SPAEF (Space Co) Dividend Payout Ratio: 0.86 (As of Dec. 2025) — 56% Above Median


SPAEF Space Co Ltd SPAEF
64 GF Score
Price $9.28
GF Value $9.54
Valuation Fairly Valued
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What is Space Co Dividend Payout Ratio?

Space Co SPAEF -0.22% 64 Dividend Payout Ratio is 0.86 as of Dec. 2025, which is 56% above its 10-year median of 0.55. GuruFocus rates SPAEF with a GF Score™ of 64/100 and a GF Value™ of $9.54 (Fairly Valued). Among 859 Construction companies, Space Co ranks worse than 79.63% 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. Space Co's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.86.

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

SPAEF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.55   Max: 0.87
Current: 0.68

During the past 13 years, the highest Dividend Payout Ratio of Space Co was 0.87. The lowest was 0.46. And the median was 0.55.

SPAEF's Dividend Payout Ratio is ranked worse than
79.63% of 859 companies
in the Construction industry
Industry Median: 0.39 vs SPAEF: 0.68

As of today (2026-06-24), the Dividend Yield % of Space Co is 4.88%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Space Co was 6.36%. The lowest was 2.78%. And the median was 3.94%.

Space Co's Dividends per Share for the months ended in Dec. 2025 was $0.28.

During the past 12 months, Space Co's average Dividends Per Share Growth Rate was 40.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Space Co was 27.90% per year. The lowest was -12.60% per year. And the median was 8.40% 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.

Space Co (OTCPK:SPAEF) 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.

Space Co Dividend Payout Ratio Related Terms

Space Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Space 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.

Space Co Dividend Payout Ratio Chart

Space 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 0.00 0.64 0.55 0.48 0.47

Space Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.01 0.00 0.86 0.00

SPAEF vs PWR, FIX, EME: Dividend Payout Ratio Comparison

For the Engineering & Construction subindustry, Space 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.

Space Co Dividend Payout Ratio vs Construction Industry

For the Construction industry and Industrials sector, Space Co's Dividend Payout Ratio distribution charts can be found below:

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


SPAEF
64GF Score
Space Co Ltd SPAEF
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Space 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.

Space 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 )
=0.449/ 0.952
=0.47

Space Co'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 )
=0.276/ 0.32
=0.86

* 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 0.86 mean?
Space Co (SPAEF) has a Dividend Payout Ratio of 0.86 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Space Co and its competitors. This is 56% above median its historical median of 0.55. Over the past decade, Space Co's Dividend Payout Ratio has ranged from 0.46 to 0.87. According to the industry distribution chart, Space Co ranks #684 out of 859 companies in the Construction industry, placing it in the top 79.6%.
Is Space Co's Dividend Payout Ratio too high?
Space Co's current Dividend Payout Ratio of 0.86 is 56% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.87. The Construction industry median Dividend Payout Ratio is 0.39. Space Co's value of 0.86 is 120.5% above this industry median. Based on the distribution chart, Space Co ranks #684 out of 859 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Space Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Space Co's Dividend Payout Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Space Co ranks #684 out of 859 companies for Dividend Payout Ratio. This places Space Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.39. Space Co's value of 0.86 is 120.5% above this benchmark. Historically, Space Co's own Dividend Payout Ratio has ranged from 0.46 to 0.87 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.39, Space Co 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 Construction company?
The median Dividend Payout Ratio among Construction companies is 0.39, based on 859 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. Space Co's current Dividend Payout Ratio of 0.86 is 120.5% 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 Space Co and its competitors. For the Construction 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. Space Co's current Dividend Payout Ratio is 0.86, which is 56% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Co stock overvalued right now?
Based on GuruFocus' analysis, Space Co (SPAEF) is currently considered Fairly Valued. The stock's GF Value™ is $9.54, compared to a current price of $9.28 — trading 2.7% below its estimated fair value. The current Dividend Payout Ratio is 0.86, which is 56% above median its 10-year median of 0.55 and 120.5% above the Construction industry median of 0.39. Space Co's overall GF Score™ is 64/100. 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 Space Co (SPAEF), the current Dividend Payout Ratio is 0.86 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 Space Co (SPAEF) Overvalued in 2026?

Based on GuruFocus' analysis, Space Co stock appears to be undervalued. The current stock price of $9.28 is trading 2.7% below its estimated GF Value™ of $9.54. GuruFocus considers Space Co to be Fairly Valued.

Key valuation signals for SPAEF:

  • Dividend Payout Ratio: 0.86 (56% above median its 10-year median of 0.55)
  • GF Value™: $9.54 vs. price of $9.28 (2.7% below fair value)
  • GF Score™: 64/100
  • Industry Position: 120.5% above the Construction median (#684 of 859)

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

Space Co Business Description

Other Exchanges 9622:Japan
Address 3-9-4 Nihonbashi, Ningyo-cho, Tokyo, JPN, 103-0013
Space Co Ltd is engaged in the planning and design, supervision and construction of commercial facilities, including shopping centres, department stores, speciality stores, restaurants, and cafes. In addition, the company is also involved in the planning, design, production, sales and import and export of display equipment and fixtures, indoor and outdoor decorative items.
64GF Score

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

$9.28
Price
$9.54
GF Value