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Elekta AB (OSTO:EKTA B) 5-Year Yield-on-Cost % : 5.73 (As of May. 27, 2024)


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What is Elekta AB 5-Year Yield-on-Cost %?

Elekta AB's yield on cost for the quarter that ended in Jan. 2024 was 5.73.


The historical rank and industry rank for Elekta AB's 5-Year Yield-on-Cost % or its related term are showing as below:

OSTO:EKTA B' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.55   Med: 2.88   Max: 8.16
Current: 5.73


During the past 13 years, Elekta AB's highest Yield on Cost was 8.16. The lowest was 0.55. And the median was 2.88.


OSTO:EKTA B's 5-Year Yield-on-Cost % is ranked better than
82.52% of 309 companies
in the Medical Devices & Instruments industry
Industry Median: 2.19 vs OSTO:EKTA B: 5.73

Competitive Comparison of Elekta AB's 5-Year Yield-on-Cost %

For the Medical Instruments & Supplies subindustry, Elekta AB'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.


Elekta AB's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Elekta AB's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Elekta AB's 5-Year Yield-on-Cost % falls into.



Elekta AB 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 Elekta AB is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Elekta AB  (OSTO:EKTA B) 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.


Elekta AB 5-Year Yield-on-Cost % Related Terms

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Elekta AB (OSTO:EKTA B) Business Description

Address
Kungstensgatan 18, Box 7593, Stockholm, SWE, SE-103 93
Sweden-based Elekta develops, manufactures, and distributes treatment planning systems for neurosurgery and radiotherapy, including stereotactic radiosurgery and brachytherapy. The company's installed base of more than 5,000 linear accelerators, GammaKnife and Unity platforms, and software is used in more than 6,000 hospitals globally. The company's sales are evenly distributed across geographies, with North and South America accounting for 31%; Europe, the Middle East, and Africa accounting for 35%; and Asia-Pacific contributing the remainder.

Elekta AB (OSTO:EKTA B) Headlines

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