VFRM (Veritas Farms) 3-Month Share Buyback Ratio: 0.00% (As of Sep. 2023 )

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VFRM Veritas Farms Inc VFRM
12 GF Score
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What is Veritas Farms 3-Month Share Buyback Ratio?

Veritas Farms VFRM 12 3-Month Share Buyback Ratio is 0.00 as of Sep. 2023. GuruFocus rates VFRM 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. Veritas Farms's current 3-Month Share Buyback Ratio was 0.00%.

Veritas Farms  (OTCPK:VFRM) 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.

Veritas Farms 3-Month Share Buyback Ratio Related Terms

VFRM vs STMH, NXEN, ENDPQ: 3-Month Share Buyback Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Veritas Farms'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.

Veritas Farms 3-Month Share Buyback Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Veritas Farms's 3-Month Share Buyback Ratio distribution charts can be found below:

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


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

Veritas Farms'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. 2023 ) - Shares Outstanding (EOP) (Sep. 2023 )) / Shares Outstanding (EOP) (Jun. 2023 )
=(41.625 - 163.880) / 41.625
=-293.71%

* 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?
Veritas Farms (VFRM) 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 Veritas Farms and its competitors.
Is Veritas Farms' 3-Month Share Buyback Ratio too high?
Veritas Farms' current 3-Month Share Buyback Ratio is 0.00. Overall, Veritas Farms has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Veritas Farms' 3-Month Share Buyback Ratio compare to STMH and NXEN?
Veritas Farms' 3-Month Share Buyback Ratio of 0.00 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good 3-Month Share Buyback Ratio depends on the Drug Manufacturers 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 Veritas Farms and its competitors. Veritas Farms'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 Veritas Farms stock overvalued right now?
Veritas Farms (VFRM) has a current 3-Month Share Buyback Ratio of 0.00. The current 3-Month Share Buyback Ratio is 0.00. Veritas Farms' 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 Veritas Farms (VFRM), 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.

Veritas Farms Business Description

Address 401 E. Las Olas Boulevard, Suite 1400, Fort Lauderdale, FL, USA, 33001
Veritas Farms Inc is engaged in producing natural rich-hemp products, using strict natural protocols and materials yielding broad spectrum phytocannabinoid rich hemp oils, distillates and isolates. Its products include Full Spectrum CBD Tincture, Full Spectrum CBD Salve, Full Spectrum CBD Capsules, Full Spectrum CBD Lotion and Others.
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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