Novus Properties (XMAU:NOV) Shares Outstanding (Basic Average): 14.00 Mil (As of Mar. 2026)


XMAU:NOV Novus Properties Ltd XMAU:NOV
81 GF Score
Price MUR6.80
GF Value MUR9.05
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Novus Properties Shares Outstanding (Basic Average)?

Novus Properties XMAU:NOV 81 Shares Outstanding (Basic Average) is 14.00 Mil as of Mar. 2026. GuruFocus rates XMAU:NOV with a GF Score™ of 81/100 and a GF Value™ of MUR9.05 (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. Novus Properties's average basic shares outstanding for the quarter that ended in Mar. 2026 was 14.00 Mil.


Novus Properties  (XMAU:NOV) 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.


Novus Properties Shares Outstanding (Basic Average) Related Terms


Novus Properties Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Novus Properties'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.

Novus Properties Shares Outstanding (Basic Average) Chart

Novus Properties Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.78 13.78 13.78 13.78 13.78

Novus Properties Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 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 14.11 13.62 13.96 13.62 14.00
XMAU:NOV
81GF Score
Novus Properties Ltd XMAU:NOV
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Novus Properties 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 14.00 Mil mean?
Novus Properties (XMAU:NOV) has a Shares Outstanding (Basic Average) of 14.00 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Novus Properties and its competitors.
Is Novus Properties' Shares Outstanding (Basic Average) too high?
Novus Properties' current Shares Outstanding (Basic Average) is 14.00 Mil. Overall, Novus Properties has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Novus Properties' Shares Outstanding (Basic Average) compare to CBRE and BEKE?
Novus Properties' Shares Outstanding (Basic Average) of 14.00 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Shares Outstanding (Basic Average) depends on the Real Estate 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 Novus Properties and its competitors. Novus Properties's current Shares Outstanding (Basic Average) is 14.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Properties stock overvalued right now?
Based on GuruFocus' analysis, Novus Properties (XMAU:NOV) is currently considered Modestly Undervalued. The stock's GF Value™ is MUR9.05, compared to a current price of MUR6.80 — trading 24.9% below its estimated fair value. The current Shares Outstanding (Basic Average) is 14.00 Mil. Novus Properties' overall GF Score™ is 81/100 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 Novus Properties (XMAU:NOV), the current Shares Outstanding (Basic Average) is 14.00 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 Novus Properties (XMAU:NOV) Overvalued in 2026?

Based on GuruFocus' analysis, Novus Properties stock appears to be undervalued. The current stock price of MUR6.80 is trading 24.9% below its estimated GF Value™ of MUR9.05. GuruFocus considers Novus Properties to be Modestly Undervalued.

Key valuation signals for XMAU:NOV:

  • Shares Outstanding (Basic Average): 14.00 Mil
  • GF Value™: MUR9.05 vs. price of MUR6.80 (24.9% below fair value)
  • GF Score™: 81/100 with 3 warning signs

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


Novus Properties Business Description

Address C/o NWT Secretarial Services Ltd, Wall Street, 3rd Floor, Carleton Tower, Cybercity, Ebene, MUS, 72201
Novus Properties Ltd is engaged in acquiring, investing, and holding an investment in real estate located in Mauritius. It invests mainly in the Offices and Light Industrial sectors. The company generates the majority revenue from the rental income. The company has invested in Industrial building at Pailles, GRNW, Offices at Grand Bay Business Park.
81GF Score

Get the complete analysis for XMAU:NOV

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

MUR6.80
Price
MUR9.05
GF Value