LEVGQ (The Lion Electric Co) 3-Month Share Buyback Ratio: 0.00% (As of Sep. 2024 )

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LEVGQ The Lion Electric Co LEVGQ
12 GF Score
Price $0.02
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What is The Lion Electric Co 3-Month Share Buyback Ratio?

The Lion Electric Co LEVGQ 12 3-Month Share Buyback Ratio is 0.00 as of Sep. 2024. GuruFocus rates LEVGQ with a GF Score™ of 12/100.

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. The Lion Electric Co's current 3-Month Share Buyback Ratio was 0.00%.

The Lion Electric Co  (OTCPK:LEVGQ) 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.

The Lion Electric Co 3-Month Share Buyback Ratio Related Terms

LEVGQ vs UGRO, NKLAQ, ARTW: 3-Month Share Buyback Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, The Lion Electric Co'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.

The Lion Electric Co 3-Month Share Buyback Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, The Lion Electric Co's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where The Lion Electric Co's 3-Month Share Buyback Ratio falls into.


LEVGQ
12GF Score
The Lion Electric Co LEVGQ
3-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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The Lion Electric Co 3-Month Share Buyback Ratio Calculation

The Lion Electric Co's 3-Month Share Buyback Ratio for the quarter that ended in Sep. 2024 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2024 ) - Shares Outstanding (EOP) (Sep. 2024 )) / Shares Outstanding (EOP) (Jun. 2024 )
=(226.218 - 226.218) / 226.218
=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?
The Lion Electric Co (LEVGQ) has a 3-Month Share Buyback Ratio of 0.00 as of Sep. 2024. 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 The Lion Electric Co and its competitors.
Is The Lion Electric Co's 3-Month Share Buyback Ratio too high?
The Lion Electric Co's current 3-Month Share Buyback Ratio is 0.00. Overall, The Lion Electric Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Lion Electric Co's 3-Month Share Buyback Ratio compare to UGRO and NKLAQ?
The Lion Electric Co's 3-Month Share Buyback Ratio of 0.00 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good 3-Month Share Buyback Ratio depends on the Farm & Heavy Construction Machinery 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 The Lion Electric Co and its competitors. The Lion Electric Co'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 The Lion Electric Co stock overvalued right now?
The Lion Electric Co (LEVGQ) has a current 3-Month Share Buyback Ratio of 0.00. The current 3-Month Share Buyback Ratio is 0.00. The Lion Electric Co's overall GF Score™ is 12/100. 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 The Lion Electric Co (LEVGQ), the current 3-Month Share Buyback Ratio is 0.00 as of Sep. 2024. 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.

The Lion Electric Co Business Description

Address 921 chemin de la Riviere-du-Nord, Saint-Jerome, QC, CAN, J7Y 5G2
The Lion Electric Co. includes designing, developing, manufacturing and distributing purpose-built all-electric medium and heavy-duty urban vehicles including battery systems, chassis, bus bodies and truck cabins. The Group also distributes truck and bus parts and accessories. The Group has one reportable operating segment, the manufacturing and sales of electric vehicles in Canada and in the United States. Geographically, the majority of revenue is generated from Canada.
12GF Score

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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.

$0.02
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