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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. NICO Holdings's current 3-Year Share Buyback Ratio was 0.00%.
The historical rank and industry rank for NICO Holdings's 3-Year Share Buyback Ratio or its related term are showing as below:
During the past 5 years, NICO Holdings's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was 0.00%. And the median was 0.00%.
MSW:NICO's 3-Year Share Buyback Ratio is not ranked *
in the Insurance industry.
Industry Median: -0.1 * Ranked among companies with meaningful 3-Year Share Buyback Ratio only.
NICO Holdings (MSW:NICO) 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.
NICO Holdings 3-Year Share Buyback Ratio Related Terms
MSW:NICO vs BRK.A, AIG, HIG: 3-Year Share Buyback Ratio Comparison
For the Insurance - Diversified subindustry, NICO Holdings'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.
NICO Holdings 3-Year Share Buyback Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, NICO Holdings's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where NICO Holdings's 3-Year Share Buyback Ratio falls into.
NICO Holdings 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 0.00 mean?
NICO Holdings (MSW:NICO) has a 3-Year Share Buyback Ratio of 0.00 as of Dec. 2025. 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 NICO Holdings and its competitors. According to the industry distribution chart, NICO Holdings ranks #999999 out of 280 companies in the Insurance industry.
Is NICO Holdings' 3-Year Share Buyback Ratio too high?
NICO Holdings' current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, NICO Holdings ranks #999999 out of 280 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, NICO Holdings has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NICO Holdings' 3-Year Share Buyback Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, NICO Holdings ranks #999999 out of 280 companies for 3-Year Share Buyback Ratio. This places NICO Holdings 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 an Insurance company?
A good 3-Year Share Buyback Ratio depends on the Insurance 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 NICO Holdings and its competitors. NICO Holdings's current 3-Year Share Buyback Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NICO Holdings stock overvalued right now?
Based on GuruFocus' analysis, NICO Holdings (MSW:NICO) is currently considered Fairly Valued. The stock's GF Value™ is MWK1,276.30, compared to a current price of MWK1,344.87 — trading 5.4% above its estimated fair value. The current 3-Year Share Buyback Ratio is 0.00. NICO Holdings' overall GF Score™ is 79/100 with 2 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 NICO Holdings (MSW:NICO), the current 3-Year Share Buyback Ratio is 0.00 as of Dec. 2025. 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 NICO Holdings (MSW:NICO) Overvalued in 2026?
Based on GuruFocus' analysis, NICO Holdings stock appears to be overvalued.
The current stock price of MWK1,344.87 is trading 5.4% above its estimated GF Value™ of MWK1,276.30.
GuruFocus considers NICO Holdings to be Fairly Valued.
Key valuation signals for MSW:NICO:
3-Year Share Buyback Ratio: 0.00
GF Value™: MWK1,276.30 vs. price of MWK1,344.87 (5.4% above fair value)
No single metric tells the full story. See the MSW:NICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NICO Holdings PLC is a Malawi-based financial service company that operates in diversified business. Its segments include Life Insurance and Pension, General Insurance business, Banking business, Investment Holding, Asset Management, and Information Technology. Its general insurance segment offers personal and commercial insurance covering motor vehicle, building, road construction, liability, engineering, professional indemnity, marine hull & cargo, fire, and personal accidents throughout Malawi, Zambia, Tanzania, and Uganda. In contrast, life insurance and pension products including Endowment Assurance are offered in Malawi and Mozambique. The majority of the revenue is earned from the Insurance sector. while its Asset Management and Banking segments only operate in Malawi.
79GF Score
Get the complete analysis for MSW:NICO
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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