Findex (TSE:3649) Dividend Payout Ratio: 0.00 (As of Dec. 2025)

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TSE:3649 Findex Inc TSE:3649
95 GF Score
Price 円859.00
GF Value 円931.38
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Findex Dividend Payout Ratio?

Findex TSE:3649 -1.49% 95 Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus rates TSE:3649 with a GF Score™ of 95/100 and a GF Value™ of 円931.38 (Fairly Valued). The stock has 1 warning sign investors should review. Among 249 Healthcare Providers & Services companies, Findex ranks better than 65.86% 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. Findex's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.00.

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

TSE:3649' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.39   Max: 0.5
Current: 0.29

During the past 13 years, the highest Dividend Payout Ratio of Findex was 0.50. The lowest was 0.29. And the median was 0.39.

TSE:3649's Dividend Payout Ratio is ranked better than
65.86% of 249 companies
in the Healthcare Providers & Services industry
Industry Median: 0.41 vs TSE:3649: 0.29

As of today (2026-07-19), the Dividend Yield % of Findex is 3.14%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Findex was 3.14%. The lowest was 0.33%. And the median was 0.92%.

Findex's Dividends per Share for the months ended in Dec. 2025 was 円0.00.

During the past 12 months, Findex's average Dividends Per Share Growth Rate was 46.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 22.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Findex was 71.00% per year. The lowest was 4.30% per year. And the median was 17.60% 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.

Findex (TSE:3649) 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.

Findex Dividend Payout Ratio Related Terms

Findex Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Findex'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.

Findex Dividend Payout Ratio Chart

Findex 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 0.34 0.34 0.31 0.33 0.43

Findex Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.00 1.84 0.00 0.00 0.00

TSE:3649 vs VEEV, BTSG, TEM: Dividend Payout Ratio Comparison

For the Health Information Services subindustry, Findex'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.

Findex Dividend Payout Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Findex's Dividend Payout Ratio distribution charts can be found below:

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


TSE:3649
95GF Score
Findex Inc TSE:3649
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Findex 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.

Findex'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 )
=22/ 51.688
=0.43

Findex'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
=N/A

* 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?
Findex (TSE:3649) 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 Findex and its competitors. Over the past decade, Findex's Dividend Payout Ratio has ranged from 0.29 to 0.50. According to the industry distribution chart, Findex ranks #85 out of 249 companies in the Healthcare Providers & Services industry, placing it in the top 34.1%.
Is Findex's Dividend Payout Ratio too high?
Findex's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.50. Based on the distribution chart, Findex ranks #85 out of 249 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Findex has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Findex's Dividend Payout Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Findex ranks #85 out of 249 companies for Dividend Payout Ratio. This puts Findex in the upper half of its industry. The industry median Dividend Payout Ratio is 0.41. Historically, Findex's own Dividend Payout Ratio has ranged from 0.29 to 0.50 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 Healthcare Providers & Services company?
The median Dividend Payout Ratio among Healthcare Providers & Services companies is 0.41, based on 249 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 Findex and its competitors. For the Healthcare Providers & Services industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Findex'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 Findex stock overvalued right now?
Based on GuruFocus' analysis, Findex (TSE:3649) is currently considered Fairly Valued. The stock's GF Value™ is 円931.38, compared to a current price of 円859.00 — trading 7.8% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Findex's overall GF Score™ is 95/100 with 1 warning sign 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 Findex (TSE:3649), 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 Findex (TSE:3649) Overvalued in 2026?

Based on GuruFocus' analysis, Findex stock appears to be undervalued. The current stock price of 円859.00 is trading 7.8% below its estimated GF Value™ of 円931.38. GuruFocus considers Findex to be Fairly Valued.

Key valuation signals for TSE:3649:

  • Dividend Payout Ratio: 0.00
  • GF Value™: 円931.38 vs. price of 円859.00 (7.8% below fair value)
  • GF Score™: 95/100 with 1 warning sign

No single metric tells the full story. See the TSE:3649 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Findex Business Description

Address 1-7-2 Otemachi, Tokyo Sankei Building, 26th Floor, Chiyoda-Ku, Matsuyama, JPN, 100-0004
Findex Inc is engaged in the operation of the system development business and health tech business.
95GF Score

Get the complete analysis for TSE:3649

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

円859.00
Price
円931.38
GF Value