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The historical data trend for Nova Iron & Steel's Buyback Yield % 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.
BOM:513566 vs NUE, STLD, RS: Buyback Yield % Comparison
For the Steel subindustry, Nova Iron & Steel's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nova Iron & Steel Buyback Yield % vs Steel Industry
For the Steel industry and Basic Materials sector, Nova Iron & Steel's Buyback Yield % distribution charts can be found below:
* The bar in red indicates where Nova Iron & Steel's Buyback Yield % falls into.
* 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.
Nova Iron & Steel (BOM:513566) has a Buyback Yield % of 0.00 as of Aug. 31, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Nova Iron & Steel and its competitors. According to the industry distribution chart, Nova Iron & Steel ranks #999999 out of 102 companies in the Steel industry.
Is Nova Iron & Steel's Buyback Yield % too high?
Nova Iron & Steel's current Buyback Yield % is 0.00. Based on the distribution chart, Nova Iron & Steel ranks #999999 out of 102 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Nova Iron & Steel has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nova Iron & Steel's Buyback Yield % compare to NUE and STLD?
According to the Steel industry distribution chart, Nova Iron & Steel ranks #999999 out of 102 companies for Buyback Yield %. This places Nova Iron & Steel in the lower half of its industry. The industry median Buyback Yield % is 0.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for a Steel company?
The median Buyback Yield % among Steel companies is 0.02, based on 102 companies in the industry. Companies in the top quartile (top 25%) have a Buyback Yield % significantly above this median, while those in the bottom quartile fall well below. However, Buyback Yield % 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 Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Nova Iron & Steel and its competitors. For the Steel industry, the median Buyback Yield % is 0.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Iron & Steel's current Buyback Yield % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Iron & Steel stock overvalued right now?
Based on GuruFocus' analysis, Nova Iron & Steel (BOM:513566) is currently considered Fairly Valued. The stock's GF Value™ is ₹12.97, compared to a current price of ₹11.90 — trading 8.2% below its estimated fair value. The current Buyback Yield % is 0.00. Nova Iron & Steel's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For Nova Iron & Steel (BOM:513566), the current Buyback Yield % is 0.00 as of Aug. 31, 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 Nova Iron & Steel (BOM:513566) Overvalued in 2026?
Based on GuruFocus' analysis, Nova Iron & Steel stock appears to be undervalued.
The current stock price of ₹11.90 is trading 8.2% below its estimated GF Value™ of ₹12.97.
GuruFocus considers Nova Iron & Steel to be Fairly Valued.
Key valuation signals for BOM:513566:
Buyback Yield %: 0.00
GF Value™: ₹12.97 vs. price of ₹11.90 (8.2% below fair value)
No single metric tells the full story. See the BOM:513566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nova Iron & Steel Ltd is an Indian company engaged in the business of manufacturing and trading iron, steel, metals, securities, and natural resources.
53GF Score
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