GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nova Ltd (NAS:NVMI) » Definitions » 5-Year Yield-on-Cost %

Nova (NVMI) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 29, 2024)


View and export this data going back to 2000. Start your Free Trial

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

Nova's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



NVMI's 5-Year Yield-on-Cost % is not ranked *
in the Semiconductors industry.
Industry Median: 2
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Semiconductor Equipment & Materials subindustry, Nova'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.


Nova's 5-Year Yield-on-Cost % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nova's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Nova 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 Nova is calculated as

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

Nova  (NAS:NVMI) 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.


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

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


Nova (NVMI) Business Description

Traded in Other Exchanges
Address
5 David Fikes Street, Rehovot, ISR, 7632805
Nova Ltd is a semiconductor equipment manufacturer. The company provides metrology solutions for process control used in semiconductor manufacturing. The company offers in-line optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems. The product range consists of Nova 2040, Nova 3090Next, Nova i500 and i500 Plus, Nova T500, Nova T600, Nova V2600, HelioSense 100, Nova Hybrid Metrology solution, NovaMars. The company generates majority of its revenue from Taiwan, R.O.C. Geographically the company has its business spread across the region of Taiwan, Korea, China, the United States, and Europe.
Executives
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022