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FuelCell EnergyFCEL +6.43%58 3-Year Share Buyback Ratio is -50.50 as of Apr. 2026. GuruFocus rates FCEL with a GF Score™ of 58/100 and a GF Value™ of $6.84 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,851 Industrial Products companies, FuelCell Energy ranks worse than 97.03% 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. FuelCell Energy's current 3-Year Share Buyback Ratio was -50.50%.
The historical rank and industry rank for FuelCell Energy's 3-Year Share Buyback Ratio or its related term are showing as below:
FCEL'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -303.8 Med: -17.6 Max: 0
Current: -50.5
During the past 13 years, FuelCell Energy's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was -303.80%. And the median was -17.60%.
FCEL's 3-Year Share Buyback Ratio is ranked worse than 97.03% of 1851
companies
in the Industrial Products industry
Industry Median: -1.1
vs FCEL: -50.50
FuelCell Energy (NAS:FCEL) 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.
FuelCell Energy 3-Year Share Buyback Ratio Related Terms
FCEL vs PLPC, ENR, TE: 3-Year Share Buyback Ratio Comparison
For the Electrical Equipment & Parts subindustry, FuelCell Energy'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.
FuelCell Energy 3-Year Share Buyback Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, FuelCell Energy's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where FuelCell Energy's 3-Year Share Buyback Ratio falls into.
FuelCell Energy 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 -50.50 mean?
FuelCell Energy (FCEL) has a 3-Year Share Buyback Ratio of -50.50 as of Apr. 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 FuelCell Energy and its competitors. According to the industry distribution chart, FuelCell Energy ranks #1796 out of 1851 companies in the Industrial Products industry, placing it in the top 97%.
Is FuelCell Energy's 3-Year Share Buyback Ratio too high?
FuelCell Energy's current 3-Year Share Buyback Ratio is -50.50. Based on the distribution chart, FuelCell Energy ranks #1796 out of 1851 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, FuelCell Energy has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FuelCell Energy's 3-Year Share Buyback Ratio compare to PLPC and ENR?
According to the Industrial Products industry distribution chart, FuelCell Energy ranks #1796 out of 1851 companies for 3-Year Share Buyback Ratio. This places FuelCell Energy 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 Industrial Products company?
A good 3-Year Share Buyback Ratio depends on the Industrial Products 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 FuelCell Energy and its competitors. FuelCell Energy's current 3-Year Share Buyback Ratio is -50.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FuelCell Energy stock overvalued right now?
Based on GuruFocus' analysis, FuelCell Energy (FCEL) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.84, compared to a current price of $19.54 — trading 185.7% above its estimated fair value. The current 3-Year Share Buyback Ratio is -50.50. FuelCell Energy's overall GF Score™ is 58/100 with 6 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 FuelCell Energy (FCEL), the current 3-Year Share Buyback Ratio is -50.50 as of Apr. 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 FuelCell Energy (FCEL) Overvalued in 2026?
Based on GuruFocus' analysis, FuelCell Energy stock appears to be overvalued.
The current stock price of $19.54 is trading 185.7% above its estimated GF Value™ of $6.84.
GuruFocus considers FuelCell Energy to be Significantly Overvalued.
Key valuation signals for FCEL:
3-Year Share Buyback Ratio: -50.50
GF Value™: $6.84 vs. price of $19.54 (185.7% above fair value)
No single metric tells the full story. See the FCEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FuelCell Energy Inc is a clean energy technology company engaged in the development, design, production, and servicing of high temperature fuel cells for clean electric power generation. The Company provides proprietary molten carbonate fuel cell systems that generate electricity electrochemically with ultra low emissions and high efficiency, and operates as a solutions provider managing the design, manufacturing, installation, and maintenance of its systems under long term power purchase, service, and engineering procurement agreements. The Company serves utilities, data centers, and commercial and industrial customers, and operates in the United States, South Korea, Europe, and Canada, with maximum revenue generated from the United States.
58GF Score
Get the complete analysis for FCEL
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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