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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. Construction Partners's current 3-Year Share Buyback Ratio was -2.10%.
The historical rank and industry rank for Construction Partners's 3-Year Share Buyback Ratio or its related term are showing as below:
ROAD'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -7.4 Med: -0.6 Max: -0.2
Current: -2.1
During the past 10 years, Construction Partners's highest 3-Year Share Buyback Ratio was -0.20%. The lowest was -7.40%. And the median was -0.60%.
ROAD's 3-Year Share Buyback Ratio is ranked worse than 58.47% of 939
companies
in the Construction industry
Industry Median: -0.9
vs ROAD: -2.10
Construction Partners (NAS:ROAD) 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.
Construction Partners 3-Year Share Buyback Ratio Related Terms
ROAD vs GVA, ACA, MYRG: 3-Year Share Buyback Ratio Comparison
For the Engineering & Construction subindustry, Construction Partners'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.
Construction Partners 3-Year Share Buyback Ratio vs Construction Industry
For the Construction industry and Industrials sector, Construction Partners's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Construction Partners's 3-Year Share Buyback Ratio falls into.
Construction Partners 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 -2.10 mean?
Construction Partners (ROAD) has a 3-Year Share Buyback Ratio of -2.10 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 Construction Partners and its competitors. According to the industry distribution chart, Construction Partners ranks #549 out of 939 companies in the Construction industry, placing it in the top 58.5%.
Is Construction Partners' 3-Year Share Buyback Ratio too high?
Construction Partners' current 3-Year Share Buyback Ratio is -2.10. Based on the distribution chart, Construction Partners ranks #549 out of 939 companies in the Construction industry, which is below the industry midpoint. Overall, Construction Partners has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Construction Partners' 3-Year Share Buyback Ratio compare to GVA and ACA?
According to the Construction industry distribution chart, Construction Partners ranks #549 out of 939 companies for 3-Year Share Buyback Ratio. This places Construction Partners 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 Construction company?
A good 3-Year Share Buyback Ratio depends on the Construction 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 Construction Partners and its competitors. Construction Partners's current 3-Year Share Buyback Ratio is -2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construction Partners stock overvalued right now?
Based on GuruFocus' analysis, Construction Partners (ROAD) is currently considered Modestly Undervalued. The stock's GF Value™ is $122.47, compared to a current price of $102.22 — trading 16.5% below its estimated fair value. The current 3-Year Share Buyback Ratio is -2.10. Construction Partners' overall GF Score™ is 93/100 with 5 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 Construction Partners (ROAD), the current 3-Year Share Buyback Ratio is -2.10 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 Construction Partners (ROAD) Overvalued in 2026?
Based on GuruFocus' analysis, Construction Partners stock appears to be undervalued.
The current stock price of $102.22 is trading 16.5% below its estimated GF Value™ of $122.47.
GuruFocus considers Construction Partners to be Modestly Undervalued.
Key valuation signals for ROAD:
3-Year Share Buyback Ratio: -2.10
GF Value™: $122.47 vs. price of $102.22 (16.5% below fair value)
No single metric tells the full story. See the ROAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Construction Partners Inc operates as a civil infrastructure company. It specializes in the construction and maintenance of roadways. The company through its subsidiaries, provides various products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. Its operations consist of manufacturing and distributing hot mix asphalt, paving activities, including the construction of roadway base layers and application of asphalt pavement, site development, including the installation of utility and drainage systems, and others. The company has a single segment which predominantly consists of infrastructure and road construction, and operates across various states in the United States.
93GF 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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