Marshall Machines (NSE:MARSHALL) Shares Outstanding (Basic Average): 23.9 Mil (As of Mar. 2024)


NSE:MARSHALL Marshall Machines Ltd NSE:MARSHALL
4 GF Score
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What is Marshall Machines Shares Outstanding (Basic Average)?

Marshall Machines NSE:MARSHALL 4 Shares Outstanding (Basic Average) is 23.9 Mil as of Mar. 2024. GuruFocus rates NSE:MARSHALL with a GF Score™ of 4/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Marshall Machines's average basic shares outstanding for the quarter that ended in Mar. 2024 was 23.9 Mil.

Marshall Machines  (NSE:MARSHALL) 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.

Marshall Machines Shares Outstanding (Basic Average) Related Terms

Marshall Machines Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Marshall Machines'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.

Marshall Machines Shares Outstanding (Basic Average) Chart

Marshall Machines Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.68 16.68 16.68 16.68 23.90

Marshall Machines Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 16.68 14.58 16.68 14.57 23.90
NSE:MARSHALL
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Marshall Machines Ltd NSE:MARSHALL
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Marshall Machines 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 23.9 Mil mean?
Marshall Machines (NSE:MARSHALL) has a Shares Outstanding (Basic Average) of 23.9 Mil as of Mar. 2024. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Marshall Machines and its competitors.
Is Marshall Machines' Shares Outstanding (Basic Average) too high?
Marshall Machines' current Shares Outstanding (Basic Average) is 23.9 Mil. Overall, Marshall Machines has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Marshall Machines' Shares Outstanding (Basic Average) compare to ETN and PH?
Marshall Machines' Shares Outstanding (Basic Average) of 23.9 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 Marshall Machines and its competitors. Marshall Machines's current Shares Outstanding (Basic Average) is 23.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marshall Machines stock overvalued right now?
Marshall Machines (NSE:MARSHALL) has a current Shares Outstanding (Basic Average) of 23.9 Mil. The current Shares Outstanding (Basic Average) is 23.9 Mil. Marshall Machines' overall GF Score™ is 4/100. 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 Marshall Machines (NSE:MARSHALL), the current Shares Outstanding (Basic Average) is 23.9 Mil as of Mar. 2024. 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.

Marshall Machines Business Description

Address C 86, Phase-V, Focal Point, Ludhiana, PB, IND, 141010
Marshall Machines Ltd is an India based company is engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment including wide range of single spindle, patented double and four spindle CNC machines, automated robotic solutions and patent pending IoTQ suite of intelligent equipment. Its products and services are offered to a wide range of industries including manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, and Bushes among others. The company sells its products in India and also exports it to other countries, of which key revenue is generated from sales made within the country.
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