Forval RealStraight (TSE:9423) Dividend Payout Ratio: 0.74 (As of Mar. 2026) — 42% Above Median

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TSE:9423 Forval RealStraight Inc TSE:9423
71 GF Score
Price 円104.00
GF Value 円156.23
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Forval RealStraight Dividend Payout Ratio?

Forval RealStraight TSE:9423 71 Dividend Payout Ratio is 0.74 as of Mar. 2026, which is 42% above its 10-year median of 0.52. GuruFocus rates TSE:9423 with a GF Score™ of 71/100 and a GF Value™ of 円156.23 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 703 Real Estate companies, Forval RealStraight ranks worse than 71.55% 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. Forval RealStraight's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.74.

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

TSE:9423' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.52   Max: 1.26
Current: 0.67


During the past 13 years, the highest Dividend Payout Ratio of Forval RealStraight was 1.26. The lowest was 0.32. And the median was 0.52.

TSE:9423's Dividend Payout Ratio is ranked worse than
71.55% of 703 companies
in the Real Estate industry
Industry Median: 0.4 vs TSE:9423: 0.67

As of today (2026-07-15), the Dividend Yield % of Forval RealStraight is 2.69%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Forval RealStraight was 2.80%. The lowest was 0.75%. And the median was 1.75%.

Forval RealStraight's Dividends per Share for the months ended in Mar. 2026 was 円2.80.

During the past 12 months, Forval RealStraight's average Dividends Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Forval RealStraight was 17.00% per year. The lowest was 8.40% per year. And the median was 11.20% 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.


Forval RealStraight (TSE:9423) 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.


Forval RealStraight Dividend Payout Ratio Related Terms


Forval RealStraight Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Forval RealStraight'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.

Forval RealStraight Dividend Payout Ratio Chart

Forval RealStraight 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 1.26 0.50 0.47 0.78 0.64

Forval RealStraight 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 1.27 0.00 2.49 0.00 0.74

TSE:9423 vs CBRE, BEKE, JLL: Dividend Payout Ratio Comparison

For the Real Estate Services subindustry, Forval RealStraight'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.


Forval RealStraight Dividend Payout Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Forval RealStraight's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Forval RealStraight's Dividend Payout Ratio falls into.


TSE:9423
71GF Score
Forval RealStraight Inc TSE:9423
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forval RealStraight 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.

Forval RealStraight'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 )
=2.8/ 4.381
=0.64

Forval RealStraight'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 )
=2.8/ 3.763
=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?
Forval RealStraight (TSE:9423) 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 Forval RealStraight and its competitors. This is 42% above median its historical median of 0.52. Over the past decade, Forval RealStraight's Dividend Payout Ratio has ranged from 0.32 to 1.26. According to the industry distribution chart, Forval RealStraight ranks #503 out of 703 companies in the Real Estate industry, placing it in the top 71.6%.
Is Forval RealStraight's Dividend Payout Ratio too high?
Forval RealStraight's current Dividend Payout Ratio of 0.74 is 42% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.26. The Real Estate industry median Dividend Payout Ratio is 0.40. Forval RealStraight's value of 0.74 is 85% above this industry median. Based on the distribution chart, Forval RealStraight ranks #503 out of 703 companies in the Real Estate industry, which is below the industry midpoint. Overall, Forval RealStraight has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval RealStraight's Dividend Payout Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Forval RealStraight ranks #503 out of 703 companies for Dividend Payout Ratio. This places Forval RealStraight in the lower half of its industry. The industry median Dividend Payout Ratio is 0.40. Forval RealStraight's value of 0.74 is 85% above this benchmark. Historically, Forval RealStraight's own Dividend Payout Ratio has ranged from 0.32 to 1.26 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.40, Forval RealStraight 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 Real Estate company?
The median Dividend Payout Ratio among Real Estate companies is 0.40, based on 703 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. Forval RealStraight's current Dividend Payout Ratio of 0.74 is 85% 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 Forval RealStraight and its competitors. For the Real Estate industry, the median Dividend Payout Ratio is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval RealStraight's current Dividend Payout Ratio is 0.74, which is 42% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval RealStraight stock overvalued right now?
Based on GuruFocus' analysis, Forval RealStraight (TSE:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is 円156.23, compared to a current price of 円104.00 — trading 33.4% below its estimated fair value. The current Dividend Payout Ratio is 0.74, which is 42% above median its 10-year median of 0.52 and 85% above the Real Estate industry median of 0.40. Forval RealStraight's overall GF Score™ is 71/100 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 Forval RealStraight (TSE:9423), 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 Forval RealStraight (TSE:9423) Overvalued in 2026?

Based on GuruFocus' analysis, Forval RealStraight stock appears to be undervalued. The current stock price of 円104.00 is trading 33.4% below its estimated GF Value™ of 円156.23. GuruFocus considers Forval RealStraight to be Significantly Undervalued.

Key valuation signals for TSE:9423:

  • Dividend Payout Ratio: 0.74 (42% above median its 10-year median of 0.52)
  • GF Value™: 円156.23 vs. price of 円104.00 (33.4% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 85% above the Real Estate median (#503 of 703)

No single metric tells the full story. See the TSE:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forval RealStraight Business Description

Address 3-23-2 Kanda Jinbocho, Kinmei Building 4th Floor, Chiyoda-ku, Tokyo, JPN, 101-0051
Forval RealStraight Inc is a real estate service provider. The business of the company includes real estate brokerage, office relocation support services, and sales of OA communication equipment.
71GF Score

Get the complete analysis for TSE:9423

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

円104.00
Price
円156.23
GF Value