Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
X2M ConnectASX:X2M 3-Year Share Buyback Ratio is -40.30 as of Dec. 2025. The stock has 8 warning signs investors should review. Among 1,617 Hardware companies, X2M Connect ranks worse than 94.87% 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. X2M Connect's current 3-Year Share Buyback Ratio was -40.30%.
The historical rank and industry rank for X2M Connect's 3-Year Share Buyback Ratio or its related term are showing as below:
ASX:X2M'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -40.3 Med: -40.3 Max: -40.3
Current: -40.3
During the past 4 years, X2M Connect's highest 3-Year Share Buyback Ratio was -40.30%. The lowest was -40.30%. And the median was -40.30%.
ASX:X2M's 3-Year Share Buyback Ratio is ranked worse than 94.87% of 1617
companies
in the Hardware industry
Industry Median: -1.2
vs ASX:X2M: -40.30
X2M Connect (ASX:X2M) 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.
X2M Connect 3-Year Share Buyback Ratio Related Terms
ASX:X2M vs COHR, KEYS, GRMN: 3-Year Share Buyback Ratio Comparison
For the Scientific & Technical Instruments subindustry, X2M Connect'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.
X2M Connect 3-Year Share Buyback Ratio vs Hardware Industry
For the Hardware industry and Technology sector, X2M Connect's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where X2M Connect's 3-Year Share Buyback Ratio falls into.
X2M Connect 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 -40.30 mean?
X2M Connect (ASX:X2M) has a 3-Year Share Buyback Ratio of -40.30 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 X2M Connect and its competitors. According to the industry distribution chart, X2M Connect ranks #1534 out of 1617 companies in the Hardware industry, placing it in the top 94.9%.
Is X2M Connect's 3-Year Share Buyback Ratio too high?
X2M Connect's current 3-Year Share Buyback Ratio is -40.30. Based on the distribution chart, X2M Connect ranks #1534 out of 1617 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does X2M Connect's 3-Year Share Buyback Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, X2M Connect ranks #1534 out of 1617 companies for 3-Year Share Buyback Ratio. This places X2M Connect in the lower 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 Hardware company?
A good 3-Year Share Buyback Ratio depends on the Hardware 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 X2M Connect and its competitors. X2M Connect's current 3-Year Share Buyback Ratio is -40.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is X2M Connect stock overvalued right now?
Based on GuruFocus' analysis, X2M Connect (ASX:X2M) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.01, compared to a current price of A$0.00 — trading 80% below its estimated fair value. The current 3-Year Share Buyback Ratio is -40.30. 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 X2M Connect (ASX:X2M), the current 3-Year Share Buyback Ratio is -40.30 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.
X2M Connect Ltd is an Internet of Things (IoT) technology company that uses the internet to deliver productivity improvements, cost savings, and improved public safety to enterprise and government customers. Its focus is servicing the utility sector in the Asia-Pacific utility market through the provision of technology that connects devices over the internet, such as water meters and gas pressure sensors and which enables data exchange and control of these devices. The company's geographical segment includes South Korea, China, Taiwan, and other countries. It derives a majority of revenue from South Korea.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:X2M has been successfully added to your 
