GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gandhi Special Tubes Ltd (BOM:513108) » Definitions » 5-Year Yield-on-Cost %

Gandhi Special Tubes (BOM:513108) 5-Year Yield-on-Cost % : 1.40 (As of May. 01, 2024)


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

What is Gandhi Special Tubes 5-Year Yield-on-Cost %?

Gandhi Special Tubes's yield on cost for the quarter that ended in Dec. 2023 was 1.40.


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

BOM:513108' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.39   Med: 2.76   Max: 5.5
Current: 1.4


During the past 13 years, Gandhi Special Tubes's highest Yield on Cost was 5.50. The lowest was 1.39. And the median was 2.76.


BOM:513108's 5-Year Yield-on-Cost % is ranked worse than
62.41% of 1854 companies
in the Industrial Products industry
Industry Median: 2.05 vs BOM:513108: 1.40

Competitive Comparison of Gandhi Special Tubes's 5-Year Yield-on-Cost %

For the Metal Fabrication subindustry, Gandhi Special Tubes'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.


Gandhi Special Tubes's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gandhi Special Tubes's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Gandhi Special Tubes 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 Gandhi Special Tubes is calculated as

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

Gandhi Special Tubes  (BOM:513108) 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.


Gandhi Special Tubes 5-Year Yield-on-Cost % Related Terms

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


Gandhi Special Tubes (BOM:513108) Business Description

Traded in Other Exchanges
Address
55 Hughes Road, Next to Dharam Palace, 201-204, Plaza, 2nd Floor, Mumbai, MH, IND, 400007
Gandhi Special Tubes Ltd manufactures and markets welded and seamless steel tubes of different sizes and specifications, and cold-formed coupling nuts. The company is involved in manufacturing automobile components, cold-formed tube nuts for fuel injection tube assemblies, hydraulic and other tube assemblies. Its products include Welded Tubes, Seamless Tubes, Wind Power, and Cold Formed Nuts. Products of the firm are supplied to the original equipment manufacturers of the automotive sector, farm equipment manufacturers, construction equipment manufacturers, refrigerator manufacturers, and other engineering industries. It also operates in the power sector through windmills installed in Maharashtra and Gujarat.

Gandhi Special Tubes (BOM:513108) Headlines

No Headlines