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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. Magellan Aerospace's current 3-Year Share Buyback Ratio was 0.20%.
The historical rank and industry rank for Magellan Aerospace's 3-Year Share Buyback Ratio or its related term are showing as below:
TSX:MAL'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -129.3 Med: -1.2 Max: 0.4
Current: 0.2
During the past 13 years, Magellan Aerospace's highest 3-Year Share Buyback Ratio was 0.40%. The lowest was -129.30%. And the median was -1.20%.
TSX:MAL's 3-Year Share Buyback Ratio is ranked better than 83.26% of 227
companies
in the Aerospace & Defense industry
Industry Median: -3.6
vs TSX:MAL: 0.20
Magellan Aerospace (TSX:MAL) 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.
Magellan Aerospace 3-Year Share Buyback Ratio Related Terms
TSX:MAL vs SPCX, GE, RTX: 3-Year Share Buyback Ratio Comparison
For the Aerospace & Defense subindustry, Magellan Aerospace'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.
Magellan Aerospace 3-Year Share Buyback Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Magellan Aerospace's 3-Year Share Buyback Ratio falls into.
Magellan Aerospace 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 0.20 mean?
Magellan Aerospace (TSX:MAL) has a 3-Year Share Buyback Ratio of 0.20 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 Magellan Aerospace and its competitors. According to the industry distribution chart, Magellan Aerospace ranks #38 out of 227 companies in the Aerospace & Defense industry, placing it in the top 16.7%.
Is Magellan Aerospace's 3-Year Share Buyback Ratio too high?
Magellan Aerospace's current 3-Year Share Buyback Ratio is 0.20. Based on the distribution chart, Magellan Aerospace ranks #38 out of 227 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Magellan Aerospace has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magellan Aerospace's 3-Year Share Buyback Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Magellan Aerospace ranks #38 out of 227 companies for 3-Year Share Buyback Ratio. This places Magellan Aerospace in the top 17% of its industry — outperforming the majority of peers. 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 Aerospace & Defense company?
A good 3-Year Share Buyback Ratio depends on the Aerospace & Defense 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 Magellan Aerospace and its competitors. Magellan Aerospace's current 3-Year Share Buyback Ratio is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magellan Aerospace stock overvalued right now?
Based on GuruFocus' analysis, Magellan Aerospace (TSX:MAL) is currently considered Significantly Overvalued. The stock's GF Value™ is C$13.24, compared to a current price of C$32.69 — trading 146.9% above its estimated fair value. The current 3-Year Share Buyback Ratio is 0.20. Magellan Aerospace's overall GF Score™ is 72/100 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 Magellan Aerospace (TSX:MAL), the current 3-Year Share Buyback Ratio is 0.20 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 Magellan Aerospace (TSX:MAL) Overvalued in 2026?
Based on GuruFocus' analysis, Magellan Aerospace stock appears to be overvalued.
The current stock price of C$32.69 is trading 146.9% above its estimated GF Value™ of C$13.24.
GuruFocus considers Magellan Aerospace to be Significantly Overvalued.
Key valuation signals for TSX:MAL:
3-Year Share Buyback Ratio: 0.20
GF Value™: C$13.24 vs. price of C$32.69 (146.9% above fair value)
No single metric tells the full story. See the TSX:MAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magellan Aerospace Corp supplies components to the aerospace industry. Through its subsidiaries, it engineers and manufactures aero-engine and aerostructure components for aerospace markets, including products for defense and space markets, and complementary specialty products. Some of its product offerings include honeycomb and filament-wound tubes, frames, compressor components, bypass ducts, black brant rockets, and helicopter power transmission housings, among others. The group also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services. It operates activities in one reportable segment, namely Aerospace. Geographically, the group derives its maximum revenue from Canada, followed by the United States and Europe.
72GF Score
Get the complete analysis for TSX:MAL
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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