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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. Industrial & Infrastructure Fund Investment's current 3-Year Share Buyback Ratio was -7.00%.
Industrial & Infrastructure Fund Investment (FRA:2ES) 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.
Industrial & Infrastructure Fund Investment 3-Year Share Buyback Ratio Related Terms
FRA:2ES vs PLD, PSA, EXR: 3-Year Share Buyback Ratio Comparison
For the REIT - Industrial subindustry, Industrial & Infrastructure Fund Investment'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.
Industrial & Infrastructure Fund Investment 3-Year Share Buyback Ratio vs REITs Industry
Industrial & Infrastructure Fund Investment 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 -7.00 mean?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a 3-Year Share Buyback Ratio of -7.00 as of Jan. 2026. 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 Industrial & Infrastructure Fund Investment and its competitors. According to the industry distribution chart, Industrial & Infrastructure Fund Investment ranks #405 out of 591 companies in the REITs industry, placing it in the top 68.5%.
Is Industrial & Infrastructure Fund Investment's 3-Year Share Buyback Ratio too high?
Industrial & Infrastructure Fund Investment's current 3-Year Share Buyback Ratio is -7.00. Based on the distribution chart, Industrial & Infrastructure Fund Investment ranks #405 out of 591 companies in the REITs industry, which is below the industry midpoint. Overall, Industrial & Infrastructure Fund Investment has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Industrial & Infrastructure Fund Investment's 3-Year Share Buyback Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Industrial & Infrastructure Fund Investment ranks #405 out of 591 companies for 3-Year Share Buyback Ratio. This places Industrial & Infrastructure Fund Investment 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 REITs company?
A good 3-Year Share Buyback Ratio depends on the REITs 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 Industrial & Infrastructure Fund Investment and its competitors. Industrial & Infrastructure Fund Investment's current 3-Year Share Buyback Ratio is -7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial & Infrastructure Fund Investment stock overvalued right now?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a current 3-Year Share Buyback Ratio of -7.00. The stock's GF Value™ is €756.98, compared to a current price of €740.00 — trading 2.2% below its estimated fair value. The current 3-Year Share Buyback Ratio is -7.00. Industrial & Infrastructure Fund Investment's overall GF Score™ is 78/100 with 7 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 Industrial & Infrastructure Fund Investment (FRA:2ES), the current 3-Year Share Buyback Ratio is -7.00 as of Jan. 2026. 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 Industrial & Infrastructure Fund Investment (FRA:2ES) Overvalued in 2026?
Based on GuruFocus' analysis, Industrial & Infrastructure Fund Investment stock appears to be undervalued.
The current stock price of €740.00 is trading 2.2% below its estimated GF Value™ of €756.98.
Key valuation signals for FRA:2ES:
3-Year Share Buyback Ratio: -7.00
GF Value™: €756.98 vs. price of €740.00 (2.2% below fair value)
No single metric tells the full story. See the FRA:2ES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrial & Infrastructure Fund Investment Corp operates as a J-REIT specializing in industrial properties. The company focuses on industrial properties including logistic facilities, manufacturing and R&D facilities, and infrastructures.
78GF Score
Get the complete analysis for FRA:2ES
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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