ASAX Co (TSE:8772) Dividend Payout Ratio: 0.74 (As of Mar. 2026) — 289% Above Median


TSE:8772 ASAX Co Ltd TSE:8772
80 GF Score
Price 円798.00
GF Value 円974.34
Valuation Modestly Undervalued
! 3 Warning Signs
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What is ASAX Co Dividend Payout Ratio?

ASAX Co TSE:8772 +0.13% 80 Dividend Payout Ratio is 0.74 as of Mar. 2026, which is 289% above its 10-year median of 0.19. GuruFocus rates TSE:8772 with a GF Score™ of 80/100 and a GF Value™ of 円974.34 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,169 Banks companies, ASAX Co ranks better than 80.5% 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. ASAX Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.74.

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

TSE:8772' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.19   Max: 0.23
Current: 0.19


During the past 13 years, the highest Dividend Payout Ratio of ASAX Co was 0.23. The lowest was 0.18. And the median was 0.19.

TSE:8772's Dividend Payout Ratio is ranked better than
80.5% of 1169 companies
in the Banks industry
Industry Median: 0.32 vs TSE:8772: 0.19

As of today (2026-07-02), the Dividend Yield % of ASAX Co is 2.76%.

During the past 13 years, the highest Trailing Annual Dividend Yield of ASAX Co was 3.37%. The lowest was 1.97%. And the median was 2.63%.

ASAX Co's Dividends per Share for the months ended in Mar. 2026 was 円22.00.

During the past 12 months, ASAX Co's average Dividends Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ASAX Co was 14.50% per year. The lowest was -1.70% per year. And the median was 5.15% 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.


ASAX Co (TSE:8772) 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.


ASAX Co Dividend Payout Ratio Related Terms


ASAX Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for ASAX 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.

ASAX Co Dividend Payout Ratio Chart

ASAX Co 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 0.23 0.21 0.21 0.20 0.19

ASAX 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 0.00 0.00 0.74

TSE:8772 vs RKT, FNMA, PFSI: Dividend Payout Ratio Comparison

For the Mortgage Finance subindustry, ASAX 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.


ASAX Co Dividend Payout Ratio vs Banks Industry

For the Banks industry and Financial Services sector, ASAX Co's Dividend Payout Ratio distribution charts can be found below:

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


TSE:8772
80GF Score
ASAX Co Ltd TSE:8772
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASAX 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.

ASAX Co'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 )
=22/ 116.357
=0.19

ASAX 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 )
=22/ 29.69
=0.74

* 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 0.74 mean?
ASAX Co (TSE:8772) has a Dividend Payout Ratio of 0.74 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on ASAX Co and its competitors. This is 289% above median its historical median of 0.19. Over the past decade, ASAX Co's Dividend Payout Ratio has ranged from 0.18 to 0.23. According to the industry distribution chart, ASAX Co ranks #228 out of 1169 companies in the Banks industry, placing it in the top 19.5%.
Is ASAX Co's Dividend Payout Ratio too high?
ASAX Co's current Dividend Payout Ratio of 0.74 is 289% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.23. The Banks industry median Dividend Payout Ratio is 0.32. ASAX Co's value of 0.74 is 131.3% above this industry median. Based on the distribution chart, ASAX Co ranks #228 out of 1169 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, ASAX Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASAX Co's Dividend Payout Ratio compare to RKT and FNMA?
According to the Banks industry distribution chart, ASAX Co ranks #228 out of 1169 companies for Dividend Payout Ratio. This places ASAX Co in the top 20% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.32. ASAX Co's value of 0.74 is 131.3% above this benchmark. Historically, ASAX Co's own Dividend Payout Ratio has ranged from 0.18 to 0.23 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.32, ASAX 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 Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,169 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. ASAX Co's current Dividend Payout Ratio of 0.74 is 131.3% 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 ASAX Co and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASAX Co's current Dividend Payout Ratio is 0.74, which is 289% 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 ASAX Co stock overvalued right now?
Based on GuruFocus' analysis, ASAX Co (TSE:8772) is currently considered Modestly Undervalued. The stock's GF Value™ is 円974.34, compared to a current price of 円798.00 — trading 18.1% below its estimated fair value. The current Dividend Payout Ratio is 0.74, which is 289% above median its 10-year median of 0.19 and 131.3% above the Banks industry median of 0.32. ASAX Co's overall GF Score™ is 80/100 with 3 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 ASAX Co (TSE:8772), the current Dividend Payout Ratio is 0.74 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 ASAX Co (TSE:8772) Overvalued in 2026?

Based on GuruFocus' analysis, ASAX Co stock appears to be undervalued. The current stock price of 円798.00 is trading 18.1% below its estimated GF Value™ of 円974.34. GuruFocus considers ASAX Co to be Modestly Undervalued.

Key valuation signals for TSE:8772:

  • Dividend Payout Ratio: 0.74 (289% above median its 10-year median of 0.19)
  • GF Value™: 円974.34 vs. price of 円798.00 (18.1% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 131.3% above the Banks median (#228 of 1169)

No single metric tells the full story. See the TSE:8772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASAX Co Business Description

Address 1-3-14 Hiroo, ASAX Hiroo Building 9th Floor, Shibuya-ku, Tokyo, JPN, 150-0012
ASAX Co Ltd is a real estate secured loan provider. The company provides Real estate secured loans for businesses, Real estate secured loans for individuals, Property sale bridge loan, Real estate purchase/construction loan, and Real Estate agent loans.
80GF Score

Get the complete analysis for TSE:8772

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

円798.00
Price
円974.34
GF Value