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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. SAorate Real Estate's current 3-Year Share Buyback Ratio was -3.20%.
The historical rank and industry rank for SAorate Real Estate's 3-Year Share Buyback Ratio or its related term are showing as below:
JSE:SAC'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -42.7 Med: 0.05 Max: 1.7
Current: -3.2
During the past 13 years, SAorate Real Estate's highest 3-Year Share Buyback Ratio was 1.70%. The lowest was -42.70%. And the median was 0.05%.
JSE:SAC's 3-Year Share Buyback Ratio is ranked worse than 52.62% of 591
companies
in the REITs industry
Industry Median: -2.8
vs JSE:SAC: -3.20
SAorate Real Estate (JSE:SAC) 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.
SAorate Real Estate 3-Year Share Buyback Ratio Related Terms
JSE:SAC vs VICI, WPC: 3-Year Share Buyback Ratio Comparison
For the REIT - Diversified subindustry, SAorate Real Estate'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.
SAorate Real Estate 3-Year Share Buyback Ratio vs REITs Industry
For the REITs industry and Real Estate sector, SAorate Real Estate's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where SAorate Real Estate's 3-Year Share Buyback Ratio falls into.
SAorate Real Estate 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 -3.20 mean?
SAorate Real Estate (JSE:SAC) has a 3-Year Share Buyback Ratio of -3.20 as of Jun. 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 SAorate Real Estate and its competitors. According to the industry distribution chart, SAorate Real Estate ranks #311 out of 591 companies in the REITs industry, placing it in the top 52.6%.
Is SAorate Real Estate's 3-Year Share Buyback Ratio too high?
SAorate Real Estate's current 3-Year Share Buyback Ratio is -3.20. Based on the distribution chart, SAorate Real Estate ranks #311 out of 591 companies in the REITs industry, which is below the industry midpoint. Overall, SAorate Real Estate has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SAorate Real Estate's 3-Year Share Buyback Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, SAorate Real Estate ranks #311 out of 591 companies for 3-Year Share Buyback Ratio. This places SAorate Real Estate 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 SAorate Real Estate and its competitors. SAorate Real Estate's current 3-Year Share Buyback Ratio is -3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAorate Real Estate stock overvalued right now?
Based on GuruFocus' analysis, SAorate Real Estate (JSE:SAC) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.55, compared to a current price of R3.50 — trading 37.3% above its estimated fair value. The current 3-Year Share Buyback Ratio is -3.20. SAorate Real Estate's overall GF Score™ is 66/100 with 9 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 SAorate Real Estate (JSE:SAC), the current 3-Year Share Buyback Ratio is -3.20 as of Jun. 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 SAorate Real Estate (JSE:SAC) Overvalued in 2026?
Based on GuruFocus' analysis, SAorate Real Estate stock appears to be overvalued.
The current stock price of R3.50 is trading 37.3% above its estimated GF Value™ of R2.55.
GuruFocus considers SAorate Real Estate to be Significantly Overvalued.
Key valuation signals for JSE:SAC:
3-Year Share Buyback Ratio: -3.20
GF Value™: R2.55 vs. price of R3.50 (37.3% above fair value)
No single metric tells the full story. See the JSE:SAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SA Corporate Real Estate Ltd is a real estate investment trust. The company's portfolio includes mostly industrial and retail properties, with the remainder of inner-city residential and commercial assets. The properties are mainly located in the metropolitan centres of South Africa, with more than half located in Gauteng, approximately one-third in KwaZulu-Natal, and the others in Western Cape and other regions. The company's tenants consist of large national tenants, government tenants and franchisees. Its reportable segments are Retail, Industrial, Commercial, Residential, and Corporate. The company generates the maximum of its revenue from the Residential segment.
66GF Score
Get the complete analysis for JSE:SAC
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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