Pandora ASPNDZF 71 Dividend Payout Ratio is 1.75 as of Mar. 2026, which is 503% above its 10-year median of 0.29. GuruFocus rates PNDZF with a GF Score™ of 71/100 and a GF Value™ of $187.43 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 512 Retail - Cyclical companies, Pandora AS ranks better than 62.3% 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. Pandora AS's Dividend Payout Ratio for the
months ended in Mar. 2026 was 1.75.
The historical rank and industry rank for Pandora AS's Dividend Payout Ratio or its related term are showing as below:
PNDZF'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.29 Max: 0.47
Current: 0.33
During the past 13 years, the highest Dividend Payout Ratio of Pandora AS was 0.47. The lowest was 0.18. And the median was 0.29.
PNDZF's Dividend Payout Ratio is ranked better than 62.3% of 512
companies
in the Retail - Cyclical industry
Industry Median: 0.41
vs PNDZF: 0.33
During the past 12 months, Pandora AS's average Dividends Per Share Growth Rate was 10.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Pandora AS was 33.20% per year. The lowest was -11.50% per year. And the median was 10.30% 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.
Pandora AS (OTCPK:PNDZF) 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.
Pandora AS Dividend Payout Ratio Related Terms
Pandora AS Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Pandora 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.
PNDZF vs TPR, SIG, CPRI: Dividend Payout Ratio Comparison
For the Luxury Goods subindustry, Pandora 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.
Pandora AS Dividend Payout Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Pandora AS's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Pandora AS'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.
Pandora AS's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 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.
Pandora AS (PNDZF) has a Dividend Payout Ratio of 1.75 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Pandora AS and its competitors. This is 503% above median its historical median of 0.29. Over the past decade, Pandora AS's Dividend Payout Ratio has ranged from 0.18 to 0.47. According to the industry distribution chart, Pandora AS ranks #193 out of 512 companies in the Retail - Cyclical industry, placing it in the top 37.7%.
Is Pandora AS's Dividend Payout Ratio too high?
Pandora AS's current Dividend Payout Ratio of 1.75 is 503% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.47. The Retail - Cyclical industry median Dividend Payout Ratio is 0.41. Pandora AS's value of 1.75 is 326.8% above this industry median. Based on the distribution chart, Pandora AS ranks #193 out of 512 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Pandora AS has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pandora AS's Dividend Payout Ratio compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Pandora AS ranks #193 out of 512 companies for Dividend Payout Ratio. This puts Pandora AS in the upper half of its industry. The industry median Dividend Payout Ratio is 0.41. Pandora AS's value of 1.75 is 326.8% above this benchmark. Historically, Pandora AS's own Dividend Payout Ratio has ranged from 0.18 to 0.47 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.41, Pandora AS 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 0.41, based on 512 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. Pandora AS's current Dividend Payout Ratio of 1.75 is 326.8% 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 Pandora AS and its competitors. For the Retail - Cyclical industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pandora AS's current Dividend Payout Ratio is 1.75, which is 503% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pandora AS stock overvalued right now?
Based on GuruFocus' analysis, Pandora AS (PNDZF) is currently considered Significantly Undervalued. The stock's GF Value™ is $187.43, compared to a current price of $109.00 — trading 41.8% below its estimated fair value. The current Dividend Payout Ratio is 1.75, which is 503% above median its 10-year median of 0.29 and 326.8% above the Retail - Cyclical industry median of 0.41. Pandora 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 Pandora AS (PNDZF), the current Dividend Payout Ratio is 1.75 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 Pandora AS (PNDZF) Overvalued in 2026?
Based on GuruFocus' analysis, Pandora AS stock appears to be undervalued.
The current stock price of $109.00 is trading 41.8% below its estimated GF Value™ of $187.43.
GuruFocus considers Pandora AS to be Significantly Undervalued.
Key valuation signals for PNDZF:
Dividend Payout Ratio: 1.75 (503% above median its 10-year median of 0.29)
GF Value™: $187.43 vs. price of $109.00 (41.8% below fair value)
Industry Position: 326.8% above the Retail - Cyclical median (#193 of 512)
No single metric tells the full story. See the PNDZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,700 concept stores globally (2,000 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for over 80% and wholesale for the remainder. Charms and bracelets account for almost three-fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.
71GF Score
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