JM Holdings Co (TSE:3539) Dividend Payout Ratio: 0.31 (As of Jan. 2026) — 63% Above Median


TSE:3539 JM Holdings Co Ltd TSE:3539
77 GF Score
Price 円1,261.00
GF Value 円1,453.10
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is JM Holdings Co Dividend Payout Ratio?

JM Holdings Co TSE:3539 -0.55% 77 Dividend Payout Ratio is 0.31 as of Jan. 2026, which is 63% above its 10-year median of 0.19. GuruFocus rates TSE:3539 with a GF Score™ of 77/100 and a GF Value™ of 円1,453.10 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 180 Retail - Defensive companies, JM Holdings Co ranks better than 79.44% 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. JM Holdings Co's Dividend Payout Ratio for the months ended in Jan. 2026 was 0.31.

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

TSE:3539' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.19   Max: 0.24
Current: 0.2

During the past 11 years, the highest Dividend Payout Ratio of JM Holdings Co was 0.24. The lowest was 0.10. And the median was 0.19.

TSE:3539's Dividend Payout Ratio is ranked better than
79.44% of 180 companies
in the Retail - Defensive industry
Industry Median: 0.37 vs TSE:3539: 0.20

As of today (2026-07-13), the Dividend Yield % of JM Holdings Co is 1.90%.

During the past 11 years, the highest Trailing Annual Dividend Yield of JM Holdings Co was 2.22%. The lowest was 0.56%. And the median was 1.39%.

JM Holdings Co's Dividends per Share for the months ended in Jan. 2026 was 円12.00.

During the past 12 months, JM Holdings Co's average Dividends Per Share Growth Rate was 9.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.70% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of JM Holdings Co was 26.00% per year. The lowest was 7.70% per year. And the median was 14.50% 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.

JM Holdings Co (TSE:3539) 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.

JM Holdings Co Dividend Payout Ratio Related Terms

JM Holdings Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for JM Holdings 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.

JM Holdings Co Dividend Payout Ratio Chart

JM Holdings Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.22 0.24 0.19 0.18

JM Holdings Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.26 0.00 0.31 0.00

TSE:3539 vs KR: Dividend Payout Ratio Comparison

For the Grocery Stores subindustry, JM Holdings 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.

JM Holdings Co Dividend Payout Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, JM Holdings Co's Dividend Payout Ratio distribution charts can be found below:

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


TSE:3539
77GF Score
JM Holdings Co Ltd TSE:3539
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JM Holdings 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.

JM Holdings Co's Dividend Payout Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jul. 2025 )/ EPS without NRI (A: Jul. 2025 )
=23/ 129.261
=0.18

JM Holdings Co's Dividend Payout Ratio for the quarter that ended in Jan. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2026 )/ EPS without NRI (Q: Jan. 2026 )
=12/ 38.938
=0.31

* 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 0.31 mean?
JM Holdings Co (TSE:3539) has a Dividend Payout Ratio of 0.31 as of Jan. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on JM Holdings Co and its competitors. This is 63% above median its historical median of 0.19. Over the past decade, JM Holdings Co's Dividend Payout Ratio has ranged from 0.10 to 0.24. According to the industry distribution chart, JM Holdings Co ranks #37 out of 180 companies in the Retail - Defensive industry, placing it in the top 20.6%.
Is JM Holdings Co's Dividend Payout Ratio too high?
JM Holdings Co's current Dividend Payout Ratio of 0.31 is 63% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.24. The Retail - Defensive industry median Dividend Payout Ratio is 0.37. JM Holdings Co's value of 0.31 is 16.2% below this industry median. Based on the distribution chart, JM Holdings Co ranks #37 out of 180 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, JM Holdings Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JM Holdings Co's Dividend Payout Ratio compare to KR?
According to the Retail - Defensive industry distribution chart, JM Holdings Co ranks #37 out of 180 companies for Dividend Payout Ratio. This places JM Holdings Co in the top 21% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.37. JM Holdings Co's value of 0.31 is 16.2% below this benchmark. Historically, JM Holdings Co's own Dividend Payout Ratio has ranged from 0.10 to 0.24 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.37, JM Holdings Co has consistently been below 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 Retail - Defensive company?
The median Dividend Payout Ratio among Retail - Defensive companies is 0.37, based on 180 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. JM Holdings Co's current Dividend Payout Ratio of 0.31 is 16.2% below 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 JM Holdings Co and its competitors. For the Retail - Defensive industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JM Holdings Co's current Dividend Payout Ratio is 0.31, which is 63% 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 JM Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, JM Holdings Co (TSE:3539) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,453.10, compared to a current price of 円1,261.00 — trading 13.2% below its estimated fair value. The current Dividend Payout Ratio is 0.31, which is 63% above median its 10-year median of 0.19 and 16.2% below the Retail - Defensive industry median of 0.37. JM Holdings Co's overall GF Score™ is 77/100 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 JM Holdings Co (TSE:3539), the current Dividend Payout Ratio is 0.31 as of Jan. 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 JM Holdings Co (TSE:3539) Overvalued in 2026?

Based on GuruFocus' analysis, JM Holdings Co stock appears to be undervalued. The current stock price of 円1,261.00 is trading 13.2% below its estimated GF Value™ of 円1,453.10. GuruFocus considers JM Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:3539:

  • Dividend Payout Ratio: 0.31 (63% above median its 10-year median of 0.19)
  • GF Value™: 円1,453.10 vs. price of 円1,261.00 (13.2% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 16.2% below the Retail - Defensive median (#37 of 180)

No single metric tells the full story. See the TSE:3539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JM Holdings Co Business Description

Address Tsuchiura-shi wholesale Town 2-3, 30 Ibaraki prefecture, Ibaraki, JPN, 300-0847
JM Holdings Co Ltd operates food supermarkets that retail meat products, fresh vegetables, fishes and other daily food products. The company also manages beef barbecue restaurants. It offers meat products, including meat processed goods, and frozen and refrigerated processed products, as well as meat of cow, chicken, and ham, as well as pork; food products comprising seasonings, processed foods, rice, bread, sake, noodles, eggs, dairy products; and vegetables, fruits, vegetables and fruits processed products, fresh juices, and cakes. It also provides fish products, sushi, dried fish, seaweed, shellfish, crustaceans, marine processing; and prepared foods, including lunch and fried foods, and tonkatsu, as well as salads, boiled foods, pottery, steamed foods.
77GF Score

Get the complete analysis for TSE:3539

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

円1,261.00
Price
円1,453.10
GF Value