Fortune Shoes (DHA:FORTUNE) 3-Year Share Buyback Ratio: 0.00% (As of . 20)

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DHA:FORTUNE Fortune Shoes Ltd DHA:FORTUNE
28 GF Score
Price BDT14.70
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What is Fortune Shoes 3-Year Share Buyback Ratio?

Fortune Shoes DHA:FORTUNE -2.65% 28 3-Year Share Buyback Ratio is 0.00 as of . 20. GuruFocus rates DHA:FORTUNE with a GF Score™ of 28/100. Among 453 Manufacturing - Apparel & Accessories companies, Fortune Shoes ranks worse than 220750.33% 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. Fortune Shoes's current 3-Year Share Buyback Ratio was 0.00%.

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

During the past 0 years, Fortune Shoes's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was 0.00%. And the median was 0.00%.

DHA:FORTUNE's 3-Year Share Buyback Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: -1
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Fortune Shoes (DHA:FORTUNE) 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.

Fortune Shoes 3-Year Share Buyback Ratio Related Terms

Fortune Shoes 3-Year Share Buyback Ratio Competitor Comparison

For the Footwear & Accessories subindustry, Fortune Shoes'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.

Fortune Shoes 3-Year Share Buyback Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fortune Shoes's 3-Year Share Buyback Ratio distribution charts can be found below:

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


DHA:FORTUNE
28GF Score
Fortune Shoes Ltd DHA:FORTUNE
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune Shoes 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 0.00 mean?
Fortune Shoes (DHA:FORTUNE) has a 3-Year Share Buyback Ratio of 0.00 as of . 20. 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 Fortune Shoes and its competitors. According to the industry distribution chart, Fortune Shoes ranks #999999 out of 453 companies in the Manufacturing - Apparel & Accessories industry.
Is Fortune Shoes' 3-Year Share Buyback Ratio too high?
Fortune Shoes' current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, Fortune Shoes ranks #999999 out of 453 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Fortune Shoes has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Shoes' 3-Year Share Buyback Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fortune Shoes ranks #999999 out of 453 companies for 3-Year Share Buyback Ratio. This places Fortune Shoes 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 Manufacturing - Apparel & Accessories company?
A good 3-Year Share Buyback Ratio depends on the Manufacturing - Apparel & Accessories 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 Fortune Shoes and its competitors. Fortune Shoes's current 3-Year Share Buyback Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Shoes stock overvalued right now?
Fortune Shoes (DHA:FORTUNE) has a current 3-Year Share Buyback Ratio of 0.00. The current 3-Year Share Buyback Ratio is 0.00. Fortune Shoes' overall GF Score™ is 28/100. 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 Fortune Shoes (DHA:FORTUNE), the current 3-Year Share Buyback Ratio is 0.00 as of . 20. 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.

Fortune Shoes Business Description

Address Road No. 08, Plot No. 34 & 36, Block E, Suite C-3, Moon Island, Gulshan-1, Niketon, Dhaka, BGD, 1212
Fortune Shoes Ltd is engaged in manufacturing and exporting leather shoes and footwear.
28GF Score

Get the complete analysis for DHA:FORTUNE

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

BDT14.70
Price