Sincere Navigation (TPE:2605) Dividend Payout Ratio: 0.00 (As of Dec. 2025)

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TPE:2605 Sincere Navigation Corp TPE:2605
84 GF Score
Price NT$31.65
GF Value NT$28.06
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Sincere Navigation Dividend Payout Ratio?

Sincere Navigation TPE:2605 +4.98% 84 Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus rates TPE:2605 with a GF Score™ of 84/100 and a GF Value™ of NT$28.06 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 563 Transportation companies, Sincere Navigation ranks worse than 83.66% 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. Sincere Navigation'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 Sincere Navigation Corp is 0.91, which seems too high.

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

TPE:2605' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.85   Max: 5.62
Current: 0.91

During the past 13 years, the highest Dividend Payout Ratio of Sincere Navigation was 5.62. The lowest was 0.40. And the median was 0.85.

TPE:2605's Dividend Payout Ratio is ranked worse than
83.66% of 563 companies
in the Transportation industry
Industry Median: 0.45 vs TPE:2605: 0.91

As of today (2026-07-16), the Dividend Yield % of Sincere Navigation is 3.16%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Sincere Navigation was 7.96%. The lowest was 0.93%. And the median was 3.27%.

Sincere Navigation's Dividends per Share for the months ended in Dec. 2025 was NT$0.00.

During the past 12 months, Sincere Navigation's average Dividends Per Share Growth Rate was 73.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 16.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sincere Navigation was 71.00% per year. The lowest was -40.90% per year. And the median was -9.70% 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.

Sincere Navigation (TPE:2605) 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.

Sincere Navigation Dividend Payout Ratio Related Terms

Sincere Navigation Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Sincere Navigation'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.

Sincere Navigation Dividend Payout Ratio Chart

Sincere Navigation 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 0.47 5.62 0.73 0.40 0.91

Sincere Navigation 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 4.83 0.00

Sincere Navigation Dividend Payout Ratio Competitor Comparison

For the Marine Shipping subindustry, Sincere Navigation'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.

Sincere Navigation Dividend Payout Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Sincere Navigation's Dividend Payout Ratio distribution charts can be found below:

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


TPE:2605
84GF Score
Sincere Navigation Corp TPE:2605
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sincere Navigation 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.

Sincere Navigation'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 )
=1.3/ 1.435
=0.91

Sincere Navigation'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/ 0.957
=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?
Sincere Navigation (TPE:2605) 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 Sincere Navigation and its competitors. Over the past decade, Sincere Navigation's Dividend Payout Ratio has ranged from 0.40 to 5.62. According to the industry distribution chart, Sincere Navigation ranks #471 out of 563 companies in the Transportation industry, placing it in the top 83.7%.
Is Sincere Navigation's Dividend Payout Ratio too high?
Sincere Navigation's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 5.62. Based on the distribution chart, Sincere Navigation ranks #471 out of 563 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Sincere Navigation has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sincere Navigation's Dividend Payout Ratio compare to competitors?
According to the Transportation industry distribution chart, Sincere Navigation ranks #471 out of 563 companies for Dividend Payout Ratio. This places Sincere Navigation in the lower half of its industry. The industry median Dividend Payout Ratio is 0.45. Historically, Sincere Navigation's own Dividend Payout Ratio has ranged from 0.40 to 5.62 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 Transportation company?
The median Dividend Payout Ratio among Transportation companies is 0.45, based on 563 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 Sincere Navigation and its competitors. For the Transportation industry, the median Dividend Payout Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sincere Navigation'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 Sincere Navigation stock overvalued right now?
Based on GuruFocus' analysis, Sincere Navigation (TPE:2605) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$28.06, compared to a current price of NT$31.65 — trading 12.8% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Sincere Navigation's overall GF Score™ is 84/100 with 7 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 Sincere Navigation (TPE:2605), 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 Sincere Navigation (TPE:2605) Overvalued in 2026?

Based on GuruFocus' analysis, Sincere Navigation stock appears to be overvalued. The current stock price of NT$31.65 is trading 12.8% above its estimated GF Value™ of NT$28.06. GuruFocus considers Sincere Navigation to be Modestly Overvalued.

Key valuation signals for TPE:2605:

  • Dividend Payout Ratio: 0.00
  • GF Value™: NT$28.06 vs. price of NT$31.65 (12.8% above fair value)
  • GF Score™: 84/100 with 7 warning signs

No single metric tells the full story. See the TPE:2605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sincere Navigation Business Description

Address Fuxing South Road, 14th Floor, No. 368, Section 1, Taipei, TWN, 10656
Sincere Navigation Corp is a bulk shipping transportation company in Taiwan. The company's main business line is to provide an integrated shipping solution. It provides a consistent, high-quality transportation service to customers around the world in key industries such as coal and iron ore mining, steel, energy, and paper. It provides tug and barge services. Its segment includes the Bulk carrier and Oil tanker segments. It derives the majority of the revenue from the Bulk carrier segment.
84GF Score

Get the complete analysis for TPE:2605

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

NT$31.65
Price
NT$28.06
GF Value