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. Harboes Bryggeri AS's Dividend Payout Ratio for the
months ended in Apr. 2026 was 0.00.
The historical rank and industry rank for Harboes Bryggeri AS's Dividend Payout Ratio or its related term are showing as below:
FRA:DX4'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.32 Max: 33.33
Current: 0.37
During the past 13 years, the highest Dividend Payout Ratio of Harboes Bryggeri AS was 33.33. The lowest was 0.22. And the median was 0.32.
FRA:DX4's Dividend Payout Ratio is ranked better than 68.64% of 118
companies
in the Beverages - Alcoholic industry
Industry Median: 0.51
vs FRA:DX4: 0.37
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Harboes Bryggeri AS was 10.10% per year. The lowest was -42.80% per year. And the median was 0.00% 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.
Harboes Bryggeri AS (FRA:DX4) 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.
Harboes Bryggeri AS Dividend Payout Ratio Related Terms
Harboes Bryggeri AS Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Harboes Bryggeri AS'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.
FRA:DX4 vs BUD, STZ, TAP: Dividend Payout Ratio Comparison
For the Beverages - Brewers subindustry, Harboes Bryggeri AS'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.
Harboes Bryggeri AS Dividend Payout Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri AS's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Harboes Bryggeri AS's Dividend Payout Ratio falls into.
Harboes Bryggeri AS 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.
Harboes Bryggeri AS's Dividend Payout Ratio for the fiscal year that ended in Apr. 2026 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.
Harboes Bryggeri AS (FRA:DX4) has a Dividend Payout Ratio of 0.00 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Harboes Bryggeri AS and its competitors. Over the past decade, Harboes Bryggeri AS's Dividend Payout Ratio has ranged from 0.22 to 33.33. According to the industry distribution chart, Harboes Bryggeri AS ranks #37 out of 118 companies in the Beverages - Alcoholic industry, placing it in the top 31.4%.
Is Harboes Bryggeri AS's Dividend Payout Ratio too high?
Harboes Bryggeri AS's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 33.33. Based on the distribution chart, Harboes Bryggeri AS ranks #37 out of 118 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Harboes Bryggeri AS has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Harboes Bryggeri AS's Dividend Payout Ratio compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Harboes Bryggeri AS ranks #37 out of 118 companies for Dividend Payout Ratio. This puts Harboes Bryggeri AS in the upper half of its industry. The industry median Dividend Payout Ratio is 0.51. Historically, Harboes Bryggeri AS's own Dividend Payout Ratio has ranged from 0.22 to 33.33 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 Beverages - Alcoholic company?
The median Dividend Payout Ratio among Beverages - Alcoholic companies is 0.51, based on 118 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 Harboes Bryggeri AS and its competitors. For the Beverages - Alcoholic industry, the median Dividend Payout Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harboes Bryggeri AS'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 Harboes Bryggeri AS stock overvalued right now?
Harboes Bryggeri AS (FRA:DX4) has a current Dividend Payout Ratio of 0.00. The stock's GF Value™ is €16.26, compared to a current price of €14.62 — trading 10.1% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Harboes Bryggeri AS's overall GF Score™ is 64/100 with 5 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 Harboes Bryggeri AS (FRA:DX4), the current Dividend Payout Ratio is 0.00 as of Apr. 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 Harboes Bryggeri AS (FRA:DX4) Overvalued in 2026?
Based on GuruFocus' analysis, Harboes Bryggeri AS stock appears to be undervalued.
The current stock price of €14.62 is trading 10.1% below its estimated GF Value™ of €16.26.
Key valuation signals for FRA:DX4:
Dividend Payout Ratio: 0.00
GF Value™: €16.26 vs. price of €14.62 (10.1% below fair value)
No single metric tells the full story. See the FRA:DX4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.
64GF Score
Get the complete analysis for FRA:DX4
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