Te Chang (ROCO:5511) 5-Year Yield-on-Cost %: 11.13 (As of Aug. 26, 2026) — 18% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ROCO:5511 Te Chang ROCO:5511
95 GF Score
Price NT$71.70
GF Value NT$63.85
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Te Chang 5-Year Yield-on-Cost %?

Te Chang ROCO:5511 -1.38% 95 5-Year Yield-on-Cost % is 11.13 as of Aug. 26, 2026, which is 18% below its 10-year median of 13.61. GuruFocus rates ROCO:5511 with a GF Score™ of 95/100 and a GF Value™ of NT$63.85 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,002 Construction companies, Te Chang ranks better than 87.43% on this metric.

Te Chang's yield on cost for the quarter that ended in Jun. 2026 was 11.13.


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

ROCO:5511' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.11   Med: 13.61   Max: 31.13
Current: 11.13


During the past 13 years, Te Chang's highest Yield on Cost was 31.13. The lowest was 5.11. And the median was 13.61.


ROCO:5511's 5-Year Yield-on-Cost % is ranked better than
87.43% of 1002 companies
in the Construction industry
Industry Median: 3.435 vs ROCO:5511: 11.13

Te Chang  (ROCO:5511) 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.


Te Chang 5-Year Yield-on-Cost % Related Terms


ROCO:5511 vs PWR, FIX, EME: 5-Year Yield-on-Cost % Comparison

For the Engineering & Construction subindustry, Te Chang'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.


Te Chang 5-Year Yield-on-Cost % vs Construction Industry

For the Construction industry and Industrials sector, Te Chang's 5-Year Yield-on-Cost % distribution charts can be found below:

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


ROCO:5511
95GF Score
Te Chang ROCO:5511
5-Year Yield-on-Cost % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Te Chang 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 Te Chang is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5
Frequently Asked Questions Learn more about 5-Year Yield-on-Cost % →
What does a 5-Year Yield-on-Cost % of 11.13 mean?
Te Chang (ROCO:5511) has a 5-Year Yield-on-Cost % of 11.13 as of Aug. 26, 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 Te Chang and its competitors. This is 18% below median its historical median of 13.61. Over the past decade, Te Chang's 5-Year Yield-on-Cost % has ranged from 5.11 to 31.13. According to the industry distribution chart, Te Chang ranks #126 out of 1002 companies in the Construction industry, placing it in the top 12.6%.
Is Te Chang's 5-Year Yield-on-Cost % too high?
Te Chang's current 5-Year Yield-on-Cost % of 11.13 is 18% below median its 10-year median of 13.61. Over the past 10 years, this metric has ranged from a low of 5.11 to a high of 31.13. The Construction industry median 5-Year Yield-on-Cost % is 3.44. Te Chang's value of 11.13 is 224% above this industry median. Based on the distribution chart, Te Chang ranks #126 out of 1002 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Te Chang has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Te Chang's 5-Year Yield-on-Cost % compare to PWR and FIX?
According to the Construction industry distribution chart, Te Chang ranks #126 out of 1002 companies for 5-Year Yield-on-Cost %. This places Te Chang in the top 13% of its industry — outperforming the majority of peers. The industry median 5-Year Yield-on-Cost % is 3.44. Te Chang's value of 11.13 is 224% above this benchmark. Historically, Te Chang's own 5-Year Yield-on-Cost % has ranged from 5.11 to 31.13 over the past decade. While the company's 10-year median is 13.61 vs. the industry median of 3.44, Te Chang 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 Construction company?
The median 5-Year Yield-on-Cost % among Construction companies is 3.44, based on 1,002 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. Te Chang's current 5-Year Yield-on-Cost % of 11.13 is 224% 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 Te Chang and its competitors. For the Construction industry, the median 5-Year Yield-on-Cost % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Te Chang's current 5-Year Yield-on-Cost % is 11.13, which is 18% below median its own 10-year median of 13.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Te Chang stock overvalued right now?
Based on GuruFocus' analysis, Te Chang (ROCO:5511) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$63.85, compared to a current price of NT$71.70 — trading 12.3% above its estimated fair value. The current 5-Year Yield-on-Cost % is 11.13, which is 18% below median its 10-year median of 13.61 and 224% above the Construction industry median of 3.44. Te Chang's overall GF Score™ is 95/100 with 4 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 Te Chang (ROCO:5511), the current 5-Year Yield-on-Cost % is 11.13 as of Aug. 26, 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 Te Chang (ROCO:5511) Overvalued in 2026?

Based on GuruFocus' analysis, Te Chang stock appears to be overvalued. The current stock price of NT$71.70 is trading 12.3% above its estimated GF Value™ of NT$63.85. GuruFocus considers Te Chang to be Modestly Overvalued.

Key valuation signals for ROCO:5511:

  • 5-Year Yield-on-Cost %: 11.13 (18% below median its 10-year median of 13.61)
  • GF Value™: NT$63.85 vs. price of NT$71.70 (12.3% above fair value)
  • GF Score™: 95/100 with 4 warning signs
  • Industry Position: 224% above the Construction median (#126 of 1002)

No single metric tells the full story. See the ROCO:5511 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Te Chang Business Description

Address Wuquan Road, 1st Floor, No.401-1, North District, Taichung, TWN, 40458
Te Chang main business operations include contracting for construction and civil engineering projects. The Group is engaged in the construction and real estate leasing business and is a single reportable segment. The company has presence in Taiwan, and Thailand. The company generates majority of revenue from Taiwan. The company's projects are Hospital Project, School Project, social housing, Factory building project, Commercial buildings, office building, civil Engineering, Other projects.
95GF Score

Get the complete analysis for ROCO:5511

5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$71.70
Price
NT$63.85
GF Value