FirstFarms AS (OCSE:FFARMS) Shares Outstanding (Basic Average): 12.2 Mil (As of Dec. 2025)


OCSE:FFARMS FirstFarms AS OCSE:FFARMS
55 GF Score
Price kr68.80
GF Value kr53.96
Valuation Modestly Overvalued
! 9 Warning Signs
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What is FirstFarms AS Shares Outstanding (Basic Average)?

FirstFarms AS OCSE:FFARMS 55 Shares Outstanding (Basic Average) is 12.2 Mil as of Dec. 2025. GuruFocus rates OCSE:FFARMS with a GF Score™ of 55/100 and a GF Value™ of kr53.96 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. FirstFarms AS's average basic shares outstanding for the quarter that ended in Dec. 2025 was 12.2 Mil.


FirstFarms AS  (OCSE:FFARMS) 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.


FirstFarms AS Shares Outstanding (Basic Average) Related Terms


FirstFarms AS Shares Outstanding (Basic Average) Historical Data

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The historical data trend for FirstFarms 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.

FirstFarms AS Shares Outstanding (Basic Average) Chart

FirstFarms AS 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 7.86 9.46 9.95 11.15 12.25

FirstFarms AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 11.14 9.43 12.23 12.22 12.23
OCSE:FFARMS
55GF Score
FirstFarms AS OCSE:FFARMS
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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FirstFarms 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 12.2 Mil mean?
FirstFarms AS (OCSE:FFARMS) has a Shares Outstanding (Basic Average) of 12.2 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on FirstFarms AS and its competitors.
Is FirstFarms AS's Shares Outstanding (Basic Average) too high?
FirstFarms AS's current Shares Outstanding (Basic Average) is 12.2 Mil. Overall, FirstFarms AS has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FirstFarms AS's Shares Outstanding (Basic Average) compare to ADM and BG?
FirstFarms AS's Shares Outstanding (Basic Average) of 12.2 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Shares Outstanding (Basic Average) depends on the Consumer Packaged Goods 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 FirstFarms AS and its competitors. FirstFarms AS's current Shares Outstanding (Basic Average) is 12.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirstFarms AS stock overvalued right now?
Based on GuruFocus' analysis, FirstFarms AS (OCSE:FFARMS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr53.96, compared to a current price of kr68.80 — trading 27.5% above its estimated fair value. The current Shares Outstanding (Basic Average) is 12.2 Mil. FirstFarms AS's overall GF Score™ is 55/100 with 9 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 FirstFarms AS (OCSE:FFARMS), the current Shares Outstanding (Basic Average) is 12.2 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 FirstFarms AS (OCSE:FFARMS) Overvalued in 2026?

Based on GuruFocus' analysis, FirstFarms AS stock appears to be overvalued. The current stock price of kr68.80 is trading 27.5% above its estimated GF Value™ of kr53.96. GuruFocus considers FirstFarms AS to be Modestly Overvalued.

Key valuation signals for OCSE:FFARMS:

  • Shares Outstanding (Basic Average): 12.2 Mil
  • GF Value™: kr53.96 vs. price of kr68.80 (27.5% above fair value)
  • GF Score™: 55/100 with 9 warning signs

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


FirstFarms AS Business Description

Address Majsmarken 1, Billund, DNK, DK-7190
FirstFarms AS is an agricultural company operating in the area of agriculture and food products. Its business consists of four branches of operation: crops, milk, pigs and development of the land portfolio. Geographically, the group's segments are Romania, Slovakia, Hungary, the Czech Republic, and Denmark. The majority of the company's revenue is derived from Slovakia. The company's revenue consists of the sale of Milk, Cows and calves, piglets and slaughter pigs, crops and others.
55GF Score

Get the complete analysis for OCSE:FFARMS

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

kr68.80
Price
kr53.96
GF Value