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Fidelity China Special SituationsLSE:FCSS +0.19%37 3-Year Share Buyback Ratio is 1.90 as of Mar. 2026, which is at its 10-year median of 1.90. GuruFocus rates LSE:FCSS with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 1,141 Asset Management companies, Fidelity China Special Situations ranks better than 78.7% 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. Fidelity China Special Situations's current 3-Year Share Buyback Ratio was 1.90%.
The historical rank and industry rank for Fidelity China Special Situations's 3-Year Share Buyback Ratio or its related term are showing as below:
LSE:FCSS'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -0.7 Med: 1.9 Max: 5.4
Current: 1.9
During the past 13 years, Fidelity China Special Situations's highest 3-Year Share Buyback Ratio was 5.40%. The lowest was -0.70%. And the median was 1.90%.
LSE:FCSS's 3-Year Share Buyback Ratio is ranked better than 78.7% of 1141
companies
in the Asset Management industry
Industry Median: -0.8
vs LSE:FCSS: 1.90
Fidelity China Special Situations (LSE:FCSS) 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.
Fidelity China Special Situations 3-Year Share Buyback Ratio Related Terms
LSE:FCSS vs BLK, BX, KKR: 3-Year Share Buyback Ratio Comparison
For the Asset Management subindustry, Fidelity China Special Situations'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.
Fidelity China Special Situations 3-Year Share Buyback Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fidelity China Special Situations's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Fidelity China Special Situations's 3-Year Share Buyback Ratio falls into.
Fidelity China Special Situations 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 1.90 mean?
Fidelity China Special Situations (LSE:FCSS) has a 3-Year Share Buyback Ratio of 1.90 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 Fidelity China Special Situations and its competitors. This is near median its historical median of 1.90. According to the industry distribution chart, Fidelity China Special Situations ranks #243 out of 1141 companies in the Asset Management industry, placing it in the top 21.3%.
Is Fidelity China Special Situations' 3-Year Share Buyback Ratio too high?
Fidelity China Special Situations' current 3-Year Share Buyback Ratio of 1.90 is near median its 10-year median of 1.90. Based on the distribution chart, Fidelity China Special Situations ranks #243 out of 1141 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Fidelity China Special Situations has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Fidelity China Special Situations' 3-Year Share Buyback Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Fidelity China Special Situations ranks #243 out of 1141 companies for 3-Year Share Buyback Ratio. This places Fidelity China Special Situations in the top 21% of its industry — outperforming the majority of peers. 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 Fidelity China Special Situations and its competitors. Fidelity China Special Situations's current 3-Year Share Buyback Ratio is 1.90, which is near median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity China Special Situations stock overvalued right now?
Fidelity China Special Situations (LSE:FCSS) has a current 3-Year Share Buyback Ratio of 1.90. The current 3-Year Share Buyback Ratio is 1.90, which is near median its 10-year median of 1.90. Fidelity China Special Situations' overall GF Score™ is 37/100 with 1 warning sign 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 Fidelity China Special Situations (LSE:FCSS), the current 3-Year Share Buyback Ratio is 1.90 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.
Fidelity China Special Situations PLC offers investors building a diversified portfolio direct exposure to China. The Company's investment objective is to achieve long-term capital growth through an actively managed portfolio mainly comprising securities issued by companies in China, both listed and unlisted, as well as Chinese companies listed elsewhere. The Company may also invest in companies with interests in China. Its portfolio may consist of equities, index-linked securities, equity-linked notes, other debt securities, cash deposits, money market instruments, foreign currency exchange transactions and other interests, including derivatives such as futures, options and contracts for difference.
37GF Score
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