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.
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.
Billing SystemTSE:3623 +1.38%78 5-Year Yield-on-Cost % is 7.50 as of Aug. 12, 2026, which is 218% above its 10-year median of 2.36. GuruFocus rates TSE:3623 with a GF Score™ of 78/100 and a GF Value™ of 円1,348.40 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,007 Software companies, Billing System ranks better than 83.22% on this metric.
Billing System's yield on cost for the quarter that ended in Dec. 2025 was 7.50.
The historical rank and industry rank for Billing System's 5-Year Yield-on-Cost % or its related term are showing as below:
TSE:3623'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.32 Med: 2.36 Max: 8.32
Current: 7.5
During the past 13 years, Billing System's highest Yield on Cost was 8.32. The lowest was 0.32. And the median was 2.36.
TSE:3623's 5-Year Yield-on-Cost % is ranked better than 83.22% of 1007
companies
in the Software industry
Industry Median: 3.03
vs TSE:3623: 7.50
Billing System (TSE:3623) 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.
Billing System 5-Year Yield-on-Cost % Related Terms
TSE:3623 vs MSFT, ORCL, PLTR: 5-Year Yield-on-Cost % Comparison
For the Software - Infrastructure subindustry, Billing System'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.
Billing System 5-Year Yield-on-Cost % vs Software Industry
For the Software industry and Technology sector, Billing System's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Billing System'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 Billing System is calculated as
Billing System (TSE:3623) has a 5-Year Yield-on-Cost % of 7.50 as of Aug. 12, 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 Billing System and its competitors. This is 218% above median its historical median of 2.36. Over the past decade, Billing System's 5-Year Yield-on-Cost % has ranged from 0.32 to 8.32. According to the industry distribution chart, Billing System ranks #169 out of 1007 companies in the Software industry, placing it in the top 16.8%.
Is Billing System's 5-Year Yield-on-Cost % too high?
Billing System's current 5-Year Yield-on-Cost % of 7.50 is 218% above median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 8.32. The Software industry median 5-Year Yield-on-Cost % is 3.03. Billing System's value of 7.50 is 147.5% above this industry median. Based on the distribution chart, Billing System ranks #169 out of 1007 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Billing System has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Billing System's 5-Year Yield-on-Cost % compare to MSFT and ORCL?
According to the Software industry distribution chart, Billing System ranks #169 out of 1007 companies for 5-Year Yield-on-Cost %. This places Billing System in the top 17% of its industry — outperforming the majority of peers. The industry median 5-Year Yield-on-Cost % is 3.03. Billing System's value of 7.50 is 147.5% above this benchmark. Historically, Billing System's own 5-Year Yield-on-Cost % has ranged from 0.32 to 8.32 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 3.03, Billing System 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 Software company?
The median 5-Year Yield-on-Cost % among Software companies is 3.03, based on 1,007 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. Billing System's current 5-Year Yield-on-Cost % of 7.50 is 147.5% 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 Billing System and its competitors. For the Software industry, the median 5-Year Yield-on-Cost % is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Billing System's current 5-Year Yield-on-Cost % is 7.50, which is 218% above median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billing System stock overvalued right now?
Based on GuruFocus' analysis, Billing System (TSE:3623) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,348.40, compared to a current price of 円1,100.00 — trading 18.4% below its estimated fair value. The current 5-Year Yield-on-Cost % is 7.50, which is 218% above median its 10-year median of 2.36 and 147.5% above the Software industry median of 3.03. Billing System's overall GF Score™ is 78/100 with 3 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 Billing System (TSE:3623), the current 5-Year Yield-on-Cost % is 7.50 as of Aug. 12, 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 Billing System (TSE:3623) Overvalued in 2026?
Based on GuruFocus' analysis, Billing System stock appears to be undervalued.
The current stock price of 円1,100.00 is trading 18.4% below its estimated GF Value™ of 円1,348.40.
GuruFocus considers Billing System to be Modestly Undervalued.
Key valuation signals for TSE:3623:
5-Year Yield-on-Cost %: 7.50 (218% above median its 10-year median of 2.36)
GF Value™: 円1,348.40 vs. price of 円1,100.00 (18.4% below fair value)
Industry Position: 147.5% above the Software median (#169 of 1007)
No single metric tells the full story. See the TSE:3623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Billing System Corp offers a variety of payment services, including collection agency services, remittance support, smartphone payment service PayB, and more. It also support the introduction of in-store payments such as WeChat Pay, Alipay+, and PayPay, as well as the development and operation of WeChat mini-programs.
78GF Score
Get the complete analysis for TSE:3623
5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3623 has been successfully added to your 
