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Geneva Finance (NZSE:GFL) 5-Year Yield-on-Cost % : 12.28 (As of May. 27, 2024)


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What is Geneva Finance 5-Year Yield-on-Cost %?

Geneva Finance's yield on cost for the quarter that ended in Sep. 2023 was 12.28.


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

NZSE:GFL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.05   Med: 7.99   Max: 17.7
Current: 12.28


During the past 13 years, Geneva Finance's highest Yield on Cost was 17.70. The lowest was 4.05. And the median was 7.99.


NZSE:GFL's 5-Year Yield-on-Cost % is ranked better than
90.82% of 207 companies
in the Credit Services industry
Industry Median: 4.21 vs NZSE:GFL: 12.28

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

For the Credit Services subindustry, Geneva Finance'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.


Geneva Finance's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Geneva Finance's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Geneva Finance 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 Geneva Finance is calculated as

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

Geneva Finance  (NZSE:GFL) 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.


Geneva Finance 5-Year Yield-on-Cost % Related Terms

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


Geneva Finance (NZSE:GFL) Business Description

Traded in Other Exchanges
N/A
Address
6B Pacific Rise, Mount Wellington, Panmure, Auckland, NZL, 1060
Geneva Finance Ltd is engaged in the provision of finance and financial services to the consumer credit markets. The company's operating segments are Corporate, New Business consumer finance, Insurance, Old Business consumer finance, Invoice Factoring, and Overseas. The New Business segment includes lending money to individuals, companies, and other entities. The Insurance segment issues temporary insurance contracts covering death, disablement, and redundancy risks and short-term motor vehicle contracts covering comprehensive, third-party, mechanical breakdown risk, and guaranteed asset protection. Its geographical segments are New Zealand and Tonga.