Morphic Ethical Equity Fund (ASX:MEC) 3-Year Share Buyback Ratio : 10.10% (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Morphic Ethical Equity Fund 3-Year Share Buyback Ratio?

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. Morphic Ethical Equity Fund's current 3-Year Share Buyback Ratio was 10.10%.

The historical rank and industry rank for Morphic Ethical Equity Fund's 3-Year Share Buyback Ratio or its related term are showing as below:

ASX:MEC' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -5.2 Med: 0.1 Max: 10.1
Current: 10.1

During the past 6 years, Morphic Ethical Equity Fund's highest 3-Year Share Buyback Ratio was 10.10%. The lowest was -5.20%. And the median was 0.10%.

ASX:MEC's 3-Year Share Buyback Ratio is ranked better than
97.31% of 1153 companies
in the Asset Management industry
Industry Median: -0.9 vs ASX:MEC: 10.10

Competitive Comparison of Morphic Ethical Equity Fund's 3-Year Share Buyback Ratio

For the Asset Management subindustry, Morphic Ethical Equity Fund'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.

Morphic Ethical Equity Fund's 3-Year Share Buyback Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Morphic Ethical Equity Fund's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Morphic Ethical Equity Fund's 3-Year Share Buyback Ratio falls into.

Save Embed

;

Save Embed

;

Morphic Ethical Equity Fund 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.

Morphic Ethical Equity Fund (ASX:MEC) 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.

Morphic Ethical Equity Fund 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Morphic Ethical Equity Fund's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Morphic Ethical Equity Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Morphic Ethical Equity Fund Ltd (ASX:MEC) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

179 Elizabeth Street, Level 11, Sydney, NSW, AUS, 2000

Website

https://www.morphicasset.com

Morphic Ethical Equity Fund Ltd seeks to provide investors a way to grow their wealth. The fund excludes direct investments in entities involved in environmental destruction, including coal and uranium mining, oil and gas, intensive animal farming and aquaculture, tobacco and alcohol, armaments, gambling, and rainforest.