GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chase Bright Steel Ltd (BOM:504671) » Definitions » 5-Year Yield-on-Cost %

Chase Bright Steel (BOM:504671) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 04, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Chase Bright Steel 5-Year Yield-on-Cost %?

Chase Bright Steel's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



BOM:504671's 5-Year Yield-on-Cost % is not ranked *
in the Steel industry.
Industry Median: 3.47
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Chase Bright Steel's 5-Year Yield-on-Cost %

For the Steel subindustry, Chase Bright Steel'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.


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

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

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



Chase Bright Steel 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 Chase Bright Steel is calculated as

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

Chase Bright Steel  (BOM:504671) 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.


Chase Bright Steel 5-Year Yield-on-Cost % Related Terms

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


Chase Bright Steel (BOM:504671) Business Description

Traded in Other Exchanges
N/A
Address
R-237, TTC Industrial Area, MIDC, Rabale, Navi Mumbai, MH, IND, 400701
Chase Bright Steel Ltd is a manufacturer of cold finished bright steel bars for the Indian and international markets. The company's product offerings include mild steel, alloy steel and stainless steel. The company has a single operating segment namely Bright Bars.

Chase Bright Steel (BOM:504671) Headlines

No Headlines