Asia Air Survey Co (TSE:9233) Dividend Payout Ratio: 0.16 (As of Mar. 2026) — 33% Below Median

What is Asia Air Survey Co Dividend Payout Ratio?

Asia Air Survey Co TSE:9233 +0.95% 77 Dividend Payout Ratio is 0.16 as of Mar. 2026, which is 33% below its 10-year median of 0.24. GuruFocus rates TSE:9233 with a GF Score™ of 77/100 and a GF Value™ of 円1,163.69 (Fairly Valued). The stock has 4 warning signs investors should review. Among 861 Construction companies, Asia Air Survey Co ranks worse than 70.96% 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. Asia Air Survey Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.16.

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

TSE:9233' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.24 Max: 0.57
Current: 0.57

During the past 13 years, the highest Dividend Payout Ratio of Asia Air Survey Co was 0.57. The lowest was 0.07. And the median was 0.24.

TSE:9233's Dividend Payout Ratio is ranked worse than
70.96% of 861 companies
in the Construction industry
Industry Median: 0.39 vs TSE:9233: 0.57

As of today (2026-07-11), the Dividend Yield % of Asia Air Survey Co is 4.20%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Asia Air Survey Co was 4.90%. The lowest was 0.54%. And the median was 1.69%.

Asia Air Survey Co's Dividends per Share for the months ended in Mar. 2026 was 円20.00.

During the past 12 months, Asia Air Survey Co's average Dividends Per Share Growth Rate was -5.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 28.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 22.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Asia Air Survey Co was 38.30% per year. The lowest was 0.00% per year. And the median was 16.30% 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.

Asia Air Survey Co (TSE:9233) 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.

Asia Air Survey Co Dividend Payout Ratio Related Terms

Asia Air Survey Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Asia Air Survey 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.

Asia Air Survey Co Dividend Payout Ratio Chart

Asia Air Survey Co Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

Dividend Payout Ratio

Get a 7-Day Free Trial

0.15

0.28

0.34

0.43

Asia Air Survey Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.10	0.00	1.00	0.00	0.16

TSE:9233 vs PWR, FIX, EME: Dividend Payout Ratio Comparison

For the Engineering & Construction subindustry, Asia Air Survey 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.

Asia Air Survey Co Dividend Payout Ratio vs Construction Industry

For the Construction industry and Industrials sector, Asia Air Survey Co's Dividend Payout Ratio distribution charts can be found below:

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

Save Embed

77GF Score

Asia Air Survey Co Ltd TSE:9233

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

View Full Analysis

Asia Air Survey Co Dividend Payout Ratio Calculation

Asia Air Survey 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 )
	=	44	/	103.198
	=	0.43

Asia Air Survey 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 )
	=	20	/	122.736
	=	0.16

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.16 mean?

Asia Air Survey Co (TSE:9233) has a Dividend Payout Ratio of 0.16 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Asia Air Survey Co and its competitors. This is 33% below median its historical median of 0.24. Over the past decade, Asia Air Survey Co's Dividend Payout Ratio has ranged from 0.07 to 0.57. According to the industry distribution chart, Asia Air Survey Co ranks #611 out of 861 companies in the Construction industry, placing it in the top 71%.

Is Asia Air Survey Co's Dividend Payout Ratio too high?

Asia Air Survey Co's current Dividend Payout Ratio of 0.16 is 33% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.57. The Construction industry median Dividend Payout Ratio is 0.39. Asia Air Survey Co's value of 0.16 is 59% below this industry median. Based on the distribution chart, Asia Air Survey Co ranks #611 out of 861 companies in the Construction industry, which is below the industry midpoint. Overall, Asia Air Survey Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Asia Air Survey Co's Dividend Payout Ratio compare to PWR and FIX?

According to the Construction industry distribution chart, Asia Air Survey Co ranks #611 out of 861 companies for Dividend Payout Ratio. This places Asia Air Survey Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.39. Asia Air Survey Co's value of 0.16 is 59% below this benchmark. Historically, Asia Air Survey Co's own Dividend Payout Ratio has ranged from 0.07 to 0.57 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.39, Asia Air Survey Co has consistently been below 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. Asia Air Survey Co's current Dividend Payout Ratio of 0.16 is 59% below 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 Asia Air Survey 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. Asia Air Survey Co's current Dividend Payout Ratio is 0.16, which is 33% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Asia Air Survey Co stock overvalued right now?

Based on GuruFocus' analysis, Asia Air Survey Co (TSE:9233) is currently considered Fairly Valued. The stock's GF Value™ is 円1,163.69, compared to a current price of 円1,166.00 — trading 0.2% above its estimated fair value. The current Dividend Payout Ratio is 0.16, which is 33% below median its 10-year median of 0.24 and 59% below the Construction industry median of 0.39. Asia Air Survey Co's overall GF Score™ is 77/100 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 Asia Air Survey Co (TSE:9233), the current Dividend Payout Ratio is 0.16 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 Asia Air Survey Co (TSE:9233) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Air Survey Co stock appears to be overvalued. The current stock price of 円1,166.00 is trading 0.2% above its estimated GF Value™ of 円1,163.69. GuruFocus considers Asia Air Survey Co to be Fairly Valued.

Key valuation signals for TSE:9233:

Dividend Payout Ratio: 0.16 (33% below median its 10-year median of 0.24)
GF Value™: 円1,163.69 vs. price of 円1,166.00 (0.2% above fair value)
GF Score™: 77/100 with 4 warning signs
Industry Position: 59% below the Construction median (#611 of 861)

No single metric tells the full story. See the TSE:9233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asia Air Survey Co Business Description

Industry Industrials Construction

Comparable Companies TSE:9788 TSE:1960 TSE:9163 TSE:261A TSE:1429 TSE:9768 TSE:9765 TSE:1436 TSE:1770 TSE:1828 PWR XPAR:DG FIX NSE:LT XKRX:028260 XAMS:FER XTER:HOT XMAD:ACS EME MTZ

Other Exchanges AASLF:USA

Address 6-14-1 Nishi Shinjuku, Shinjuku-ku, Green Tower Building, 15th Floor, Tokyo, JPN, 160-0023

Website http://www.ajiko.co.jp

Asia Air Survey Co Ltd is a construction consulting company specializing in aerial surveying. The company includes a group of technical specialists with high-precision, specialized technology in businesses and fields such as surveying, disaster prevention, the environment and spatial information.

77GF Score

Get the complete analysis for TSE:9233

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

円1,166.00

Price

円1,163.69

GF Value

View TSE:9233 Analysis

See Dividend Payout Ratio data for all stocks →