Pattech Fitwell Tube Components (NSE:PATTECH) Buyback Yield % : -14.87 (As of Jun. 19, 2024)

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What is Pattech Fitwell Tube Components Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Pattech Fitwell Tube Components's current buyback yield was -14.87%.

Pattech Fitwell Tube Components Buyback Yield % Historical Data

The historical data trend for Pattech Fitwell Tube Components's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pattech Fitwell Tube Components Buyback Yield % Chart

Pattech Fitwell Tube Components Annual Data

Trend

Mar20

Mar21

Mar22

Buyback Yield %

Pattech Fitwell Tube Components Semi-Annual Data
	Mar20	Mar21	Mar22	Sep23
Buyback Yield %	-	-	-	-48.34

Competitive Comparison of Pattech Fitwell Tube Components's Buyback Yield %

For the Steel subindustry, Pattech Fitwell Tube Components's Buyback Yield %, along with its competitors' market caps and Buyback Yield % 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.

Pattech Fitwell Tube Components's Buyback Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Pattech Fitwell Tube Components's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Pattech Fitwell Tube Components's Buyback Yield % falls into.

Pattech Fitwell Tube Components Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Pattech Fitwell Tube Components's Buyback Yield for the fiscal year that ended in Mar. 2022 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (0	+	9.75)	/	0
	=	N/A%

Pattech Fitwell Tube Components's annualized Buyback Yield for the quarter that ended in Sep. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (0	+	120)	*	2	/	496.46016
	=	-48.34%

In calculating the annualized semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Sep. 2023) data.

Pattech Fitwell Tube Components Buyback Yield % Related Terms

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Pattech Fitwell Tube Components (NSE:PATTECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Pattech Fitwell Tube Components Ltd (NSE:PATTECH) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Survey No.873/B/1 Road No:1 Anson Limbani Estate, Near GETCO 66 KV Substation GIDC POR NH-8, Vadodara, GJ, IND, 391243

Website

https://www.pftcpipefittings.com

Pattech Fitwell Tube Components Ltd is engaged in manufacturing pipe fittings, flanges, and various types of forgings and machined components as well as pipe spools and fabrication works for various industries like fertilizers, petrochemical, power, chemical & pharmaceutical, food processing, oil & gas, desalination & water treatment, shipbuilding, defense, fabrication of process equipment, instrumentation.

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