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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. Codere Online Luxembourg's current 3-Year Share Buyback Ratio was -0.10%.
The historical rank and industry rank for Codere Online Luxembourg's 3-Year Share Buyback Ratio or its related term are showing as below:
CDRO'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -0.3 Med: -0.1 Max: 0
Current: -0.1
During the past 8 years, Codere Online Luxembourg's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was -0.30%. And the median was -0.10%.
CDRO's 3-Year Share Buyback Ratio is ranked better than 67.04% of 452
companies
in the Travel & Leisure industry
Industry Median: -0.7
vs CDRO: -0.10
Codere Online Luxembourg (NAS:CDRO) 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.
Codere Online Luxembourg 3-Year Share Buyback Ratio Related Terms
CDRO vs MRDN, INSE, GRSD: 3-Year Share Buyback Ratio Comparison
For the Gambling subindustry, Codere Online Luxembourg'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.
Codere Online Luxembourg 3-Year Share Buyback Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Codere Online Luxembourg's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Codere Online Luxembourg's 3-Year Share Buyback Ratio falls into.
Codere Online Luxembourg 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 -0.10 mean?
Codere Online Luxembourg (CDRO) has a 3-Year Share Buyback Ratio of -0.10 as of Dec. 2025. 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 Codere Online Luxembourg and its competitors. According to the industry distribution chart, Codere Online Luxembourg ranks #149 out of 452 companies in the Travel & Leisure industry, placing it in the top 33%.
Is Codere Online Luxembourg's 3-Year Share Buyback Ratio too high?
Codere Online Luxembourg's current 3-Year Share Buyback Ratio is -0.10. Based on the distribution chart, Codere Online Luxembourg ranks #149 out of 452 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Codere Online Luxembourg has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Codere Online Luxembourg's 3-Year Share Buyback Ratio compare to MRDN and INSE?
According to the Travel & Leisure industry distribution chart, Codere Online Luxembourg ranks #149 out of 452 companies for 3-Year Share Buyback Ratio. This puts Codere Online Luxembourg 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 Travel & Leisure company?
A good 3-Year Share Buyback Ratio depends on the Travel & Leisure 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 Codere Online Luxembourg and its competitors. Codere Online Luxembourg's current 3-Year Share Buyback Ratio is -0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Codere Online Luxembourg stock overvalued right now?
Based on GuruFocus' analysis, Codere Online Luxembourg (CDRO) is currently considered Fairly Valued. The stock's GF Value™ is $9.53, compared to a current price of $9.11 — trading 4.4% below its estimated fair value. The current 3-Year Share Buyback Ratio is -0.10. Codere Online Luxembourg's overall GF Score™ is 77/100 with 2 warning signs to review. 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 Codere Online Luxembourg (CDRO), the current 3-Year Share Buyback Ratio is -0.10 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 Codere Online Luxembourg (CDRO) Overvalued in 2026?
Based on GuruFocus' analysis, Codere Online Luxembourg stock appears to be undervalued.
The current stock price of $9.11 is trading 4.4% below its estimated GF Value™ of $9.53.
GuruFocus considers Codere Online Luxembourg to be Fairly Valued.
Key valuation signals for CDRO:
3-Year Share Buyback Ratio: -0.10
GF Value™: $9.53 vs. price of $9.11 (4.4% below fair value)
No single metric tells the full story. See the CDRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Mexico, Colombia, and Other countries, where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. The company derives maximum revenue from Mexico.
77GF Score
Get the complete analysis for CDRO
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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