Technogym SpA (MIL:TGYM) Shares Outstanding (Basic Average): 199 Mil (As of Dec. 2025)


MIL:TGYM Technogym SpA MIL:TGYM
93 GF Score
Price €15.28
GF Value €12.69
Valuation Modestly Overvalued
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What is Technogym SpA Shares Outstanding (Basic Average)?

Technogym SpA MIL:TGYM -0.46% 93 Shares Outstanding (Basic Average) is 199 Mil as of Dec. 2025. GuruFocus rates MIL:TGYM with a GF Score™ of 93/100 and a GF Value™ of €12.69 (Modestly Overvalued).

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Technogym SpA's average basic shares outstanding for the quarter that ended in Dec. 2025 was 199 Mil.


Technogym SpA  (MIL:TGYM) 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.


Technogym SpA Shares Outstanding (Basic Average) Related Terms


Technogym SpA Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Technogym SpA'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.

Technogym SpA Shares Outstanding (Basic Average) Chart

Technogym SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 201.33 201.33 200.49 199.16 199.29

Technogym SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 199.65 199.16 199.16 199.16 199.42
MIL:TGYM
93GF Score
Technogym SpA MIL:TGYM
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Technogym SpA 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 199 Mil mean?
Technogym SpA (MIL:TGYM) has a Shares Outstanding (Basic Average) of 199 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Technogym SpA and its competitors.
Is Technogym SpA's Shares Outstanding (Basic Average) too high?
Technogym SpA's current Shares Outstanding (Basic Average) is 199 Mil. Overall, Technogym SpA has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Technogym SpA's Shares Outstanding (Basic Average) compare to AS and HAS?
Technogym SpA's Shares Outstanding (Basic Average) of 199 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Shares Outstanding (Basic Average) depends on the Travel & Leisure 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 Technogym SpA and its competitors. Technogym SpA's current Shares Outstanding (Basic Average) is 199 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technogym SpA stock overvalued right now?
Based on GuruFocus' analysis, Technogym SpA (MIL:TGYM) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.69, compared to a current price of €15.28 — trading 20.4% above its estimated fair value. The current Shares Outstanding (Basic Average) is 199 Mil. Technogym SpA's overall GF Score™ is 93/100. 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 Technogym SpA (MIL:TGYM), the current Shares Outstanding (Basic Average) is 199 Mil as of Dec. 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 Technogym SpA (MIL:TGYM) Overvalued in 2026?

Based on GuruFocus' analysis, Technogym SpA stock appears to be overvalued. The current stock price of €15.28 is trading 20.4% above its estimated GF Value™ of €12.69. GuruFocus considers Technogym SpA to be Modestly Overvalued.

Key valuation signals for MIL:TGYM:

  • Shares Outstanding (Basic Average): 199 Mil
  • GF Value™: €12.69 vs. price of €15.28 (20.4% above fair value)
  • GF Score™: 93/100

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


Technogym SpA Business Description

Address Via Calcinaro, 2861, Cesena, ITA, 47521
Technogym SpA is a fitness equipment manufacturer. The company offers integrated solutions for personal wellness consisting of equipment, services, and digital solutions that can be personalized and adapted to the specific needs of end users and professional operators. The company offers a range of wellness, physical exercise, and rehabilitation solutions to the segments of the fitness equipment market and the overall wellness industry. Its geographical segments are Europe (except Italy), APAC, Americas, MEIA, and Italy.
93GF Score

Get the complete analysis for MIL:TGYM

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

€15.28
Price
€12.69
GF Value