Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Chemring Group's average basic shares outstanding for the quarter that ended in Apr. 2026 was 271.7 Mil.
Chemring Group (OTCPK:CMGMF) 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.
Chemring Group Shares Outstanding (Basic Average) Related Terms
Chemring Group Shares Outstanding (Basic Average) Historical Data
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The historical data trend for Chemring 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.
Chemring Group Shares Outstanding (Basic Average) Chart
Chemring 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 271.7 Mil mean?
Chemring Group (CMGMF) has a Shares Outstanding (Basic Average) of 271.7 Mil as of Apr. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Chemring Group and its competitors.
Is Chemring Group's Shares Outstanding (Basic Average) too high?
Chemring Group's current Shares Outstanding (Basic Average) is 271.7 Mil. Overall, Chemring Group has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chemring Group's Shares Outstanding (Basic Average) compare to GE and RTX?
Chemring Group's Shares Outstanding (Basic Average) of 271.7 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Shares Outstanding (Basic Average) depends on the Aerospace & Defense 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 Chemring Group and its competitors. Chemring Group's current Shares Outstanding (Basic Average) is 271.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemring Group stock overvalued right now?
Based on GuruFocus' analysis, Chemring Group (CMGMF) is currently considered Fairly Valued. The stock's GF Value™ is $6.10, compared to a current price of $6.43 — trading 5.3% above its estimated fair value. The current Shares Outstanding (Basic Average) is 271.7 Mil. Chemring Group's overall GF Score™ is 83/100 with 4 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 Chemring Group (CMGMF), the current Shares Outstanding (Basic Average) is 271.7 Mil as of Apr. 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 Chemring Group (CMGMF) Overvalued in 2026?
Based on GuruFocus' analysis, Chemring Group stock appears to be overvalued.
The current stock price of $6.43 is trading 5.3% above its estimated GF Value™ of $6.10.
GuruFocus considers Chemring Group to be Fairly Valued.
Key valuation signals for CMGMF:
Shares Outstanding (Basic Average): 271.7 Mil
GF Value™: $6.10 vs. price of $6.43 (5.3% above fair value)
No single metric tells the full story. See the CMGMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chemring Group PLC is a defense technology company. The company's operating segment include: i) Countermeasures and Energetics segment: It is engaged in the development and manufacturing of expendable countermeasures for air and sea platforms, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile components, propellants, separation sub-systems, actuators, and energetic materials, ii) Sensors and Information: it is engaged in the development and manufacturing of electronic countermeasures, chemical and biological threat detection equipment, and explosive hazard detection (EHD) equipment. It generated the majority of the revenue from the Countermeasures and Energetics segment. Geographically, the maximum revenue is generated from the USA.
83GF Score
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