Active Fine Chemicals (DHA:ACTIVEFINE) 3-Month Share Buyback Ratio: 0.00% (As of Mar. 2023 )

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DHA:ACTIVEFINE Active Fine Chemicals Ltd DHA:ACTIVEFINE
10 GF Score
Price BDT6.80
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What is Active Fine Chemicals 3-Month Share Buyback Ratio?

Active Fine Chemicals DHA:ACTIVEFINE 10 3-Month Share Buyback Ratio is 0.00 as of Mar. 2023. GuruFocus rates DHA:ACTIVEFINE with a GF Score™ of 10/100.

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. Active Fine Chemicals's current 3-Month Share Buyback Ratio was 0.00%.

Active Fine Chemicals  (DHA:ACTIVEFINE) 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.

Active Fine Chemicals 3-Month Share Buyback Ratio Related Terms

DHA:ACTIVEFINE vs DOW, CE: 3-Month Share Buyback Ratio Comparison

For the Chemicals subindustry, Active Fine Chemicals'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.

Active Fine Chemicals 3-Month Share Buyback Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Active Fine Chemicals's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Active Fine Chemicals's 3-Month Share Buyback Ratio falls into.


DHA:ACTIVEFINE
10GF Score
Active Fine Chemicals Ltd DHA:ACTIVEFINE
3-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Active Fine Chemicals 3-Month Share Buyback Ratio Calculation

Active Fine Chemicals's 3-Month Share Buyback Ratio for the quarter that ended in Mar. 2023 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Dec. 2022 ) - Shares Outstanding (EOP) (Mar. 2023 )) / Shares Outstanding (EOP) (Dec. 2022 )
=(352.192 - 184.692) / 352.192
=47.56%

* 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?
Active Fine Chemicals (DHA:ACTIVEFINE) has a 3-Month Share Buyback Ratio of 0.00 as of Mar. 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 Active Fine Chemicals and its competitors.
Is Active Fine Chemicals' 3-Month Share Buyback Ratio too high?
Active Fine Chemicals' current 3-Month Share Buyback Ratio is 0.00. Overall, Active Fine Chemicals has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Active Fine Chemicals' 3-Month Share Buyback Ratio compare to DOW and CE?
Active Fine Chemicals' 3-Month Share Buyback Ratio of 0.00 can be compared against companies in the Chemicals 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 a Chemicals company?
A good 3-Month Share Buyback Ratio depends on the Chemicals 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 Active Fine Chemicals and its competitors. Active Fine Chemicals'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 Active Fine Chemicals stock overvalued right now?
Active Fine Chemicals (DHA:ACTIVEFINE) has a current 3-Month Share Buyback Ratio of 0.00. The current 3-Month Share Buyback Ratio is 0.00. Active Fine Chemicals' overall GF Score™ is 10/100. 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 Active Fine Chemicals (DHA:ACTIVEFINE), the current 3-Month Share Buyback Ratio is 0.00 as of Mar. 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.

Active Fine Chemicals Business Description

Address House number 87-89, Road number 04, Block number B, Niketon, Gulshan-1, Dhaka, BGD, 1212
Active Fine Chemicals Ltd is a Bangladesh based chemical company engaged in manufacturing active pharmaceutical ingredients and laboratory reagents. Its product offerings include azithromycin dihydrate, erythromycin ethyl succinate, erythromycin stearate, pantoprazole sodium sesquihydrate, venlafaxine HCL, sitagliptin phosphate monohydrate, and pregabalin. While it also manufactures laboratory reagents including HPLC Grade solvents, solvents, and powder reagents.
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3-Month Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT6.80
Price