Headway Advanced Material Co (TPE:1776) Dividend Payout Ratio: 0.00 (As of Dec. 2025)


TPE:1776 Headway Advanced Material Co Ltd TPE:1776
70 GF Score
Price NT$19.85
GF Value NT$15.69
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Headway Advanced Material Co Dividend Payout Ratio?

Headway Advanced Material Co TPE:1776 -1.49% 70 Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus rates TPE:1776 with a GF Score™ of 70/100 and a GF Value™ of NT$15.69 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 907 Chemicals companies, Headway Advanced Material Co ranks worse than 97.02% 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. Headway Advanced Material Co's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Headway Advanced Material Co Ltd is 3.14, which seems too high.

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

TPE:1776' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.06   Max: 5.74
Current: 3.14

During the past 13 years, the highest Dividend Payout Ratio of Headway Advanced Material Co was 5.74. The lowest was 0.49. And the median was 1.06.

TPE:1776's Dividend Payout Ratio is ranked worse than
97.02% of 907 companies
in the Chemicals industry
Industry Median: 0.36 vs TPE:1776: 3.14

As of today (2026-07-08), the Dividend Yield % of Headway Advanced Material Co is 2.98%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Headway Advanced Material Co was 13.28%. The lowest was 2.29%. And the median was 6.99%.

Headway Advanced Material Co's Dividends per Share for the months ended in Dec. 2025 was NT$0.00.

During the past 12 months, Headway Advanced Material Co's average Dividends Per Share Growth Rate was 60.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -23.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -9.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -6.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Headway Advanced Material Co was 34.00% per year. The lowest was -24.90% per year. And the median was -4.50% 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.

Headway Advanced Material Co (TPE:1776) 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.

Headway Advanced Material Co Dividend Payout Ratio Related Terms

Headway Advanced Material Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Headway Advanced Material 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.

Headway Advanced Material Co Dividend Payout Ratio Chart

Headway Advanced Material 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 2.31 5.52 5.74 0.49 2.84

Headway Advanced Material Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.00 0.00 0.00 0.00

TPE:1776 vs DOW: Dividend Payout Ratio Comparison

For the Chemicals subindustry, Headway Advanced Material 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.

Headway Advanced Material Co Dividend Payout Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Headway Advanced Material Co's Dividend Payout Ratio distribution charts can be found below:

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


TPE:1776
70GF Score
Headway Advanced Material Co Ltd TPE:1776
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Headway Advanced Material 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.

Headway Advanced Material 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 )
=0.8/ 0.282
=2.84

Headway Advanced Material 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/ 0.158
=0.00

* 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 0.00 mean?
Headway Advanced Material Co (TPE:1776) has a Dividend Payout Ratio of 0.00 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Headway Advanced Material Co and its competitors. Over the past decade, Headway Advanced Material Co's Dividend Payout Ratio has ranged from 0.49 to 5.74. According to the industry distribution chart, Headway Advanced Material Co ranks #880 out of 907 companies in the Chemicals industry, placing it in the top 97%.
Is Headway Advanced Material Co's Dividend Payout Ratio too high?
Headway Advanced Material Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 5.74. Based on the distribution chart, Headway Advanced Material Co ranks #880 out of 907 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Headway Advanced Material Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Headway Advanced Material Co's Dividend Payout Ratio compare to DOW?
According to the Chemicals industry distribution chart, Headway Advanced Material Co ranks #880 out of 907 companies for Dividend Payout Ratio. This places Headway Advanced Material Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. Historically, Headway Advanced Material Co's own Dividend Payout Ratio has ranged from 0.49 to 5.74 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 Chemicals company?
The median Dividend Payout Ratio among Chemicals companies is 0.36, based on 907 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 Headway Advanced Material Co and its competitors. For the Chemicals industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Headway Advanced Material Co'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 Headway Advanced Material Co stock overvalued right now?
Based on GuruFocus' analysis, Headway Advanced Material Co (TPE:1776) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$15.69, compared to a current price of NT$19.85 — trading 26.5% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Headway Advanced Material Co's overall GF Score™ is 70/100 with 10 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 Headway Advanced Material Co (TPE:1776), the current Dividend Payout Ratio is 0.00 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 Headway Advanced Material Co (TPE:1776) Overvalued in 2026?

Based on GuruFocus' analysis, Headway Advanced Material Co stock appears to be overvalued. The current stock price of NT$19.85 is trading 26.5% above its estimated GF Value™ of NT$15.69. GuruFocus considers Headway Advanced Material Co to be Modestly Overvalued.

Key valuation signals for TPE:1776:

  • Dividend Payout Ratio: 0.00
  • GF Value™: NT$15.69 vs. price of NT$19.85 (26.5% above fair value)
  • GF Score™: 70/100 with 10 warning signs

No single metric tells the full story. See the TPE:1776 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Headway Advanced Material Co Business Description

Address No. 71, Guangfu Road, Hsinchu Industrial Park, Hukou Township, Hsinchu, TWN, 303
Headway Advanced Material Co Ltd is engaged in business including the manufacture, processing, and sale of polyurethane curing agents, processing agents, coatings, resins for coatings, adhesives, flatting agents, and related raw materials. Geographically, the company generates revenue from Taiwan, Mainland China, and Vietnam, out of which the majority of revenue is generated from Taiwan. The company generates the majority of its revenue from the sale of PU resin.
70GF Score

Get the complete analysis for TPE:1776

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

NT$19.85
Price
NT$15.69
GF Value