Global Testing (SGX:AYN) Buyback Yield %: 0.87 (As of Aug. 16, 2026) — 76% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:AYN Global Testing Corp Ltd SGX:AYN
73 GF Score
Price S$1.21
GF Value S$1.16
Valuation Fairly Valued
View Full Analysis

What is Global Testing Buyback Yield %?

Global Testing SGX:AYN 73 Buyback Yield % is 0.87 as of Aug. 16, 2026, which is 76% below its 10-year median of 3.65. GuruFocus rates SGX:AYN with a GF Score™ of 73/100 and a GF Value™ of S$1.16 (Fairly Valued). Among 296 Semiconductors companies, Global Testing ranks better than 86.49% on this metric.

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

Global Testing's current buyback yield was 0.87%.


Global Testing Buyback Yield % Historical Data

* Premium members only.

The historical data trend for Global Testing'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.

Global Testing Buyback Yield % Chart

Global Testing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.79 0.07 3.65 0.79

Global Testing Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.07 -3.27 3.65 0.28 0.79

SGX:AYN vs AMAT, LRCX, KLAC: Buyback Yield % Comparison

For the Semiconductor Equipment & Materials subindustry, Global Testing'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.


Global Testing Buyback Yield % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Global Testing's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Global Testing's Buyback Yield % falls into.


SGX:AYN
73GF Score
Global Testing Corp Ltd SGX:AYN
Buyback Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Testing Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Global Testing's Buyback Yield for the fiscal year that ended in Dec. 2025 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (-0.351 + 0) / 44.35816
=0.79%

Global Testing's annualized Buyback Yield for the quarter that ended in Dec. 2025 is calculated as

Buyback Yield=Net Issuance of Stock(TTM) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) (TTM)** / Market Cap
=- (-0.351 + 0) / 44.35816
=0.79%

* 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.

** If the quarter corresponds to the year-end period, we will use the annual Repurchase of Stock and Issuance of Stock data .

Frequently Asked Questions Learn more about Buyback Yield % →
What does a Buyback Yield % of 0.87 mean?
Global Testing (SGX:AYN) has a Buyback Yield % of 0.87 as of Aug. 16, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Global Testing and its competitors. This is 76% below median its historical median of 3.65. According to the industry distribution chart, Global Testing ranks #40 out of 296 companies in the Semiconductors industry, placing it in the top 13.5%.
Is Global Testing's Buyback Yield % too high?
Global Testing's current Buyback Yield % of 0.87 is 76% below median its 10-year median of 3.65. Based on the distribution chart, Global Testing ranks #40 out of 296 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Global Testing has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Testing's Buyback Yield % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Global Testing ranks #40 out of 296 companies for Buyback Yield %. This places Global Testing in the top 14% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for a Semiconductors company?
A good Buyback Yield % depends on the Semiconductors industry context. However, Buyback Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Global Testing and its competitors. Global Testing's current Buyback Yield % is 0.87, which is 76% below median its own 10-year median of 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Testing stock overvalued right now?
Based on GuruFocus' analysis, Global Testing (SGX:AYN) is currently considered Fairly Valued. The stock's GF Value™ is S$1.16, compared to a current price of S$1.21 — trading 4.3% above its estimated fair value. The current Buyback Yield % is 0.87, which is 76% below median its 10-year median of 3.65. Global Testing's overall GF Score™ is 73/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For Global Testing (SGX:AYN), the current Buyback Yield % is 0.87 as of Aug. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Global Testing (SGX:AYN) Overvalued in 2026?

Based on GuruFocus' analysis, Global Testing stock appears to be overvalued. The current stock price of S$1.21 is trading 4.3% above its estimated GF Value™ of S$1.16. GuruFocus considers Global Testing to be Fairly Valued.

Key valuation signals for SGX:AYN:

  • Buyback Yield %: 0.87 (76% below median its 10-year median of 3.65)
  • GF Value™: S$1.16 vs. price of S$1.21 (4.3% above fair value)
  • GF Score™: 73/100

No single metric tells the full story. See the SGX:AYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Testing Business Description

Address No. 75 Guangfu Road, Hu-Kou, Hsin-Chu Industrial Park, Hsin-Chu, TWN, 303
Global Testing Corp Ltd is engaged in providing testing services. The group provides testing services such as wafer sorting and final testing to the semiconductor industry, focusing on logic and mixed-signal semiconductors used in consumer electronics and communication devices. As part of its testing services, it provides test program development, conversion and optimization services, load board and probe card design, and leases its testers to its customers for trial and pilot testing purposes on an ad hoc basis. Geographically the business presence of the company is seen across the region of Singapore, the USA, Taiwan, Thailand, China, Japan, and other countries.
73GF Score

Get the complete analysis for SGX:AYN

Buyback Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$1.21
Price
S$1.16
GF Value