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.
Net Holding ASIST:NTHOL -0.45%71 3-Year Share Buyback Ratio is 1.70 as of Mar. 2026, which is 467% above its 10-year median of 0.30. GuruFocus rates IST:NTHOL with a GF Score™ of 71/100 and a GF Value™ of ₺57.09 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 460 Travel & Leisure companies, Net Holding AS ranks better than 85.87% 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. Net Holding AS's current 3-Year Share Buyback Ratio was 1.70%.
The historical rank and industry rank for Net Holding AS's 3-Year Share Buyback Ratio or its related term are showing as below:
IST:NTHOL'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -61.7 Med: 0.3 Max: 29
Current: 1.7
During the past 13 years, Net Holding AS's highest 3-Year Share Buyback Ratio was 29.00%. The lowest was -61.70%. And the median was 0.30%.
IST:NTHOL's 3-Year Share Buyback Ratio is ranked better than 85.87% of 460
companies
in the Travel & Leisure industry
Industry Median: -0.85
vs IST:NTHOL: 1.70
Net Holding AS (IST:NTHOL) 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.
Net Holding AS 3-Year Share Buyback Ratio Related Terms
IST:NTHOL vs BKNG, ABNB, RCL: 3-Year Share Buyback Ratio Comparison
For the Travel Services subindustry, Net Holding AS'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.
Net Holding AS 3-Year Share Buyback Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Net Holding AS's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Net Holding AS's 3-Year Share Buyback Ratio falls into.
Net Holding AS 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 1.70 mean?
Net Holding AS (IST:NTHOL) has a 3-Year Share Buyback Ratio of 1.70 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 Net Holding AS and its competitors. This is 467% above median its historical median of 0.30. According to the industry distribution chart, Net Holding AS ranks #65 out of 460 companies in the Travel & Leisure industry, placing it in the top 14.1%.
Is Net Holding AS's 3-Year Share Buyback Ratio too high?
Net Holding AS's current 3-Year Share Buyback Ratio of 1.70 is 467% above median its 10-year median of 0.30. Based on the distribution chart, Net Holding AS ranks #65 out of 460 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Net Holding AS has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Net Holding AS's 3-Year Share Buyback Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Net Holding AS ranks #65 out of 460 companies for 3-Year Share Buyback Ratio. This places Net Holding AS in the top 14% 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 Net Holding AS and its competitors. Net Holding AS's current 3-Year Share Buyback Ratio is 1.70, which is 467% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Net Holding AS (IST:NTHOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺57.09, compared to a current price of ₺44.10 — trading 22.8% below its estimated fair value. The current 3-Year Share Buyback Ratio is 1.70, which is 467% above median its 10-year median of 0.30. Net Holding AS's overall GF Score™ is 71/100 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 Net Holding AS (IST:NTHOL), the current 3-Year Share Buyback Ratio is 1.70 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.
Is Net Holding AS (IST:NTHOL) Overvalued in 2026?
Based on GuruFocus' analysis, Net Holding AS stock appears to be undervalued.
The current stock price of ₺44.10 is trading 22.8% below its estimated GF Value™ of ₺57.09.
GuruFocus considers Net Holding AS to be Modestly Undervalued.
Key valuation signals for IST:NTHOL:
3-Year Share Buyback Ratio: 1.70 (467% above median its 10-year median of 0.30)
GF Value™: ₺57.09 vs. price of ₺44.10 (22.8% below fair value)
No single metric tells the full story. See the IST:NTHOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Net Holding AS is a Turkey-based holding company which mainly provides tourism services. It manages its business through five reportable segments, namely, tourism, finance, publication, holding and others. As a tourism company, its major revenues come from the tourism segment. The tourism segment comprises of hotel and accommodation, touristic shopping, managing duty-free shops and car rentals. Through the publishing segment, the company publishes books and runs bookstores. The Holding segment refers to the company's business of managing its net group of companies and the other segment provides construction and agriculture-related services. The company's geographical segments are TRNC(Turkish Republic of Northern Cyprus), Croatia, Montenegro, Bulgaria, and Turkey.
71GF Score
Get the complete analysis for IST:NTHOL
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
IST:NTHOL has been successfully added to your 
