NURAF (Nomura Research Institute) 3-Month Share Buyback Ratio: 2.56% (As of Jun. 2026 )

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NURAF Nomura Research Institute Ltd NURAF
92 GF Score
Price $29.30
GF Value $32.53
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nomura Research Institute 3-Month Share Buyback Ratio?

Nomura Research Institute NURAF 92 3-Month Share Buyback Ratio is 2.56 as of Jun. 2026. GuruFocus rates NURAF with a GF Score™ of 92/100 and a GF Value™ of $32.53 (Modestly Undervalued). The stock has 3 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. Nomura Research Institute's current 3-Month Share Buyback Ratio was 2.56%.


Nomura Research Institute  (OTCPK:NURAF) 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.


Nomura Research Institute 3-Month Share Buyback Ratio Related Terms


NURAF vs IBM, ACN, FISV: 3-Month Share Buyback Ratio Comparison

For the Information Technology Services subindustry, Nomura Research Institute'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.


Nomura Research Institute 3-Month Share Buyback Ratio vs Software Industry

For the Software industry and Technology sector, Nomura Research Institute's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Nomura Research Institute's 3-Month Share Buyback Ratio falls into.


NURAF
92GF Score
Nomura Research Institute Ltd NURAF
3-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomura Research Institute 3-Month Share Buyback Ratio Calculation

Nomura Research Institute's 3-Month Share Buyback Ratio for the quarter that ended in Jun. 2026 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Mar. 2026 ) - Shares Outstanding (EOP) (Jun. 2026 )) / Shares Outstanding (EOP) (Mar. 2026 )
=(574.405 - 559.697) / 574.405
=2.56%

* 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 2.56 mean?
Nomura Research Institute (NURAF) has a 3-Month Share Buyback Ratio of 2.56 as of Jun. 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 Nomura Research Institute and its competitors.
Is Nomura Research Institute's 3-Month Share Buyback Ratio too high?
Nomura Research Institute's current 3-Month Share Buyback Ratio is 2.56. Overall, Nomura Research Institute has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Research Institute's 3-Month Share Buyback Ratio compare to IBM and ACN?
Nomura Research Institute's 3-Month Share Buyback Ratio of 2.56 can be compared against companies in the Software 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 Software company?
A good 3-Month Share Buyback Ratio depends on the Software 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 Nomura Research Institute and its competitors. Nomura Research Institute's current 3-Month Share Buyback Ratio is 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Research Institute stock overvalued right now?
Based on GuruFocus' analysis, Nomura Research Institute (NURAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $32.53, compared to a current price of $29.30 — trading 9.9% below its estimated fair value. The current 3-Month Share Buyback Ratio is 2.56. Nomura Research Institute's overall GF Score™ is 92/100 with 3 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 Nomura Research Institute (NURAF), the current 3-Month Share Buyback Ratio is 2.56 as of Jun. 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 Nomura Research Institute (NURAF) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Research Institute stock appears to be undervalued. The current stock price of $29.30 is trading 9.9% below its estimated GF Value™ of $32.53. GuruFocus considers Nomura Research Institute to be Modestly Undervalued.

Key valuation signals for NURAF:

  • 3-Month Share Buyback Ratio: 2.56
  • GF Value™: $32.53 vs. price of $29.30 (9.9% below fair value)
  • GF Score™: 92/100 with 3 warning signs

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


Nomura Research Institute Business Description

Address 1-9-2 Otemachi, Otemachi Financial City Grand Cube, Chiyoda-ku, Tokyo, JPN, 100-0004
Nomura Research Institute was formed in 1988 through the merger of the original Nomura Research Institute and Nomura Computer Systems. Its core financial IT solutions segment acts as a de facto utility for Japan's capital markets, running shared back-office platforms for major brokerages and banks. The industrial IT solutions segment builds supply chain and enterprise resource planning systems for retailers and manufacturers. These are supported by IT platform services and a consulting business that originates digital transformation projects. The company reported fiscal 2025 revenue of JPY 814.7 billion. Nomura Holdings, the parent of Nomura Securities, remains NRI's largest shareholder with a 20% stake.
92GF Score

Get the complete analysis for NURAF

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

$29.30
Price
$32.53
GF Value