Norcod AS (OSL:NCOD) Market Cap: kr823.8 Mil (As of Jul. 15, 2026)

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OSL:NCOD Norcod AS OSL:NCOD
54 GF Score
Price kr10.45
GF Value kr6.54
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Norcod AS Market Cap?

Norcod AS OSL:NCOD +1.46% 54 Market Cap is kr823.8 Mil as of Jul. 15, 2026. GuruFocus rates OSL:NCOD with a GF Score™ of 54/100 and a GF Value™ of kr6.54 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,042 Consumer Packaged Goods companies, Norcod AS ranks worse than 53.67% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Norcod AS's share price for the quarter that ended in Mar. 2026 was kr9.81132. Norcod AS's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 79.4 Mil. Therefore, Norcod AS's market cap for the quarter that ended in Mar. 2026 was kr778.9 Mil.

Norcod AS's quarterly market cap increased from Sep. 2025 (kr956.5 Mil) to Dec. 2025 (kr977.6 Mil) but then declined from Dec. 2025 (kr977.6 Mil) to Mar. 2026 (kr778.9 Mil).

Norcod AS's annual market cap increased from Dec. 2023 (kr440.8 Mil) to Dec. 2024 (kr590.8 Mil) and increased from Dec. 2024 (kr590.8 Mil) to Dec. 2025 (kr977.6 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Norcod AS's Enterprise Value for Today is kr1,202.7 Mil.


Norcod AS  (OSL:NCOD) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Norcod AS Market Cap Related Terms


Norcod AS Market Cap Historical Data

* Premium members only.

The historical data trend for Norcod AS's Market Cap 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.

Norcod AS Market Cap Chart

Norcod AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial 1,856.37 1,150.77 440.83 590.82 977.57

Norcod AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap 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 674.16 858.55 956.47 977.57 778.91

OSL:NCOD vs ADM, BG, TSN: Market Cap Comparison

For the Farm Products subindustry, Norcod AS's Market Cap, along with its competitors' market caps and Market Cap 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.


Norcod AS Market Cap vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Norcod AS's Market Cap distribution charts can be found below:

* The bar in red indicates where Norcod AS's Market Cap falls into.


OSL:NCOD
54GF Score
Norcod AS OSL:NCOD
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Norcod AS Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Norcod AS's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=kr13.803376*70.821
=kr977.6

Norcod AS's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=kr9.81132*79.389
=kr778.9

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of kr823.8 Mil mean?
Norcod AS (OSL:NCOD) has a Market Cap of kr823.8 Mil as of Jul. 15, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Norcod AS and its competitors. According to the industry distribution chart, Norcod AS ranks #1096 out of 2042 companies in the Consumer Packaged Goods industry, placing it in the top 53.7%.
Is Norcod AS's Market Cap too high?
Norcod AS's current Market Cap is kr823.8 Mil. Based on the distribution chart, Norcod AS ranks #1096 out of 2042 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Norcod AS has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norcod AS's Market Cap compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Norcod AS ranks #1096 out of 2042 companies for Market Cap. This places Norcod AS in the lower half of its industry. The industry median Market Cap is 104.09. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Consumer Packaged Goods company?
The median Market Cap among Consumer Packaged Goods companies is 104.09, based on 2,042 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Norcod AS and its competitors. For the Consumer Packaged Goods industry, the median Market Cap is 104.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norcod AS's current Market Cap is kr823.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norcod AS stock overvalued right now?
Based on GuruFocus' analysis, Norcod AS (OSL:NCOD) is currently considered Significantly Overvalued. The stock's GF Value™ is kr6.54, compared to a current price of kr10.45 — trading 59.8% above its estimated fair value. The current Market Cap is kr823.8 Mil. Norcod AS's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Norcod AS (OSL:NCOD), the current Market Cap is kr823.8 Mil as of Jul. 15, 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 Norcod AS (OSL:NCOD) Overvalued in 2026?

Based on GuruFocus' analysis, Norcod AS stock appears to be overvalued. The current stock price of kr10.45 is trading 59.8% above its estimated GF Value™ of kr6.54. GuruFocus considers Norcod AS to be Significantly Overvalued.

Key valuation signals for OSL:NCOD:

  • Market Cap: kr823.8 Mil
  • GF Value™: kr6.54 vs. price of kr10.45 (59.8% above fair value)
  • GF Score™: 54/100 with 7 warning signs

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


Norcod AS Business Description

Other Exchanges NO9:Germany
Address Thomas Angells Gate 22, Trondheim, NOR, 7011
Norcod AS is engaged in the business of commercial farming and selling Atlantic cod in marine facilities. The company serves customers world-wide. Its production is based in its natural cold-water habitat along the coast of Central and Northern Norway. The company's operating revenue is derived mainly from the sale of cod. The company has two operating segments: Farming, Includes activities related to fish farming operations from juvenile to harvest-ready biomass and sale of cod and liver in Norway and for export through the sales agent Sirena Group; and Harvesting, Includes harvesting activities, where farming generates maximum revenue.
54GF Score

Get the complete analysis for OSL:NCOD

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

kr10.45
Price
kr6.54
GF Value