Qualitas (ASX:QAL) 3-Year Share Buyback Ratio: 0.10% (As of Dec. 2025) — Near Median

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:QAL Qualitas Ltd ASX:QAL
63 GF Score
Price A$3.27
GF Value A$3.66
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Qualitas 3-Year Share Buyback Ratio?

Qualitas ASX:QAL +0.31% 63 3-Year Share Buyback Ratio is 0.10 as of Dec. 2025, which is at its 10-year median of 0.10. GuruFocus rates ASX:QAL with a GF Score™ of 63/100 and a GF Value™ of A$3.66 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,134 Asset Management companies, Qualitas ranks better than 62.79% 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. Qualitas's current 3-Year Share Buyback Ratio was 0.10%.

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

ASX:QAL' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.1   Max: 0.1
Current: 0.1

During the past 5 years, Qualitas's highest 3-Year Share Buyback Ratio was 0.10%. The lowest was 0.10%. And the median was 0.10%.

ASX:QAL's 3-Year Share Buyback Ratio is ranked better than
62.79% of 1134 companies
in the Asset Management industry
Industry Median: -0.8 vs ASX:QAL: 0.10

Qualitas (ASX:QAL) 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.


Qualitas 3-Year Share Buyback Ratio Related Terms


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

For the Asset Management subindustry, Qualitas'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.


Qualitas 3-Year Share Buyback Ratio vs Asset Management Industry

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

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


ASX:QAL
63GF Score
Qualitas Ltd ASX:QAL
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qualitas 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 0.10 mean?
Qualitas (ASX:QAL) has a 3-Year Share Buyback Ratio of 0.10 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 Qualitas and its competitors. This is near median its historical median of 0.10. Over the past decade, Qualitas' 3-Year Share Buyback Ratio has ranged from 0.10 to 0.10. According to the industry distribution chart, Qualitas ranks #422 out of 1134 companies in the Asset Management industry, placing it in the top 37.2%.
Is Qualitas' 3-Year Share Buyback Ratio too high?
Qualitas' current 3-Year Share Buyback Ratio of 0.10 is near median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.10. Based on the distribution chart, Qualitas ranks #422 out of 1134 companies in the Asset Management industry, which is above the industry midpoint. Overall, Qualitas has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qualitas' 3-Year Share Buyback Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Qualitas ranks #422 out of 1134 companies for 3-Year Share Buyback Ratio. This puts Qualitas in the upper half of its industry. Historically, Qualitas' own 3-Year Share Buyback Ratio has ranged from 0.10 to 0.10 over the past decade. 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 Qualitas and its competitors. Qualitas's current 3-Year Share Buyback Ratio is 0.10, which is near median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitas stock overvalued right now?
Based on GuruFocus' analysis, Qualitas (ASX:QAL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.66, compared to a current price of A$3.27 — trading 10.7% below its estimated fair value. The current 3-Year Share Buyback Ratio is 0.10, which is near median its 10-year median of 0.10. Qualitas' overall GF Score™ is 63/100 with 2 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 Qualitas (ASX:QAL), the current 3-Year Share Buyback Ratio is 0.10 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 Qualitas (ASX:QAL) Overvalued in 2026?

Based on GuruFocus' analysis, Qualitas stock appears to be undervalued. The current stock price of A$3.27 is trading 10.7% below its estimated GF Value™ of A$3.66. GuruFocus considers Qualitas to be Modestly Undervalued.

Key valuation signals for ASX:QAL:

  • 3-Year Share Buyback Ratio: 0.10 (near median its 10-year median of 0.10)
  • GF Value™: A$3.66 vs. price of A$3.27 (10.7% below fair value)
  • GF Score™: 63/100 with 2 warning signs

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


Qualitas Business Description

Address 120 Collins Street, Level 38, Melbourne, VIC, AUS, 3000
Qualitas Ltd is an alternative real estate investment manager focused on private credit and equity across commercial real estate sectors. The Group has identified two operating segments Funds Management and Direct Lending. Maximum revenue is generated from its Funds Management segment which includes all of its core Funds management activities and includes Funds management fees, performance fees, and other fee income. It also includes dividends and distributions from Qualitas' Investment and Direct Lending activities. The Direct Lending segment relates to the interest income and expenses relating to activities undertaken by the company's subsidiaries.
63GF Score

Get the complete analysis for ASX:QAL

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

A$3.27
Price
A$3.66
GF Value