ABVEF (Above Food Ingredients) 6-Month Share Buyback Ratio: 0.00% (As of Mar. 2024 )

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ABVEF Above Food Ingredients Inc ABVEF
16 GF Score
Price $0.04
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What is Above Food Ingredients 6-Month Share Buyback Ratio?

Above Food Ingredients ABVEF +23.38% 16 6-Month Share Buyback Ratio is 0.00 as of Mar. 2024. GuruFocus rates ABVEF with a GF Score™ of 16/100.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Above Food Ingredients's current 6-Month Share Buyback Ratio was 0.00%.


Above Food Ingredients  (OTCPK:ABVEF) 6-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


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.


Above Food Ingredients 6-Month Share Buyback Ratio Related Terms


ABVEF vs CTGL, NATR, BHST: 6-Month Share Buyback Ratio Comparison

For the Packaged Foods subindustry, Above Food Ingredients's 6-Month Share Buyback Ratio, along with its competitors' market caps and 6-Month 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.


Above Food Ingredients 6-Month Share Buyback Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Above Food Ingredients's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Above Food Ingredients's 6-Month Share Buyback Ratio falls into.


ABVEF
16GF Score
Above Food Ingredients Inc ABVEF
6-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Above Food Ingredients 6-Month Share Buyback Ratio Calculation

Above Food Ingredients's 6-Month Share Buyback Ratio for the quarter that ended in Mar. 2024 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Sep. 2023 ) - Shares Outstanding (EOP) (Mar. 2024 )) / Shares Outstanding (EOP) (Sep. 2023 )
=(8.518178 - 7.999298) / 8.518178
=6.09%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a 6-Month Share Buyback Ratio of 0.00 mean?
Above Food Ingredients (ABVEF) has a 6-Month Share Buyback Ratio of 0.00 as of Mar. 2024. The 6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. View historical data for Above Food Ingredients and its competitors.
Is Above Food Ingredients' 6-Month Share Buyback Ratio too high?
Above Food Ingredients' current 6-Month Share Buyback Ratio is 0.00. Overall, Above Food Ingredients has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Above Food Ingredients' 6-Month Share Buyback Ratio compare to CTGL and NATR?
Above Food Ingredients' 6-Month Share Buyback Ratio of 0.00 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 6-Month Share Buyback Ratio for a Consumer Packaged Goods company?
A good 6-Month Share Buyback Ratio depends on the Consumer Packaged Goods industry context. However, 6-Month 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 6-Month Share Buyback Ratio mean?
A high 6-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. View historical data for Above Food Ingredients and its competitors. Above Food Ingredients's current 6-Month Share Buyback Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Above Food Ingredients stock overvalued right now?
Above Food Ingredients (ABVEF) has a current 6-Month Share Buyback Ratio of 0.00. The current 6-Month Share Buyback Ratio is 0.00. Above Food Ingredients' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 6-Month Share Buyback Ratio calculated?
6-Month Share Buyback Ratio is calculated from a company's financial statements. For Above Food Ingredients (ABVEF), the current 6-Month Share Buyback Ratio is 0.00 as of Mar. 2024. 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.

Above Food Ingredients Business Description

Address 2305 Victoria Avenue, Saskatchewan, Regina, SK, CAN, S4P0S7
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.
16GF Score

Get the complete analysis for ABVEF

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

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