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Cheng LoongTPE:1904 -0.81%70 5-Year Yield-on-Cost % is 0.49 as of Aug. 16, 2026, which is 51% below its 10-year median of 1.00. GuruFocus rates TPE:1904 with a GF Score™ of 70/100 and a GF Value™ of NT$21.93 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 132 Forest Products companies, Cheng Loong ranks worse than 87.12% on this metric.
Cheng Loong's yield on cost for the quarter that ended in Mar. 2026 was 0.49.
The historical rank and industry rank for Cheng Loong's 5-Year Yield-on-Cost % or its related term are showing as below:
TPE:1904'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.46 Med: 1 Max: 3.9
Current: 0.49
During the past 13 years, Cheng Loong's highest Yield on Cost was 3.90. The lowest was 0.46. And the median was 1.00.
TPE:1904's 5-Year Yield-on-Cost % is ranked worse than 87.12% of 132
companies
in the Forest Products industry
Industry Median: 3.275
vs TPE:1904: 0.49
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.
For the Paper & Paper Products subindustry, Cheng Loong'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.
Cheng Loong 5-Year Yield-on-Cost % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Cheng Loong's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Cheng Loong'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 Cheng Loong is calculated as
Cheng Loong (TPE:1904) has a 5-Year Yield-on-Cost % of 0.49 as of Aug. 16, 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 Cheng Loong and its competitors. This is 51% below median its historical median of 1.00. Over the past decade, Cheng Loong's 5-Year Yield-on-Cost % has ranged from 0.46 to 3.90. According to the industry distribution chart, Cheng Loong ranks #115 out of 132 companies in the Forest Products industry, placing it in the top 87.1%.
Is Cheng Loong's 5-Year Yield-on-Cost % too high?
Cheng Loong's current 5-Year Yield-on-Cost % of 0.49 is 51% below median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 3.90. The Forest Products industry median 5-Year Yield-on-Cost % is 3.28. Cheng Loong's value of 0.49 is 85% below this industry median. Based on the distribution chart, Cheng Loong ranks #115 out of 132 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Cheng Loong has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Loong's 5-Year Yield-on-Cost % compare to competitors?
According to the Forest Products industry distribution chart, Cheng Loong ranks #115 out of 132 companies for 5-Year Yield-on-Cost %. This places Cheng Loong in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 3.28. Cheng Loong's value of 0.49 is 85% below this benchmark. Historically, Cheng Loong's own 5-Year Yield-on-Cost % has ranged from 0.46 to 3.90 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 3.28, Cheng Loong 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 Forest Products company?
The median 5-Year Yield-on-Cost % among Forest Products companies is 3.28, based on 132 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. Cheng Loong's current 5-Year Yield-on-Cost % of 0.49 is 85% 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 Cheng Loong and its competitors. For the Forest Products industry, the median 5-Year Yield-on-Cost % is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheng Loong's current 5-Year Yield-on-Cost % is 0.49, which is 51% below median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Loong stock overvalued right now?
Based on GuruFocus' analysis, Cheng Loong (TPE:1904) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$21.93, compared to a current price of NT$24.45 — trading 11.5% above its estimated fair value. The current 5-Year Yield-on-Cost % is 0.49, which is 51% below median its 10-year median of 1.00 and 85% below the Forest Products industry median of 3.28. Cheng Loong's overall GF Score™ is 70/100 with 12 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 Cheng Loong (TPE:1904), the current 5-Year Yield-on-Cost % is 0.49 as of Aug. 16, 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 Cheng Loong (TPE:1904) Overvalued in 2026?
Based on GuruFocus' analysis, Cheng Loong stock appears to be overvalued.
The current stock price of NT$24.45 is trading 11.5% above its estimated GF Value™ of NT$21.93.
GuruFocus considers Cheng Loong to be Modestly Overvalued.
Key valuation signals for TPE:1904:
5-Year Yield-on-Cost %: 0.49 (51% below median its 10-year median of 1.00)
GF Value™: NT$21.93 vs. price of NT$24.45 (11.5% above fair value)
Industry Position: 85% below the Forest Products median (#115 of 132)
No single metric tells the full story. See the TPE:1904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cheng Loong Corp manufactures and sells a variety of paper products. The company is engaged in the manufacturing and sale of paper products, materials for paper products, corrugated cartons, and related products. It is also engaged in building commercial and residential premises for rent and sale in partnership with construction companies. The company generates a majority of its revenue from the manufacturing and sale of industrial paper, corrugated containers, and related products. Its geographical segments are Taiwan, which generates key revenue, China, and Southeast Asia.
70GF 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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