Astral Foods (JSE:ARL) 3-Year Share Buyback Ratio : 0.10% (As of Sep. 2024)

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What is Astral Foods 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. Astral Foods's current 3-Year Share Buyback Ratio was 0.10%.

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

JSE:ARL' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -0.5 Med: 0.2 Max: 4.2
Current: 0.1

During the past 13 years, Astral Foods's highest 3-Year Share Buyback Ratio was 4.20%. The lowest was -0.50%. And the median was 0.20%.

JSE:ARL's 3-Year Share Buyback Ratio is ranked better than
73.4% of 936 companies
in the Consumer Packaged Goods industry
Industry Median: -1.35 vs JSE:ARL: 0.10

Competitive Comparison of Astral Foods's 3-Year Share Buyback Ratio

For the Farm Products subindustry, Astral Foods'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.

Astral Foods's 3-Year Share Buyback Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Astral Foods's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Astral Foods's 3-Year Share Buyback Ratio falls into.

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Astral Foods 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.

Astral Foods (JSE:ARL) 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.

Astral Foods 3-Year Share Buyback Ratio Related Terms

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

Astral Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Astral Foods Ltd (JSE:ARL) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

A9U:Germany

Address

13 Thunderbolt Lane, Lanseria Corporate Estate, Lanseria Ext 26, Lanseria, GT, ZAF, 1748

Website

https://www.astralfoods.com

Astral Foods Ltd is an integrated poultry producer operating under several brands. It supplies different poultry needs in Africa. The activities are divided into two operating segments. The poultry segment comprises the sale of poultry-related products for human consumption as well as day-old broilers, hatching eggs and day-old parent stock. The Feed segment comprises the sale of a wide range of specialized feed products for commercially farmed animal species. The majority of revenue is generated from the poultry segment. The company has multiple processing facilities to get the poultry to ready-to-eat form and manufacture vitamin and mineral feed additives.