Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
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. Alexander Forbes Group Holdings's current 3-Year Share Buyback Ratio was -0.30%.
The historical rank and industry rank for Alexander Forbes Group Holdings's 3-Year Share Buyback Ratio or its related term are showing as below:
JSE:AFH'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -1.1 Med: -0.15 Max: 1.7
Current: -0.3
During the past 13 years, Alexander Forbes Group Holdings's highest 3-Year Share Buyback Ratio was 1.70%. The lowest was -1.10%. And the median was -0.15%.
JSE:AFH's 3-Year Share Buyback Ratio is ranked better than 69.23% of 143
companies
in the Diversified Financial Services industry
Industry Median: -2.4
vs JSE:AFH: -0.30
Alexander Forbes Group Holdings (JSE:AFH) 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.
Alexander Forbes Group Holdings 3-Year Share Buyback Ratio Related Terms
JSE:AFH vs FRHC, VOYA: 3-Year Share Buyback Ratio Comparison
For the Financial Conglomerates subindustry, Alexander Forbes Group Holdings'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.
Alexander Forbes Group Holdings 3-Year Share Buyback Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Alexander Forbes Group Holdings's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Alexander Forbes Group Holdings's 3-Year Share Buyback Ratio falls into.
Alexander Forbes Group Holdings 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 -0.30 mean?
Alexander Forbes Group Holdings (JSE:AFH) has a 3-Year Share Buyback Ratio of -0.30 as of Mar. 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 Alexander Forbes Group Holdings and its competitors. According to the industry distribution chart, Alexander Forbes Group Holdings ranks #44 out of 143 companies in the Diversified Financial Services industry, placing it in the top 30.8%.
Is Alexander Forbes Group Holdings' 3-Year Share Buyback Ratio too high?
Alexander Forbes Group Holdings' current 3-Year Share Buyback Ratio is -0.30. Based on the distribution chart, Alexander Forbes Group Holdings ranks #44 out of 143 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, Alexander Forbes Group Holdings has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alexander Forbes Group Holdings' 3-Year Share Buyback Ratio compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Alexander Forbes Group Holdings ranks #44 out of 143 companies for 3-Year Share Buyback Ratio. This puts Alexander Forbes Group Holdings 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 a Diversified Financial Services company?
A good 3-Year Share Buyback Ratio depends on the Diversified Financial Services 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 Alexander Forbes Group Holdings and its competitors. Alexander Forbes Group Holdings's current 3-Year Share Buyback Ratio is -0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Forbes Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings (JSE:AFH) is currently considered Modestly Undervalued. The stock's GF Value™ is R8.82, compared to a current price of R6.80 — trading 22.9% below its estimated fair value. The current 3-Year Share Buyback Ratio is -0.30. Alexander Forbes Group Holdings' overall GF Score™ is 62/100 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 Alexander Forbes Group Holdings (JSE:AFH), the current 3-Year Share Buyback Ratio is -0.30 as of Mar. 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 Alexander Forbes Group Holdings (JSE:AFH) Overvalued in 2026?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings stock appears to be undervalued.
The current stock price of R6.80 is trading 22.9% below its estimated GF Value™ of R8.82.
GuruFocus considers Alexander Forbes Group Holdings to be Modestly Undervalued.
Key valuation signals for JSE:AFH:
3-Year Share Buyback Ratio: -0.30
GF Value™: R8.82 vs. price of R6.80 (22.9% below fair value)
No single metric tells the full story. See the JSE:AFH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alexander Forbes Group Holdings Ltd is a South Africa-based diversified financial services company. The company operates through seven segments: Retirement consulting, Healthcare consulting, Investments, Individual consulting, Multinational consulting, Solutions & Enablement, and Client Services & Business Optimization. Its services include Retirement consulting, Investments, Healthcare, Preservation funds, and Others. The company also offers online services.
62GF Score
Get the complete analysis for JSE:AFH
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:AFH has been successfully added to your 
