SHSE:688032's Forward Dividend Yield % is not ranked *
in the Industrial Products industry.
Industry Median: 1.51 * Ranked among companies with meaningful Forward Dividend Yield % only.
During the past 12 months, Hoymiles Power Electronics's average Dividends Per Share Growth Rate was 32.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 49.10% per year.
During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Hoymiles Power Electronics was 49.10% per year. The lowest was 49.10% per year. And the median was 49.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Hoymiles Power Electronics (SHSE:688032) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Hoymiles Power Electronics Forward Dividend Yield % Related Terms
SHSE:688032 vs VRT, BE: Forward Dividend Yield % Comparison
For the Electrical Equipment & Parts subindustry, Hoymiles Power Electronics's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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.
Hoymiles Power Electronics Forward Dividend Yield % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hoymiles Power Electronics's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Hoymiles Power Electronics's Forward Dividend Yield % falls into.
What does a Forward Dividend Yield % of 0.00% mean?
Hoymiles Power Electronics (SHSE:688032) has a Forward Dividend Yield % of 0.00% as of Jul. 04, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Hoymiles Power Electronics and its competitors. According to the industry distribution chart, Hoymiles Power Electronics ranks #999999 out of 1854 companies in the Industrial Products industry.
Is Hoymiles Power Electronics' Forward Dividend Yield % too high?
Hoymiles Power Electronics' current Forward Dividend Yield % is 0.00%. Based on the distribution chart, Hoymiles Power Electronics ranks #999999 out of 1854 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hoymiles Power Electronics has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoymiles Power Electronics' Forward Dividend Yield % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hoymiles Power Electronics ranks #999999 out of 1854 companies for Forward Dividend Yield %. This places Hoymiles Power Electronics in the lower half of its industry. The industry median Forward Dividend Yield % is 1.51. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Industrial Products company?
The median Forward Dividend Yield % among Industrial Products companies is 1.51, based on 1,854 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % 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 Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Hoymiles Power Electronics and its competitors. For the Industrial Products industry, the median Forward Dividend Yield % is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoymiles Power Electronics's current Forward Dividend Yield % 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 Hoymiles Power Electronics stock overvalued right now?
Based on GuruFocus' analysis, Hoymiles Power Electronics (SHSE:688032) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥196.37, compared to a current price of ¥82.99 — trading 57.7% below its estimated fair value. The current Forward Dividend Yield % is 0.00%. Hoymiles Power Electronics' overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Hoymiles Power Electronics (SHSE:688032), the current Forward Dividend Yield % is 0.00% as of Jul. 04, 2026. 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 Hoymiles Power Electronics (SHSE:688032) Overvalued in 2026?
Based on GuruFocus' analysis, Hoymiles Power Electronics stock appears to be undervalued.
The current stock price of ¥82.99 is trading 57.7% below its estimated GF Value™ of ¥196.37.
GuruFocus considers Hoymiles Power Electronics to be Significantly Undervalued.
Key valuation signals for SHSE:688032:
Forward Dividend Yield %: 0.00%
GF Value™: ¥196.37 vs. price of ¥82.99 (57.7% below fair value)
No single metric tells the full story. See the SHSE:688032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoymiles Power Electronics Inc is engaged in the research and development, manufacturing, and sales of photovoltaic inverters and other power conversion equipment and electrical complete sets of equipment and related products.
80GF Score
Get the complete analysis for SHSE:688032
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688032 has been successfully added to your 