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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. Tomra Systems ASA's current 3-Year Share Buyback Ratio was 0.00%.
The historical rank and industry rank for Tomra Systems ASA's 3-Year Share Buyback Ratio or its related term are showing as below:
During the past 13 years, Tomra Systems ASA's highest 3-Year Share Buyback Ratio was 4.60%. The lowest was 0.00%. And the median was 0.05%.
TMRAY's 3-Year Share Buyback Ratio is not ranked *
in the Waste Management industry.
Industry Median: -3.2 * Ranked among companies with meaningful 3-Year Share Buyback Ratio only.
Tomra Systems ASA (OTCPK:TMRAY) 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.
Tomra Systems ASA 3-Year Share Buyback Ratio Related Terms
TMRAY vs WM, RSG, WCN: 3-Year Share Buyback Ratio Comparison
For the Waste Management subindustry, Tomra Systems 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.
Tomra Systems ASA 3-Year Share Buyback Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tomra Systems ASA's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Tomra Systems ASA's 3-Year Share Buyback Ratio falls into.
Tomra Systems 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 0.00 mean?
Tomra Systems ASA (TMRAY) has a 3-Year Share Buyback Ratio of 0.00 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 Tomra Systems ASA and its competitors. According to the industry distribution chart, Tomra Systems ASA ranks #999999 out of 156 companies in the Waste Management industry.
Is Tomra Systems ASA's 3-Year Share Buyback Ratio too high?
Tomra Systems ASA's current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, Tomra Systems ASA ranks #999999 out of 156 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Tomra Systems ASA has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tomra Systems ASA's 3-Year Share Buyback Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Tomra Systems ASA ranks #999999 out of 156 companies for 3-Year Share Buyback Ratio. This places Tomra Systems ASA 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 a Waste Management company?
A good 3-Year Share Buyback Ratio depends on the Waste Management 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 Tomra Systems ASA and its competitors. Tomra Systems ASA'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 Tomra Systems ASA stock overvalued right now?
Based on GuruFocus' analysis, Tomra Systems ASA (TMRAY) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.87, compared to a current price of $11.20 — trading 29.5% below its estimated fair value. The current 3-Year Share Buyback Ratio is 0.00. Tomra Systems ASA's overall GF Score™ is 90/100 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 Tomra Systems ASA (TMRAY), the current 3-Year Share Buyback Ratio is 0.00 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 Tomra Systems ASA (TMRAY) Overvalued in 2026?
Based on GuruFocus' analysis, Tomra Systems ASA stock appears to be undervalued.
The current stock price of $11.20 is trading 29.5% below its estimated GF Value™ of $15.87.
GuruFocus considers Tomra Systems ASA to be Modestly Undervalued.
Key valuation signals for TMRAY:
3-Year Share Buyback Ratio: 0.00
GF Value™: $15.87 vs. price of $11.20 (29.5% below fair value)
No single metric tells the full story. See the TMRAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in packaging, collection, compaction, recycling, ore sorting, and food production. It provides reverse vending machines, sensor-based sorting machines integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, TOMRA Horizon, and TOMRA Food. Geographically, the company generates maximum revenue from Europe region followed by America, Asia, and Oceania.
90GF Score
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