GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » St Shine Optical Co Ltd (ROCO:1565) » Definitions » 5-Year Yield-on-Cost %

St Shine Optical Co (ROCO:1565) 5-Year Yield-on-Cost % : 3.49 (As of Apr. 28, 2024)


View and export this data going back to 2004. Start your Free Trial

What is St Shine Optical Co 5-Year Yield-on-Cost %?

St Shine Optical Co's yield on cost for the quarter that ended in Dec. 2023 was 3.49.


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

ROCO:1565' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.85   Med: 2.07   Max: 4.69
Current: 3.49


During the past 13 years, St Shine Optical Co's highest Yield on Cost was 4.69. The lowest was 0.85. And the median was 2.07.


ROCO:1565's 5-Year Yield-on-Cost % is ranked better than
64.31% of 311 companies
in the Medical Devices & Instruments industry
Industry Median: 2.17 vs ROCO:1565: 3.49

Competitive Comparison of St Shine Optical Co's 5-Year Yield-on-Cost %

For the Medical Instruments & Supplies subindustry, St Shine Optical 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.


St Shine Optical Co's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, St Shine Optical Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



St Shine Optical 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 St Shine Optical Co is calculated as

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

St Shine Optical Co  (ROCO:1565) 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.


St Shine Optical Co 5-Year Yield-on-Cost % Related Terms

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


St Shine Optical Co (ROCO:1565) Business Description

Traded in Other Exchanges
N/A
Address
Ta Tung Road, 5th Floor, No.276, Section 1, Hsi Chih District, New Taipei, TWN, 22146
St Shine Optical Co Ltd is a contact lens manufacturer and one of the largest suppliers of contact lenses in Taiwan. The company primarily sells soft contact lenses, including daily disposable, frequent replacement spherical, frequent replacement toric, colored, and silicone hydrogel lenses. Its frequent replacement portfolio includes weekly, monthly, and quarterly replacement lenses with a range of water contents. St Shine manufactures its lenses with a cast-molding technology developed in-house and uses a computerized lathe cut system to manufacture progressive multifocal lenses used to correct presbyopia. It operates in two segments: Cast molding lenses and Others.

St Shine Optical Co (ROCO:1565) Headlines

No Headlines