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NOVONIXFRA:GC3 39 3-Year Share Buyback Ratio is -20.00 as of Mar. 2026. GuruFocus rates FRA:GC3 with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 1,845 Industrial Products companies, NOVONIX ranks worse than 93.01% 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. NOVONIX's current 3-Year Share Buyback Ratio was -20.00%.
The historical rank and industry rank for NOVONIX's 3-Year Share Buyback Ratio or its related term are showing as below:
FRA:GC3'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -91.4 Med: -27.9 Max: -12
Current: -20
During the past 11 years, NOVONIX's highest 3-Year Share Buyback Ratio was -12.00%. The lowest was -91.40%. And the median was -27.90%.
FRA:GC3's 3-Year Share Buyback Ratio is ranked worse than 93.01% of 1845
companies
in the Industrial Products industry
Industry Median: -1.1
vs FRA:GC3: -20.00
NOVONIX (FRA:GC3) 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.
NOVONIX 3-Year Share Buyback Ratio Related Terms
FRA:GC3 vs VRT, BE: 3-Year Share Buyback Ratio Comparison
For the Electrical Equipment & Parts subindustry, NOVONIX'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.
NOVONIX 3-Year Share Buyback Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NOVONIX's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where NOVONIX's 3-Year Share Buyback Ratio falls into.
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 -20.00 mean?
NOVONIX (FRA:GC3) has a 3-Year Share Buyback Ratio of -20.00 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 NOVONIX and its competitors. According to the industry distribution chart, NOVONIX ranks #1716 out of 1845 companies in the Industrial Products industry, placing it in the top 93%.
Is NOVONIX's 3-Year Share Buyback Ratio too high?
NOVONIX's current 3-Year Share Buyback Ratio is -20.00. Based on the distribution chart, NOVONIX ranks #1716 out of 1845 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NOVONIX has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does NOVONIX's 3-Year Share Buyback Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, NOVONIX ranks #1716 out of 1845 companies for 3-Year Share Buyback Ratio. This places NOVONIX 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 NOVONIX and its competitors. NOVONIX's current 3-Year Share Buyback Ratio is -20.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOVONIX stock overvalued right now?
NOVONIX (FRA:GC3) has a current 3-Year Share Buyback Ratio of -20.00. The current 3-Year Share Buyback Ratio is -20.00. NOVONIX's overall GF Score™ is 39/100 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 NOVONIX (FRA:GC3), the current 3-Year Share Buyback Ratio is -20.00 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.
NOVONIX Ltd is a battery technology company developing and scaling materials and equipment critical to the lithium-ion battery supply chain. The company has three operating segments: Battery Materials: It develops and manufactures battery anode materials, ii) Battery Technology: It develops and manufactures battery cell testing equipment, performs consulting services and carries out research and development in battery development, and Graphite Exploration: It manages the maintenance and future development of Mount Dromedary natural graphite deposit. The majority of the company's revenue is derived from the Battery Technology segment. Geographically, the maximum revenue is derived from North America, followed by Asia, and Europe.
39GF Score
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