Ensuiko Sugar Refining Co (TSE:2112) Dividend Payout Ratio: 0.44 (As of Mar. 2026) — 132% Above Median

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Ensuiko Sugar Refining Co Ltd TSE:2112

66 GF Score

Price 円448.00

GF Value 円326.02

Valuation Significantly Overvalued

2 Warning Signs

View Full Analysis

What is Ensuiko Sugar Refining Co Dividend Payout Ratio?

Ensuiko Sugar Refining Co TSE:2112 -0.22% 66 Dividend Payout Ratio is 0.44 as of Mar. 2026, which is 132% above its 10-year median of 0.19. GuruFocus rates TSE:2112 with a GF Score™ of 66/100 and a GF Value™ of 円326.02 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 995 Consumer Packaged Goods companies, Ensuiko Sugar Refining Co ranks better than 78.59% 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. Ensuiko Sugar Refining Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.44.

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

TSE:2112' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.19 Max: 0.27
Current: 0.23

During the past 13 years, the highest Dividend Payout Ratio of Ensuiko Sugar Refining Co was 0.27. The lowest was 0.09. And the median was 0.19.

TSE:2112's Dividend Payout Ratio is ranked better than
78.59% of 995 companies
in the Consumer Packaged Goods industry
Industry Median: 0.43 vs TSE:2112: 0.23

As of today (2026-07-26), the Dividend Yield % of Ensuiko Sugar Refining Co is 4.46%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ensuiko Sugar Refining Co was 4.93%. The lowest was 1.31%. And the median was 2.23%.

Ensuiko Sugar Refining Co's Dividends per Share for the months ended in Mar. 2026 was 円20.00.

During the past 12 months, Ensuiko Sugar Refining Co's average Dividends Per Share Growth Rate was 33.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 58.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 33.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ensuiko Sugar Refining Co was 58.70% per year. The lowest was 0.00% per year. And the median was 0.00% 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.

Ensuiko Sugar Refining Co (TSE:2112) 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.

Ensuiko Sugar Refining Co Dividend Payout Ratio Related Terms

Ensuiko Sugar Refining Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Ensuiko Sugar Refining 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.

Ensuiko Sugar Refining Co Dividend Payout Ratio Chart

Ensuiko Sugar Refining Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

Get a 7-Day Free Trial

0.22

0.27

0.09

0.20

0.24

Ensuiko Sugar Refining Co Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.22	0.00	0.39	0.00	0.44

TSE:2112 vs MDLZ, HSY, TR: Dividend Payout Ratio Comparison

For the Confectioners subindustry, Ensuiko Sugar Refining 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.

Ensuiko Sugar Refining Co Dividend Payout Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ensuiko Sugar Refining Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ensuiko Sugar Refining Co's Dividend Payout Ratio falls into.

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66GF Score

Ensuiko Sugar Refining Co Ltd TSE:2112

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Ensuiko Sugar Refining Co Dividend Payout Ratio Calculation

Ensuiko Sugar Refining 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 )
	=	20	/	85.117
	=	0.23

Ensuiko Sugar Refining 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 )
	=	20	/	45.463
	=	0.44

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.44 mean?

Ensuiko Sugar Refining Co (TSE:2112) has a Dividend Payout Ratio of 0.44 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ensuiko Sugar Refining Co and its competitors. This is 132% above median its historical median of 0.19. Over the past decade, Ensuiko Sugar Refining Co's Dividend Payout Ratio has ranged from 0.09 to 0.27. According to the industry distribution chart, Ensuiko Sugar Refining Co ranks #213 out of 995 companies in the Consumer Packaged Goods industry, placing it in the top 21.4%.

Is Ensuiko Sugar Refining Co's Dividend Payout Ratio too high?

Ensuiko Sugar Refining Co's current Dividend Payout Ratio of 0.44 is 132% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.27. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.43. Ensuiko Sugar Refining Co's value of 0.44 is 2.3% above this industry median. Based on the distribution chart, Ensuiko Sugar Refining Co ranks #213 out of 995 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Ensuiko Sugar Refining Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Ensuiko Sugar Refining Co's Dividend Payout Ratio compare to MDLZ and HSY?

According to the Consumer Packaged Goods industry distribution chart, Ensuiko Sugar Refining Co ranks #213 out of 995 companies for Dividend Payout Ratio. This places Ensuiko Sugar Refining Co in the top 21% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.43. Ensuiko Sugar Refining Co's value of 0.44 is 2.3% above this benchmark. Historically, Ensuiko Sugar Refining Co's own Dividend Payout Ratio has ranged from 0.09 to 0.27 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.43, Ensuiko Sugar Refining 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 Consumer Packaged Goods company?

The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.43, based on 995 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. Ensuiko Sugar Refining Co's current Dividend Payout Ratio of 0.44 is 2.3% 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 Ensuiko Sugar Refining Co and its competitors. For the Consumer Packaged Goods industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ensuiko Sugar Refining Co's current Dividend Payout Ratio is 0.44, which is 132% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ensuiko Sugar Refining Co stock overvalued right now?

Based on GuruFocus' analysis, Ensuiko Sugar Refining Co (TSE:2112) is currently considered Significantly Overvalued. The stock's GF Value™ is 円326.02, compared to a current price of 円448.00 — trading 37.4% above its estimated fair value. The current Dividend Payout Ratio is 0.44, which is 132% above median its 10-year median of 0.19 and 2.3% above the Consumer Packaged Goods industry median of 0.43. Ensuiko Sugar Refining Co's overall GF Score™ is 66/100 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 Ensuiko Sugar Refining Co (TSE:2112), the current Dividend Payout Ratio is 0.44 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 Ensuiko Sugar Refining Co (TSE:2112) Overvalued in 2026?

Based on GuruFocus' analysis, Ensuiko Sugar Refining Co stock appears to be overvalued. The current stock price of 円448.00 is trading 37.4% above its estimated GF Value™ of 円326.02. GuruFocus considers Ensuiko Sugar Refining Co to be Significantly Overvalued.

Key valuation signals for TSE:2112:

Dividend Payout Ratio: 0.44 (132% above median its 10-year median of 0.19)
GF Value™: 円326.02 vs. price of 円448.00 (37.4% above fair value)
GF Score™: 66/100 with 2 warning signs
Industry Position: 2.3% above the Consumer Packaged Goods median (#213 of 995)

No single metric tells the full story. See the TSE:2112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ensuiko Sugar Refining Co Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies TSE:2750 TSE:2916 TSE:2209 TSE:2217 TSE:2221 TSE:2114 TSE:2216 TSE:2207 TSE:2108 MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR SZSE:000833 TSE:2222 CAS:CSR OSTO:CLA B TSE:2201

Address New ESR Building, 2 - 9 - 6 Nihonbashi Tori Town, Chuo-ku, Tokyo, JPN, 103-0012

Website http://www.ensuiko.co.jp

Ensuiko Sugar Refining Co Ltd operates in the confectionery industry. The company is engaged in the manufacturing and distribution of sugar. It offers a wide range of products ranging from home use to business use, including white sugar, stick sugar for coffee and tea, and gum syrup.

66GF Score

Get the complete analysis for TSE:2112

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

円448.00

Price

円326.02

GF Value

View TSE:2112 Analysis

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