TBLT (ToughBuilt Industries) 3-Year Share Buyback Ratio: 0.00% (As of Dec. 2023)

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TBLT ToughBuilt Industries Inc TBLT
12 GF Score
Price $0.01
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What is ToughBuilt Industries 3-Year Share Buyback Ratio?

ToughBuilt Industries TBLT 12 3-Year Share Buyback Ratio is 0.00 as of Dec. 2023. GuruFocus rates TBLT with a GF Score™ of 12/100.

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

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

During the past 8 years, ToughBuilt Industries's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was 0.00%. And the median was 0.00%.

TBLT's 3-Year Share Buyback Ratio is not ranked *
in the Industrial Products industry.
Industry Median: -1.2
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

ToughBuilt Industries (OTCPK:TBLT) 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.


ToughBuilt Industries 3-Year Share Buyback Ratio Related Terms


TBLT vs CVR, SNA, SWK: 3-Year Share Buyback Ratio Comparison

For the Tools & Accessories subindustry, ToughBuilt 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.


ToughBuilt Industries 3-Year Share Buyback Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ToughBuilt Industries's 3-Year Share Buyback Ratio distribution charts can be found below:

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


TBLT
12GF Score
ToughBuilt Industries Inc TBLT
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ToughBuilt 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?
ToughBuilt Industries (TBLT) has a 3-Year Share Buyback Ratio of 0.00 as of Dec. 2023. 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 ToughBuilt Industries and its competitors.
Is ToughBuilt Industries' 3-Year Share Buyback Ratio too high?
ToughBuilt Industries' current 3-Year Share Buyback Ratio is 0.00. Overall, ToughBuilt Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does ToughBuilt Industries' 3-Year Share Buyback Ratio compare to CVR and SNA?
ToughBuilt Industries' 3-Year Share Buyback Ratio of 0.00 can be compared against companies in the Industrial 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 an Industrial Products company?
A good 3-Year Share Buyback Ratio depends on the Industrial 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 ToughBuilt Industries and its competitors. ToughBuilt 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 ToughBuilt Industries stock overvalued right now?
ToughBuilt Industries (TBLT) has a current 3-Year Share Buyback Ratio of 0.00. The current 3-Year Share Buyback Ratio is 0.00. ToughBuilt Industries' overall GF Score™ is 12/100. 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 ToughBuilt Industries (TBLT), the current 3-Year Share Buyback Ratio is 0.00 as of Dec. 2023. 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.

ToughBuilt Industries Business Description

Address 8669 Research Drive, Irvine, CA, USA, 92618
ToughBuilt Industries Inc designs and distributes home improvement and construction product lines under the brand name TOUGHBUILT. Its primary categories contain a total of approximately 22 product lines, consisting of Soft Goods, which include kneepads, tool bags, pouches, and tool belts; Metal Goods, which consist of sawhorses, tool stands, and workbench and; Utility Products, which include utility knives, aviation snips, shears, lasers and levels. Geographically, the group derives revenue from Canada, Europe, USA, and other countries, of which prime revenue is derived from the USA.
12GF 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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