CTRNF (CHAR Technologies) Shares Outstanding (Diluted Average): 131.07 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CTRNF CHAR Technologies Ltd CTRNF
48 GF Score
Price $0.16
GF Value $0.17
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is CHAR Technologies Shares Outstanding (Diluted Average)?

CHAR Technologies CTRNF 48 Shares Outstanding (Diluted Average) is 131.07 Mil as of Mar. 2026. GuruFocus rates CTRNF with a GF Score™ of 48/100 and a GF Value™ of $0.17 (Fairly Valued). The stock has 7 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. CHAR Technologies's average diluted shares outstanding for the quarter that ended in Mar. 2026 was 131.07 Mil.


CHAR Technologies  (OTCPK:CTRNF) Shares Outstanding (Diluted 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.


CHAR Technologies Shares Outstanding (Diluted Average) Related Terms


CHAR Technologies Shares Outstanding (Diluted Average) Historical Data

* Premium members only.

The historical data trend for CHAR Technologies's Shares Outstanding (Diluted 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.

CHAR Technologies Shares Outstanding (Diluted Average) Chart

CHAR Technologies Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.99 77.86 88.45 101.03 121.23

CHAR Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Diluted 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 104.24 114.27 142.11 129.27 131.07
CTRNF
48GF Score
CHAR Technologies Ltd CTRNF
Shares Outstanding (Diluted Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CHAR Technologies Shares Outstanding (Diluted 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 (Diluted Average) of 131.07 Mil mean?
CHAR Technologies (CTRNF) has a Shares Outstanding (Diluted Average) of 131.07 Mil as of Mar. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on CHAR Technologies and its competitors.
Is CHAR Technologies' Shares Outstanding (Diluted Average) too high?
CHAR Technologies' current Shares Outstanding (Diluted Average) is 131.07 Mil. Overall, CHAR Technologies has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CHAR Technologies' Shares Outstanding (Diluted Average) compare to WM and RSG?
CHAR Technologies' Shares Outstanding (Diluted Average) of 131.07 Mil can be compared against companies in the Waste Management 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 (Diluted Average) for a Waste Management company?
A good Shares Outstanding (Diluted Average) depends on the Waste Management industry context. However, Shares Outstanding (Diluted 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 (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on CHAR Technologies and its competitors. CHAR Technologies's current Shares Outstanding (Diluted Average) is 131.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CHAR Technologies stock overvalued right now?
Based on GuruFocus' analysis, CHAR Technologies (CTRNF) is currently considered Fairly Valued. The stock's GF Value™ is $0.17, compared to a current price of $0.16 — trading 5.9% below its estimated fair value. The current Shares Outstanding (Diluted Average) is 131.07 Mil. CHAR Technologies' overall GF Score™ is 48/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For CHAR Technologies (CTRNF), the current Shares Outstanding (Diluted Average) is 131.07 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 CHAR Technologies (CTRNF) Overvalued in 2026?

Based on GuruFocus' analysis, CHAR Technologies stock appears to be undervalued. The current stock price of $0.16 is trading 5.9% below its estimated GF Value™ of $0.17. GuruFocus considers CHAR Technologies to be Fairly Valued.

Key valuation signals for CTRNF:

  • Shares Outstanding (Diluted Average): 131.07 Mil
  • GF Value™: $0.17 vs. price of $0.16 (5.9% below fair value)
  • GF Score™: 48/100 with 7 warning signs

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


CHAR Technologies Business Description

Other Exchanges 68K:GermanyYES:Canada
Address 895 Don Mills Road, Suite 400, Morneau Shepell Centre II, Toronto, ON, CAN, M3C 1W3
CHAR Technologies Ltd. is a Canada-based cleantech development and environmental services company. The Company is specialized in high temperature pyrolysis (HTP), converting woody biomass and organic materials into renewable energy (renewable natural gas (RNG) or green hydrogen) and valuable biocarbon (biocoal CleanFyre, biochar, or activated biochar SulfaCHAR). Its additional services include environmental compliance, environmental management, engineering and resource efficiency. The Company's subsidiaries include Char Biocarbon Inc., Altech Environmental Consulting Ltd., Char Technologies Thorold Inc., and Char Technologies USA.
48GF Score

Get the complete analysis for CTRNF

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

$0.16
Price
$0.17
GF Value