ECOVE Environment (ROCO:6803) Dividend Payout Ratio: 3.66 (As of Jun. 2026) — 341% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6803 ECOVE Environment Corp ROCO:6803
96 GF Score
Price NT$268.50
GF Value NT$338.28
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is ECOVE Environment Dividend Payout Ratio?

ECOVE Environment ROCO:6803 -0.19% 96 Dividend Payout Ratio is 3.66 as of Jun. 2026, which is 341% above its 10-year median of 0.83. GuruFocus rates ROCO:6803 with a GF Score™ of 96/100 and a GF Value™ of NT$338.28 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 105 Waste Management companies, ECOVE Environment ranks worse than 81.9% 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. ECOVE Environment's Dividend Payout Ratio for the months ended in Jun. 2026 was 3.66.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of ECOVE Environment Corp is 0.86, which seems too high.

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

ROCO:6803' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.76   Med: 0.83   Max: 1
Current: 0.86


During the past 13 years, the highest Dividend Payout Ratio of ECOVE Environment was 1.00. The lowest was 0.76. And the median was 0.83.

ROCO:6803's Dividend Payout Ratio is ranked worse than
81.9% of 105 companies
in the Waste Management industry
Industry Median: 0.35 vs ROCO:6803: 0.86

As of today (2026-08-27), the Dividend Yield % of ECOVE Environment is 5.87%.

During the past 13 years, the highest Trailing Annual Dividend Yield of ECOVE Environment was 9.72%. The lowest was 3.66%. And the median was 5.07%.

ECOVE Environment's Dividends per Share for the months ended in Jun. 2026 was NT$15.79.

During the past 12 months, ECOVE Environment's average Dividends Per Share Growth Rate was 3.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ECOVE Environment was 15.30% per year. The lowest was -1.50% per year. And the median was 5.95% 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.


ECOVE Environment (ROCO:6803) 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.


ECOVE Environment Dividend Payout Ratio Related Terms


ECOVE Environment Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for ECOVE Environment'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.

ECOVE Environment Dividend Payout Ratio Chart

ECOVE Environment 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 0.84 0.80 0.83 0.83 0.83

ECOVE Environment Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 Premium Member Only 3.50 0.00 0.00 0.00 3.66

ROCO:6803 vs WM, RSG, WCN: Dividend Payout Ratio Comparison

For the Waste Management subindustry, ECOVE Environment'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.


ECOVE Environment Dividend Payout Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, ECOVE Environment's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where ECOVE Environment's Dividend Payout Ratio falls into.


ROCO:6803
96GF Score
ECOVE Environment Corp ROCO:6803
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ECOVE Environment 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.

ECOVE Environment'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 )
=15.244/ 18.42
=0.83

ECOVE Environment'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 )
=15.785/ 4.31
=3.66

* 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 3.66 mean?
ECOVE Environment (ROCO:6803) has a Dividend Payout Ratio of 3.66 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on ECOVE Environment and its competitors. This is 341% above median its historical median of 0.83. Over the past decade, ECOVE Environment's Dividend Payout Ratio has ranged from 0.76 to 1.00. According to the industry distribution chart, ECOVE Environment ranks #86 out of 105 companies in the Waste Management industry, placing it in the top 81.9%.
Is ECOVE Environment's Dividend Payout Ratio too high?
ECOVE Environment's current Dividend Payout Ratio of 3.66 is 341% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.00. The Waste Management industry median Dividend Payout Ratio is 0.35. ECOVE Environment's value of 3.66 is 945.7% above this industry median. Based on the distribution chart, ECOVE Environment ranks #86 out of 105 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, ECOVE Environment has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ECOVE Environment's Dividend Payout Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, ECOVE Environment ranks #86 out of 105 companies for Dividend Payout Ratio. This places ECOVE Environment in the lower half of its industry. The industry median Dividend Payout Ratio is 0.35. ECOVE Environment's value of 3.66 is 945.7% above this benchmark. Historically, ECOVE Environment's own Dividend Payout Ratio has ranged from 0.76 to 1.00 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.35, ECOVE Environment 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 Waste Management company?
The median Dividend Payout Ratio among Waste Management companies is 0.35, based on 105 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. ECOVE Environment's current Dividend Payout Ratio of 3.66 is 945.7% 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 ECOVE Environment and its competitors. For the Waste Management industry, the median Dividend Payout Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ECOVE Environment's current Dividend Payout Ratio is 3.66, which is 341% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECOVE Environment stock overvalued right now?
Based on GuruFocus' analysis, ECOVE Environment (ROCO:6803) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$338.28, compared to a current price of NT$268.50 — trading 20.6% below its estimated fair value. The current Dividend Payout Ratio is 3.66, which is 341% above median its 10-year median of 0.83 and 945.7% above the Waste Management industry median of 0.35. ECOVE Environment's overall GF Score™ is 96/100 with 6 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 ECOVE Environment (ROCO:6803), the current Dividend Payout Ratio is 3.66 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 ECOVE Environment (ROCO:6803) Overvalued in 2026?

Based on GuruFocus' analysis, ECOVE Environment stock appears to be undervalued. The current stock price of NT$268.50 is trading 20.6% below its estimated GF Value™ of NT$338.28. GuruFocus considers ECOVE Environment to be Modestly Undervalued.

Key valuation signals for ROCO:6803:

  • Dividend Payout Ratio: 3.66 (341% above median its 10-year median of 0.83)
  • GF Value™: NT$338.28 vs. price of NT$268.50 (20.6% below fair value)
  • GF Score™: 96/100 with 6 warning signs
  • Industry Position: 945.7% above the Waste Management median (#86 of 105)

No single metric tells the full story. See the ROCO:6803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ECOVE Environment Business Description

Address No. 16, Fushan Road, 12th Floor, Beitou District, Taipei City, TWN, 112037
ECOVE Environment Corp is a resource management services provider serving public and private entities across Greater China, Southeast Asia, India, and the USA. The Company is mainly engaged in investment, power generation, and waste management. Its services include Energy-from-Waste, Mechatronics, and Waste Management, while its projects include Energy-from-Waste, Photovoltaic Energy, and Hazardous and Special Waste Treatment.
96GF Score

Get the complete analysis for ROCO:6803

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

NT$268.50
Price
NT$338.28
GF Value