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Morphic Ethical Equity FundASX:MEC -0.41%39 3-Year Share Buyback Ratio is 14.40 as of Dec. 2025, which is 182% above its 10-year median of 5.10. GuruFocus rates ASX:MEC with a GF Score™ of 39/100 and a GF Value™ of A$0.77 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,143 Asset Management companies, Morphic Ethical Equity Fund ranks better than 96.68% 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. Morphic Ethical Equity Fund's current 3-Year Share Buyback Ratio was 14.40%.
The historical rank and industry rank for Morphic Ethical Equity Fund's 3-Year Share Buyback Ratio or its related term are showing as below:
ASX:MEC'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -5.2 Med: 5.1 Max: 14.4
Current: 14.4
During the past 7 years, Morphic Ethical Equity Fund's highest 3-Year Share Buyback Ratio was 14.40%. The lowest was -5.20%. And the median was 5.10%.
ASX:MEC's 3-Year Share Buyback Ratio is ranked better than 96.68% of 1143
companies
in the Asset Management industry
Industry Median: -0.8
vs ASX:MEC: 14.40
Morphic Ethical Equity Fund (ASX:MEC) 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.
Morphic Ethical Equity Fund 3-Year Share Buyback Ratio Related Terms
ASX:MEC vs BLK, BX, KKR: 3-Year Share Buyback Ratio Comparison
For the Asset Management subindustry, Morphic Ethical Equity Fund'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.
Morphic Ethical Equity Fund 3-Year Share Buyback Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Morphic Ethical Equity Fund's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Morphic Ethical Equity Fund's 3-Year Share Buyback Ratio falls into.
Morphic Ethical Equity Fund 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 14.40 mean?
Morphic Ethical Equity Fund (ASX:MEC) has a 3-Year Share Buyback Ratio of 14.40 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 Morphic Ethical Equity Fund and its competitors. This is 182% above median its historical median of 5.10. According to the industry distribution chart, Morphic Ethical Equity Fund ranks #38 out of 1143 companies in the Asset Management industry, placing it in the top 3.3%.
Is Morphic Ethical Equity Fund's 3-Year Share Buyback Ratio too high?
Morphic Ethical Equity Fund's current 3-Year Share Buyback Ratio of 14.40 is 182% above median its 10-year median of 5.10. Based on the distribution chart, Morphic Ethical Equity Fund ranks #38 out of 1143 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Morphic Ethical Equity Fund has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morphic Ethical Equity Fund's 3-Year Share Buyback Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Morphic Ethical Equity Fund ranks #38 out of 1143 companies for 3-Year Share Buyback Ratio. This places Morphic Ethical Equity Fund in the top 3% of its industry — outperforming the majority of peers. 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 Morphic Ethical Equity Fund and its competitors. Morphic Ethical Equity Fund's current 3-Year Share Buyback Ratio is 14.40, which is 182% above median its own 10-year median of 5.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morphic Ethical Equity Fund stock overvalued right now?
Based on GuruFocus' analysis, Morphic Ethical Equity Fund (ASX:MEC) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.77, compared to a current price of A$1.23 — trading 59.1% above its estimated fair value. The current 3-Year Share Buyback Ratio is 14.40, which is 182% above median its 10-year median of 5.10. Morphic Ethical Equity Fund's overall GF Score™ is 39/100 with 4 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 Morphic Ethical Equity Fund (ASX:MEC), the current 3-Year Share Buyback Ratio is 14.40 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 Morphic Ethical Equity Fund (ASX:MEC) Overvalued in 2026?
Based on GuruFocus' analysis, Morphic Ethical Equity Fund stock appears to be overvalued.
The current stock price of A$1.23 is trading 59.1% above its estimated GF Value™ of A$0.77.
GuruFocus considers Morphic Ethical Equity Fund to be Significantly Overvalued.
Key valuation signals for ASX:MEC:
3-Year Share Buyback Ratio: 14.40 (182% above median its 10-year median of 5.10)
GF Value™: A$0.77 vs. price of A$1.23 (59.1% above fair value)
No single metric tells the full story. See the ASX:MEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morphic Ethical Equity Fund Ltd is an investment company. Its investment objective is to provide superior risk-adjusted returns to shareholders, comprising a combination of capital growth and income, thus allowing franked dividends to be paid to shareholders when prudent, and provided the company has sufficient profit reserves and franking credits available. The company invests in a portfolio of internationally listed securities screened to exclude entities involved in environmentally damaging activities (including coal and uranium, mining and oil and gas), intensive farming and aquaculture, tobacco, armaments, alcohol, and gambling. It earns revenue from dividend income, interest income, and other returns from the investment portfolio.
39GF Score
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