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. Nine Dragons Paper (Holdings)'s Dividend Payout Ratio for the
months ended in Dec. 2025 was 0.00.
The historical rank and industry rank for Nine Dragons Paper (Holdings)'s Dividend Payout Ratio or its related term are showing as below:
During the past 13 years, the highest Dividend Payout Ratio of Nine Dragons Paper (Holdings) was 0.58. The lowest was 0.14. And the median was 0.28.
NDGPF's Dividend Payout Ratio is not ranked *
in the Forest Products industry.
Industry Median: 0.415 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 13 years, the highest Trailing Annual Dividend Yield of Nine Dragons Paper (Holdings) was 10.67%. The lowest was 0.43%. And the median was 3.95%.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nine Dragons Paper (Holdings) was 75.70% per year. The lowest was -62.60% per year. And the median was 4.70% 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.
Nine Dragons Paper (Holdings) (OTCPK:NDGPF) 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.
Nine Dragons Paper (Holdings) Dividend Payout Ratio Related Terms
Nine Dragons Paper (Holdings) Dividend Payout Ratio Historical Data
* 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.
Nine Dragons Paper (Holdings) Dividend Payout Ratio Chart
Nine Dragons Paper (Holdings) Dividend Payout Ratio Competitor Comparison
For the Paper & Paper Products subindustry, Nine Dragons Paper (Holdings)'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.
Nine Dragons Paper (Holdings) Dividend Payout Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Nine Dragons Paper (Holdings)'s Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Nine Dragons Paper (Holdings)'s Dividend Payout Ratio falls into.
Nine Dragons Paper (Holdings) 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.
* 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.
Nine Dragons Paper (Holdings) (NDGPF) has a Dividend Payout Ratio of 0.00 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nine Dragons Paper (Holdings) and its competitors. Over the past decade, Nine Dragons Paper (Holdings)'s Dividend Payout Ratio has ranged from 0.14 to 0.58. According to the industry distribution chart, Nine Dragons Paper (Holdings) ranks #999999 out of 116 companies in the Forest Products industry.
Is Nine Dragons Paper (Holdings)'s Dividend Payout Ratio too high?
Nine Dragons Paper (Holdings)'s current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.58. Based on the distribution chart, Nine Dragons Paper (Holdings) ranks #999999 out of 116 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Nine Dragons Paper (Holdings) has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nine Dragons Paper (Holdings)'s Dividend Payout Ratio compare to competitors?
According to the Forest Products industry distribution chart, Nine Dragons Paper (Holdings) ranks #999999 out of 116 companies for Dividend Payout Ratio. This places Nine Dragons Paper (Holdings) in the lower half of its industry. The industry median Dividend Payout Ratio is 0.42. Historically, Nine Dragons Paper (Holdings)'s own Dividend Payout Ratio has ranged from 0.14 to 0.58 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 0.42, based on 116 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 Nine Dragons Paper (Holdings) and its competitors. For the Forest Products industry, the median Dividend Payout Ratio is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nine Dragons Paper (Holdings)'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 Nine Dragons Paper (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Nine Dragons Paper (Holdings) (NDGPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.71, compared to a current price of $0.90 — trading 26.8% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Nine Dragons Paper (Holdings)'s overall GF Score™ is 49/100 with 6 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 Nine Dragons Paper (Holdings) (NDGPF), the current Dividend Payout Ratio is 0.00 as of Dec. 2025. 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 Nine Dragons Paper (Holdings) (NDGPF) Overvalued in 2026?
Based on GuruFocus' analysis, Nine Dragons Paper (Holdings) stock appears to be overvalued.
The current stock price of $0.90 is trading 26.8% above its estimated GF Value™ of $0.71.
GuruFocus considers Nine Dragons Paper (Holdings) to be Modestly Overvalued.
Key valuation signals for NDGPF:
Dividend Payout Ratio: 0.00
GF Value™: $0.71 vs. price of $0.90 (26.8% above fair value)
No single metric tells the full story. See the NDGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nine Dragons Paper (Holdings) Business Description
Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company is a pulp and paper manufacturing group specializing in the integrated production of pulp and paper, with main products including various kinds of environmentally friendly packaging paper, printing and writing paper, high-end virgin paper, and products from the entire upstream and downstream production chain. Covering the full industry spectrum, it offers kraftlinerboard, testlinerboard, white top linerboard, coated linerboard, bleached folding boxboard, high-performance corrugating medium, coated duplex board, gypsum board cover paper, and more.
49GF Score
Get the complete analysis for NDGPF
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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