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China Bills FinanceTPE:2820 +0.60%62 5-Year Yield-on-Cost % is 4.89 as of Aug. 02, 2026, which is 7% above its 10-year median of 4.58. GuruFocus rates TPE:2820 with a GF Score™ of 62/100 and a GF Value™ of NT$24.61 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 364 Capital Markets companies, China Bills Finance ranks better than 65.11% on this metric.
China Bills Finance's yield on cost for the quarter that ended in Dec. 2025 was 4.89.
The historical rank and industry rank for China Bills Finance's 5-Year Yield-on-Cost % or its related term are showing as below:
TPE:2820'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.87 Med: 4.58 Max: 10.46
Current: 4.89
During the past 13 years, China Bills Finance's highest Yield on Cost was 10.46. The lowest was 2.87. And the median was 4.58.
TPE:2820's 5-Year Yield-on-Cost % is ranked better than 65.11% of 364
companies
in the Capital Markets industry
Industry Median: 3.335
vs TPE:2820: 4.89
China Bills Finance (TPE:2820) 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.
China Bills Finance 5-Year Yield-on-Cost % Related Terms
TPE:2820 vs MS, GS, SCHW: 5-Year Yield-on-Cost % Comparison
For the Capital Markets subindustry, China Bills Finance'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.
China Bills Finance 5-Year Yield-on-Cost % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, China Bills Finance's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where China Bills Finance's 5-Year Yield-on-Cost % falls into.
China Bills Finance 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.
China Bills Finance (TPE:2820) has a 5-Year Yield-on-Cost % of 4.89 as of Aug. 02, 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 China Bills Finance and its competitors. This is near median its historical median of 4.58. Over the past decade, China Bills Finance's 5-Year Yield-on-Cost % has ranged from 2.87 to 10.46. According to the industry distribution chart, China Bills Finance ranks #127 out of 364 companies in the Capital Markets industry, placing it in the top 34.9%.
Is China Bills Finance's 5-Year Yield-on-Cost % too high?
China Bills Finance's current 5-Year Yield-on-Cost % of 4.89 is near median its 10-year median of 4.58. Over the past 10 years, this metric has ranged from a low of 2.87 to a high of 10.46. The Capital Markets industry median 5-Year Yield-on-Cost % is 3.34. China Bills Finance's value of 4.89 is 46.6% above this industry median. Based on the distribution chart, China Bills Finance ranks #127 out of 364 companies in the Capital Markets industry, which is above the industry midpoint. Overall, China Bills Finance has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Bills Finance's 5-Year Yield-on-Cost % compare to MS and GS?
According to the Capital Markets industry distribution chart, China Bills Finance ranks #127 out of 364 companies for 5-Year Yield-on-Cost %. This puts China Bills Finance in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 3.34. China Bills Finance's value of 4.89 is 46.6% above this benchmark. Historically, China Bills Finance's own 5-Year Yield-on-Cost % has ranged from 2.87 to 10.46 over the past decade. While the company's 10-year median is 4.58 vs. the industry median of 3.34, China Bills Finance 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 Capital Markets company?
The median 5-Year Yield-on-Cost % among Capital Markets companies is 3.34, based on 364 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. China Bills Finance's current 5-Year Yield-on-Cost % of 4.89 is 46.6% 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 China Bills Finance and its competitors. For the Capital Markets industry, the median 5-Year Yield-on-Cost % is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Bills Finance's current 5-Year Yield-on-Cost % is 4.89, which is near median its own 10-year median of 4.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Bills Finance stock overvalued right now?
Based on GuruFocus' analysis, China Bills Finance (TPE:2820) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$24.61, compared to a current price of NT$16.75 — trading 31.9% below its estimated fair value. The current 5-Year Yield-on-Cost % is 4.89, which is near median its 10-year median of 4.58 and 46.6% above the Capital Markets industry median of 3.34. China Bills Finance's overall GF Score™ is 62/100 with 2 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 China Bills Finance (TPE:2820), the current 5-Year Yield-on-Cost % is 4.89 as of Aug. 02, 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 China Bills Finance (TPE:2820) Overvalued in 2026?
Based on GuruFocus' analysis, China Bills Finance stock appears to be undervalued.
The current stock price of NT$16.75 is trading 31.9% below its estimated GF Value™ of NT$24.61.
GuruFocus considers China Bills Finance to be Significantly Undervalued.
Key valuation signals for TPE:2820:
5-Year Yield-on-Cost %: 4.89 (near median its 10-year median of 4.58)
GF Value™: NT$24.61 vs. price of NT$16.75 (31.9% below fair value)
Industry Position: 46.6% above the Capital Markets median (#127 of 364)
No single metric tells the full story. See the TPE:2820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Bills Finance Corp focuses on corporate financing and fixed-income commodities. The company's business activities consist of certifying and underwriting of short-term bills and bank debentures; brokering or undertaking proprietary trading of short-term bills, bank debentures, government and corporate bonds, and foreign bonds; guaranteeing short-term bills; providing financial consulting services to enterprises; processing interbank call loans; equity investments; fixed-income security trading; (h) foreign-currency bills investment; and doing other businesses as authorized by relevant authorities. Its business is concentrated in Taiwan.
62GF Score
Get the complete analysis for TPE:2820
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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