Tokyongyo Co (FRA:98A) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

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FRA:98A Tokyo Sangyo Co Ltd FRA:98A
52 GF Score
Price €4.80
GF Value €3.74
! 3 Warning Signs
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What is Tokyongyo Co Dividend Payout Ratio?

Tokyongyo Co FRA:98A +0.39% 52 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates FRA:98A with a GF Score™ of 52/100 and a GF Value™ of €3.74. The stock has 3 warning signs investors should review. Among 304 Conglomerates companies, Tokyongyo Co ranks better than 57.57% 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. Tokyongyo Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

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


During the past 13 years, the highest Dividend Payout Ratio of Tokyongyo Co was 0.52. The lowest was 0.25. And the median was 0.34.

FRA:98A's Dividend Payout Ratio is not ranked *
in the Conglomerates industry.
Industry Median: 0.34
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-08-26), the Dividend Yield % of Tokyongyo Co is 2.16%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tokyongyo Co was 5.66%. The lowest was 1.69%. And the median was 3.61%.

Tokyongyo Co's Dividends per Share for the months ended in Mar. 2026 was €0.00.

During the past 12 months, Tokyongyo Co's average Dividends Per Share Growth Rate was 5.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tokyongyo Co was 26.00% per year. The lowest was 0.00% per year. And the median was 10.80% 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.

Tokyongyo Co (FRA:98A) 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.

Tokyongyo Co Dividend Payout Ratio Related Terms

Tokyongyo Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Tokyongyo Co'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.

Tokyongyo Co Dividend Payout Ratio Chart

Tokyongyo Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.15

Tokyongyo Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 0.00

FRA:98A vs MMM, HON: Dividend Payout Ratio Comparison

For the Conglomerates subindustry, Tokyongyo Co'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.

Tokyongyo Co Dividend Payout Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tokyongyo Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tokyongyo Co's Dividend Payout Ratio falls into.


FRA:98A
52GF Score
Tokyo Sangyo Co Ltd FRA:98A
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyongyo Co 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.

Tokyongyo Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=0.104/ 0.705
=0.15

Tokyongyo Co'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/ 0.353
=0.00

* 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 0.00 mean?
Tokyongyo Co (FRA:98A) 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 Tokyongyo Co and its competitors. Over the past decade, Tokyongyo Co's Dividend Payout Ratio has ranged from 0.25 to 0.52. According to the industry distribution chart, Tokyongyo Co ranks #129 out of 304 companies in the Conglomerates industry, placing it in the top 42.4%.
Is Tokyongyo Co's Dividend Payout Ratio too high?
Tokyongyo Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.52. Based on the distribution chart, Tokyongyo Co ranks #129 out of 304 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Tokyongyo Co has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Tokyongyo Co's Dividend Payout Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Tokyongyo Co ranks #129 out of 304 companies for Dividend Payout Ratio. This puts Tokyongyo Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.34. Historically, Tokyongyo Co's own Dividend Payout Ratio has ranged from 0.25 to 0.52 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 Conglomerates company?
The median Dividend Payout Ratio among Conglomerates companies is 0.34, based on 304 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 Tokyongyo Co and its competitors. For the Conglomerates industry, the median Dividend Payout Ratio is 0.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyongyo Co'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 Tokyongyo Co stock overvalued right now?
Tokyongyo Co (FRA:98A) has a current Dividend Payout Ratio of 0.00. The stock's GF Value™ is €3.74, compared to a current price of €4.80 — trading 28.2% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Tokyongyo Co's overall GF Score™ is 52/100 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 Tokyongyo Co (FRA:98A), 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 Tokyongyo Co (FRA:98A) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyongyo Co stock appears to be overvalued. The current stock price of €4.80 is trading 28.2% above its estimated GF Value™ of €3.74.

Key valuation signals for FRA:98A:

  • Dividend Payout Ratio: 0.00
  • GF Value™: €3.74 vs. price of €4.80 (28.2% above fair value)
  • GF Score™: 52/100 with 3 warning signs

No single metric tells the full story. See the FRA:98A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tokyongyo Co Business Description

Other Exchanges 8070:Japan
Address 8th Floor, Shin-Otemachi Building, 2-1, Otemachi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-0004
Tokyo Sangyo Co Ltd is a manufacturer of electric power, environmental and industrial equipment and machinery. It is engaged in the domestic sales of machinery, plant facilities, materials, tools, and chemicals. International trading and Real estate leasing.
52GF Score

Get the complete analysis for FRA:98A

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

€4.80
Price
€3.74
GF Value