NovoCure (FRA:038) Float Percentage Of Total Shares Outstanding: 73.83% (As of Jul. 18, 2026)

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FRA:038 NovoCure Ltd FRA:038
72 GF Score
Price €13.95
GF Value €16.44
Valuation Fairly Valued
! 5 Warning Signs
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What is NovoCure Float Percentage Of Total Shares Outstanding?

NovoCure FRA:038 +1.94% 72 Float Percentage Of Total Shares Outstanding is 73.83% as of Jul. 18, 2026. GuruFocus rates FRA:038 with a GF Score™ of 72/100 and a GF Value™ of €16.44 (Fairly Valued). The stock has 5 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, NovoCure's float shares is 85.51 Mil. NovoCure's total shares outstanding is 115.82 Mil. NovoCure's float percentage of total shares outstanding is 73.83%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, NovoCure's Insider Ownership is 0.00%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, NovoCure's Institutional Ownership is 51.87%.

FRA:038
72GF Score
NovoCure Ltd FRA:038
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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NovoCure Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

NovoCure's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=85.51/115.82
=73.83%

* 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.

What does a Float Percentage Of Total Shares Outstanding of 73.83% mean?
NovoCure (FRA:038) has a Float Percentage Of Total Shares Outstanding of 73.83% as of Jul. 18, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on NovoCure and its competitors.
Is NovoCure's Float Percentage Of Total Shares Outstanding too high?
NovoCure's current Float Percentage Of Total Shares Outstanding is 73.83%. Overall, NovoCure has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NovoCure's Float Percentage Of Total Shares Outstanding compare to ALMR and UFPT?
NovoCure's Float Percentage Of Total Shares Outstanding of 73.83% can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for a Medical Devices & Instruments company?
A good Float Percentage Of Total Shares Outstanding depends on the Medical Devices & Instruments industry context. However, Float Percentage Of Total Shares Outstanding 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 Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on NovoCure and its competitors. NovoCure's current Float Percentage Of Total Shares Outstanding is 73.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NovoCure stock overvalued right now?
Based on GuruFocus' analysis, NovoCure (FRA:038) is currently considered Fairly Valued. The stock's GF Value™ is €16.44, compared to a current price of €13.95 — trading 15.2% below its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 73.83%. NovoCure's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For NovoCure (FRA:038), the current Float Percentage Of Total Shares Outstanding is 73.83% as of Jul. 18, 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 NovoCure (FRA:038) Overvalued in 2026?

Based on GuruFocus' analysis, NovoCure stock appears to be undervalued. The current stock price of €13.95 is trading 15.2% below its estimated GF Value™ of €16.44. GuruFocus considers NovoCure to be Fairly Valued.

Key valuation signals for FRA:038:

  • Float Percentage Of Total Shares Outstanding: 73.83%
  • GF Value™: €16.44 vs. price of €13.95 (15.2% below fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the FRA:038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NovoCure Business Description

Address Grenville Street, No. 4 The Forum, Second Floor, St. Helier, JEY, JE2 4UF
NovoCure Ltd is an oncology company with a proprietary platform technology in the United States. Its business involves the development, manufacture, and commercialization of Tumor Treating Fields (TTFields) devices, including Optune Gio and Optune Lua, for the treatment of solid tumor cancers. Its pipeline consists of Trident, Lunar-2, Panova-3, Metis, and other products and technologies for the treatment of Glioblastoma, Non-small cell lung cancer, and Pancreatic cancer. Geographically, the company derives the majority of its revenue from the United States and the rest from Germany, Japan, and other markets.
72GF Score

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Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€13.95
Price
€16.44
GF Value