Software Mansion S A (WAR:SWM) Shares Outstanding (Diluted Average): 10.7 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

WAR:SWM Software Mansion S A WAR:SWM
39 GF Score
Price zł26.80
GF Value zł46.12
Valuation Possible Value Trap
! 2 Warning Signs
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What is Software Mansion S A Shares Outstanding (Diluted Average)?

Software Mansion S A WAR:SWM -0.37% 39 Shares Outstanding (Diluted Average) is 10.7 Mil as of Mar. 2026. GuruFocus rates WAR:SWM with a GF Score™ of 39/100 and a GF Value™ of zł46.12 (Possible Value Trap). The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Software Mansion S A's average diluted shares outstanding for the quarter that ended in Mar. 2026 was 10.7 Mil.


Software Mansion S A  (WAR:SWM) 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.


Software Mansion S A Shares Outstanding (Diluted Average) Related Terms


Software Mansion S A Shares Outstanding (Diluted Average) Historical Data

* Premium members only.

The historical data trend for Software Mansion S A'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.

Software Mansion S A Shares Outstanding (Diluted Average) Chart

Software Mansion S A Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Diluted Average)
0.00 10.28 10.37 10.57 10.68

Software Mansion S A Quarterly Data
Dec21 Jun22 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 10.57 10.65 10.65 10.68 10.68
WAR:SWM
39GF Score
Software Mansion S A WAR:SWM
Shares Outstanding (Diluted Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Software Mansion S A 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 10.7 Mil mean?
Software Mansion S A (WAR:SWM) has a Shares Outstanding (Diluted Average) of 10.7 Mil as of Mar. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Software Mansion S A and its competitors.
Is Software Mansion S A's Shares Outstanding (Diluted Average) too high?
Software Mansion S A's current Shares Outstanding (Diluted Average) is 10.7 Mil. Overall, Software Mansion S A has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Software Mansion S A's Shares Outstanding (Diluted Average) compare to MSFT and ORCL?
Software Mansion S A's Shares Outstanding (Diluted Average) of 10.7 Mil can be compared against companies in the Software 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 Software company?
A good Shares Outstanding (Diluted Average) depends on the Software 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 Software Mansion S A and its competitors. Software Mansion S A's current Shares Outstanding (Diluted Average) is 10.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Software Mansion S A stock overvalued right now?
Based on GuruFocus' analysis, Software Mansion S A (WAR:SWM) is currently considered Possible Value Trap. The stock's GF Value™ is zł46.12, compared to a current price of zł26.80 — trading 41.9% below its estimated fair value. The current Shares Outstanding (Diluted Average) is 10.7 Mil. Software Mansion S A's overall GF Score™ is 39/100 with 2 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 Software Mansion S A (WAR:SWM), the current Shares Outstanding (Diluted Average) is 10.7 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 Software Mansion S A (WAR:SWM) Overvalued in 2026?

Based on GuruFocus' analysis, Software Mansion S A stock appears to be undervalued. The current stock price of zł26.80 is trading 41.9% below its estimated GF Value™ of zł46.12. GuruFocus considers Software Mansion S A to be Possible Value Trap.

Key valuation signals for WAR:SWM:

  • Shares Outstanding (Diluted Average): 10.7 Mil
  • GF Value™: zł46.12 vs. price of zł26.80 (41.9% below fair value)
  • GF Score™: 39/100 with 2 warning signs

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


Software Mansion S A Business Description

Address ul. Zab?ocie 43b, Krakow, POL, 30-701
Software Mansion S A is Krakow based software company that deals with solving technological challenges for their clients and developing open-source technologies. It cooperates with a variety of clients, including technological start-ups from Silicon Valley and New York, as well as well-known companies with a stable position on the market. Their portfolio includes projects from industries such as Ed-Tech, Fin-Tech, blockchain, healthcare, e-commerce, multimedia and consumer applications.
39GF Score

Get the complete analysis for WAR:SWM

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

zł26.80
Price
zł46.12
GF Value