Hi-Crates Co (TSE:4172) Dividend Payout Ratio: 0.71 (As of Mar. 2026) — 22% Above Median


TSE:4172 Hi-Crates Co Ltd TSE:4172
69 GF Score
Price 円2,179.00
GF Value 円2,326.99
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Hi-Crates Co Dividend Payout Ratio?

Hi-Crates Co TSE:4172 69 Dividend Payout Ratio is 0.71 as of Mar. 2026, which is 22% above its 10-year median of 0.58. GuruFocus rates TSE:4172 with a GF Score™ of 69/100 and a GF Value™ of 円2,326.99 (Fairly Valued). The stock has 1 warning sign investors should review. Among 248 Healthcare Providers & Services companies, Hi-Crates Co ranks worse than 55.65% 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. Hi-Crates Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.71.

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

TSE:4172' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.58   Max: 4.57
Current: 0.46


During the past 8 years, the highest Dividend Payout Ratio of Hi-Crates Co was 4.57. The lowest was 0.27. And the median was 0.58.

TSE:4172's Dividend Payout Ratio is ranked worse than
55.65% of 248 companies
in the Healthcare Providers & Services industry
Industry Median: 0.41 vs TSE:4172: 0.46

As of today (2026-07-11), the Dividend Yield % of Hi-Crates Co is 4.04%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Hi-Crates Co was 5.34%. The lowest was 0.81%. And the median was 2.79%.

Hi-Crates Co's Dividends per Share for the months ended in Mar. 2026 was 円44.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 4.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.20% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Hi-Crates Co was 20.70% per year. The lowest was -46.20% per year. And the median was 8.35% 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.


Hi-Crates Co (TSE:4172) 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.


Hi-Crates Co Dividend Payout Ratio Related Terms


Hi-Crates Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hi-Crates 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.

Hi-Crates Co Dividend Payout Ratio Chart

Hi-Crates Co Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Dividend Payout Ratio
Get a 7-Day Free Trial 0.27 0.58 0.62 0.63 0.49

Hi-Crates Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 1.02 0.00 0.71

TSE:4172 vs VEEV, BTSG, TEM: Dividend Payout Ratio Comparison

For the Health Information Services subindustry, Hi-Crates 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.


Hi-Crates Co Dividend Payout Ratio vs Healthcare Providers & Services Industry

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

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


TSE:4172
69GF Score
Hi-Crates Co Ltd TSE:4172
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hi-Crates 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.

Hi-Crates Co's Dividend Payout Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2025 )/ EPS without NRI (A: Sep. 2025 )
=88/ 181.004
=0.49

Hi-Crates 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 )
=44/ 61.82
=0.71

* 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 0.71 mean?
Hi-Crates Co (TSE:4172) has a Dividend Payout Ratio of 0.71 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hi-Crates Co and its competitors. This is 22% above median its historical median of 0.58. Over the past decade, Hi-Crates Co's Dividend Payout Ratio has ranged from 0.27 to 4.57. According to the industry distribution chart, Hi-Crates Co ranks #138 out of 248 companies in the Healthcare Providers & Services industry, placing it in the top 55.6%.
Is Hi-Crates Co's Dividend Payout Ratio too high?
Hi-Crates Co's current Dividend Payout Ratio of 0.71 is 22% above median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 4.57. The Healthcare Providers & Services industry median Dividend Payout Ratio is 0.41. Hi-Crates Co's value of 0.71 is 73.2% above this industry median. Based on the distribution chart, Hi-Crates Co ranks #138 out of 248 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Hi-Crates Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hi-Crates Co's Dividend Payout Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Hi-Crates Co ranks #138 out of 248 companies for Dividend Payout Ratio. This places Hi-Crates Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. Hi-Crates Co's value of 0.71 is 73.2% above this benchmark. Historically, Hi-Crates Co's own Dividend Payout Ratio has ranged from 0.27 to 4.57 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.41, Hi-Crates 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 Healthcare Providers & Services company?
The median Dividend Payout Ratio among Healthcare Providers & Services companies is 0.41, based on 248 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. Hi-Crates Co's current Dividend Payout Ratio of 0.71 is 73.2% 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 Hi-Crates Co 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. Hi-Crates Co's current Dividend Payout Ratio is 0.71, which is 22% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Crates Co stock overvalued right now?
Based on GuruFocus' analysis, Hi-Crates Co (TSE:4172) is currently considered Fairly Valued. The stock's GF Value™ is 円2,326.99, compared to a current price of 円2,179.00 — trading 6.4% below its estimated fair value. The current Dividend Payout Ratio is 0.71, which is 22% above median its 10-year median of 0.58 and 73.2% above the Healthcare Providers & Services industry median of 0.41. Hi-Crates Co's overall GF Score™ is 69/100 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 Hi-Crates Co (TSE:4172), the current Dividend Payout Ratio is 0.71 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 Hi-Crates Co (TSE:4172) Overvalued in 2026?

Based on GuruFocus' analysis, Hi-Crates Co stock appears to be undervalued. The current stock price of 円2,179.00 is trading 6.4% below its estimated GF Value™ of 円2,326.99. GuruFocus considers Hi-Crates Co to be Fairly Valued.

Key valuation signals for TSE:4172:

  • Dividend Payout Ratio: 0.71 (22% above median its 10-year median of 0.58)
  • GF Value™: 円2,326.99 vs. price of 円2,179.00 (6.4% below fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 73.2% above the Healthcare Providers & Services median (#138 of 248)

No single metric tells the full story. See the TSE:4172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hi-Crates Co Business Description

Address 3-12-33 Noda, Kita-ku, Okayama, JPN, 700-0971
Hi-Crates Co Ltd formerly, Towa Hi System Co Ltd is involved in the Research and development, sales, and support for integrated dental electronic medical record systems. Research and development, sales and support for iPad and web apps. which includes AI/voice electronic medical record integrated system, Visual examination and periodontal examination system, Interview System, Self-pay estimated system, Image management system etc.
69GF Score

Get the complete analysis for TSE:4172

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

円2,179.00
Price
円2,326.99
GF Value