ELALF (El AL Israel Airlines) 3-Year Share Buyback Ratio : -27.90% (As of Dec. 2024)

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What is El AL Israel Airlines 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. El AL Israel Airlines's current 3-Year Share Buyback Ratio was -27.90%.

The historical rank and industry rank for El AL Israel Airlines's 3-Year Share Buyback Ratio or its related term are showing as below:

ELALF' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -40.4 Med: -18.2 Max: 0.1
Current: -27.9

During the past 13 years, El AL Israel Airlines's highest 3-Year Share Buyback Ratio was 0.10%. The lowest was -40.40%. And the median was -18.20%.

ELALF's 3-Year Share Buyback Ratio is ranked worse than
91.17% of 532 companies
in the Transportation industry
Industry Median: -0.75 vs ELALF: -27.90

Competitive Comparison of El AL Israel Airlines's 3-Year Share Buyback Ratio

For the Airlines subindustry, El AL Israel Airlines'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.

El AL Israel Airlines's 3-Year Share Buyback Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, El AL Israel Airlines's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where El AL Israel Airlines's 3-Year Share Buyback Ratio falls into.

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El AL Israel Airlines 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.

El AL Israel Airlines (OTCPK:ELALF) 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.

El AL Israel Airlines 3-Year Share Buyback Ratio Related Terms

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El AL Israel Airlines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » El AL Israel Airlines Ltd (OTCPK:ELALF) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

ELAL:Israel

Address

PO Box 41, Ben Gurion Airport, Lod, ISR, 7015001

Website

http://www.elal.co.il

El AL Israel Airlines Ltd is an international airline company which provides air transportation of passengers and cargo in Israel and overseas, by means of passenger aircraft and cargo aircraft. The company's passenger aircraft mainly operate scheduled flights as well as charter flights. The group is engaged in activities related to the air transport operations, such as the sale of duty-free products, food production, and supply mainly to the company's aircraft, providing security services, ongoing maintenance services and overall maintenance services to aircraft of other airlines at Ben Gurion Airport, and managing travel agencies abroad. The reporting segments of the company are air transport on passenger aircraft, and air transport on cargo plane.