Refex Industries (NSE:REFEX) 3-Month Share Buyback Ratio: -0.05% (As of Mar. 2026 )

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NSE:REFEX Refex Industries Ltd NSE:REFEX
90 GF Score
Price ₹322.10
GF Value ₹294.41
Valuation Fairly Valued
! 6 Warning Signs
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What is Refex Industries 3-Month Share Buyback Ratio?

Refex Industries NSE:REFEX -4.07% 90 3-Month Share Buyback Ratio is -0.05 as of Mar. 2026. GuruFocus rates NSE:REFEX with a GF Score™ of 90/100 and a GF Value™ of ₹294.41 (Fairly Valued). The stock has 6 warning signs investors should review.

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. Refex Industries's current 3-Month Share Buyback Ratio was -0.05%.

Refex Industries  (NSE:REFEX) 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.

Refex Industries 3-Month Share Buyback Ratio Related Terms

Refex Industries 3-Month Share Buyback Ratio Competitor Comparison

For the Thermal Coal subindustry, Refex Industries'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.

Refex Industries 3-Month Share Buyback Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Refex Industries's 3-Month Share Buyback Ratio distribution charts can be found below:

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


NSE:REFEX
90GF Score
Refex Industries Ltd NSE:REFEX
3-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Refex Industries 3-Month Share Buyback Ratio Calculation

Refex Industries's 3-Month Share Buyback Ratio for the quarter that ended in Mar. 2026 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Dec. 2025 ) - Shares Outstanding (EOP) (Mar. 2026 )) / Shares Outstanding (EOP) (Dec. 2025 )
=(137.130 - 137.199) / 137.130
=-0.05%

* 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 -0.05 mean?
Refex Industries (NSE:REFEX) has a 3-Month Share Buyback Ratio of -0.05 as of Mar. 2026. 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 Refex Industries and its competitors.
Is Refex Industries' 3-Month Share Buyback Ratio too high?
Refex Industries' current 3-Month Share Buyback Ratio is -0.05. Overall, Refex Industries has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Refex Industries' 3-Month Share Buyback Ratio compare to competitors?
Refex Industries' 3-Month Share Buyback Ratio of -0.05 can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good 3-Month Share Buyback Ratio depends on the Other Energy Sources 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 Refex Industries and its competitors. Refex Industries's current 3-Month Share Buyback Ratio is -0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refex Industries stock overvalued right now?
Based on GuruFocus' analysis, Refex Industries (NSE:REFEX) is currently considered Fairly Valued. The stock's GF Value™ is ₹294.41, compared to a current price of ₹322.10 — trading 9.4% above its estimated fair value. The current 3-Month Share Buyback Ratio is -0.05. Refex Industries' overall GF Score™ is 90/100 with 6 warning signs to review. 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 Refex Industries (NSE:REFEX), the current 3-Month Share Buyback Ratio is -0.05 as of Mar. 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 Refex Industries (NSE:REFEX) Overvalued in 2026?

Based on GuruFocus' analysis, Refex Industries stock appears to be overvalued. The current stock price of ₹322.10 is trading 9.4% above its estimated GF Value™ of ₹294.41. GuruFocus considers Refex Industries to be Fairly Valued.

Key valuation signals for NSE:REFEX:

  • 3-Month Share Buyback Ratio: -0.05
  • GF Value™: ₹294.41 vs. price of ₹322.10 (9.4% above fair value)
  • GF Score™: 90/100 with 6 warning signs

No single metric tells the full story. See the NSE:REFEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Refex Industries Business Description

Other Exchanges 532884:India
Address Refex Building, 67, Bazullah Road, Parthasarathy Puram, T Nagar, Chennai, TN, IND, 600017
Refex Industries Ltd is a manufacturer and refiller of refrigerant gases. The company's operating segment includes Coal & Ash Handling Business, Solar Power - Generation and Related Activities, Refrigerant Gas- (Refilling) and Sales, Sale Of Services, Power Trading, and Others. Geographically, the business activities are operated throughout the region of India.
90GF 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.

₹322.10
Price
₹294.41
GF Value