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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. McMillan Shakespeare's current 3-Year Share Buyback Ratio was 3.50%.
The historical rank and industry rank for McMillan Shakespeare's 3-Year Share Buyback Ratio or its related term are showing as below:
ASX:MMS'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -3.7 Med: -0.6 Max: 3.5
Current: 3.5
During the past 13 years, McMillan Shakespeare's highest 3-Year Share Buyback Ratio was 3.50%. The lowest was -3.70%. And the median was -0.60%.
ASX:MMS's 3-Year Share Buyback Ratio is ranked better than 95.09% of 693
companies
in the Business Services industry
Industry Median: -0.5
vs ASX:MMS: 3.50
McMillan Shakespeare (ASX:MMS) 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.
McMillan Shakespeare 3-Year Share Buyback Ratio Related Terms
ASX:MMS vs KFY, RHI, TNET: 3-Year Share Buyback Ratio Comparison
For the Staffing & Employment Services subindustry, McMillan Shakespeare'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.
McMillan Shakespeare 3-Year Share Buyback Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, McMillan Shakespeare's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where McMillan Shakespeare's 3-Year Share Buyback Ratio falls into.
McMillan Shakespeare 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 3.50 mean?
McMillan Shakespeare (ASX:MMS) has a 3-Year Share Buyback Ratio of 3.50 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 McMillan Shakespeare and its competitors. According to the industry distribution chart, McMillan Shakespeare ranks #34 out of 693 companies in the Business Services industry, placing it in the top 4.9%.
Is McMillan Shakespeare's 3-Year Share Buyback Ratio too high?
McMillan Shakespeare's current 3-Year Share Buyback Ratio is 3.50. Based on the distribution chart, McMillan Shakespeare ranks #34 out of 693 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, McMillan Shakespeare has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does McMillan Shakespeare's 3-Year Share Buyback Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, McMillan Shakespeare ranks #34 out of 693 companies for 3-Year Share Buyback Ratio. This places McMillan Shakespeare in the top 5% 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 a Business Services company?
A good 3-Year Share Buyback Ratio depends on the Business Services 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 McMillan Shakespeare and its competitors. McMillan Shakespeare's current 3-Year Share Buyback Ratio is 3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McMillan Shakespeare stock overvalued right now?
Based on GuruFocus' analysis, McMillan Shakespeare (ASX:MMS) is currently considered Modestly Undervalued. The stock's GF Value™ is A$24.70, compared to a current price of A$19.85 — trading 19.6% below its estimated fair value. The current 3-Year Share Buyback Ratio is 3.50. McMillan Shakespeare's overall GF Score™ is 81/100 with 13 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 McMillan Shakespeare (ASX:MMS), the current 3-Year Share Buyback Ratio is 3.50 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 McMillan Shakespeare (ASX:MMS) Overvalued in 2026?
Based on GuruFocus' analysis, McMillan Shakespeare stock appears to be undervalued.
The current stock price of A$19.85 is trading 19.6% below its estimated GF Value™ of A$24.70.
GuruFocus considers McMillan Shakespeare to be Modestly Undervalued.
Key valuation signals for ASX:MMS:
3-Year Share Buyback Ratio: 3.50
GF Value™: A$24.70 vs. price of A$19.85 (19.6% below fair value)
No single metric tells the full story. See the ASX:MMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McMillan Shakespeare is a provider of salary packaging, novated leasing, disability plan management and support co-ordination, and fleet management services. It actively works to cross-sell its products to clients, for example, selling its salary packaging services to its fleet management customers in Australia and New Zealand. McMillan dominates Australia's salary packaging market together with Smartgroup (also covered by Morningstar), and is also a large provider of novated leasing services by volumes—together with Smartgroup and SG Fleet. The group has three operating segments: group remuneration services, asset management services, and plan and support services. Most of the group's revenue is generated from the group remuneration services segment.
81GF Score
Get the complete analysis for ASX:MMS
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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