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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. Tactile Systems Technology's current 3-Year Share Buyback Ratio was -3.50%.
The historical rank and industry rank for Tactile Systems Technology's 3-Year Share Buyback Ratio or its related term are showing as below:
TCMD'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -6.6 Med: -3.25 Max: -0.4
Current: -3.5
During the past 13 years, Tactile Systems Technology's highest 3-Year Share Buyback Ratio was -0.40%. The lowest was -6.60%. And the median was -3.25%.
TCMD's 3-Year Share Buyback Ratio is ranked worse than 54.23% of 614
companies
in the Medical Devices & Instruments industry
Industry Median: -2.6
vs TCMD: -3.50
Tactile Systems Technology (NAS:TCMD) 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.
Tactile Systems Technology 3-Year Share Buyback Ratio Related Terms
TCMD vs CBLL, CERS, CTKB: 3-Year Share Buyback Ratio Comparison
For the Medical Devices subindustry, Tactile Systems 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.
Tactile Systems Technology 3-Year Share Buyback Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Tactile Systems Technology's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Tactile Systems Technology's 3-Year Share Buyback Ratio falls into.
Tactile Systems 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 -3.50 mean?
Tactile Systems Technology (TCMD) has a 3-Year Share Buyback Ratio of -3.50 as of Jun. 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 Tactile Systems Technology and its competitors. According to the industry distribution chart, Tactile Systems Technology ranks #333 out of 614 companies in the Medical Devices & Instruments industry, placing it in the top 54.2%.
Is Tactile Systems Technology's 3-Year Share Buyback Ratio too high?
Tactile Systems Technology's current 3-Year Share Buyback Ratio is -3.50. Based on the distribution chart, Tactile Systems Technology ranks #333 out of 614 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Tactile Systems Technology has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tactile Systems Technology's 3-Year Share Buyback Ratio compare to CBLL and CERS?
According to the Medical Devices & Instruments industry distribution chart, Tactile Systems Technology ranks #333 out of 614 companies for 3-Year Share Buyback Ratio. This places Tactile Systems 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 a Medical Devices & Instruments company?
A good 3-Year Share Buyback Ratio depends on the Medical Devices & Instruments 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 Tactile Systems Technology and its competitors. Tactile Systems Technology's current 3-Year Share Buyback Ratio is -3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tactile Systems Technology stock overvalued right now?
Based on GuruFocus' analysis, Tactile Systems Technology (TCMD) is currently considered Modestly Overvalued. The stock's GF Value™ is $18.72, compared to a current price of $23.71 — trading 26.7% above its estimated fair value. The current 3-Year Share Buyback Ratio is -3.50. Tactile Systems Technology's overall GF Score™ is 78/100 with 1 warning sign 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 Tactile Systems Technology (TCMD), the current 3-Year Share Buyback Ratio is -3.50 as of Jun. 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 Tactile Systems Technology (TCMD) Overvalued in 2026?
Based on GuruFocus' analysis, Tactile Systems Technology stock appears to be overvalued.
The current stock price of $23.71 is trading 26.7% above its estimated GF Value™ of $18.72.
GuruFocus considers Tactile Systems Technology to be Modestly Overvalued.
Key valuation signals for TCMD:
3-Year Share Buyback Ratio: -3.50
GF Value™: $18.72 vs. price of $23.71 (26.7% above fair value)
No single metric tells the full story. See the TCMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tactile Systems Technology Inc is a medical technology company. The company is engaged in developing and providing medical devices for the treatment of chronic diseases. The firm's proprietary platform flexitouch system, provides a home-based solution for lymphedema patients. The entire system is another home solution for patients with chronic swelling and actitouch system for chronic venous insufficiency patients that may be worn throughout the day.
78GF Score
Get the complete analysis for TCMD
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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