Naigai Tec (TSE:3374) 5-Year Share Buyback Ratio : -4.30% (As of Sep. 2024)

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What is Naigai Tec 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. Naigai Tec's current 5-Year Share Buyback Ratio was -4.30%.

TSE:3374's 5-Year Share Buyback Ratio is ranked worse than
59.66% of 1961 companies
in the Industrial Products industry
Industry Median: -2.6 vs TSE:3374: -4.30

Competitive Comparison of Naigai Tec's 5-Year Share Buyback Ratio

For the Electrical Equipment & Parts subindustry, Naigai Tec'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.

Naigai Tec's 5-Year Share Buyback Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Naigai Tec's 5-Year Share Buyback Ratio distribution charts can be found below:

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

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Naigai Tec 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.

Naigai Tec (TSE:3374) 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.

Naigai Tec 5-Year Share Buyback Ratio Related Terms

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

Naigai Tec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Naigai Tec Corp (TSE:3374) » Definitions » 5-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

11-22, Sangenjaya 2-chome, Setagaya-ku, Tokyo, JPN, 154-0024

Website

http://www.naigaitec.co.jp

Naigai Tec Corp is engaged in electronics parts design, manufacture, logistics, and after-sale service. It sales, purchase, import and export of pneumatic devices, pneumatic application devices, working machines, electric devices, electronic devices, and other tools. It provides its services to Japan, China, and South Korea.

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