What is Mayville Engineering Co 10-Year Share Buyback Ratio?
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten 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. Mayville Engineering Co's current 10-Year Share Buyback Ratio was 0.00%.
MEC's 10-Year Share Buyback Ratio is not ranked *
in the Industrial Products industry.
Industry Median: -1.8 * Ranked among companies with meaningful 10-Year Share Buyback Ratio only.
Competitive Comparison of Mayville Engineering Co's 10-Year Share Buyback Ratio
For the Metal Fabrication subindustry, Mayville Engineering Co's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-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.
Mayville Engineering Co's 10-Year Share Buyback Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mayville Engineering Co's 10-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Mayville Engineering Co's 10-Year Share Buyback Ratio falls into.
Mayville Engineering Co 10-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven 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.
Mayville Engineering Co (NYSE:MEC) 10-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.
Mayville Engineering Co 10-Year Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of Mayville Engineering Co's 10-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Mayville Engineering Co Inc is involved in a manufacturing partner providing a full suite of manufacturing solutions from concept to production, including design, prototyping and tooling, fabrication, aluminum extrusion, coating, assembly and aftermarket components. Its customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction, power sports, agriculture, military, and other end markets. Its services comprise stamping, shearing, fiber laser cutting, forming, drilling, tapping, grinding, tube bending, machining, welding, assembly and logistic services.
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