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Churchill DownsFRA:CHR +2.74%82 3-Year Share Buyback Ratio is 2.40 as of Jun. 2026, which is 1500% above its 10-year median of 0.15. GuruFocus rates FRA:CHR with a GF Score™ of 82/100 and a GF Value™ of €123.01. The stock has 4 warning signs investors should review. Among 459 Travel & Leisure companies, Churchill Downs ranks better than 88.89% 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. Churchill Downs's current 3-Year Share Buyback Ratio was 2.40%.
The historical rank and industry rank for Churchill Downs's 3-Year Share Buyback Ratio or its related term are showing as below:
FRA:CHR'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -21.2 Med: 0.15 Max: 7.1
Current: 2.4
During the past 13 years, Churchill Downs's highest 3-Year Share Buyback Ratio was 7.10%. The lowest was -21.20%. And the median was 0.15%.
FRA:CHR's 3-Year Share Buyback Ratio is ranked better than 88.89% of 459
companies
in the Travel & Leisure industry
Industry Median: -0.8
vs FRA:CHR: 2.40
Churchill Downs (FRA:CHR) 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.
Churchill Downs 3-Year Share Buyback Ratio Related Terms
FRA:CHR vs LNWO, SGHC, RSI: 3-Year Share Buyback Ratio Comparison
For the Gambling subindustry, Churchill Downs'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.
Churchill Downs 3-Year Share Buyback Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Churchill Downs's 3-Year Share Buyback Ratio falls into.
Churchill Downs 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 2.40 mean?
Churchill Downs (FRA:CHR) has a 3-Year Share Buyback Ratio of 2.40 as of Jun. 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 Churchill Downs and its competitors. This is 1500% above median its historical median of 0.15. According to the industry distribution chart, Churchill Downs ranks #51 out of 459 companies in the Travel & Leisure industry, placing it in the top 11.1%.
Is Churchill Downs' 3-Year Share Buyback Ratio too high?
Churchill Downs' current 3-Year Share Buyback Ratio of 2.40 is 1500% above median its 10-year median of 0.15. Based on the distribution chart, Churchill Downs ranks #51 out of 459 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Churchill Downs has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Churchill Downs' 3-Year Share Buyback Ratio compare to LNWO and SGHC?
According to the Travel & Leisure industry distribution chart, Churchill Downs ranks #51 out of 459 companies for 3-Year Share Buyback Ratio. This places Churchill Downs in the top 11% of its industry — outperforming the majority of peers. 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 Churchill Downs and its competitors. Churchill Downs's current 3-Year Share Buyback Ratio is 2.40, which is 1500% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Churchill Downs stock overvalued right now?
Churchill Downs (FRA:CHR) has a current 3-Year Share Buyback Ratio of 2.40. The stock's GF Value™ is €123.01, compared to a current price of €75.00 — trading 39% below its estimated fair value. The current 3-Year Share Buyback Ratio is 2.40, which is 1500% above median its 10-year median of 0.15. Churchill Downs' overall GF Score™ is 82/100 with 4 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 Churchill Downs (FRA:CHR), the current 3-Year Share Buyback Ratio is 2.40 as of Jun. 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 Churchill Downs (FRA:CHR) Overvalued in 2026?
Based on GuruFocus' analysis, Churchill Downs stock appears to be undervalued.
The current stock price of €75.00 is trading 39% below its estimated GF Value™ of €123.01.
Key valuation signals for FRA:CHR:
3-Year Share Buyback Ratio: 2.40 (1500% above median its 10-year median of 0.15)
GF Value™: €123.01 vs. price of €75.00 (39% below fair value)
No single metric tells the full story. See the FRA:CHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.
82GF Score
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