Elia Group/NV (LTS:0NTU) Shares Outstanding (Basic Average): 109 Mil (As of Dec. 2025)


LTS:0NTU Elia Group SA/NV LTS:0NTU
76 GF Score
Price €139.05
GF Value €94.50
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Elia Group/NV Shares Outstanding (Basic Average)?

Elia Group/NV LTS:0NTU +2.81% 76 Shares Outstanding (Basic Average) is 109 Mil as of Dec. 2025. GuruFocus rates LTS:0NTU with a GF Score™ of 76/100 and a GF Value™ of €94.50 (Significantly Overvalued). The stock has 11 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Elia Group/NV's average basic shares outstanding for the quarter that ended in Dec. 2025 was 109 Mil.


Elia Group/NV  (LTS:0NTU) 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.


Elia Group/NV Shares Outstanding (Basic Average) Related Terms


Elia Group/NV Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Elia Group/NV'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.

Elia Group/NV Shares Outstanding (Basic Average) Chart

Elia Group/NV 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 72.54 75.10 77.59 77.29 101.10

Elia Group/NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.51 77.29 77.29 92.97 109.24
LTS:0NTU
76GF Score
Elia Group SA/NV LTS:0NTU
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Elia Group/NV 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 109 Mil mean?
Elia Group/NV (LTS:0NTU) has a Shares Outstanding (Basic Average) of 109 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Elia Group/NV and its competitors.
Is Elia Group/NV's Shares Outstanding (Basic Average) too high?
Elia Group/NV's current Shares Outstanding (Basic Average) is 109 Mil. Overall, Elia Group/NV has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elia Group/NV's Shares Outstanding (Basic Average) compare to NEE and SO?
Elia Group/NV's Shares Outstanding (Basic Average) of 109 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Shares Outstanding (Basic Average) depends on the Utilities - Regulated 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 Elia Group/NV and its competitors. Elia Group/NV's current Shares Outstanding (Basic Average) is 109 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elia Group/NV stock overvalued right now?
Based on GuruFocus' analysis, Elia Group/NV (LTS:0NTU) is currently considered Significantly Overvalued. The stock's GF Value™ is €94.50, compared to a current price of €139.05 — trading 47.1% above its estimated fair value. The current Shares Outstanding (Basic Average) is 109 Mil. Elia Group/NV's overall GF Score™ is 76/100 with 11 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 Elia Group/NV (LTS:0NTU), the current Shares Outstanding (Basic Average) is 109 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 Elia Group/NV (LTS:0NTU) Overvalued in 2026?

Based on GuruFocus' analysis, Elia Group/NV stock appears to be overvalued. The current stock price of €139.05 is trading 47.1% above its estimated GF Value™ of €94.50. GuruFocus considers Elia Group/NV to be Significantly Overvalued.

Key valuation signals for LTS:0NTU:

  • Shares Outstanding (Basic Average): 109 Mil
  • GF Value™: €94.50 vs. price of €139.05 (47.1% above fair value)
  • GF Score™: 76/100 with 11 warning signs

No single metric tells the full story. See the LTS:0NTU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elia Group/NV Business Description

Address 20 Boulevard de l’Empereur, Brussels, BEL, 1000
Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company mainly generates revenue by serving as the electricity transmission system operator in both Germany and Belgium, where it provides electric grid usage. These countries also house many of the firm's energy infrastructure investments. Elia's operating segments are: 50Hertz Transmission Germany, which derives maximum revenue, Elia Transmission Belgium, and Non-regulated activities and Nemo Link. Geographically, it generates maximum revenue from Germany, and the rest from Belgium, Other EU countries, North America, and Asia and Africa.
76GF Score

Get the complete analysis for LTS:0NTU

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

€139.05
Price
€94.50
GF Value