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Automotive Axles (BOM:505010) 5-Year Yield-on-Cost % : 0.97 (As of May. 29, 2024)


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What is Automotive Axles 5-Year Yield-on-Cost %?

Automotive Axles's yield on cost for the quarter that ended in Mar. 2024 was 0.97.


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

BOM:505010' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.03   Med: 0.4   Max: 4.16
Current: 0.97


During the past 13 years, Automotive Axles's highest Yield on Cost was 4.16. The lowest was 0.03. And the median was 0.40.


BOM:505010's 5-Year Yield-on-Cost % is ranked worse than
77.53% of 810 companies
in the Vehicles & Parts industry
Industry Median: 2.385 vs BOM:505010: 0.97

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

For the Auto Parts subindustry, Automotive Axles'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.


Automotive Axles's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Automotive Axles's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Automotive Axles 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 Automotive Axles is calculated as

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

Automotive Axles  (BOM:505010) 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.


Automotive Axles 5-Year Yield-on-Cost % Related Terms

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Automotive Axles (BOM:505010) Business Description

Traded in Other Exchanges
Address
Off Hunsur Road, Hootagalli Indsutrial Area, Mysore, KA, IND, 570 018
Automotive Axles Ltd is an India-based company engaged in the manufacturing and sale of automotive components. The company manufactures rear drive axle assemblies in India. It manufactures Drive axles, Non-drive axles, Front steer axles, Specialty and defense axles, and Drum and disc brakes. These products are provided to the domestic and global manufacturers of trucks and buses pertaining to segments such as light, medium, and heavy commercial vehicles, military and off-highway vehicles, aftermarket, and exports. The company operates in India.

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