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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. Tubacex's current 3-Year Share Buyback Ratio was -0.90%.
The historical rank and industry rank for Tubacex's 3-Year Share Buyback Ratio or its related term are showing as below:
XMAD:TUB'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -0.9 Med: 0 Max: 2.3
Current: -0.9
During the past 13 years, Tubacex's highest 3-Year Share Buyback Ratio was 2.30%. The lowest was -0.90%. And the median was 0.00%.
XMAD:TUB's 3-Year Share Buyback Ratio is ranked worse than 51.07% of 280
companies
in the Steel industry
Industry Median: -0.7
vs XMAD:TUB: -0.90
Tubacex (XMAD:TUB) 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.
Tubacex 3-Year Share Buyback Ratio Related Terms
XMAD:TUB vs NUE, STLD, RS: 3-Year Share Buyback Ratio Comparison
For the Steel subindustry, Tubacex'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.
Tubacex 3-Year Share Buyback Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Tubacex's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Tubacex's 3-Year Share Buyback Ratio falls into.
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 -0.90 mean?
Tubacex (XMAD:TUB) has a 3-Year Share Buyback Ratio of -0.90 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 Tubacex and its competitors. According to the industry distribution chart, Tubacex ranks #143 out of 280 companies in the Steel industry, placing it in the top 51.1%.
Is Tubacex's 3-Year Share Buyback Ratio too high?
Tubacex's current 3-Year Share Buyback Ratio is -0.90. Based on the distribution chart, Tubacex ranks #143 out of 280 companies in the Steel industry, which is below the industry midpoint. Overall, Tubacex has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tubacex's 3-Year Share Buyback Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tubacex ranks #143 out of 280 companies for 3-Year Share Buyback Ratio. This places Tubacex 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 Steel company?
A good 3-Year Share Buyback Ratio depends on the Steel 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 Tubacex and its competitors. Tubacex's current 3-Year Share Buyback Ratio is -0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tubacex stock overvalued right now?
Based on GuruFocus' analysis, Tubacex (XMAD:TUB) is currently considered Fairly Valued. The stock's GF Value™ is €2.96, compared to a current price of €2.93 — trading 1% below its estimated fair value. The current 3-Year Share Buyback Ratio is -0.90. Tubacex's overall GF Score™ is 77/100 with 5 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 Tubacex (XMAD:TUB), the current 3-Year Share Buyback Ratio is -0.90 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 Tubacex (XMAD:TUB) Overvalued in 2026?
Based on GuruFocus' analysis, Tubacex stock appears to be undervalued.
The current stock price of €2.93 is trading 1% below its estimated GF Value™ of €2.96.
GuruFocus considers Tubacex to be Fairly Valued.
Key valuation signals for XMAD:TUB:
3-Year Share Buyback Ratio: -0.90
GF Value™: €2.96 vs. price of €2.93 (1% below fair value)
No single metric tells the full story. See the XMAD:TUB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tubacex SA together with its subsidiaries, manufactures and markets stainless steel and high-nickel alloy tubes and pipes. The company's product portfolio includes hollow bars, steel and fittings products. It primarily serves oil and gas, petrochemical, chemical and power generation industries. It also devotes part of its production to the mechanical industry, aerospace, food, water desalination, electronics, capital goods and new technologies among other industries. Group has its industrial facilities in the Spain, Austria, the United States, Italy, India, and Thailand. Most of the revenue is generated through the sale of goods and rest from the rendering of services.
77GF Score
Get the complete analysis for XMAD:TUB
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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