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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. Coronation Fund Managers's current 3-Year Share Buyback Ratio was 0.00%.
The historical rank and industry rank for Coronation Fund Managers's 3-Year Share Buyback Ratio or its related term are showing as below:
During the past 13 years, Coronation Fund Managers's highest 3-Year Share Buyback Ratio was 6.20%. The lowest was -3.60%. And the median was 0.00%.
JSE:CML's 3-Year Share Buyback Ratio is not ranked *
in the Asset Management industry.
Industry Median: -0.8 * Ranked among companies with meaningful 3-Year Share Buyback Ratio only.
Coronation Fund Managers (JSE:CML) 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.
Coronation Fund Managers 3-Year Share Buyback Ratio Related Terms
JSE:CML vs BLK, BX, KKR: 3-Year Share Buyback Ratio Comparison
For the Asset Management subindustry, Coronation Fund Managers'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.
Coronation Fund Managers 3-Year Share Buyback Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Coronation Fund Managers's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Coronation Fund Managers's 3-Year Share Buyback Ratio falls into.
Coronation Fund Managers 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?
Coronation Fund Managers (JSE:CML) has a 3-Year Share Buyback Ratio of 0.00 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 Coronation Fund Managers and its competitors. According to the industry distribution chart, Coronation Fund Managers ranks #999999 out of 1139 companies in the Asset Management industry.
Is Coronation Fund Managers' 3-Year Share Buyback Ratio too high?
Coronation Fund Managers' current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, Coronation Fund Managers ranks #999999 out of 1139 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Coronation Fund Managers has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coronation Fund Managers' 3-Year Share Buyback Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Coronation Fund Managers ranks #999999 out of 1139 companies for 3-Year Share Buyback Ratio. This places Coronation Fund Managers 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 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 Coronation Fund Managers and its competitors. Coronation Fund Managers'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 Coronation Fund Managers stock overvalued right now?
Based on GuruFocus' analysis, Coronation Fund Managers (JSE:CML) is currently considered Fairly Valued. The stock's GF Value™ is R41.83, compared to a current price of R43.80 — trading 4.7% above its estimated fair value. The current 3-Year Share Buyback Ratio is 0.00. Coronation Fund Managers' overall GF Score™ is 72/100 with 5 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 Coronation Fund Managers (JSE:CML), the current 3-Year Share Buyback Ratio is 0.00 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 Coronation Fund Managers (JSE:CML) Overvalued in 2026?
Based on GuruFocus' analysis, Coronation Fund Managers stock appears to be overvalued.
The current stock price of R43.80 is trading 4.7% above its estimated GF Value™ of R41.83.
GuruFocus considers Coronation Fund Managers to be Fairly Valued.
Key valuation signals for JSE:CML:
3-Year Share Buyback Ratio: 0.00
GF Value™: R41.83 vs. price of R43.80 (4.7% above fair value)
No single metric tells the full story. See the JSE:CML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.
72GF Score
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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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