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Sanki Service (TSE:6044) 3-Year Share Buyback Ratio : -2.70% (As of Nov. 2024)


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What is Sanki Service 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. Sanki Service's current 3-Year Share Buyback Ratio was -2.70%.

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

TSE:6044' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -13.3   Med: -2.25   Max: -0.5
Current: -2.7

During the past 11 years, Sanki Service's highest 3-Year Share Buyback Ratio was -0.50. The lowest was -13.30. And the median was -2.25.

TSE:6044's 3-Year Share Buyback Ratio is ranked worse than
65.2% of 681 companies
in the Business Services industry
Industry Median: -0.7 vs TSE:6044: -2.70

Competitive Comparison of Sanki Service's 3-Year Share Buyback Ratio

For the Specialty Business Services subindustry, Sanki Service'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.


Sanki Service's 3-Year Share Buyback Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sanki Service's 3-Year Share Buyback Ratio distribution charts can be found below:

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


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Sanki Service 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.


Sanki Service  (TSE:6044) 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.


Sanki Service 3-Year Share Buyback Ratio Related Terms

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


Sanki Service Business Description

Traded in Other Exchanges
N/A
Address
576 Address Himeji, Hyogo Prefecture, Japan, JPN, 670-0944 1
Sanki Service Corp provides maintenance services. It operates call centers that provides maintenance services; and provides preventive maintenance services for building equipment, such as air conditioners, electricity systems, kitchen and fire equipment, water supply and sanitation equipment. Geographically it operates through the region of Japan.

Sanki Service Headlines

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