Norwegian Block Exchange AS (FRA:9Q3) Common Stock: €3.98 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

FRA:9Q3 Norwegian Block Exchange AS FRA:9Q3
51 GF Score
Price €0.04
GF Value €0.04
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Norwegian Block Exchange AS Common Stock?

Norwegian Block Exchange AS FRA:9Q3 -4.27% 51 Common Stock is €3.98 Mil as of Dec. 2025. GuruFocus rates FRA:9Q3 with a GF Score™ of 51/100 and a GF Value™ of €0.04 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Norwegian Block Exchange AS's quarterly common stock declined from Dec. 2024 (€7.00 Mil) to Jun. 2025 (€4.05 Mil) and declined from Jun. 2025 (€4.05 Mil) to Dec. 2025 (€3.98 Mil).

Norwegian Block Exchange AS's annual common stock increased from Dec. 2023 (€4.75 Mil) to Dec. 2024 (€7.00 Mil) but then declined from Dec. 2024 (€7.00 Mil) to Dec. 2025 (€3.98 Mil).

Norwegian Block Exchange AS Common Stock Historical Data

* Premium members only.

The historical data trend for Norwegian Block Exchange AS's Common Stock 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.

Norwegian Block Exchange AS Common Stock Chart

Norwegian Block Exchange AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Common Stock
Get a 7-Day Free Trial 5.12 5.22 4.75 7.00 3.98

Norwegian Block Exchange AS Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Common Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.75 7.20 7.00 4.05 3.98
FRA:9Q3
51GF Score
Norwegian Block Exchange AS FRA:9Q3
Common Stock is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norwegian Block Exchange AS Common Stock Calculation

Common stock is listed on the Balance Sheet at the par value of the total shares outstanding of a company.

The par value of common stocks is meaningless. It is usually set at an absurdly low number.

Frequently Asked Questions Learn more about Common Stock →
What does a Common Stock of €3.98 Mil mean?
Norwegian Block Exchange AS (FRA:9Q3) has a Common Stock of €3.98 Mil as of Dec. 2025. Common Stock is the par value of a company's shares outstanding, as listed on the balance sheet. View historical data on Norwegian Block Exchange AS and its competitors.
Is Norwegian Block Exchange AS's Common Stock too high?
Norwegian Block Exchange AS's current Common Stock is €3.98 Mil. Overall, Norwegian Block Exchange AS has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Block Exchange AS's Common Stock compare to MS and GS?
Norwegian Block Exchange AS's Common Stock of €3.98 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Common Stock for a Capital Markets company?
A good Common Stock depends on the Capital Markets industry context. However, Common Stock 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 Common Stock mean?
A high Common Stock can signal that a stock is expensive relative to its fundamentals. Common Stock is the par value of a company's shares outstanding, as listed on the balance sheet. View historical data on Norwegian Block Exchange AS and its competitors. Norwegian Block Exchange AS's current Common Stock is €3.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwegian Block Exchange AS stock overvalued right now?
Based on GuruFocus' analysis, Norwegian Block Exchange AS (FRA:9Q3) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.04, compared to a current price of €0.04 — trading 6.5% above its estimated fair value. The current Common Stock is €3.98 Mil. Norwegian Block Exchange AS's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Common Stock calculated?
Common Stock is calculated from a company's financial statements. For Norwegian Block Exchange AS (FRA:9Q3), the current Common Stock is €3.98 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 Norwegian Block Exchange AS (FRA:9Q3) Overvalued in 2026?

Based on GuruFocus' analysis, Norwegian Block Exchange AS stock appears to be overvalued. The current stock price of €0.04 is trading 6.5% above its estimated GF Value™ of €0.04. GuruFocus considers Norwegian Block Exchange AS to be Significantly Overvalued.

Key valuation signals for FRA:9Q3:

  • Common Stock: €3.98 Mil
  • GF Value™: €0.04 vs. price of €0.04 (6.5% above fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the FRA:9Q3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Norwegian Block Exchange AS Business Description

Other Exchanges NBX:Norway9Q3:Germany
Address Arnstein Arnebergs Vei 30, Lysaker, NOR, 1366
Norwegian Block Exchange AS is a financial services company that specializes in developing digital asset-based products. It is a cryptocurrency exchange serving the Nordic market, offering secure trading of digital assets, tokenization, custody solutions, and blockchain technology services for retail and institutional clients. NBX provides a compliant trading environment with robust security measures and transparent operations. The company has also issued a credit card with BTC cashback.
51GF Score

Get the complete analysis for FRA:9Q3

Common Stock is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.04
Price
€0.04
GF Value