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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. Voyager Therapeutics's current 3-Year Share Buyback Ratio was -15.20%.
The historical rank and industry rank for Voyager Therapeutics's 3-Year Share Buyback Ratio or its related term are showing as below:
FRA:VT6'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -15.2 Med: -7.1 Max: -1.6
Current: -15.2
During the past 13 years, Voyager Therapeutics's highest 3-Year Share Buyback Ratio was -1.60%. The lowest was -15.20%. And the median was -7.10%.
FRA:VT6's 3-Year Share Buyback Ratio is ranked worse than 56.87% of 1187
companies
in the Biotechnology industry
Industry Median: -11.8
vs FRA:VT6: -15.20
Voyager Therapeutics (FRA:VT6) 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.
Voyager Therapeutics 3-Year Share Buyback Ratio Related Terms
FRA:VT6 vs NERV, DTIL, GLSI: 3-Year Share Buyback Ratio Comparison
For the Biotechnology subindustry, Voyager Therapeutics'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.
Voyager Therapeutics 3-Year Share Buyback Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Voyager Therapeutics's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Voyager Therapeutics's 3-Year Share Buyback Ratio falls into.
Voyager Therapeutics 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 -15.20 mean?
Voyager Therapeutics (FRA:VT6) has a 3-Year Share Buyback Ratio of -15.20 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 Voyager Therapeutics and its competitors. According to the industry distribution chart, Voyager Therapeutics ranks #675 out of 1187 companies in the Biotechnology industry, placing it in the top 56.9%.
Is Voyager Therapeutics' 3-Year Share Buyback Ratio too high?
Voyager Therapeutics' current 3-Year Share Buyback Ratio is -15.20. Based on the distribution chart, Voyager Therapeutics ranks #675 out of 1187 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Voyager Therapeutics has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Voyager Therapeutics' 3-Year Share Buyback Ratio compare to NERV and DTIL?
According to the Biotechnology industry distribution chart, Voyager Therapeutics ranks #675 out of 1187 companies for 3-Year Share Buyback Ratio. This places Voyager Therapeutics 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 a Biotechnology company?
A good 3-Year Share Buyback Ratio depends on the Biotechnology 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 Voyager Therapeutics and its competitors. Voyager Therapeutics's current 3-Year Share Buyback Ratio is -15.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyager Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Voyager Therapeutics (FRA:VT6) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.59, compared to a current price of €2.62 — trading 64.5% above its estimated fair value. The current 3-Year Share Buyback Ratio is -15.20. Voyager Therapeutics' overall GF Score™ is 61/100 with 5 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 Voyager Therapeutics (FRA:VT6), the current 3-Year Share Buyback Ratio is -15.20 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 Voyager Therapeutics (FRA:VT6) Overvalued in 2026?
Based on GuruFocus' analysis, Voyager Therapeutics stock appears to be overvalued.
The current stock price of €2.62 is trading 64.5% above its estimated GF Value™ of €1.59.
GuruFocus considers Voyager Therapeutics to be Significantly Overvalued.
Key valuation signals for FRA:VT6:
3-Year Share Buyback Ratio: -15.20
GF Value™: €1.59 vs. price of €2.62 (64.5% above fair value)
No single metric tells the full story. See the FRA:VT6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Voyager Therapeutics Inc is a biotechnology company to leverage the power of human genetics to modify the course of and ultimately cure neurological diseases. Its pipeline includes programs for Alzheimer's disease, or AD; Friedreich's ataxia, or FA; Parkinson's disease, or PD; and multiple other diseases of the central nervous system, or CNS. Many of its programs are derived from its TRACER (Tropism Redirection of AAV by Cell-type-specific Expression of RNA) adeno-associated virus, or AAV, capsid discovery platform, which the company has used to generate novel capsids, or TRACER Capsids, and identify associated receptors to potentially enable high brain penetration with genetic medicines following intravenous, or IV, dosing. Its segment is developing and commercializing genetic medicine.
61GF Score
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