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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. Minto Apartment REIT's current 3-Year Share Buyback Ratio was 2.80%.
The historical rank and industry rank for Minto Apartment REIT's 3-Year Share Buyback Ratio or its related term are showing as below:
MIAPF'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -38 Med: -4 Max: 2.8
Current: 2.8
During the past 11 years, Minto Apartment REIT's highest 3-Year Share Buyback Ratio was 2.80%. The lowest was -38.00%. And the median was -4.00%.
MIAPF's 3-Year Share Buyback Ratio is ranked better than 95.85% of 603
companies
in the REITs industry
Industry Median: -2.9
vs MIAPF: 2.80
Minto Apartment REIT (OTCPK:MIAPF) 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.
Minto Apartment REIT 3-Year Share Buyback Ratio Related Terms
MIAPF vs AVB, EQR, ESS: 3-Year Share Buyback Ratio Comparison
For the REIT - Residential subindustry, Minto Apartment REIT'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.
Minto Apartment REIT 3-Year Share Buyback Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Minto Apartment REIT's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Minto Apartment REIT's 3-Year Share Buyback Ratio falls into.
Minto Apartment REIT 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 2.80 mean?
Minto Apartment REIT (MIAPF) has a 3-Year Share Buyback Ratio of 2.80 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 Minto Apartment REIT and its competitors. According to the industry distribution chart, Minto Apartment REIT ranks #25 out of 603 companies in the REITs industry, placing it in the top 4.1%.
Is Minto Apartment REIT's 3-Year Share Buyback Ratio too high?
Minto Apartment REIT's current 3-Year Share Buyback Ratio is 2.80. Based on the distribution chart, Minto Apartment REIT ranks #25 out of 603 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Minto Apartment REIT has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minto Apartment REIT's 3-Year Share Buyback Ratio compare to AVB and EQR?
According to the REITs industry distribution chart, Minto Apartment REIT ranks #25 out of 603 companies for 3-Year Share Buyback Ratio. This places Minto Apartment REIT in the top 4% 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 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 Minto Apartment REIT and its competitors. Minto Apartment REIT's current 3-Year Share Buyback Ratio is 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minto Apartment REIT stock overvalued right now?
Based on GuruFocus' analysis, Minto Apartment REIT (MIAPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.55, compared to a current price of $13.49 — trading 16.8% above its estimated fair value. The current 3-Year Share Buyback Ratio is 2.80. Minto Apartment REIT's overall GF Score™ is 47/100 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 Minto Apartment REIT (MIAPF), the current 3-Year Share Buyback Ratio is 2.80 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 Minto Apartment REIT (MIAPF) Overvalued in 2026?
Based on GuruFocus' analysis, Minto Apartment REIT stock appears to be overvalued.
The current stock price of $13.49 is trading 16.8% above its estimated GF Value™ of $11.55.
GuruFocus considers Minto Apartment REIT to be Modestly Overvalued.
Key valuation signals for MIAPF:
3-Year Share Buyback Ratio: 2.80
GF Value™: $11.55 vs. price of $13.49 (16.8% above fair value)
No single metric tells the full story. See the MIAPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.
47GF Score
Get the complete analysis for MIAPF
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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