Thorney Opportunities (ASX:TOP) 6-Month Share Buyback Ratio: 2.32% (As of Dec. 2025 )

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:TOP Thorney Opportunities Ltd ASX:TOP
36 GF Score
Price A$0.56
GF Value A$0.96
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Thorney Opportunities 6-Month Share Buyback Ratio?

Thorney Opportunities ASX:TOP 36 6-Month Share Buyback Ratio is 2.32 as of Dec. 2025. GuruFocus rates ASX:TOP with a GF Score™ of 36/100 and a GF Value™ of A$0.96 (Significantly Undervalued). The stock has 1 warning sign investors should review.

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. Thorney Opportunities's current 6-Month Share Buyback Ratio was 2.32%.

Thorney Opportunities  (ASX:TOP) 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.

Thorney Opportunities 6-Month Share Buyback Ratio Related Terms

ASX:TOP vs BLK, BX, KKR: 6-Month Share Buyback Ratio Comparison

For the Asset Management subindustry, Thorney Opportunities'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.

Thorney Opportunities 6-Month Share Buyback Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Thorney Opportunities's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Thorney Opportunities's 6-Month Share Buyback Ratio falls into.


ASX:TOP
36GF Score
Thorney Opportunities Ltd ASX:TOP
6-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thorney Opportunities 6-Month Share Buyback Ratio Calculation

Thorney Opportunities's 6-Month Share Buyback Ratio for the quarter that ended in Dec. 2025 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2025 ) - Shares Outstanding (EOP) (Dec. 2025 )) / Shares Outstanding (EOP) (Jun. 2025 )
=(175.042 - 170.987) / 175.042
=2.32%

* 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 2.32 mean?
Thorney Opportunities (ASX:TOP) has a 6-Month Share Buyback Ratio of 2.32 as of Dec. 2025. 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 Thorney Opportunities and its competitors.
Is Thorney Opportunities' 6-Month Share Buyback Ratio too high?
Thorney Opportunities' current 6-Month Share Buyback Ratio is 2.32. Overall, Thorney Opportunities has a GF Score™ of 36/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thorney Opportunities' 6-Month Share Buyback Ratio compare to BLK and BX?
Thorney Opportunities' 6-Month Share Buyback Ratio of 2.32 can be compared against companies in the Asset Management 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 an Asset Management company?
A good 6-Month Share Buyback Ratio depends on the Asset Management 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 Thorney Opportunities and its competitors. Thorney Opportunities's current 6-Month Share Buyback Ratio is 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thorney Opportunities stock overvalued right now?
Based on GuruFocus' analysis, Thorney Opportunities (ASX:TOP) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.96, compared to a current price of A$0.56 — trading 42.2% below its estimated fair value. The current 6-Month Share Buyback Ratio is 2.32. Thorney Opportunities' overall GF Score™ is 36/100 with 1 warning sign to review. 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 Thorney Opportunities (ASX:TOP), the current 6-Month Share Buyback Ratio is 2.32 as of Dec. 2025. 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 Thorney Opportunities (ASX:TOP) Overvalued in 2026?

Based on GuruFocus' analysis, Thorney Opportunities stock appears to be undervalued. The current stock price of A$0.56 is trading 42.2% below its estimated GF Value™ of A$0.96. GuruFocus considers Thorney Opportunities to be Significantly Undervalued.

Key valuation signals for ASX:TOP:

  • 6-Month Share Buyback Ratio: 2.32
  • GF Value™: A$0.96 vs. price of A$0.56 (42.2% below fair value)
  • GF Score™: 36/100 with 1 warning sign

No single metric tells the full story. See the ASX:TOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Thorney Opportunities Business Description

Address 55 Collins Street, Level 45, Melbourne, VIC, AUS, 3000
Thorney Opportunities Ltd is an investment company that concentrates on producing absolute returns for shareholders over the medium to long term. Its principal activity is making investments in listed and unlisted securities in a variety of sectors, including media, automotive, energy, and pharmaceutical.
36GF Score

Get the complete analysis for ASX:TOP

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

A$0.56
Price
A$0.96
GF Value