TMRAY (Tomra Systems ASA) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

What is Tomra Systems ASA Dividend Payout Ratio?

Tomra Systems ASA TMRAY +2.52% 86 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates TMRAY with a GF Score™ of 86/100 and a GF Value™ of $16.08 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 100 Waste Management companies, Tomra Systems ASA ranks worse than 69% 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. Tomra Systems ASA's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

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

TMRAY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.49 Max: 0.76
Current: 0.65

During the past 13 years, the highest Dividend Payout Ratio of Tomra Systems ASA was 0.76. The lowest was 0.36. And the median was 0.49.

TMRAY's Dividend Payout Ratio is ranked worse than
69% of 100 companies
in the Waste Management industry
Industry Median: 0.385 vs TMRAY: 0.65

As of today (2026-06-24), the Dividend Yield % of Tomra Systems ASA is 2.37%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tomra Systems ASA was 2.42%. The lowest was 0.49%. And the median was 1.19%.

Tomra Systems ASA's Dividends per Share for the months ended in Mar. 2026 was $0.00.

During the past 12 months, Tomra Systems ASA's average Dividends Per Share Growth Rate was 11.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tomra Systems ASA was 35.40% per year. The lowest was 3.70% per year. And the median was 11.30% 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.

Tomra Systems ASA (OTCPK:TMRAY) 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.

Tomra Systems ASA Dividend Payout Ratio Related Terms

Tomra Systems ASA Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Tomra Systems ASA'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.

Tomra Systems ASA Dividend Payout Ratio Chart

Tomra Systems ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.40

0.90

0.77

0.52

0.58

Tomra Systems ASA 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															0.00	2.04	0.00	0.00	0.00

TMRAY vs WM, RSG, WCN: Dividend Payout Ratio Comparison

For the Waste Management subindustry, Tomra Systems ASA'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.

Tomra Systems ASA Dividend Payout Ratio vs Waste Management Industry

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

* The bar in red indicates where Tomra Systems ASA's Dividend Payout Ratio falls into.

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86GF Score

Tomra Systems ASA TMRAY

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

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Tomra Systems ASA Dividend Payout Ratio Calculation

Tomra Systems ASA'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 )
	=	0.215	/	0.37
	=	0.58

Tomra Systems ASA'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 )
	=	0	/	-0.012
	=	N/A

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.00 mean?

Tomra Systems ASA (TMRAY) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tomra Systems ASA and its competitors. Over the past decade, Tomra Systems ASA's Dividend Payout Ratio has ranged from 0.36 to 0.76. According to the industry distribution chart, Tomra Systems ASA ranks #69 out of 100 companies in the Waste Management industry, placing it in the top 69%.

Is Tomra Systems ASA's Dividend Payout Ratio too high?

Tomra Systems ASA's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.76. Based on the distribution chart, Tomra Systems ASA ranks #69 out of 100 companies in the Waste Management industry, which is below the industry midpoint. Overall, Tomra Systems ASA has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Tomra Systems ASA's Dividend Payout Ratio compare to WM and RSG?

According to the Waste Management industry distribution chart, Tomra Systems ASA ranks #69 out of 100 companies for Dividend Payout Ratio. This places Tomra Systems ASA in the lower half of its industry. The industry median Dividend Payout Ratio is 0.39. Historically, Tomra Systems ASA's own Dividend Payout Ratio has ranged from 0.36 to 0.76 over the past decade. 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 0.39, based on 100 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. 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 Tomra Systems ASA and its competitors. For the Waste Management 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. Tomra Systems ASA's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tomra Systems ASA stock overvalued right now?

Based on GuruFocus' analysis, Tomra Systems ASA (TMRAY) is currently considered Significantly Undervalued. The stock's GF Value™ is $16.08, compared to a current price of $9.78 — trading 39.2% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Tomra Systems ASA's overall GF Score™ is 86/100 with 4 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 Tomra Systems ASA (TMRAY), the current Dividend Payout Ratio is 0.00 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 Tomra Systems ASA (TMRAY) Overvalued in 2026?

Based on GuruFocus' analysis, Tomra Systems ASA stock appears to be undervalued. The current stock price of $9.78 is trading 39.2% below its estimated GF Value™ of $16.08. GuruFocus considers Tomra Systems ASA to be Significantly Undervalued.

Key valuation signals for TMRAY:

Dividend Payout Ratio: 0.00
GF Value™: $16.08 vs. price of $9.78 (39.2% below fair value)
GF Score™: 86/100 with 4 warning signs

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

Tomra Systems ASA Business Description

Industry Industrials Waste Management

Comparable Companies OSL:AGLX OSL:STECH OSL:PRYME WM RSG WCN XPAR:VIE CLH GFL XBRU:UMI XMAD:FCC SZSE:002340 CWST SHSE:603568 HKSE:00257 ASX:CWY TSX:SES XTAE:VRDS SHSE:603588 SZSE:300779

Other Exchanges TMRAF:USA TOMo:Sweden TOM:Norway TOMo:UK 0KV7:UK TMRA:Germany

Address Drengsrudhagen 2, Asker, NOR, 1385

Website https://www.tomra.com

Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in packaging, collection, compaction, recycling, ore sorting, and food production. It provides reverse vending machines, sensor-based sorting machines integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, TOMRA Horizon, and TOMRA Food. Geographically, the company generates maximum revenue from Europe region followed by America, Asia, and Oceania.

86GF Score

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$9.78

Price

$16.08

GF Value

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