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.
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.
Vanachai Group PCLBKK:VNG 68 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates BKK:VNG with a GF Score™ of 68/100 and a GF Value™ of ฿2.66 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 117 Forest Products companies, Vanachai Group PCL ranks worse than 854700% 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. Vanachai Group PCL's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Vanachai Group PCL's Dividend Payout Ratio or its related term are showing as below:
During the past 13 years, the highest Dividend Payout Ratio of Vanachai Group PCL was 5.00. The lowest was 0.13. And the median was 0.64.
BKK:VNG's Dividend Payout Ratio is not ranked *
in the Forest Products industry.
Industry Median: 0.4 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 12 months, Vanachai Group PCL's average Dividends Per Share Growth Rate was -100.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -50.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vanachai Group PCL was 173.50% per year. The lowest was -50.00% per year. And the median was -12.60% 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.
Vanachai Group PCL (BKK:VNG) 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.
Vanachai Group PCL Dividend Payout Ratio Related Terms
Vanachai Group PCL Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Vanachai Group 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:VNG vs SSD, UFPI, BCC: Dividend Payout Ratio Comparison
For the Lumber & Wood Production subindustry, Vanachai Group 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.
Vanachai Group PCL Dividend Payout Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Vanachai Group PCL's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Vanachai Group PCL's Dividend Payout Ratio falls into.
Vanachai Group 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.
Vanachai Group 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.
Vanachai Group PCL (BKK:VNG) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Vanachai Group PCL and its competitors. Over the past decade, Vanachai Group PCL's Dividend Payout Ratio has ranged from 0.13 to 5.00. According to the industry distribution chart, Vanachai Group PCL ranks #999999 out of 117 companies in the Forest Products industry.
Is Vanachai Group PCL's Dividend Payout Ratio too high?
Vanachai Group PCL's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 5.00. Based on the distribution chart, Vanachai Group PCL ranks #999999 out of 117 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Vanachai Group PCL has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vanachai Group PCL's Dividend Payout Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Vanachai Group PCL ranks #999999 out of 117 companies for Dividend Payout Ratio. This places Vanachai Group PCL in the lower half of its industry. The industry median Dividend Payout Ratio is 0.40. Historically, Vanachai Group PCL's own Dividend Payout Ratio has ranged from 0.13 to 5.00 over the past decade. 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 Forest Products company?
The median Dividend Payout Ratio among Forest Products companies is 0.40, based on 117 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. 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 Vanachai Group PCL and its competitors. For the Forest Products industry, the median Dividend Payout Ratio is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanachai Group PCL's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanachai Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Vanachai Group PCL (BKK:VNG) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.66, compared to a current price of ฿2.16 — trading 18.8% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Vanachai Group PCL's overall GF Score™ is 68/100 with 7 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 Vanachai Group PCL (BKK:VNG), the current Dividend Payout Ratio is 0.00 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 Vanachai Group PCL (BKK:VNG) Overvalued in 2026?
Based on GuruFocus' analysis, Vanachai Group PCL stock appears to be undervalued.
The current stock price of ฿2.16 is trading 18.8% below its estimated GF Value™ of ฿2.66.
GuruFocus considers Vanachai Group PCL to be Modestly Undervalued.
Key valuation signals for BKK:VNG:
Dividend Payout Ratio: 0.00
GF Value™: ฿2.66 vs. price of ฿2.16 (18.8% below fair value)
No single metric tells the full story. See the BKK:VNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vanachai Group PCL is a Thailand-based company. The principal activities of the company and its subsidiaries involve the production and distribution of wood plates, MDF boards, Particle boards, Doorskin, and Malamine on wood plates. The company creates wood-based goods such as particleboards, medium-density fiberboards (MDF boards), Doorskin, and melamine laminated particleboards, which are distributed to both domestic and international markets. It also sells finished products that include melamine doors, door frames, resins, formaldehyde adhesives, and finished flooring. The company generates the vast majority of its revenue in Thailand.
68GF Score
Get the complete analysis for BKK:VNG
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:VNG has been successfully added to your 
