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Ushine PhotonicsROCO:3678 -1.96%77 Dividend Payout Ratio is 0.62 as of Dec. 2025, which is 48% above its 10-year median of 0.42. GuruFocus rates ROCO:3678 with a GF Score™ of 77/100 and a GF Value™ of NT$57.68 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 907 Chemicals companies, Ushine Photonics ranks worse than 60.86% 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. Ushine Photonics's Dividend Payout Ratio for the
months ended in Dec. 2025 was 0.62.
The historical rank and industry rank for Ushine Photonics's Dividend Payout Ratio or its related term are showing as below:
ROCO:3678'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.42 Max: 2.75
Current: 0.44
During the past 13 years, the highest Dividend Payout Ratio of Ushine Photonics was 2.75. The lowest was 0.08. And the median was 0.42.
ROCO:3678's Dividend Payout Ratio is ranked worse than 60.86% of 907
companies
in the Chemicals industry
Industry Median: 0.36
vs ROCO:3678: 0.44
During the past 12 months, Ushine Photonics'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 28.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ushine Photonics was 28.60% per year. The lowest was 28.60% per year. And the median was 28.60% 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.
Ushine Photonics (ROCO:3678) 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.
Ushine Photonics Dividend Payout Ratio Related Terms
Ushine Photonics Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Ushine Photonics'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.
ROCO:3678 vs DOW: Dividend Payout Ratio Comparison
For the Chemicals subindustry, Ushine Photonics'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.
Ushine Photonics Dividend Payout Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ushine Photonics's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Ushine Photonics's Dividend Payout Ratio falls into.
Ushine Photonics 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.
Ushine Photonics'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.
Ushine Photonics (ROCO:3678) has a Dividend Payout Ratio of 0.62 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ushine Photonics and its competitors. This is 48% above median its historical median of 0.42. Over the past decade, Ushine Photonics' Dividend Payout Ratio has ranged from 0.08 to 2.75. According to the industry distribution chart, Ushine Photonics ranks #552 out of 907 companies in the Chemicals industry, placing it in the top 60.9%.
Is Ushine Photonics' Dividend Payout Ratio too high?
Ushine Photonics' current Dividend Payout Ratio of 0.62 is 48% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 2.75. The Chemicals industry median Dividend Payout Ratio is 0.36. Ushine Photonics' value of 0.62 is 72.2% above this industry median. Based on the distribution chart, Ushine Photonics ranks #552 out of 907 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ushine Photonics has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ushine Photonics' Dividend Payout Ratio compare to DOW?
According to the Chemicals industry distribution chart, Ushine Photonics ranks #552 out of 907 companies for Dividend Payout Ratio. This places Ushine Photonics in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. Ushine Photonics' value of 0.62 is 72.2% above this benchmark. Historically, Ushine Photonics' own Dividend Payout Ratio has ranged from 0.08 to 2.75 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.36, Ushine Photonics 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 Chemicals company?
The median Dividend Payout Ratio among Chemicals companies is 0.36, based on 907 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. Ushine Photonics's current Dividend Payout Ratio of 0.62 is 72.2% 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 Ushine Photonics and its competitors. For the Chemicals industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ushine Photonics's current Dividend Payout Ratio is 0.62, which is 48% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ushine Photonics stock overvalued right now?
Based on GuruFocus' analysis, Ushine Photonics (ROCO:3678) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$57.68, compared to a current price of NT$50.00 — trading 13.3% below its estimated fair value. The current Dividend Payout Ratio is 0.62, which is 48% above median its 10-year median of 0.42 and 72.2% above the Chemicals industry median of 0.36. Ushine Photonics' overall GF Score™ is 77/100 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 Ushine Photonics (ROCO:3678), the current Dividend Payout Ratio is 0.62 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 Ushine Photonics (ROCO:3678) Overvalued in 2026?
Based on GuruFocus' analysis, Ushine Photonics stock appears to be undervalued.
The current stock price of NT$50.00 is trading 13.3% below its estimated GF Value™ of NT$57.68.
GuruFocus considers Ushine Photonics to be Modestly Undervalued.
Key valuation signals for ROCO:3678:
Dividend Payout Ratio: 0.62 (48% above median its 10-year median of 0.42)
GF Value™: NT$57.68 vs. price of NT$50.00 (13.3% below fair value)
Industry Position: 72.2% above the Chemicals median (#552 of 907)
No single metric tells the full story. See the ROCO:3678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ushine Photonics Corp produces indium tin oxide film products for the touch panel and display industries. Its products include ITO-films for resistive touch panels, Low resistivity TCO-films, Optical Clear Adhesives, and Anti-static protective film. It is specialized in material analysis, roll-to-roll vacuum coater design, and reactive sputtering process.
77GF Score
Get the complete analysis for ROCO:3678
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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