Millennium Group (ASIA) PCLBKK:MGC +1.47%58 Dividend Payout Ratio is 0.42 as of Mar. 2026, which is 9% below its 10-year median of 0.46. GuruFocus rates BKK:MGC with a GF Score™ of 58/100 and a GF Value™ of ฿4.65 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 777 Vehicles & Parts companies, Millennium Group (ASIA) PCL ranks better than 62.55% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Millennium Group (ASIA) PCL's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.42.
The historical rank and industry rank for Millennium Group (ASIA) PCL's Dividend Payout Ratio or its related term are showing as below:
BKK:MGC'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.46 Max: 0.71
Current: 0.28
During the past 7 years, the highest Dividend Payout Ratio of Millennium Group (ASIA) PCL was 0.71. The lowest was 0.20. And the median was 0.46.
BKK:MGC's Dividend Payout Ratio is ranked better than 62.55% of 777
companies
in the Vehicles & Parts industry
Industry Median: 0.36
vs BKK:MGC: 0.28
During the past 7 years, the highest Trailing Annual Dividend Yield of Millennium Group (ASIA) PCL was 5.56%. The lowest was 2.08%. And the median was 3.11%.
During the past 12 months, Millennium Group (ASIA) PCL's average Dividends Per Share Growth Rate was 177.80% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Millennium Group (ASIA) PCL (BKK:MGC) Dividend Payout Ratio Explanation
In dividends investing, Dividend 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.
Millennium Group (ASIA) PCL Dividend Payout Ratio Related Terms
Millennium Group (ASIA) PCL Dividend Payout Ratio Historical Data
* 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.
Millennium Group (ASIA) PCL Dividend Payout Ratio Chart
BKK:MGC vs CVNA, PAG, ALTB: Dividend Payout Ratio Comparison
For the Auto & Truck Dealerships subindustry, Millennium Group (ASIA) PCL's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout 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.
Millennium Group (ASIA) PCL Dividend Payout Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Millennium Group (ASIA) PCL's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Millennium Group (ASIA) PCL's Dividend Payout Ratio falls into.
Millennium Group (ASIA) PCL Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Millennium Group (ASIA) PCL's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Millennium Group (ASIA) PCL (BKK:MGC) has a Dividend Payout Ratio of 0.42 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Millennium Group (ASIA) PCL and its competitors. This is near median its historical median of 0.46. Over the past decade, Millennium Group (ASIA) PCL's Dividend Payout Ratio has ranged from 0.20 to 0.71. According to the industry distribution chart, Millennium Group (ASIA) PCL ranks #291 out of 777 companies in the Vehicles & Parts industry, placing it in the top 37.5%.
Is Millennium Group (ASIA) PCL's Dividend Payout Ratio too high?
Millennium Group (ASIA) PCL's current Dividend Payout Ratio of 0.42 is near median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.71. The Vehicles & Parts industry median Dividend Payout Ratio is 0.36. Millennium Group (ASIA) PCL's value of 0.42 is 16.7% above this industry median. Based on the distribution chart, Millennium Group (ASIA) PCL ranks #291 out of 777 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Millennium Group (ASIA) PCL has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millennium Group (ASIA) PCL's Dividend Payout Ratio compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Millennium Group (ASIA) PCL ranks #291 out of 777 companies for Dividend Payout Ratio. This puts Millennium Group (ASIA) PCL in the upper half of its industry. The industry median Dividend Payout Ratio is 0.36. Millennium Group (ASIA) PCL's value of 0.42 is 16.7% above this benchmark. Historically, Millennium Group (ASIA) PCL's own Dividend Payout Ratio has ranged from 0.20 to 0.71 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.36, Millennium Group (ASIA) 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 Dividend Payout Ratio for a Vehicles & Parts company?
The median Dividend Payout Ratio among Vehicles & Parts companies is 0.36, based on 777 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Millennium Group (ASIA) PCL's current Dividend Payout Ratio of 0.42 is 16.7% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Millennium Group (ASIA) PCL and its competitors. For the Vehicles & Parts industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Group (ASIA) PCL's current Dividend Payout Ratio is 0.42, which is near median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Group (ASIA) PCL stock overvalued right now?
Based on GuruFocus' analysis, Millennium Group (ASIA) PCL (BKK:MGC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿4.65, compared to a current price of ฿6.90 — trading 48.4% above its estimated fair value. The current Dividend Payout Ratio is 0.42, which is near median its 10-year median of 0.46 and 16.7% above the Vehicles & Parts industry median of 0.36. Millennium Group (ASIA) PCL's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Millennium Group (ASIA) PCL (BKK:MGC), the current Dividend Payout Ratio is 0.42 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 Millennium Group (ASIA) PCL (BKK:MGC) Overvalued in 2026?
Based on GuruFocus' analysis, Millennium Group (ASIA) PCL stock appears to be overvalued.
The current stock price of ฿6.90 is trading 48.4% above its estimated GF Value™ of ฿4.65.
GuruFocus considers Millennium Group (ASIA) PCL to be Significantly Overvalued.
Key valuation signals for BKK:MGC:
Dividend Payout Ratio: 0.42 (near median its 10-year median of 0.46)
GF Value™: ฿4.65 vs. price of ฿6.90 (48.4% above fair value)
Industry Position: 16.7% above the Vehicles & Parts median (#291 of 777)
No single metric tells the full story. See the BKK:MGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millennium Group Corp (ASIA) PCL is engaged in providing management consulting services and activities aimed at maximising benefits. Its principal business includes the sale of automobiles, yachts, and spare parts, car maintenance and other services, car rental and chauffeur services, telephone systems, computer programs, human resource development, training services, marketing management services, insurance brokerage, vehicle leasing, and customer acquisition for private jet charter services rental. Its reportable segments include the sale of automobiles, accessories, decorations, and related apparel, after-sales services, automotive parts and maintenance services for independent cars, car and driver rental services, and other businesses. The Group operates principally in Thailand.
58GF Score
Get the complete analysis for BKK:MGC
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