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Eco Wave Power Global ABWAVE -3.60%41 3-Year Share Buyback Ratio is -1.70 as of Jun. 2026. GuruFocus rates WAVE with a GF Score™ of 41/100 and a GF Value™ of $1.58 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 221 Utilities - Independent Power Producers companies, Eco Wave Power Global AB ranks better than 61.54% 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. Eco Wave Power Global AB's current 3-Year Share Buyback Ratio was -1.70%.
The historical rank and industry rank for Eco Wave Power Global AB's 3-Year Share Buyback Ratio or its related term are showing as below:
WAVE'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -8 Med: -4.1 Max: 1.4
Current: -1.7
During the past 9 years, Eco Wave Power Global AB's highest 3-Year Share Buyback Ratio was 1.40%. The lowest was -8.00%. And the median was -4.10%.
WAVE's 3-Year Share Buyback Ratio is ranked better than 61.54% of 221
companies
in the Utilities - Independent Power Producers industry
Industry Median: -3.4
vs WAVE: -1.70
Eco Wave Power Global AB (NAS:WAVE) 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.
Eco Wave Power Global AB 3-Year Share Buyback Ratio Related Terms
WAVE vs NXXT, AGIG, STEM: 3-Year Share Buyback Ratio Comparison
For the Utilities - Renewable subindustry, Eco Wave Power Global AB'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.
Eco Wave Power Global AB 3-Year Share Buyback Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Eco Wave Power Global AB's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Eco Wave Power Global AB's 3-Year Share Buyback Ratio falls into.
Eco Wave Power Global AB 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 -1.70 mean?
Eco Wave Power Global AB (WAVE) has a 3-Year Share Buyback Ratio of -1.70 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 Eco Wave Power Global AB and its competitors. According to the industry distribution chart, Eco Wave Power Global AB ranks #85 out of 221 companies in the Utilities - Independent Power Producers industry, placing it in the top 38.5%.
Is Eco Wave Power Global AB's 3-Year Share Buyback Ratio too high?
Eco Wave Power Global AB's current 3-Year Share Buyback Ratio is -1.70. Based on the distribution chart, Eco Wave Power Global AB ranks #85 out of 221 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Eco Wave Power Global AB has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eco Wave Power Global AB's 3-Year Share Buyback Ratio compare to NXXT and AGIG?
According to the Utilities - Independent Power Producers industry distribution chart, Eco Wave Power Global AB ranks #85 out of 221 companies for 3-Year Share Buyback Ratio. This puts Eco Wave Power Global AB in the upper 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 an Utilities - Independent Power Producers company?
A good 3-Year Share Buyback Ratio depends on the Utilities - Independent Power Producers 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 Eco Wave Power Global AB and its competitors. Eco Wave Power Global AB's current 3-Year Share Buyback Ratio is -1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eco Wave Power Global AB stock overvalued right now?
Based on GuruFocus' analysis, Eco Wave Power Global AB (WAVE) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.58, compared to a current price of $5.89 — trading 272.8% above its estimated fair value. The current 3-Year Share Buyback Ratio is -1.70. Eco Wave Power Global AB's overall GF Score™ is 41/100 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 Eco Wave Power Global AB (WAVE), the current 3-Year Share Buyback Ratio is -1.70 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 Eco Wave Power Global AB (WAVE) Overvalued in 2026?
Based on GuruFocus' analysis, Eco Wave Power Global AB stock appears to be overvalued.
The current stock price of $5.89 is trading 272.8% above its estimated GF Value™ of $1.58.
GuruFocus considers Eco Wave Power Global AB to be Significantly Overvalued.
Key valuation signals for WAVE:
3-Year Share Buyback Ratio: -1.70
GF Value™: $1.58 vs. price of $5.89 (272.8% above fair value)
No single metric tells the full story. See the WAVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eco Wave Power Global AB is a Sweden-based wave energy company engaged in the development of a smart and cost-efficient wave energy conversion, or WEC, technology that converts ocean and sea waves into clean electricity. Its WEC technology employs units of point absorber floating devices, referred to as floaters, which are installed on existing marine structures such as piers, breakwaters, and jetties, or in locations in which such marine structures are required. Geographically, it has a presence in Israel, the USA, and Mexico.
41GF Score
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