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Bharat ElectronicsNSE:BEL +0.84%97 5-Year Yield-on-Cost % is 2.26 as of Aug. 11, 2026, which is 46% below its 10-year median of 4.21. GuruFocus rates NSE:BEL with a GF Score™ of 97/100 and a GF Value™ of ₹430.62 (Fairly Valued). Among 172 Aerospace & Defense companies, Bharat Electronics ranks better than 71.51% on this metric.
Bharat Electronics's yield on cost for the quarter that ended in Jun. 2026 was 2.26.
The historical rank and industry rank for Bharat Electronics's 5-Year Yield-on-Cost % or its related term are showing as below:
NSE:BEL'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.28 Med: 4.21 Max: 20.31
Current: 2.26
During the past 13 years, Bharat Electronics's highest Yield on Cost was 20.31. The lowest was 1.28. And the median was 4.21.
NSE:BEL's 5-Year Yield-on-Cost % is ranked better than 71.51% of 172
companies
in the Aerospace & Defense industry
Industry Median: 1.05
vs NSE:BEL: 2.26
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.
Bharat Electronics 5-Year Yield-on-Cost % Related Terms
NSE:BEL vs SPCX, GE, RTX: 5-Year Yield-on-Cost % Comparison
For the Aerospace & Defense subindustry, Bharat Electronics'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.
Bharat Electronics 5-Year Yield-on-Cost % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Bharat Electronics's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Bharat Electronics'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.
Bharat Electronics (NSE:BEL) has a 5-Year Yield-on-Cost % of 2.26 as of Aug. 11, 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 Bharat Electronics and its competitors. This is 46% below median its historical median of 4.21. Over the past decade, Bharat Electronics' 5-Year Yield-on-Cost % has ranged from 1.28 to 20.31. According to the industry distribution chart, Bharat Electronics ranks #49 out of 172 companies in the Aerospace & Defense industry, placing it in the top 28.5%.
Is Bharat Electronics' 5-Year Yield-on-Cost % too high?
Bharat Electronics' current 5-Year Yield-on-Cost % of 2.26 is 46% below median its 10-year median of 4.21. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 20.31. The Aerospace & Defense industry median 5-Year Yield-on-Cost % is 1.05. Bharat Electronics' value of 2.26 is 115.2% above this industry median. Based on the distribution chart, Bharat Electronics ranks #49 out of 172 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Bharat Electronics has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Electronics' 5-Year Yield-on-Cost % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Bharat Electronics ranks #49 out of 172 companies for 5-Year Yield-on-Cost %. This puts Bharat Electronics in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 1.05. Bharat Electronics' value of 2.26 is 115.2% above this benchmark. Historically, Bharat Electronics' own 5-Year Yield-on-Cost % has ranged from 1.28 to 20.31 over the past decade. While the company's 10-year median is 4.21 vs. the industry median of 1.05, Bharat Electronics 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 an Aerospace & Defense company?
The median 5-Year Yield-on-Cost % among Aerospace & Defense companies is 1.05, based on 172 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. Bharat Electronics's current 5-Year Yield-on-Cost % of 2.26 is 115.2% 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 Bharat Electronics and its competitors. For the Aerospace & Defense industry, the median 5-Year Yield-on-Cost % is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Electronics's current 5-Year Yield-on-Cost % is 2.26, which is 46% below median its own 10-year median of 4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Electronics stock overvalued right now?
Based on GuruFocus' analysis, Bharat Electronics (NSE:BEL) is currently considered Fairly Valued. The stock's GF Value™ is ₹430.62, compared to a current price of ₹404.35 — trading 6.1% below its estimated fair value. The current 5-Year Yield-on-Cost % is 2.26, which is 46% below median its 10-year median of 4.21 and 115.2% above the Aerospace & Defense industry median of 1.05. Bharat Electronics' overall GF Score™ is 97/100. 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 Bharat Electronics (NSE:BEL), the current 5-Year Yield-on-Cost % is 2.26 as of Aug. 11, 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 Bharat Electronics (NSE:BEL) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Electronics stock appears to be undervalued.
The current stock price of ₹404.35 is trading 6.1% below its estimated GF Value™ of ₹430.62.
GuruFocus considers Bharat Electronics to be Fairly Valued.
Key valuation signals for NSE:BEL:
5-Year Yield-on-Cost %: 2.26 (46% below median its 10-year median of 4.21)
GF Value™: ₹430.62 vs. price of ₹404.35 (6.1% below fair value)
Industry Position: 115.2% above the Aerospace & Defense median (#49 of 172)
No single metric tells the full story. See the NSE:BEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Electronics Ltd is an aerospace and defense company predominantly owned by the Indian government. It manufactures a wide range of specialized electronics and equipment for defense and civilian use. Its investments are made in research and development to meet the ever-changing needs of customers and to test products in its pipeline. Its product portfolio includes unmanned systems, land-based radars, batteries, weapon systems, fuzes, simulators, and jammers, among others. It also provides cybersecurity and software products. A majority of the company's revenue is derived from the defense sector. Geographically, the company's key revenue is derived from India, and it also has international customers from countries like the United Kingdom, Israel, and others.
97GF Score
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