TCPFF (True PCL) 3-Year Share Buyback Ratio: -1.20% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TCPFF True Corp PCL TCPFF
33 GF Score
Price $0.30
GF Value $0.24
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is True PCL 3-Year Share Buyback Ratio?

True PCL TCPFF 33 3-Year Share Buyback Ratio is -1.20 as of Jun. 2026. GuruFocus rates TCPFF with a GF Score™ of 33/100 and a GF Value™ of $0.24 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 232 Telecommunication Services companies, True PCL ranks worse than 62.5% 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. True PCL's current 3-Year Share Buyback Ratio was -1.20%.

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

TCPFF' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -54.6   Med: -1.6   Max: 10.2
Current: -1.2

During the past 13 years, True PCL's highest 3-Year Share Buyback Ratio was 10.20%. The lowest was -54.60%. And the median was -1.60%.

TCPFF's 3-Year Share Buyback Ratio is ranked worse than
62.5% of 232 companies
in the Telecommunication Services industry
Industry Median: -0.3 vs TCPFF: -1.20

True PCL (OTCPK:TCPFF) 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.


True PCL 3-Year Share Buyback Ratio Related Terms


TCPFF vs VZ, TMUS, T: 3-Year Share Buyback Ratio Comparison

For the Telecom Services subindustry, True PCL'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.


True PCL 3-Year Share Buyback Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, True PCL's 3-Year Share Buyback Ratio distribution charts can be found below:

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


TCPFF
33GF Score
True Corp PCL TCPFF
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

True PCL 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 -1.20 mean?
True PCL (TCPFF) has a 3-Year Share Buyback Ratio of -1.20 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 True PCL and its competitors. According to the industry distribution chart, True PCL ranks #145 out of 232 companies in the Telecommunication Services industry, placing it in the top 62.5%.
Is True PCL's 3-Year Share Buyback Ratio too high?
True PCL's current 3-Year Share Buyback Ratio is -1.20. Based on the distribution chart, True PCL ranks #145 out of 232 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, True PCL has a GF Score™ of 33/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does True PCL's 3-Year Share Buyback Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, True PCL ranks #145 out of 232 companies for 3-Year Share Buyback Ratio. This places True PCL 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 Telecommunication Services company?
A good 3-Year Share Buyback Ratio depends on the Telecommunication Services 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 True PCL and its competitors. True PCL's current 3-Year Share Buyback Ratio is -1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True PCL stock overvalued right now?
Based on GuruFocus' analysis, True PCL (TCPFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.24, compared to a current price of $0.30 — trading 25% above its estimated fair value. The current 3-Year Share Buyback Ratio is -1.20. True PCL's overall GF Score™ is 33/100 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 True PCL (TCPFF), the current 3-Year Share Buyback Ratio is -1.20 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 True PCL (TCPFF) Overvalued in 2026?

Based on GuruFocus' analysis, True PCL stock appears to be overvalued. The current stock price of $0.30 is trading 25% above its estimated GF Value™ of $0.24. GuruFocus considers True PCL to be Modestly Overvalued.

Key valuation signals for TCPFF:

  • 3-Year Share Buyback Ratio: -1.20
  • GF Value™: $0.24 vs. price of $0.30 (25% above fair value)
  • GF Score™: 33/100 with 7 warning signs

No single metric tells the full story. See the TCPFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


True PCL Business Description

Address 18 True Tower, Ratchadaphisek Road, Huai Khwang, Bangkok, THA, 10310
True Corp PCL is a triple-play telecommunications company. It operates through three business segments: Mobile, Pay TV, Broadband internet and others. The majority of revenue is derived from Mobile segment, the company's mobile services product offering. The majority of the company's customer base in its mobile services division is considered prepaid. Broadband internet and other generated revenue internet services are recognized when rendering the service to subscribers. Pay TV generates revenues from monthly subscription fees recognized in the month in which the service is provided, commencing from the completion of installation. It operates in a single geographical area, which is Thailand.
33GF Score

Get the complete analysis for TCPFF

3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.30
Price
$0.24
GF Value