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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Nine Entertainment Co. Holdings's current 10-Year Share Buyback Ratio was -8.00%.
ASX:NEC's 10-Year Share Buyback Ratio is ranked worse than 75.61% of 578
companies
in the Media - Diversified industry
Industry Median: -2.2
vs ASX:NEC: -8.00
Nine Entertainment Co. Holdings (ASX:NEC) 10-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Nine Entertainment Co. Holdings 10-Year Share Buyback Ratio Related Terms
ASX:NEC vs NFLX, DIS, WBD: 10-Year Share Buyback Ratio Comparison
For the Entertainment subindustry, Nine Entertainment Co. Holdings's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-Year Share Buyback Ratio 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.
Nine Entertainment Co. Holdings 10-Year Share Buyback Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nine Entertainment Co. Holdings's 10-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Nine Entertainment Co. Holdings's 10-Year Share Buyback Ratio falls into.
Nine Entertainment Co. Holdings 10-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 10-Year Share Buyback Ratio of -8.00 mean?
Nine Entertainment Co. Holdings (ASX:NEC) has a 10-Year Share Buyback Ratio of -8.00 as of Dec. 2025. The 10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. View historical data for Nine Entertainment Co. Holdings and its competitors. According to the industry distribution chart, Nine Entertainment Co. Holdings ranks #437 out of 578 companies in the Media - Diversified industry, placing it in the top 75.6%.
Is Nine Entertainment Co. Holdings' 10-Year Share Buyback Ratio too high?
Nine Entertainment Co. Holdings' current 10-Year Share Buyback Ratio is -8.00. Based on the distribution chart, Nine Entertainment Co. Holdings ranks #437 out of 578 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Nine Entertainment Co. Holdings has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nine Entertainment Co. Holdings' 10-Year Share Buyback Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Nine Entertainment Co. Holdings ranks #437 out of 578 companies for 10-Year Share Buyback Ratio. This places Nine Entertainment Co. Holdings in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year Share Buyback Ratio for a Media - Diversified company?
A good 10-Year Share Buyback Ratio depends on the Media - Diversified industry context. However, 10-Year Share Buyback Ratio 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 10-Year Share Buyback Ratio mean?
A high 10-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. View historical data for Nine Entertainment Co. Holdings and its competitors. Nine Entertainment Co. Holdings's current 10-Year Share Buyback Ratio is -8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Entertainment Co. Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nine Entertainment Co. Holdings (ASX:NEC) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.37, compared to a current price of A$0.98 — trading 28.8% below its estimated fair value. The current 10-Year Share Buyback Ratio is -8.00. Nine Entertainment Co. Holdings' overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year Share Buyback Ratio calculated?
10-Year Share Buyback Ratio is calculated from a company's financial statements. For Nine Entertainment Co. Holdings (ASX:NEC), the current 10-Year Share Buyback Ratio is -8.00 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 Nine Entertainment Co. Holdings (ASX:NEC) Overvalued in 2026?
Based on GuruFocus' analysis, Nine Entertainment Co. Holdings stock appears to be undervalued.
The current stock price of A$0.98 is trading 28.8% below its estimated GF Value™ of A$1.37.
GuruFocus considers Nine Entertainment Co. Holdings to be Modestly Undervalued.
Key valuation signals for ASX:NEC:
10-Year Share Buyback Ratio: -8.00
GF Value™: A$1.37 vs. price of A$0.98 (28.8% below fair value)
No single metric tells the full story. See the ASX:NEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nine Entertainment is the largest media conglomerate in Australia. It operates Nine Network, a free-to-air TV network across five capital cities, as well as in a number of regional areas. It owns 9Now, a leading broadcast video on demand, or BVOD, business. Its publishing unit is the second-largest newspaper group in Australia with key mastheads such as Australian Financial Review, Sydney Morning Herald, and The Age. Nine also operates a leading domestic-owned subscription video on demand, or SVOD, business in Australia called Stan, and a talk-based radio network. In March 2026, Nine completed the purchase of outdoor advertising entity QMS Media for AUD 850 million.
67GF Score
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10-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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