Mie Co (NGO:3442) 3-Month Share Buyback Ratio: -0.17% (As of Mar. 2026 )

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NGO:3442 Mie Corp Co Ltd NGO:3442
60 GF Score
Price 円1,820.00
GF Value 円1,437.94
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Mie Co 3-Month Share Buyback Ratio?

Mie Co NGO:3442 +0.55% 60 3-Month Share Buyback Ratio is -0.17 as of Mar. 2026. GuruFocus rates NGO:3442 with a GF Score™ of 60/100 and a GF Value™ of 円1,437.94 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Mie Co's current 3-Month Share Buyback Ratio was -0.17%.

Mie Co  (NGO:3442) 3-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

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.

Mie Co 3-Month Share Buyback Ratio Related Terms

NGO:3442 vs NUE, STLD, RS: 3-Month Share Buyback Ratio Comparison

For the Steel subindustry, Mie Co's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month 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.

Mie Co 3-Month Share Buyback Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Mie Co's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Mie Co's 3-Month Share Buyback Ratio falls into.


NGO:3442
60GF Score
Mie Corp Co Ltd NGO:3442
3-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mie Co 3-Month Share Buyback Ratio Calculation

Mie Co's 3-Month Share Buyback Ratio for the quarter that ended in Mar. 2026 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Dec. 2025 ) - Shares Outstanding (EOP) (Mar. 2026 )) / Shares Outstanding (EOP) (Dec. 2025 )
=(1.203 - 1.205) / 1.203
=-0.17%

* 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.

What does a 3-Month Share Buyback Ratio of -0.17 mean?
Mie Co (NGO:3442) has a 3-Month Share Buyback Ratio of -0.17 as of Mar. 2026. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Mie Co and its competitors.
Is Mie Co's 3-Month Share Buyback Ratio too high?
Mie Co's current 3-Month Share Buyback Ratio is -0.17. Overall, Mie Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mie Co's 3-Month Share Buyback Ratio compare to NUE and STLD?
Mie Co's 3-Month Share Buyback Ratio of -0.17 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Month Share Buyback Ratio for a Steel company?
A good 3-Month Share Buyback Ratio depends on the Steel industry context. However, 3-Month 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 3-Month Share Buyback Ratio mean?
A high 3-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Mie Co and its competitors. Mie Co's current 3-Month Share Buyback Ratio is -0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Co stock overvalued right now?
Based on GuruFocus' analysis, Mie Co (NGO:3442) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,437.94, compared to a current price of 円1,820.00 — trading 26.6% above its estimated fair value. The current 3-Month Share Buyback Ratio is -0.17. Mie Co's overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Month Share Buyback Ratio calculated?
3-Month Share Buyback Ratio is calculated from a company's financial statements. For Mie Co (NGO:3442), the current 3-Month Share Buyback Ratio is -0.17 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 Mie Co (NGO:3442) Overvalued in 2026?

Based on GuruFocus' analysis, Mie Co stock appears to be overvalued. The current stock price of 円1,820.00 is trading 26.6% above its estimated GF Value™ of 円1,437.94. GuruFocus considers Mie Co to be Modestly Overvalued.

Key valuation signals for NGO:3442:

  • 3-Month Share Buyback Ratio: -0.17
  • GF Value™: 円1,437.94 vs. price of 円1,820.00 (26.6% above fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the NGO:3442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mie Co Business Description

Address 1001 Oaza Hoshikawa, Mie-ken, Kuwana, JPN, 511-0912
Mie Corp Co Ltd is a Japanese holding company. The company, through its subsidiaries, is engaged in the manufacturing of stainless steel fittings and flanges and the prefabricated piping processing of piping equipment. The products of the company include butt weld type fitting, housing type pipe fitting, and stainless steel pipe flange.
60GF Score

Get the complete analysis for NGO:3442

3-Month Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,820.00
Price
円1,437.94
GF Value