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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. NIS AD's shares outstanding for the quarter that ended in Mar. 2026 was 163 Mil.
NIS AD's quarterly shares outstanding
stayed the same
from Dec. 2025 (163 Mil) to Mar. 2026 (163 Mil).
NIS AD's annual shares outstanding
stayed the same
from Dec. 2024 (163 Mil) to Dec. 2025 (163 Mil).
NIS AD (XBEL:NIIS) 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.
NIS AD Shares Outstanding (EOP) Related Terms
NIS AD Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for NIS AD'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.
XBEL:NIIS vs PSX, MPC, VLO: Shares Outstanding (EOP) Comparison
For the Oil & Gas Refining & Marketing subindustry, NIS AD'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.
NIS AD Shares Outstanding (EOP) vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NIS AD's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where NIS AD's Shares Outstanding (EOP) falls into.
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.
What does a Shares Outstanding (EOP) of 163 Mil mean?
NIS AD (XBEL:NIIS) has a Shares Outstanding (EOP) of 163 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on NIS AD and its competitors.
Is NIS AD's Shares Outstanding (EOP) too high?
NIS AD's current Shares Outstanding (EOP) is 163 Mil. Overall, NIS AD has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does NIS AD's Shares Outstanding (EOP) compare to PSX and MPC?
NIS AD's Shares Outstanding (EOP) of 163 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Shares Outstanding (EOP) depends on the Oil & Gas 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 NIS AD and its competitors. NIS AD's current Shares Outstanding (EOP) is 163 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIS AD stock overvalued right now?
NIS AD (XBEL:NIIS) has a current Shares Outstanding (EOP) of 163 Mil. The stock's GF Value™ is RSD705.03, compared to a current price of RSD705.00 — trading 0% below its estimated fair value. The current Shares Outstanding (EOP) is 163 Mil. NIS AD's overall GF Score™ is 18/100 with 3 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 NIS AD (XBEL:NIIS), the current Shares Outstanding (EOP) is 163 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 NIS AD (XBEL:NIIS) Overvalued in 2026?
Based on GuruFocus' analysis, NIS AD stock appears to be undervalued.
The current stock price of RSD705.00 is trading 0% below its estimated GF Value™ of RSD705.03.
Key valuation signals for XBEL:NIIS:
Shares Outstanding (EOP): 163 Mil
GF Value™: RSD705.03 vs. price of RSD705.00 (0% below fair value)
No single metric tells the full story. See the XBEL:NIIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIS AD is vertically-integrated energy company operating in Serbia. It engages in the exploration, production, and development of crude oil and gas as well as the production of refined petroleum products, petroleum products and gas trading and electric generation and trading. NIS operates through two segments namely Upstream and Downstream. The Upstream segment includes exploration, development, and production of crude oil and natural gas and oil field services whereas the Downstream segment includes refining and marketing, processing of crude oil into refined products and purchases, sale and transport of crude and refined petroleum products. The company's products are compressed natural gas, motor fuels, energy fuels, oils and lubricants, petrochemical products, and other products.
18GF Score
Get the complete analysis for XBEL:NIIS
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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