Zero Co (TSE:9028) Dividend Payout Ratio: 0.00 (As of Dec. 2025)

Zero Co TSE:9028 69 Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus rates TSE:9028 with a GF Score™ of 69/100 and a GF Value™ of 円1,735.57 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 777 Vehicles & Parts companies, Zero Co ranks worse than 59.33% 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. Zero Co's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.00.

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

TSE:9028' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.25 Max: 0.43
Current: 0.43

During the past 13 years, the highest Dividend Payout Ratio of Zero Co was 0.43. The lowest was 0.16. And the median was 0.25.

TSE:9028's Dividend Payout Ratio is ranked worse than
59.33% of 777 companies
in the Vehicles & Parts industry
Industry Median: 0.36 vs TSE:9028: 0.43

As of today (2026-07-02), the Dividend Yield % of Zero Co is 3.87%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Zero Co was 4.99%. The lowest was 1.40%. And the median was 3.21%.

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

During the past 12 months, Zero Co's average Dividends Per Share Growth Rate was 57.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 54.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 28.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zero Co was 81.70% per year. The lowest was -20.90% per year. And the median was 18.00% 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.

Zero Co (TSE:9028) 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.

Zero Co Dividend Payout Ratio Related Terms

Zero Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Zero 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.

Zero Co Dividend Payout Ratio Chart

Zero Co Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Dividend Payout Ratio

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0.16

0.25

0.33

Zero Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24	Mar25	Jun25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.00	0.00	0.95	0.00	0.00

TSE:9028 vs CVNA, PAG, ALTB: Dividend Payout Ratio Comparison

For the Auto & Truck Dealerships subindustry, Zero 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.

Zero Co Dividend Payout Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zero Co's Dividend Payout Ratio distribution charts can be found below:

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

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69GF Score

Zero Co Ltd TSE:9028

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Zero Co Dividend Payout Ratio Calculation

Zero Co's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2025 )	/	EPS without NRI (A: Jun. 2025 )
	=	139.9	/	423.91
	=	0.33

Zero Co'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

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.00 mean?

Zero Co (TSE:9028) 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 Zero Co and its competitors. Over the past decade, Zero Co's Dividend Payout Ratio has ranged from 0.16 to 0.43. According to the industry distribution chart, Zero Co ranks #461 out of 777 companies in the Vehicles & Parts industry, placing it in the top 59.3%.

Is Zero Co's Dividend Payout Ratio too high?

Zero Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.43. Based on the distribution chart, Zero Co ranks #461 out of 777 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Zero Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Zero Co's Dividend Payout Ratio compare to CVNA and PAG?

According to the Vehicles & Parts industry distribution chart, Zero Co ranks #461 out of 777 companies for Dividend Payout Ratio. This places Zero Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. Historically, Zero Co's own Dividend Payout Ratio has ranged from 0.16 to 0.43 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 Vehicles & Parts company?

The median Dividend Payout Ratio among Vehicles & Parts companies is 0.36, based on 777 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 Zero Co and its competitors. For the Vehicles & Parts industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zero Co'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 Zero Co stock overvalued right now?

Based on GuruFocus' analysis, Zero Co (TSE:9028) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,735.57, compared to a current price of 円3,630.00 — trading 109.2% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Zero Co's overall GF Score™ is 69/100 with 2 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 Zero Co (TSE:9028), 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 Zero Co (TSE:9028) Overvalued in 2026?

Based on GuruFocus' analysis, Zero Co stock appears to be overvalued. The current stock price of 円3,630.00 is trading 109.2% above its estimated GF Value™ of 円1,735.57. GuruFocus considers Zero Co to be Significantly Overvalued.

Key valuation signals for TSE:9028:

Dividend Payout Ratio: 0.00
GF Value™: 円1,735.57 vs. price of 円3,630.00 (109.2% above fair value)
GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the TSE:9028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zero Co Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies TSE:7593 TSE:9856 TSE:8291 TSE:9268 TSE:5589 TSE:7134 TSE:3184 TSE:3538 TSE:9082 TSE:3377 CVNA PAG XBRU:DIE ALTB TPE:2207 KMX LAD AN RUSHA TSE:4732

Address Solid Square West Tower 6th floor, 580 Horikawa-cho, Saiwai-ku, Kawasaki, JPN, 212-0013

Website http://www.zero-group.co.jp

Zero Co Ltd provides transportation services including new and used vehicle transportation, door-to-door transportation of private cars and motorbikes, new and heavy vehicle maintenance, handling and vehicle inspection at the auto auction.

69GF Score

Get the complete analysis for TSE:9028

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

円3,630.00

Price

円1,735.57

GF Value

View TSE:9028 Analysis

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