NCS&A Co (TSE:9709) Dividend Payout Ratio: 0.47 (As of Mar. 2026) — 31% Above Median

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NCS&A Co Ltd TSE:9709

79 GF Score

Price 円1,310.00

GF Value 円1,052.55

Valuation Modestly Overvalued

1 Warning Sign

View Full Analysis

What is NCS&A Co Dividend Payout Ratio?

NCS&A Co TSE:9709 +0.31% 79 Dividend Payout Ratio is 0.47 as of Mar. 2026, which is 31% above its 10-year median of 0.36. GuruFocus rates TSE:9709 with a GF Score™ of 79/100 and a GF Value™ of 円1,052.55 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 870 Software companies, NCS&A Co ranks worse than 53.56% 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. NCS&A Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.47.

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

TSE:9709' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.36 Max: 0.62
Current: 0.44

During the past 13 years, the highest Dividend Payout Ratio of NCS&A Co was 0.62. The lowest was 0.30. And the median was 0.36.

TSE:9709's Dividend Payout Ratio is ranked worse than
53.56% of 870 companies
in the Software industry
Industry Median: 0.405 vs TSE:9709: 0.44

As of today (2026-07-14), the Dividend Yield % of NCS&A Co is 4.44%.

During the past 13 years, the highest Trailing Annual Dividend Yield of NCS&A Co was 5.04%. The lowest was 1.53%. And the median was 3.04%.

NCS&A Co's Dividends per Share for the months ended in Mar. 2026 was 円33.00.

During the past 12 months, NCS&A Co's average Dividends Per Share Growth Rate was 45.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 27.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 27.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 24.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NCS&A Co was 38.70% per year. The lowest was 0.00% per year. And the median was 22.40% 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.

NCS&A Co (TSE:9709) 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.

NCS&A Co Dividend Payout Ratio Related Terms

NCS&A Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for NCS&A 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.

NCS&A Co Dividend Payout Ratio Chart

NCS&A Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.32

0.36

0.38

0.31

0.44

NCS&A Co 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															0.72	0.00	0.42	0.40	0.47

TSE:9709 vs IBM, ACN, FISV: Dividend Payout Ratio Comparison

For the Information Technology Services subindustry, NCS&A 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.

NCS&A Co Dividend Payout Ratio vs Software Industry

For the Software industry and Technology sector, NCS&A Co's Dividend Payout Ratio distribution charts can be found below:

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

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79GF Score

NCS&A Co Ltd TSE:9709

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

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NCS&A Co Dividend Payout Ratio Calculation

NCS&A Co'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 )
	=	58	/	132.279
	=	0.44

NCS&A 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 )
	=	33	/	70.166
	=	0.47

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.47 mean?

NCS&A Co (TSE:9709) has a Dividend Payout Ratio of 0.47 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on NCS&A Co and its competitors. This is 31% above median its historical median of 0.36. Over the past decade, NCS&A Co's Dividend Payout Ratio has ranged from 0.30 to 0.62. According to the industry distribution chart, NCS&A Co ranks #466 out of 870 companies in the Software industry, placing it in the top 53.6%.

Is NCS&A Co's Dividend Payout Ratio too high?

NCS&A Co's current Dividend Payout Ratio of 0.47 is 31% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.62. The Software industry median Dividend Payout Ratio is 0.41. NCS&A Co's value of 0.47 is 16% above this industry median. Based on the distribution chart, NCS&A Co ranks #466 out of 870 companies in the Software industry, which is below the industry midpoint. Overall, NCS&A Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does NCS&A Co's Dividend Payout Ratio compare to IBM and ACN?

According to the Software industry distribution chart, NCS&A Co ranks #466 out of 870 companies for Dividend Payout Ratio. This places NCS&A Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. NCS&A Co's value of 0.47 is 16% above this benchmark. Historically, NCS&A Co's own Dividend Payout Ratio has ranged from 0.30 to 0.62 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.41, NCS&A Co 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 Software company?

The median Dividend Payout Ratio among Software companies is 0.41, based on 870 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. NCS&A Co's current Dividend Payout Ratio of 0.47 is 16% 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 NCS&A Co and its competitors. For the Software industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCS&A Co's current Dividend Payout Ratio is 0.47, which is 31% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NCS&A Co stock overvalued right now?

Based on GuruFocus' analysis, NCS&A Co (TSE:9709) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,052.55, compared to a current price of 円1,310.00 — trading 24.5% above its estimated fair value. The current Dividend Payout Ratio is 0.47, which is 31% above median its 10-year median of 0.36 and 16% above the Software industry median of 0.41. NCS&A Co's overall GF Score™ is 79/100 with 1 warning sign 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 NCS&A Co (TSE:9709), the current Dividend Payout Ratio is 0.47 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 NCS&A Co (TSE:9709) Overvalued in 2026?

Based on GuruFocus' analysis, NCS&A Co stock appears to be overvalued. The current stock price of 円1,310.00 is trading 24.5% above its estimated GF Value™ of 円1,052.55. GuruFocus considers NCS&A Co to be Modestly Overvalued.

Key valuation signals for TSE:9709:

Dividend Payout Ratio: 0.47 (31% above median its 10-year median of 0.36)
GF Value™: 円1,052.55 vs. price of 円1,310.00 (24.5% above fair value)
GF Score™: 79/100 with 1 warning sign
Industry Position: 16% above the Software median (#466 of 870)

No single metric tells the full story. See the TSE:9709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NCS&A Co Business Description

Industry Technology Software

Comparable Companies TSE:4498 TSE:4053 TSE:9408 TSE:3565 TSE:4783 TSE:3676 TSE:6050 TSE:4396 TSE:2335 TSE:3925 IBM NSE:TCS ACN NSE:INFY TSE:6702 TSE:6701 NSE:HCLTECH FISV XMAD:AMS FIS

Address 3-3-23 Nakanoshima, Kita-ku, Osaka, JPN, 530-6112

Website https://ncsa.jp

NCS&A Co Ltd provides information technology services focusing on information systems construction. It offers software development, systems design and development, software products, system equipment sales and maintenance services. The company also sells computer equipment and peripherals. It provides Visualization Solutions, Business Solutions, Security Solutions, Migration Services, Outsourcing Services, Cloud Services, Ai Tools and Services, Geospatial Information Software and others.

79GF Score

Get the complete analysis for TSE:9709

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

円1,310.00

Price

円1,052.55

GF Value

View TSE:9709 Analysis

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