Marusan-Ai Co (NGO:2551) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

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.

NGO:2551 Marusan-Ai Co Ltd NGO:2551
47 GF Score
Price 円3,555.00
GF Value 円3,790.75
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Marusan-Ai Co Dividend Payout Ratio?

Marusan-Ai Co NGO:2551 -0.28% 47 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates NGO:2551 with a GF Score™ of 47/100 and a GF Value™ of 円3,790.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 997 Consumer Packaged Goods companies, Marusan-Ai Co ranks better than 89.67% 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. Marusan-Ai Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

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

NGO:2551' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.17   Max: 0.56
Current: 0.13


During the past 13 years, the highest Dividend Payout Ratio of Marusan-Ai Co was 0.56. The lowest was 0.08. And the median was 0.17.

NGO:2551's Dividend Payout Ratio is ranked better than
89.67% of 997 companies
in the Consumer Packaged Goods industry
Industry Median: 0.43 vs NGO:2551: 0.13

As of today (2026-07-16), the Dividend Yield % of Marusan-Ai Co is 0.84%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Marusan-Ai Co was 1.79%. The lowest was 0.77%. And the median was 1.08%.

Marusan-Ai Co's Dividends per Share for the months ended in Mar. 2026 was 円0.00.

During the past 12 months, Marusan-Ai Co's average Dividends Per Share Growth Rate was 66.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Marusan-Ai Co was 26.00% per year. The lowest was -2.60% per year. And the median was 2.70% 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.


Marusan-Ai Co (NGO:2551) 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.


Marusan-Ai Co Dividend Payout Ratio Related Terms


Marusan-Ai Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Marusan-Ai 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.

Marusan-Ai Co Dividend Payout Ratio Chart

Marusan-Ai Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.08 0.17

Marusan-Ai Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.16 0.00 0.29 0.00

NGO:2551 vs KHC, GIS: Dividend Payout Ratio Comparison

For the Packaged Foods subindustry, Marusan-Ai 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.


Marusan-Ai Co Dividend Payout Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marusan-Ai Co's Dividend Payout Ratio distribution charts can be found below:

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


NGO:2551
47GF Score
Marusan-Ai Co Ltd NGO:2551
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marusan-Ai 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.

Marusan-Ai Co's Dividend Payout Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2025 )/ EPS without NRI (A: Sep. 2025 )
=50/ 288.297
=0.17

Marusan-Ai 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/ 212.14
=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?
Marusan-Ai Co (NGO:2551) 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 Marusan-Ai Co and its competitors. Over the past decade, Marusan-Ai Co's Dividend Payout Ratio has ranged from 0.08 to 0.56. According to the industry distribution chart, Marusan-Ai Co ranks #103 out of 997 companies in the Consumer Packaged Goods industry, placing it in the top 10.3%.
Is Marusan-Ai Co's Dividend Payout Ratio too high?
Marusan-Ai Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.56. Based on the distribution chart, Marusan-Ai Co ranks #103 out of 997 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Marusan-Ai Co has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marusan-Ai Co's Dividend Payout Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Marusan-Ai Co ranks #103 out of 997 companies for Dividend Payout Ratio. This places Marusan-Ai Co in the top 10% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.43. Historically, Marusan-Ai Co's own Dividend Payout Ratio has ranged from 0.08 to 0.56 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 Consumer Packaged Goods company?
The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.43, based on 997 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 Marusan-Ai Co and its competitors. For the Consumer Packaged Goods 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. Marusan-Ai 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 Marusan-Ai Co stock overvalued right now?
Based on GuruFocus' analysis, Marusan-Ai Co (NGO:2551) is currently considered Fairly Valued. The stock's GF Value™ is 円3,790.75, compared to a current price of 円3,555.00 — trading 6.2% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Marusan-Ai Co's overall GF Score™ is 47/100 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 Marusan-Ai Co (NGO:2551), 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 Marusan-Ai Co (NGO:2551) Overvalued in 2026?

Based on GuruFocus' analysis, Marusan-Ai Co stock appears to be undervalued. The current stock price of 円3,555.00 is trading 6.2% below its estimated GF Value™ of 円3,790.75. GuruFocus considers Marusan-Ai Co to be Fairly Valued.

Key valuation signals for NGO:2551:

  • Dividend Payout Ratio: 0.00
  • GF Value™: 円3,790.75 vs. price of 円3,555.00 (6.2% below fair value)
  • GF Score™: 47/100 with 5 warning signs

No single metric tells the full story. See the NGO:2551 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marusan-Ai Co Business Description

Address 1,Arasita, Aza, Nikki-cho, Aichi Prefecture, Okazaki, JPN, 444 2193
Marusan-Ai Co Ltd Manufacture and sale of groceries. It manufactures raw, instant, cooking miso, soy milk in sweetened, unsweetened, malt, strawberry, cocoa, & green tea flavors. It also offers green tea and acerola flavor drinks, soy milk base, seasonings base, soy sauce base, among others.
47GF Score

Get the complete analysis for NGO:2551

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

円3,555.00
Price
円3,790.75
GF Value