First Hotel Co (TPE:2706) Dividend Payout Ratio: 0.00 (As of Dec. 2025)


TPE:2706 First Hotel Co Ltd TPE:2706
85 GF Score
Price NT$12.55
GF Value NT$17.26
Valuation Modestly Undervalued
! 1 Warning Sign
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What is First Hotel Co Dividend Payout Ratio?

First Hotel Co TPE:2706 85 Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus rates TPE:2706 with a GF Score™ of 85/100 and a GF Value™ of NT$17.26 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 699 Real Estate companies, First Hotel Co ranks worse than 64.52% 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. First Hotel Co's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.00.

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

TPE:2706' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.48   Max: 1.41
Current: 0.55


During the past 13 years, the highest Dividend Payout Ratio of First Hotel Co was 1.41. The lowest was 0.14. And the median was 0.48.

TPE:2706's Dividend Payout Ratio is ranked worse than
64.52% of 699 companies
in the Real Estate industry
Industry Median: 0.4 vs TPE:2706: 0.55

As of today (2026-07-13), the Dividend Yield % of First Hotel Co is 2.79%.

During the past 13 years, the highest Trailing Annual Dividend Yield of First Hotel Co was 3.81%. The lowest was 0.75%. And the median was 1.95%.

First Hotel Co's Dividends per Share for the months ended in Dec. 2025 was NT$0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 35.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Hotel Co was 43.90% per year. The lowest was -32.20% per year. And the median was 18.20% 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.


First Hotel Co (TPE:2706) 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.


First Hotel Co Dividend Payout Ratio Related Terms


First Hotel Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for First Hotel 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.

First Hotel Co Dividend Payout Ratio Chart

First Hotel 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 0.94 0.23 0.58 0.63 0.54

First Hotel 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 1.52 0.00

TPE:2706 vs CBRE, BEKE, JLL: Dividend Payout Ratio Comparison

For the Real Estate Services subindustry, First Hotel 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.


First Hotel Co Dividend Payout Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, First Hotel Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Hotel Co's Dividend Payout Ratio falls into.


TPE:2706
85GF Score
First Hotel Co Ltd TPE:2706
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Hotel 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.

First Hotel 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 )
=0.35/ 0.65
=0.54

First Hotel 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/ 0.09
=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?
First Hotel Co (TPE:2706) 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 First Hotel Co and its competitors. Over the past decade, First Hotel Co's Dividend Payout Ratio has ranged from 0.14 to 1.41. According to the industry distribution chart, First Hotel Co ranks #451 out of 699 companies in the Real Estate industry, placing it in the top 64.5%.
Is First Hotel Co's Dividend Payout Ratio too high?
First Hotel Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.41. Based on the distribution chart, First Hotel Co ranks #451 out of 699 companies in the Real Estate industry, which is below the industry midpoint. Overall, First Hotel Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Hotel Co's Dividend Payout Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, First Hotel Co ranks #451 out of 699 companies for Dividend Payout Ratio. This places First Hotel Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.40. Historically, First Hotel Co's own Dividend Payout Ratio has ranged from 0.14 to 1.41 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 Real Estate company?
The median Dividend Payout Ratio among Real Estate companies is 0.40, based on 699 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 First Hotel Co and its competitors. For the Real Estate industry, the median Dividend Payout Ratio is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Hotel 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 First Hotel Co stock overvalued right now?
Based on GuruFocus' analysis, First Hotel Co (TPE:2706) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.26, compared to a current price of NT$12.55 — trading 27.3% below its estimated fair value. The current Dividend Payout Ratio is 0.00. First Hotel Co's overall GF Score™ is 85/100 with 1 warning sign 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 First Hotel Co (TPE:2706), 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 First Hotel Co (TPE:2706) Overvalued in 2026?

Based on GuruFocus' analysis, First Hotel Co stock appears to be undervalued. The current stock price of NT$12.55 is trading 27.3% below its estimated GF Value™ of NT$17.26. GuruFocus considers First Hotel Co to be Modestly Undervalued.

Key valuation signals for TPE:2706:

  • Dividend Payout Ratio: 0.00
  • GF Value™: NT$17.26 vs. price of NT$12.55 (27.3% below fair value)
  • GF Score™: 85/100 with 1 warning sign

No single metric tells the full story. See the TPE:2706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Hotel Co Business Description

Address Nanjing East Road, No. 63, Section 2, Taipei, TWN
First Hotel Co Ltd is a Taiwan-based company, that engages in the operation and management of hotels. The reportable segments of the company are the Travel service segment which include tourist hotel service, and the Leasing segment which generates key revenue and includes Rent out commercial buildings. The company operates tourism hotels, which provide spaces for accommodation, catering, parties, fitness centers, and meeting rooms. Its leasing of commercial buildings business mainly includes the leasing of shopping malls. It also provides services like dining halls, restaurants, and online booking services.
85GF Score

Get the complete analysis for TPE:2706

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

NT$12.55
Price
NT$17.26
GF Value