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.
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.
Legacy Iron OreASX:LCY +11.11% 3-Year Share Buyback Ratio is -13.70 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 2,148 Metals & Mining companies, Legacy Iron Ore ranks better than 57.54% on this metric.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three 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. Legacy Iron Ore's current 3-Year Share Buyback Ratio was -13.70%.
The historical rank and industry rank for Legacy Iron Ore's 3-Year Share Buyback Ratio or its related term are showing as below:
ASX:LCY'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -79.6 Med: -31.45 Max: 0
Current: -13.7
During the past 13 years, Legacy Iron Ore's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was -79.60%. And the median was -31.45%.
ASX:LCY's 3-Year Share Buyback Ratio is ranked better than 57.54% of 2148
companies
in the Metals & Mining industry
Industry Median: -17.5
vs ASX:LCY: -13.70
Legacy Iron Ore (ASX:LCY) 3-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.
Legacy Iron Ore 3-Year Share Buyback Ratio Related Terms
Legacy Iron Ore 3-Year Share Buyback Ratio Competitor Comparison
For the Gold subindustry, Legacy Iron Ore's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-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.
Legacy Iron Ore 3-Year Share Buyback Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Legacy Iron Ore's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Legacy Iron Ore's 3-Year Share Buyback Ratio falls into.
Legacy Iron Ore 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four 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 3-Year Share Buyback Ratio of -13.70 mean?
Legacy Iron Ore (ASX:LCY) has a 3-Year Share Buyback Ratio of -13.70 as of Mar. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Legacy Iron Ore and its competitors. According to the industry distribution chart, Legacy Iron Ore ranks #912 out of 2148 companies in the Metals & Mining industry, placing it in the top 42.5%.
Is Legacy Iron Ore's 3-Year Share Buyback Ratio too high?
Legacy Iron Ore's current 3-Year Share Buyback Ratio is -13.70. Based on the distribution chart, Legacy Iron Ore ranks #912 out of 2148 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Legacy Iron Ore's 3-Year Share Buyback Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Legacy Iron Ore ranks #912 out of 2148 companies for 3-Year Share Buyback Ratio. This puts Legacy Iron Ore in the upper 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 3-Year Share Buyback Ratio for a Metals & Mining company?
A good 3-Year Share Buyback Ratio depends on the Metals & Mining industry context. However, 3-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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Legacy Iron Ore and its competitors. Legacy Iron Ore's current 3-Year Share Buyback Ratio is -13.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Iron Ore stock overvalued right now?
Legacy Iron Ore (ASX:LCY) has a current 3-Year Share Buyback Ratio of -13.70. The current 3-Year Share Buyback Ratio is -13.70. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Legacy Iron Ore (ASX:LCY), the current 3-Year Share Buyback Ratio is -13.70 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.
Legacy Iron Ore Ltd is an active exploration and gold mining company with a diverse portfolio of prospective assets. The company owns a gold mine at Mount Celia and is advancing the development of additional gold, iron, and base metal assets in Western Australia through systematic exploration and mine development programs. Its portfolio comprises three key projects, namely Mt Bevan, South Laverton, and East Kimberley. The company has three reportable segments: Iron ore exploration and development in Australia; (ii) Gold exploration and development in Australia, and (iii) Base metals and other critical minerals (OCM) exploration and development in Australia. The majority of revenue is derived from the Gold segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:LCY has been successfully added to your 
