Desa Deri venayi Ticaret AS (IST:DESA) Dividend Payout Ratio: 0.37 (As of Mar. 2026) — 118% 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.

IST:DESA Desa Deri ve Sanayi Ticaret AS IST:DESA
71 GF Score
Price ₺9.24
GF Value ₺11.93
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Desa Deri venayi Ticaret AS Dividend Payout Ratio?

Desa Deri venayi Ticaret AS IST:DESA -4.25% 71 Dividend Payout Ratio is 0.37 as of Mar. 2026, which is 118% above its 10-year median of 0.17. GuruFocus rates IST:DESA with a GF Score™ of 71/100 and a GF Value™ of ₺11.93 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 415 Manufacturing - Apparel & Accessories companies, Desa Deri venayi Ticaret AS ranks better than 63.13% 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. Desa Deri venayi Ticaret AS's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.37.

The historical rank and industry rank for Desa Deri venayi Ticaret AS's Dividend Payout Ratio or its related term are showing as below:

IST:DESA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.17   Max: 0.32
Current: 0.32


During the past 13 years, the highest Dividend Payout Ratio of Desa Deri venayi Ticaret AS was 0.32. The lowest was 0.17. And the median was 0.17.

IST:DESA's Dividend Payout Ratio is ranked better than
63.13% of 415 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs IST:DESA: 0.32

As of today (2026-07-28), the Dividend Yield % of Desa Deri venayi Ticaret AS is 2.60%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Desa Deri venayi Ticaret AS was 2.60%. The lowest was 0.47%. And the median was 1.32%.

Desa Deri venayi Ticaret AS's Dividends per Share for the months ended in Mar. 2026 was ₺0.08.

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.


Desa Deri venayi Ticaret AS (IST:DESA) 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.


Desa Deri venayi Ticaret AS Dividend Payout Ratio Related Terms


Desa Deri venayi Ticaret AS Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Desa Deri venayi Ticaret 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.

Desa Deri venayi Ticaret AS Dividend Payout Ratio Chart

Desa Deri venayi Ticaret AS 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 0.00 0.00 0.00 0.00 0.17

Desa Deri venayi Ticaret AS 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 0.00 0.00 0.49 0.18 0.37

IST:DESA vs NKE, DECK, ONON: Dividend Payout Ratio Comparison

For the Footwear & Accessories subindustry, Desa Deri venayi Ticaret 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.


Desa Deri venayi Ticaret AS Dividend Payout Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Desa Deri venayi Ticaret AS's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Desa Deri venayi Ticaret AS's Dividend Payout Ratio falls into.


IST:DESA
71GF Score
Desa Deri ve Sanayi Ticaret AS IST:DESA
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Desa Deri venayi Ticaret 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.

Desa Deri venayi Ticaret AS'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 )
=0.156/ 0.943
=0.17

Desa Deri venayi Ticaret AS'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 )
=0.084/ 0.23
=0.37

* 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 0.37 mean?
Desa Deri venayi Ticaret AS (IST:DESA) has a Dividend Payout Ratio of 0.37 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Desa Deri venayi Ticaret AS and its competitors. This is 118% above median its historical median of 0.17. Over the past decade, Desa Deri venayi Ticaret AS's Dividend Payout Ratio has ranged from 0.17 to 0.32. According to the industry distribution chart, Desa Deri venayi Ticaret AS ranks #153 out of 415 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36.9%.
Is Desa Deri venayi Ticaret AS's Dividend Payout Ratio too high?
Desa Deri venayi Ticaret AS's current Dividend Payout Ratio of 0.37 is 118% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.32. The Manufacturing - Apparel & Accessories industry median Dividend Payout Ratio is 0.43. Desa Deri venayi Ticaret AS's value of 0.37 is 14% below this industry median. Based on the distribution chart, Desa Deri venayi Ticaret AS ranks #153 out of 415 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Desa Deri venayi Ticaret AS has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Desa Deri venayi Ticaret AS's Dividend Payout Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Desa Deri venayi Ticaret AS ranks #153 out of 415 companies for Dividend Payout Ratio. This puts Desa Deri venayi Ticaret AS in the upper half of its industry. The industry median Dividend Payout Ratio is 0.43. Desa Deri venayi Ticaret AS's value of 0.37 is 14% below this benchmark. Historically, Desa Deri venayi Ticaret AS's own Dividend Payout Ratio has ranged from 0.17 to 0.32 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.43, Desa Deri venayi Ticaret AS has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Dividend Payout Ratio among Manufacturing - Apparel & Accessories companies is 0.43, based on 415 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. Desa Deri venayi Ticaret AS's current Dividend Payout Ratio of 0.37 is 14% below 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 Desa Deri venayi Ticaret AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Desa Deri venayi Ticaret AS's current Dividend Payout Ratio is 0.37, which is 118% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desa Deri venayi Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Desa Deri venayi Ticaret AS (IST:DESA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺11.93, compared to a current price of ₺9.24 — trading 22.5% below its estimated fair value. The current Dividend Payout Ratio is 0.37, which is 118% above median its 10-year median of 0.17 and 14% below the Manufacturing - Apparel & Accessories industry median of 0.43. Desa Deri venayi Ticaret AS's overall GF Score™ is 71/100 with 2 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 Desa Deri venayi Ticaret AS (IST:DESA), the current Dividend Payout Ratio is 0.37 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 Desa Deri venayi Ticaret AS (IST:DESA) Overvalued in 2026?

Based on GuruFocus' analysis, Desa Deri venayi Ticaret AS stock appears to be undervalued. The current stock price of ₺9.24 is trading 22.5% below its estimated GF Value™ of ₺11.93. GuruFocus considers Desa Deri venayi Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:DESA:

  • Dividend Payout Ratio: 0.37 (118% above median its 10-year median of 0.17)
  • GF Value™: ₺11.93 vs. price of ₺9.24 (22.5% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 14% below the Manufacturing - Apparel & Accessories median (#153 of 415)

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


Desa Deri venayi Ticaret AS Business Description

Address Halkali Cad. Number 208, Sefakoy, Istanbul, TUR, 34295
Desa Deri ve Sanayi Ticaret AS designs, manufactures, markets, and sells leather apparel and accessories for men and women. The company's products include leather jackets, wallets, iPad case, and handbags, among others.
71GF Score

Get the complete analysis for IST:DESA

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

₺9.24
Price
₺11.93
GF Value