Food Empire Holdings (SGX:F03) Dividend Payout Ratio: 0.36 (As of Dec. 2025) — 157% 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.

SGX:F03 Food Empire Holdings Ltd SGX:F03
85 GF Score
Price S$2.28
GF Value S$1.18
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Food Empire Holdings Dividend Payout Ratio?

Food Empire Holdings SGX:F03 -2.15% 85 Dividend Payout Ratio is 0.36 as of Dec. 2025, which is 157% above its 10-year median of 0.14. GuruFocus rates SGX:F03 with a GF Score™ of 85/100 and a GF Value™ of S$1.18 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 68 Beverages - Non-Alcoholic companies, Food Empire Holdings ranks worse than 72.06% 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. Food Empire Holdings's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.36.

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

SGX:F03' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.14   Max: 0.63
Current: 0.63


During the past 13 years, the highest Dividend Payout Ratio of Food Empire Holdings was 0.63. The lowest was 0.11. And the median was 0.14.

SGX:F03's Dividend Payout Ratio is ranked worse than
72.06% of 68 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.43 vs SGX:F03: 0.63

As of today (2026-07-18), the Dividend Yield % of Food Empire Holdings is 2.92%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Food Empire Holdings was 5.07%. The lowest was 0.86%. And the median was 1.45%.

Food Empire Holdings's Dividends per Share for the months ended in Dec. 2025 was S$0.03.

During the past 12 months, Food Empire Holdings's average Dividends Per Share Growth Rate was 80.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 78.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 51.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Food Empire Holdings was 78.60% per year. The lowest was -48.90% per year. And the median was 29.20% 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.


Food Empire Holdings (SGX:F03) 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.


Food Empire Holdings Dividend Payout Ratio Related Terms


Food Empire Holdings Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Food Empire Holdings'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.

Food Empire Holdings Dividend Payout Ratio Chart

Food Empire Holdings 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 0.46 0.12 0.32 0.40 0.59

Food Empire Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.82 0.00 1.02 0.36

SGX:F03 vs KO, PEP, MNST: Dividend Payout Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Food Empire Holdings'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.


Food Empire Holdings Dividend Payout Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Food Empire Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Food Empire Holdings's Dividend Payout Ratio falls into.


SGX:F03
85GF Score
Food Empire Holdings Ltd SGX:F03
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Food Empire Holdings 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.

Food Empire Holdings'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 )
=0.074/ 0.126
=0.59

Food Empire Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.025/ 0.069
=0.36

* 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 0.36 mean?
Food Empire Holdings (SGX:F03) has a Dividend Payout Ratio of 0.36 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Food Empire Holdings and its competitors. This is 157% above median its historical median of 0.14. Over the past decade, Food Empire Holdings' Dividend Payout Ratio has ranged from 0.11 to 0.63. According to the industry distribution chart, Food Empire Holdings ranks #49 out of 68 companies in the Beverages - Non-Alcoholic industry, placing it in the top 72.1%.
Is Food Empire Holdings' Dividend Payout Ratio too high?
Food Empire Holdings' current Dividend Payout Ratio of 0.36 is 157% above median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.63. The Beverages - Non-Alcoholic industry median Dividend Payout Ratio is 0.43. Food Empire Holdings' value of 0.36 is 16.3% below this industry median. Based on the distribution chart, Food Empire Holdings ranks #49 out of 68 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Food Empire Holdings has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Food Empire Holdings' Dividend Payout Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Food Empire Holdings ranks #49 out of 68 companies for Dividend Payout Ratio. This places Food Empire Holdings in the lower half of its industry. The industry median Dividend Payout Ratio is 0.43. Food Empire Holdings' value of 0.36 is 16.3% below this benchmark. Historically, Food Empire Holdings' own Dividend Payout Ratio has ranged from 0.11 to 0.63 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.43, Food Empire Holdings 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 Beverages - Non-Alcoholic company?
The median Dividend Payout Ratio among Beverages - Non-Alcoholic companies is 0.43, based on 68 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. Food Empire Holdings's current Dividend Payout Ratio of 0.36 is 16.3% 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 Food Empire Holdings and its competitors. For the Beverages - Non-Alcoholic 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. Food Empire Holdings's current Dividend Payout Ratio is 0.36, which is 157% above median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Food Empire Holdings stock overvalued right now?
Based on GuruFocus' analysis, Food Empire Holdings (SGX:F03) is currently considered Significantly Overvalued. The stock's GF Value™ is S$1.18, compared to a current price of S$2.28 — trading 93.2% above its estimated fair value. The current Dividend Payout Ratio is 0.36, which is 157% above median its 10-year median of 0.14 and 16.3% below the Beverages - Non-Alcoholic industry median of 0.43. Food Empire Holdings' overall GF Score™ is 85/100 with 3 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 Food Empire Holdings (SGX:F03), the current Dividend Payout Ratio is 0.36 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 Food Empire Holdings (SGX:F03) Overvalued in 2026?

Based on GuruFocus' analysis, Food Empire Holdings stock appears to be overvalued. The current stock price of S$2.28 is trading 93.2% above its estimated GF Value™ of S$1.18. GuruFocus considers Food Empire Holdings to be Significantly Overvalued.

Key valuation signals for SGX:F03:

  • Dividend Payout Ratio: 0.36 (157% above median its 10-year median of 0.14)
  • GF Value™: S$1.18 vs. price of S$2.28 (93.2% above fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 16.3% below the Beverages - Non-Alcoholic median (#49 of 68)

No single metric tells the full story. See the SGX:F03 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Food Empire Holdings Business Description

Address 7 Tampines Grande, No. 03-01, Asia Green, Singapore, SGP, 528736
Food Empire Holdings Ltd is principally an investment holding company. Along with its subsidiaries, it operates as a multinational food and beverage manufacturing and distribution group. The company's primary business is instant coffee beverages, which are retailed under its flagship MacCoffee and CafePHO brands. It offers a range of other beverages such as tea and hot chocolate under its family of proprietary brands including Petrovskaya Sloboda, Klassno and Hillway. The Group is also involved in the snack manufacturing and distribution business under its Kracks brand. The company is organised into six reportable segments based on geographical locations, namely Russia, South-East Asia, Central Asia, South Asia, Europe, and Others. The majority of revenue is derived from Russia.
85GF Score

Get the complete analysis for SGX:F03

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

S$2.28
Price
S$1.18
GF Value