Milton Industries (NSE:MILTON) 3-Year Share Buyback Ratio: 0.00% (As of Mar. 2024)

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NSE:MILTON Milton Industries Ltd NSE:MILTON
4 GF Score
Price ₹36.20
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What is Milton Industries 3-Year Share Buyback Ratio?

Milton Industries NSE:MILTON 4 3-Year Share Buyback Ratio is 0.00 as of Mar. 2024. GuruFocus rates NSE:MILTON with a GF Score™ of 4/100.

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. Milton Industries's current 3-Year Share Buyback Ratio was 0.00%.

The historical rank and industry rank for Milton Industries's 3-Year Share Buyback Ratio or its related term are showing as below:

During the past 12 years, Milton Industries's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was 0.00%. And the median was 0.00%.

NSE:MILTON's 3-Year Share Buyback Ratio is not ranked *
in the Forest Products industry.
Industry Median: -0.45
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Milton Industries (NSE:MILTON) 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.

Milton Industries 3-Year Share Buyback Ratio Related Terms

NSE:MILTON vs SSD, UFPI, BCC: 3-Year Share Buyback Ratio Comparison

For the Lumber & Wood Production subindustry, Milton Industries'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.

Milton Industries 3-Year Share Buyback Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Milton Industries's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Milton Industries's 3-Year Share Buyback Ratio falls into.


NSE:MILTON
4GF Score
Milton Industries Ltd NSE:MILTON
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Milton Industries 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 0.00 mean?
Milton Industries (NSE:MILTON) has a 3-Year Share Buyback Ratio of 0.00 as of Mar. 2024. 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 Milton Industries and its competitors.
Is Milton Industries' 3-Year Share Buyback Ratio too high?
Milton Industries' current 3-Year Share Buyback Ratio is 0.00. Overall, Milton Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Milton Industries' 3-Year Share Buyback Ratio compare to SSD and UFPI?
Milton Industries' 3-Year Share Buyback Ratio of 0.00 can be compared against companies in the Forest Products 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 Forest Products company?
A good 3-Year Share Buyback Ratio depends on the Forest Products 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 Milton Industries and its competitors. Milton Industries's current 3-Year Share Buyback Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Milton Industries stock overvalued right now?
Milton Industries (NSE:MILTON) has a current 3-Year Share Buyback Ratio of 0.00. The current 3-Year Share Buyback Ratio is 0.00. Milton Industries' overall GF Score™ is 4/100. 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 Milton Industries (NSE:MILTON), the current 3-Year Share Buyback Ratio is 0.00 as of Mar. 2024. 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.

Milton Industries Business Description

Address Ashram Road, 1/2, Chitra-Ami Appartment, Opposite La Gajjar Chamber, Ahmedabad, GJ, IND, 380009
Milton Industries Ltd is engaged in the manufacturing of laminated sheets and other allied products. The firm produces artificial leather cloth and glass fiber reinforced epoxy (GFRE) sheets. It also manufactures, exports high-pressure laminates, industrial laminates, laminated boards, flooring laminates, artificial leather cloth, and other products. The business operates in three segments: Laminate, Rexine, and GFRE, of which the majority of the revenue comes from the GFRE division. The company's products are applicable on walls, doors, windows, cupboards, tabletops, hotels, cash counters and home kitchens. The majority of the revenue comes from the Indian market.
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3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹36.20
Price