Hero, Grand Malt, Betamalt malt drink, and Voltic Water brands.
44GF Score

Get the complete analysis for NSA:IBP

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

₦10.45
Price
₦2.30
GF Value