EMD (Western Asset Emg Markets Debt Fund) 3-Year Share Buyback Ratio: 1.20% (As of Dec. 2025) — 60% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

EMD Western Asset Emg Markets Debt Fund Inc EMD
54 GF Score
Price $10.45
GF Value $13.93
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Western Asset Emg Markets Debt Fund 3-Year Share Buyback Ratio?

Western Asset Emg Markets Debt Fund EMD -0.67% 54 3-Year Share Buyback Ratio is 1.20 as of Dec. 2025, which is 60% above its 10-year median of 0.75. GuruFocus rates EMD with a GF Score™ of 54/100 and a GF Value™ of $13.93 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,140 Asset Management companies, Western Asset Emg Markets Debt Fund ranks better than 74.21% 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. Western Asset Emg Markets Debt Fund's current 3-Year Share Buyback Ratio was 1.20%.

The historical rank and industry rank for Western Asset Emg Markets Debt Fund's 3-Year Share Buyback Ratio or its related term are showing as below:

EMD' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: 0   Med: 0.75   Max: 1.5
Current: 1.2

During the past 9 years, Western Asset Emg Markets Debt Fund's highest 3-Year Share Buyback Ratio was 1.50%. The lowest was 0.00%. And the median was 0.75%.

EMD's 3-Year Share Buyback Ratio is ranked better than
74.21% of 1140 companies
in the Asset Management industry
Industry Median: -0.8 vs EMD: 1.20

Western Asset Emg Markets Debt Fund (NYSE:EMD) 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.


Western Asset Emg Markets Debt Fund 3-Year Share Buyback Ratio Related Terms


EMD vs NDMO, NML, NCDL: 3-Year Share Buyback Ratio Comparison

For the Asset Management subindustry, Western Asset Emg Markets Debt Fund'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.


Western Asset Emg Markets Debt Fund 3-Year Share Buyback Ratio vs Asset Management Industry

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

* The bar in red indicates where Western Asset Emg Markets Debt Fund's 3-Year Share Buyback Ratio falls into.


EMD
54GF Score
Western Asset Emg Markets Debt Fund Inc EMD
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Asset Emg Markets Debt Fund 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 1.20 mean?
Western Asset Emg Markets Debt Fund (EMD) has a 3-Year Share Buyback Ratio of 1.20 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 Western Asset Emg Markets Debt Fund and its competitors. This is 60% above median its historical median of 0.75. According to the industry distribution chart, Western Asset Emg Markets Debt Fund ranks #294 out of 1140 companies in the Asset Management industry, placing it in the top 25.8%.
Is Western Asset Emg Markets Debt Fund's 3-Year Share Buyback Ratio too high?
Western Asset Emg Markets Debt Fund's current 3-Year Share Buyback Ratio of 1.20 is 60% above median its 10-year median of 0.75. Based on the distribution chart, Western Asset Emg Markets Debt Fund ranks #294 out of 1140 companies in the Asset Management industry, which is above the industry midpoint. Overall, Western Asset Emg Markets Debt Fund has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Emg Markets Debt Fund's 3-Year Share Buyback Ratio compare to NDMO and NML?
According to the Asset Management industry distribution chart, Western Asset Emg Markets Debt Fund ranks #294 out of 1140 companies for 3-Year Share Buyback Ratio. This puts Western Asset Emg Markets Debt Fund in the upper 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 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 Western Asset Emg Markets Debt Fund and its competitors. Western Asset Emg Markets Debt Fund's current 3-Year Share Buyback Ratio is 1.20, which is 60% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Emg Markets Debt Fund stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Emg Markets Debt Fund (EMD) is currently considered Modestly Undervalued. The stock's GF Value™ is $13.93, compared to a current price of $10.45 — trading 25% below its estimated fair value. The current 3-Year Share Buyback Ratio is 1.20, which is 60% above median its 10-year median of 0.75. Western Asset Emg Markets Debt Fund's overall GF Score™ is 54/100 with 4 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 Western Asset Emg Markets Debt Fund (EMD), the current 3-Year Share Buyback Ratio is 1.20 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 Western Asset Emg Markets Debt Fund (EMD) Overvalued in 2026?

Based on GuruFocus' analysis, Western Asset Emg Markets Debt Fund stock appears to be undervalued. The current stock price of $10.45 is trading 25% below its estimated GF Value™ of $13.93. GuruFocus considers Western Asset Emg Markets Debt Fund to be Modestly Undervalued.

Key valuation signals for EMD:

  • 3-Year Share Buyback Ratio: 1.20 (60% above median its 10-year median of 0.75)
  • GF Value™: $13.93 vs. price of $10.45 (25% below fair value)
  • GF Score™: 54/100 with 4 warning signs

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


Western Asset Emg Markets Debt Fund Business Description

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010
Western Asset Emg Markets Debt Fund Inc is a non-diversified closed-end management and long term investment company. The primary investment objective of the company is to seek high current income, and the secondary objective is to seek capital appreciation.
54GF Score

Get the complete analysis for EMD

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

$10.45
Price
$13.93
GF Value