ZMSPF (Zecotek Photonics) 10-Year Share Buyback Ratio : 0.00% (As of Apr. 2020)

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What is Zecotek Photonics 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. Zecotek Photonics's current 10-Year Share Buyback Ratio was 0.00%.

ZMSPF's 10-Year Share Buyback Ratio is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: -3.9
* Ranked among companies with meaningful 10-Year Share Buyback Ratio only.

Competitive Comparison of Zecotek Photonics's 10-Year Share Buyback Ratio

For the Medical Devices subindustry, Zecotek Photonics'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.

Zecotek Photonics's 10-Year Share Buyback Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zecotek Photonics's 10-Year Share Buyback Ratio distribution charts can be found below:

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

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Zecotek Photonics 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.

Zecotek Photonics (OTCPK:ZMSPF) 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.

Zecotek Photonics 10-Year Share Buyback Ratio Related Terms

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

Zecotek Photonics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zecotek Photonics Inc (OTCPK:ZMSPF) » Definitions » 10-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

6900 Graybar Road, Unit 2325, Richmond, BC, CAN, V6W 0A5

Website

https://www.zecotek.com

Zecotek Photonics Inc is in the business of research and development of photonics technologies. The company is focused on creating advanced materials and integrated optoelectronic devices for high-resolution medical imaging, optical precision surgery, and biopharmaceutical research. It operates in three divisions which include Imaging systems, Optronics systems, and 3D display systems with labs located in Canada, Korea, Russia, Singapore, and the U.S.A. The company develops products such as scintillation crystals, solid-state, photodetectors, positron emission tomography scanning components, lasers, and 3D display and 3D printing technologies. These products are used in sectors such as healthcare, scientific and industrial.