Mie CoNGO:3442 +2.62%66 Dividend Payout Ratio is 0.20 as of Mar. 2026, which is 186% above its 10-year median of 0.07. GuruFocus rates NGO:3442 with a GF Score™ of 66/100 and a GF Value™ of 円1,450.09 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 271 Steel companies, Mie Co ranks better than 85.98% 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. Mie Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.20.
The historical rank and industry rank for Mie Co's Dividend Payout Ratio or its related term are showing as below:
NGO:3442'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.07 Max: 0.11
Current: 0.11
During the past 13 years, the highest Dividend Payout Ratio of Mie Co was 0.11. The lowest was 0.06. And the median was 0.07.
NGO:3442's Dividend Payout Ratio is ranked better than 85.98% of 271
companies
in the Steel industry
Industry Median: 0.39
vs NGO:3442: 0.11
During the past 12 months, Mie Co's average Dividends Per Share Growth Rate was 100.00% 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.
Mie Co (NGO:3442) 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.
Mie Co Dividend Payout Ratio Related Terms
Mie Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Mie 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:3442 vs NUE, STLD, RS: Dividend Payout Ratio Comparison
For the Steel subindustry, Mie 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.
Mie Co Dividend Payout Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Mie Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Mie 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.
Mie 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.
Mie Co (NGO:3442) has a Dividend Payout Ratio of 0.20 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Mie Co and its competitors. This is 186% above median its historical median of 0.07. Over the past decade, Mie Co's Dividend Payout Ratio has ranged from 0.06 to 0.11. According to the industry distribution chart, Mie Co ranks #38 out of 271 companies in the Steel industry, placing it in the top 14%.
Is Mie Co's Dividend Payout Ratio too high?
Mie Co's current Dividend Payout Ratio of 0.20 is 186% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.11. The Steel industry median Dividend Payout Ratio is 0.39. Mie Co's value of 0.20 is 48.7% below this industry median. Based on the distribution chart, Mie Co ranks #38 out of 271 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mie Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mie Co's Dividend Payout Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mie Co ranks #38 out of 271 companies for Dividend Payout Ratio. This places Mie Co in the top 14% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.39. Mie Co's value of 0.20 is 48.7% below this benchmark. Historically, Mie Co's own Dividend Payout Ratio has ranged from 0.06 to 0.11 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.39, Mie Co 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 Steel company?
The median Dividend Payout Ratio among Steel companies is 0.39, based on 271 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. Mie Co's current Dividend Payout Ratio of 0.20 is 48.7% 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 Mie Co and its competitors. For the Steel industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Co's current Dividend Payout Ratio is 0.20, which is 186% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Co stock overvalued right now?
Based on GuruFocus' analysis, Mie Co (NGO:3442) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,450.09, compared to a current price of 円1,607.00 — trading 10.8% above its estimated fair value. The current Dividend Payout Ratio is 0.20, which is 186% above median its 10-year median of 0.07 and 48.7% below the Steel industry median of 0.39. Mie Co's overall GF Score™ is 66/100 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 Mie Co (NGO:3442), the current Dividend Payout Ratio is 0.20 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 Mie Co (NGO:3442) Overvalued in 2026?
Based on GuruFocus' analysis, Mie Co stock appears to be overvalued.
The current stock price of 円1,607.00 is trading 10.8% above its estimated GF Value™ of 円1,450.09.
GuruFocus considers Mie Co to be Modestly Overvalued.
Key valuation signals for NGO:3442:
Dividend Payout Ratio: 0.20 (186% above median its 10-year median of 0.07)
GF Value™: 円1,450.09 vs. price of 円1,607.00 (10.8% above fair value)
Industry Position: 48.7% below the Steel median (#38 of 271)
No single metric tells the full story. See the NGO:3442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mie Corp Co Ltd is a Japanese holding company. The company, through its subsidiaries, is engaged in the manufacturing of stainless steel fittings and flanges and the prefabricated piping processing of piping equipment. The products of the company include butt weld type fitting, housing type pipe fitting, and stainless steel pipe flange.
66GF Score
Get the complete analysis for NGO:3442
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