Zalaris ASA (CHIX:ZALO) Shares Outstanding (Basic Average): 22 Mil (As of Mar. 2026)


CHIX:ZALO Zalaris ASA CHIX:ZALO
88 GF Score
Price kr51.60
GF Value kr47.27
! 6 Warning Signs
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What is Zalaris ASA Shares Outstanding (Basic Average)?

Zalaris ASA CHIX:ZALO 88 Shares Outstanding (Basic Average) is 22 Mil as of Mar. 2026. GuruFocus rates CHIX:ZALO with a GF Score™ of 88/100 and a GF Value™ of kr47.27. The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Zalaris ASA's average basic shares outstanding for the quarter that ended in Mar. 2026 was 22 Mil.


Zalaris ASA  (CHIX:ZALo) Shares Outstanding (Basic Average) 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.


Be Aware

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.


Zalaris ASA Shares Outstanding (Basic Average) Related Terms


Zalaris ASA Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Zalaris ASA's Shares Outstanding (Basic Average) 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.

Zalaris ASA Shares Outstanding (Basic Average) Chart

Zalaris ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.29 21.60 21.65 21.68 21.72

Zalaris ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) 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 21.70 21.70 21.87 21.70 21.80
CHIX:ZALO
88GF Score
Zalaris ASA CHIX:ZALO
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Zalaris ASA Shares Outstanding (Basic Average) 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 exact time point. 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 (Basic Average) of 22 Mil mean?
Zalaris ASA (CHIX:ZALO) has a Shares Outstanding (Basic Average) of 22 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Zalaris ASA and its competitors.
Is Zalaris ASA's Shares Outstanding (Basic Average) too high?
Zalaris ASA's current Shares Outstanding (Basic Average) is 22 Mil. Overall, Zalaris ASA has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Zalaris ASA's Shares Outstanding (Basic Average) compare to KFY and RHI?
Zalaris ASA's Shares Outstanding (Basic Average) of 22 Mil can be compared against companies in the Business Services 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 (Basic Average) for a Business Services company?
A good Shares Outstanding (Basic Average) depends on the Business Services industry context. However, Shares Outstanding (Basic Average) 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 (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Zalaris ASA and its competitors. Zalaris ASA's current Shares Outstanding (Basic Average) is 22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalaris ASA stock overvalued right now?
Zalaris ASA (CHIX:ZALO) has a current Shares Outstanding (Basic Average) of 22 Mil. The stock's GF Value™ is kr47.27, compared to a current price of kr51.60 — trading 9.2% above its estimated fair value. The current Shares Outstanding (Basic Average) is 22 Mil. Zalaris ASA's overall GF Score™ is 88/100 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 (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Zalaris ASA (CHIX:ZALO), the current Shares Outstanding (Basic Average) is 22 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 Zalaris ASA (CHIX:ZALO) Overvalued in 2026?

Based on GuruFocus' analysis, Zalaris ASA stock appears to be overvalued. The current stock price of kr51.60 is trading 9.2% above its estimated GF Value™ of kr47.27.

Key valuation signals for CHIX:ZALO:

  • Shares Outstanding (Basic Average): 22 Mil
  • GF Value™: kr47.27 vs. price of kr51.60 (9.2% above fair value)
  • GF Score™: 88/100 with 6 warning signs

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


Zalaris ASA Business Description

Address Hoffsveien 4, Oslo, NOR, NO-0275
Zalaris ASA is a company that offers outsourced personnel and payroll services. The company has two reportable segments: Managed Services and Zalaris Consulting. Managed Services include payroll and HR outsourcing services, cloud system solutions and services, and contribute to the majority of the revenue. The Zalaris Consulting segment includes the implementation of SAP HCM & Payroll and SuccessFactors, based on Zalaris templates, or implementation of customer-specific functionalities. Zalaris operates in Norway, Northern Europe, Central Europe, the UK, Ireland, and APAC.
88GF Score

Get the complete analysis for CHIX:ZALO

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

kr51.60
Price
kr47.27
GF Value