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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tipco Asphalt PCLBKK:TASCO-R 79 3-Year Dividend Growth Rate is 17.40% as of Mar. 2026, which is 20% above its 10-year median of 14.50. GuruFocus rates BKK:TASCO-R with a GF Score™ of 79/100 and a GF Value™ of ฿12.82. The stock has 6 warning signs investors should review. Among 165 Building Materials companies, Tipco Asphalt PCL ranks better than 73.33% on this metric.
The historical rank and industry rank for Tipco Asphalt PCL's 3-Year Dividend Growth Rate or its related term are showing as below:
BKK:TASCO-R'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -9.7 Med: 14.5 Max: 108
Current: 17.4
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tipco Asphalt PCL was 108.00% per year. The lowest was -9.70% per year. And the median was 14.50% per year.
BKK:TASCO-R's 3-Year Dividend Growth Rate is ranked better than 73.33% of 165
companies
in the Building Materials industry
Industry Median: 6.6
vs BKK:TASCO-R: 17.40
During the past 12 months, Tipco Asphalt PCL's average Dividends Per Share Growth Rate was 11.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 17.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -1.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 8.00% per year.
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.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tipco Asphalt PCL is 1.13, which seems too high.
For more information regarding to dividend, please check our Dividend Page.
During the past 13 years, the highest Dividend Payout Ratio of Tipco Asphalt PCL was 2.26. The lowest was 0.45. And the median was 0.82.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tipco Asphalt PCL is 1.13, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Tipco Asphalt PCL Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
THB 0.200000
2026-03-04
2026-03-05
2026-05-05
Cash Dividend
semi-annually
THB:THB 1.000000
THB 0.800000
2025-11-21
2025-11-24
2025-12-10
Cash Dividend
semi-annually
THB:THB 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Tipco Asphalt PCL's Dividend Yield (%) for Today is calculated as
Current Share Price is ฿13.0883.
Tipco Asphalt PCL's Dividends per Share for the trailing twelve months (TTM) ended in Today is ฿1.
During the past 13 years, the highest Dividend Yield of Tipco Asphalt PCL was 13.28%. The lowest was 1.40%. And the median was 6.33%.
* 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.
Tipco Asphalt PCL 3-Year Dividend Growth Rate Related Terms>
BKK:TASCO-R vs CRH, VMC, MLM: 3-Year Dividend Growth Rate Comparison
For the Building Materials subindustry, Tipco Asphalt PCL's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.
Tipco Asphalt PCL 3-Year Dividend Growth Rate vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Tipco Asphalt PCL's 3-Year Dividend Growth Rate falls into.
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
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.
What does a 3-Year Dividend Growth Rate of 17.40% mean?
Tipco Asphalt PCL (BKK:TASCO-R) has a 3-Year Dividend Growth Rate of 17.40% as of Mar. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Tipco Asphalt PCL and its competitors. This is 20% above median its historical median of 14.50. According to the industry distribution chart, Tipco Asphalt PCL ranks #44 out of 165 companies in the Building Materials industry, placing it in the top 26.7%.
Is Tipco Asphalt PCL's 3-Year Dividend Growth Rate too high?
Tipco Asphalt PCL's current 3-Year Dividend Growth Rate of 17.40% is 20% above median its 10-year median of 14.50. The Building Materials industry median 3-Year Dividend Growth Rate is 6.60. Tipco Asphalt PCL's value of 17.40% is 163.6% above this industry median. Based on the distribution chart, Tipco Asphalt PCL ranks #44 out of 165 companies in the Building Materials industry, which is above the industry midpoint. Overall, Tipco Asphalt PCL has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's 3-Year Dividend Growth Rate compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tipco Asphalt PCL ranks #44 out of 165 companies for 3-Year Dividend Growth Rate. This puts Tipco Asphalt PCL in the upper half of its industry. The industry median 3-Year Dividend Growth Rate is 6.60. Tipco Asphalt PCL's value of 17.40% is 163.6% above this benchmark. While the company's 10-year median is 14.50 vs. the industry median of 6.60, Tipco Asphalt PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a Building Materials company?
The median 3-Year Dividend Growth Rate among Building Materials companies is 6.60, based on 165 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tipco Asphalt PCL's current 3-Year Dividend Growth Rate of 17.40% is 163.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Tipco Asphalt PCL and its competitors. For the Building Materials industry, the median 3-Year Dividend Growth Rate is 6.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tipco Asphalt PCL's current 3-Year Dividend Growth Rate is 17.40%, which is 20% above median its own 10-year median of 14.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Asphalt PCL stock overvalued right now?
Tipco Asphalt PCL (BKK:TASCO-R) has a current 3-Year Dividend Growth Rate of 17.40%. The stock's GF Value™ is ฿12.82, compared to a current price of ฿13.09 — trading 2.1% above its estimated fair value. The current 3-Year Dividend Growth Rate is 17.40%, which is 20% above median its 10-year median of 14.50 and 163.6% above the Building Materials industry median of 6.60. Tipco Asphalt PCL's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Tipco Asphalt PCL (BKK:TASCO-R), the current 3-Year Dividend Growth Rate is 17.40% as of Mar. 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 Tipco Asphalt PCL (BKK:TASCO-R) Overvalued in 2026?
Based on GuruFocus' analysis, Tipco Asphalt PCL stock appears to be overvalued.
The current stock price of ฿13.09 is trading 2.1% above its estimated GF Value™ of ฿12.82.
Key valuation signals for BKK:TASCO-R:
3-Year Dividend Growth Rate: 17.40% (20% above median its 10-year median of 14.50)
GF Value™: ฿12.82 vs. price of ฿13.09 (2.1% above fair value)
Industry Position: 163.6% above the Building Materials median (#44 of 165)
No single metric tells the full story. See the BKK:TASCO-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tipco Asphalt PCL is engaged in the production and sale of asphalt and petroleum-related products, as well as the provision of construction materials and related services. The company operates through two reportable segments: the Construction segment and the Manufacturing and Trading segment. The Construction segment conducts construction services related to highway construction and road rehabilitation in Thailand. The Manufacturing and Trading segment is involved in the manufacturing and trading of asphalt, petroleum oil products, and asphalt concrete in both domestic and overseas markets, supported by marine logistics operations. It generates the majority of its revenue from the Manufacturing and Trading segment.
79GF Score
Get the complete analysis for BKK:TASCO-R
3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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