Spine Asia Co (ROCO:6758) Dividend Payout Ratio: 0.00 (As of Jun. 2026)

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ROCO:6758 Spine Asia Co Ltd ROCO:6758
80 GF Score
Price NT$29.10
GF Value NT$44.55
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Spine Asia Co Dividend Payout Ratio?

Spine Asia Co ROCO:6758 80 Dividend Payout Ratio is 0.00 as of Jun. 2026. GuruFocus rates ROCO:6758 with a GF Score™ of 80/100 and a GF Value™ of NT$44.55 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 287 Medical Devices & Instruments companies, Spine Asia Co ranks worse than 94.08% 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. Spine Asia Co's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Spine Asia Co Ltd is 1.41, which seems too high.

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

ROCO:6758' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.41   Max: 2.5
Current: 1.41

During the past 10 years, the highest Dividend Payout Ratio of Spine Asia Co was 2.50. The lowest was 0.93. And the median was 1.41.

ROCO:6758's Dividend Payout Ratio is ranked worse than
94.08% of 287 companies
in the Medical Devices & Instruments industry
Industry Median: 0.43 vs ROCO:6758: 1.41

As of today (2026-08-31), the Dividend Yield % of Spine Asia Co is 3.44%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Spine Asia Co was 5.88%. The lowest was 2.01%. And the median was 3.72%.

Spine Asia Co's Dividends per Share for the months ended in Jun. 2026 was NT$0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -18.30% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Spine Asia Co was -12.60% per year. The lowest was -26.30% per year. And the median was -20.60% 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.

Spine Asia Co (ROCO:6758) 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.

Spine Asia Co Dividend Payout Ratio Related Terms

Spine Asia Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Spine Asia 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.

Spine Asia Co Dividend Payout Ratio Chart

Spine Asia Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 2.50 1.28 1.81 0.93

Spine Asia Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 10.87 0.00 2.20 0.00

ROCO:6758 vs ABT, SYK, MDT: Dividend Payout Ratio Comparison

For the Medical Devices subindustry, Spine Asia 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.

Spine Asia Co Dividend Payout Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Spine Asia Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Spine Asia Co's Dividend Payout Ratio falls into.


ROCO:6758
80GF Score
Spine Asia Co Ltd ROCO:6758
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spine Asia 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.

Spine Asia Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1/ 1.071
=0.93

Spine Asia Co's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0/ 0.254
=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?
Spine Asia Co (ROCO:6758) has a Dividend Payout Ratio of 0.00 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Spine Asia Co and its competitors. Over the past decade, Spine Asia Co's Dividend Payout Ratio has ranged from 0.93 to 2.50. According to the industry distribution chart, Spine Asia Co ranks #270 out of 287 companies in the Medical Devices & Instruments industry, placing it in the top 94.1%.
Is Spine Asia Co's Dividend Payout Ratio too high?
Spine Asia Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 2.50. Based on the distribution chart, Spine Asia Co ranks #270 out of 287 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Spine Asia Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spine Asia Co's Dividend Payout Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Spine Asia Co ranks #270 out of 287 companies for Dividend Payout Ratio. This places Spine Asia Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.43. Historically, Spine Asia Co's own Dividend Payout Ratio has ranged from 0.93 to 2.50 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 Medical Devices & Instruments company?
The median Dividend Payout Ratio among Medical Devices & Instruments companies is 0.43, based on 287 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 Spine Asia Co and its competitors. For the Medical Devices & Instruments 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. Spine Asia 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 Spine Asia Co stock overvalued right now?
Based on GuruFocus' analysis, Spine Asia Co (ROCO:6758) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$44.55, compared to a current price of NT$29.10 — trading 34.7% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Spine Asia Co's overall GF Score™ is 80/100 with 4 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 Spine Asia Co (ROCO:6758), the current Dividend Payout Ratio is 0.00 as of Jun. 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 Spine Asia Co (ROCO:6758) Overvalued in 2026?

Based on GuruFocus' analysis, Spine Asia Co stock appears to be undervalued. The current stock price of NT$29.10 is trading 34.7% below its estimated GF Value™ of NT$44.55. GuruFocus considers Spine Asia Co to be Significantly Undervalued.

Key valuation signals for ROCO:6758:

  • Dividend Payout Ratio: 0.00
  • GF Value™: NT$44.55 vs. price of NT$29.10 (34.7% below fair value)
  • GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the ROCO:6758 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Spine Asia Co Business Description

Address No. 80, Section 1, Chenggong Road, 20th Floor, Yonghe District, New Taipei, TWN
Spine Asia Co Ltd is a medical device company. It is engaged in the research, development, manufacturing, and marketing of spinal, implants and instruments. The company offers products such as vigor lumbar peek cage, remond polymer cervical cage, and combo cervical disc cage.
80GF Score

Get the complete analysis for ROCO:6758

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

NT$29.10
Price
NT$44.55
GF Value