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Ningbo Water Meter (Group) CoSHSE:603700 -1.85%70 5-Year Yield-on-Cost % is 1.78 as of Sep. 13, 2026, which is 21% above its 10-year median of 1.47. GuruFocus rates SHSE:603700 with a GF Score™ of 70/100 and a GF Value™ of ¥14.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,872 Industrial Products companies, Ningbo Water Meter (Group) Co ranks worse than 52.3% on this metric.
The historical rank and industry rank for Ningbo Water Meter (Group) Co's 5-Year Yield-on-Cost % or its related term are showing as below:
SHSE:603700'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.44 Med: 1.47 Max: 4.21
Current: 1.78
During the past 13 years, Ningbo Water Meter (Group) Co's highest Yield on Cost was 4.21. The lowest was 0.44. And the median was 1.47.
SHSE:603700's 5-Year Yield-on-Cost % is ranked worse than 52.3% of 1872
companies
in the Industrial Products industry
Industry Median: 1.97
vs SHSE:603700: 1.78
Ningbo Water Meter (Group) Co (SHSE:603700) 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.
Ningbo Water Meter (Group) Co 5-Year Yield-on-Cost % Related Terms
SHSE:603700 vs VRT, BE: 5-Year Yield-on-Cost % Comparison
For the Electrical Equipment & Parts subindustry, Ningbo Water Meter (Group) Co'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.
Ningbo Water Meter (Group) Co 5-Year Yield-on-Cost % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ningbo Water Meter (Group) Co's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Ningbo Water Meter (Group) Co's 5-Year Yield-on-Cost % falls into.
Ningbo Water Meter (Group) Co 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.
Ningbo Water Meter (Group) Co (SHSE:603700) has a 5-Year Yield-on-Cost % of 1.78 as of Sep. 13, 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 Ningbo Water Meter (Group) Co and its competitors. This is 21% above median its historical median of 1.47. Over the past decade, Ningbo Water Meter (Group) Co's 5-Year Yield-on-Cost % has ranged from 0.44 to 4.21. According to the industry distribution chart, Ningbo Water Meter (Group) Co ranks #979 out of 1872 companies in the Industrial Products industry, placing it in the top 52.3%.
Is Ningbo Water Meter (Group) Co's 5-Year Yield-on-Cost % too high?
Ningbo Water Meter (Group) Co's current 5-Year Yield-on-Cost % of 1.78 is 21% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 4.21. The Industrial Products industry median 5-Year Yield-on-Cost % is 1.97. Ningbo Water Meter (Group) Co's value of 1.78 is 9.6% below this industry median. Based on the distribution chart, Ningbo Water Meter (Group) Co ranks #979 out of 1872 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ningbo Water Meter (Group) Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Water Meter (Group) Co's 5-Year Yield-on-Cost % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbo Water Meter (Group) Co ranks #979 out of 1872 companies for 5-Year Yield-on-Cost %. This places Ningbo Water Meter (Group) Co in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 1.97. Ningbo Water Meter (Group) Co's value of 1.78 is 9.6% below this benchmark. Historically, Ningbo Water Meter (Group) Co's own 5-Year Yield-on-Cost % has ranged from 0.44 to 4.21 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.97, Ningbo Water Meter (Group) Co 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 an Industrial Products company?
The median 5-Year Yield-on-Cost % among Industrial Products companies is 1.97, based on 1,872 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. Ningbo Water Meter (Group) Co's current 5-Year Yield-on-Cost % of 1.78 is 9.6% 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 Ningbo Water Meter (Group) Co and its competitors. For the Industrial Products industry, the median 5-Year Yield-on-Cost % is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Water Meter (Group) Co's current 5-Year Yield-on-Cost % is 1.78, which is 21% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Water Meter (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Water Meter (Group) Co (SHSE:603700) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.28, compared to a current price of ¥11.66 — trading 18.3% below its estimated fair value. The current 5-Year Yield-on-Cost % is 1.78, which is 21% above median its 10-year median of 1.47 and 9.6% below the Industrial Products industry median of 1.97. Ningbo Water Meter (Group) Co's overall GF Score™ is 70/100 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 Ningbo Water Meter (Group) Co (SHSE:603700), the current 5-Year Yield-on-Cost % is 1.78 as of Sep. 13, 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 Ningbo Water Meter (Group) Co (SHSE:603700) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Water Meter (Group) Co stock appears to be undervalued.
The current stock price of ¥11.66 is trading 18.3% below its estimated GF Value™ of ¥14.28.
GuruFocus considers Ningbo Water Meter (Group) Co to be Modestly Undervalued.
Key valuation signals for SHSE:603700:
5-Year Yield-on-Cost %: 1.78 (21% above median its 10-year median of 1.47)
GF Value™: ¥14.28 vs. price of ¥11.66 (18.3% below fair value)
Industry Position: 9.6% below the Industrial Products median (#979 of 1872)
No single metric tells the full story. See the SHSE:603700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Water Meter (Group) Co Ltd is engaged in manufacturing water meters. The product portfolio includes liquid sealed water meters, volumetric rotary piston water meter, manual batch control water meter, multi-jet dry type water meter and others.
70GF Score
Get the complete analysis for SHSE:603700
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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