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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Dexus Industria REIT's current 3-Year Share Buyback Ratio was 0.00%.
The historical rank and industry rank for Dexus Industria REIT's 3-Year Share Buyback Ratio or its related term are showing as below:
During the past 12 years, Dexus Industria REIT's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was -19.80%. And the median was -10.00%.
ASX:DXI's 3-Year Share Buyback Ratio is not ranked *
in the REITs industry.
Industry Median: -2.9 * Ranked among companies with meaningful 3-Year Share Buyback Ratio only.
Dexus Industria REIT (ASX:DXI) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
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.
Dexus Industria REIT 3-Year Share Buyback Ratio Related Terms
ASX:DXI vs PLD, PSA, EXR: 3-Year Share Buyback Ratio Comparison
For the REIT - Industrial subindustry, Dexus Industria REIT's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year 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.
Dexus Industria REIT 3-Year Share Buyback Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Dexus Industria REIT's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Dexus Industria REIT's 3-Year Share Buyback Ratio falls into.
Dexus Industria REIT 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 0.00 mean?
Dexus Industria REIT (ASX:DXI) has a 3-Year Share Buyback Ratio of 0.00 as of Dec. 2025. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Dexus Industria REIT and its competitors. According to the industry distribution chart, Dexus Industria REIT ranks #999999 out of 600 companies in the REITs industry.
Is Dexus Industria REIT's 3-Year Share Buyback Ratio too high?
Dexus Industria REIT's current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, Dexus Industria REIT ranks #999999 out of 600 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Dexus Industria REIT has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dexus Industria REIT's 3-Year Share Buyback Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Dexus Industria REIT ranks #999999 out of 600 companies for 3-Year Share Buyback Ratio. This places Dexus Industria REIT in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a REITs company?
A good 3-Year Share Buyback Ratio depends on the REITs industry context. However, 3-Year 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-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Dexus Industria REIT and its competitors. Dexus Industria REIT's current 3-Year 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 Dexus Industria REIT stock overvalued right now?
Based on GuruFocus' analysis, Dexus Industria REIT (ASX:DXI) is currently considered Modestly Undervalued. The stock's GF Value™ is A$2.67, compared to a current price of A$2.35 — trading 12% below its estimated fair value. The current 3-Year Share Buyback Ratio is 0.00. Dexus Industria REIT's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Dexus Industria REIT (ASX:DXI), the current 3-Year Share Buyback Ratio is 0.00 as of Dec. 2025. 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 Dexus Industria REIT (ASX:DXI) Overvalued in 2026?
Based on GuruFocus' analysis, Dexus Industria REIT stock appears to be undervalued.
The current stock price of A$2.35 is trading 12% below its estimated GF Value™ of A$2.67.
GuruFocus considers Dexus Industria REIT to be Modestly Undervalued.
Key valuation signals for ASX:DXI:
3-Year Share Buyback Ratio: 0.00
GF Value™: A$2.67 vs. price of A$2.35 (12% below fair value)
No single metric tells the full story. See the ASX:DXI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dexus Industria REIT acts as an income pass-through investment vehicle. It owns a portfolio of industrial properties and passes the rent generated from leasing out these properties to securityholders. The jewel in the crown is the Jandakot precinct in Western Australia, which accounts for a third of the portfolio's total book value. The rest of the assets are predominantly located in Victoria and New South Wales. The REIT also has a small development pipeline.Dexus Industria was rebranded from APN Industria REIT in 2021, as a result of Dexus' acquisition of APN Property Group. Following the rebrand, Dexus Industria has divested its business parks and transitioned to a pure play industrial REIT. Dexus Industria is externally managed by Dexus, which holds a 18% stake in the REIT.
68GF Score
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