Nikken Kogaku CoTSE:9767 -2.68%70 Dividend Payout Ratio is 0.24 as of Mar. 2026, which is 20% above its 10-year median of 0.20. GuruFocus rates TSE:9767 with a GF Score™ of 70/100 and a GF Value™ of 円1,573.15 (Fairly Valued). The stock has 2 warning signs investors should review. Among 861 Construction companies, Nikken Kogaku Co ranks better than 79.79% 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. Nikken Kogaku Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.24.
The historical rank and industry rank for Nikken Kogaku Co's Dividend Payout Ratio or its related term are showing as below:
TSE:9767'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.2 Max: 1.8
Current: 0.2
During the past 13 years, the highest Dividend Payout Ratio of Nikken Kogaku Co was 1.80. The lowest was 0.04. And the median was 0.20.
TSE:9767's Dividend Payout Ratio is ranked better than 79.79% of 861
companies
in the Construction industry
Industry Median: 0.39
vs TSE:9767: 0.20
During the past 5 years, the average Dividends Per Share Growth Rate was 6.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nikken Kogaku Co was 14.50% per year. The lowest was -30.70% per year. And the median was 0.00% 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.
Nikken Kogaku Co (TSE:9767) 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.
Nikken Kogaku Co Dividend Payout Ratio Related Terms
Nikken Kogaku Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Nikken Kogaku 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.
TSE:9767 vs TT, JCI, CARR: Dividend Payout Ratio Comparison
For the Building Products & Equipment subindustry, Nikken Kogaku 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.
Nikken Kogaku Co Dividend Payout Ratio vs Construction Industry
For the Construction industry and Industrials sector, Nikken Kogaku Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Nikken Kogaku Co's Dividend Payout Ratio falls into.
Nikken Kogaku 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.
Nikken Kogaku Co's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Nikken Kogaku Co (TSE:9767) has a Dividend Payout Ratio of 0.24 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nikken Kogaku Co and its competitors. This is 20% above median its historical median of 0.20. Over the past decade, Nikken Kogaku Co's Dividend Payout Ratio has ranged from 0.04 to 1.80. According to the industry distribution chart, Nikken Kogaku Co ranks #174 out of 861 companies in the Construction industry, placing it in the top 20.2%.
Is Nikken Kogaku Co's Dividend Payout Ratio too high?
Nikken Kogaku Co's current Dividend Payout Ratio of 0.24 is 20% above median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.80. The Construction industry median Dividend Payout Ratio is 0.39. Nikken Kogaku Co's value of 0.24 is 38.5% below this industry median. Based on the distribution chart, Nikken Kogaku Co ranks #174 out of 861 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nikken Kogaku Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nikken Kogaku Co's Dividend Payout Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Nikken Kogaku Co ranks #174 out of 861 companies for Dividend Payout Ratio. This places Nikken Kogaku Co in the top 20% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.39. Nikken Kogaku Co's value of 0.24 is 38.5% below this benchmark. Historically, Nikken Kogaku Co's own Dividend Payout Ratio has ranged from 0.04 to 1.80 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.39, Nikken Kogaku 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. Nikken Kogaku Co's current Dividend Payout Ratio of 0.24 is 38.5% 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 Nikken Kogaku 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. Nikken Kogaku Co's current Dividend Payout Ratio is 0.24, which is 20% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikken Kogaku Co stock overvalued right now?
Based on GuruFocus' analysis, Nikken Kogaku Co (TSE:9767) is currently considered Fairly Valued. The stock's GF Value™ is 円1,573.15, compared to a current price of 円1,451.00 — trading 7.8% below its estimated fair value. The current Dividend Payout Ratio is 0.24, which is 20% above median its 10-year median of 0.20 and 38.5% below the Construction industry median of 0.39. Nikken Kogaku Co's overall GF Score™ is 70/100 with 2 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 Nikken Kogaku Co (TSE:9767), the current Dividend Payout Ratio is 0.24 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 Nikken Kogaku Co (TSE:9767) Overvalued in 2026?
Based on GuruFocus' analysis, Nikken Kogaku Co stock appears to be undervalued.
The current stock price of 円1,451.00 is trading 7.8% below its estimated GF Value™ of 円1,573.15.
GuruFocus considers Nikken Kogaku Co to be Fairly Valued.
Key valuation signals for TSE:9767:
Dividend Payout Ratio: 0.24 (20% above median its 10-year median of 0.20)
GF Value™: 円1,573.15 vs. price of 円1,451.00 (7.8% below fair value)
Industry Position: 38.5% below the Construction median (#174 of 861)
No single metric tells the full story. See the TSE:9767 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nikken Kogaku Co Ltd develops a wide range of products and construction methods such as wave-blocking block, revetment block, natural stone construction method, and other civil engineering products. It primarily serves to the ministry of land, infrastructure, transport and tourism; local governments, construction companies, and construction consultants across Japan.
70GF Score
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