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Millat TractorsKAR:MTL +0.27%73 5-Year Yield-on-Cost % is 15.31 as of Aug. 07, 2026, which is 22% below its 10-year median of 19.57. GuruFocus rates KAR:MTL with a GF Score™ of 73/100 and a GF Value™ of ₨149.52 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 137 Farm & Heavy Construction Machinery companies, Millat Tractors ranks better than 90.51% on this metric.
Millat Tractors's yield on cost for the quarter that ended in Mar. 2026 was 15.31.
The historical rank and industry rank for Millat Tractors's 5-Year Yield-on-Cost % or its related term are showing as below:
KAR:MTL'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 8.03 Med: 19.57 Max: 43.31
Current: 15.31
During the past 13 years, Millat Tractors's highest Yield on Cost was 43.31. The lowest was 8.03. And the median was 19.57.
KAR:MTL's 5-Year Yield-on-Cost % is ranked better than 90.51% of 137
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.83
vs KAR:MTL: 15.31
Millat Tractors (KAR:MTL) 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.
Millat Tractors 5-Year Yield-on-Cost % Related Terms
KAR:MTL vs CAT, DE, PCAR: 5-Year Yield-on-Cost % Comparison
For the Farm & Heavy Construction Machinery subindustry, Millat Tractors'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.
Millat Tractors 5-Year Yield-on-Cost % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Millat Tractors's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Millat Tractors's 5-Year Yield-on-Cost % falls into.
Millat Tractors 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 Millat Tractors is calculated as
Millat Tractors (KAR:MTL) has a 5-Year Yield-on-Cost % of 15.31 as of Aug. 07, 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 Millat Tractors and its competitors. This is 22% below median its historical median of 19.57. Over the past decade, Millat Tractors' 5-Year Yield-on-Cost % has ranged from 8.03 to 43.31. According to the industry distribution chart, Millat Tractors ranks #13 out of 137 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 9.5%.
Is Millat Tractors' 5-Year Yield-on-Cost % too high?
Millat Tractors' current 5-Year Yield-on-Cost % of 15.31 is 22% below median its 10-year median of 19.57. Over the past 10 years, this metric has ranged from a low of 8.03 to a high of 43.31. The Farm & Heavy Construction Machinery industry median 5-Year Yield-on-Cost % is 2.83. Millat Tractors' value of 15.31 is 441% above this industry median. Based on the distribution chart, Millat Tractors ranks #13 out of 137 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Millat Tractors has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millat Tractors' 5-Year Yield-on-Cost % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Millat Tractors ranks #13 out of 137 companies for 5-Year Yield-on-Cost %. This places Millat Tractors in the top 10% of its industry — outperforming the majority of peers. The industry median 5-Year Yield-on-Cost % is 2.83. Millat Tractors' value of 15.31 is 441% above this benchmark. Historically, Millat Tractors' own 5-Year Yield-on-Cost % has ranged from 8.03 to 43.31 over the past decade. While the company's 10-year median is 19.57 vs. the industry median of 2.83, Millat Tractors 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 Farm & Heavy Construction Machinery company?
The median 5-Year Yield-on-Cost % among Farm & Heavy Construction Machinery companies is 2.83, based on 137 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. Millat Tractors's current 5-Year Yield-on-Cost % of 15.31 is 441% 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 Millat Tractors and its competitors. For the Farm & Heavy Construction Machinery industry, the median 5-Year Yield-on-Cost % is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millat Tractors's current 5-Year Yield-on-Cost % is 15.31, which is 22% below median its own 10-year median of 19.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millat Tractors stock overvalued right now?
Based on GuruFocus' analysis, Millat Tractors (KAR:MTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨149.52, compared to a current price of ₨311.28 — trading 108.2% above its estimated fair value. The current 5-Year Yield-on-Cost % is 15.31, which is 22% below median its 10-year median of 19.57 and 441% above the Farm & Heavy Construction Machinery industry median of 2.83. Millat Tractors' overall GF Score™ is 73/100 with 6 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 Millat Tractors (KAR:MTL), the current 5-Year Yield-on-Cost % is 15.31 as of Aug. 07, 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 Millat Tractors (KAR:MTL) Overvalued in 2026?
Based on GuruFocus' analysis, Millat Tractors stock appears to be overvalued.
The current stock price of ₨311.28 is trading 108.2% above its estimated GF Value™ of ₨149.52.
GuruFocus considers Millat Tractors to be Significantly Overvalued.
Key valuation signals for KAR:MTL:
5-Year Yield-on-Cost %: 15.31 (22% below median its 10-year median of 19.57)
GF Value™: ₨149.52 vs. price of ₨311.28 (108.2% above fair value)
Industry Position: 441% above the Farm & Heavy Construction Machinery median (#13 of 137)
No single metric tells the full story. See the KAR:MTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millat Tractors Ltd operates in the automobile sector. It is engaged in assembling and manufacturing of agricultural tractors, implements and multi-application products. The Company is also involved in the sale, implementation and support of IFS applications in Pakistan and abroad. The company's operating segment includes Tractors; Tractor components; Castings and Others. It generates maximum revenue from the Tractors segment. The tractor components segment is engaged in the business of manufacturing automotive, agricultural and industrial vehicle parts and components.
73GF Score
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5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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