Black Diamond Group (FRA:8B8) Shares Outstanding (Basic Average): 68.0 Mil (As of Mar. 2026)


FRA:8B8 Black Diamond Group Ltd FRA:8B8
80 GF Score
Price €11.30
GF Value €6.60
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Black Diamond Group Shares Outstanding (Basic Average)?

Black Diamond Group FRA:8B8 80 Shares Outstanding (Basic Average) is 68.0 Mil as of Mar. 2026. GuruFocus rates FRA:8B8 with a GF Score™ of 80/100 and a GF Value™ of €6.60 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Black Diamond Group's average basic shares outstanding for the quarter that ended in Mar. 2026 was 68.0 Mil.


Black Diamond Group  (FRA:8B8) 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.


Black Diamond Group Shares Outstanding (Basic Average) Related Terms


Black Diamond Group Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Black Diamond 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.

Black Diamond Group Shares Outstanding (Basic Average) Chart

Black Diamond Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.62 59.19 60.20 61.03 63.69

Black Diamond 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 61.28 61.30 65.18 66.95 67.99
FRA:8B8
80GF Score
Black Diamond Group Ltd FRA:8B8
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Diamond 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 68.0 Mil mean?
Black Diamond Group (FRA:8B8) has a Shares Outstanding (Basic Average) of 68.0 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Black Diamond Group and its competitors.
Is Black Diamond Group's Shares Outstanding (Basic Average) too high?
Black Diamond Group's current Shares Outstanding (Basic Average) is 68.0 Mil. Overall, Black Diamond Group has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Black Diamond Group's Shares Outstanding (Basic Average) compare to URI and SUNB?
Black Diamond Group's Shares Outstanding (Basic Average) of 68.0 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 Black Diamond Group and its competitors. Black Diamond Group's current Shares Outstanding (Basic Average) is 68.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Diamond Group stock overvalued right now?
Based on GuruFocus' analysis, Black Diamond Group (FRA:8B8) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.60, compared to a current price of €11.30 — trading 71.2% above its estimated fair value. The current Shares Outstanding (Basic Average) is 68.0 Mil. Black Diamond Group's overall GF Score™ is 80/100 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 Black Diamond Group (FRA:8B8), the current Shares Outstanding (Basic Average) is 68.0 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 Black Diamond Group (FRA:8B8) Overvalued in 2026?

Based on GuruFocus' analysis, Black Diamond Group stock appears to be overvalued. The current stock price of €11.30 is trading 71.2% above its estimated GF Value™ of €6.60. GuruFocus considers Black Diamond Group to be Significantly Overvalued.

Key valuation signals for FRA:8B8:

  • Shares Outstanding (Basic Average): 68.0 Mil
  • GF Value™: €6.60 vs. price of €11.30 (71.2% above fair value)
  • GF Score™: 80/100 with 9 warning signs

No single metric tells the full story. See the FRA:8B8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Black Diamond Group Business Description

Address 440-2nd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 5E9
Black Diamond Group Ltd is a specialty rentals and industrial services company with two operating business units - Modular Space Solutions and Workforce Solutions, which operate in Canada, the United States and Australia. Modular Space Solutions provides modular space rentals to customers throughout North America. Workforce Solutions provides workforce housing solutions including rental of accommodations and surface equipment, provision of full turnkey lodge services and provision of travel management logistics through the company's online digital marketplace, LodgeLink. The majority of the company's revenue is derived from the Workforce Solutions business. Canadally, it generates the maximum revenue from Canada.
80GF Score

Get the complete analysis for FRA:8B8

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

€11.30
Price
€6.60
GF Value