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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. Merlin Properties SOCIMI's current 3-Year Share Buyback Ratio was -6.30%.
The historical rank and industry rank for Merlin Properties SOCIMI's 3-Year Share Buyback Ratio or its related term are showing as below:
MPTYY'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -47.2 Med: -3.3 Max: 0.4
Current: -6.3
During the past 13 years, Merlin Properties SOCIMI's highest 3-Year Share Buyback Ratio was 0.40%. The lowest was -47.20%. And the median was -3.30%.
MPTYY's 3-Year Share Buyback Ratio is ranked worse than 65.79% of 605
companies
in the REITs industry
Industry Median: -2.9
vs MPTYY: -6.30
Merlin Properties SOCIMI (OTCPK:MPTYY) 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.
Merlin Properties SOCIMI 3-Year Share Buyback Ratio Related Terms
MPTYY vs BXP, ARE, VNO: 3-Year Share Buyback Ratio Comparison
For the REIT - Office subindustry, Merlin Properties SOCIMI'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.
Merlin Properties SOCIMI 3-Year Share Buyback Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Merlin Properties SOCIMI's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Merlin Properties SOCIMI's 3-Year Share Buyback Ratio falls into.
Merlin Properties SOCIMI 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 -6.30 mean?
Merlin Properties SOCIMI (MPTYY) has a 3-Year Share Buyback Ratio of -6.30 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 Merlin Properties SOCIMI and its competitors. According to the industry distribution chart, Merlin Properties SOCIMI ranks #398 out of 605 companies in the REITs industry, placing it in the top 65.8%.
Is Merlin Properties SOCIMI's 3-Year Share Buyback Ratio too high?
Merlin Properties SOCIMI's current 3-Year Share Buyback Ratio is -6.30. Based on the distribution chart, Merlin Properties SOCIMI ranks #398 out of 605 companies in the REITs industry, which is below the industry midpoint. Overall, Merlin Properties SOCIMI has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Merlin Properties SOCIMI's 3-Year Share Buyback Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Merlin Properties SOCIMI ranks #398 out of 605 companies for 3-Year Share Buyback Ratio. This places Merlin Properties SOCIMI 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 Merlin Properties SOCIMI and its competitors. Merlin Properties SOCIMI's current 3-Year Share Buyback Ratio is -6.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merlin Properties SOCIMI stock overvalued right now?
Based on GuruFocus' analysis, Merlin Properties SOCIMI (MPTYY) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.96, compared to a current price of $34.71 — trading 33.7% above its estimated fair value. The current 3-Year Share Buyback Ratio is -6.30. Merlin Properties SOCIMI's overall GF Score™ is 58/100 with 8 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 Merlin Properties SOCIMI (MPTYY), the current 3-Year Share Buyback Ratio is -6.30 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 Merlin Properties SOCIMI (MPTYY) Overvalued in 2026?
Based on GuruFocus' analysis, Merlin Properties SOCIMI stock appears to be overvalued.
The current stock price of $34.71 is trading 33.7% above its estimated GF Value™ of $25.96.
GuruFocus considers Merlin Properties SOCIMI to be Significantly Overvalued.
Key valuation signals for MPTYY:
3-Year Share Buyback Ratio: -6.30
GF Value™: $25.96 vs. price of $34.71 (33.7% above fair value)
No single metric tells the full story. See the MPTYY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merlin Properties is Spain's largest listed SOCIMI/REIT, managing a EUR 12.6 billion portfolio across offices, logistics, shopping centers, and data centers. Over the coming years, it will bring 730 MW of data center capacity online, increasing its gross rental income contribution from just 6% in 2025 to 65% by 2032. Its total GRI will more than triple to EUR 1.8 billion, driven by this "Mega" plan. Additionally, it has a pipeline of 4.4 GW worth of land at varying stages of readiness it can develop.
58GF Score
Get the complete analysis for MPTYY
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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