Northam Platinum Holdings (JSE:NPH) Shares Outstanding (Basic Average): 394 Mil (As of Dec. 2025)


JSE:NPH Northam Platinum Holdings Ltd JSE:NPH
88 GF Score
Price R243.22
GF Value R199.06
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Northam Platinum Holdings Shares Outstanding (Basic Average)?

Northam Platinum Holdings JSE:NPH +4.65% 88 Shares Outstanding (Basic Average) is 394 Mil as of Dec. 2025. GuruFocus rates JSE:NPH with a GF Score™ of 88/100 and a GF Value™ of R199.06 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Northam Platinum Holdings's average basic shares outstanding for the quarter that ended in Dec. 2025 was 394 Mil.


Northam Platinum Holdings  (JSE:NPH) 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.


Northam Platinum Holdings Shares Outstanding (Basic Average) Related Terms


Northam Platinum Holdings Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Northam Platinum Holdings'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.

Northam Platinum Holdings Shares Outstanding (Basic Average) Chart

Northam Platinum Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 376.79 376.53 390.24 389.98 390.32

Northam Platinum Holdings Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 390.09 389.86 389.86 390.77 393.73
JSE:NPH
88GF Score
Northam Platinum Holdings Ltd JSE:NPH
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Northam Platinum Holdings 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 394 Mil mean?
Northam Platinum Holdings (JSE:NPH) has a Shares Outstanding (Basic Average) of 394 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Northam Platinum Holdings and its competitors.
Is Northam Platinum Holdings' Shares Outstanding (Basic Average) too high?
Northam Platinum Holdings' current Shares Outstanding (Basic Average) is 394 Mil. Overall, Northam Platinum Holdings has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northam Platinum Holdings' Shares Outstanding (Basic Average) compare to HL?
Northam Platinum Holdings' Shares Outstanding (Basic Average) of 394 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Shares Outstanding (Basic Average) depends on the Metals & Mining 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 Northam Platinum Holdings and its competitors. Northam Platinum Holdings's current Shares Outstanding (Basic Average) is 394 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northam Platinum Holdings stock overvalued right now?
Based on GuruFocus' analysis, Northam Platinum Holdings (JSE:NPH) is currently considered Modestly Overvalued. The stock's GF Value™ is R199.06, compared to a current price of R243.22 — trading 22.2% above its estimated fair value. The current Shares Outstanding (Basic Average) is 394 Mil. Northam Platinum Holdings' overall GF Score™ is 88/100 with 5 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 Northam Platinum Holdings (JSE:NPH), the current Shares Outstanding (Basic Average) is 394 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 Northam Platinum Holdings (JSE:NPH) Overvalued in 2026?

Based on GuruFocus' analysis, Northam Platinum Holdings stock appears to be overvalued. The current stock price of R243.22 is trading 22.2% above its estimated GF Value™ of R199.06. GuruFocus considers Northam Platinum Holdings to be Modestly Overvalued.

Key valuation signals for JSE:NPH:

  • Shares Outstanding (Basic Average): 394 Mil
  • GF Value™: R199.06 vs. price of R243.22 (22.2% above fair value)
  • GF Score™: 88/100 with 5 warning signs

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


Northam Platinum Holdings Business Description

Other Exchanges NPTLF:USA7JR:Germany
Address Magwa Crescent West, Building 4, 1st Floor, Maxwell Office Park, Jukskei View, Midrand, Waterfall City, GT, ZAF, 2090
Northam Platinum Holdings Ltd is an integrated producer of platinum group metals. Its primary joint products are the platinum, palladium, rhodium and gold (4E). The primary consumers of these metals are the motor manufacturing industry, the jewelry industry, and other industrial sectors. Its segments include Northam Holdings, Zondereinde mine (being Northam Platinum), Booysendal mine, Eland mine and the U.S recycling operations. The maximum revenue for the company is generated from its Zondereinde mine segment.
88GF Score

Get the complete analysis for JSE:NPH

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

R243.22
Price
R199.06
GF Value