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Noritake CoFRA:NO4 -5.43%78 5-Year Yield-on-Cost % is 12.70 as of Jul. 29, 2026, which is 6% above its 10-year median of 12.03. GuruFocus rates FRA:NO4 with a GF Score™ of 78/100 and a GF Value™ of €11.45 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 367 Conglomerates companies, Noritake Co ranks better than 89.37% on this metric.
Noritake Co's yield on cost for the quarter that ended in Mar. 2026 was 12.70.
The historical rank and industry rank for Noritake Co's 5-Year Yield-on-Cost % or its related term are showing as below:
FRA:NO4'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.42 Med: 12.03 Max: 21.97
Current: 12.7
During the past 13 years, Noritake Co's highest Yield on Cost was 21.97. The lowest was 4.42. And the median was 12.03.
FRA:NO4's 5-Year Yield-on-Cost % is ranked better than 89.37% of 367
companies
in the Conglomerates industry
Industry Median: 3.73
vs FRA:NO4: 12.70
Noritake Co (FRA:NO4) 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.
Noritake Co 5-Year Yield-on-Cost % Related Terms
FRA:NO4 vs MMM, HON: 5-Year Yield-on-Cost % Comparison
For the Conglomerates subindustry, Noritake Co'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.
Noritake Co 5-Year Yield-on-Cost % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Noritake Co's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Noritake Co's 5-Year Yield-on-Cost % falls into.
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 Noritake Co is calculated as
Noritake Co (FRA:NO4) has a 5-Year Yield-on-Cost % of 12.70 as of Jul. 29, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Noritake Co and its competitors. This is near median its historical median of 12.03. Over the past decade, Noritake Co's 5-Year Yield-on-Cost % has ranged from 4.42 to 21.97. According to the industry distribution chart, Noritake Co ranks #39 out of 367 companies in the Conglomerates industry, placing it in the top 10.6%.
Is Noritake Co's 5-Year Yield-on-Cost % too high?
Noritake Co's current 5-Year Yield-on-Cost % of 12.70 is near median its 10-year median of 12.03. Over the past 10 years, this metric has ranged from a low of 4.42 to a high of 21.97. The Conglomerates industry median 5-Year Yield-on-Cost % is 3.73. Noritake Co's value of 12.70 is 240.5% above this industry median. Based on the distribution chart, Noritake Co ranks #39 out of 367 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Noritake Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Noritake Co's 5-Year Yield-on-Cost % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Noritake Co ranks #39 out of 367 companies for 5-Year Yield-on-Cost %. This places Noritake Co in the top 11% of its industry — outperforming the majority of peers. The industry median 5-Year Yield-on-Cost % is 3.73. Noritake Co's value of 12.70 is 240.5% above this benchmark. Historically, Noritake Co's own 5-Year Yield-on-Cost % has ranged from 4.42 to 21.97 over the past decade. While the company's 10-year median is 12.03 vs. the industry median of 3.73, Noritake Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for a Conglomerates company?
The median 5-Year Yield-on-Cost % among Conglomerates companies is 3.73, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Noritake Co's current 5-Year Yield-on-Cost % of 12.70 is 240.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Noritake Co and its competitors. For the Conglomerates industry, the median 5-Year Yield-on-Cost % is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noritake Co's current 5-Year Yield-on-Cost % is 12.70, which is near median its own 10-year median of 12.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noritake Co stock overvalued right now?
Based on GuruFocus' analysis, Noritake Co (FRA:NO4) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.45, compared to a current price of €17.40 — trading 52% above its estimated fair value. The current 5-Year Yield-on-Cost % is 12.70, which is near median its 10-year median of 12.03 and 240.5% above the Conglomerates industry median of 3.73. Noritake Co's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Noritake Co (FRA:NO4), the current 5-Year Yield-on-Cost % is 12.70 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Noritake Co (FRA:NO4) Overvalued in 2026?
Based on GuruFocus' analysis, Noritake Co stock appears to be overvalued.
The current stock price of €17.40 is trading 52% above its estimated GF Value™ of €11.45.
GuruFocus considers Noritake Co to be Significantly Overvalued.
Key valuation signals for FRA:NO4:
5-Year Yield-on-Cost %: 12.70 (near median its 10-year median of 12.03)
GF Value™: €11.45 vs. price of €17.40 (52% above fair value)
Industry Position: 240.5% above the Conglomerates median (#39 of 367)
No single metric tells the full story. See the FRA:NO4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Noritake Co Ltd is engaged in manufacturing of grinding and polishing tools, electronic component materials and manufacturing equipment. The group has established four different business fields with the application and development of a variety of ceramics manufacturing technologies: Industrial Products, which supports industries with grinding wheels and diamond tools, Ceramics & Materials, which supplies ceramic raw materials to many kinds of manufacturers, Engineering which develops and proposes manufacturing equipment and technologies, and Tabletop, which offers tableware to create rich and luxurious dining.
78GF Score
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