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Fast Accounting Co (TSE:5588) 5-Year Yield-on-Cost % : 0.08 (As of Jun. 09, 2024)


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What is Fast Accounting Co 5-Year Yield-on-Cost %?

Fast Accounting Co's yield on cost for the quarter that ended in Mar. 2024 was 0.08.


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

TSE:5588' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.05   Med: 0.07   Max: 0.11
Current: 0.08


During the past 3 years, Fast Accounting Co's highest Yield on Cost was 0.11. The lowest was 0.05. And the median was 0.07.


TSE:5588's 5-Year Yield-on-Cost % is ranked worse than
97.91% of 955 companies
in the Software industry
Industry Median: 2.27 vs TSE:5588: 0.08

Competitive Comparison of Fast Accounting Co's 5-Year Yield-on-Cost %

For the Software - Infrastructure subindustry, Fast Accounting Co'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.


Fast Accounting Co's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, Fast Accounting Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Fast Accounting Co's 5-Year Yield-on-Cost % falls into.



Fast Accounting Co 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 Fast Accounting Co is calculated as

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

Fast Accounting Co  (TSE:5588) 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.


Fast Accounting Co 5-Year Yield-on-Cost % Related Terms

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Fast Accounting Co (TSE:5588) Business Description

Traded in Other Exchanges
N/A
Address
1-6-15 Hamamatsucho, VORT Hamamatsucho I 3rd Floor, Minato-ku, Tokyo, JPN, 105-0013
Fast Accounting Co Ltd is engaged in AI solution business specializing in the field of accounting. Its services include invoice Automation of input/confirmation, Automated invoice matching, Automate receipt input/confirmation, Automated receipt matching and others.

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