Town Ray Holdings (HKSE:01692) 3-Year Share Buyback Ratio : 0.00% (As of Jun. 2024)

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What is Town Ray Holdings 3-Year Share Buyback Ratio?

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. Town Ray Holdings's current 3-Year Share Buyback Ratio was 0.00%.

The historical rank and industry rank for Town Ray Holdings's 3-Year Share Buyback Ratio or its related term are showing as below:

During the past 9 years, Town Ray Holdings's highest 3-Year Share Buyback Ratio was 3.50. The lowest was 3.50. And the median was 3.50.

HKSE:01692's 3-Year Share Buyback Ratio is not ranked ^*
in the Hardware industry.
Industry Median: -2.1
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Competitive Comparison of Town Ray Holdings's 3-Year Share Buyback Ratio

For the Consumer Electronics subindustry, Town Ray Holdings'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.

Town Ray Holdings's 3-Year Share Buyback Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Town Ray Holdings's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Town Ray Holdings's 3-Year Share Buyback Ratio falls into.

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Town Ray Holdings 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 year annual data of 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.

Town Ray Holdings (HKSE:01692) 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.

Town Ray Holdings 3-Year Share Buyback Ratio Related Terms

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

Town Ray Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Town Ray Holdings Ltd (HKSE:01692) » Definitions » 3-Year Share Buyback Ratio

Traded in Other Exchanges

N/A

Address

No. 403 Castle Peak Road-Kwai Chung, Workshop A, 25th Floor, Reason Group Tower, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.townray.com

Town Ray Holdings Ltd is a developer, designer, manufacturer, and supplier of electrothermic household appliances mainly to overseas markets. The electrothermic household products can be grouped into two categories, namely garment care appliances, including steam generator irons, garment steamers, and steam irons; and cooking appliances, including coffee machines, steam cooking appliances, and other cooking appliances. The company's products are mainly sold to overseas markets, including Germany, France, the United Kingdom, and the Netherlands.

Executives

Modern Expression Limited
Capital Fortress Limited
Bestresult Assets Limited
Chan Kam Kwong Charles
Cheng Yuk Sim Connie
Chan Ying Yuk Purple
Leung Yat Cheong Albert
Li Siu Lan
Lo Kam Wing Raymond

Town Ray Holdings Headlines

No Headlines