ALTX (Altex Industries) Shares Buyback Ratio %: 0.37 (As of Sep. 01, 2026)

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ALTX Altex Industries Inc ALTX
24 GF Score
Price $0.17
GF Value $0.23
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Altex Industries Shares Buyback Ratio %?

Altex Industries ALTX 24 Shares Buyback Ratio % is 0.37 as of Sep. 01, 2026. GuruFocus rates ALTX with a GF Score™ of 24/100 and a GF Value™ of $0.23 (Modestly Undervalued). The stock has 4 warning signs investors should review.

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

GuruFocus calculates shares buyback ratio using previous shares outstanding minus the current shares outstanding, and then divides by previous shares outstanding. Altex Industries's current shares buyback ratio was 0.37%.

Altex Industries Shares Buyback Ratio % Related Terms

Altex Industries Shares Buyback Ratio % Historical Data

* Premium members only.

The historical data trend for Altex Industries's Shares Buyback Ratio % 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.

Altex Industries Shares Buyback Ratio % Chart

Altex Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shares Buyback Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.00 5.52 1.04 0.37

Altex Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shares Buyback Ratio % 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 0.00 0.37 0.00 0.00 0.00
ALTX
24GF Score
Altex Industries Inc ALTX
Shares Buyback Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
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Altex Industries Shares Buyback Ratio % Calculation

Altex Industries's Shares Buyback Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Sep. 2024 ) - Shares Outstanding (EOP) (A: Sep. 2025 )) / Shares Outstanding (EOP) (A: Sep. 2024 )
=(11.230 - 11.188) / 11.230
=0.37%

Altex Industries's Shares Buyback Ratio for the quarter that ended in Jun. 2026 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Mar. 2026 ) - Shares Outstanding (EOP) (A: Jun. 2026 )) / Shares Outstanding (EOP) (A: Mar. 2026 )
=(11.188 - 11.188) / 11.188
=0.00%

* 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.

Frequently Asked Questions Learn more about Shares Buyback Ratio % →
What does a Shares Buyback Ratio % of 0.37 mean?
Altex Industries (ALTX) has a Shares Buyback Ratio % of 0.37 as of Sep. 01, 2026. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on Altex Industries and its competitors.
Is Altex Industries' Shares Buyback Ratio % too high?
Altex Industries' current Shares Buyback Ratio % is 0.37. Overall, Altex Industries has a GF Score™ of 24/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Altex Industries' Shares Buyback Ratio % compare to CRCE and FECOF?
Altex Industries' Shares Buyback Ratio % of 0.37 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Buyback Ratio % for an Oil & Gas company?
A good Shares Buyback Ratio % depends on the Oil & Gas industry context. However, Shares Buyback Ratio % 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 Shares Buyback Ratio % mean?
A high Shares Buyback Ratio % can signal that a stock is expensive relative to its fundamentals. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on Altex Industries and its competitors. Altex Industries's current Shares Buyback Ratio % is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altex Industries stock overvalued right now?
Based on GuruFocus' analysis, Altex Industries (ALTX) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.23, compared to a current price of $0.17 — trading 26.1% below its estimated fair value. The current Shares Buyback Ratio % is 0.37. Altex Industries' overall GF Score™ is 24/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Buyback Ratio % calculated?
Shares Buyback Ratio % is calculated from a company's financial statements. For Altex Industries (ALTX), the current Shares Buyback Ratio % is 0.37 as of Sep. 01, 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 Altex Industries (ALTX) Overvalued in 2026?

Based on GuruFocus' analysis, Altex Industries stock appears to be undervalued. The current stock price of $0.17 is trading 26.1% below its estimated GF Value™ of $0.23. GuruFocus considers Altex Industries to be Modestly Undervalued.

Key valuation signals for ALTX:

  • Shares Buyback Ratio %: 0.37
  • GF Value™: $0.23 vs. price of $0.17 (26.1% below fair value)
  • GF Score™: 24/100 with 4 warning signs

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

Altex Industries Business Description

Industry EnergyOil & Gas
Address 700 Colorado Boulevard, Suite 273, Denver, CO, USA, 80206-4084
Altex Industries Inc. is a USA-based holding company. Through its wholly-owned subsidiary, it owns interests in productive onshore oil and gas properties, has bought and sold producing oil and gas properties, and has participated in the drilling of exploratory and development wells, and the completion of existing wells in Utah and Wyoming. The Company's revenue is from sales of oil and gas production, interest income, and, occasionally, bonus payments for mineral leases.
24GF Score

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

$0.17
Price
$0.23
GF Value