Ballard Power Systems (XSWX:BLDP) 3-Year Share Buyback Ratio: -0.30% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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.

XSWX:BLDP Ballard Power Systems Inc XSWX:BLDP
76 GF Score
Price CHF2.49
GF Value CHF2.45
! 4 Warning Signs
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What is Ballard Power Systems 3-Year Share Buyback Ratio?

Ballard Power Systems XSWX:BLDP 76 3-Year Share Buyback Ratio is -0.30 as of Mar. 2026. GuruFocus rates XSWX:BLDP with a GF Score™ of 76/100 and a GF Value™ of CHF2.45. The stock has 4 warning signs investors should review. Among 1,858 Industrial Products companies, Ballard Power Systems ranks better than 62.7% 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. Ballard Power Systems's current 3-Year Share Buyback Ratio was -0.30%.

The historical rank and industry rank for Ballard Power Systems's 3-Year Share Buyback Ratio or its related term are showing as below:

XSWX:BLDP' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -38.2   Med: -8.6   Max: 10
Current: -0.3

During the past 13 years, Ballard Power Systems's highest 3-Year Share Buyback Ratio was 10.00%. The lowest was -38.20%. And the median was -8.60%.

XSWX:BLDP's 3-Year Share Buyback Ratio is ranked better than
62.7% of 1858 companies
in the Industrial Products industry
Industry Median: -1.1 vs XSWX:BLDP: -0.30

Ballard Power Systems (XSWX:BLDP) 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.


Ballard Power Systems 3-Year Share Buyback Ratio Related Terms


XSWX:BLDP vs VRT, BE: 3-Year Share Buyback Ratio Comparison

For the Electrical Equipment & Parts subindustry, Ballard Power Systems'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.


Ballard Power Systems 3-Year Share Buyback Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ballard Power Systems's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Ballard Power Systems's 3-Year Share Buyback Ratio falls into.


XSWX:BLDP
76GF Score
Ballard Power Systems Inc XSWX:BLDP
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ballard Power Systems 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 -0.30 mean?
Ballard Power Systems (XSWX:BLDP) has a 3-Year Share Buyback Ratio of -0.30 as of Mar. 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 Ballard Power Systems and its competitors. According to the industry distribution chart, Ballard Power Systems ranks #693 out of 1858 companies in the Industrial Products industry, placing it in the top 37.3%.
Is Ballard Power Systems' 3-Year Share Buyback Ratio too high?
Ballard Power Systems' current 3-Year Share Buyback Ratio is -0.30. Based on the distribution chart, Ballard Power Systems ranks #693 out of 1858 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ballard Power Systems has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' 3-Year Share Buyback Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ballard Power Systems ranks #693 out of 1858 companies for 3-Year Share Buyback Ratio. This puts Ballard Power Systems 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 Industrial Products company?
A good 3-Year Share Buyback Ratio depends on the Industrial Products 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 Ballard Power Systems and its competitors. Ballard Power Systems's current 3-Year Share Buyback Ratio is -0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ballard Power Systems stock overvalued right now?
Ballard Power Systems (XSWX:BLDP) has a current 3-Year Share Buyback Ratio of -0.30. The stock's GF Value™ is CHF2.45, compared to a current price of CHF2.49 — trading 1.7% above its estimated fair value. The current 3-Year Share Buyback Ratio is -0.30. Ballard Power Systems' overall GF Score™ is 76/100 with 4 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 Ballard Power Systems (XSWX:BLDP), the current 3-Year Share Buyback Ratio is -0.30 as of Mar. 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 Ballard Power Systems (XSWX:BLDP) Overvalued in 2026?

Based on GuruFocus' analysis, Ballard Power Systems stock appears to be overvalued. The current stock price of CHF2.49 is trading 1.7% above its estimated GF Value™ of CHF2.45.

Key valuation signals for XSWX:BLDP:

  • 3-Year Share Buyback Ratio: -0.30
  • GF Value™: CHF2.45 vs. price of CHF2.49 (1.7% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the XSWX:BLDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ballard Power Systems Business Description

Address 9000 Glenlyon Parkway, Legal Department, Burnaby, BC, CAN, V5J 5J8
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from United States followed by Poland, Canada, and other countries.
76GF Score

Get the complete analysis for XSWX:BLDP

3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF2.49
Price
CHF2.45
GF Value