Me Lin Steel JSC (HSTC:MEL) 3-Year Share Buyback Ratio: 0.00% (As of . 20)

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What is Me Lin Steel JSC 3-Year Share Buyback Ratio?

Me Lin Steel JSC HSTC:MEL -6.25% 3-Year Share Buyback Ratio is 0.00 as of . 20. Among 280 Steel companies, Me Lin Steel JSC ranks worse than 357142.5% 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. Me Lin Steel JSC's current 3-Year Share Buyback Ratio was 0.00%.

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

During the past 0 years, Me Lin Steel JSC's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was 0.00%. And the median was 0.00%.

HSTC:MEL's 3-Year Share Buyback Ratio is not ranked *
in the Steel industry.
Industry Median: -0.7
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Me Lin Steel JSC (HSTC:MEL) 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.

Me Lin Steel JSC 3-Year Share Buyback Ratio Related Terms

Me Lin Steel JSC 3-Year Share Buyback Ratio Competitor Comparison

For the Steel subindustry, Me Lin Steel JSC'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.

Me Lin Steel JSC 3-Year Share Buyback Ratio vs Steel Industry

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

* The bar in red indicates where Me Lin Steel JSC's 3-Year Share Buyback Ratio falls into.


Me Lin Steel JSC 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?
Me Lin Steel JSC (HSTC:MEL) 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 Me Lin Steel JSC and its competitors. According to the industry distribution chart, Me Lin Steel JSC ranks #999999 out of 280 companies in the Steel industry.
Is Me Lin Steel JSC's 3-Year Share Buyback Ratio too high?
Me Lin Steel JSC's current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, Me Lin Steel JSC ranks #999999 out of 280 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Me Lin Steel JSC's 3-Year Share Buyback Ratio compare to competitors?
According to the Steel industry distribution chart, Me Lin Steel JSC ranks #999999 out of 280 companies for 3-Year Share Buyback Ratio. This places Me Lin Steel JSC 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 Me Lin Steel JSC and its competitors. Me Lin Steel JSC'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 Me Lin Steel JSC stock overvalued right now?
Me Lin Steel JSC (HSTC:MEL) has a current 3-Year Share Buyback Ratio of 0.00. The current 3-Year Share Buyback Ratio is 0.00. 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 Me Lin Steel JSC (HSTC:MEL), 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.

Me Lin Steel JSC Business Description

Address No. 8 Administrative Zone, Dong Da Ward, Vinh Phuc Province, Vinh Yen City, VNM
Me Lin Steel JSC operates in the steel industry. The business activities of the company are processing, manufacturing, trading, importing, and exporting steel products, wholesale of machinery and spare parts, warehousing rental service, and investment in industrial parks, urban areas, and offices.