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NINtec Systems (BOM:539843) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 11, 2024)


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What is NINtec Systems 5-Year Yield-on-Cost %?

NINtec Systems's yield on cost for the quarter that ended in Sep. 2023 was 0.00.


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



BOM:539843's 5-Year Yield-on-Cost % is not ranked *
in the Software industry.
Industry Median: 2.235
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Information Technology Services subindustry, NINtec Systems'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.


NINtec Systems's 5-Year Yield-on-Cost % Distribution in the Software Industry

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

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



NINtec Systems 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 NINtec Systems is calculated as

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

NINtec Systems  (BOM:539843) 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.


NINtec Systems 5-Year Yield-on-Cost % Related Terms

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NINtec Systems (BOM:539843) Business Description

Traded in Other Exchanges
Address
S.G. Highway, B-11, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054
NINtec Systems Ltd is an offshore software development services and solutions company. The firm is involved in computer programming, consultancy, and related activities. The company provides services like Application Development and Maintenance, Strategic Offshore Software Product Development, Legacy System Development and Software Migration, and Search Engine Optimization. The firm specializes in areas of Dot Net Development, Game Development, PHP Development, ERP Wireless, Mobile and WAP Development. The group has also integrated cloud services into its existing business platform. The company serves industries such as Automotive, Print media and Publishing, Banking, Financial Services, and Insurance, and Transportation and Logistics sector.

NINtec Systems (BOM:539843) Headlines

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