CLNFF (Calian Group) Shares Outstanding (Basic Average): 11.5 Mil (As of Mar. 2026)


CLNFF Calian Group Ltd CLNFF
94 GF Score
Price $62.81
GF Value $51.33
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Calian Group Shares Outstanding (Basic Average)?

Calian Group CLNFF +10.67% 94 Shares Outstanding (Basic Average) is 11.5 Mil as of Mar. 2026. GuruFocus rates CLNFF with a GF Score™ of 94/100 and a GF Value™ of $51.33 (Significantly 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. Calian Group's average basic shares outstanding for the quarter that ended in Mar. 2026 was 11.5 Mil.


Calian Group  (OTCPK:CLNFF) 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.


Calian Group Shares Outstanding (Basic Average) Related Terms


Calian Group Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Calian Group'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.

Calian Group Shares Outstanding (Basic Average) Chart

Calian Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.60 11.34 11.72 11.84 11.58

Calian Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) 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 11.73 11.48 11.35 11.38 11.45
CLNFF
94GF Score
Calian Group Ltd CLNFF
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Calian Group 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 11.5 Mil mean?
Calian Group (CLNFF) has a Shares Outstanding (Basic Average) of 11.5 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Calian Group and its competitors.
Is Calian Group's Shares Outstanding (Basic Average) too high?
Calian Group's current Shares Outstanding (Basic Average) is 11.5 Mil. Overall, Calian Group has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Calian Group's Shares Outstanding (Basic Average) compare to CTAS and CPRT?
Calian Group's Shares Outstanding (Basic Average) of 11.5 Mil can be compared against companies in the Business 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 (Basic Average) for a Business Services company?
A good Shares Outstanding (Basic Average) depends on the Business Services 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 Calian Group and its competitors. Calian Group's current Shares Outstanding (Basic Average) is 11.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calian Group stock overvalued right now?
Based on GuruFocus' analysis, Calian Group (CLNFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $51.33, compared to a current price of $62.81 — trading 22.4% above its estimated fair value. The current Shares Outstanding (Basic Average) is 11.5 Mil. Calian Group's overall GF Score™ is 94/100 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 (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Calian Group (CLNFF), the current Shares Outstanding (Basic Average) is 11.5 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 Calian Group (CLNFF) Overvalued in 2026?

Based on GuruFocus' analysis, Calian Group stock appears to be overvalued. The current stock price of $62.81 is trading 22.4% above its estimated GF Value™ of $51.33. GuruFocus considers Calian Group to be Significantly Overvalued.

Key valuation signals for CLNFF:

  • Shares Outstanding (Basic Average): 11.5 Mil
  • GF Value™: $51.33 vs. price of $62.81 (22.4% above fair value)
  • GF Score™: 94/100 with 6 warning signs

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


Calian Group Business Description

Other Exchanges CGY:Canada
Address 770 Palladium Drive, Ottawa, ON, CAN, K2V 1C8
Calian Group Ltd provides services to industry and government across health, learning, defence, security, aerospace, engineering, AgTech, satcom, and IT. The company operates through four segments: Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS), with majority revenue from Advanced Technologies. Its solutions cover cybersecurity and cloud services, communication and connectivity, antennas and SatCom solutions, enterprise IT and managed services, defence and military support, software and embedded design, modelling and simulation, and healthcare services, including virtual care, psychological services, staff augmentation, and pharma PSP and CRO services. It generates the majority of revenue from Canada and has a presence in the United States, Europe, and other.
94GF Score

Get the complete analysis for CLNFF

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

$62.81
Price
$51.33
GF Value