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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. Harvey Norman Holdings's current 10-Year Share Buyback Ratio was -1.00%.
HNORF's 10-Year Share Buyback Ratio is ranked worse than 54.43% of 610
companies
in the Retail - Cyclical industry
Industry Median: -0.6
vs HNORF: -1.00
Harvey Norman Holdings (OTCPK:HNORF) 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.
Harvey Norman Holdings 10-Year Share Buyback Ratio Related Terms
HNORF vs CASY, WSM, ULTA: 10-Year Share Buyback Ratio Comparison
For the Specialty Retail subindustry, Harvey Norman 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.
Harvey Norman Holdings 10-Year Share Buyback Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Harvey Norman Holdings's 10-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Harvey Norman Holdings's 10-Year Share Buyback Ratio falls into.
Harvey Norman 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 -1.00 mean?
Harvey Norman Holdings (HNORF) has a 10-Year Share Buyback Ratio of -1.00 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 Harvey Norman Holdings and its competitors. According to the industry distribution chart, Harvey Norman Holdings ranks #332 out of 610 companies in the Retail - Cyclical industry, placing it in the top 54.4%.
Is Harvey Norman Holdings' 10-Year Share Buyback Ratio too high?
Harvey Norman Holdings' current 10-Year Share Buyback Ratio is -1.00. Based on the distribution chart, Harvey Norman Holdings ranks #332 out of 610 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Harvey Norman Holdings has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Harvey Norman Holdings' 10-Year Share Buyback Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Harvey Norman Holdings ranks #332 out of 610 companies for 10-Year Share Buyback Ratio. This places Harvey Norman 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 Retail - Cyclical company?
A good 10-Year Share Buyback Ratio depends on the Retail - Cyclical 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 Harvey Norman Holdings and its competitors. Harvey Norman Holdings's current 10-Year Share Buyback Ratio is -1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harvey Norman Holdings stock overvalued right now?
Harvey Norman Holdings (HNORF) has a current 10-Year Share Buyback Ratio of -1.00. The stock's GF Value™ is $4.23, compared to a current price of $3.72 — trading 12.1% below its estimated fair value. The current 10-Year Share Buyback Ratio is -1.00. Harvey Norman Holdings' overall GF Score™ is 75/100 with 5 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 Harvey Norman Holdings (HNORF), the current 10-Year Share Buyback Ratio is -1.00 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 Harvey Norman Holdings (HNORF) Overvalued in 2026?
Based on GuruFocus' analysis, Harvey Norman Holdings stock appears to be undervalued.
The current stock price of $3.72 is trading 12.1% below its estimated GF Value™ of $4.23.
Key valuation signals for HNORF:
10-Year Share Buyback Ratio: -1.00
GF Value™: $4.23 vs. price of $3.72 (12.1% below fair value)
No single metric tells the full story. See the HNORF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harvey Norman Holdings Limited is the franchisor of Harvey Norman, a leading Australia-based retailer that sells goods from the electrical, computer, furniture, entertainment, and bedding sectors. The majority of earnings are generated in Australia, with the international divisions gradually growing in significance.
75GF Score
Get the complete analysis for HNORF
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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