Fenix Resources (FRA:4ER) 5-Year Share Buyback Ratio : -22.70% (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Fenix Resources 5-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

5-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past five years. It is calculated as the annualized percentage change in shares outstanding from five 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. Fenix Resources's current 5-Year Share Buyback Ratio was -22.70%.

FRA:4ER's 5-Year Share Buyback Ratio is ranked worse than
93.23% of 325 companies
in the Steel industry
Industry Median: -1.5 vs FRA:4ER: -22.70

Competitive Comparison of Fenix Resources's 5-Year Share Buyback Ratio

For the Steel subindustry, Fenix Resources's 5-Year Share Buyback Ratio, along with its competitors' market caps and 5-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.

Fenix Resources's 5-Year Share Buyback Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Fenix Resources's 5-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Fenix Resources's 5-Year Share Buyback Ratio falls into.

Save Embed

;

Save Embed

;

Fenix Resources 5-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from five years ago to the current year. The annualized percentage change is calculated with least-square regression based on the latest six 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.

Fenix Resources (FRA:4ER) 5-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.

Fenix Resources 5-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Fenix Resources's 5-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Fenix Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Fenix Resources Ltd (FRA:4ER) » Definitions » 5-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

FEX:Australia

Address

1 Spring Street, Level 33, Perth, WA, AUS, 6000

Website

https://www.fenixresources.com.au

Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has three reportable segments: the Mining, Logistics and Port Services businesses. The majority of the revenue is generated from Mining segment which consists of exploration, development and mining of mineral tenements across Western Australia's Mid-West. The logistics segment involves provision of high-quality bulk commodity road and rail haulage logistics solutions to service both Fenix operations as well as third-party customers. The Port Services segment consists of provision of in-loading access via truck or rail for secure storage at Fenix on wharf storage facilities (comprising 3 sheds) at Geraldton Port and offering direct ship loading access and services.

Fenix Resources Headlines

No Headlines