GURUFOCUS.COM » STOCK LIST » Technology » Software » Fortnox AB (OSTO:FNOX) » Definitions » 5-Year Yield-on-Cost %

Fortnox AB (OSTO:FNOX) 5-Year Yield-on-Cost % : 0.32 (As of Jun. 25, 2024)


View and export this data going back to 2007. Start your Free Trial

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

Fortnox AB's yield on cost for the quarter that ended in Mar. 2024 was 0.32.


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

OSTO:FNOX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.1   Med: 0.28   Max: 1.22
Current: 0.32


During the past 13 years, Fortnox AB's highest Yield on Cost was 1.22. The lowest was 0.10. And the median was 0.28.


OSTO:FNOX's 5-Year Yield-on-Cost % is ranked worse than
92.62% of 975 companies
in the Software industry
Industry Median: 2.26 vs OSTO:FNOX: 0.32

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

For the Software - Application subindustry, Fortnox 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.


Fortnox AB's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, Fortnox AB's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Fortnox 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 Fortnox AB is calculated as

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

Fortnox AB  (OSTO:FNOX) 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.


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

Thank you for viewing the detailed overview of Fortnox AB's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortnox AB (OSTO:FNOX) Business Description

Industry
Traded in Other Exchanges
Address
Framtidsvagen Street 10A, PO Box 427, Videum Science Park, Vaxjo, SWE, 351 06
Fortnox AB provides internet-based business applications for accounting, invoicing, sales support, time reporting, and payroll administration. Its products are used in small businesses, associations, schools, and accounting agencies.

Fortnox AB (OSTO:FNOX) Headlines

No Headlines