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Norsk Hydro ASANHYKF +0.24%87 3-Year Share Buyback Ratio is 1.30 as of Jun. 2026. GuruFocus rates NHYKF with a GF Score™ of 87/100 and a GF Value™ of $7.38 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,161 Metals & Mining companies, Norsk Hydro ASA ranks better than 98.06% 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. Norsk Hydro ASA's current 3-Year Share Buyback Ratio was 1.30%.
The historical rank and industry rank for Norsk Hydro ASA's 3-Year Share Buyback Ratio or its related term are showing as below:
NHYKF'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -15.9 Med: -0.1 Max: 4.1
Current: 1.3
During the past 13 years, Norsk Hydro ASA's highest 3-Year Share Buyback Ratio was 4.10%. The lowest was -15.90%. And the median was -0.10%.
NHYKF's 3-Year Share Buyback Ratio is ranked better than 98.06% of 2161
companies
in the Metals & Mining industry
Industry Median: -17.8
vs NHYKF: 1.30
Norsk Hydro ASA (OTCPK:NHYKF) 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.
Norsk Hydro ASA 3-Year Share Buyback Ratio Related Terms
NHYKF vs AA, CENX: 3-Year Share Buyback Ratio Comparison
For the Aluminum subindustry, Norsk Hydro ASA'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.
Norsk Hydro ASA 3-Year Share Buyback Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Norsk Hydro ASA's 3-Year Share Buyback Ratio falls into.
Norsk Hydro ASA 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 1.30 mean?
Norsk Hydro ASA (NHYKF) has a 3-Year Share Buyback Ratio of 1.30 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 Norsk Hydro ASA and its competitors. According to the industry distribution chart, Norsk Hydro ASA ranks #42 out of 2161 companies in the Metals & Mining industry, placing it in the top 1.9%.
Is Norsk Hydro ASA's 3-Year Share Buyback Ratio too high?
Norsk Hydro ASA's current 3-Year Share Buyback Ratio is 1.30. Based on the distribution chart, Norsk Hydro ASA ranks #42 out of 2161 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Norsk Hydro ASA has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norsk Hydro ASA's 3-Year Share Buyback Ratio compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Norsk Hydro ASA ranks #42 out of 2161 companies for 3-Year Share Buyback Ratio. This places Norsk Hydro ASA in the top 2% 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 Metals & Mining company?
A good 3-Year Share Buyback Ratio depends on the Metals & Mining 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 Norsk Hydro ASA and its competitors. Norsk Hydro ASA's current 3-Year Share Buyback Ratio is 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Hydro ASA stock overvalued right now?
Based on GuruFocus' analysis, Norsk Hydro ASA (NHYKF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.38, compared to a current price of $9.23 — trading 25.1% above its estimated fair value. The current 3-Year Share Buyback Ratio is 1.30. Norsk Hydro ASA's overall GF Score™ is 87/100 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 Norsk Hydro ASA (NHYKF), the current 3-Year Share Buyback Ratio is 1.30 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 Norsk Hydro ASA (NHYKF) Overvalued in 2026?
Based on GuruFocus' analysis, Norsk Hydro ASA stock appears to be overvalued.
The current stock price of $9.23 is trading 25.1% above its estimated GF Value™ of $7.38.
GuruFocus considers Norsk Hydro ASA to be Modestly Overvalued.
Key valuation signals for NHYKF:
3-Year Share Buyback Ratio: 1.30
GF Value™: $7.38 vs. price of $9.23 (25.1% above fair value)
No single metric tells the full story. See the NHYKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norsk Hydro ASA is an aluminium and renewable energy company. The company owns and operates businesses and holds investments in sustainable industries. Its operations span multiple market segments, including aluminum, energy, metal recycling, renewable energy, and batteries, providing expertise across these areas. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Energy, Hydro Aluminium Metal and Hydro Extrusions and Hydro Metal Markets activities. The majority of the company's revenue is derived from the Hydro Extrusions segment, which delivers products within extruded profiles, building systems and precision tubing, and operates several recycling facilities, both integrated with its extrusion plants and separate plants.
87GF Score
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