Thai Metal Drum Manufacturing PCL (BKK:TMD) Dividend Payout Ratio: 2.79 (As of Mar. 2026) — 310% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BKK:TMD Thai Metal Drum Manufacturing PCL BKK:TMD
79 GF Score
Price ฿27.00
GF Value ฿22.92
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Thai Metal Drum Manufacturing PCL Dividend Payout Ratio?

Thai Metal Drum Manufacturing PCL BKK:TMD +1.89% 79 Dividend Payout Ratio is 2.79 as of Mar. 2026, which is 310% above its 10-year median of 0.68. GuruFocus rates BKK:TMD with a GF Score™ of 79/100 and a GF Value™ of ฿22.92 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 211 Packaging & Containers companies, Thai Metal Drum Manufacturing PCL ranks worse than 77.73% 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. Thai Metal Drum Manufacturing PCL's Dividend Payout Ratio for the months ended in Mar. 2026 was 2.79.

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

BKK:TMD' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.68   Max: 1.08
Current: 0.7


During the past 13 years, the highest Dividend Payout Ratio of Thai Metal Drum Manufacturing PCL was 1.08. The lowest was 0.27. And the median was 0.68.

BKK:TMD's Dividend Payout Ratio is ranked worse than
77.73% of 211 companies
in the Packaging & Containers industry
Industry Median: 0.39 vs BKK:TMD: 0.70

As of today (2026-07-13), the Dividend Yield % of Thai Metal Drum Manufacturing PCL is 6.42%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Thai Metal Drum Manufacturing PCL was 11.48%. The lowest was 2.33%. And the median was 6.31%.

Thai Metal Drum Manufacturing PCL's Dividends per Share for the months ended in Mar. 2026 was ฿1.70.

During the past 12 months, Thai Metal Drum Manufacturing PCL's average Dividends Per Share Growth Rate was 3.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Thai Metal Drum Manufacturing PCL was 49.40% per year. The lowest was -22.90% per year. And the median was 7.70% 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.


Thai Metal Drum Manufacturing PCL (BKK:TMD) 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.


Thai Metal Drum Manufacturing PCL Dividend Payout Ratio Related Terms


Thai Metal Drum Manufacturing PCL Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Thai Metal Drum Manufacturing 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.

Thai Metal Drum Manufacturing PCL Dividend Payout Ratio Chart

Thai Metal Drum Manufacturing PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.81 0.82 0.77 0.70

Thai Metal Drum Manufacturing 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.46 0.00 0.00 0.00 2.79

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

For the Packaging & Containers subindustry, Thai Metal Drum Manufacturing 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.


Thai Metal Drum Manufacturing PCL Dividend Payout Ratio vs Packaging & Containers Industry

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

* The bar in red indicates where Thai Metal Drum Manufacturing PCL's Dividend Payout Ratio falls into.


BKK:TMD
79GF Score
Thai Metal Drum Manufacturing PCL BKK:TMD
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Metal Drum Manufacturing 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.

Thai Metal Drum Manufacturing 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 )
=1.65/ 2.366
=0.70

Thai Metal Drum Manufacturing 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 )
=1.7/ 0.61
=2.79

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 2.79 mean?
Thai Metal Drum Manufacturing PCL (BKK:TMD) has a Dividend Payout Ratio of 2.79 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Thai Metal Drum Manufacturing PCL and its competitors. This is 310% above median its historical median of 0.68. Over the past decade, Thai Metal Drum Manufacturing PCL's Dividend Payout Ratio has ranged from 0.27 to 1.08. According to the industry distribution chart, Thai Metal Drum Manufacturing PCL ranks #164 out of 211 companies in the Packaging & Containers industry, placing it in the top 77.7%.
Is Thai Metal Drum Manufacturing PCL's Dividend Payout Ratio too high?
Thai Metal Drum Manufacturing PCL's current Dividend Payout Ratio of 2.79 is 310% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.08. The Packaging & Containers industry median Dividend Payout Ratio is 0.39. Thai Metal Drum Manufacturing PCL's value of 2.79 is 615.4% above this industry median. Based on the distribution chart, Thai Metal Drum Manufacturing PCL ranks #164 out of 211 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Thai Metal Drum Manufacturing PCL has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Metal Drum Manufacturing PCL's Dividend Payout Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Metal Drum Manufacturing PCL ranks #164 out of 211 companies for Dividend Payout Ratio. This places Thai Metal Drum Manufacturing PCL in the lower half of its industry. The industry median Dividend Payout Ratio is 0.39. Thai Metal Drum Manufacturing PCL's value of 2.79 is 615.4% above this benchmark. Historically, Thai Metal Drum Manufacturing PCL's own Dividend Payout Ratio has ranged from 0.27 to 1.08 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.39, Thai Metal Drum Manufacturing 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. Thai Metal Drum Manufacturing PCL's current Dividend Payout Ratio of 2.79 is 615.4% 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 Thai Metal Drum Manufacturing 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. Thai Metal Drum Manufacturing PCL's current Dividend Payout Ratio is 2.79, which is 310% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Metal Drum Manufacturing PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Metal Drum Manufacturing PCL (BKK:TMD) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿22.92, compared to a current price of ฿27.00 — trading 17.8% above its estimated fair value. The current Dividend Payout Ratio is 2.79, which is 310% above median its 10-year median of 0.68 and 615.4% above the Packaging & Containers industry median of 0.39. Thai Metal Drum Manufacturing PCL's overall GF Score™ is 79/100 with 3 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 Thai Metal Drum Manufacturing PCL (BKK:TMD), the current Dividend Payout Ratio is 2.79 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 Thai Metal Drum Manufacturing PCL (BKK:TMD) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Metal Drum Manufacturing PCL stock appears to be overvalued. The current stock price of ฿27.00 is trading 17.8% above its estimated GF Value™ of ฿22.92. GuruFocus considers Thai Metal Drum Manufacturing PCL to be Modestly Overvalued.

Key valuation signals for BKK:TMD:

  • Dividend Payout Ratio: 2.79 (310% above median its 10-year median of 0.68)
  • GF Value™: ฿22.92 vs. price of ฿27.00 (17.8% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 615.4% above the Packaging & Containers median (#164 of 211)

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


Thai Metal Drum Manufacturing PCL Business Description

Address 193/142 Rachadapisek Road, 35th Floor, Lake Rajada Office Complex, Klongtoey, Bangkok, THA, 10110
Thai Metal Drum Manufacturing PCL is a Thailand-based metal drum manufacturing company. The firm is mainly engaged in the manufacturing and distribution of steel drums, plastic products, and the provision of office buildings for rent. Its products include Steel drums, tight-head drums, and open-head drums. The business operating segment includes the Production and Sales of Metal drums, the Production and Sales of Plastic Products, Rental and service income, and Others. The majority of its revenue is generated from the Production and Sales of Metal drums and geographically from Thailand.
79GF Score

Get the complete analysis for BKK:TMD

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

฿27.00
Price
฿22.92
GF Value