GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vardhman Special Steels Ltd (BOM:534392) » Definitions » 5-Year Yield-on-Cost %

Vardhman Special Steels (BOM:534392) 5-Year Yield-on-Cost % : 0.66 (As of Jun. 23, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Vardhman Special Steels 5-Year Yield-on-Cost %?

Vardhman Special Steels's yield on cost for the quarter that ended in Mar. 2024 was 0.66.


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

BOM:534392' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.53   Med: 0.86   Max: 1.45
Current: 0.66


During the past 13 years, Vardhman Special Steels's highest Yield on Cost was 1.45. The lowest was 0.53. And the median was 0.86.


BOM:534392's 5-Year Yield-on-Cost % is ranked worse than
85.92% of 348 companies
in the Steel industry
Industry Median: 3.42 vs BOM:534392: 0.66

Competitive Comparison of Vardhman Special Steels's 5-Year Yield-on-Cost %

For the Steel subindustry, Vardhman Special Steels'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.


Vardhman Special Steels's 5-Year Yield-on-Cost % Distribution in the Steel Industry

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

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



Vardhman Special Steels 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 Vardhman Special Steels is calculated as

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

Vardhman Special Steels  (BOM:534392) 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.


Vardhman Special Steels 5-Year Yield-on-Cost % Related Terms

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


Vardhman Special Steels (BOM:534392) Business Description

Traded in Other Exchanges
Address
Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141 010
Vardhman Special Steels Ltd is engaged in manufacturing steel bars and rods. The company caters to diverse requirements of hot-rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries. Its products include Carbon steel, Carbon manganese steel, Chrome steel, Chrome manganese steel, Chrome moly steel, Boron steel, Vanadium steel, and Ball bearing steel. The company manufactures products using techniques such as Steel melting, Rolling Mill, Heat treatment and Bright bar shop. It generates a majority of its revenue from the sale of black bars. The company's operations are mainly located within India.

Vardhman Special Steels (BOM:534392) Headlines

No Headlines