Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Stara Planina Holding ADXBUL:SPH 69 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates XBUL:SPH with a GF Score™ of 69/100 and a GF Value™ of €10.19 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,724 Industrial Products companies, Stara Planina Holding AD ranks better than 51.68% 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. Stara Planina Holding AD's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Stara Planina Holding AD's Dividend Payout Ratio or its related term are showing as below:
XBUL:SPH'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.47 Max: 0.85
Current: 0.36
During the past 13 years, the highest Dividend Payout Ratio of Stara Planina Holding AD was 0.85. The lowest was 0.30. And the median was 0.47.
XBUL:SPH's Dividend Payout Ratio is ranked better than 51.68% of 1724
companies
in the Industrial Products industry
Industry Median: 0.37
vs XBUL:SPH: 0.36
During the past 13 years, the highest Trailing Annual Dividend Yield of Stara Planina Holding AD was 3.48%. The lowest was 1.27%. And the median was 1.72%.
During the past 3 years, the average Dividends Per Share Growth Rate was 1.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 6.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 8.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Stara Planina Holding AD was 135.90% per year. The lowest was 1.90% per year. And the median was 8.80% 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.
Stara Planina Holding AD (XBUL:SPH) 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.
Stara Planina Holding AD Dividend Payout Ratio Related Terms
Stara Planina Holding AD Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Stara Planina Holding AD'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.
Stara Planina Holding AD Dividend Payout Ratio Chart
XBUL:SPH vs GEV, ETN, PH: Dividend Payout Ratio Comparison
For the Specialty Industrial Machinery subindustry, Stara Planina Holding AD'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.
Stara Planina Holding AD Dividend Payout Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Stara Planina Holding AD's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Stara Planina Holding AD's Dividend Payout Ratio falls into.
Stara Planina Holding AD 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.
Stara Planina Holding AD's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 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.
Stara Planina Holding AD (XBUL:SPH) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Stara Planina Holding AD and its competitors. Over the past decade, Stara Planina Holding AD's Dividend Payout Ratio has ranged from 0.30 to 0.85. According to the industry distribution chart, Stara Planina Holding AD ranks #833 out of 1724 companies in the Industrial Products industry, placing it in the top 48.3%.
Is Stara Planina Holding AD's Dividend Payout Ratio too high?
Stara Planina Holding AD's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.85. Based on the distribution chart, Stara Planina Holding AD ranks #833 out of 1724 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Stara Planina Holding AD has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stara Planina Holding AD's Dividend Payout Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Stara Planina Holding AD ranks #833 out of 1724 companies for Dividend Payout Ratio. This puts Stara Planina Holding AD in the upper half of its industry. The industry median Dividend Payout Ratio is 0.37. Historically, Stara Planina Holding AD's own Dividend Payout Ratio has ranged from 0.30 to 0.85 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 Industrial Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,724 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 Stara Planina Holding AD and its competitors. For the Industrial Products industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stara Planina Holding AD'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 Stara Planina Holding AD stock overvalued right now?
Based on GuruFocus' analysis, Stara Planina Holding AD (XBUL:SPH) is currently considered Significantly Undervalued. The stock's GF Value™ is €10.19, compared to a current price of €4.64 — trading 54.5% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Stara Planina Holding AD's overall GF Score™ is 69/100 with 5 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 Stara Planina Holding AD (XBUL:SPH), the current Dividend Payout Ratio is 0.00 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 Stara Planina Holding AD (XBUL:SPH) Overvalued in 2026?
Based on GuruFocus' analysis, Stara Planina Holding AD stock appears to be undervalued.
The current stock price of €4.64 is trading 54.5% below its estimated GF Value™ of €10.19.
GuruFocus considers Stara Planina Holding AD to be Significantly Undervalued.
Key valuation signals for XBUL:SPH:
Dividend Payout Ratio: 0.00
GF Value™: €10.19 vs. price of €4.64 (54.5% below fair value)
No single metric tells the full story. See the XBUL:SPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stara Planina Holding AD is a holding company. The company is engaged in the acquisition, management, evaluation, and sale of shareholdings in Bulgarian and foreign companies; acquisition, management, and sale of bonds, evaluation and sale of patents, transfer of licenses for the use of patents, belonging to companies where the holding company has participation; financing companies where the holding company has participations; other commercial operations, except those prohibited by law. The investment portfolio of the holding is distributed mainly in the following industries, Machine Building; Electrical Engineering, Light Industry, and Financial.
69GF Score
Get the complete analysis for XBUL:SPH
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XBUL:SPH has been successfully added to your 
