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Nomura Research InstituteNURAF 91 3-Year Share Buyback Ratio is 1.00 as of Jun. 2026, which is at its 10-year median of 1.00. GuruFocus rates NURAF with a GF Scoreâ„¢ of 91/100 and a GF Valueâ„¢ of $32.59 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,137 Software companies, Nomura Research Institute ranks better than 88.91% 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. Nomura Research Institute's current 3-Year Share Buyback Ratio was 1.00%.
The historical rank and industry rank for Nomura Research Institute's 3-Year Share Buyback Ratio or its related term are showing as below:
NURAF'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -1.5 Med: 1 Max: 7.1
Current: 1
During the past 13 years, Nomura Research Institute's highest 3-Year Share Buyback Ratio was 7.10%. The lowest was -1.50%. And the median was 1.00%.
NURAF's 3-Year Share Buyback Ratio is ranked better than 88.91% of 2137
companies
in the Software industry
Industry Median: -1.6
vs NURAF: 1.00
Nomura Research Institute (OTCPK:NURAF) 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.
Nomura Research Institute 3-Year Share Buyback Ratio Related Terms
NURAF vs IBM, ACN, FISV: 3-Year Share Buyback Ratio Comparison
For the Information Technology Services subindustry, Nomura Research Institute'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.
Nomura Research Institute 3-Year Share Buyback Ratio vs Software Industry
For the Software industry and Technology sector, Nomura Research Institute's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Nomura Research Institute's 3-Year Share Buyback Ratio falls into.
Nomura Research Institute 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 1.00 mean?
Nomura Research Institute (NURAF) has a 3-Year Share Buyback Ratio of 1.00 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 Nomura Research Institute and its competitors. This is near median its historical median of 1.00. According to the industry distribution chart, Nomura Research Institute ranks #237 out of 2137 companies in the Software industry, placing it in the top 11.1%.
Is Nomura Research Institute's 3-Year Share Buyback Ratio too high?
Nomura Research Institute's current 3-Year Share Buyback Ratio of 1.00 is near median its 10-year median of 1.00. Based on the distribution chart, Nomura Research Institute ranks #237 out of 2137 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Nomura Research Institute has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nomura Research Institute's 3-Year Share Buyback Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Nomura Research Institute ranks #237 out of 2137 companies for 3-Year Share Buyback Ratio. This places Nomura Research Institute in the top 11% 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 Software company?
A good 3-Year Share Buyback Ratio depends on the Software 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 Nomura Research Institute and its competitors. Nomura Research Institute's current 3-Year Share Buyback Ratio is 1.00, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Research Institute stock overvalued right now?
Based on GuruFocus' analysis, Nomura Research Institute (NURAF) is currently considered Fairly Valued. The stock's GF Value™ is $32.59, compared to a current price of $32.11 — trading 1.5% below its estimated fair value. The current 3-Year Share Buyback Ratio is 1.00, which is near median its 10-year median of 1.00. Nomura Research Institute's overall GF Score™ is 91/100 with 3 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 Nomura Research Institute (NURAF), the current 3-Year Share Buyback Ratio is 1.00 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 Nomura Research Institute (NURAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nomura Research Institute stock appears to be undervalued.
The current stock price of $32.11 is trading 1.5% below its estimated GF Value™ of $32.59.
GuruFocus considers Nomura Research Institute to be Fairly Valued.
Key valuation signals for NURAF:
3-Year Share Buyback Ratio: 1.00 (near median its 10-year median of 1.00)
GF Value™: $32.59 vs. price of $32.11 (1.5% below fair value)
No single metric tells the full story. See the NURAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nomura Research Institute was formed in 1988 through the merger of the original Nomura Research Institute and Nomura Computer Systems. Its core financial IT solutions segment acts as a de facto utility for Japan's capital markets, running shared back-office platforms for major brokerages and banks. The industrial IT solutions segment builds supply chain and enterprise resource planning systems for retailers and manufacturers. These are supported by IT platform services and a consulting business that originates digital transformation projects. The company reported fiscal 2025 revenue of JPY 814.7 billion. Nomura Holdings, the parent of Nomura Securities, remains NRI's largest shareholder with a 20% stake.
91GF Score
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