Cadiz (CDZI) 3-Year Share Buyback Ratio: -14.20% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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.

CDZI Cadiz Inc CDZI
62 GF Score
Price $3.00
GF Value $12.21
Valuation Possible Value Trap
! 3 Warning Signs
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What is Cadiz 3-Year Share Buyback Ratio?

Cadiz CDZI -4.78% 62 3-Year Share Buyback Ratio is -14.20 as of Mar. 2026. GuruFocus rates CDZI with a GF Score™ of 62/100 and a GF Value™ of $12.21 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 231 Utilities - Regulated companies, Cadiz ranks worse than 93.07% 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. Cadiz's current 3-Year Share Buyback Ratio was -14.20%.

The historical rank and industry rank for Cadiz's 3-Year Share Buyback Ratio or its related term are showing as below:

CDZI' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -98.2   Med: -9   Max: 0
Current: -14.2

During the past 13 years, Cadiz's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was -98.20%. And the median was -9.00%.

CDZI's 3-Year Share Buyback Ratio is ranked worse than
93.07% of 231 companies
in the Utilities - Regulated industry
Industry Median: -1.5 vs CDZI: -14.20

Cadiz (NAS:CDZI) 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.


Cadiz 3-Year Share Buyback Ratio Related Terms


CDZI vs PCYO, GWRS, ARTNA: 3-Year Share Buyback Ratio Comparison

For the Utilities - Regulated Water subindustry, Cadiz'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.


Cadiz 3-Year Share Buyback Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cadiz's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Cadiz's 3-Year Share Buyback Ratio falls into.


CDZI
62GF Score
Cadiz Inc CDZI
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cadiz 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 -14.20 mean?
Cadiz (CDZI) has a 3-Year Share Buyback Ratio of -14.20 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 Cadiz and its competitors. According to the industry distribution chart, Cadiz ranks #215 out of 231 companies in the Utilities - Regulated industry, placing it in the top 93.1%.
Is Cadiz's 3-Year Share Buyback Ratio too high?
Cadiz's current 3-Year Share Buyback Ratio is -14.20. Based on the distribution chart, Cadiz ranks #215 out of 231 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Cadiz has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cadiz's 3-Year Share Buyback Ratio compare to PCYO and GWRS?
According to the Utilities - Regulated industry distribution chart, Cadiz ranks #215 out of 231 companies for 3-Year Share Buyback Ratio. This places Cadiz 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 3-Year Share Buyback Ratio for an Utilities - Regulated company?
A good 3-Year Share Buyback Ratio depends on the Utilities - Regulated 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 Cadiz and its competitors. Cadiz's current 3-Year Share Buyback Ratio is -14.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cadiz stock overvalued right now?
Based on GuruFocus' analysis, Cadiz (CDZI) is currently considered Possible Value Trap. The stock's GF Value™ is $12.21, compared to a current price of $3.00 — trading 75.4% below its estimated fair value. The current 3-Year Share Buyback Ratio is -14.20. Cadiz's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Cadiz (CDZI), the current 3-Year Share Buyback Ratio is -14.20 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 Cadiz (CDZI) Overvalued in 2026?

Based on GuruFocus' analysis, Cadiz stock appears to be undervalued. The current stock price of $3.00 is trading 75.4% below its estimated GF Value™ of $12.21. GuruFocus considers Cadiz to be Possible Value Trap.

Key valuation signals for CDZI:

  • 3-Year Share Buyback Ratio: -14.20
  • GF Value™: $12.21 vs. price of $3.00 (75.4% below fair value)
  • GF Score™: 62/100 with 3 warning signs

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


Cadiz Business Description

Other Exchanges 0HS4:UK2ZC:Germany
Address 550 South Hope Street, Suite 2850, Los Angeles, CA, USA, 90071
Cadiz Inc is a water solutions provider, dedicated to delivering clean, reliable, and affordable water for people. It provides water solutions with a combination of land, water, pipeline, and water filtration assets located in Southern California between key water systems serving population centers in the Southwestern United States. The company operates in two reportable segments; Land and Water Resources segment, comprises all activities regarding its properties in the eastern Mojave Desert, pre-revenue development of the Mojave Groundwater Bank (supply, storage, and conveyance), and agricultural operations; and the Water Filtration Technology segment, generating maximum revenue engaged in providing water filtration solutions for impaired or contaminated groundwater sources.
62GF Score

Get the complete analysis for CDZI

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

$3.00
Price
$12.21
GF Value