DHACW (Digital Health Acquisition) 6-Month Share Buyback Ratio: 13.84% (As of Mar. 2024 )

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DHACW Digital Health Acquisition Corp DHACW
15 GF Score
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! 3 Warning Signs
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What is Digital Health Acquisition 6-Month Share Buyback Ratio?

Digital Health Acquisition DHACW 15 6-Month Share Buyback Ratio is 13.84 as of Mar. 2024. GuruFocus rates DHACW with a GF Score™ of 15/100. The stock has 3 warning signs 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. Digital Health Acquisition's current 6-Month Share Buyback Ratio was 13.84%.

Digital Health Acquisition  (NAS:DHACW) 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.

Digital Health Acquisition 6-Month Share Buyback Ratio Related Terms

DHACW vs DHCC, MAYX, PLPL: 6-Month Share Buyback Ratio Comparison

For the Shell Companies subindustry, Digital Health Acquisition'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.

Digital Health Acquisition 6-Month Share Buyback Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Digital Health Acquisition's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Digital Health Acquisition's 6-Month Share Buyback Ratio falls into.


DHACW
15GF Score
Digital Health Acquisition Corp DHACW
6-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Digital Health Acquisition 6-Month Share Buyback Ratio Calculation

Digital Health Acquisition'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 )
=(0 - 0) / 0
=N/A%

* 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 13.84 mean?
Digital Health Acquisition (DHACW) has a 6-Month Share Buyback Ratio of 13.84 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 Digital Health Acquisition and its competitors.
Is Digital Health Acquisition's 6-Month Share Buyback Ratio too high?
Digital Health Acquisition's current 6-Month Share Buyback Ratio is 13.84. Overall, Digital Health Acquisition has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Digital Health Acquisition's 6-Month Share Buyback Ratio compare to DHCC and MAYX?
Digital Health Acquisition's 6-Month Share Buyback Ratio of 13.84 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good 6-Month Share Buyback Ratio depends on the Diversified Financial Services 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 Digital Health Acquisition and its competitors. Digital Health Acquisition's current 6-Month Share Buyback Ratio is 13.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Health Acquisition stock overvalued right now?
Digital Health Acquisition (DHACW) has a current 6-Month Share Buyback Ratio of 13.84. The current 6-Month Share Buyback Ratio is 13.84. Digital Health Acquisition's overall GF Score™ is 15/100 with 3 warning signs 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 Digital Health Acquisition (DHACW), the current 6-Month Share Buyback Ratio is 13.84 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.

Digital Health Acquisition Business Description

Address 980 North Federal Hwy, Suite 304, Boca Raton, FL, USA, 33432
Digital Health Acquisition Corp is a newly organized blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination.
15GF Score

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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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