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GuruFocus has detected 3 Warning Signs with Benchmark Electronics Inc $BHE.
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Benchmark Electronics Inc (NYSE:BHE)
3-Year Average Share Buyback Ratio
2.90 (As of Mar. 2017)

This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

BHE' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -23.4   Max: 4.9
Current: 2.9

-23.4
4.9

During the past 13 years, Benchmark Electronics Inc's highest 3-Year Average Share Buyback Ratio was 4.90. The lowest was -23.40. And the median was -4.90.

BHE's 3-Year Average Share Buyback Ratio is ranked higher than
95% of the 1305 Companies
in the Global Contract Manufacturers industry.

( Industry Median: -2.00 vs. BHE: 2.90 )

Definition

This is the average share buyback rate of the company over the past 3 years.


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.


Related Terms

Net Income

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