enX Group (JSE:ENX) Shares Outstanding (Basic Average): 190.6 Mil (As of Feb. 2026)


JSE:ENX enX Group Ltd JSE:ENX
40 GF Score
Price R2.49
GF Value R0.68
Valuation Significantly Overvalued
! 9 Warning Signs
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What is enX Group Shares Outstanding (Basic Average)?

enX Group JSE:ENX 40 Shares Outstanding (Basic Average) is 190.6 Mil as of Feb. 2026. GuruFocus rates JSE:ENX with a GF Score™ of 40/100 and a GF Value™ of R0.68 (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. enX Group's average basic shares outstanding for the quarter that ended in Feb. 2026 was 190.6 Mil.


enX Group  (JSE:ENX) 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.


enX Group Shares Outstanding (Basic Average) Related Terms


enX Group Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for enX 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.

enX Group Shares Outstanding (Basic Average) Chart

enX Group Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181.37 181.37 181.37 181.37 181.37

enX Group 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 181.26 181.48 180.55 182.19 190.60
JSE:ENX
40GF Score
enX Group Ltd JSE:ENX
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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enX 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 190.6 Mil mean?
enX Group (JSE:ENX) has a Shares Outstanding (Basic Average) of 190.6 Mil as of Feb. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on enX Group and its competitors.
Is enX Group's Shares Outstanding (Basic Average) too high?
enX Group's current Shares Outstanding (Basic Average) is 190.6 Mil. Overall, enX Group has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does enX Group's Shares Outstanding (Basic Average) compare to GEV and ETN?
enX Group's Shares Outstanding (Basic Average) of 190.6 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Shares Outstanding (Basic Average) depends on the Industrial Products 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 enX Group and its competitors. enX Group's current Shares Outstanding (Basic Average) is 190.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is enX Group stock overvalued right now?
Based on GuruFocus' analysis, enX Group (JSE:ENX) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.68, compared to a current price of R2.49 — trading 266.2% above its estimated fair value. The current Shares Outstanding (Basic Average) is 190.6 Mil. enX Group's overall GF Score™ is 40/100 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 enX Group (JSE:ENX), the current Shares Outstanding (Basic Average) is 190.6 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 enX Group (JSE:ENX) Overvalued in 2026?

Based on GuruFocus' analysis, enX Group stock appears to be overvalued. The current stock price of R2.49 is trading 266.2% above its estimated GF Value™ of R0.68. GuruFocus considers enX Group to be Significantly Overvalued.

Key valuation signals for JSE:ENX:

  • Shares Outstanding (Basic Average): 190.6 Mil
  • GF Value™: R0.68 vs. price of R2.49 (266.2% above fair value)
  • GF Score™: 40/100 with 9 warning signs

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


enX Group Business Description

Address 1 Park Lane, PostNet Suite X86, 9th Floor, Katherine Towers, Private Bag X7, Aston Manor, Sandton, ZAF, 1630
enX Group Ltd is engaged in the manufacture and distribution of quality branded power equipment and the distribution of chemical products. The Company operates through the enX Power (Power) segment, which includes New Way Power, and designs, manufactures, installs, rents and maintains diesel generators, and distributes a range of industrial engines. It also offers cleaner power through solar hybrid and grid alternatives. The Company operates mainly in South Africa.
40GF Score

Get the complete analysis for JSE:ENX

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

R2.49
Price
R0.68
GF Value