Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Granges AB's average basic shares outstanding for the quarter that ended in Mar. 2026 was 106 Mil.
Granges AB (CHIX:GRNGs) Shares Outstanding (Basic 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.
Granges AB Shares Outstanding (Basic Average) Related Terms
Granges AB Shares Outstanding (Basic Average) Historical Data
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The historical data trend for Granges AB's Shares Outstanding (Basic 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.
Granges AB Shares Outstanding (Basic Average) Chart
Granges AB Shares Outstanding (Basic 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 (Basic Average) of 106 Mil mean?
Granges AB (CHIX:GRNGS) has a Shares Outstanding (Basic Average) of 106 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Granges AB and its competitors.
Is Granges AB's Shares Outstanding (Basic Average) too high?
Granges AB's current Shares Outstanding (Basic Average) is 106 Mil. Overall, Granges AB has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Granges AB's Shares Outstanding (Basic Average) compare to AA?
Granges AB's Shares Outstanding (Basic Average) of 106 Mil can be compared against companies in the Metals & Mining 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 (Basic Average) for a Metals & Mining company?
A good Shares Outstanding (Basic Average) depends on the Metals & Mining industry context. However, Shares Outstanding (Basic 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 (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Granges AB and its competitors. Granges AB's current Shares Outstanding (Basic Average) is 106 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granges AB stock overvalued right now?
Based on GuruFocus' analysis, Granges AB (CHIX:GRNGS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr163.12, compared to a current price of kr186.40 — trading 14.3% above its estimated fair value. The current Shares Outstanding (Basic Average) is 106 Mil. Granges AB's overall GF Score™ is 94/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Granges AB (CHIX:GRNGS), the current Shares Outstanding (Basic Average) is 106 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 Granges AB (CHIX:GRNGS) Overvalued in 2026?
Based on GuruFocus' analysis, Granges AB stock appears to be overvalued.
The current stock price of kr186.40 is trading 14.3% above its estimated GF Value™ of kr163.12.
GuruFocus considers Granges AB to be Modestly Overvalued.
Key valuation signals for CHIX:GRNGS:
Shares Outstanding (Basic Average): 106 Mil
GF Value™: kr163.12 vs. price of kr186.40 (14.3% above fair value)
No single metric tells the full story. See the CHIX:GRNGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Granges AB is a Sweden-based supplier of rolled aluminum products for original equipment manufacturers. It offers products in heat exchanger applications, specialty packaging, and new rolled product niches. Some of the products offered by the company include clad tubes, mechanically bonded copper tubes, brazed aluminum heat exchangers, aluminum packaging products, cathode foil materials, battery cooling aluminum plates, and aluminum powder materials, among others. These products find their applications in automotive, electrification and battery, specialty packaging, industrial, heating, ventilation and air conditioning, and other industries. The company's operating segments are Granges Americas, Granges Asia, and Granges Europe. Maximum revenue is derived from the Granges Americas segment.
94GF Score
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