SATS ASA (OSL:SATS) Shares Outstanding (Diluted Average): 199 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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OSL:SATS SATS ASA OSL:SATS
75 GF Score
Price kr41.40
GF Value kr28.25
Valuation Significantly Overvalued
! 4 Warning Signs
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What is SATS ASA Shares Outstanding (Diluted Average)?

SATS ASA OSL:SATS +0.49% 75 Shares Outstanding (Diluted Average) is 199 Mil as of Mar. 2026. GuruFocus rates OSL:SATS with a GF Score™ of 75/100 and a GF Value™ of kr28.25 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. SATS ASA's average diluted shares outstanding for the quarter that ended in Mar. 2026 was 199 Mil.


SATS ASA  (OSL:SATS) Shares Outstanding (Diluted 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.


SATS ASA Shares Outstanding (Diluted Average) Related Terms


SATS ASA Shares Outstanding (Diluted Average) Historical Data

* Premium members only.

The historical data trend for SATS ASA's Shares Outstanding (Diluted 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.

SATS ASA Shares Outstanding (Diluted Average) Chart

SATS ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 170.85 196.92 204.07 205.46 203.07

SATS ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Diluted 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 204.43 203.33 203.19 201.06 199.17
OSL:SATS
75GF Score
SATS ASA OSL:SATS
Shares Outstanding (Diluted Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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SATS ASA Shares Outstanding (Diluted 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 (Diluted Average) of 199 Mil mean?
SATS ASA (OSL:SATS) has a Shares Outstanding (Diluted Average) of 199 Mil as of Mar. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on SATS ASA and its competitors.
Is SATS ASA's Shares Outstanding (Diluted Average) too high?
SATS ASA's current Shares Outstanding (Diluted Average) is 199 Mil. Overall, SATS ASA has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SATS ASA's Shares Outstanding (Diluted Average) compare to AS and HAS?
SATS ASA's Shares Outstanding (Diluted Average) of 199 Mil can be compared against companies in the Travel & Leisure 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 (Diluted Average) for a Travel & Leisure company?
A good Shares Outstanding (Diluted Average) depends on the Travel & Leisure industry context. However, Shares Outstanding (Diluted 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 (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on SATS ASA and its competitors. SATS ASA's current Shares Outstanding (Diluted Average) is 199 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SATS ASA stock overvalued right now?
Based on GuruFocus' analysis, SATS ASA (OSL:SATS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr28.25, compared to a current price of kr41.40 — trading 46.5% above its estimated fair value. The current Shares Outstanding (Diluted Average) is 199 Mil. SATS ASA's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For SATS ASA (OSL:SATS), the current Shares Outstanding (Diluted Average) is 199 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 SATS ASA (OSL:SATS) Overvalued in 2026?

Based on GuruFocus' analysis, SATS ASA stock appears to be overvalued. The current stock price of kr41.40 is trading 46.5% above its estimated GF Value™ of kr28.25. GuruFocus considers SATS ASA to be Significantly Overvalued.

Key valuation signals for OSL:SATS:

  • Shares Outstanding (Diluted Average): 199 Mil
  • GF Value™: kr28.25 vs. price of kr41.40 (46.5% above fair value)
  • GF Score™: 75/100 with 4 warning signs

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


SATS ASA Business Description

Address Nydalsveien 28, Oslo, NOR, 0484
SATS ASA is engaged in providing fitness training services in the Nordics for both men and women. The company's training options include studio training for individual strength and cardio training, group training classes, personal trainers specializing in a wide range of areas, boot camps for smaller groups, out-of-club training for members' convenience, and retail shops providing members.
75GF Score

Get the complete analysis for OSL:SATS

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

kr41.40
Price
kr28.25
GF Value