Tongaat Hulett (JSE:TON) 6-Month Share Buyback Ratio: 0.00% (As of Sep. 2021 )

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JSE:TON Tongaat Hulett Ltd JSE:TON
11 GF Score
Price R4.04
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What is Tongaat Hulett 6-Month Share Buyback Ratio?

Tongaat Hulett JSE:TON 11 6-Month Share Buyback Ratio is 0.00 as of Sep. 2021. GuruFocus rates JSE:TON with a GF Score™ of 11/100.

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. Tongaat Hulett's current 6-Month Share Buyback Ratio was 0.00%.

Tongaat Hulett  (JSE:TON) 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.

Tongaat Hulett 6-Month Share Buyback Ratio Related Terms

JSE:TON vs MDLZ, HSY, TR: 6-Month Share Buyback Ratio Comparison

For the Confectioners subindustry, Tongaat Hulett'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.

Tongaat Hulett 6-Month Share Buyback Ratio vs Consumer Packaged Goods Industry

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

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


JSE:TON
11GF Score
Tongaat Hulett Ltd JSE:TON
6-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongaat Hulett 6-Month Share Buyback Ratio Calculation

Tongaat Hulett's 6-Month Share Buyback Ratio for the quarter that ended in Sep. 2021 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Mar. 2021 ) - Shares Outstanding (EOP) (Sep. 2021 )) / Shares Outstanding (EOP) (Mar. 2021 )
=(135.113 - 135.113) / 135.113
=0.00%

* 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?
Tongaat Hulett (JSE:TON) has a 6-Month Share Buyback Ratio of 0.00 as of Sep. 2021. 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 Tongaat Hulett and its competitors.
Is Tongaat Hulett's 6-Month Share Buyback Ratio too high?
Tongaat Hulett's current 6-Month Share Buyback Ratio is 0.00. Overall, Tongaat Hulett has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Tongaat Hulett's 6-Month Share Buyback Ratio compare to MDLZ and HSY?
Tongaat Hulett's 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 Tongaat Hulett and its competitors. Tongaat Hulett'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 Tongaat Hulett stock overvalued right now?
Tongaat Hulett (JSE:TON) has a current 6-Month Share Buyback Ratio of 0.00. The current 6-Month Share Buyback Ratio is 0.00. Tongaat Hulett's overall GF Score™ is 11/100. 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 Tongaat Hulett (JSE:TON), the current 6-Month Share Buyback Ratio is 0.00 as of Sep. 2021. 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.

Tongaat Hulett Business Description

Address Amanzimnyama Hill Road, P O Box 3, Tongaat, NL, ZAF, 4400
Tongaat Hulett Ltd produces sugar and glucose in Africa. It procures its raw materials both from land it owns and from private farmers. Tongaat sells its products to customers in the foodservice industry and to consumers as branded products. Raw sugar sales make up most of the company's revenue. Its biggest markets are South Africa, Zimbabwe, and Mozambique. The company also earns revenue by converting and developing land that it owns and has used for agricultural purposes. Additionally, the by-products from its manufacturing processes create renewable energy, which the company uses to supply electricity to the grid in some instances.
11GF 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.

R4.04
Price