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Tomoe (TSE:1921) 5-Year Yield-on-Cost % : 5.31 (As of May. 26, 2024)


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

Tomoe's yield on cost for the quarter that ended in Dec. 2023 was 5.31.


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

TSE:1921' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.1   Med: 3.95   Max: 8.69
Current: 5.31


During the past 13 years, Tomoe's highest Yield on Cost was 8.69. The lowest was 2.10. And the median was 3.95.


TSE:1921's 5-Year Yield-on-Cost % is ranked better than
70.18% of 969 companies
in the Construction industry
Industry Median: 3.23 vs TSE:1921: 5.31

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

For the Engineering & Construction subindustry, Tomoe'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.


Tomoe's 5-Year Yield-on-Cost % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tomoe's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Tomoe 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 Tomoe is calculated as

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

Tomoe  (TSE:1921) 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.


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

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Tomoe (TSE:1921) Business Description

Traded in Other Exchanges
N/A
Address
4-16-13 Tsukishima, Chuo- ku, Tokyo, JPN, 104-0052
Tomoe Corp is engaged in the construction, steel structure, and real estate businesses in Japan. It is engaged in the design, manufacture, construction of three-dimensional structures, bridges, steel frames, steel towers, and planning, design, construction of general construction work. In Real estate business it is engaged in the real estate sales, management, leasing, and mediation of these.

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