ESPEC (TSE:6859) 5-Year Yield-on-Cost % : 2.33 (As of May. 19, 2024)

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What is ESPEC 5-Year Yield-on-Cost %?

ESPEC's yield on cost for the quarter that ended in Dec. 2023 was 2.33.

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

TSE:6859' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.41 Med: 2.44 Max: 4.73
Current: 2.33

During the past 13 years, ESPEC's highest Yield on Cost was 4.73. The lowest was 1.41. And the median was 2.44.

TSE:6859's 5-Year Yield-on-Cost % is ranked worse than
54.7% of 1362 companies
in the Hardware industry
Industry Median: 2.735 vs TSE:6859: 2.33

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

For the Scientific & Technical Instruments subindustry, ESPEC'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.

ESPEC's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ESPEC's 5-Year Yield-on-Cost % distribution charts can be found below:

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

ESPEC 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 ESPEC is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

ESPEC (TSE:6859) 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.

ESPEC 5-Year Yield-on-Cost % Related Terms

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ESPEC (TSE:6859) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ESPEC Corp (TSE:6859) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-5-6, Tenjinbashi, Kita-Ku, Osaka, JPN, 530-8550

Website

http://www.espec.co.jp

ESPEC Corp is a Japanese manufacturer of environmental test chambers. It is engaged in the business divisions of Equipment business, Service business and Other business. In the Equipment business, the company offers environmental test chambers, secondary battery-related equipment, measurement and evaluation systems and semiconductor-related equipment. In the Service business, the entity offers after-sales service and engineering, laboratory testing services and other services. The organization offers its products in Japan and other countries.

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