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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. Advance Auto Parts's current 3-Year Share Buyback Ratio was -0.40%.
The historical rank and industry rank for Advance Auto Parts's 3-Year Share Buyback Ratio or its related term are showing as below:
MEX:AAP'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -4.2 Med: 1.7 Max: 8.4
Current: -0.4
During the past 13 years, Advance Auto Parts's highest 3-Year Share Buyback Ratio was 8.40%. The lowest was -4.20%. And the median was 1.70%.
MEX:AAP's 3-Year Share Buyback Ratio is ranked better than 56.39% of 759
companies
in the Vehicles & Parts industry
Industry Median: -0.9
vs MEX:AAP: -0.40
Advance Auto Parts (MEX:AAP) 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.
Advance Auto Parts 3-Year Share Buyback Ratio Related Terms
MEX:AAP vs QS, VGNT, DAN: 3-Year Share Buyback Ratio Comparison
For the Auto Parts subindustry, Advance Auto Parts'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.
Advance Auto Parts 3-Year Share Buyback Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Advance Auto Parts's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Advance Auto Parts's 3-Year Share Buyback Ratio falls into.
Advance Auto Parts 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 -0.40 mean?
Advance Auto Parts (MEX:AAP) has a 3-Year Share Buyback Ratio of -0.40 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 Advance Auto Parts and its competitors. According to the industry distribution chart, Advance Auto Parts ranks #331 out of 759 companies in the Vehicles & Parts industry, placing it in the top 43.6%.
Is Advance Auto Parts' 3-Year Share Buyback Ratio too high?
Advance Auto Parts' current 3-Year Share Buyback Ratio is -0.40. Based on the distribution chart, Advance Auto Parts ranks #331 out of 759 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Advance Auto Parts has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Advance Auto Parts' 3-Year Share Buyback Ratio compare to QS and VGNT?
According to the Vehicles & Parts industry distribution chart, Advance Auto Parts ranks #331 out of 759 companies for 3-Year Share Buyback Ratio. This puts Advance Auto Parts 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 Vehicles & Parts company?
A good 3-Year Share Buyback Ratio depends on the Vehicles & Parts 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 Advance Auto Parts and its competitors. Advance Auto Parts's current 3-Year Share Buyback Ratio is -0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Auto Parts stock overvalued right now?
Based on GuruFocus' analysis, Advance Auto Parts (MEX:AAP) is currently considered Fairly Valued. The stock's GF Value™ is MXN896.26, compared to a current price of MXN968.18 — trading 8% above its estimated fair value. The current 3-Year Share Buyback Ratio is -0.40. Advance Auto Parts' overall GF Score™ is 55/100 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 Advance Auto Parts (MEX:AAP), the current 3-Year Share Buyback Ratio is -0.40 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 Advance Auto Parts (MEX:AAP) Overvalued in 2026?
Based on GuruFocus' analysis, Advance Auto Parts stock appears to be overvalued.
The current stock price of MXN968.18 is trading 8% above its estimated GF Value™ of MXN896.26.
GuruFocus considers Advance Auto Parts to be Fairly Valued.
Key valuation signals for MEX:AAP:
3-Year Share Buyback Ratio: -0.40
GF Value™: MXN896.26 vs. price of MXN968.18 (8% above fair value)
No single metric tells the full story. See the MEX:AAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advance Auto Parts is a leading auto-parts retailer in North America with more than 4,000 store and branch locations. About half of the firm's sales are geared toward the professional channel, with the remaining sales in the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units for various vehicle makes and models. The retailer primarily competes on inventory availability and service speed, making the operating efficiency of its hub-and-spoke distribution model critical to meeting customer needs.
55GF Score
Get the complete analysis for MEX:AAP
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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