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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. Digi International's current 3-Year Share Buyback Ratio was -1.50%.
The historical rank and industry rank for Digi International's 3-Year Share Buyback Ratio or its related term are showing as below:
DGII'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -14.2 Med: -2.7 Max: 2
Current: -1.5
During the past 13 years, Digi International's highest 3-Year Share Buyback Ratio was 2.00%. The lowest was -14.20%. And the median was -2.70%.
DGII's 3-Year Share Buyback Ratio is ranked worse than 52.51% of 1615
companies
in the Hardware industry
Industry Median: -1.2
vs DGII: -1.50
Digi International (NAS:DGII) 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.
Digi International 3-Year Share Buyback Ratio Related Terms
DGII vs VISN, HLIT, EXTR: 3-Year Share Buyback Ratio Comparison
For the Communication Equipment subindustry, Digi International'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.
Digi International 3-Year Share Buyback Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Digi International's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Digi International's 3-Year Share Buyback Ratio falls into.
Digi International 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 -1.50 mean?
Digi International (DGII) has a 3-Year Share Buyback Ratio of -1.50 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 Digi International and its competitors. According to the industry distribution chart, Digi International ranks #848 out of 1615 companies in the Hardware industry, placing it in the top 52.5%.
Is Digi International's 3-Year Share Buyback Ratio too high?
Digi International's current 3-Year Share Buyback Ratio is -1.50. Based on the distribution chart, Digi International ranks #848 out of 1615 companies in the Hardware industry, which is below the industry midpoint. Overall, Digi International has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digi International's 3-Year Share Buyback Ratio compare to VISN and HLIT?
According to the Hardware industry distribution chart, Digi International ranks #848 out of 1615 companies for 3-Year Share Buyback Ratio. This places Digi International 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 a Hardware company?
A good 3-Year Share Buyback Ratio depends on the Hardware 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 Digi International and its competitors. Digi International's current 3-Year Share Buyback Ratio is -1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digi International stock overvalued right now?
Based on GuruFocus' analysis, Digi International (DGII) is currently considered Significantly Overvalued. The stock's GF Value™ is $35.53, compared to a current price of $72.75 — trading 104.8% above its estimated fair value. The current 3-Year Share Buyback Ratio is -1.50. Digi International's overall GF Score™ is 78/100 with 7 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 Digi International (DGII), the current 3-Year Share Buyback Ratio is -1.50 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 Digi International (DGII) Overvalued in 2026?
Based on GuruFocus' analysis, Digi International stock appears to be overvalued.
The current stock price of $72.75 is trading 104.8% above its estimated GF Value™ of $35.53.
GuruFocus considers Digi International to be Significantly Overvalued.
Key valuation signals for DGII:
3-Year Share Buyback Ratio: -1.50
GF Value™: $35.53 vs. price of $72.75 (104.8% above fair value)
No single metric tells the full story. See the DGII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Digi International Inc is a Minnesota corporation that provides business and mission-critical Internet of Things (IoT) connectivity products and services. It operates through two segments: IoT Products & Services, which supports OEMs, enterprise, and government customers in deploying secure IoT connectivity solutions, and IoT Solutions, consisting of SmartSense and its Managed Network-as-a-Service (MNaaS) business offering wireless temperature and condition-based monitoring, employee task management, label printing, and other services. The company generates the majority of its revenue from the IoT Products & Services segment and mainly from the United States, with a presence in Europe, the Middle East and Africa, and the Rest of the world.
78GF Score
Get the complete analysis for DGII
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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