Southern Cross Electrical Engineering (ASX:SXE) 3-Year Share Buyback Ratio : -2.00% (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Southern Cross Electrical Engineering 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. Southern Cross Electrical Engineering's current 3-Year Share Buyback Ratio was -2.00%.

The historical rank and industry rank for Southern Cross Electrical Engineering's 3-Year Share Buyback Ratio or its related term are showing as below:

ASX:SXE' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -15.8 Med: -2.95 Max: 0.7
Current: -2

During the past 13 years, Southern Cross Electrical Engineering's highest 3-Year Share Buyback Ratio was 0.70%. The lowest was -15.80%. And the median was -2.95%.

ASX:SXE's 3-Year Share Buyback Ratio is ranked worse than
54.18% of 921 companies
in the Construction industry
Industry Median: -1.1 vs ASX:SXE: -2.00

Competitive Comparison of Southern Cross Electrical Engineering's 3-Year Share Buyback Ratio

For the Engineering & Construction subindustry, Southern Cross Electrical Engineering'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.

Southern Cross Electrical Engineering's 3-Year Share Buyback Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Southern Cross Electrical Engineering's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Southern Cross Electrical Engineering's 3-Year Share Buyback Ratio falls into.

Save Embed

;

Save Embed

;

Southern Cross Electrical Engineering 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.

Southern Cross Electrical Engineering (ASX:SXE) 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.

Southern Cross Electrical Engineering 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Southern Cross Electrical Engineering's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Southern Cross Electrical Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Southern Cross Electrical Engineering Ltd (ASX:SXE) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

225 St Georges Terrace, Level 15, Perth, WA, AUS, 6000

Website

https://www.scee.com.au

Southern Cross Electrical Engineering Ltd engages in the provision of electrical, instrumentation, communication, and maintenance services. It serves various sectors such as commercial developments; public infrastructure and defence; resources-mining, oil and gas; industrial, utilities and energy; telecommunications and data centres. The company provides its services through the three key segments of SCEE, Heyday, and Trivantage. Geographically, it derives a majority of revenue from Australia.

Southern Cross Electrical Engineering Headlines

No Headlines