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Develop GlobalVTEXF 48 3-Year Share Buyback Ratio is -21.30 as of Dec. 2025. GuruFocus rates VTEXF with a GF Score™ of 48/100 and a GF Value™ of $4.08. The stock has 5 warning signs investors should review. Among 2,152 Metals & Mining companies, Develop Global ranks worse than 55.9% 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. Develop Global's current 3-Year Share Buyback Ratio was -21.30%.
The historical rank and industry rank for Develop Global's 3-Year Share Buyback Ratio or its related term are showing as below:
VTEXF'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -130.6 Med: -26.5 Max: -4.1
Current: -21.3
During the past 13 years, Develop Global's highest 3-Year Share Buyback Ratio was -4.10%. The lowest was -130.60%. And the median was -26.50%.
VTEXF's 3-Year Share Buyback Ratio is ranked worse than 55.9% of 2152
companies
in the Metals & Mining industry
Industry Median: -17.4
vs VTEXF: -21.30
Develop Global (OTCPK:VTEXF) 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.
Develop Global 3-Year Share Buyback Ratio Related Terms
Develop Global 3-Year Share Buyback Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Develop Global'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.
Develop Global 3-Year Share Buyback Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Develop Global's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Develop Global's 3-Year Share Buyback Ratio falls into.
Develop Global 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 -21.30 mean?
Develop Global (VTEXF) has a 3-Year Share Buyback Ratio of -21.30 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 Develop Global and its competitors. According to the industry distribution chart, Develop Global ranks #1203 out of 2152 companies in the Metals & Mining industry, placing it in the top 55.9%.
Is Develop Global's 3-Year Share Buyback Ratio too high?
Develop Global's current 3-Year Share Buyback Ratio is -21.30. Based on the distribution chart, Develop Global ranks #1203 out of 2152 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Develop Global has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Develop Global's 3-Year Share Buyback Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Develop Global ranks #1203 out of 2152 companies for 3-Year Share Buyback Ratio. This places Develop Global 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 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 Develop Global and its competitors. Develop Global's current 3-Year Share Buyback Ratio is -21.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Develop Global stock overvalued right now?
Develop Global (VTEXF) has a current 3-Year Share Buyback Ratio of -21.30. The stock's GF Value™ is $4.08, compared to a current price of $3.66 — trading 10.3% below its estimated fair value. The current 3-Year Share Buyback Ratio is -21.30. Develop Global's overall GF Score™ is 48/100 with 5 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 Develop Global (VTEXF), the current 3-Year Share Buyback Ratio is -21.30 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 Develop Global (VTEXF) Overvalued in 2026?
Based on GuruFocus' analysis, Develop Global stock appears to be undervalued.
The current stock price of $3.66 is trading 10.3% below its estimated GF Value™ of $4.08.
Key valuation signals for VTEXF:
3-Year Share Buyback Ratio: -21.30
GF Value™: $4.08 vs. price of $3.66 (10.3% below fair value)
No single metric tells the full story. See the VTEXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Develop Global Ltd is an Australian company focused on the exploration and development of its advanced zinc-copper projects located near Port Hedland in the premier Pilbara mining province of Western Australia. The company owns two advanced Zinc / Copper projects which include Woodlawn Copper and Sulphur Springs.
48GF Score
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