Nippon Paint Holdings Co (FRA:NI7) Shares Outstanding (Basic Average): 2,323 Mil (As of Mar. 2026)


FRA:NI7 Nippon Paint Holdings Co Ltd FRA:NI7
86 GF Score
Price €5.60
GF Value €6.31
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nippon Paint Holdings Co Shares Outstanding (Basic Average)?

Nippon Paint Holdings Co FRA:NI7 86 Shares Outstanding (Basic Average) is 2,323 Mil as of Mar. 2026. GuruFocus rates FRA:NI7 with a GF Score™ of 86/100 and a GF Value™ of €6.31 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Nippon Paint Holdings Co's average basic shares outstanding for the quarter that ended in Mar. 2026 was 2,323 Mil.


Nippon Paint Holdings Co  (FRA:NI7) 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.


Nippon Paint Holdings Co Shares Outstanding (Basic Average) Related Terms


Nippon Paint Holdings Co Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Nippon Paint Holdings Co'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.

Nippon Paint Holdings Co Shares Outstanding (Basic Average) Chart

Nippon Paint Holdings Co Annual Data
Trend Mar16 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 2,297.24 2,348.32 2,348.53 2,348.68 2,345.32

Nippon Paint Holdings Co 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 2,349.08 2,348.76 2,348.94 2,345.32 2,322.99
FRA:NI7
86GF Score
Nippon Paint Holdings Co Ltd FRA:NI7
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Paint Holdings Co 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 2,323 Mil mean?
Nippon Paint Holdings Co (FRA:NI7) has a Shares Outstanding (Basic Average) of 2,323 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Nippon Paint Holdings Co and its competitors.
Is Nippon Paint Holdings Co's Shares Outstanding (Basic Average) too high?
Nippon Paint Holdings Co's current Shares Outstanding (Basic Average) is 2,323 Mil. Overall, Nippon Paint Holdings Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Paint Holdings Co's Shares Outstanding (Basic Average) compare to LIN and SHW?
Nippon Paint Holdings Co's Shares Outstanding (Basic Average) of 2,323 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 (Basic Average) for a Chemicals company?
A good Shares Outstanding (Basic Average) depends on the Chemicals 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 Nippon Paint Holdings Co and its competitors. Nippon Paint Holdings Co's current Shares Outstanding (Basic Average) is 2,323 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Paint Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Paint Holdings Co (FRA:NI7) is currently considered Modestly Undervalued. The stock's GF Value™ is €6.31, compared to a current price of €5.60 — trading 11.3% below its estimated fair value. The current Shares Outstanding (Basic Average) is 2,323 Mil. Nippon Paint Holdings Co's overall GF Score™ is 86/100 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 (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Nippon Paint Holdings Co (FRA:NI7), the current Shares Outstanding (Basic Average) is 2,323 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 Nippon Paint Holdings Co (FRA:NI7) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Paint Holdings Co stock appears to be undervalued. The current stock price of €5.60 is trading 11.3% below its estimated GF Value™ of €6.31. GuruFocus considers Nippon Paint Holdings Co to be Modestly Undervalued.

Key valuation signals for FRA:NI7:

  • Shares Outstanding (Basic Average): 2,323 Mil
  • GF Value™: €6.31 vs. price of €5.60 (11.3% below fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the FRA:NI7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Paint Holdings Co Business Description

Address 2-1-2 Oyodo Kita, Kita-ku, Osaka, JPN, 531-8511
Nippon Paint is a global paint company with operations in over 50 countries. About two-thirds of sales are in decorative paint, serving mostly residential and some commercial customers. It has the dominant share of the paint markets in China and some smaller Asian countries, as well as Australia. In other regions, it's often one of the three largest players. Its products are distributed via paint and home improvement retailers, some 300,000 distributors globally. Household brands include Nipsea, Nippon Paint, Dulux (in Asia, the Pacific, and Europe), British Paints, Betek Boya, and Alina, among others. About one-fourth of sales are in industrial coatings and paints. Here, customer groups include manufacturers of automotive and industrial products.
86GF Score

Get the complete analysis for FRA:NI7

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

€5.60
Price
€6.31
GF Value