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Applied MaterialsXSWX:AMAT +6.76%81 3-Year Share Buyback Ratio is 2.10 as of Apr. 2026, which is 110% above its 10-year median of 1.00. GuruFocus rates XSWX:AMAT with a GF Score™ of 81/100 and a GF Value™ of CHF180.95 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 746 Semiconductors companies, Applied Materials ranks better than 95.71% 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. Applied Materials's current 3-Year Share Buyback Ratio was 2.10%.
The historical rank and industry rank for Applied Materials's 3-Year Share Buyback Ratio or its related term are showing as below:
XSWX:AMAT'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -7.6 Med: 1 Max: 6.2
Current: 2.1
During the past 13 years, Applied Materials's highest 3-Year Share Buyback Ratio was 6.20%. The lowest was -7.60%. And the median was 1.00%.
XSWX:AMAT's 3-Year Share Buyback Ratio is ranked better than 95.71% of 746
companies
in the Semiconductors industry
Industry Median: -1.4
vs XSWX:AMAT: 2.10
Applied Materials (XSWX:AMAT) 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.
Applied Materials 3-Year Share Buyback Ratio Related Terms
XSWX:AMAT vs LRCX, KLAC, TER: 3-Year Share Buyback Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, Applied Materials'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.
Applied Materials 3-Year Share Buyback Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Applied Materials's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Applied Materials's 3-Year Share Buyback Ratio falls into.
Applied Materials 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 2.10 mean?
Applied Materials (XSWX:AMAT) has a 3-Year Share Buyback Ratio of 2.10 as of Apr. 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 Applied Materials and its competitors. This is 110% above median its historical median of 1.00. According to the industry distribution chart, Applied Materials ranks #32 out of 746 companies in the Semiconductors industry, placing it in the top 4.3%.
Is Applied Materials' 3-Year Share Buyback Ratio too high?
Applied Materials' current 3-Year Share Buyback Ratio of 2.10 is 110% above median its 10-year median of 1.00. Based on the distribution chart, Applied Materials ranks #32 out of 746 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Applied Materials has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Materials' 3-Year Share Buyback Ratio compare to LRCX and KLAC?
According to the Semiconductors industry distribution chart, Applied Materials ranks #32 out of 746 companies for 3-Year Share Buyback Ratio. This places Applied Materials in the top 4% 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 Semiconductors company?
A good 3-Year Share Buyback Ratio depends on the Semiconductors 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 Applied Materials and its competitors. Applied Materials's current 3-Year Share Buyback Ratio is 2.10, which is 110% above 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 Applied Materials stock overvalued right now?
Based on GuruFocus' analysis, Applied Materials (XSWX:AMAT) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF180.95, compared to a current price of CHF459.55 — trading 154% above its estimated fair value. The current 3-Year Share Buyback Ratio is 2.10, which is 110% above median its 10-year median of 1.00. Applied Materials' overall GF Score™ is 81/100 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 Applied Materials (XSWX:AMAT), the current 3-Year Share Buyback Ratio is 2.10 as of Apr. 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 Applied Materials (XSWX:AMAT) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Materials stock appears to be overvalued.
The current stock price of CHF459.55 is trading 154% above its estimated GF Value™ of CHF180.95.
GuruFocus considers Applied Materials to be Significantly Overvalued.
Key valuation signals for XSWX:AMAT:
3-Year Share Buyback Ratio: 2.10 (110% above median its 10-year median of 1.00)
GF Value™: CHF180.95 vs. price of CHF459.55 (154% above fair value)
No single metric tells the full story. See the XSWX:AMAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
81GF Score
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