Forval Telecom (TSE:9445) Dividend Payout Ratio: 0.85 (As of Mar. 2026) — 85% Above Median

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TSE:9445 Forval Telecom Inc TSE:9445
71 GF Score
Price 円533.00
GF Value 円454.17
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Forval Telecom Dividend Payout Ratio?

Forval Telecom TSE:9445 71 Dividend Payout Ratio is 0.85 as of Mar. 2026, which is 85% above its 10-year median of 0.46. GuruFocus rates TSE:9445 with a GF Score™ of 71/100 and a GF Value™ of 円454.17 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 190 Telecommunication Services companies, Forval Telecom ranks better than 57.37% 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 Telecom's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.85.

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

TSE:9445' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.46   Max: 0.78
Current: 0.46

During the past 13 years, the highest Dividend Payout Ratio of Forval Telecom was 0.78. The lowest was 0.39. And the median was 0.46.

TSE:9445's Dividend Payout Ratio is ranked better than
57.37% of 190 companies
in the Telecommunication Services industry
Industry Median: 0.525 vs TSE:9445: 0.46

As of today (2026-09-09), the Dividend Yield % of Forval Telecom is 4.32%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Forval Telecom was 6.44%. The lowest was 1.40%. And the median was 4.26%.

Forval Telecom's Dividends per Share for the months ended in Mar. 2026 was 円13.00.

During the past 12 months, Forval Telecom's average Dividends Per Share Growth Rate was 15.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Forval Telecom was 23.30% per year. The lowest was 0.00% per year. And the median was 1.90% 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 Telecom (TSE:9445) 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 Telecom Dividend Payout Ratio Related Terms

Forval Telecom Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Forval Telecom'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 Telecom Dividend Payout Ratio Chart

Forval Telecom 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 0.42 0.78 0.46 0.46 0.41

Forval Telecom Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.57 0.00 0.85 0.00

TSE:9445 vs VZ, TMUS, T: Dividend Payout Ratio Comparison

For the Telecom Services subindustry, Forval Telecom'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 Telecom Dividend Payout Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Forval Telecom's Dividend Payout Ratio distribution charts can be found below:

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


TSE:9445
71GF Score
Forval Telecom Inc TSE:9445
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forval Telecom 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 Telecom'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 )
=23/ 56.329
=0.41

Forval Telecom'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 )
=13/ 15.299
=0.85

* 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 0.85 mean?
Forval Telecom (TSE:9445) has a Dividend Payout Ratio of 0.85 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Forval Telecom and its competitors. This is 85% above median its historical median of 0.46. Over the past decade, Forval Telecom's Dividend Payout Ratio has ranged from 0.39 to 0.78. According to the industry distribution chart, Forval Telecom ranks #81 out of 190 companies in the Telecommunication Services industry, placing it in the top 42.6%.
Is Forval Telecom's Dividend Payout Ratio too high?
Forval Telecom's current Dividend Payout Ratio of 0.85 is 85% above median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.78. The Telecommunication Services industry median Dividend Payout Ratio is 0.53. Forval Telecom's value of 0.85 is 61.9% above this industry median. Based on the distribution chart, Forval Telecom ranks #81 out of 190 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Forval Telecom has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forval Telecom's Dividend Payout Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Forval Telecom ranks #81 out of 190 companies for Dividend Payout Ratio. This puts Forval Telecom in the upper half of its industry. The industry median Dividend Payout Ratio is 0.53. Forval Telecom's value of 0.85 is 61.9% above this benchmark. Historically, Forval Telecom's own Dividend Payout Ratio has ranged from 0.39 to 0.78 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.53, Forval Telecom 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 Telecommunication Services company?
The median Dividend Payout Ratio among Telecommunication Services companies is 0.53, based on 190 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 Telecom's current Dividend Payout Ratio of 0.85 is 61.9% 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 Telecom and its competitors. For the Telecommunication Services industry, the median Dividend Payout Ratio is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval Telecom's current Dividend Payout Ratio is 0.85, which is 85% above median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval Telecom stock overvalued right now?
Based on GuruFocus' analysis, Forval Telecom (TSE:9445) is currently considered Modestly Overvalued. The stock's GF Value™ is 円454.17, compared to a current price of 円533.00 — trading 17.4% above its estimated fair value. The current Dividend Payout Ratio is 0.85, which is 85% above median its 10-year median of 0.46 and 61.9% above the Telecommunication Services industry median of 0.53. Forval Telecom'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 Telecom (TSE:9445), the current Dividend Payout Ratio is 0.85 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 Telecom (TSE:9445) Overvalued in 2026?

Based on GuruFocus' analysis, Forval Telecom stock appears to be overvalued. The current stock price of 円533.00 is trading 17.4% above its estimated GF Value™ of 円454.17. GuruFocus considers Forval Telecom to be Modestly Overvalued.

Key valuation signals for TSE:9445:

  • Dividend Payout Ratio: 0.85 (85% above median its 10-year median of 0.46)
  • GF Value™: 円454.17 vs. price of 円533.00 (17.4% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 61.9% above the Telecommunication Services median (#81 of 190)

No single metric tells the full story. See the TSE:9445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Forval Telecom Business Description

Address 3-26, Kanda-Nishikicho, HitotsubashiSI Bldg. 2F, Chiyoda-ku, Tokyo, JPN, 101-0054
Forval Telecom Inc provides telecommunications communication services and management consulting services in Japan. It provides discount international and domestic telephone and cellular phone services for the business and private sectors. It is also involved in the security certification acquisition consulting business.
71GF Score

Get the complete analysis for TSE:9445

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

円533.00
Price
円454.17
GF Value