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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. Recon Technology's current 3-Year Share Buyback Ratio was -74.10%.
The historical rank and industry rank for Recon Technology's 3-Year Share Buyback Ratio or its related term are showing as below:
RCON'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -207.2 Med: -105.9 Max: -26
Current: -74.1
During the past 13 years, Recon Technology's highest 3-Year Share Buyback Ratio was -26.00%. The lowest was -207.20%. And the median was -105.90%.
RCON's 3-Year Share Buyback Ratio is ranked worse than 95.02% of 683
companies
in the Oil & Gas industry
Industry Median: -3.5
vs RCON: -74.10
Recon Technology (NAS:RCON) 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.
Recon Technology 3-Year Share Buyback Ratio Related Terms
RCON vs KLXE, KLNG, LSE: 3-Year Share Buyback Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Recon Technology'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.
Recon Technology 3-Year Share Buyback Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Recon Technology's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Recon Technology's 3-Year Share Buyback Ratio falls into.
Recon Technology 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 -74.10 mean?
Recon Technology (RCON) has a 3-Year Share Buyback Ratio of -74.10 as of Dec. 2025. 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 Recon Technology and its competitors. According to the industry distribution chart, Recon Technology ranks #649 out of 683 companies in the Oil & Gas industry, placing it in the top 95%.
Is Recon Technology's 3-Year Share Buyback Ratio too high?
Recon Technology's current 3-Year Share Buyback Ratio is -74.10. Based on the distribution chart, Recon Technology ranks #649 out of 683 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Recon Technology has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Recon Technology's 3-Year Share Buyback Ratio compare to KLXE and KLNG?
According to the Oil & Gas industry distribution chart, Recon Technology ranks #649 out of 683 companies for 3-Year Share Buyback Ratio. This places Recon Technology 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 an Oil & Gas company?
A good 3-Year Share Buyback Ratio depends on the Oil & Gas 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 Recon Technology and its competitors. Recon Technology's current 3-Year Share Buyback Ratio is -74.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Recon Technology stock overvalued right now?
Based on GuruFocus' analysis, Recon Technology (RCON) is currently considered Possible Value Trap. The stock's GF Value™ is $498.30, compared to a current price of $3.12 — trading 99.4% below its estimated fair value. The current 3-Year Share Buyback Ratio is -74.10. Recon Technology's overall GF Score™ is 45/100 with 7 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 Recon Technology (RCON), the current 3-Year Share Buyback Ratio is -74.10 as of Dec. 2025. 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 Recon Technology (RCON) Overvalued in 2026?
Based on GuruFocus' analysis, Recon Technology stock appears to be undervalued.
The current stock price of $3.12 is trading 99.4% below its estimated GF Value™ of $498.30.
GuruFocus considers Recon Technology to be Possible Value Trap.
Key valuation signals for RCON:
3-Year Share Buyback Ratio: -74.10
GF Value™: $498.30 vs. price of $3.12 (99.4% below fair value)
No single metric tells the full story. See the RCON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Recon Technology Ltd provides automation systems, industrial equipment, and support services tailored for the oil and gas industry in China. The company's business spans key segments such as automation products and software, equipment and accessories, oilfield environmental protection, and platform outsourcing services. It generates the majority of its revenue by providing integrated automation services to Chinese petroleum companies at oilfields. Its key products and services include pumping unit controllers, natural gas flow computer systems, wireless dynamometers and wireless pressure gauges, and an oilfield monitor and data acquisition system. The company's operations are centered on servicing upstream clients throughout China, with some broader industrial automation solutions.
45GF Score
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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.
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