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SBMSF (Danakali) 10-Year Share Buyback Ratio : -12.00% (As of Jun. 2024)


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What is Danakali 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. Danakali's current 10-Year Share Buyback Ratio was -12.00%.

SBMSF's 10-Year Share Buyback Ratio is ranked worse than
82.24% of 152 companies
in the Agriculture industry
Industry Median: -2.5 vs SBMSF: -12.00

Competitive Comparison of Danakali's 10-Year Share Buyback Ratio

For the Agricultural Inputs subindustry, Danakali'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.


Danakali's 10-Year Share Buyback Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Danakali's 10-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Danakali's 10-Year Share Buyback Ratio falls into.


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Danakali 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.


Danakali (OTCPK:SBMSF) 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.


Danakali 10-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Danakali's 10-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Danakali Business Description

Traded in Other Exchanges
Address
2A/300 Fitzgerald Street, Level 1, North Perth, WA, AUS, 6006
Danakali Ltd is a potash mining company engaged in developing the Colluli Potash Project in Eritrea, East Africa. It generates the majority of its revenue in the form of interest.

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