What is Compass Diversified Holdings 3-Year Share Buyback Ratio?
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Compass Diversified Holdings's current 3-Year Share Buyback Ratio was -3.10%.
The historical rank and industry rank for Compass Diversified Holdings's 3-Year Share Buyback Ratio or its related term are showing as below:
CODI'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -21.4 Med: -4.9 Max: -1.1
Current: -3.1
During the past 13 years, Compass Diversified Holdings's highest 3-Year Share Buyback Ratio was -1.10%. The lowest was -21.40%. And the median was -4.90%.
CODI's 3-Year Share Buyback Ratio is ranked worse than 68.92% of 296
companies
in the Conglomerates industry
Industry Median: -0.35
vs CODI: -3.10
Competitive Comparison of Compass Diversified Holdings's 3-Year Share Buyback Ratio
For the Conglomerates subindustry, Compass Diversified Holdings's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year 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.
Compass Diversified Holdings's 3-Year Share Buyback Ratio Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Compass Diversified Holdings's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Compass Diversified Holdings's 3-Year Share Buyback Ratio falls into.
Compass Diversified Holdings 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Compass Diversified Holdings (NYSE:CODI) 3-Year Share Buyback Ratio 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.
Compass Diversified Holdings 3-Year Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of Compass Diversified Holdings's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Compass Diversified Holdings is a diversified business conglomerate based in the United States having two groups: branded consumer business and industrial business. Branded consumer businesses are characterized as those businesses that capitalize on a valuable brand name in their respective market sector. It includes 5.11, Ergobaby, Liberty Safe, and Velocity Outdoor. Industrial businesses are characterized as those businesses that focus on manufacturing and selling particular products and industrial services within a specific market sector. The company has operations in the United States, Canada, Europe, Asia Pacific, and other International areas.
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