Makarony Polskie (WAR:MAK) Shares Outstanding (EOP): 10.9 Mil (As of Mar. 2026)


WAR:MAK Makarony Polskie SA WAR:MAK
93 GF Score
Price zł24.70
GF Value zł19.17
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Makarony Polskie Shares Outstanding (EOP)?

Makarony Polskie WAR:MAK +1.44% 93 Shares Outstanding (EOP) is 10.9 Mil as of Mar. 2026. GuruFocus rates WAR:MAK with a GF Score™ of 93/100 and a GF Value™ of zł19.17 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Makarony Polskie's shares outstanding for the quarter that ended in Mar. 2026 was 10.9 Mil.

Makarony Polskie's quarterly shares outstanding stayed the same from Dec. 2025 (10.9 Mil) to Mar. 2026 (10.9 Mil).

Makarony Polskie's annual shares outstanding declined from Dec. 2024 (11.0 Mil) to Dec. 2025 (10.9 Mil). It means Makarony Polskie bought back shares from Dec. 2024 to Dec. 2025 .


Makarony Polskie  (WAR:MAK) 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.


Makarony Polskie Shares Outstanding (EOP) Related Terms


Makarony Polskie Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Makarony Polskie'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.

Makarony Polskie Shares Outstanding (EOP) Chart

Makarony Polskie Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.25 11.04 11.04 10.99 10.90

Makarony Polskie 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 10.99 10.90 10.90 10.90 10.90

WAR:MAK vs KHC, GIS: Shares Outstanding (EOP) Comparison

For the Packaged Foods subindustry, Makarony Polskie'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.


Makarony Polskie Shares Outstanding (EOP) vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Makarony Polskie's Shares Outstanding (EOP) distribution charts can be found below:

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


WAR:MAK
93GF Score
Makarony Polskie SA WAR:MAK
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Makarony Polskie 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 10.9 Mil mean?
Makarony Polskie (WAR:MAK) has a Shares Outstanding (EOP) of 10.9 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Makarony Polskie and its competitors.
Is Makarony Polskie's Shares Outstanding (EOP) too high?
Makarony Polskie's current Shares Outstanding (EOP) is 10.9 Mil. Overall, Makarony Polskie has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makarony Polskie's Shares Outstanding (EOP) compare to KHC and GIS?
Makarony Polskie's Shares Outstanding (EOP) of 10.9 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Shares Outstanding (EOP) depends on the Consumer Packaged Goods 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 Makarony Polskie and its competitors. Makarony Polskie's current Shares Outstanding (EOP) is 10.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makarony Polskie stock overvalued right now?
Based on GuruFocus' analysis, Makarony Polskie (WAR:MAK) is currently considered Modestly Overvalued. The stock's GF Value™ is zł19.17, compared to a current price of zł24.70 — trading 28.8% above its estimated fair value. The current Shares Outstanding (EOP) is 10.9 Mil. Makarony Polskie's overall GF Score™ is 93/100 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 (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Makarony Polskie (WAR:MAK), the current Shares Outstanding (EOP) is 10.9 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 Makarony Polskie (WAR:MAK) Overvalued in 2026?

Based on GuruFocus' analysis, Makarony Polskie stock appears to be overvalued. The current stock price of zł24.70 is trading 28.8% above its estimated GF Value™ of zł19.17. GuruFocus considers Makarony Polskie to be Modestly Overvalued.

Key valuation signals for WAR:MAK:

  • Shares Outstanding (EOP): 10.9 Mil
  • GF Value™: zł19.17 vs. price of zł24.70 (28.8% above fair value)
  • GF Score™: 93/100 with 6 warning signs

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


Makarony Polskie Business Description

Address Ulica Podkarpacka 15a, Rzeszow, POL, 35-082
Makarony Polskie SA is a Poland-based company involved in manufacturing pasta products in stamped and rolled technology. The company's segments include Pasta, Meat and vegetable preserves, Vegetable and fruit preserves, and others. It generates maximum revenue from the Pasta segment. Some of its products include spirals, elbows, farfalle, threads, shells, spaghetti, ribbons, waves, and others.
93GF Score

Get the complete analysis for WAR:MAK

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

zł24.70
Price
zł19.17
GF Value