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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. Nippon Denko Co's current 3-Year Share Buyback Ratio was 3.70%.
The historical rank and industry rank for Nippon Denko Co's 3-Year Share Buyback Ratio or its related term are showing as below:
FRA:NJ5'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -10 Med: 0 Max: 3.7
Current: 3.7
During the past 13 years, Nippon Denko Co's highest 3-Year Share Buyback Ratio was 3.70%. The lowest was -10.00%. And the median was 0.00%.
FRA:NJ5's 3-Year Share Buyback Ratio is ranked better than 94.95% of 277
companies
in the Steel industry
Industry Median: -0.7
vs FRA:NJ5: 3.70
Nippon Denko Co (FRA:NJ5) 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.
Nippon Denko Co 3-Year Share Buyback Ratio Related Terms
FRA:NJ5 vs NUE, STLD, RS: 3-Year Share Buyback Ratio Comparison
For the Steel subindustry, Nippon Denko Co'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.
Nippon Denko Co 3-Year Share Buyback Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Nippon Denko Co's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Nippon Denko Co's 3-Year Share Buyback Ratio falls into.
Nippon Denko Co 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 3.70 mean?
Nippon Denko Co (FRA:NJ5) has a 3-Year Share Buyback Ratio of 3.70 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 Nippon Denko Co and its competitors. According to the industry distribution chart, Nippon Denko Co ranks #14 out of 277 companies in the Steel industry, placing it in the top 5.1%.
Is Nippon Denko Co's 3-Year Share Buyback Ratio too high?
Nippon Denko Co's current 3-Year Share Buyback Ratio is 3.70. Based on the distribution chart, Nippon Denko Co ranks #14 out of 277 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Denko Co has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Denko Co's 3-Year Share Buyback Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Nippon Denko Co ranks #14 out of 277 companies for 3-Year Share Buyback Ratio. This places Nippon Denko Co in the top 5% 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 Steel company?
A good 3-Year Share Buyback Ratio depends on the Steel 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 Nippon Denko Co and its competitors. Nippon Denko Co's current 3-Year Share Buyback Ratio is 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Denko Co stock overvalued right now?
Nippon Denko Co (FRA:NJ5) has a current 3-Year Share Buyback Ratio of 3.70. The stock's GF Value™ is €1.75, compared to a current price of €2.38 — trading 36% above its estimated fair value. The current 3-Year Share Buyback Ratio is 3.70. Nippon Denko Co's overall GF Score™ is 70/100 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 Nippon Denko Co (FRA:NJ5), the current 3-Year Share Buyback Ratio is 3.70 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 Nippon Denko Co (FRA:NJ5) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Denko Co stock appears to be overvalued.
The current stock price of €2.38 is trading 36% above its estimated GF Value™ of €1.75.
Key valuation signals for FRA:NJ5:
3-Year Share Buyback Ratio: 3.70
GF Value™: €1.75 vs. price of €2.38 (36% above fair value)
No single metric tells the full story. See the FRA:NJ5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Denko Co Ltd is a Japanese manufacturer of ferroalloys and specialty materials. Its Ferroalloys segment produces ferrochrome, ferromanganese, ferrosilicon, and related alloys used by steelmakers for stainless and specialty steel production. The Functional Materials segment supplies products such as rare earth compounds, catalysts, and electronic materials. The Environment segment handles industrial waste recycling and soil remediation, serving power companies, agricultural cooperatives, local governments, and industrial waste generators. The company also operates electric power generation, primarily hydroelectric, and engages in other businesses including real estate and construction materials. Revenue comes mainly from domestic steel and industrial customers in Japan, with some export sales of ferroalloys and functional materials. Nippon Denko is listed on the Tokyo Stock Exchange.
70GF Score
Get the complete analysis for FRA:NJ5
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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