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South Pacific MetalsSPMEF -4.05%34 3-Year Share Buyback Ratio is -108.50 as of Mar. 2026. GuruFocus rates SPMEF with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 2,168 Metals & Mining companies, South Pacific Metals ranks worse than 95.8% on this metric.
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. South Pacific Metals's current 3-Year Share Buyback Ratio was -108.50%.
The historical rank and industry rank for South Pacific Metals's 3-Year Share Buyback Ratio or its related term are showing as below:
SPMEF'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -108.5 Med: -106.65 Max: -104.8
Current: -108.5
During the past 5 years, South Pacific Metals's highest 3-Year Share Buyback Ratio was -104.80%. The lowest was -108.50%. And the median was -106.65%.
SPMEF's 3-Year Share Buyback Ratio is ranked worse than 95.8% of 2168
companies
in the Metals & Mining industry
Industry Median: -17.5
vs SPMEF: -108.50
South Pacific Metals (OTCPK:SPMEF) 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.
South Pacific Metals 3-Year Share Buyback Ratio Related Terms
SPMEF vs NEM, AU: 3-Year Share Buyback Ratio Comparison
For the Gold subindustry, South Pacific Metals'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.
South Pacific Metals 3-Year Share Buyback Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, South Pacific Metals's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where South Pacific Metals's 3-Year Share Buyback Ratio falls into.
South Pacific Metals 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 -108.50 mean?
South Pacific Metals (SPMEF) has a 3-Year Share Buyback Ratio of -108.50 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 South Pacific Metals and its competitors. According to the industry distribution chart, South Pacific Metals ranks #2077 out of 2168 companies in the Metals & Mining industry, placing it in the top 95.8%.
Is South Pacific Metals' 3-Year Share Buyback Ratio too high?
South Pacific Metals' current 3-Year Share Buyback Ratio is -108.50. Based on the distribution chart, South Pacific Metals ranks #2077 out of 2168 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, South Pacific Metals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does South Pacific Metals' 3-Year Share Buyback Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, South Pacific Metals ranks #2077 out of 2168 companies for 3-Year Share Buyback Ratio. This places South Pacific Metals 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 Metals & Mining company?
A good 3-Year Share Buyback Ratio depends on the Metals & Mining 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 South Pacific Metals and its competitors. South Pacific Metals's current 3-Year Share Buyback Ratio is -108.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Pacific Metals stock overvalued right now?
South Pacific Metals (SPMEF) has a current 3-Year Share Buyback Ratio of -108.50. The current 3-Year Share Buyback Ratio is -108.50. South Pacific Metals' overall GF Score™ is 34/100 with 2 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 South Pacific Metals (SPMEF), the current 3-Year Share Buyback Ratio is -108.50 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.
South Pacific Metals Corp is an emerging gold-copper exploration company operating in the heart of Papua New Guinea's gold and copper production corridors. With an expansive 3,000 sqkm land package and four transformative gold-copper projects contiguous with producers K92 Mining, PanAust and neighbouring Barrick Gold, new leadership and experienced in-country teams are prioritizing thoughtful and rigorous technical programs focused on boots-on-the-ground exploration to prioritize discovery across its portfolio projects: Anga, Osena, Kili Teke and May River.
34GF Score
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