Magnetite Mines (ASX:MGT) 3-Year Share Buyback Ratio: -16.20% (As of Dec. 2025)

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What is Magnetite Mines 3-Year Share Buyback Ratio?

Magnetite Mines ASX:MGT 3-Year Share Buyback Ratio is -16.20 as of Dec. 2025. The stock has 4 warning signs investors should review. Among 2,169 Metals & Mining companies, Magnetite Mines ranks better than 52.47% 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. Magnetite Mines's current 3-Year Share Buyback Ratio was -16.20%.

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

ASX:MGT' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -50.5   Med: -16.2   Max: -1.8
Current: -16.2

During the past 13 years, Magnetite Mines's highest 3-Year Share Buyback Ratio was -1.80%. The lowest was -50.50%. And the median was -16.20%.

ASX:MGT's 3-Year Share Buyback Ratio is ranked better than
52.47% of 2169 companies
in the Metals & Mining industry
Industry Median: -17.7 vs ASX:MGT: -16.20

Magnetite Mines (ASX:MGT) 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.

Magnetite Mines 3-Year Share Buyback Ratio Related Terms

Magnetite Mines 3-Year Share Buyback Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Magnetite Mines'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.

Magnetite Mines 3-Year Share Buyback Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Magnetite Mines's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Magnetite Mines's 3-Year Share Buyback Ratio falls into.


Magnetite Mines 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 -16.20 mean?
Magnetite Mines (ASX:MGT) has a 3-Year Share Buyback Ratio of -16.20 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 Magnetite Mines and its competitors. According to the industry distribution chart, Magnetite Mines ranks #1031 out of 2169 companies in the Metals & Mining industry, placing it in the top 47.5%.
Is Magnetite Mines' 3-Year Share Buyback Ratio too high?
Magnetite Mines' current 3-Year Share Buyback Ratio is -16.20. Based on the distribution chart, Magnetite Mines ranks #1031 out of 2169 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Magnetite Mines' 3-Year Share Buyback Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Magnetite Mines ranks #1031 out of 2169 companies for 3-Year Share Buyback Ratio. This puts Magnetite Mines 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 a Metals & Mining company?
A good 3-Year Share Buyback Ratio depends on the Metals & Mining 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 Magnetite Mines and its competitors. Magnetite Mines's current 3-Year Share Buyback Ratio is -16.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnetite Mines stock overvalued right now?
Magnetite Mines (ASX:MGT) has a current 3-Year Share Buyback Ratio of -16.20. The current 3-Year Share Buyback Ratio is -16.20. 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 Magnetite Mines (ASX:MGT), the current 3-Year Share Buyback Ratio is -16.20 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.

Magnetite Mines Business Description

Other Exchanges R8Q1:Germany
Address 30 Currie Street, Suite 3, Level 3, Adelaide, SA, AUS, 5000
Magnetite Mines Ltd is a mineral exploration company. It shows interest in the Razorback Iron Project located in the province of South Australia. The group operates in one operating segment and one geographical area, which is Mineral Exploration in Australia. The company's other projects include the Muster Dam Iron Ore Project and Others.