ITM Power (XTER:IJ8) Shares Outstanding (Basic Average): 617.37 Mil (As of Oct. 2025)


XTER:IJ8 ITM Power PLC XTER:IJ8
79 GF Score
Price €1.28
GF Value €2.15
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is ITM Power Shares Outstanding (Basic Average)?

ITM Power XTER:IJ8 -1.31% 79 Shares Outstanding (Basic Average) is 617.37 Mil as of Oct. 2025. GuruFocus rates XTER:IJ8 with a GF Score™ of 79/100 and a GF Value™ of €2.15 (Possible Value Trap). The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. ITM Power's average basic shares outstanding for the quarter that ended in Oct. 2025 was 617.37 Mil.


ITM Power  (XTER:IJ8) 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.


ITM Power Shares Outstanding (Basic Average) Related Terms


ITM Power Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for ITM Power'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.

ITM Power Shares Outstanding (Basic Average) Chart

ITM Power Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 507.26 576.70 614.68 616.74 617.27

ITM Power Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 616.61 616.88 617.18 617.37 617.37
XTER:IJ8
79GF Score
ITM Power PLC XTER:IJ8
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITM Power 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 617.37 Mil mean?
ITM Power (XTER:IJ8) has a Shares Outstanding (Basic Average) of 617.37 Mil as of Oct. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on ITM Power and its competitors.
Is ITM Power's Shares Outstanding (Basic Average) too high?
ITM Power's current Shares Outstanding (Basic Average) is 617.37 Mil. Overall, ITM Power has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ITM Power's Shares Outstanding (Basic Average) compare to GEV and ETN?
ITM Power's Shares Outstanding (Basic Average) of 617.37 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Shares Outstanding (Basic Average) depends on the Industrial Products 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 ITM Power and its competitors. ITM Power's current Shares Outstanding (Basic Average) is 617.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITM Power stock overvalued right now?
Based on GuruFocus' analysis, ITM Power (XTER:IJ8) is currently considered Possible Value Trap. The stock's GF Value™ is €2.15, compared to a current price of €1.28 — trading 40.4% below its estimated fair value. The current Shares Outstanding (Basic Average) is 617.37 Mil. ITM Power's overall GF Score™ is 79/100 with 1 warning sign 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 ITM Power (XTER:IJ8), the current Shares Outstanding (Basic Average) is 617.37 Mil as of Oct. 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 ITM Power (XTER:IJ8) Overvalued in 2026?

Based on GuruFocus' analysis, ITM Power stock appears to be undervalued. The current stock price of €1.28 is trading 40.4% below its estimated GF Value™ of €2.15. GuruFocus considers ITM Power to be Possible Value Trap.

Key valuation signals for XTER:IJ8:

  • Shares Outstanding (Basic Average): 617.37 Mil
  • GF Value™: €2.15 vs. price of €1.28 (40.4% below fair value)
  • GF Score™: 79/100 with 1 warning sign

No single metric tells the full story. See the XTER:IJ8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ITM Power Business Description

Other Exchanges ITMPF:USAITMl:UKITM:UK
Address 2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.
79GF Score

Get the complete analysis for XTER:IJ8

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

€1.28
Price
€2.15
GF Value