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Happy Forgings (BOM:544057) 5-Year Yield-on-Cost % : 0.50 (As of May. 01, 2025)


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What is Happy Forgings 5-Year Yield-on-Cost %?

Happy Forgings's yield on cost for the quarter that ended in Dec. 2024 was 0.50.


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

BOM:544057' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.34   Med: 0.4   Max: 0.52
Current: 0.5


During the past 4 years, Happy Forgings's highest Yield on Cost was 0.52. The lowest was 0.34. And the median was 0.40.


BOM:544057's 5-Year Yield-on-Cost % is ranked worse than
85.25% of 1952 companies
in the Industrial Products industry
Industry Median: 2.2 vs BOM:544057: 0.50

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

For the Metal Fabrication subindustry, Happy Forgings'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.


Happy Forgings's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

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

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


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Happy Forgings 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 Happy Forgings is calculated as

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

Happy Forgings  (BOM:544057) 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.


Happy Forgings 5-Year Yield-on-Cost % Related Terms

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Happy Forgings Business Description

Traded in Other Exchanges
Address
H.B 220, Post Office - Rajgarh, Village Dugri, Ludhiana, PB, IND, 141 421
Happy Forgings Ltd is a manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs, and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies for different industries and customers. The Company business comprises only the Forging segment where the company sells forged products comprising of forgings and machined components for the automotive and industrial sectors. The company generates the majority of its revenue within India.

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