Solid State (LSE:SOLI) Shares Outstanding (Basic Average): 56.8 Mil (As of Sep. 2025)


LSE:SOLI Solid State PLC LSE:SOLI
81 GF Score
Price £1.99
GF Value £2.53
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Solid State Shares Outstanding (Basic Average)?

Solid State LSE:SOLI -0.50% 81 Shares Outstanding (Basic Average) is 56.8 Mil as of Sep. 2025. GuruFocus rates LSE:SOLI with a GF Score™ of 81/100 and a GF Value™ of £2.53 (Modestly Undervalued). 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. Solid State's average basic shares outstanding for the quarter that ended in Sep. 2025 was 56.8 Mil.


Solid State  (LSE:SOLI) 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.


Solid State Shares Outstanding (Basic Average) Related Terms


Solid State Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Solid State'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.

Solid State Shares Outstanding (Basic Average) Chart

Solid State Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.62 42.76 51.87 56.71 56.83

Solid State Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 56.64 56.78 56.96 56.70 56.85
LSE:SOLI
81GF Score
Solid State PLC LSE:SOLI
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Solid State 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 56.8 Mil mean?
Solid State (LSE:SOLI) has a Shares Outstanding (Basic Average) of 56.8 Mil as of Sep. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Solid State and its competitors.
Is Solid State's Shares Outstanding (Basic Average) too high?
Solid State's current Shares Outstanding (Basic Average) is 56.8 Mil. Overall, Solid State has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid State's Shares Outstanding (Basic Average) compare to APH and GLW?
Solid State's Shares Outstanding (Basic Average) of 56.8 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 Solid State and its competitors. Solid State's current Shares Outstanding (Basic Average) is 56.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid State stock overvalued right now?
Based on GuruFocus' analysis, Solid State (LSE:SOLI) is currently considered Modestly Undervalued. The stock's GF Value™ is £2.53, compared to a current price of £1.99 — trading 21.3% below its estimated fair value. The current Shares Outstanding (Basic Average) is 56.8 Mil. Solid State's overall GF Score™ is 81/100 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 Solid State (LSE:SOLI), the current Shares Outstanding (Basic Average) is 56.8 Mil as of Sep. 2025. 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 Solid State (LSE:SOLI) Overvalued in 2026?

Based on GuruFocus' analysis, Solid State stock appears to be undervalued. The current stock price of £1.99 is trading 21.3% below its estimated GF Value™ of £2.53. GuruFocus considers Solid State to be Modestly Undervalued.

Key valuation signals for LSE:SOLI:

  • Shares Outstanding (Basic Average): 56.8 Mil
  • GF Value™: £2.53 vs. price of £1.99 (21.3% below fair value)
  • GF Score™: 81/100 with 9 warning signs

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


Solid State Business Description

Other Exchanges OUY:Germany
Address Hedera Road, 2 Ravensbank Business Park, Redditch, Worcestershire, GBR, B98 9EY
Solid State PLC is engaged in the manufacturing as well as distribution of electronic components and materials. The company's operating segment includes divisions, which are Components and Systems. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in the Rest of Europe, Asia, North America, and the Rest of the World. The company generates revenue from products such as Computing, Communications, Power and Optoelectronics, and electronic components and modules.
81GF Score

Get the complete analysis for LSE:SOLI

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

£1.99
Price
£2.53
GF Value