Aviat Networks (FRA:HSD1) Shares Outstanding (Basic Average): 12.9 Mil (As of Mar. 2026)


FRA:HSD1 Aviat Networks Inc FRA:HSD1
71 GF Score
Price €17.90
GF Value €20.96
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Aviat Networks Shares Outstanding (Basic Average)?

Aviat Networks FRA:HSD1 +0.56% 71 Shares Outstanding (Basic Average) is 12.9 Mil as of Mar. 2026. GuruFocus rates FRA:HSD1 with a GF Score™ of 71/100 and a GF Value™ of €20.96 (Modestly Undervalued). 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. Aviat Networks's average basic shares outstanding for the quarter that ended in Mar. 2026 was 12.9 Mil.


Aviat Networks  (FRA:HSD1) 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.


Aviat Networks Shares Outstanding (Basic Average) Related Terms


Aviat Networks Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Aviat Networks'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.

Aviat Networks Shares Outstanding (Basic Average) Chart

Aviat Networks Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.04 11.17 11.36 12.18 12.68

Aviat Networks 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 12.69 12.71 12.76 12.86 12.92
FRA:HSD1
71GF Score
Aviat Networks Inc FRA:HSD1
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Aviat Networks 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 12.9 Mil mean?
Aviat Networks (FRA:HSD1) has a Shares Outstanding (Basic Average) of 12.9 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Aviat Networks and its competitors.
Is Aviat Networks' Shares Outstanding (Basic Average) too high?
Aviat Networks' current Shares Outstanding (Basic Average) is 12.9 Mil. Overall, Aviat Networks has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aviat Networks' Shares Outstanding (Basic Average) compare to SILC and INSG?
Aviat Networks' Shares Outstanding (Basic Average) of 12.9 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Shares Outstanding (Basic Average) depends on the Hardware 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 Aviat Networks and its competitors. Aviat Networks's current Shares Outstanding (Basic Average) is 12.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aviat Networks stock overvalued right now?
Based on GuruFocus' analysis, Aviat Networks (FRA:HSD1) is currently considered Modestly Undervalued. The stock's GF Value™ is €20.96, compared to a current price of €17.90 — trading 14.6% below its estimated fair value. The current Shares Outstanding (Basic Average) is 12.9 Mil. Aviat Networks' overall GF Score™ is 71/100 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 Aviat Networks (FRA:HSD1), the current Shares Outstanding (Basic Average) is 12.9 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 Aviat Networks (FRA:HSD1) Overvalued in 2026?

Based on GuruFocus' analysis, Aviat Networks stock appears to be undervalued. The current stock price of €17.90 is trading 14.6% below its estimated GF Value™ of €20.96. GuruFocus considers Aviat Networks to be Modestly Undervalued.

Key valuation signals for FRA:HSD1:

  • Shares Outstanding (Basic Average): 12.9 Mil
  • GF Value™: €20.96 vs. price of €17.90 (14.6% below fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the FRA:HSD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aviat Networks Business Description

Other Exchanges AVNW:USA
Address 200 Parker Drive, Suite C100A, Austin, TX, USA, 78728
Aviat Networks Inc provides wireless transport and access networking solutions designed to support telecommunications operators and private network providers situated in various countries. The company offers a range of microwave and millimeter wave radios, network management tools, and services that enable high-capacity, secure, and reliable data transport over wireless networks. Its products serve diverse clients including mobile operators, public safety organizations, utilities, government agencies, and enterprise customers. Aviat generates revenue from the sale of its networking equipment, professional services, and ongoing support contracts. Its operations cover various regions including the Americas, Europe, Asia Pacific, the Middle East, and Africa.
71GF Score

Get the complete analysis for FRA:HSD1

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

€17.90
Price
€20.96
GF Value