Shin Nippon Air Technologies Co (TSE:1952) Dividend Payout Ratio: 0.65 (As of Mar. 2026) — 103% Above Median

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TSE:1952 Shin Nippon Air Technologies Co Ltd TSE:1952
84 GF Score
Price 円3,270.00
GF Value 円2,361.40
Valuation Significantly Overvalued
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What is Shin Nippon Air Technologies Co Dividend Payout Ratio?

Shin Nippon Air Technologies Co TSE:1952 +2.19% 84 Dividend Payout Ratio is 0.65 as of Mar. 2026, which is 103% above its 10-year median of 0.32. GuruFocus rates TSE:1952 with a GF Score™ of 84/100 and a GF Value™ of 円2,361.40 (Significantly Overvalued). Among 856 Construction companies, Shin Nippon Air Technologies Co ranks worse than 57.24% 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. Shin Nippon Air Technologies Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.65.

The historical rank and industry rank for Shin Nippon Air Technologies Co's Dividend Payout Ratio or its related term are showing as below:

TSE:1952' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.32   Max: 0.44
Current: 0.44

During the past 13 years, the highest Dividend Payout Ratio of Shin Nippon Air Technologies Co was 0.44. The lowest was 0.27. And the median was 0.32.

TSE:1952's Dividend Payout Ratio is ranked worse than
57.24% of 856 companies
in the Construction industry
Industry Median: 0.39 vs TSE:1952: 0.44

As of today (2026-08-04), the Dividend Yield % of Shin Nippon Air Technologies Co is 3.44%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Shin Nippon Air Technologies Co was 5.03%. The lowest was 1.44%. And the median was 2.66%.

Shin Nippon Air Technologies Co's Dividends per Share for the months ended in Mar. 2026 was 円70.00.

During the past 12 months, Shin Nippon Air Technologies Co's average Dividends Per Share Growth Rate was 37.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 43.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 32.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 21.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shin Nippon Air Technologies Co was 43.10% per year. The lowest was 0.00% per year. And the median was 11.20% 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.

Shin Nippon Air Technologies Co (TSE:1952) 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.

Shin Nippon Air Technologies Co Dividend Payout Ratio Related Terms

Shin Nippon Air Technologies Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Shin Nippon Air Technologies 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.

Shin Nippon Air Technologies Co Dividend Payout Ratio Chart

Shin Nippon Air Technologies Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.31 0.34 0.44 0.44

Shin Nippon Air Technologies Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.51 0.00 0.76 0.00 0.65

TSE:1952 vs TT, JCI, CARR: Dividend Payout Ratio Comparison

For the Building Products & Equipment subindustry, Shin Nippon Air Technologies 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.

Shin Nippon Air Technologies Co Dividend Payout Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shin Nippon Air Technologies Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Shin Nippon Air Technologies Co's Dividend Payout Ratio falls into.


TSE:1952
84GF Score
Shin Nippon Air Technologies Co Ltd TSE:1952
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Nippon Air Technologies 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.

Shin Nippon Air Technologies Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=110/ 251.574
=0.44

Shin Nippon Air Technologies Co's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=70/ 107.059
=0.65

* 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 0.65 mean?
Shin Nippon Air Technologies Co (TSE:1952) has a Dividend Payout Ratio of 0.65 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Shin Nippon Air Technologies Co and its competitors. This is 103% above median its historical median of 0.32. Over the past decade, Shin Nippon Air Technologies Co's Dividend Payout Ratio has ranged from 0.27 to 0.44. According to the industry distribution chart, Shin Nippon Air Technologies Co ranks #490 out of 856 companies in the Construction industry, placing it in the top 57.2%.
Is Shin Nippon Air Technologies Co's Dividend Payout Ratio too high?
Shin Nippon Air Technologies Co's current Dividend Payout Ratio of 0.65 is 103% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.44. The Construction industry median Dividend Payout Ratio is 0.39. Shin Nippon Air Technologies Co's value of 0.65 is 66.7% above this industry median. Based on the distribution chart, Shin Nippon Air Technologies Co ranks #490 out of 856 companies in the Construction industry, which is below the industry midpoint. Overall, Shin Nippon Air Technologies Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shin Nippon Air Technologies Co's Dividend Payout Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Shin Nippon Air Technologies Co ranks #490 out of 856 companies for Dividend Payout Ratio. This places Shin Nippon Air Technologies Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.39. Shin Nippon Air Technologies Co's value of 0.65 is 66.7% above this benchmark. Historically, Shin Nippon Air Technologies Co's own Dividend Payout Ratio has ranged from 0.27 to 0.44 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.39, Shin Nippon Air Technologies Co 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 Construction company?
The median Dividend Payout Ratio among Construction companies is 0.39, based on 856 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. Shin Nippon Air Technologies Co's current Dividend Payout Ratio of 0.65 is 66.7% 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 Shin Nippon Air Technologies Co and its competitors. For the Construction industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Nippon Air Technologies Co's current Dividend Payout Ratio is 0.65, which is 103% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Nippon Air Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Nippon Air Technologies Co (TSE:1952) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,361.40, compared to a current price of 円3,270.00 — trading 38.5% above its estimated fair value. The current Dividend Payout Ratio is 0.65, which is 103% above median its 10-year median of 0.32 and 66.7% above the Construction industry median of 0.39. Shin Nippon Air Technologies Co's overall GF Score™ is 84/100. 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 Shin Nippon Air Technologies Co (TSE:1952), the current Dividend Payout Ratio is 0.65 as of Mar. 2026. 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 Shin Nippon Air Technologies Co (TSE:1952) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Nippon Air Technologies Co stock appears to be overvalued. The current stock price of 円3,270.00 is trading 38.5% above its estimated GF Value™ of 円2,361.40. GuruFocus considers Shin Nippon Air Technologies Co to be Significantly Overvalued.

Key valuation signals for TSE:1952:

  • Dividend Payout Ratio: 0.65 (103% above median its 10-year median of 0.32)
  • GF Value™: 円2,361.40 vs. price of 円3,270.00 (38.5% above fair value)
  • GF Score™: 84/100
  • Industry Position: 66.7% above the Construction median (#490 of 856)

No single metric tells the full story. See the TSE:1952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shin Nippon Air Technologies Co Business Description

Address 2-31-1 Nihonbashi Hamacho, Hamacho Center Building, Chuo-ku, Tokyo, JPN, 103-0007
Shin Nippon Air Technologies Co Ltd engages in the design, installation, management, and contract work for air conditioning systems, ventilation, environmental protection, temperature and humidity adjustment, dust removal, disinfection, water supply and drainage, sanitation equipment, and electrical equipment.
84GF Score

Get the complete analysis for TSE:1952

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

円3,270.00
Price
円2,361.40
GF Value