Elastron (ATH:ELSTR) 5-Year Yield-on-Cost % : 9.57 (As of Jun. 25, 2024)

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

Elastron's yield on cost for the quarter that ended in Jun. 2023 was 9.57.

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

ATH:ELSTR' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.02 Med: 8.48 Max: 12.42
Current: 9.57

During the past 13 years, Elastron's highest Yield on Cost was 12.42. The lowest was 1.02. And the median was 8.48.

ATH:ELSTR's 5-Year Yield-on-Cost % is ranked better than
80% of 350 companies
in the Steel industry
Industry Median: 3.445 vs ATH:ELSTR: 9.57

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

For the Steel subindustry, Elastron'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.

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

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

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

Elastron 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 Elastron is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Elastron (ATH:ELSTR) 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.

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

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

Elastron (ATH:ELSTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Elastron SA (ATH:ELSTR) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Agios Loannis Avenue, Aspropyrgos, GRC, 193 00

Website

http://www.elastron.gr

Elastron SA is a Greece based company engaged in importing, processing, and trading of steel, steel plates, iron and metal goods, and related goods. The business segments are Steel products, Energy segment, and Agricultural products. The company processes, produces and resells steel products and insulated composite panels in Steel products segment. Electrical energy segment includes production of electric energy from photovoltaic stations. Agricultural products segment consists production of agricultural products from glasshouse cultivations. The group generates majority of the revenue from the Steel products segment. It makes sales in Greece, and internationally, of which sales in Greece constitutes mainly to the revenue.

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