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Formosa Electronic Industries (ROCO:8171) Buyback Yield % : -15.58 (As of Jun. 09, 2024)


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What is Formosa Electronic Industries 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.

Formosa Electronic Industries's current buyback yield was -15.58%.


Formosa Electronic Industries Buyback Yield % Historical Data

The historical data trend for Formosa Electronic Industries'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.

* Premium members only.

Formosa Electronic Industries Buyback Yield % Chart

Formosa Electronic Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -11.47 -7.74 -11.82

Formosa Electronic Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Buyback Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.41 -42.50 0.06 -0.39 -0.41

Competitive Comparison of Formosa Electronic Industries's Buyback Yield %

For the Electronic Components subindustry, Formosa Electronic Industries'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.


Formosa Electronic Industries's Buyback Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Formosa Electronic Industries's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Formosa Electronic Industries's Buyback Yield % falls into.



Formosa Electronic Industries Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Formosa Electronic Industries's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (-45.833 + 425.671) / 3212.9603
=-11.82%

Formosa Electronic Industries's annualized Buyback Yield for the quarter that ended in Mar. 2024 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (0 + 3.277) * 4 / 3167.2784
=-0.41%

* 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.

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Mar. 2024) data.


Formosa Electronic Industries Buyback Yield % Related Terms

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Formosa Electronic Industries (ROCO:8171) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Lane 130, Minquan Road, 5th Floor, Xindian District, Taipei Hsien, TWN
Formosa Electronic Industries Inc is engaged in the assembly, processing, manufacturing, trading, agent distribution, and trading of single-string parallel battery modules, mobile power supplies, wireless chargers, green energy battery modules, and distributed energy storage systems. Its other products include wireless chargers, power adapters, accessories, OEM, and green products.

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