QBAK (Qualstar) 3-Month Share Buyback Ratio: 0.00% (As of Sep. 2023 )

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QBAK Qualstar Corp QBAK
12 GF Score
Price $2.15
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What is Qualstar 3-Month Share Buyback Ratio?

Qualstar QBAK -12.24% 12 3-Month Share Buyback Ratio is 0.00 as of Sep. 2023. GuruFocus rates QBAK 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. Qualstar's current 3-Month Share Buyback Ratio was 0.00%.


Qualstar  (OTCPK:QBAK) 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.


Qualstar 3-Month Share Buyback Ratio Related Terms


QBAK vs POLA, OZSC, XPON: 3-Month Share Buyback Ratio Comparison

For the Electrical Equipment & Parts subindustry, Qualstar'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.


Qualstar 3-Month Share Buyback Ratio vs Industrial Products Industry

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

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


QBAK
12GF Score
Qualstar Corp QBAK
3-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualstar 3-Month Share Buyback Ratio Calculation

Qualstar's 3-Month Share Buyback Ratio for the quarter that ended in Sep. 2023 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2099 ) - Shares Outstanding (EOP) (Sep. 2023 )) / Shares Outstanding (EOP) (Jun. 2099 )
=(6.082 - 4.719) / 6.082
=22.41%

* 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?
Qualstar (QBAK) has a 3-Month Share Buyback Ratio of 0.00 as of Sep. 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 Qualstar and its competitors.
Is Qualstar's 3-Month Share Buyback Ratio too high?
Qualstar's current 3-Month Share Buyback Ratio is 0.00. Overall, Qualstar has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Qualstar's 3-Month Share Buyback Ratio compare to POLA and OZSC?
Qualstar'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 Qualstar and its competitors. Qualstar'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 Qualstar stock overvalued right now?
Qualstar (QBAK) has a current 3-Month Share Buyback Ratio of 0.00. The current 3-Month Share Buyback Ratio is 0.00. Qualstar'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 Qualstar (QBAK), the current 3-Month Share Buyback Ratio is 0.00 as of Sep. 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.

Qualstar Business Description

Address 1267 Flynn Road, Suite 105, Camarillo, CA, USA, 93012
Qualstar Corp is a U.S.-based provider of data storage systems marketed under the Qualstar brand and power solutions marketed under the N2Power brand. The company operates through the Data Storage segment, which generates the majority of its revenue. It manufactures automated magnetic tape libraries to store, retrieve, and manage electronic data for archive, backup, and recovery, and provides technical customer support services. The Power Supplies segment designs and markets high-efficiency switching power supplies for electronic equipment. The company utilizes contract manufacturers in Asia and sells its products globally through authorized resellers and directly to OEMs. It operates in North America, Europe, Asia Pacific, and others, with the majority of its revenue from North America.
12GF Score

Get the complete analysis for QBAK

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

$2.15
Price