What is Advanced Drainage Systems 5-Year Share Buyback Ratio?
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
5-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past five years. It is calculated as the annualized percentage change in shares outstanding from five 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. Advanced Drainage Systems's current 5-Year Share Buyback Ratio was -2.60%.
WMS's 5-Year Share Buyback Ratio is ranked worse than 58.68% of 1014
companies
in the Construction industry
Industry Median: -1.4
vs WMS: -2.60
Competitive Comparison of Advanced Drainage Systems's 5-Year Share Buyback Ratio
For the Building Products & Equipment subindustry, Advanced Drainage Systems's 5-Year Share Buyback Ratio, along with its competitors' market caps and 5-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.
Advanced Drainage Systems's 5-Year Share Buyback Ratio Distribution in the Construction Industry
For the Construction industry and Industrials sector, Advanced Drainage Systems's 5-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Advanced Drainage Systems's 5-Year Share Buyback Ratio falls into.
Advanced Drainage Systems 5-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from five years ago to the current year. The annualized percentage change is calculated with least-square regression based on the latest six 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.
Advanced Drainage Systems (NYSE:WMS) 5-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.
Advanced Drainage Systems 5-Year Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of Advanced Drainage Systems's 5-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Advanced Drainage Systems Inc is the manufacturer of water management solutions in the stormwater and onsite septic wastewater industries, providing superior drainage solutions for use in the construction and agriculture marketplaces. Its products are used across a broad range of end markets and applications, including residential, non-residential, infrastructure and agriculture applications. It operates business in three distinct reportable segments: Pipe; International, and Infiltrator. It generates a greater proportion of revenue from its Pipe segment, which consists of Pipe product sales in the United States. The Infiltrator is a provider of plastic leachfield chambers and systems, septic tanks and accessories, for use in residential applications.
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