NORSF (Norsk Titanium AS) Shares Outstanding (Basic Average): 1,027.45 Mil (As of Dec. 2025)


NORSF Norsk Titanium AS NORSF
55 GF Score
Price $0.11
GF Value $0.11
Valuation Fairly Valued
! 7 Warning Signs
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What is Norsk Titanium AS Shares Outstanding (Basic Average)?

Norsk Titanium AS NORSF 55 Shares Outstanding (Basic Average) is 1,027.45 Mil as of Dec. 2025. GuruFocus rates NORSF with a GF Score™ of 55/100 and a GF Value™ of $0.11 (Fairly Valued). The stock has 7 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Norsk Titanium AS's average basic shares outstanding for the quarter that ended in Dec. 2025 was 1,027.45 Mil.

Norsk Titanium AS  (OTCPK:NORSF) 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.

Norsk Titanium AS Shares Outstanding (Basic Average) Related Terms

Norsk Titanium AS Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Norsk Titanium AS'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.

Norsk Titanium AS Shares Outstanding (Basic Average) Chart

Norsk Titanium AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 220.92 276.67 263.57 530.30 879.97

Norsk Titanium AS Semi-Annual Data
Dec18 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 271.10 669.13 805.50 803.45 1,027.45
NORSF
55GF Score
Norsk Titanium AS NORSF
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Norsk Titanium AS 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 1,027.45 Mil mean?
Norsk Titanium AS (NORSF) has a Shares Outstanding (Basic Average) of 1,027.45 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Norsk Titanium AS and its competitors.
Is Norsk Titanium AS's Shares Outstanding (Basic Average) too high?
Norsk Titanium AS's current Shares Outstanding (Basic Average) is 1,027.45 Mil. Overall, Norsk Titanium AS has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norsk Titanium AS's Shares Outstanding (Basic Average) compare to GE and RTX?
Norsk Titanium AS's Shares Outstanding (Basic Average) of 1,027.45 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Shares Outstanding (Basic Average) depends on the Aerospace & Defense 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 Norsk Titanium AS and its competitors. Norsk Titanium AS's current Shares Outstanding (Basic Average) is 1,027.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Titanium AS stock overvalued right now?
Based on GuruFocus' analysis, Norsk Titanium AS (NORSF) is currently considered Fairly Valued. The stock's GF Value™ is $0.11, compared to a current price of $0.11 — trading right at its estimated fair value. The current Shares Outstanding (Basic Average) is 1,027.45 Mil. Norsk Titanium AS's overall GF Score™ is 55/100 with 7 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 Norsk Titanium AS (NORSF), the current Shares Outstanding (Basic Average) is 1,027.45 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 Norsk Titanium AS (NORSF) Overvalued in 2026?

Based on GuruFocus' analysis, Norsk Titanium AS stock appears to be undervalued. The current stock price of $0.11 is trading 0% below its estimated GF Value™ of $0.11. GuruFocus considers Norsk Titanium AS to be Fairly Valued.

Key valuation signals for NORSF:

  • Shares Outstanding (Basic Average): 1,027.45 Mil
  • GF Value™: $0.11 vs. price of $0.11 (0% below fair value)
  • GF Score™: 55/100 with 7 warning signs

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

Norsk Titanium AS Business Description

Other Exchanges NTI:Norway84F:Germany
Address Flyplassveien 20, Honefoss, NOR, 3514
Norsk Titanium AS is in metal 3D printing. The company uses its proprietary Rapid Plasma Deposition (RPD) technology for cost-efficient 3D printing of metal alloys. This technology enables the production of value-added parts that are suitable for a large market. The company's focus is on high-end structural applications that require the use of titanium parts, which offer substantial benefits compared to traditional materials and production methods. The company caters to high-complexity markets such as commercial aerospace and defense, which allows it to deliver value propositions and position itself for expansion into other markets. Geographically, the company generates revenue from Norway, Europe, and the USA.
55GF Score

Get the complete analysis for NORSF

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

$0.11
Price
$0.11
GF Value