Combined Motor Holdings (JSE:CMH) Shares Outstanding (Basic Average): 73 Mil (As of Feb. 2026)


JSE:CMH Combined Motor Holdings Ltd JSE:CMH
93 GF Score
Price R38.79
GF Value R38.71
Valuation Fairly Valued
! 2 Warning Signs
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What is Combined Motor Holdings Shares Outstanding (Basic Average)?

Combined Motor Holdings JSE:CMH 93 Shares Outstanding (Basic Average) is 73 Mil as of Feb. 2026. GuruFocus rates JSE:CMH with a GF Score™ of 93/100 and a GF Value™ of R38.71 (Fairly Valued). The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Combined Motor Holdings's average basic shares outstanding for the quarter that ended in Feb. 2026 was 73 Mil.


Combined Motor Holdings  (JSE:CMH) 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.


Combined Motor Holdings Shares Outstanding (Basic Average) Related Terms


Combined Motor Holdings Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Combined Motor Holdings'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.

Combined Motor Holdings Shares Outstanding (Basic Average) Chart

Combined Motor Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.80 74.80 74.80 74.80 73.65

Combined Motor Holdings Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 74.80 74.80 74.80 74.80 72.50
JSE:CMH
93GF Score
Combined Motor Holdings Ltd JSE:CMH
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Combined Motor Holdings 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 73 Mil mean?
Combined Motor Holdings (JSE:CMH) has a Shares Outstanding (Basic Average) of 73 Mil as of Feb. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Combined Motor Holdings and its competitors.
Is Combined Motor Holdings' Shares Outstanding (Basic Average) too high?
Combined Motor Holdings' current Shares Outstanding (Basic Average) is 73 Mil. Overall, Combined Motor Holdings has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Combined Motor Holdings' Shares Outstanding (Basic Average) compare to CVNA and PAG?
Combined Motor Holdings' Shares Outstanding (Basic Average) of 73 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Shares Outstanding (Basic Average) depends on the Vehicles & Parts 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 Combined Motor Holdings and its competitors. Combined Motor Holdings's current Shares Outstanding (Basic Average) is 73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Combined Motor Holdings stock overvalued right now?
Based on GuruFocus' analysis, Combined Motor Holdings (JSE:CMH) is currently considered Fairly Valued. The stock's GF Value™ is R38.71, compared to a current price of R38.79 — trading 0.2% above its estimated fair value. The current Shares Outstanding (Basic Average) is 73 Mil. Combined Motor Holdings' overall GF Score™ is 93/100 with 2 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 Combined Motor Holdings (JSE:CMH), the current Shares Outstanding (Basic Average) is 73 Mil as of Feb. 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 Combined Motor Holdings (JSE:CMH) Overvalued in 2026?

Based on GuruFocus' analysis, Combined Motor Holdings stock appears to be overvalued. The current stock price of R38.79 is trading 0.2% above its estimated GF Value™ of R38.71. GuruFocus considers Combined Motor Holdings to be Fairly Valued.

Key valuation signals for JSE:CMH:

  • Shares Outstanding (Basic Average): 73 Mil
  • GF Value™: R38.71 vs. price of R38.79 (0.2% above fair value)
  • GF Score™: 93/100 with 2 warning signs

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


Combined Motor Holdings Business Description

Address 1 Wilton Crescent, Umhlanga Ridge, Durban, ZAF, 4319
Combined Motor Holdings Ltd is a South Africa-based investment holding company engaged in motor retail and distribution, car hire, and financial services. The Company operates through four business segments: Motor Retail and Distribution, which generates maximum revenue and covers passenger, light commercial, and heavy commercial vehicles in both the volume and luxury categories; Car Hire, which offers a range of well-maintained vehicles for short- and long-term hire; Financial Services, which provides insurance underwriting facilities for products sold with new and used vehicles, including coverage for death, disability, dread disease, retrenchment, vehicle and component warranties, and vehicle financing through joint ventures with two finance houses; and Corporate Services and Other.
93GF Score

Get the complete analysis for JSE:CMH

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

R38.79
Price
R38.71
GF Value