National Petroleum Co (TPE:9937) Dividend Payout Ratio: 0.00 (As of Dec. 2025)


TPE:9937 National Petroleum Co Ltd TPE:9937
78 GF Score
Price NT$55.30
GF Value NT$59.39
Valuation Fairly Valued
! 4 Warning Signs
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What is National Petroleum Co Dividend Payout Ratio?

National Petroleum Co TPE:9937 +0.55% 78 Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus rates TPE:9937 with a GF Score™ of 78/100 and a GF Value™ of NT$59.39 (Fairly Valued). The stock has 4 warning signs investors should review. Among 510 Retail - Cyclical companies, National Petroleum Co ranks worse than 81.96% 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. National Petroleum 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 National Petroleum Co Ltd is 0.89, which seems too high.

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

TPE:9937' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.86   Max: 0.89
Current: 0.89

During the past 13 years, the highest Dividend Payout Ratio of National Petroleum Co was 0.89. The lowest was 0.60. And the median was 0.86.

TPE:9937's Dividend Payout Ratio is ranked worse than
81.96% of 510 companies
in the Retail - Cyclical industry
Industry Median: 0.415 vs TPE:9937: 0.89

As of today (2026-07-06), the Dividend Yield % of National Petroleum Co is 3.82%.

During the past 13 years, the highest Trailing Annual Dividend Yield of National Petroleum Co was 5.18%. The lowest was 2.85%. And the median was 4.01%.

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

During the past 5 years, the average Dividends Per Share Growth Rate was -0.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of National Petroleum Co was 44.20% per year. The lowest was -33.10% per year. And the median was 1.60% 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.

National Petroleum Co (TPE:9937) 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.

National Petroleum Co Dividend Payout Ratio Related Terms

National Petroleum Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for National Petroleum 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.

National Petroleum Co Dividend Payout Ratio Chart

National Petroleum 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 0.88 0.88 0.83 0.88 0.89

National Petroleum 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 3.18 0.00

TPE:9937 vs CASY, WSM, DKS: Dividend Payout Ratio Comparison

For the Specialty Retail subindustry, National Petroleum 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.

National Petroleum Co Dividend Payout Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, National Petroleum Co's Dividend Payout Ratio distribution charts can be found below:

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


TPE:9937
78GF Score
National Petroleum Co Ltd TPE:9937
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Petroleum 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.

National Petroleum 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 )
=2.1/ 2.35
=0.89

National Petroleum 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/ 0.612
=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?
National Petroleum Co (TPE:9937) 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 National Petroleum Co and its competitors. Over the past decade, National Petroleum Co's Dividend Payout Ratio has ranged from 0.60 to 0.89. According to the industry distribution chart, National Petroleum Co ranks #418 out of 510 companies in the Retail - Cyclical industry, placing it in the top 82%.
Is National Petroleum Co's Dividend Payout Ratio too high?
National Petroleum Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 0.89. Based on the distribution chart, National Petroleum Co ranks #418 out of 510 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, National Petroleum Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Petroleum Co's Dividend Payout Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, National Petroleum Co ranks #418 out of 510 companies for Dividend Payout Ratio. This places National Petroleum Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.42. Historically, National Petroleum Co's own Dividend Payout Ratio has ranged from 0.60 to 0.89 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 Retail - Cyclical company?
The median Dividend Payout Ratio among Retail - Cyclical companies is 0.42, based on 510 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 National Petroleum Co and its competitors. For the Retail - Cyclical industry, the median Dividend Payout Ratio is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Petroleum 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 National Petroleum Co stock overvalued right now?
Based on GuruFocus' analysis, National Petroleum Co (TPE:9937) is currently considered Fairly Valued. The stock's GF Value™ is NT$59.39, compared to a current price of NT$55.30 — trading 6.9% below its estimated fair value. The current Dividend Payout Ratio is 0.00. National Petroleum Co's overall GF Score™ is 78/100 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 National Petroleum Co (TPE:9937), 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 National Petroleum Co (TPE:9937) Overvalued in 2026?

Based on GuruFocus' analysis, National Petroleum Co stock appears to be undervalued. The current stock price of NT$55.30 is trading 6.9% below its estimated GF Value™ of NT$59.39. GuruFocus considers National Petroleum Co to be Fairly Valued.

Key valuation signals for TPE:9937:

  • Dividend Payout Ratio: 0.00
  • GF Value™: NT$59.39 vs. price of NT$55.30 (6.9% below fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the TPE:9937 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

National Petroleum Co Business Description

Address No. 140, Roosevelt Road, 4th Floor, Section 6, Taipei, TWN
National Petroleum Co Ltd is engaged in providing and selling gasoline, diesel, and lubricant, as well as car washing services. The main revenue of the Group is generated from the sales of refined petroleum products supplied and sold through the Group's gas stations. The sales targets are mainly consumers at gas stations.
78GF Score

Get the complete analysis for TPE:9937

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

NT$55.30
Price
NT$59.39
GF Value