Keiyo Gas Co (TSE:9539) Dividend Payout Ratio: 0.00 (As of Dec. 2025)

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TSE:9539 Keiyo Gas Co Ltd TSE:9539
66 GF Score
Price 円1,476.00
GF Value 円889.63
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Keiyo Gas Co Dividend Payout Ratio?

Keiyo Gas Co TSE:9539 -1.53% 66 Dividend Payout Ratio is 0.00 as of Dec. 2025. GuruFocus rates TSE:9539 with a GF Score™ of 66/100 and a GF Value™ of 円889.63 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 375 Utilities - Regulated companies, Keiyo Gas Co ranks better than 97.33% 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. Keiyo Gas Co's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.00.

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

TSE:9539' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.17   Max: 1.54
Current: 0.08

During the past 13 years, the highest Dividend Payout Ratio of Keiyo Gas Co was 1.54. The lowest was 0.08. And the median was 0.17.

TSE:9539's Dividend Payout Ratio is ranked better than
97.33% of 375 companies
in the Utilities - Regulated industry
Industry Median: 0.54 vs TSE:9539: 0.08

As of today (2026-07-15), the Dividend Yield % of Keiyo Gas Co is 1.63%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Keiyo Gas Co was 2.60%. The lowest was 0.73%. And the median was 1.63%.

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

During the past 12 months, Keiyo Gas Co's average Dividends Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Keiyo Gas Co was 22.40% per year. The lowest was -12.60% per year. And the median was 3.20% 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.

Keiyo Gas Co (TSE:9539) 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.

Keiyo Gas Co Dividend Payout Ratio Related Terms

Keiyo Gas Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Keiyo Gas 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.

Keiyo Gas Co Dividend Payout Ratio Chart

Keiyo Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 1.54 0.28 0.42 0.22

Keiyo Gas Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 0.20 0.00 0.00 0.00

TSE:9539 vs ATO, NI: Dividend Payout Ratio Comparison

For the Utilities - Regulated Gas subindustry, Keiyo Gas 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.

Keiyo Gas Co Dividend Payout Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Keiyo Gas Co's Dividend Payout Ratio distribution charts can be found below:

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


TSE:9539
66GF Score
Keiyo Gas Co Ltd TSE:9539
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keiyo Gas 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.

Keiyo Gas Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=22/ 101.449
=0.22

Keiyo Gas 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

* 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 0.00 mean?
Keiyo Gas Co (TSE:9539) 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 Keiyo Gas Co and its competitors. Over the past decade, Keiyo Gas Co's Dividend Payout Ratio has ranged from 0.08 to 1.54. According to the industry distribution chart, Keiyo Gas Co ranks #10 out of 375 companies in the Utilities - Regulated industry, placing it in the top 2.7%.
Is Keiyo Gas Co's Dividend Payout Ratio too high?
Keiyo Gas Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.54. Based on the distribution chart, Keiyo Gas Co ranks #10 out of 375 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Keiyo Gas Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keiyo Gas Co's Dividend Payout Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Keiyo Gas Co ranks #10 out of 375 companies for Dividend Payout Ratio. This places Keiyo Gas Co in the top 3% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.54. Historically, Keiyo Gas Co's own Dividend Payout Ratio has ranged from 0.08 to 1.54 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 an Utilities - Regulated company?
The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 375 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 Keiyo Gas Co and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keiyo Gas 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 Keiyo Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Keiyo Gas Co (TSE:9539) is currently considered Significantly Overvalued. The stock's GF Value™ is 円889.63, compared to a current price of 円1,476.00 — trading 65.9% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Keiyo Gas Co's overall GF Score™ is 66/100 with 8 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 Keiyo Gas Co (TSE:9539), 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 Keiyo Gas Co (TSE:9539) Overvalued in 2026?

Based on GuruFocus' analysis, Keiyo Gas Co stock appears to be overvalued. The current stock price of 円1,476.00 is trading 65.9% above its estimated GF Value™ of 円889.63. GuruFocus considers Keiyo Gas Co to be Significantly Overvalued.

Key valuation signals for TSE:9539:

  • Dividend Payout Ratio: 0.00
  • GF Value™: 円889.63 vs. price of 円1,476.00 (65.9% above fair value)
  • GF Score™: 66/100 with 8 warning signs

No single metric tells the full story. See the TSE:9539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Keiyo Gas Co Business Description

Address 2-8-8 Minami Ichikawa, Chiba Prefecture, Ichikawa, JPN, 272-8580
Keiyo Gas Co Ltd is engaged in gas business. The company produces, process and sells gas byproducts. It is also engaged in production, sales, rental, installation, repair, maintenance and management of gas appliances, kitchen equipment, water supply, and drainage equipment, air conditioning equipment and housing equipment.
66GF Score

Get the complete analysis for TSE:9539

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

円1,476.00
Price
円889.63
GF Value