Nickel Industries (ASX:NIC) 3-Year Share Buyback Ratio : -19.50% (As of Dec. 2024)

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What is Nickel Industries 3-Year Share Buyback Ratio?

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. Nickel Industries's current 3-Year Share Buyback Ratio was -19.50%.

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

ASX:NIC' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -19.5 Med: -19.4 Max: -19.1
Current: -19.5

During the past 6 years, Nickel Industries's highest 3-Year Share Buyback Ratio was -19.10%. The lowest was -19.50%. And the median was -19.40%.

ASX:NIC's 3-Year Share Buyback Ratio is ranked worse than
58.89% of 2019 companies
in the Metals & Mining industry
Industry Median: -14.7 vs ASX:NIC: -19.50

Competitive Comparison of Nickel Industries's 3-Year Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, Nickel Industries'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.

Nickel Industries's 3-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

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

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

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Nickel Industries 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.

Nickel Industries (ASX:NIC) 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.

Nickel Industries 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Nickel Industries's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Nickel Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel Industries Ltd (ASX:NIC) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

NICMF:USA NM5:Germany

Address

66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.nickelindustries.com

Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. The group has three segments: nickel ore mining in Indonesia, the RKEF projects in Indonesia and Singapore and the HPAL projects in Indonesia. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel, and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP), and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in close proximity to the IMIP.