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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Happy Belly Food Group's average diluted shares outstanding for the quarter that ended in Jun. 2026 was 152.64 Mil.
Happy Belly Food Group (OTCPK:HBFGF) 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.
Happy Belly Food Group Shares Outstanding (Diluted Average) Related Terms
Happy Belly Food Group Shares Outstanding (Diluted Average) Historical Data
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The historical data trend for Happy Belly Food Group'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.
Happy Belly Food Group Shares Outstanding (Diluted Average) Chart
Happy Belly Food Group 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 152.64 Mil mean?
Happy Belly Food Group (HBFGF) has a Shares Outstanding (Diluted Average) of 152.64 Mil as of Jun. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Happy Belly Food Group and its competitors.
Is Happy Belly Food Group's Shares Outstanding (Diluted Average) too high?
Happy Belly Food Group's current Shares Outstanding (Diluted Average) is 152.64 Mil. Overall, Happy Belly Food Group has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Happy Belly Food Group's Shares Outstanding (Diluted Average) compare to MCD and SBUX?
Happy Belly Food Group's Shares Outstanding (Diluted Average) of 152.64 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Shares Outstanding (Diluted Average) depends on the Restaurants 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 Happy Belly Food Group and its competitors. Happy Belly Food Group's current Shares Outstanding (Diluted Average) is 152.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Belly Food Group stock overvalued right now?
Based on GuruFocus' analysis, Happy Belly Food Group (HBFGF) is currently considered Fairly Valued. The stock's GF Value™ is $1.29, compared to a current price of $1.18 — trading 8.5% below its estimated fair value. The current Shares Outstanding (Diluted Average) is 152.64 Mil. Happy Belly Food Group's overall GF Score™ is 55/100 with 1 warning sign 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 Happy Belly Food Group (HBFGF), the current Shares Outstanding (Diluted Average) is 152.64 Mil as of Jun. 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 Happy Belly Food Group (HBFGF) Overvalued in 2026?
Based on GuruFocus' analysis, Happy Belly Food Group stock appears to be undervalued.
The current stock price of $1.18 is trading 8.5% below its estimated GF Value™ of $1.29.
GuruFocus considers Happy Belly Food Group to be Fairly Valued.
Key valuation signals for HBFGF:
Shares Outstanding (Diluted Average): 152.64 Mil
GF Value™: $1.29 vs. price of $1.18 (8.5% below fair value)
No single metric tells the full story. See the HBFGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Happy Belly Food Group Inc operates and franchises Quick Service Restaurants (QSR) throughout Canada as well as sells its Consumer Product Goods (CPG) through wholesale and retail channels. It specializes in the growth of consumer food brands. It offers a diverse range of smoothie bowls and smoothies. The smoothie bowls are crafted with real fruit and enriched with superfoods like acai, pitaya, goji berries, chia seeds. Its brands include HEAL, Rosie's, Yolks, SmileTiger, Joey Turks, Salus, among others. The company's operating segments are: Quick Service Restaurants (inclusive of franchised restaurants); Consumer Product Goods; and Corporate.
55GF Score
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Shares Outstanding (Diluted Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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