Montana Aerospace AG (XSWX:AERO) Shares Outstanding (Basic Average): 63 Mil (As of Mar. 2026)


XSWX:AERO Montana Aerospace AG XSWX:AERO
57 GF Score
Price CHF20.70
GF Value CHF16.42
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Montana Aerospace AG Shares Outstanding (Basic Average)?

Montana Aerospace AG XSWX:AERO 57 Shares Outstanding (Basic Average) is 63 Mil as of Mar. 2026. GuruFocus rates XSWX:AERO with a GF Score™ of 57/100 and a GF Value™ of CHF16.42 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Montana Aerospace AG's average basic shares outstanding for the quarter that ended in Mar. 2026 was 63 Mil.


Montana Aerospace AG  (XSWX:AERO) 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.


Montana Aerospace AG Shares Outstanding (Basic Average) Related Terms


Montana Aerospace AG Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Montana Aerospace AG'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.

Montana Aerospace AG Shares Outstanding (Basic Average) Chart

Montana Aerospace AG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 41.77 60.81 61.99 62.00 62.28

Montana Aerospace AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 62.01 55.80 62.36 62.53 62.60
XSWX:AERO
57GF Score
Montana Aerospace AG XSWX:AERO
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Montana Aerospace AG 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 63 Mil mean?
Montana Aerospace AG (XSWX:AERO) has a Shares Outstanding (Basic Average) of 63 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Montana Aerospace AG and its competitors.
Is Montana Aerospace AG's Shares Outstanding (Basic Average) too high?
Montana Aerospace AG's current Shares Outstanding (Basic Average) is 63 Mil. Overall, Montana Aerospace AG has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Montana Aerospace AG's Shares Outstanding (Basic Average) compare to GE and RTX?
Montana Aerospace AG's Shares Outstanding (Basic Average) of 63 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Shares Outstanding (Basic Average) depends on the Aerospace & Defense 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 Montana Aerospace AG and its competitors. Montana Aerospace AG's current Shares Outstanding (Basic Average) is 63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Montana Aerospace AG stock overvalued right now?
Based on GuruFocus' analysis, Montana Aerospace AG (XSWX:AERO) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF16.42, compared to a current price of CHF20.70 — trading 26.1% above its estimated fair value. The current Shares Outstanding (Basic Average) is 63 Mil. Montana Aerospace AG's overall GF Score™ is 57/100 with 3 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 Montana Aerospace AG (XSWX:AERO), the current Shares Outstanding (Basic Average) is 63 Mil as of Mar. 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 Montana Aerospace AG (XSWX:AERO) Overvalued in 2026?

Based on GuruFocus' analysis, Montana Aerospace AG stock appears to be overvalued. The current stock price of CHF20.70 is trading 26.1% above its estimated GF Value™ of CHF16.42. GuruFocus considers Montana Aerospace AG to be Modestly Overvalued.

Key valuation signals for XSWX:AERO:

  • Shares Outstanding (Basic Average): 63 Mil
  • GF Value™: CHF16.42 vs. price of CHF20.70 (26.1% above fair value)
  • GF Score™: 57/100 with 3 warning signs

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


Montana Aerospace AG Business Description

Address Alzbachstrasse 27, Reinach, CHE, 5734
Montana Aerospace AG is a vertically integrated manufacturer and supplier of complex components, structures, and customized assemblies, as well as semi-finished products for specialized applications in a wide array of end markets. The company's reportable segments are Aerostructures and Alpine Metal Tech. Maximum revenue is generated from the Aerostructures segment, which develops and manufactures aircraft parts. Its product portfolio ranges from structural components for fuselage, wings, and landing gear to critical engine components subject to high thermal and mechanical loads, and functional components for the cabin interior. Geographically, the company generates maximum revenue from the USA, followed by Brazil, Germany, China, the United Kingdom, Belgium, and other countries.
57GF Score

Get the complete analysis for XSWX:AERO

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

CHF20.70
Price
CHF16.42
GF Value