Tubacex (FRA:TCX) 5-Year Yield-on-Cost % : 1.95 (As of Apr. 27, 2024)

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

Tubacex's yield on cost for the quarter that ended in Dec. 2023 was 1.95.

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

FRA:TCX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.7 Med: 1.59 Max: 4.8
Current: 1.95

During the past 13 years, Tubacex's highest Yield on Cost was 4.80. The lowest was 0.70. And the median was 1.59.

FRA:TCX's 5-Year Yield-on-Cost % is ranked worse than
66.48% of 358 companies
in the Steel industry
Industry Median: 3.47 vs FRA:TCX: 1.95

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

For the Steel subindustry, Tubacex'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.

Tubacex's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tubacex's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Tubacex 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 Tubacex is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Tubacex (FRA:TCX) 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.

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

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Tubacex (FRA:TCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tubacex SA (FRA:TCX) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

TUB:Mexico TUBe:UK TUB:Spain TCX:Germany

Address

Tres Cruces 8, PO Box 2201400, Llodio, ESP, 01400

Website

http://www.tubacex.com

Tubacex SA together with its subsidiaries, manufactures and markets stainless steel and high-nickel alloy tubes and pipes. The company's product portfolio includes hollow bars, steel and fittings products. It primarily serves oil and gas, petrochemical, chemical and power generation industries. It also devotes part of its production to the mechanical industry, aerospace, food, water desalination, electronics, capital goods and new technologies among other industries. Group has its industrial facilities in the Spain, Austria, the United States, Italy, India, and Thailand. Most of the revenue is generated through the sale of goods and rest from the rendering of services.