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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten 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. Elecon Engineering Co's current 10-Year Share Buyback Ratio was -0.10%.
NSE:ELECON's 10-Year Share Buyback Ratio is ranked better than 77.06% of 1805
companies
in the Industrial Products industry
Industry Median: -1.9
vs NSE:ELECON: -0.10
Elecon Engineering Co (NSE:ELECON) 10-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.
Elecon Engineering Co 10-Year Share Buyback Ratio Related Terms
NSE:ELECON vs GEV, ETN, PH: 10-Year Share Buyback Ratio Comparison
For the Specialty Industrial Machinery subindustry, Elecon Engineering Co's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-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.
Elecon Engineering Co 10-Year Share Buyback Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elecon Engineering Co's 10-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Elecon Engineering Co's 10-Year Share Buyback Ratio falls into.
Elecon Engineering Co 10-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven 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.
What does a 10-Year Share Buyback Ratio of -0.10 mean?
Elecon Engineering Co (NSE:ELECON) has a 10-Year Share Buyback Ratio of -0.10 as of Jun. 2026. The 10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. View historical data for Elecon Engineering Co and its competitors. According to the industry distribution chart, Elecon Engineering Co ranks #414 out of 1805 companies in the Industrial Products industry, placing it in the top 22.9%.
Is Elecon Engineering Co's 10-Year Share Buyback Ratio too high?
Elecon Engineering Co's current 10-Year Share Buyback Ratio is -0.10. Based on the distribution chart, Elecon Engineering Co ranks #414 out of 1805 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Elecon Engineering Co has a GF Score™ of 94/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's 10-Year Share Buyback Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elecon Engineering Co ranks #414 out of 1805 companies for 10-Year Share Buyback Ratio. This places Elecon Engineering Co in the top 23% 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 10-Year Share Buyback Ratio for an Industrial Products company?
A good 10-Year Share Buyback Ratio depends on the Industrial Products industry context. However, 10-Year Share 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 10-Year Share Buyback Ratio mean?
A high 10-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. View historical data for Elecon Engineering Co and its competitors. Elecon Engineering Co's current 10-Year Share Buyback Ratio is -0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (NSE:ELECON) is currently considered Possible Value Trap. The stock's GF Value™ is ₹658.42, compared to a current price of ₹419.40 — trading 36.3% below its estimated fair value. The current 10-Year Share Buyback Ratio is -0.10. Elecon Engineering Co's overall GF Score™ is 94/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year Share Buyback Ratio calculated?
10-Year Share Buyback Ratio is calculated from a company's financial statements. For Elecon Engineering Co (NSE:ELECON), the current 10-Year Share Buyback Ratio is -0.10 as of Jun. 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 Elecon Engineering Co (NSE:ELECON) Overvalued in 2026?
Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued.
The current stock price of ₹419.40 is trading 36.3% below its estimated GF Value™ of ₹658.42.
GuruFocus considers Elecon Engineering Co to be Possible Value Trap.
Key valuation signals for NSE:ELECON:
10-Year Share Buyback Ratio: -0.10
GF Value™: ₹658.42 vs. price of ₹419.40 (36.3% below fair value)
No single metric tells the full story. See the NSE:ELECON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
94GF Score
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10-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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