Polynet PCLBKK:POLY +1.49%91 Dividend Payout Ratio is 1.88 as of Mar. 2026, which is 116% above its 10-year median of 0.87. GuruFocus rates BKK:POLY with a GF Score™ of 91/100 and a GF Value™ of ฿8.96 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,719 Industrial Products companies, Polynet PCL ranks worse than 86.79% 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. Polynet PCL's Dividend Payout Ratio for the
months ended in Mar. 2026 was 1.88.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Polynet PCL is 0.97, which seems too high.
The historical rank and industry rank for Polynet PCL's Dividend Payout Ratio or its related term are showing as below:
BKK:POLY'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.57 Med: 0.87 Max: 1.01
Current: 0.97
During the past 6 years, the highest Dividend Payout Ratio of Polynet PCL was 1.01. The lowest was 0.57. And the median was 0.87.
BKK:POLY's Dividend Payout Ratio is ranked worse than 86.79% of 1719
companies
in the Industrial Products industry
Industry Median: 0.37
vs BKK:POLY: 0.97
During the past 12 months, Polynet PCL's average Dividends Per Share Growth Rate was 26.70% 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.
Polynet PCL (BKK:POLY) 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.
Polynet PCL Dividend Payout Ratio Related Terms
Polynet PCL Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Polynet PCL's Dividend Payout Ratio can be seen below:
* 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.
BKK:POLY vs CRS, ATI, MLI: Dividend Payout Ratio Comparison
For the Metal Fabrication subindustry, Polynet 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.
Polynet PCL Dividend Payout Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Polynet PCL's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Polynet PCL's Dividend Payout Ratio falls into.
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.
Polynet 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.
Polynet PCL (BKK:POLY) has a Dividend Payout Ratio of 1.88 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Polynet PCL and its competitors. This is 116% above median its historical median of 0.87. Over the past decade, Polynet PCL's Dividend Payout Ratio has ranged from 0.57 to 1.01. According to the industry distribution chart, Polynet PCL ranks #1492 out of 1719 companies in the Industrial Products industry, placing it in the top 86.8%.
Is Polynet PCL's Dividend Payout Ratio too high?
Polynet PCL's current Dividend Payout Ratio of 1.88 is 116% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.01. The Industrial Products industry median Dividend Payout Ratio is 0.37. Polynet PCL's value of 1.88 is 408.1% above this industry median. Based on the distribution chart, Polynet PCL ranks #1492 out of 1719 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Polynet PCL has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polynet PCL's Dividend Payout Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Polynet PCL ranks #1492 out of 1719 companies for Dividend Payout Ratio. This places Polynet PCL in the lower half of its industry. The industry median Dividend Payout Ratio is 0.37. Polynet PCL's value of 1.88 is 408.1% above this benchmark. Historically, Polynet PCL's own Dividend Payout Ratio has ranged from 0.57 to 1.01 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.37, Polynet 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 an Industrial Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,719 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. Polynet PCL's current Dividend Payout Ratio of 1.88 is 408.1% 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 Polynet PCL and its competitors. For the Industrial Products industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polynet PCL's current Dividend Payout Ratio is 1.88, which is 116% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polynet PCL stock overvalued right now?
Based on GuruFocus' analysis, Polynet PCL (BKK:POLY) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿8.96, compared to a current price of ฿6.80 — trading 24.1% below its estimated fair value. The current Dividend Payout Ratio is 1.88, which is 116% above median its 10-year median of 0.87 and 408.1% above the Industrial Products industry median of 0.37. Polynet PCL's overall GF Score™ is 91/100 with 2 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 Polynet PCL (BKK:POLY), the current Dividend Payout Ratio is 1.88 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 Polynet PCL (BKK:POLY) Overvalued in 2026?
Based on GuruFocus' analysis, Polynet PCL stock appears to be undervalued.
The current stock price of ฿6.80 is trading 24.1% below its estimated GF Value™ of ฿8.96.
GuruFocus considers Polynet PCL to be Modestly Undervalued.
Key valuation signals for BKK:POLY:
Dividend Payout Ratio: 1.88 (116% above median its 10-year median of 0.87)
GF Value™: ฿8.96 vs. price of ฿6.80 (24.1% below fair value)
Industry Position: 408.1% above the Industrial Products median (#1492 of 1719)
No single metric tells the full story. See the BKK:POLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polynet PCL is engaged in the forming, manufacturing and distributing of products related to rubber, plastic, silicone, and molds for the automotive industry, medical tools and equipment, and consumer products. The company generates majority of its revenue from automotive industry.
91GF Score
Get the complete analysis for BKK:POLY
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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