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Almetax Manufacturing CoTSE:5928 +0.36%61 Dividend Payout Ratio is 0.54 as of Mar. 2026, which is 7% below its 10-year median of 0.58. GuruFocus rates TSE:5928 with a GF Score™ of 61/100 and a GF Value™ of 円242.30 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 861 Construction companies, Almetax Manufacturing Co ranks worse than 77.47% 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. Almetax Manufacturing Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.54.
The historical rank and industry rank for Almetax Manufacturing Co's Dividend Payout Ratio or its related term are showing as below:
TSE:5928'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.58 Max: 3.01
Current: 0.65
During the past 13 years, the highest Dividend Payout Ratio of Almetax Manufacturing Co was 3.01. The lowest was 0.29. And the median was 0.58.
TSE:5928's Dividend Payout Ratio is ranked worse than 77.47% of 861
companies
in the Construction industry
Industry Median: 0.39
vs TSE:5928: 0.65
During the past 13 years, the highest Trailing Annual Dividend Yield of Almetax Manufacturing Co was 5.97%. The lowest was 2.11%. And the median was 3.03%.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -4.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Almetax Manufacturing Co was 10.10% 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.
Almetax Manufacturing Co (TSE:5928) 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.
Almetax Manufacturing Co Dividend Payout Ratio Related Terms
Almetax Manufacturing Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Almetax Manufacturing 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.
Almetax Manufacturing Co Dividend Payout Ratio Chart
TSE:5928 vs TT, JCI, CARR: Dividend Payout Ratio Comparison
For the Building Products & Equipment subindustry, Almetax Manufacturing 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.
Almetax Manufacturing Co Dividend Payout Ratio vs Construction Industry
For the Construction industry and Industrials sector, Almetax Manufacturing Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Almetax Manufacturing Co's Dividend Payout Ratio falls into.
Almetax Manufacturing 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.
Almetax Manufacturing Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Almetax Manufacturing Co (TSE:5928) has a Dividend Payout Ratio of 0.54 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Almetax Manufacturing Co and its competitors. This is near median its historical median of 0.58. Over the past decade, Almetax Manufacturing Co's Dividend Payout Ratio has ranged from 0.29 to 3.01. According to the industry distribution chart, Almetax Manufacturing Co ranks #667 out of 861 companies in the Construction industry, placing it in the top 77.5%.
Is Almetax Manufacturing Co's Dividend Payout Ratio too high?
Almetax Manufacturing Co's current Dividend Payout Ratio of 0.54 is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 3.01. The Construction industry median Dividend Payout Ratio is 0.39. Almetax Manufacturing Co's value of 0.54 is 38.5% above this industry median. Based on the distribution chart, Almetax Manufacturing Co ranks #667 out of 861 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Almetax Manufacturing Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Almetax Manufacturing Co's Dividend Payout Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Almetax Manufacturing Co ranks #667 out of 861 companies for Dividend Payout Ratio. This places Almetax Manufacturing Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.39. Almetax Manufacturing Co's value of 0.54 is 38.5% above this benchmark. Historically, Almetax Manufacturing Co's own Dividend Payout Ratio has ranged from 0.29 to 3.01 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.39, Almetax Manufacturing 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 Construction company?
The median Dividend Payout Ratio among Construction companies is 0.39, based on 861 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. Almetax Manufacturing Co's current Dividend Payout Ratio of 0.54 is 38.5% 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 Almetax Manufacturing Co and its competitors. For the Construction industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Almetax Manufacturing Co's current Dividend Payout Ratio is 0.54, which is near 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 Almetax Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Almetax Manufacturing Co (TSE:5928) is currently considered Modestly Overvalued. The stock's GF Value™ is 円242.30, compared to a current price of 円282.00 — trading 16.4% above its estimated fair value. The current Dividend Payout Ratio is 0.54, which is near median its 10-year median of 0.58 and 38.5% above the Construction industry median of 0.39. Almetax Manufacturing Co's overall GF Score™ is 61/100 with 5 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 Almetax Manufacturing Co (TSE:5928), the current Dividend Payout Ratio is 0.54 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 Almetax Manufacturing Co (TSE:5928) Overvalued in 2026?
Based on GuruFocus' analysis, Almetax Manufacturing Co stock appears to be overvalued.
The current stock price of 円282.00 is trading 16.4% above its estimated GF Value™ of 円242.30.
GuruFocus considers Almetax Manufacturing Co to be Modestly Overvalued.
Key valuation signals for TSE:5928:
Dividend Payout Ratio: 0.54 (near median its 10-year median of 0.58)
GF Value™: 円242.30 vs. price of 円282.00 (16.4% above fair value)
Industry Position: 38.5% above the Construction median (#667 of 861)
No single metric tells the full story. See the TSE:5928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Almetax Manufacturing Co Ltd is a Japan-based company that engages in the manufacture and sale of aluminum building materials and civil engineering products. It offers residential design windows, feature windows, bay windows, screen doors, skylights, doors, kitchen doors, and bathroom doors.
61GF Score
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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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