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Choo Bee Metal Industries Bhd (XKLS:5797) 5-Year Yield-on-Cost % : 2.65 (As of May. 24, 2024)


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What is Choo Bee Metal Industries Bhd 5-Year Yield-on-Cost %?

Choo Bee Metal Industries Bhd's yield on cost for the quarter that ended in Dec. 2023 was 2.65.


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

XKLS:5797' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.33   Med: 3.21   Max: 6.6
Current: 2.65


During the past 13 years, Choo Bee Metal Industries Bhd's highest Yield on Cost was 6.60. The lowest was 1.33. And the median was 3.21.


XKLS:5797's 5-Year Yield-on-Cost % is ranked worse than
59.15% of 355 companies
in the Steel industry
Industry Median: 3.44 vs XKLS:5797: 2.65

Competitive Comparison of Choo Bee Metal Industries Bhd's 5-Year Yield-on-Cost %

For the Steel subindustry, Choo Bee Metal Industries Bhd'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.


Choo Bee Metal Industries Bhd's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Choo Bee Metal Industries Bhd's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Choo Bee Metal Industries Bhd's 5-Year Yield-on-Cost % falls into.



Choo Bee Metal Industries Bhd 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 Choo Bee Metal Industries Bhd is calculated as

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

Choo Bee Metal Industries Bhd  (XKLS:5797) 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.


Choo Bee Metal Industries Bhd 5-Year Yield-on-Cost % Related Terms

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Choo Bee Metal Industries Bhd (XKLS:5797) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Bendahara, Wisma Soon Teik Aun, Ipoh, PRK, MYS, 31650
Choo Bee Metal Industries Bhd is a Malaysian-based company engaged in the processing of steel coils into steel products, fabrication of steel products, and trading of hardware products. The firm manufactures steel products for oil and gas applications, building and construction industries, trading of hardware products, functioning as beams, channels, mild steel plates, flat bars, angle bars, stainless steel products, and other building materials, as well as provision of steel servicing, such as slitting and shearing of coils. The group is organized into trading and manufacturing segments in which Trading segments derive a majority of its revenue. Geographically, it derives the majority of its revenue from Malaysia.

Choo Bee Metal Industries Bhd (XKLS:5797) Headlines

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