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Millionaire Property Fund (BKK:MIPF) 3-Year Share Buyback Ratio : 0.00% (As of Dec. 2024)


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What is Millionaire Property 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. Millionaire Property Fund's current 3-Year Share Buyback Ratio was 0.00%.

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

During the past 13 years, Millionaire Property Fund's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was 0.00%. And the median was 0.00%.

BKK:MIPF's 3-Year Share Buyback Ratio is not ranked *
in the REITs industry.
Industry Median: -3.3
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Competitive Comparison of Millionaire Property Fund's 3-Year Share Buyback Ratio

For the REIT - Office subindustry, Millionaire Property 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.


Millionaire Property Fund's 3-Year Share Buyback Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Millionaire Property Fund's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Millionaire Property Fund's 3-Year Share Buyback Ratio falls into.


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Millionaire Property 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.


Millionaire Property Fund (BKK:MIPF) 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.


Millionaire Property Fund 3-Year Share Buyback Ratio Related Terms

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


Millionaire Property Fund Business Description

Traded in Other Exchanges
N/A
Address
Rama 1 Road, 989 Siam Piwat Tower, 9th, 24th Floor, Pathumwan, Bangkok, THA, 10330
Millionaire Property Fund is a close-ended property fund with no maturity date. The objective of the company is to mobilize funds from the sale of investment units to purchase and/or lease property and procure benefits from such property. The Fund operates in only one business segment which is property investments and the business is only operated in Thailand.

Millionaire Property Fund Headlines

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