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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.
Hi-Tech PipesNSE:HITECH -0.11%87 5-Year Yield-on-Cost % is 0.03 as of Aug. 03, 2026, which is 50% below its 10-year median of 0.06. GuruFocus rates NSE:HITECH with a GF Score™ of 87/100 and a GF Value™ of ₹130.00 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 315 Steel companies, Hi-Tech Pipes ranks worse than 100% on this metric.
Hi-Tech Pipes's yield on cost for the quarter that ended in Mar. 2026 was 0.03.
The historical rank and industry rank for Hi-Tech Pipes's 5-Year Yield-on-Cost % or its related term are showing as below:
NSE:HITECH'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.35
Current: 0.03
During the past 12 years, Hi-Tech Pipes's highest Yield on Cost was 0.35. The lowest was 0.01. And the median was 0.06.
NSE:HITECH's 5-Year Yield-on-Cost % is ranked worse than 100% of 315
companies
in the Steel industry
Industry Median: 3.5
vs NSE:HITECH: 0.03
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.
Hi-Tech Pipes 5-Year Yield-on-Cost % Related Terms
NSE:HITECH vs NUE, STLD, RS: 5-Year Yield-on-Cost % Comparison
For the Steel subindustry, Hi-Tech Pipes'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.
Hi-Tech Pipes 5-Year Yield-on-Cost % vs Steel Industry
For the Steel industry and Basic Materials sector, Hi-Tech Pipes's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Hi-Tech Pipes'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 Hi-Tech Pipes is calculated as
Hi-Tech Pipes (NSE:HITECH) has a 5-Year Yield-on-Cost % of 0.03 as of Aug. 03, 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 Hi-Tech Pipes and its competitors. This is 50% below median its historical median of 0.06. Over the past decade, Hi-Tech Pipes' 5-Year Yield-on-Cost % has ranged from 0.01 to 0.35. According to the industry distribution chart, Hi-Tech Pipes ranks #315 out of 315 companies in the Steel industry.
Is Hi-Tech Pipes' 5-Year Yield-on-Cost % too high?
Hi-Tech Pipes' current 5-Year Yield-on-Cost % of 0.03 is 50% below median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.35. The Steel industry median 5-Year Yield-on-Cost % is 3.50. Hi-Tech Pipes' value of 0.03 is 99.1% below this industry median. Based on the distribution chart, Hi-Tech Pipes ranks #315 out of 315 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Hi-Tech Pipes has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hi-Tech Pipes' 5-Year Yield-on-Cost % compare to NUE and STLD?
According to the Steel industry distribution chart, Hi-Tech Pipes ranks #315 out of 315 companies for 5-Year Yield-on-Cost %. This places Hi-Tech Pipes in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 3.50. Hi-Tech Pipes' value of 0.03 is 99.1% below this benchmark. Historically, Hi-Tech Pipes' own 5-Year Yield-on-Cost % has ranged from 0.01 to 0.35 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 3.50, Hi-Tech Pipes has consistently been below 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 Steel company?
The median 5-Year Yield-on-Cost % among Steel companies is 3.50, based on 315 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. Hi-Tech Pipes's current 5-Year Yield-on-Cost % of 0.03 is 99.1% below 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 Hi-Tech Pipes and its competitors. For the Steel industry, the median 5-Year Yield-on-Cost % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi-Tech Pipes's current 5-Year Yield-on-Cost % is 0.03, which is 50% below median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Tech Pipes stock overvalued right now?
Based on GuruFocus' analysis, Hi-Tech Pipes (NSE:HITECH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹130.00, compared to a current price of ₹84.65 — trading 34.9% below its estimated fair value. The current 5-Year Yield-on-Cost % is 0.03, which is 50% below median its 10-year median of 0.06 and 99.1% below the Steel industry median of 3.50. Hi-Tech Pipes' overall GF Score™ is 87/100 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 Hi-Tech Pipes (NSE:HITECH), the current 5-Year Yield-on-Cost % is 0.03 as of Aug. 03, 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 Hi-Tech Pipes (NSE:HITECH) Overvalued in 2026?
Based on GuruFocus' analysis, Hi-Tech Pipes stock appears to be undervalued.
The current stock price of ₹84.65 is trading 34.9% below its estimated GF Value™ of ₹130.00.
GuruFocus considers Hi-Tech Pipes to be Possible Value Trap.
Key valuation signals for NSE:HITECH:
5-Year Yield-on-Cost %: 0.03 (50% below median its 10-year median of 0.06)
GF Value™: ₹130.00 vs. price of ₹84.65 (34.9% below fair value)
Industry Position: 99.1% below the Steel median (#315 of 315)
No single metric tells the full story. See the NSE:HITECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hi-Tech Pipes Ltd manufactures and markets a wide range of steel tubes used in industries like infrastructure, telecom, defense, power distribution, railways, airports, construction, real estate, and automotive. Its products include Black Steel Tubes, Rectangular and Hollow sections, Galvanised Steel Tubes, Metal Beam Highway Crash Barriers, Cold Rolling Coils, Cold Formed Sections, Black Hollow Section and Round Pipes, Galvanized Pipes, Pre-Galvanized Pipes, and Cold Rolled Coils. The Indian steel pipes and tubes industry includes segments such as seamless, ERW, LSAW, HSAW, galvanized iron, ductile iron, and black steel pipes, which serve various applications ranging from high-pressure oil and gas pipelines to water supply and general engineering purposes.
87GF 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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