National Beverage (MEX:FIZZ) Shares Outstanding (Basic Average): 94 Mil (As of Jan. 2026)


MEX:FIZZ National Beverage Corp MEX:FIZZ
78 GF Score
Price MXN1,115.00
GF Value MXN1,540.39
! 2 Warning Signs
View Full Analysis

What is National Beverage Shares Outstanding (Basic Average)?

National Beverage MEX:FIZZ 78 Shares Outstanding (Basic Average) is 94 Mil as of Jan. 2026. GuruFocus rates MEX:FIZZ with a GF Score™ of 78/100 and a GF Value™ of MXN1,540.39. 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. National Beverage's average basic shares outstanding for the quarter that ended in Jan. 2026 was 94 Mil.

National Beverage  (MEX:FIZZ) 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.

National Beverage Shares Outstanding (Basic Average) Related Terms

National Beverage Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for National Beverage'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.

National Beverage Shares Outstanding (Basic Average) Chart

National Beverage Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.28 93.32 93.35 93.43 93.61

National Beverage Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 93.62 93.62 93.62 93.62 93.61
MEX:FIZZ
78GF Score
National Beverage Corp MEX:FIZZ
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Beverage 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 94 Mil mean?
National Beverage (MEX:FIZZ) has a Shares Outstanding (Basic Average) of 94 Mil as of Jan. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on National Beverage and its competitors.
Is National Beverage's Shares Outstanding (Basic Average) too high?
National Beverage's current Shares Outstanding (Basic Average) is 94 Mil. Overall, National Beverage has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does National Beverage's Shares Outstanding (Basic Average) compare to COCO and SUJA?
National Beverage's Shares Outstanding (Basic Average) of 94 Mil can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Shares Outstanding (Basic Average) depends on the Beverages - Non-Alcoholic 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 National Beverage and its competitors. National Beverage's current Shares Outstanding (Basic Average) is 94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Beverage stock overvalued right now?
National Beverage (MEX:FIZZ) has a current Shares Outstanding (Basic Average) of 94 Mil. The stock's GF Value™ is MXN1,540.39, compared to a current price of MXN1,115.00 — trading 27.6% below its estimated fair value. The current Shares Outstanding (Basic Average) is 94 Mil. National Beverage's overall GF Score™ is 78/100 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 National Beverage (MEX:FIZZ), the current Shares Outstanding (Basic Average) is 94 Mil as of Jan. 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 National Beverage (MEX:FIZZ) Overvalued in 2026?

Based on GuruFocus' analysis, National Beverage stock appears to be undervalued. The current stock price of MXN1,115.00 is trading 27.6% below its estimated GF Value™ of MXN1,540.39.

Key valuation signals for MEX:FIZZ:

  • Shares Outstanding (Basic Average): 94 Mil
  • GF Value™: MXN1,540.39 vs. price of MXN1,115.00 (27.6% below fair value)
  • GF Score™: 78/100 with 2 warning signs

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

National Beverage Business Description

Other Exchanges FIZZ:USA0K50:UK
Address 8050 SW Tenth Street, Suite 4000, Fort Lauderdale, FL, USA, 33324
National Beverage Corp is a non-alcoholic beverage company in the U.S. Its portfolio skews toward functional drinks (that is those purporting to offer health benefits) and is anchored by the popular LaCroix sparkling water trademark. Other offerings include Rip It energy drinks, Everfresh juices, and soda brands like Shasta and Faygo. The firm controls the majority of its production and distribution apparatus, with very little outsourcing. In terms of go-to-market, it uses warehouse distribution for retailers, direct-store delivery for convenience stores and other small outlets, and food-service distributors for the food-service channel (schools, hospitals, restaurants).
78GF Score

Get the complete analysis for MEX:FIZZ

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

MXN1,115.00
Price
MXN1,540.39
GF Value