GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Precision Tsugami (China) Corp Ltd (HKSE:01651) » Definitions » 5-Year Yield-on-Cost %

Precision Tsugami (China) (HKSE:01651) 5-Year Yield-on-Cost % : 8.15 (As of May. 13, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Precision Tsugami (China) 5-Year Yield-on-Cost %?

Precision Tsugami (China)'s yield on cost for the quarter that ended in Sep. 2023 was 8.15.


The historical rank and industry rank for Precision Tsugami (China)'s 5-Year Yield-on-Cost % or its related term are showing as below:

HKSE:01651' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.63   Med: 5.1   Max: 10.79
Current: 8.15


During the past 9 years, Precision Tsugami (China)'s highest Yield on Cost was 10.79. The lowest was 2.63. And the median was 5.10.


HKSE:01651's 5-Year Yield-on-Cost % is ranked better than
91.32% of 1855 companies
in the Industrial Products industry
Industry Median: 2.01 vs HKSE:01651: 8.15

Competitive Comparison of Precision Tsugami (China)'s 5-Year Yield-on-Cost %

For the Tools & Accessories subindustry, Precision Tsugami (China)'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.


Precision Tsugami (China)'s 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precision Tsugami (China)'s 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Precision Tsugami (China)'s 5-Year Yield-on-Cost % falls into.



Precision Tsugami (China) 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 Precision Tsugami (China) is calculated as

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

Precision Tsugami (China)  (HKSE:01651) 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.


Precision Tsugami (China) 5-Year Yield-on-Cost % Related Terms

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


Precision Tsugami (China) (HKSE:01651) Business Description

Traded in Other Exchanges
N/A
Address
No. 2001 Pingcheng Road, Pinghu Economic-Technological Development Zone, Zhejiang Province, Pinghu, CHN, 314200
Precision Tsugami (China) Corp Ltd is engaged in the manufacturing and distribution of computer numerical control (CNC) high precision machine tools; and the provision of commercial consultation services. It manufactures and sells CNC machine tools including Precision lathes, Precision machining centres, Precision thread and form rolling machines and Precision grinding machines under the TSUGAMI brand. The company only has one reportable operating segment which is the manufacture and sale of high precision CNC machine tools. Its products are mainly for the Chinese market and are also sold to Japan, Europe, the US, Southeast Asia and other countries.

Precision Tsugami (China) (HKSE:01651) Headlines

No Headlines