Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Natac Natural Ingredients's shares outstanding for the quarter that ended in Dec. 2025 was 431.85 Mil.
Natac Natural Ingredients's quarterly shares outstanding
increased
from Jun. 2025 (431.81 Mil) to Dec. 2025 (431.85 Mil).
It means Natac Natural Ingredientsissued new shares from Jun. 2025 to Dec. 2025 .
Natac Natural Ingredients's annual shares outstanding
increased
from Dec. 2024 (431.61 Mil) to Dec. 2025 (431.85 Mil).
It means Natac Natural Ingredientsissued new shares from Dec. 2024 to Dec. 2025 .
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.
Natac Natural Ingredients Shares Outstanding (EOP) Related Terms
Natac Natural Ingredients Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Natac Natural Ingredients'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.
XMAD:NAT vs LIN, SHW, ECL: Shares Outstanding (EOP) Comparison
For the Specialty Chemicals subindustry, Natac Natural Ingredients'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.
Natac Natural Ingredients Shares Outstanding (EOP) vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Natac Natural Ingredients's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Natac Natural Ingredients'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 431.85 Mil mean?
Natac Natural Ingredients (XMAD:NAT) has a Shares Outstanding (EOP) of 431.85 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Natac Natural Ingredients and its competitors.
Is Natac Natural Ingredients' Shares Outstanding (EOP) too high?
Natac Natural Ingredients' current Shares Outstanding (EOP) is 431.85 Mil. Overall, Natac Natural Ingredients has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Natac Natural Ingredients' Shares Outstanding (EOP) compare to LIN and SHW?
Natac Natural Ingredients' Shares Outstanding (EOP) of 431.85 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Shares Outstanding (EOP) depends on the Chemicals 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 Natac Natural Ingredients and its competitors. Natac Natural Ingredients's current Shares Outstanding (EOP) is 431.85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natac Natural Ingredients stock overvalued right now?
Based on GuruFocus' analysis, Natac Natural Ingredients (XMAD:NAT) is currently considered Significantly Undervalued. The stock's GF Value™ is €1.05, compared to a current price of €0.59 — trading 43.8% below its estimated fair value. The current Shares Outstanding (EOP) is 431.85 Mil. Natac Natural Ingredients' overall GF Score™ is 60/100 with 6 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 Natac Natural Ingredients (XMAD:NAT), the current Shares Outstanding (EOP) is 431.85 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 Natac Natural Ingredients (XMAD:NAT) Overvalued in 2026?
Based on GuruFocus' analysis, Natac Natural Ingredients stock appears to be undervalued.
The current stock price of €0.59 is trading 43.8% below its estimated GF Value™ of €1.05.
GuruFocus considers Natac Natural Ingredients to be Significantly Undervalued.
Key valuation signals for XMAD:NAT:
Shares Outstanding (EOP): 431.85 Mil
GF Value™: €1.05 vs. price of €0.59 (43.8% below fair value)
No single metric tells the full story. See the XMAD:NAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natac Natural Ingredients SA is engaged in producing sustainable natural ingredients from botanicals and fish. The company researches, develops, produces, and markets natural ingredients derived from plant extracts. The group has two operating segments: Vegetable extracts, and Omega-3, of which it derives maximum revenue from Vegetable Extracts.
60GF Score
Get the complete analysis for XMAD:NAT
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XMAD:NAT has been successfully added to your 
