Millcon Steel PCL (BKK:MILL-R) 3-Year Share Buyback Ratio: -6.30% (As of Sep. 2025)


What is Millcon Steel PCL 3-Year Share Buyback Ratio?

Millcon Steel PCL BKK:MILL-R 3-Year Share Buyback Ratio is -6.30 as of Sep. 2025. The stock has 8 warning signs investors should review. Among 282 Steel companies, Millcon Steel PCL ranks worse than 73.05% 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. Millcon Steel PCL's current 3-Year Share Buyback Ratio was -6.30%.

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

BKK:MILL-R' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -20.8   Med: -6.3   Max: 5.2
Current: -6.3

During the past 13 years, Millcon Steel PCL's highest 3-Year Share Buyback Ratio was 5.20%. The lowest was -20.80%. And the median was -6.30%.

BKK:MILL-R's 3-Year Share Buyback Ratio is ranked worse than
73.05% of 282 companies
in the Steel industry
Industry Median: -0.9 vs BKK:MILL-R: -6.30

Millcon Steel PCL (BKK:MILL-R) 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.


Millcon Steel PCL 3-Year Share Buyback Ratio Related Terms


BKK:MILL-R vs NUE, STLD, RS: 3-Year Share Buyback Ratio Comparison

For the Steel subindustry, Millcon Steel PCL'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.


Millcon Steel PCL 3-Year Share Buyback Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Millcon Steel PCL's 3-Year Share Buyback Ratio distribution charts can be found below:

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



Millcon Steel PCL 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 -6.30 mean?
Millcon Steel PCL (BKK:MILL-R) has a 3-Year Share Buyback Ratio of -6.30 as of Sep. 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 Millcon Steel PCL and its competitors. According to the industry distribution chart, Millcon Steel PCL ranks #206 out of 282 companies in the Steel industry, placing it in the top 73%.
Is Millcon Steel PCL's 3-Year Share Buyback Ratio too high?
Millcon Steel PCL's current 3-Year Share Buyback Ratio is -6.30. Based on the distribution chart, Millcon Steel PCL ranks #206 out of 282 companies in the Steel industry, which is below the industry midpoint.
How does Millcon Steel PCL's 3-Year Share Buyback Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Millcon Steel PCL ranks #206 out of 282 companies for 3-Year Share Buyback Ratio. This places Millcon Steel PCL 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 Steel company?
A good 3-Year Share Buyback Ratio depends on the Steel 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 Millcon Steel PCL and its competitors. Millcon Steel PCL's current 3-Year Share Buyback Ratio is -6.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millcon Steel PCL stock overvalued right now?
Millcon Steel PCL (BKK:MILL-R) has a current 3-Year Share Buyback Ratio of -6.30. The current 3-Year Share Buyback Ratio is -6.30. 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 Millcon Steel PCL (BKK:MILL-R), the current 3-Year Share Buyback Ratio is -6.30 as of Sep. 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.

Millcon Steel PCL Business Description

Other Exchanges MILL:Thailand
Address Banggradee Road, Samaedum, No. 9,11,13 Soi Banggradee 32, Samaedam Sub-district, Bangkhunthian District, Bangkok, THA, 10150
Millcon Steel PCL principal activity is manufacturing and trading of steel. The reportable segments of the company are the Manufacturing segment and Trading segment. The company generates majority of revenue from Manufacturing segment. The vast majority of its revenue comes from the Domestic Market. Its products and services are REINFORCING STEEL BARS, ROUND STEEL BARS, REINFORCING STEEL BARS (THREADED TYPE), WIRE, STEEL PIPE, C-SHAPED STEEL, GALVANIZED STEEL.