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Golf Do CoNGO:3032 +0.65%53 Dividend Payout Ratio is 4.20 as of Mar. 2026, which is 600% above its 10-year median of 0.60. GuruFocus rates NGO:3032 with a GF Score™ of 53/100 and a GF Value™ of 円212.35 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 506 Retail - Cyclical companies, Golf Do Co ranks worse than 51.38% 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. Golf Do Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 4.20.
The historical rank and industry rank for Golf Do Co's Dividend Payout Ratio or its related term are showing as below:
NGO:3032'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.6 Max: 0.71
Current: 0.44
During the past 13 years, the highest Dividend Payout Ratio of Golf Do Co was 0.71. The lowest was 0.21. And the median was 0.60.
NGO:3032's Dividend Payout Ratio is ranked worse than 51.38% of 506
companies
in the Retail - Cyclical industry
Industry Median: 0.415
vs NGO:3032: 0.44
During the past 12 months, Golf Do Co's average Dividends Per Share Growth Rate was 20.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -15.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Golf Do Co was -15.70% per year. The lowest was -15.70% per year. And the median was -15.70% 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.
Golf Do Co (NGO:3032) 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.
Golf Do Co Dividend Payout Ratio Related Terms
Golf Do Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Golf Do 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.
NGO:3032 vs CASY, WSM, DKS: Dividend Payout Ratio Comparison
For the Specialty Retail subindustry, Golf Do 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.
Golf Do Co Dividend Payout Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Golf Do Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Golf Do Co's Dividend Payout Ratio falls into.
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.
Golf Do Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 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.
Golf Do Co (NGO:3032) has a Dividend Payout Ratio of 4.20 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Golf Do Co and its competitors. This is 600% above median its historical median of 0.60. Over the past decade, Golf Do Co's Dividend Payout Ratio has ranged from 0.21 to 0.71. According to the industry distribution chart, Golf Do Co ranks #260 out of 506 companies in the Retail - Cyclical industry, placing it in the top 51.4%.
Is Golf Do Co's Dividend Payout Ratio too high?
Golf Do Co's current Dividend Payout Ratio of 4.20 is 600% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.71. The Retail - Cyclical industry median Dividend Payout Ratio is 0.42. Golf Do Co's value of 4.20 is 912% above this industry median. Based on the distribution chart, Golf Do Co ranks #260 out of 506 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Golf Do Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golf Do Co's Dividend Payout Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Golf Do Co ranks #260 out of 506 companies for Dividend Payout Ratio. This places Golf Do Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.42. Golf Do Co's value of 4.20 is 912% above this benchmark. Historically, Golf Do Co's own Dividend Payout Ratio has ranged from 0.21 to 0.71 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.42, Golf Do Co has consistently been above 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 Retail - Cyclical company?
The median Dividend Payout Ratio among Retail - Cyclical companies is 0.42, based on 506 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. Golf Do Co's current Dividend Payout Ratio of 4.20 is 912% above 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 Golf Do Co and its competitors. For the Retail - Cyclical 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. Golf Do Co's current Dividend Payout Ratio is 4.20, which is 600% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golf Do Co stock overvalued right now?
Based on GuruFocus' analysis, Golf Do Co (NGO:3032) is currently considered Significantly Overvalued. The stock's GF Value™ is 円212.35, compared to a current price of 円310.00 — trading 46% above its estimated fair value. The current Dividend Payout Ratio is 4.20, which is 600% above median its 10-year median of 0.60 and 912% above the Retail - Cyclical industry median of 0.42. Golf Do Co's overall GF Score™ is 53/100 with 7 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 Golf Do Co (NGO:3032), the current Dividend Payout Ratio is 4.20 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 Golf Do Co (NGO:3032) Overvalued in 2026?
Based on GuruFocus' analysis, Golf Do Co stock appears to be overvalued.
The current stock price of 円310.00 is trading 46% above its estimated GF Value™ of 円212.35.
GuruFocus considers Golf Do Co to be Significantly Overvalued.
Key valuation signals for NGO:3032:
Dividend Payout Ratio: 4.20 (600% above median its 10-year median of 0.60)
GF Value™: 円212.35 vs. price of 円310.00 (46% above fair value)
Industry Position: 912% above the Retail - Cyclical median (#260 of 506)
No single metric tells the full story. See the NGO:3032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Golf Do Co Ltd is engaged in the operation of direct and franchised chain stores that buy and sell second-hand clubs. Its products include new and second-hand golf clubs, golf goods, such as golf balls, caddy bags. It also provides free rental from the abundant clubs at the shop during lessons.
53GF Score
Get the complete analysis for NGO:3032
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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