Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Bank Millennium's current 3-Year Share Buyback Ratio was 0.00%.
The historical rank and industry rank for Bank Millennium's 3-Year Share Buyback Ratio or its related term are showing as below:
During the past 13 years, Bank Millennium's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was -7.90%. And the median was 0.00%.
WAR:MIL's 3-Year Share Buyback Ratio is not ranked *
in the Banks industry.
Industry Median: -0.2 * Ranked among companies with meaningful 3-Year Share Buyback Ratio only.
Bank Millennium (WAR:MIL) 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.
Bank Millennium 3-Year Share Buyback Ratio Related Terms
WAR:MIL vs USB: 3-Year Share Buyback Ratio Comparison
For the Banks - Regional subindustry, Bank Millennium'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.
Bank Millennium 3-Year Share Buyback Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Bank Millennium's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Bank Millennium's 3-Year Share Buyback Ratio falls into.
Bank Millennium 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?
Bank Millennium (WAR:MIL) 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 Bank Millennium and its competitors. According to the industry distribution chart, Bank Millennium ranks #999999 out of 1036 companies in the Banks industry.
Is Bank Millennium's 3-Year Share Buyback Ratio too high?
Bank Millennium's current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, Bank Millennium ranks #999999 out of 1036 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Bank Millennium has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank Millennium's 3-Year Share Buyback Ratio compare to USB?
According to the Banks industry distribution chart, Bank Millennium ranks #999999 out of 1036 companies for 3-Year Share Buyback Ratio. This places Bank Millennium 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 Banks company?
A good 3-Year Share Buyback Ratio depends on the Banks 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 Bank Millennium and its competitors. Bank Millennium'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 Bank Millennium stock overvalued right now?
Based on GuruFocus' analysis, Bank Millennium (WAR:MIL) is currently considered Significantly Overvalued. The stock's GF Value™ is zł11.19, compared to a current price of zł21.18 — trading 89.3% above its estimated fair value. The current 3-Year Share Buyback Ratio is 0.00. Bank Millennium's overall GF Score™ is 64/100 with 6 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 Bank Millennium (WAR:MIL), 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 Bank Millennium (WAR:MIL) Overvalued in 2026?
Based on GuruFocus' analysis, Bank Millennium stock appears to be overvalued.
The current stock price of zł21.18 is trading 89.3% above its estimated GF Value™ of zł11.19.
GuruFocus considers Bank Millennium to be Significantly Overvalued.
Key valuation signals for WAR:MIL:
3-Year Share Buyback Ratio: 0.00
GF Value™: zł11.19 vs. price of zł21.18 (89.3% above fair value)
No single metric tells the full story. See the WAR:MIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank Millennium SA is a commercial bank group operating in Poland. The bank's operating segments include retail, corporate, FX mortgage loans, treasury operations, assets/liabilities management and other segment. The company derives the majority of its revenue from the retail segment which comprises the banking products and services provided to individual customers on the mass market, affluent customers, sole traders as well as services to small companies.
64GF Score
Get the complete analysis for WAR:MIL
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:MIL has been successfully added to your 
