London City Equities (ASX:LCE) 3-Year Share Buyback Ratio: -0.70% (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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ASX:LCE London City Equities Ltd ASX:LCE
58 GF Score
Price A$0.85
GF Value A$1.11
Valuation Modestly Undervalued
! 3 Warning Signs
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What is London City Equities 3-Year Share Buyback Ratio?

London City Equities ASX:LCE 58 3-Year Share Buyback Ratio is -0.70 as of Dec. 2025. GuruFocus rates ASX:LCE with a GF Score™ of 58/100 and a GF Value™ of A$1.11 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,143 Asset Management companies, London City Equities ranks better than 50.83% on this metric.

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. London City Equities's current 3-Year Share Buyback Ratio was -0.70%.

The historical rank and industry rank for London City Equities's 3-Year Share Buyback Ratio or its related term are showing as below:

ASX:LCE' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -20.5   Med: -1.4   Max: 19.9
Current: -0.7

During the past 13 years, London City Equities's highest 3-Year Share Buyback Ratio was 19.90%. The lowest was -20.50%. And the median was -1.40%.

ASX:LCE's 3-Year Share Buyback Ratio is ranked better than
50.83% of 1143 companies
in the Asset Management industry
Industry Median: -0.8 vs ASX:LCE: -0.70

London City Equities (ASX:LCE) 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.


London City Equities 3-Year Share Buyback Ratio Related Terms


ASX:LCE vs BLK, BX, KKR: 3-Year Share Buyback Ratio Comparison

For the Asset Management subindustry, London City Equities'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.


London City Equities 3-Year Share Buyback Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, London City Equities's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where London City Equities's 3-Year Share Buyback Ratio falls into.


ASX:LCE
58GF Score
London City Equities Ltd ASX:LCE
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

London City Equities 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 -0.70 mean?
London City Equities (ASX:LCE) has a 3-Year Share Buyback Ratio of -0.70 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 London City Equities and its competitors. According to the industry distribution chart, London City Equities ranks #562 out of 1143 companies in the Asset Management industry, placing it in the top 49.2%.
Is London City Equities' 3-Year Share Buyback Ratio too high?
London City Equities' current 3-Year Share Buyback Ratio is -0.70. Based on the distribution chart, London City Equities ranks #562 out of 1143 companies in the Asset Management industry, which is above the industry midpoint. Overall, London City Equities has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does London City Equities' 3-Year Share Buyback Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, London City Equities ranks #562 out of 1143 companies for 3-Year Share Buyback Ratio. This puts London City Equities in the upper 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 an Asset Management company?
A good 3-Year Share Buyback Ratio depends on the Asset Management 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 London City Equities and its competitors. London City Equities's current 3-Year Share Buyback Ratio is -0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London City Equities stock overvalued right now?
Based on GuruFocus' analysis, London City Equities (ASX:LCE) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.11, compared to a current price of A$0.85 — trading 23.4% below its estimated fair value. The current 3-Year Share Buyback Ratio is -0.70. London City Equities' overall GF Score™ is 58/100 with 3 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 London City Equities (ASX:LCE), the current 3-Year Share Buyback Ratio is -0.70 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 London City Equities (ASX:LCE) Overvalued in 2026?

Based on GuruFocus' analysis, London City Equities stock appears to be undervalued. The current stock price of A$0.85 is trading 23.4% below its estimated GF Value™ of A$1.11. GuruFocus considers London City Equities to be Modestly Undervalued.

Key valuation signals for ASX:LCE:

  • 3-Year Share Buyback Ratio: -0.70
  • GF Value™: A$1.11 vs. price of A$0.85 (23.4% below fair value)
  • GF Score™: 58/100 with 3 warning signs

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


London City Equities Business Description

Address 111 Harrington Street, Level 2, Suite 212, The Rocks, Sydney, NSW, AUS, 2000
London City Equities Ltd is a holding company engaged in investing in Australian equities with market shares and offering growth. The company focuses on providing shareholders with attractive investment returns over the medium to longer terms by enhancing capital growth and paying dividends that, over time, grow faster than the rate of inflation. Its operating segments are Equity Investment, which is the company's key revenue-generating segment, and Other.
58GF Score

Get the complete analysis for ASX:LCE

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

A$0.85
Price
A$1.11
GF Value