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.
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.
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. Heritage Global's current 3-Year Share Buyback Ratio was 2.00%.
The historical rank and industry rank for Heritage Global's 3-Year Share Buyback Ratio or its related term are showing as below:
FRA:LGC'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -139.2 Med: -6.3 Max: 2
Current: 2
During the past 13 years, Heritage Global's highest 3-Year Share Buyback Ratio was 2.00%. The lowest was -139.20%. And the median was -6.30%.
FRA:LGC's 3-Year Share Buyback Ratio is ranked better than 92.84% of 433
companies
in the Capital Markets industry
Industry Median: -2.9
vs FRA:LGC: 2.00
Heritage Global (FRA:LGC) 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.
Heritage Global 3-Year Share Buyback Ratio Related Terms
FRA:LGC vs GSIW, MATH, VIP: 3-Year Share Buyback Ratio Comparison
For the Capital Markets subindustry, Heritage Global'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.
Heritage Global 3-Year Share Buyback Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Heritage Global's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Heritage Global's 3-Year Share Buyback Ratio falls into.
Heritage Global 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 2.00 mean?
Heritage Global (FRA:LGC) has a 3-Year Share Buyback Ratio of 2.00 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 Heritage Global and its competitors. According to the industry distribution chart, Heritage Global ranks #31 out of 433 companies in the Capital Markets industry, placing it in the top 7.2%.
Is Heritage Global's 3-Year Share Buyback Ratio too high?
Heritage Global's current 3-Year Share Buyback Ratio is 2.00. Based on the distribution chart, Heritage Global ranks #31 out of 433 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Heritage Global has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heritage Global's 3-Year Share Buyback Ratio compare to GSIW and MATH?
According to the Capital Markets industry distribution chart, Heritage Global ranks #31 out of 433 companies for 3-Year Share Buyback Ratio. This places Heritage Global in the top 7% 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 Capital Markets company?
A good 3-Year Share Buyback Ratio depends on the Capital Markets 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 Heritage Global and its competitors. Heritage Global's current 3-Year Share Buyback Ratio is 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heritage Global stock overvalued right now?
Based on GuruFocus' analysis, Heritage Global (FRA:LGC) is currently considered Possible Value Trap. The stock's GF Value™ is €1.88, compared to a current price of €1.04 — trading 44.7% below its estimated fair value. The current 3-Year Share Buyback Ratio is 2.00. Heritage Global's overall GF Score™ is 77/100 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 Heritage Global (FRA:LGC), the current 3-Year Share Buyback Ratio is 2.00 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 Heritage Global (FRA:LGC) Overvalued in 2026?
Based on GuruFocus' analysis, Heritage Global stock appears to be undervalued.
The current stock price of €1.04 is trading 44.7% below its estimated GF Value™ of €1.88.
GuruFocus considers Heritage Global to be Possible Value Trap.
Key valuation signals for FRA:LGC:
3-Year Share Buyback Ratio: 2.00
GF Value™: €1.88 vs. price of €1.04 (44.7% below fair value)
No single metric tells the full story. See the FRA:LGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It operates in four segments. The Auction and Liquidation segment, which operates as a full-service auction, appraisal, and asset advisory firm, includes the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment. The Refurbishment & Resale segment acquires, refurbishes, and supplies specialized laboratory equipment. Brokerage segment, through NLEX, brokers charged-off receivables in the U.S. and Canada on behalf of financial institutions. The Specialty Lending segment, which provides specialty financing solutions to investors in charged-off and nonperforming asset portfolios.
77GF Score
Get the complete analysis for FRA:LGC
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:LGC has been successfully added to your 
