GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Home First Finance Co India Ltd (BOM:543259) » Definitions » 5-Year Yield-on-Cost %

Home First Finance Co India (BOM:543259) 5-Year Yield-on-Cost % : 0.32 (As of May. 26, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Home First Finance Co India 5-Year Yield-on-Cost %?

Home First Finance Co India's yield on cost for the quarter that ended in Mar. 2024 was 0.32.


The historical rank and industry rank for Home First Finance Co India's 5-Year Yield-on-Cost % or its related term are showing as below:

BOM:543259' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.38
Current: 0.32


During the past 7 years, Home First Finance Co India's highest Yield on Cost was 0.38. The lowest was 0.00. And the median was 0.00.


BOM:543259's 5-Year Yield-on-Cost % is ranked worse than
98.49% of 1194 companies
in the Banks industry
Industry Median: 5.015 vs BOM:543259: 0.32

Competitive Comparison of Home First Finance Co India's 5-Year Yield-on-Cost %

For the Mortgage Finance subindustry, Home First Finance Co India'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.


Home First Finance Co India's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Home First Finance Co India's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Home First Finance Co India's 5-Year Yield-on-Cost % falls into.



Home First Finance Co India 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 Home First Finance Co India is calculated as

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

Home First Finance Co India  (BOM:543259) 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.


Home First Finance Co India 5-Year Yield-on-Cost % Related Terms

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


Home First Finance Co India (BOM:543259) Business Description

Traded in Other Exchanges
Address
511, Acme Plaza, Andheri Kurla Road, Opposite Sangam Cinema, J B Nagar, Andheri (East), Mumbai, MH, IND, 400 059
Home First Finance Co India Ltd is an affordable housing finance company. The company is primarily engaged in the business of lending housing loans, loans to purchase commercial property, loans against property, and construction finance.

Home First Finance Co India (BOM:543259) Headlines

No Headlines