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NHK Spring CoNHKGF 78 3-Year Share Buyback Ratio is 3.70 as of Mar. 2026, which is 363% above its 10-year median of 0.80. GuruFocus rates NHKGF with a GF Score™ of 78/100 and a GF Value™ of $13.29. The stock has 1 warning sign investors should review. Among 755 Vehicles & Parts companies, NHK Spring Co ranks better than 94.7% 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. NHK Spring Co's current 3-Year Share Buyback Ratio was 3.70%.
The historical rank and industry rank for NHK Spring Co's 3-Year Share Buyback Ratio or its related term are showing as below:
NHKGF'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -1.2 Med: 0.8 Max: 3.7
Current: 3.7
During the past 13 years, NHK Spring Co's highest 3-Year Share Buyback Ratio was 3.70%. The lowest was -1.20%. And the median was 0.80%.
NHKGF's 3-Year Share Buyback Ratio is ranked better than 94.7% of 755
companies
in the Vehicles & Parts industry
Industry Median: -0.8
vs NHKGF: 3.70
NHK Spring Co (OTCPK:NHKGF) 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.
NHK Spring Co 3-Year Share Buyback Ratio Related Terms
NHKGF vs ORLY, AZO: 3-Year Share Buyback Ratio Comparison
For the Auto Parts subindustry, NHK Spring 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.
NHK Spring Co 3-Year Share Buyback Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, NHK Spring Co's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where NHK Spring Co's 3-Year Share Buyback Ratio falls into.
NHK Spring 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?
NHK Spring Co (NHKGF) has a 3-Year Share Buyback Ratio of 3.70 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 NHK Spring Co and its competitors. This is 363% above median its historical median of 0.80. According to the industry distribution chart, NHK Spring Co ranks #40 out of 755 companies in the Vehicles & Parts industry, placing it in the top 5.3%.
Is NHK Spring Co's 3-Year Share Buyback Ratio too high?
NHK Spring Co's current 3-Year Share Buyback Ratio of 3.70 is 363% above median its 10-year median of 0.80. Based on the distribution chart, NHK Spring Co ranks #40 out of 755 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, NHK Spring Co has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does NHK Spring Co's 3-Year Share Buyback Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NHK Spring Co ranks #40 out of 755 companies for 3-Year Share Buyback Ratio. This places NHK Spring 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 Vehicles & Parts company?
A good 3-Year Share Buyback Ratio depends on the Vehicles & Parts 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 NHK Spring Co and its competitors. NHK Spring Co's current 3-Year Share Buyback Ratio is 3.70, which is 363% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NHK Spring Co stock overvalued right now?
NHK Spring Co (NHKGF) has a current 3-Year Share Buyback Ratio of 3.70. The stock's GF Value™ is $13.29, compared to a current price of $24.51 — trading 84.4% above its estimated fair value. The current 3-Year Share Buyback Ratio is 3.70, which is 363% above median its 10-year median of 0.80. NHK Spring Co's overall GF Score™ is 78/100 with 1 warning sign 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 NHK Spring Co (NHKGF), the current 3-Year Share Buyback Ratio is 3.70 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 NHK Spring Co (NHKGF) Overvalued in 2026?
Based on GuruFocus' analysis, NHK Spring Co stock appears to be overvalued.
The current stock price of $24.51 is trading 84.4% above its estimated GF Value™ of $13.29.
Key valuation signals for NHKGF:
3-Year Share Buyback Ratio: 3.70 (363% above median its 10-year median of 0.80)
GF Value™: $13.29 vs. price of $24.51 (84.4% above fair value)
No single metric tells the full story. See the NHKGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company operates through five segments. The Disc drive suspension (DDS) segment covers disc drive suspension products. The Industrial Equipment segment includes semiconductor process parts, ceramic products, spring mechanisms, piping support devices, parking devices, and other equipment. The Precision Parts segment handles HDD components, wire, and thin plate springs, motor cores, probe units, fasteners, and other precision products. The Sheet segment provides automobile seats, seat mechanisms, and interior parts, while the Suspension Spring segment offers coil springs, leaf springs, stabilizers, accumulators, torsion bars, and related components.
78GF Score
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