Tung Ho Steel Enterprise (TPE:2006) 5-Year Yield-on-Cost % : 15.26 (As of May. 27, 2024)

View and export this data going back to 1988. Start your Free Trial

What is Tung Ho Steel Enterprise 5-Year Yield-on-Cost %?

Tung Ho Steel Enterprise's yield on cost for the quarter that ended in Mar. 2024 was 15.26.

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

TPE:2006' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.77 Med: 14.17 Max: 40.86
Current: 15.26

During the past 13 years, Tung Ho Steel Enterprise's highest Yield on Cost was 40.86. The lowest was 5.77. And the median was 14.17.

TPE:2006's 5-Year Yield-on-Cost % is ranked better than
90.99% of 355 companies
in the Steel industry
Industry Median: 3.46 vs TPE:2006: 15.26

Competitive Comparison of Tung Ho Steel Enterprise's 5-Year Yield-on-Cost %

For the Steel subindustry, Tung Ho Steel Enterprise'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.

Tung Ho Steel Enterprise's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tung Ho Steel Enterprise's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Tung Ho Steel Enterprise's 5-Year Yield-on-Cost % falls into.

Tung Ho Steel Enterprise 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 Tung Ho Steel Enterprise is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Tung Ho Steel Enterprise (TPE:2006) 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.

Tung Ho Steel Enterprise 5-Year Yield-on-Cost % Related Terms

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

Tung Ho Steel Enterprise (TPE:2006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tung Ho Steel Enterprise Corp (TPE:2006) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chang-an East Road, 6th Floor, No. 9, Section 1, Taipei, TWN, 10441

Website

https://www.tunghosteel.com

Tung Ho Steel Enterprise Corp is a Taiwan-based company that is primarily engaged in the manufacturing and distribution of steel products. The company's product portfolio includes rebar, which is primarily applied in building projects, including high-rises, factories, public construction, and social welfare initiatives; steel section, which is used in buildings (steel structures) and other construction projects (bridges, ships, vehicles, and so on); and steel plate, which is broadly utilized in factories, logistics warehouses, office and residential buildings, bridges, and other buildings. Rebar and steel section account for the majority of the company's revenue. The company generates most of its sales from the Taiwan domestic market.

Tung Ho Steel Enterprise (TPE:2006) Headlines

No Headlines