Techno Smart (TSE:6246) Dividend Payout Ratio: 2.13 (As of Mar. 2026) — 868% Above Median


TSE:6246 Techno Smart Corp TSE:6246
85 GF Score
Price 円1,903.00
GF Value 円1,967.28
Valuation Fairly Valued
! 4 Warning Signs
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What is Techno Smart Dividend Payout Ratio?

Techno Smart TSE:6246 +1.49% 85 Dividend Payout Ratio is 2.13 as of Mar. 2026, which is 868% above its 10-year median of 0.22. GuruFocus rates TSE:6246 with a GF Score™ of 85/100 and a GF Value™ of 円1,967.28 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,720 Industrial Products companies, Techno Smart ranks worse than 70.23% 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. Techno Smart's Dividend Payout Ratio for the months ended in Mar. 2026 was 2.13.

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

TSE:6246' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.22   Max: 0.57
Current: 0.57

During the past 13 years, the highest Dividend Payout Ratio of Techno Smart was 0.57. The lowest was 0.17. And the median was 0.22.

TSE:6246's Dividend Payout Ratio is ranked worse than
70.23% of 1720 companies
in the Industrial Products industry
Industry Median: 0.37 vs TSE:6246: 0.57

As of today (2026-07-13), the Dividend Yield % of Techno Smart is 4.62%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Techno Smart was 5.52%. The lowest was 0.46%. And the median was 2.35%.

Techno Smart's Dividends per Share for the months ended in Mar. 2026 was 円44.00.

During the past 12 months, Techno Smart's average Dividends Per Share Growth Rate was 7.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 31.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 62.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 23.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Techno Smart was 111.80% per year. The lowest was -20.60% per year. And the median was 12.30% 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.

Techno Smart (TSE:6246) 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.

Techno Smart Dividend Payout Ratio Related Terms

Techno Smart Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Techno Smart'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.

Techno Smart Dividend Payout Ratio Chart

Techno Smart Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.30 0.52 0.40 0.57

Techno Smart 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 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 0.66 0.49 0.34 0.33 2.13

TSE:6246 vs GEV, ETN, PH: Dividend Payout Ratio Comparison

For the Specialty Industrial Machinery subindustry, Techno Smart'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.

Techno Smart Dividend Payout Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Techno Smart's Dividend Payout Ratio distribution charts can be found below:

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


TSE:6246
85GF Score
Techno Smart Corp TSE:6246
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Techno Smart 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.

Techno Smart'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 )
=88/ 153.311
=0.57

Techno Smart'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/ 20.705
=2.13

* 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 2.13 mean?
Techno Smart (TSE:6246) has a Dividend Payout Ratio of 2.13 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Techno Smart and its competitors. This is 868% above median its historical median of 0.22. Over the past decade, Techno Smart's Dividend Payout Ratio has ranged from 0.17 to 0.57. According to the industry distribution chart, Techno Smart ranks #1208 out of 1720 companies in the Industrial Products industry, placing it in the top 70.2%.
Is Techno Smart's Dividend Payout Ratio too high?
Techno Smart's current Dividend Payout Ratio of 2.13 is 868% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.57. The Industrial Products industry median Dividend Payout Ratio is 0.37. Techno Smart's value of 2.13 is 475.7% above this industry median. Based on the distribution chart, Techno Smart ranks #1208 out of 1720 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Techno Smart has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Techno Smart's Dividend Payout Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Techno Smart ranks #1208 out of 1720 companies for Dividend Payout Ratio. This places Techno Smart in the lower half of its industry. The industry median Dividend Payout Ratio is 0.37. Techno Smart's value of 2.13 is 475.7% above this benchmark. Historically, Techno Smart's own Dividend Payout Ratio has ranged from 0.17 to 0.57 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.37, Techno Smart 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 an Industrial Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,720 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. Techno Smart's current Dividend Payout Ratio of 2.13 is 475.7% 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 Techno Smart and its competitors. For the Industrial Products 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. Techno Smart's current Dividend Payout Ratio is 2.13, which is 868% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Smart stock overvalued right now?
Based on GuruFocus' analysis, Techno Smart (TSE:6246) is currently considered Fairly Valued. The stock's GF Value™ is 円1,967.28, compared to a current price of 円1,903.00 — trading 3.3% below its estimated fair value. The current Dividend Payout Ratio is 2.13, which is 868% above median its 10-year median of 0.22 and 475.7% above the Industrial Products industry median of 0.37. Techno Smart's overall GF Score™ is 85/100 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 Techno Smart (TSE:6246), the current Dividend Payout Ratio is 2.13 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 Techno Smart (TSE:6246) Overvalued in 2026?

Based on GuruFocus' analysis, Techno Smart stock appears to be undervalued. The current stock price of 円1,903.00 is trading 3.3% below its estimated GF Value™ of 円1,967.28. GuruFocus considers Techno Smart to be Fairly Valued.

Key valuation signals for TSE:6246:

  • Dividend Payout Ratio: 2.13 (868% above median its 10-year median of 0.22)
  • GF Value™: 円1,967.28 vs. price of 円1,903.00 (3.3% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 475.7% above the Industrial Products median (#1208 of 1720)

No single metric tells the full story. See the TSE:6246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Techno Smart Business Description

Address 2-5-28, Kutarocho Tsunewa Building, 2nd Floor, Kutarocho, Chuo-ku, Osaka, JPN, 541-0056
Techno Smart Corp is based in Japan. The company operates in a single segment, the machinery and equipment manufacturing industry, and designs, manufactures, installs and sells various dryers, principally coating and drying equipment used to impart various functionalities to substrates such as film, metal foil and paper, as well as heat treatment equipment, chemical engineering equipment and other industrial machinery.
85GF Score

Get the complete analysis for TSE:6246

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

円1,903.00
Price
円1,967.28
GF Value