Electro Cable Egypt (CAI:ELEC) 3-Month Share Buyback Ratio: 0.00% (As of Jun. 2023 )

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CAI:ELEC Electro Cable Egypt CAI:ELEC
8 GF Score
Price E£2.11
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What is Electro Cable Egypt 3-Month Share Buyback Ratio?

Electro Cable Egypt CAI:ELEC +0.48% 8 3-Month Share Buyback Ratio is 0.00 as of Jun. 2023. GuruFocus rates CAI:ELEC with a GF Score™ of 8/100.

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

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Electro Cable Egypt's current 3-Month Share Buyback Ratio was 0.00%.

Electro Cable Egypt  (CAI:ELEC) 3-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

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.

Electro Cable Egypt 3-Month Share Buyback Ratio Related Terms

Electro Cable Egypt 3-Month Share Buyback Ratio Competitor Comparison

For the Electrical Equipment & Parts subindustry, Electro Cable Egypt's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month 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.

Electro Cable Egypt 3-Month Share Buyback Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Electro Cable Egypt's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Electro Cable Egypt's 3-Month Share Buyback Ratio falls into.


CAI:ELEC
8GF Score
Electro Cable Egypt CAI:ELEC
3-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Electro Cable Egypt 3-Month Share Buyback Ratio Calculation

Electro Cable Egypt's 3-Month Share Buyback Ratio for the quarter that ended in Jun. 2023 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Mar. 2023 ) - Shares Outstanding (EOP) (Jun. 2023 )) / Shares Outstanding (EOP) (Mar. 2023 )
=(3557.237 - 3557.237) / 3557.237
=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.

What does a 3-Month Share Buyback Ratio of 0.00 mean?
Electro Cable Egypt (CAI:ELEC) has a 3-Month Share Buyback Ratio of 0.00 as of Jun. 2023. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Electro Cable Egypt and its competitors.
Is Electro Cable Egypt's 3-Month Share Buyback Ratio too high?
Electro Cable Egypt's current 3-Month Share Buyback Ratio is 0.00. Overall, Electro Cable Egypt has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Electro Cable Egypt's 3-Month Share Buyback Ratio compare to competitors?
Electro Cable Egypt's 3-Month Share Buyback Ratio of 0.00 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Month Share Buyback Ratio for an Industrial Products company?
A good 3-Month Share Buyback Ratio depends on the Industrial Products industry context. However, 3-Month 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 3-Month Share Buyback Ratio mean?
A high 3-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Electro Cable Egypt and its competitors. Electro Cable Egypt's current 3-Month Share Buyback Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electro Cable Egypt stock overvalued right now?
Electro Cable Egypt (CAI:ELEC) has a current 3-Month Share Buyback Ratio of 0.00. The current 3-Month Share Buyback Ratio is 0.00. Electro Cable Egypt's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Month Share Buyback Ratio calculated?
3-Month Share Buyback Ratio is calculated from a company's financial statements. For Electro Cable Egypt (CAI:ELEC), the current 3-Month Share Buyback Ratio is 0.00 as of Jun. 2023. 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.

Electro Cable Egypt Business Description

Address Ismaellia Canal Road, Km 4.6,6 th October Road, Mostorod Industrial Zone, Qualubia Governorate, Cairo, EGY
Electro Cable Egypt manufactures and markets power cables and telecommunication cables. Its products portfolio includes Enamelled Copper Wires, Overhead Bare Conductors, Telephone Wires and Cables and others.
8GF Score

Get the complete analysis for CAI:ELEC

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

E£2.11
Price