First Tractor Co (FRA:FTP) Total Payout Ratio: 4.88 (As of Jul. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:FTP First Tractor Co Ltd FRA:FTP
61 GF Score
Price €0.94
GF Value €0.78
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is First Tractor Co Total Payout Ratio?

First Tractor Co FRA:FTP +6.82% 61 Total Payout Ratio is 4.88 as of Jul. 22, 2026. GuruFocus rates FRA:FTP with a GF Score™ of 61/100 and a GF Value™ of €0.78 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

First Tractor Co's current Total Payout Ratio is 4.88.


First Tractor Co Total Payout Ratio Related Terms


First Tractor Co Total Payout Ratio Historical Data

* Premium members only.

The historical data trend for First Tractor Co's Total 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.

First Tractor Co Total Payout Ratio Chart

First Tractor Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.29 0.27 0.40 0.52

First Tractor Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
Total 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 0.13 0.07 0.00 0.76 -0.15

FRA:FTP vs CAT, DE, PCAR: Total Payout Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, First Tractor Co's Total Payout Ratio, along with its competitors' market caps and Total 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.


First Tractor Co Total Payout Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, First Tractor Co's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Tractor Co's Total Payout Ratio falls into.


FRA:FTP
61GF Score
First Tractor Co Ltd FRA:FTP
Total Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Tractor Co Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

First Tractor Co's Total Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (0 + 0 + -50.824) / 98.451
=0.52

First Tractor Co's Total Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (0 + 0 + -3.211) / -22.096
=-0.15

* 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 Total Payout Ratio →
What does a Total Payout Ratio of 4.88 mean?
First Tractor Co (FRA:FTP) has a Total Payout Ratio of 4.88 as of Jul. 22, 2026. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on First Tractor Co and its competitors.
Is First Tractor Co's Total Payout Ratio too high?
First Tractor Co's current Total Payout Ratio is 4.88. Overall, First Tractor Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Tractor Co's Total Payout Ratio compare to CAT and DE?
First Tractor Co's Total Payout Ratio of 4.88 can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Payout Ratio for a Farm & Heavy Construction Machinery company?
A good Total Payout Ratio depends on the Farm & Heavy Construction Machinery industry context. However, Total 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 Total Payout Ratio mean?
A high Total Payout Ratio can signal that a stock is expensive relative to its fundamentals. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on First Tractor Co and its competitors. First Tractor Co's current Total Payout Ratio is 4.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Tractor Co stock overvalued right now?
Based on GuruFocus' analysis, First Tractor Co (FRA:FTP) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.78, compared to a current price of €0.94 — trading 20.5% above its estimated fair value. The current Total Payout Ratio is 4.88. First Tractor Co's overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Payout Ratio calculated?
Total Payout Ratio is calculated from a company's financial statements. For First Tractor Co (FRA:FTP), the current Total Payout Ratio is 4.88 as of Jul. 22, 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 First Tractor Co (FRA:FTP) Overvalued in 2026?

Based on GuruFocus' analysis, First Tractor Co stock appears to be overvalued. The current stock price of €0.94 is trading 20.5% above its estimated GF Value™ of €0.78. GuruFocus considers First Tractor Co to be Modestly Overvalued.

Key valuation signals for FRA:FTP:

  • Total Payout Ratio: 4.88
  • GF Value™: €0.78 vs. price of €0.94 (20.5% above fair value)
  • GF Score™: 61/100 with 7 warning signs

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


First Tractor Co Business Description

Other Exchanges 00038:Hong Kong601038:China
Address No. 154 Jianshe Road, Henan Province, Luoyang, CHN, 471004
First Tractor Co Ltd is an agricultural machinery and equipment manufacturing service provider in China. The company focuses on the R&D and manufacturing of medium and largesized tractors and their core components, accelerating the product upgrades towards high-end, intelligent and green technologies. The company has two reportable segments: agricultural machinery segment and power machinery segment. The agricultural machinery segment is responsible for the production and sales of agricultural tractors and harvesters. The power machinery segment is mainly responsible for the production and sales of diesel engines. The majority of the company's revenue is derived from the Agricultural machinery segment.
61GF Score

Get the complete analysis for FRA:FTP

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

€0.94
Price
€0.78
GF Value