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Altech Batteries (FRA:A3Y) 5-Year Yield-on-Cost % : 0.00 (As of Dec. 14, 2024)


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What is Altech Batteries 5-Year Yield-on-Cost %?

Altech Batteries's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



FRA:A3Y's 5-Year Yield-on-Cost % is not ranked *
in the Chemicals industry.
Industry Median: 2.06
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Altech Batteries's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Altech Batteries'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.


Altech Batteries's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

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

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



Altech Batteries 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 Altech Batteries is calculated as

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

Altech Batteries  (FRA:A3Y) 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.


Altech Batteries 5-Year Yield-on-Cost % Related Terms

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Altech Batteries Business Description

Traded in Other Exchanges
Address
295 Rokeby Road, Suite 8, Subiaco, Perth, WA, AUS, 6008
Altech Batteries Ltd is a specialty battery technology company. It is engaged in commercializing the CERENERGY Sodium Chloride Solid State (SCSS) Battery project planned for the grid storage battery market, as well as its patented Silumina Anodes battery materials coating technology, which aims to increase the capacity of lithium-ion batteries by including high-purity alumina coated silicon and graphite in the anode of the battery. The company operates four reportable segments, being the development of Silumina Anodes, CERENERGY, High Purity Alumina (HPA), and Corporate which derives maximum revenue. Geographically, a majority of its revenue is derived from Australia, and the company also has a presence in Germany and Malaysia.

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