Ares International (TPE:2471) Dividend Payout Ratio: 2.36 (As of Sep. 2025) — 211% 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.

TPE:2471 Ares International Corp TPE:2471
96 GF Score
Price NT$52.70
GF Value NT$62.99
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ares International Dividend Payout Ratio?

Ares International TPE:2471 +1.15% 96 Dividend Payout Ratio is 2.36 as of Sep. 2025, which is 211% above its 10-year median of 0.76. GuruFocus rates TPE:2471 with a GF Score™ of 96/100 and a GF Value™ of NT$62.99 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 872 Software companies, Ares International ranks worse than 86.35% 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. Ares International's Dividend Payout Ratio for the months ended in Sep. 2025 was 2.36.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ares International Corp is 0.95, which seems too high.

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

TPE:2471' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.76   Max: 1.94
Current: 0.95

During the past 13 years, the highest Dividend Payout Ratio of Ares International was 1.94. The lowest was 0.59. And the median was 0.76.

TPE:2471's Dividend Payout Ratio is ranked worse than
86.35% of 872 companies
in the Software industry
Industry Median: 0.41 vs TPE:2471: 0.95

As of today (2026-07-15), the Dividend Yield % of Ares International is 5.87%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ares International was 9.34%. The lowest was 3.38%. And the median was 5.95%.

Ares International's Dividends per Share for the months ended in Sep. 2025 was NT$3.06.

During the past 12 months, Ares International's average Dividends Per Share Growth Rate was -6.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 29.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ares International was 29.90% per year. The lowest was -11.50% per year. And the median was 2.50% 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.

Ares International (TPE:2471) 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.

Ares International Dividend Payout Ratio Related Terms

Ares International Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Ares International'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.

Ares International Dividend Payout Ratio Chart

Ares International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.62 0.73 0.80 0.97

Ares International Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 4.44 0.00 0.00 0.00 2.36

TPE:2471 vs IBM, ACN, FISV: Dividend Payout Ratio Comparison

For the Information Technology Services subindustry, Ares International'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.

Ares International Dividend Payout Ratio vs Software Industry

For the Software industry and Technology sector, Ares International's Dividend Payout Ratio distribution charts can be found below:

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


TPE:2471
96GF Score
Ares International Corp TPE:2471
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ares International 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.

Ares International's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2024 )/ EPS without NRI (A: Dec. 2024 )
=3.287/ 3.374
=0.97

Ares International's Dividend Payout Ratio for the quarter that ended in Sep. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2025 )/ EPS without NRI (Q: Sep. 2025 )
=3.059/ 1.299
=2.35

* 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 2.36 mean?
Ares International (TPE:2471) has a Dividend Payout Ratio of 2.36 as of Sep. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ares International and its competitors. This is 211% above median its historical median of 0.76. Over the past decade, Ares International's Dividend Payout Ratio has ranged from 0.59 to 1.94. According to the industry distribution chart, Ares International ranks #753 out of 872 companies in the Software industry, placing it in the top 86.4%.
Is Ares International's Dividend Payout Ratio too high?
Ares International's current Dividend Payout Ratio of 2.36 is 211% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.94. The Software industry median Dividend Payout Ratio is 0.41. Ares International's value of 2.36 is 475.6% above this industry median. Based on the distribution chart, Ares International ranks #753 out of 872 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Ares International has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ares International's Dividend Payout Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Ares International ranks #753 out of 872 companies for Dividend Payout Ratio. This places Ares International in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. Ares International's value of 2.36 is 475.6% above this benchmark. Historically, Ares International's own Dividend Payout Ratio has ranged from 0.59 to 1.94 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.41, Ares International 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 Software company?
The median Dividend Payout Ratio among Software companies is 0.41, based on 872 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. Ares International's current Dividend Payout Ratio of 2.36 is 475.6% 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 Ares International and its competitors. For the Software industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ares International's current Dividend Payout Ratio is 2.36, which is 211% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares International stock overvalued right now?
Based on GuruFocus' analysis, Ares International (TPE:2471) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$62.99, compared to a current price of NT$52.70 — trading 16.3% below its estimated fair value. The current Dividend Payout Ratio is 2.36, which is 211% above median its 10-year median of 0.76 and 475.6% above the Software industry median of 0.41. Ares International's overall GF Score™ is 96/100 with 2 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 Ares International (TPE:2471), the current Dividend Payout Ratio is 2.36 as of Sep. 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 Ares International (TPE:2471) Overvalued in 2026?

Based on GuruFocus' analysis, Ares International stock appears to be undervalued. The current stock price of NT$52.70 is trading 16.3% below its estimated GF Value™ of NT$62.99. GuruFocus considers Ares International to be Modestly Undervalued.

Key valuation signals for TPE:2471:

  • Dividend Payout Ratio: 2.36 (211% above median its 10-year median of 0.76)
  • GF Value™: NT$62.99 vs. price of NT$52.70 (16.3% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 475.6% above the Software median (#753 of 872)

No single metric tells the full story. See the TPE:2471 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ares International Business Description

Address Zhongshan North Road, 3rd Floor, No. 111, Section 2, Zhongshan District, Taipei, TWN, 104
Ares International Corp is a Taiwan-based company. The company is engaged in the design, sales, lease, maintenance, and technology consultation of computer equipment, internet, and related software, and analysis, design, modification, installation, and maintenance of application software. Its reporting segments include the Commercial segment, Financial business segment, and Project segment. The geographical regions in which the company operates are Asia, Taiwan, America, and Others.
96GF Score

Get the complete analysis for TPE:2471

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

NT$52.70
Price
NT$62.99
GF Value