Aker ASA (FRA:FKM) Shares Outstanding (EOP): 74 Mil (As of Dec. 2025)


FRA:FKM Aker ASA FRA:FKM
68 GF Score
Price €105.60
GF Value €77.44
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Aker ASA Shares Outstanding (EOP)?

Aker ASA FRA:FKM 68 Shares Outstanding (EOP) is 74 Mil as of Dec. 2025. GuruFocus rates FRA:FKM with a GF Score™ of 68/100 and a GF Value™ of €77.44 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Aker ASA's shares outstanding for the quarter that ended in Dec. 2025 was 74 Mil.

Aker ASA's quarterly shares outstanding increased from Jun. 2025 (74 Mil) to Dec. 2025 (74 Mil). It means Aker ASA issued new shares from Jun. 2025 to Dec. 2025 .

Aker ASA's annual shares outstanding declined from Dec. 2024 (74 Mil) to Dec. 2025 (74 Mil). It means Aker ASA bought back shares from Dec. 2024 to Dec. 2025 .


Aker ASA  (FRA:FKM) Shares Outstanding (EOP) 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.

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.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Aker ASA Shares Outstanding (EOP) Related Terms


Aker ASA Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Aker ASA's Shares Outstanding (EOP) 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.

Aker ASA Shares Outstanding (EOP) Chart

Aker ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.29 74.29 74.30 74.29 74.29

Aker ASA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (EOP) 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 74.30 74.30 74.29 74.29 74.29

FRA:FKM vs HON, MMM: Shares Outstanding (EOP) Comparison

For the Conglomerates subindustry, Aker ASA's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aker ASA Shares Outstanding (EOP) vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aker ASA's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Aker ASA's Shares Outstanding (EOP) falls into.


FRA:FKM
68GF Score
Aker ASA FRA:FKM
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Aker ASA Shares Outstanding (EOP) 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 end of period. 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 (EOP) of 74 Mil mean?
Aker ASA (FRA:FKM) has a Shares Outstanding (EOP) of 74 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Aker ASA and its competitors.
Is Aker ASA's Shares Outstanding (EOP) too high?
Aker ASA's current Shares Outstanding (EOP) is 74 Mil. Overall, Aker ASA has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aker ASA's Shares Outstanding (EOP) compare to HON and MMM?
Aker ASA's Shares Outstanding (EOP) of 74 Mil can be compared against companies in the Conglomerates 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 (EOP) for a Conglomerates company?
A good Shares Outstanding (EOP) depends on the Conglomerates industry context. However, Shares Outstanding (EOP) 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 (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Aker ASA and its competitors. Aker ASA's current Shares Outstanding (EOP) is 74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker ASA stock overvalued right now?
Based on GuruFocus' analysis, Aker ASA (FRA:FKM) is currently considered Significantly Overvalued. The stock's GF Value™ is €77.44, compared to a current price of €105.60 — trading 36.4% above its estimated fair value. The current Shares Outstanding (EOP) is 74 Mil. Aker ASA's overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Aker ASA (FRA:FKM), the current Shares Outstanding (EOP) is 74 Mil as of Dec. 2025. 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 Aker ASA (FRA:FKM) Overvalued in 2026?

Based on GuruFocus' analysis, Aker ASA stock appears to be overvalued. The current stock price of €105.60 is trading 36.4% above its estimated GF Value™ of €77.44. GuruFocus considers Aker ASA to be Significantly Overvalued.

Key valuation signals for FRA:FKM:

  • Shares Outstanding (EOP): 74 Mil
  • GF Value™: €77.44 vs. price of €105.60 (36.4% above fair value)
  • GF Score™: 68/100 with 9 warning signs

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


Aker ASA Business Description

Address Oksenoyveien 10, Lysaker, Oslo, NOR, 1326
Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. The company's investment portfolio comprises two segments: Industrial holdings and Financial investments. The primary focus for businesses within Industrial holdings is long-term value creation. Businesses within Financial investments are managed as a portfolio with a focus on financial and strategic opportunities. The company generates the majority of its revenue from Industrial holdings. Geographically, the company generates the majority of its revenue from Norway.
68GF Score

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

€105.60
Price
€77.44
GF Value