Old Chang KeeSGX:5ML -2.52%44 Dividend Payout Ratio is 0.27 as of Mar. 2026, which is 31% below its 10-year median of 0.39. GuruFocus rates SGX:5ML with a GF Score™ of 44/100 and a GF Value™ of S$0.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 166 Restaurants companies, Old Chang Kee ranks better than 69.28% 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. Old Chang Kee's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.27.
The historical rank and industry rank for Old Chang Kee's Dividend Payout Ratio or its related term are showing as below:
SGX:5ML'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.39 Max: 1.14
Current: 0.26
During the past 13 years, the highest Dividend Payout Ratio of Old Chang Kee was 1.14. The lowest was 0.13. And the median was 0.39.
SGX:5ML's Dividend Payout Ratio is ranked better than 69.28% of 166
companies
in the Restaurants industry
Industry Median: 0.39
vs SGX:5ML: 0.26
During the past 5 years, the average Dividends Per Share Growth Rate was 10.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -5.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Old Chang Kee was 44.20% per year. The lowest was -30.70% per year. And the median was 0.00% 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.
Old Chang Kee (SGX:5ML) 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.
Old Chang Kee Dividend Payout Ratio Related Terms
Old Chang Kee Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Old Chang Kee'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.
SGX:5ML vs MCD, SBUX, YUM: Dividend Payout Ratio Comparison
For the Restaurants subindustry, Old Chang Kee'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.
Old Chang Kee Dividend Payout Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Old Chang Kee's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Old Chang Kee'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.
Old Chang Kee'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.
Old Chang Kee (SGX:5ML) has a Dividend Payout Ratio of 0.27 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Old Chang Kee and its competitors. This is 31% below median its historical median of 0.39. Over the past decade, Old Chang Kee's Dividend Payout Ratio has ranged from 0.13 to 1.14. According to the industry distribution chart, Old Chang Kee ranks #51 out of 166 companies in the Restaurants industry, placing it in the top 30.7%.
Is Old Chang Kee's Dividend Payout Ratio too high?
Old Chang Kee's current Dividend Payout Ratio of 0.27 is 31% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.14. The Restaurants industry median Dividend Payout Ratio is 0.39. Old Chang Kee's value of 0.27 is 30.8% below this industry median. Based on the distribution chart, Old Chang Kee ranks #51 out of 166 companies in the Restaurants industry, which is above the industry midpoint. Overall, Old Chang Kee has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old Chang Kee's Dividend Payout Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Old Chang Kee ranks #51 out of 166 companies for Dividend Payout Ratio. This puts Old Chang Kee in the upper half of its industry. The industry median Dividend Payout Ratio is 0.39. Old Chang Kee's value of 0.27 is 30.8% below this benchmark. Historically, Old Chang Kee's own Dividend Payout Ratio has ranged from 0.13 to 1.14 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.39, Old Chang Kee 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 Restaurants company?
The median Dividend Payout Ratio among Restaurants companies is 0.39, based on 166 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. Old Chang Kee's current Dividend Payout Ratio of 0.27 is 30.8% 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 Old Chang Kee and its competitors. For the Restaurants 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. Old Chang Kee's current Dividend Payout Ratio is 0.27, which is 31% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Chang Kee stock overvalued right now?
Based on GuruFocus' analysis, Old Chang Kee (SGX:5ML) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.80, compared to a current price of S$1.16 — trading 45% above its estimated fair value. The current Dividend Payout Ratio is 0.27, which is 31% below median its 10-year median of 0.39 and 30.8% below the Restaurants industry median of 0.39. Old Chang Kee's overall GF Score™ is 44/100 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 Old Chang Kee (SGX:5ML), the current Dividend Payout Ratio is 0.27 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 Old Chang Kee (SGX:5ML) Overvalued in 2026?
Based on GuruFocus' analysis, Old Chang Kee stock appears to be overvalued.
The current stock price of S$1.16 is trading 45% above its estimated GF Value™ of S$0.80.
GuruFocus considers Old Chang Kee to be Significantly Overvalued.
Key valuation signals for SGX:5ML:
Dividend Payout Ratio: 0.27 (31% below median its 10-year median of 0.39)
GF Value™: S$0.80 vs. price of S$1.16 (45% above fair value)
Industry Position: 30.8% below the Restaurants median (#51 of 166)
No single metric tells the full story. See the SGX:5ML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Old Chang Kee Ltd is engaged in the manufacturing and distribution of food products. The company's products include curry puffs, fishballs, chicken nuggets, and chicken wings. It also provides catering services in Singapore. The company's geographical segments include Singapore, Australia, and Malaysia, and a majority of its revenue is derived from Singapore. The company is engaged in the manufacture and sale of food products under brands such as Old Chang Kee, the Curry Times, and Dip n Go.
44GF Score
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