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Nippon Seiki Co (TSE:7287) 5-Year Yield-on-Cost % : 2.53 (As of May. 15, 2024)


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What is Nippon Seiki Co 5-Year Yield-on-Cost %?

Nippon Seiki Co's yield on cost for the quarter that ended in Dec. 2023 was 2.53.


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

TSE:7287' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.45   Med: 2.01   Max: 4.98
Current: 2.53


During the past 13 years, Nippon Seiki Co's highest Yield on Cost was 4.98. The lowest was 0.45. And the median was 2.01.


TSE:7287's 5-Year Yield-on-Cost % is ranked better than
50.62% of 802 companies
in the Vehicles & Parts industry
Industry Median: 2.5 vs TSE:7287: 2.53

Competitive Comparison of Nippon Seiki Co's 5-Year Yield-on-Cost %

For the Auto Parts subindustry, Nippon Seiki 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.


Nippon Seiki Co's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nippon Seiki Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Nippon Seiki 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 Nippon Seiki Co is calculated as

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

Nippon Seiki Co  (TSE:7287) 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.


Nippon Seiki Co 5-Year Yield-on-Cost % Related Terms

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Nippon Seiki Co (TSE:7287) Business Description

Traded in Other Exchanges
N/A
Address
Higashizao 2-34 2-chome, Nagaoka, Niigata, JPN, 940-8580
Nippon Seiki Co Ltd is a manufacturer of automobile components sold on aftermarkets. The range of products include instrument clusters for automobiles and motorcycles and other applications for head-up displays; level, revolution, pressure, and temperature sensors; household appliances, office and factory automation appliances; and passive LCD and OLED display products. On the aftermarkets, Nippon Seiki sells its product under its private label Defi. The company generates the majority of its revenue from automotive instruments, with a focus on Japan, the Americas, and the rest of Asia.

Nippon Seiki Co (TSE:7287) Headlines

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