Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NikonNINOY 74 5-Year Yield-on-Cost % is 3.41 as of Jul. 21, 2026, which is 34% below its 10-year median of 5.14. GuruFocus rates NINOY with a GF Score™ of 74/100 and a GF Value™ of $10.90 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 412 Travel & Leisure companies, Nikon ranks better than 53.64% on this metric.
Nikon's yield on cost for the quarter that ended in Mar. 2026 was 3.41.
The historical rank and industry rank for Nikon's 5-Year Yield-on-Cost % or its related term are showing as below:
NINOY'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.39 Med: 5.14 Max: 12.56
Current: 3.41
During the past 13 years, Nikon's highest Yield on Cost was 12.56. The lowest was 1.39. And the median was 5.14.
NINOY's 5-Year Yield-on-Cost % is ranked better than 53.64% of 412
companies
in the Travel & Leisure industry
Industry Median: 3.07
vs NINOY: 3.41
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.
Nikon 5-Year Yield-on-Cost % Related Terms
NINOY vs AS, HAS, LTH: 5-Year Yield-on-Cost % Comparison
For the Leisure subindustry, Nikon'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.
Nikon 5-Year Yield-on-Cost % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Nikon's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Nikon'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 Nikon is calculated as
Nikon (NINOY) has a 5-Year Yield-on-Cost % of 3.41 as of Jul. 21, 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 Nikon and its competitors. This is 34% below median its historical median of 5.14. Over the past decade, Nikon's 5-Year Yield-on-Cost % has ranged from 1.39 to 12.56. According to the industry distribution chart, Nikon ranks #191 out of 412 companies in the Travel & Leisure industry, placing it in the top 46.4%.
Is Nikon's 5-Year Yield-on-Cost % too high?
Nikon's current 5-Year Yield-on-Cost % of 3.41 is 34% below median its 10-year median of 5.14. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 12.56. The Travel & Leisure industry median 5-Year Yield-on-Cost % is 3.07. Nikon's value of 3.41 is 11.1% above this industry median. Based on the distribution chart, Nikon ranks #191 out of 412 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Nikon has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikon's 5-Year Yield-on-Cost % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Nikon ranks #191 out of 412 companies for 5-Year Yield-on-Cost %. This puts Nikon in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 3.07. Nikon's value of 3.41 is 11.1% above this benchmark. Historically, Nikon's own 5-Year Yield-on-Cost % has ranged from 1.39 to 12.56 over the past decade. While the company's 10-year median is 5.14 vs. the industry median of 3.07, Nikon 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 Travel & Leisure company?
The median 5-Year Yield-on-Cost % among Travel & Leisure companies is 3.07, based on 412 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. Nikon's current 5-Year Yield-on-Cost % of 3.41 is 11.1% 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 Nikon and its competitors. For the Travel & Leisure industry, the median 5-Year Yield-on-Cost % is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikon's current 5-Year Yield-on-Cost % is 3.41, which is 34% below median its own 10-year median of 5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikon stock overvalued right now?
Based on GuruFocus' analysis, Nikon (NINOY) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.90, compared to a current price of $13.61 — trading 24.9% above its estimated fair value. The current 5-Year Yield-on-Cost % is 3.41, which is 34% below median its 10-year median of 5.14 and 11.1% above the Travel & Leisure industry median of 3.07. Nikon's overall GF Score™ is 74/100 with 9 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 Nikon (NINOY), the current 5-Year Yield-on-Cost % is 3.41 as of Jul. 21, 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 Nikon (NINOY) Overvalued in 2026?
Based on GuruFocus' analysis, Nikon stock appears to be overvalued.
The current stock price of $13.61 is trading 24.9% above its estimated GF Value™ of $10.90.
GuruFocus considers Nikon to be Modestly Overvalued.
Key valuation signals for NINOY:
5-Year Yield-on-Cost %: 3.41 (34% below median its 10-year median of 5.14)
GF Value™: $10.90 vs. price of $13.61 (24.9% above fair value)
Industry Position: 11.1% above the Travel & Leisure median (#191 of 412)
No single metric tells the full story. See the NINOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nikon Corp is a Japan-based precision optics and imaging company. The group operates across five business segments: Component Business, providing industrial microscopes, measuring instruments, X-ray/CT inspection systems, optical components, and engineering services; Digital Manufacturing Business, offering metal 3D printers, encoders, digital solutions, EUV- and space-related components, and FPD photomask substrates; Healthcare Business, delivering life science, eye-care, and cell contract manufacturing solutions; Precision Machinery Business, focused on FPD and semiconductor lithography equipment; and Video Business, engaged in interchangeable-lens digital cameras, compact digital cameras, and interchangeable lenses. It generates majority of its revenue from the Video Business segment.
74GF Score
Get the complete analysis for NINOY
5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NINOY has been successfully added to your 
