GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Grand Foundry Ltd (BOM:513343) » Definitions » 5-Year Yield-on-Cost %

Grand Foundry (BOM:513343) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 06, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Grand Foundry 5-Year Yield-on-Cost %?

Grand Foundry's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


The historical rank and industry rank for Grand Foundry's 5-Year Yield-on-Cost % or its related term are showing as below:



BOM:513343's 5-Year Yield-on-Cost % is not ranked *
in the Steel industry.
Industry Median: 3.36
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Grand Foundry's 5-Year Yield-on-Cost %

For the Steel subindustry, Grand Foundry's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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.


Grand Foundry's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Grand Foundry's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Grand Foundry's 5-Year Yield-on-Cost % falls into.



Grand Foundry 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Grand Foundry is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Grand Foundry  (BOM:513343) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Grand Foundry 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Grand Foundry's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Grand Foundry (BOM:513343) Business Description

Traded in Other Exchanges
Address
Sanjay Appa Chambers, 302, Cabin No.1, Plot No. 82 Behind Charat Singh Colony, Chakala Midc, Andheri East, MH, IND, 400093
Grand Foundry Ltd is engaged in the manufacturing of bright steel bars and wires. The company offers various heat treatment processes and supplies commercial lots of heat-treated bars to specific standards in the international market American, and German standards. Its products are utilized for various applications in the engineering industries, including petrochemical, oil and natural gas, and automotive industries.

Grand Foundry (BOM:513343) Headlines

No Headlines