NTXVF (Nexteer Automotive Group) 3-Year Share Buyback Ratio : 0.00% (As of Dec. 2024)

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What is Nexteer Automotive Group 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. Nexteer Automotive Group's current 3-Year Share Buyback Ratio was 0.00%.

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

During the past 13 years, Nexteer Automotive Group's highest 3-Year Share Buyback Ratio was -0.10%. The lowest was -0.10%. And the median was -0.10%.

NTXVF's 3-Year Share Buyback Ratio is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: -1.3
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Competitive Comparison of Nexteer Automotive Group's 3-Year Share Buyback Ratio

For the Auto Parts subindustry, Nexteer Automotive Group'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.

Nexteer Automotive Group's 3-Year Share Buyback Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nexteer Automotive Group's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Nexteer Automotive Group's 3-Year Share Buyback Ratio falls into.

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Nexteer Automotive Group 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.

Nexteer Automotive Group (OTCPK:NTXVF) 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.

Nexteer Automotive Group 3-Year Share Buyback Ratio Related Terms

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

Nexteer Automotive Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nexteer Automotive Group Ltd (OTCPK:NTXVF) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

01316:Hong Kong 8NX:Germany

Address

1272 Doris Road, Auburn Hills, MI, USA, 48326

Website

https://www.nexteer.com

Nexteer Automotive Group Ltd offers advanced steering and driveline systems. The company's customers are automakers like BMW, Fiat Chrysler, Ford, GM, and Toyota, as well as automakers in India, South America, and China. The business units are electric power steering, hydraulic power steering, steering columns, driveline, and half shafts. The electric power steering includes columns, an intermediate shaft, and steering gear, EPS motors, sensors, controllers, and assist mechanisms. The Group classifies its businesses into three reportable segments: North America, Asia Pacific, and Europe, Middle East, Africa and South America (EMEASA). All of the Group's operating segments typically offer the same steering and driveline products, the majority are derived from North America.