Starflex PCL (BKK:SFLEX) Dividend Payout Ratio: 0.56 (As of Mar. 2026) — Near Median

What is Starflex PCL Dividend Payout Ratio?

Starflex PCL BKK:SFLEX -0.68% 84 Dividend Payout Ratio is 0.56 as of Mar. 2026, which is 4% above its 10-year median of 0.54. GuruFocus rates BKK:SFLEX with a GF Score™ of 84/100 and a GF Value™ of ฿3.64 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 211 Packaging & Containers companies, Starflex PCL ranks worse than 64.93% 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. Starflex PCL's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.56.

The historical rank and industry rank for Starflex PCL's Dividend Payout Ratio or its related term are showing as below:

BKK:SFLEX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.54 Max: 0.69
Current: 0.53

During the past 10 years, the highest Dividend Payout Ratio of Starflex PCL was 0.69. The lowest was 0.30. And the median was 0.54.

BKK:SFLEX's Dividend Payout Ratio is ranked worse than
64.93% of 211 companies
in the Packaging & Containers industry
Industry Median: 0.39 vs BKK:SFLEX: 0.53

As of today (2026-07-03), the Dividend Yield % of Starflex PCL is 5.82%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Starflex PCL was 7.60%. The lowest was 0.68%. And the median was 2.10%.

Starflex PCL's Dividends per Share for the months ended in Mar. 2026 was ฿0.05.

During the past 12 months, Starflex PCL's average Dividends Per Share Growth Rate was 27.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 62.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.30% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Starflex PCL was 62.50% per year. The lowest was -13.30% per year. And the median was 7.30% 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.

Starflex PCL (BKK:SFLEX) 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.

Starflex PCL Dividend Payout Ratio Related Terms

Starflex PCL Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Starflex 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.

Starflex PCL Dividend Payout Ratio Chart

Starflex PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

Get a 7-Day Free Trial

0.47

0.64

0.33

0.30

0.60

Starflex PCL Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.92	0.00	1.50	0.00	0.56

BKK:SFLEX vs SW, PKG, IP: Dividend Payout Ratio Comparison

For the Packaging & Containers subindustry, Starflex 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.

Starflex PCL Dividend Payout Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Starflex PCL's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Starflex PCL's Dividend Payout Ratio falls into.

Save Embed

84GF Score

Starflex PCL BKK:SFLEX

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Starflex PCL Dividend Payout Ratio Calculation

Starflex PCL's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	0.193	/	0.32
	=	0.60

Starflex PCL's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.05	/	0.09
	=	0.56

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.56 mean?

Starflex PCL (BKK:SFLEX) has a Dividend Payout Ratio of 0.56 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Starflex PCL and its competitors. This is near median its historical median of 0.54. Over the past decade, Starflex PCL's Dividend Payout Ratio has ranged from 0.30 to 0.69. According to the industry distribution chart, Starflex PCL ranks #137 out of 211 companies in the Packaging & Containers industry, placing it in the top 64.9%.

Is Starflex PCL's Dividend Payout Ratio too high?

Starflex PCL's current Dividend Payout Ratio of 0.56 is near median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.69. The Packaging & Containers industry median Dividend Payout Ratio is 0.39. Starflex PCL's value of 0.56 is 43.6% above this industry median. Based on the distribution chart, Starflex PCL ranks #137 out of 211 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Starflex PCL has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Starflex PCL's Dividend Payout Ratio compare to SW and PKG?

According to the Packaging & Containers industry distribution chart, Starflex PCL ranks #137 out of 211 companies for Dividend Payout Ratio. This places Starflex PCL in the lower half of its industry. The industry median Dividend Payout Ratio is 0.39. Starflex PCL's value of 0.56 is 43.6% above this benchmark. Historically, Starflex PCL's own Dividend Payout Ratio has ranged from 0.30 to 0.69 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.39, Starflex 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 Packaging & Containers company?

The median Dividend Payout Ratio among Packaging & Containers companies is 0.39, based on 211 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. Starflex PCL's current Dividend Payout Ratio of 0.56 is 43.6% 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 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 Starflex PCL and its competitors. For the Packaging & Containers industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starflex PCL's current Dividend Payout Ratio is 0.56, which is near median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Starflex PCL stock overvalued right now?

Based on GuruFocus' analysis, Starflex PCL (BKK:SFLEX) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.64, compared to a current price of ฿2.92 — trading 19.8% below its estimated fair value. The current Dividend Payout Ratio is 0.56, which is near median its 10-year median of 0.54 and 43.6% above the Packaging & Containers industry median of 0.39. Starflex PCL's overall GF Score™ is 84/100 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 Starflex PCL (BKK:SFLEX), the current Dividend Payout Ratio is 0.56 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 Starflex PCL (BKK:SFLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Starflex PCL stock appears to be undervalued. The current stock price of ฿2.92 is trading 19.8% below its estimated GF Value™ of ฿3.64. GuruFocus considers Starflex PCL to be Modestly Undervalued.

Key valuation signals for BKK:SFLEX:

Dividend Payout Ratio: 0.56 (near median its 10-year median of 0.54)
GF Value™: ฿3.64 vs. price of ฿2.92 (19.8% below fair value)
GF Score™: 84/100 with 4 warning signs
Industry Position: 43.6% above the Packaging & Containers median (#137 of 211)

No single metric tells the full story. See the BKK:SFLEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Starflex PCL Business Description

Industry Consumer Cyclical Packaging & Containers

Comparable Companies BKK:CSC BKK:THIP BKK:SITHAI BKK:AJ BKK:TPAC BKK:TPBI BKK:PJW BKK:UNIX BKK:PDG BKK:TFI SW PKG IP AMCR BALL AVY CCK TSX:CCL.A SZSE:002812 OHEL:STERV

Address 189 / 48-49 Moo.3, Theparak Road, T. Bangpreang, A. Bangbo, Samutprakan, Bangkok, THA, 10560

Website https://www.starflex.co.th

Starflex PCL is engaged in the manufacture and distribution of flexible packaging. The company provides packaging for home and personal products, medical products, and food industries. There are three operating business segments: Packaging products for food, Packaging products for non-food, and Other segment. The Non-food packaging segment generates a vast majority of the revenues. The company operates in Thailand only.

84GF Score

Get the complete analysis for BKK:SFLEX

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿2.92

Price

฿3.64

GF Value

View BKK:SFLEX Analysis

See Dividend Payout Ratio data for all stocks →