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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. First Majestic Silver's current 3-Year Share Buyback Ratio was -21.40%.
The historical rank and industry rank for First Majestic Silver's 3-Year Share Buyback Ratio or its related term are showing as below:
XSWX:AG'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -89.6 Med: -11 Max: -3.7
Current: -21.4
During the past 13 years, First Majestic Silver's highest 3-Year Share Buyback Ratio was -3.70%. The lowest was -89.60%. And the median was -11.00%.
XSWX:AG's 3-Year Share Buyback Ratio is ranked worse than 55.67% of 2168
companies
in the Metals & Mining industry
Industry Median: -17.55
vs XSWX:AG: -21.40
First Majestic Silver (XSWX:AG) 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.
First Majestic Silver 3-Year Share Buyback Ratio Related Terms
XSWX:AG vs EXK: 3-Year Share Buyback Ratio Comparison
For the Silver subindustry, First Majestic Silver'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.
First Majestic Silver 3-Year Share Buyback Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, First Majestic Silver's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where First Majestic Silver's 3-Year Share Buyback Ratio falls into.
First Majestic Silver 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 -21.40 mean?
First Majestic Silver (XSWX:AG) has a 3-Year Share Buyback Ratio of -21.40 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 First Majestic Silver and its competitors. According to the industry distribution chart, First Majestic Silver ranks #1207 out of 2168 companies in the Metals & Mining industry, placing it in the top 55.7%.
Is First Majestic Silver's 3-Year Share Buyback Ratio too high?
First Majestic Silver's current 3-Year Share Buyback Ratio is -21.40. Based on the distribution chart, First Majestic Silver ranks #1207 out of 2168 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, First Majestic Silver has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Majestic Silver's 3-Year Share Buyback Ratio compare to EXK?
According to the Metals & Mining industry distribution chart, First Majestic Silver ranks #1207 out of 2168 companies for 3-Year Share Buyback Ratio. This places First Majestic Silver 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 Metals & Mining company?
A good 3-Year Share Buyback Ratio depends on the Metals & Mining 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 First Majestic Silver and its competitors. First Majestic Silver's current 3-Year Share Buyback Ratio is -21.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Majestic Silver stock overvalued right now?
Based on GuruFocus' analysis, First Majestic Silver (XSWX:AG) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF9.17, compared to a current price of CHF16.32 — trading 78% above its estimated fair value. The current 3-Year Share Buyback Ratio is -21.40. First Majestic Silver's overall GF Score™ is 29/100 with 2 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 First Majestic Silver (XSWX:AG), the current 3-Year Share Buyback Ratio is -21.40 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 First Majestic Silver (XSWX:AG) Overvalued in 2026?
Based on GuruFocus' analysis, First Majestic Silver stock appears to be overvalued.
The current stock price of CHF16.32 is trading 78% above its estimated GF Value™ of CHF9.17.
GuruFocus considers First Majestic Silver to be Significantly Overvalued.
Key valuation signals for XSWX:AG:
3-Year Share Buyback Ratio: -21.40
GF Value™: CHF9.17 vs. price of CHF16.32 (78% above fair value)
No single metric tells the full story. See the XSWX:AG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. The company owns four producing mines in Mexico, consisting of the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, the Los Gatos Silver Mine, and the La Encantada Silver Mine. It also owns the Jerritt Canyon Gold Mine in Nevada, USA. Additionally, the firm holds interests in the San Martin Silver Mine and the Del Toro Silver Mine, and several exploration-stage projects. The majority of the company's revenues are from the sale of precious metals contained in dore and concentrate form. It generates maximum revenue from the sale of silver, followed by gold, zinc, copper, and other metals.
29GF Score
Get the complete analysis for XSWX:AG
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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