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Theeb Car Rental Co (SAU:4261) 5-Year Yield-on-Cost % : 2.47 (As of May. 12, 2024)


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What is Theeb Car Rental Co 5-Year Yield-on-Cost %?

Theeb Car Rental Co's yield on cost for the quarter that ended in Dec. 2023 was 2.47.


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

SAU:4261' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.68   Med: 2.59   Max: 3.51
Current: 2.47


During the past 4 years, Theeb Car Rental Co's highest Yield on Cost was 3.51. The lowest was 0.68. And the median was 2.59.


SAU:4261's 5-Year Yield-on-Cost % is ranked worse than
64.97% of 588 companies
in the Business Services industry
Industry Median: 3.475 vs SAU:4261: 2.47

Competitive Comparison of Theeb Car Rental Co's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, Theeb Car Rental 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.


Theeb Car Rental Co's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Theeb Car Rental Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Theeb Car Rental 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 Theeb Car Rental Co is calculated as

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

Theeb Car Rental Co  (SAU:4261) 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.


Theeb Car Rental Co 5-Year Yield-on-Cost % Related Terms

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Theeb Car Rental Co (SAU:4261) Business Description

Traded in Other Exchanges
N/A
Address
North Ring Road, between Exit 12 and 13, P.O. Box 9551, Al Rawda District, Riyadh, SAU, 11423
Theeb Car Rental Co is engaged in car rental and leasing. It operates in three segments namely: Short term lease; Long term lease; and Other. Short term lease segment represents activities involving the leasing of cars to customers under short-term rental arrangements (daily and monthly). Long term lease segment represents activities involving the leasing of cars to customers under medium to longer-term operating lease arrangements. Car sales (others) represents the sales of vehicles that were previously held as a part of the lease or rental fleet. Majority of revenue is generated from Short term lease.

Theeb Car Rental Co (SAU:4261) Headlines

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