NICH (Nitches) 3-Month Share Buyback Ratio: 0.00% (As of Aug. 2024 )

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NICH Nitches Inc NICH
12 GF Score
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What is Nitches 3-Month Share Buyback Ratio?

Nitches NICH 12 3-Month Share Buyback Ratio is 0.00 as of Aug. 2024. GuruFocus rates NICH 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. Nitches's current 3-Month Share Buyback Ratio was 0.00%.

Nitches  (OTCPK:NICH) 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.

Nitches 3-Month Share Buyback Ratio Related Terms

NICH vs DLAPQ, RL, LEVI: 3-Month Share Buyback Ratio Comparison

For the Apparel Manufacturing subindustry, Nitches'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.

Nitches 3-Month Share Buyback Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitches's 3-Month Share Buyback Ratio distribution charts can be found below:

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


NICH
12GF Score
Nitches Inc NICH
3-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitches 3-Month Share Buyback Ratio Calculation

Nitches's 3-Month Share Buyback Ratio for the quarter that ended in Aug. 2024 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (May. 2024 ) - Shares Outstanding (EOP) (Aug. 2024 )) / Shares Outstanding (EOP) (May. 2024 )
=(0.016 - 2.022) / 0.016
=-12,537.50%

* 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?
Nitches (NICH) has a 3-Month Share Buyback Ratio of 0.00 as of Aug. 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 Nitches and its competitors.
Is Nitches' 3-Month Share Buyback Ratio too high?
Nitches' current 3-Month Share Buyback Ratio is 0.00. Overall, Nitches has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nitches' 3-Month Share Buyback Ratio compare to DLAPQ and RL?
Nitches' 3-Month Share Buyback Ratio of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good 3-Month Share Buyback Ratio depends on the Manufacturing - Apparel & Accessories 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 Nitches and its competitors. Nitches'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 Nitches stock overvalued right now?
Nitches (NICH) has a current 3-Month Share Buyback Ratio of 0.00. The current 3-Month Share Buyback Ratio is 0.00. Nitches' 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 Nitches (NICH), the current 3-Month Share Buyback Ratio is 0.00 as of Aug. 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.

Nitches Business Description

Address 1333 North Buffalo Drive, Unit 210, Las Vegas, NV, USA, 89128
Nitches Inc is a company engaged in the production and distribution of household goods, lifestyle products, travel and leisure items, sports goods, and clothing. The company works with retailers to develop clothing lines and also develops its own lines under multiple registered trademarks. Majority of its clothing products are manufactured overseas and imported in bulk for sorting, packing, and distribution in the United States. Nitches serves a wide retail network, including department stores and specialty retailers, and generates revenue prominently through wholesale distribution of its apparel and related goods. The company white-labels its manufactured products under the brand names of Social Media Partners and distributes them in an online department store.
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.

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