Banners Co (TSE:3011) Dividend Payout Ratio: 0.72 (As of Mar. 2026) — 95% Above Median

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Banners Co Ltd TSE:3011

72 GF Score

Price 円146.00

GF Value 円163.28

Valuation Modestly Undervalued

4 Warning Signs

View Full Analysis

What is Banners Co Dividend Payout Ratio?

Banners Co TSE:3011 72 Dividend Payout Ratio is 0.72 as of Mar. 2026, which is 95% above its 10-year median of 0.37. GuruFocus rates TSE:3011 with a GF Score™ of 72/100 and a GF Value™ of 円163.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 776 Vehicles & Parts companies, Banners Co ranks worse than 51.55% 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. Banners Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.72.

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

TSE:3011' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.37 Max: 1.12
Current: 0.37

During the past 13 years, the highest Dividend Payout Ratio of Banners Co was 1.12. The lowest was 0.31. And the median was 0.37.

TSE:3011's Dividend Payout Ratio is ranked worse than
51.55% of 776 companies
in the Vehicles & Parts industry
Industry Median: 0.35 vs TSE:3011: 0.37

As of today (2026-07-15), the Dividend Yield % of Banners Co is 3.42%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Banners Co was 4.00%. The lowest was 1.12%. And the median was 1.99%.

Banners Co's Dividends per Share for the months ended in Mar. 2026 was 円5.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 19.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Banners Co was 26.00% per year. The lowest was -20.60% 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.

Banners Co (TSE:3011) 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.

Banners Co Dividend Payout Ratio Related Terms

Banners Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Banners 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.

Banners Co Dividend Payout Ratio Chart

Banners Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

Get a 7-Day Free Trial

0.32

0.41

0.33

0.31

0.37

Banners 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															0.52	0.00	0.53	0.00	0.72

TSE:3011 vs CVNA, PAG, ALTB: Dividend Payout Ratio Comparison

For the Auto & Truck Dealerships subindustry, Banners 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.

Banners Co Dividend Payout Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Banners Co's Dividend Payout Ratio distribution charts can be found below:

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

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72GF Score

Banners Co Ltd TSE:3011

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

View Full Analysis

Banners Co Dividend Payout Ratio Calculation

Banners 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 )
	=	5	/	13.58
	=	0.37

Banners 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 )
	=	5	/	6.99
	=	0.72

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.72 mean?

Banners Co (TSE:3011) has a Dividend Payout Ratio of 0.72 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Banners Co and its competitors. This is 95% above median its historical median of 0.37. Over the past decade, Banners Co's Dividend Payout Ratio has ranged from 0.31 to 1.12. According to the industry distribution chart, Banners Co ranks #400 out of 776 companies in the Vehicles & Parts industry, placing it in the top 51.5%.

Is Banners Co's Dividend Payout Ratio too high?

Banners Co's current Dividend Payout Ratio of 0.72 is 95% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.12. The Vehicles & Parts industry median Dividend Payout Ratio is 0.35. Banners Co's value of 0.72 is 105.7% above this industry median. Based on the distribution chart, Banners Co ranks #400 out of 776 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Banners Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Banners Co's Dividend Payout Ratio compare to CVNA and PAG?

According to the Vehicles & Parts industry distribution chart, Banners Co ranks #400 out of 776 companies for Dividend Payout Ratio. This places Banners Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.35. Banners Co's value of 0.72 is 105.7% above this benchmark. Historically, Banners Co's own Dividend Payout Ratio has ranged from 0.31 to 1.12 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.35, Banners 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 Vehicles & Parts company?

The median Dividend Payout Ratio among Vehicles & Parts companies is 0.35, based on 776 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. Banners Co's current Dividend Payout Ratio of 0.72 is 105.7% 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 Banners Co and its competitors. For the Vehicles & Parts industry, the median Dividend Payout Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banners Co's current Dividend Payout Ratio is 0.72, which is 95% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Banners Co stock overvalued right now?

Based on GuruFocus' analysis, Banners Co (TSE:3011) is currently considered Modestly Undervalued. The stock's GF Value™ is 円163.28, compared to a current price of 円146.00 — trading 10.6% below its estimated fair value. The current Dividend Payout Ratio is 0.72, which is 95% above median its 10-year median of 0.37 and 105.7% above the Vehicles & Parts industry median of 0.35. Banners Co's overall GF Score™ is 72/100 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 Banners Co (TSE:3011), the current Dividend Payout Ratio is 0.72 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 Banners Co (TSE:3011) Overvalued in 2026?

Based on GuruFocus' analysis, Banners Co stock appears to be undervalued. The current stock price of 円146.00 is trading 10.6% below its estimated GF Value™ of 円163.28. GuruFocus considers Banners Co to be Modestly Undervalued.

Key valuation signals for TSE:3011:

Dividend Payout Ratio: 0.72 (95% above median its 10-year median of 0.37)
GF Value™: 円163.28 vs. price of 円146.00 (10.6% below fair value)
GF Score™: 72/100 with 4 warning signs
Industry Position: 105.7% above the Vehicles & Parts median (#400 of 776)

No single metric tells the full story. See the TSE:3011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Banners Co Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies FSE:3047 TSE:7602 TSE:567A NGO:3384 TSE:5870 TSE:3352 TSE:7680 TSE:2788 TSE:3377 TSE:9082 CVNA PAG XBRU:DIE ALTB TPE:2207 KMX LAD AN RUSHA TSE:4732

Address 102 Ishihara 1-chome, Kumagaya-shi, Saitama, JPN, 3600816

Website https://www.banners.jp

Banners Co Ltd is a Japan-based company. The company operates its business activities in three divisions including real estate utilization business, automobile sales business and musical instrument sales business. In the real estate utilization business, the company mainly rent tenants. In the automobile sales business, it sells Honda Vehicles and non-life insurance. In the musical instrument sales business, it imports and sells oboe and bathoons as a specialty store of double reed musical instruments. It also provides maintenance and after-sales services.

72GF Score

Get the complete analysis for TSE:3011

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

円146.00

Price

円163.28

GF Value

View TSE:3011 Analysis

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