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.
ENAV SpAMIL:ENAV +0.10%75 3-Year Share Buyback Ratio is 0.10 as of Jun. 2026. GuruFocus rates MIL:ENAV with a GF Score™ of 75/100 and a GF Value™ of €4.16 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 528 Transportation companies, ENAV SpA ranks better than 65.15% 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. ENAV SpA's current 3-Year Share Buyback Ratio was 0.10%.
The historical rank and industry rank for ENAV SpA's 3-Year Share Buyback Ratio or its related term are showing as below:
MIL:ENAV'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -0.1 Med: 0 Max: 0.1
Current: 0.1
During the past 13 years, ENAV SpA's highest 3-Year Share Buyback Ratio was 0.10%. The lowest was -0.10%. And the median was 0.00%.
MIL:ENAV's 3-Year Share Buyback Ratio is ranked better than 65.15% of 528
companies
in the Transportation industry
Industry Median: -0.5
vs MIL:ENAV: 0.10
ENAV SpA (MIL:ENAV) 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.
ENAV SpA 3-Year Share Buyback Ratio Related Terms
MIL:ENAV vs JOBY: 3-Year Share Buyback Ratio Comparison
For the Airports & Air Services subindustry, ENAV SpA'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.
ENAV SpA 3-Year Share Buyback Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, ENAV SpA's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where ENAV SpA'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 0.10 mean?
ENAV SpA (MIL:ENAV) has a 3-Year Share Buyback Ratio of 0.10 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 ENAV SpA and its competitors. According to the industry distribution chart, ENAV SpA ranks #184 out of 528 companies in the Transportation industry, placing it in the top 34.8%.
Is ENAV SpA's 3-Year Share Buyback Ratio too high?
ENAV SpA's current 3-Year Share Buyback Ratio is 0.10. Based on the distribution chart, ENAV SpA ranks #184 out of 528 companies in the Transportation industry, which is above the industry midpoint. Overall, ENAV SpA has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ENAV SpA's 3-Year Share Buyback Ratio compare to JOBY?
According to the Transportation industry distribution chart, ENAV SpA ranks #184 out of 528 companies for 3-Year Share Buyback Ratio. This puts ENAV SpA in the upper 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 Transportation company?
A good 3-Year Share Buyback Ratio depends on the Transportation 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 ENAV SpA and its competitors. ENAV SpA's current 3-Year Share Buyback Ratio is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENAV SpA stock overvalued right now?
Based on GuruFocus' analysis, ENAV SpA (MIL:ENAV) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.16, compared to a current price of €5.11 — trading 22.8% above its estimated fair value. The current 3-Year Share Buyback Ratio is 0.10. ENAV SpA's overall GF Score™ is 75/100 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 ENAV SpA (MIL:ENAV), the current 3-Year Share Buyback Ratio is 0.10 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 ENAV SpA (MIL:ENAV) Overvalued in 2026?
Based on GuruFocus' analysis, ENAV SpA stock appears to be overvalued.
The current stock price of €5.11 is trading 22.8% above its estimated GF Value™ of €4.16.
GuruFocus considers ENAV SpA to be Modestly Overvalued.
Key valuation signals for MIL:ENAV:
3-Year Share Buyback Ratio: 0.10
GF Value™: €4.16 vs. price of €5.11 (22.8% above fair value)
No single metric tells the full story. See the MIL:ENAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ENAV SpA is an Italy-based company engaged in providing air navigation and air traffic management services. The Group operates through three segments: Air Navigation Services, Maintenance Services, and AIM Software Solutions Services. The Air Navigation segment provides air traffic control and related services across Italian airspace and airports. The Maintenance segment focuses on the management and maintenance of air traffic control systems and infrastructure. The AIM Software Solutions segment develops software solutions for aeronautical information and air traffic management, along with related commercial and support services. It generates the majority of its revenue from the Flight assistance services segment.
75GF Score
Get the complete analysis for MIL:ENAV
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
MIL:ENAV has been successfully added to your 
