ARM Cement (NAI:ARM) Shares Outstanding (Basic Average): 960 Mil (As of Dec. 2017)


What is ARM Cement Shares Outstanding (Basic Average)?

ARM Cement NAI:ARM Shares Outstanding (Basic Average) is 960 Mil as of Dec. 2017.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. ARM Cement's average basic shares outstanding for the quarter that ended in Dec. 2017 was 960 Mil.

ARM Cement  (NAI:ARM) 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.

ARM Cement Shares Outstanding (Basic Average) Related Terms

ARM Cement Shares Outstanding (Basic Average) Historical Data

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The historical data trend for ARM Cement'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.

ARM Cement Shares Outstanding (Basic Average) Chart

ARM Cement Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 495.28 495.28 495.28 959.94 959.94

ARM Cement Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 736.41 242.53 848.94 428.35 959.94

ARM Cement 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 960 Mil mean?
ARM Cement (NAI:ARM) has a Shares Outstanding (Basic Average) of 960 Mil as of Dec. 2017. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on ARM Cement and its competitors.
Is ARM Cement's Shares Outstanding (Basic Average) too high?
ARM Cement's current Shares Outstanding (Basic Average) is 960 Mil.
How does ARM Cement's Shares Outstanding (Basic Average) compare to competitors?
ARM Cement's Shares Outstanding (Basic Average) of 960 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Shares Outstanding (Basic Average) depends on the Building Materials 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 ARM Cement and its competitors. ARM Cement's current Shares Outstanding (Basic Average) is 960 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ARM Cement stock overvalued right now?
ARM Cement (NAI:ARM) has a current Shares Outstanding (Basic Average) of 960 Mil. The current Shares Outstanding (Basic Average) is 960 Mil. 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 ARM Cement (NAI:ARM), the current Shares Outstanding (Basic Average) is 960 Mil as of Dec. 2017. 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.

ARM Cement Business Description

Address The Westwood, Ring Road, 9th Floor, Westlands, Nairobi, KEN, 00100
ARM Cement PLC is a cement manufacturing company based in Kenya. The principal activities of the company and its subsidiaries are the manufacturing and selling of cement. In addition, the company is engaged in the mining and processing of industrial minerals and chemicals, trading in other building products and the sale of fertilisers. The company is organised into two principal operating division - Cement and Lime segment and Other Products. The company offers tiling cement, composite cement, portland cement, and clinker. The company predominantly carries out its operations in Kenya, Tanzania, South Africa and Rwanda. The majority of its revenue is derived from Kenya.