Tomoe (SSE:1921) Dividend Payout Ratio: 0.30 (As of Mar. 2026) — 100% Above Median

Author:

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.

View Profile →

Reviewed by:

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.

View Profile →

What is Tomoe Dividend Payout Ratio?

Tomoe SSE:1921 66 Dividend Payout Ratio is 0.30 as of Mar. 2026, which is 100% above its 10-year median of 0.15. GuruFocus rates SSE:1921 with a GF Score™ of 66/100 and a GF Value™ of 円1,293.76. The stock has 5 warning signs investors should review. Among 859 Construction companies, Tomoe ranks better than 77.42% 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. Tomoe's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.30.

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

SSE:1921' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.15 Max: 0.23
Current: 0.22

During the past 13 years, the highest Dividend Payout Ratio of Tomoe was 0.23. The lowest was 0.09. And the median was 0.15.

SSE:1921's Dividend Payout Ratio is ranked better than
77.42% of 859 companies
in the Construction industry
Industry Median: 0.39 vs SSE:1921: 0.22

As of today (2026-07-18), the Dividend Yield % of Tomoe is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tomoe was 3.52%. The lowest was 0.71%. And the median was 1.60%.

Tomoe's Dividends per Share for the months ended in Mar. 2026 was 円24.00.

During the past 12 months, Tomoe's average Dividends Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tomoe was 38.70% per year. The lowest was 0.00% 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.

Tomoe (SSE:1921) 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.

Tomoe Dividend Payout Ratio Related Terms

Tomoe Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Tomoe'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.

Tomoe Dividend Payout Ratio Chart

Tomoe Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

Get a 7-Day Free Trial

0.17

0.23

0.15

0.21

Tomoe Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.45	0.00	0.42	0.00	0.30

SSE:1921 vs PWR, FIX, EME: Dividend Payout Ratio Comparison

For the Engineering & Construction subindustry, Tomoe'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.

Tomoe Dividend Payout Ratio vs Construction Industry

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

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

Save Embed

66GF Score

Tomoe Corp SSE:1921

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Tomoe Dividend Payout Ratio Calculation

Tomoe's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2026 )	/	EPS without NRI (A: Mar. 2026 )
	=	24	/	111.993
	=	0.21

Tomoe's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	24	/	80.099
	=	0.30

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.30 mean?

Tomoe (SSE:1921) has a Dividend Payout Ratio of 0.30 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tomoe and its competitors. This is 100% above median its historical median of 0.15. Over the past decade, Tomoe's Dividend Payout Ratio has ranged from 0.09 to 0.23. According to the industry distribution chart, Tomoe ranks #194 out of 859 companies in the Construction industry, placing it in the top 22.6%.

Is Tomoe's Dividend Payout Ratio too high?

Tomoe's current Dividend Payout Ratio of 0.30 is 100% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.23. The Construction industry median Dividend Payout Ratio is 0.39. Tomoe's value of 0.30 is 23.1% below this industry median. Based on the distribution chart, Tomoe ranks #194 out of 859 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Tomoe has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.

How does Tomoe's Dividend Payout Ratio compare to PWR and FIX?

According to the Construction industry distribution chart, Tomoe ranks #194 out of 859 companies for Dividend Payout Ratio. This places Tomoe in the top 23% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.39. Tomoe's value of 0.30 is 23.1% below this benchmark. Historically, Tomoe's own Dividend Payout Ratio has ranged from 0.09 to 0.23 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 0.39, Tomoe 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 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. Tomoe's current Dividend Payout Ratio of 0.30 is 23.1% 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 Tomoe 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. Tomoe's current Dividend Payout Ratio is 0.30, which is 100% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tomoe stock overvalued right now?

Tomoe (SSE:1921) has a current Dividend Payout Ratio of 0.30. The stock's GF Value™ is 円1,293.76, compared to a current price of 円2,024.00 — trading 56.4% above its estimated fair value. The current Dividend Payout Ratio is 0.30, which is 100% above median its 10-year median of 0.15 and 23.1% below the Construction industry median of 0.39. Tomoe's overall GF Score™ is 66/100 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 Tomoe (SSE:1921), the current Dividend Payout Ratio is 0.30 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 Tomoe (SSE:1921) Overvalued in 2026?

Based on GuruFocus' analysis, Tomoe stock appears to be overvalued. The current stock price of 円2,024.00 is trading 56.4% above its estimated GF Value™ of 円1,293.76.

Key valuation signals for SSE:1921:

Dividend Payout Ratio: 0.30 (100% above median its 10-year median of 0.15)
GF Value™: 円1,293.76 vs. price of 円2,024.00 (56.4% above fair value)
GF Score™: 66/100 with 5 warning signs
Industry Position: 23.1% below the Construction median (#194 of 859)

No single metric tells the full story. See the SSE:1921 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tomoe Business Description

Industry Industrials Construction

Comparable Companies TSE:1811 TSE:1799 TSE:5011 TSE:1898 TSE:1822 TSE:1815 TSE:1793 TSE:1899 TSE:9755 TSE:1930 PWR XPAR:DG FIX NSE:LT XKRX:028260 XAMS:FER XTER:HOT XMAD:ACS EME MTZ

Other Exchanges 1921:Japan

Address 4-6-2 Kachidoki, Chuo- ku, Tokyo, JPN, 104-0054

Website https://www.tomoe-corporation.co.jp

Tomoe Corp is engaged in the construction, steel structure, and real estate businesses in Japan. It is engaged in the design, manufacture, construction of three-dimensional structures, bridges, steel frames, steel towers, and planning, design, construction of general construction work. In Real estate business it is engaged in the real estate sales, management, leasing, and mediation of these. Its segment include: Steel Construction Business; and Real Estate Business.

66GF Score

Get the complete analysis for SSE:1921

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

円2,024.00

Price

円1,293.76

GF Value

View SSE:1921 Analysis

See Dividend Payout Ratio data for all stocks →