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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.
Okayama Paper Industries CoTSE:3892 +0.69%77 5-Year Yield-on-Cost % is 11.01 as of Aug. 10, 2026, which is 83% above its 10-year median of 6.01. GuruFocus rates TSE:3892 with a GF Score™ of 77/100 and a GF Value™ of 円1,424.49 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 137 Forest Products companies, Okayama Paper Industries Co ranks better than 94.16% on this metric.
The historical rank and industry rank for Okayama Paper Industries Co's 5-Year Yield-on-Cost % or its related term are showing as below:
TSE:3892'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.45 Med: 6.01 Max: 11.01
Current: 11.01
During the past 13 years, Okayama Paper Industries Co's highest Yield on Cost was 11.01. The lowest was 3.45. And the median was 6.01.
TSE:3892's 5-Year Yield-on-Cost % is ranked better than 94.16% of 137
companies
in the Forest Products industry
Industry Median: 3.22
vs TSE:3892: 11.01
Okayama Paper Industries Co (TSE:3892) 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.
Okayama Paper Industries Co 5-Year Yield-on-Cost % Related Terms
Okayama Paper Industries Co 5-Year Yield-on-Cost % Competitor Comparison
For the Paper & Paper Products subindustry, Okayama Paper Industries 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.
Okayama Paper Industries Co 5-Year Yield-on-Cost % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Okayama Paper Industries Co's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Okayama Paper Industries Co's 5-Year Yield-on-Cost % falls into.
Okayama Paper Industries 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.
Okayama Paper Industries Co (TSE:3892) has a 5-Year Yield-on-Cost % of 11.01 as of Aug. 10, 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 Okayama Paper Industries Co and its competitors. This is 83% above median its historical median of 6.01. Over the past decade, Okayama Paper Industries Co's 5-Year Yield-on-Cost % has ranged from 3.45 to 11.01. According to the industry distribution chart, Okayama Paper Industries Co ranks #8 out of 137 companies in the Forest Products industry, placing it in the top 5.8%.
Is Okayama Paper Industries Co's 5-Year Yield-on-Cost % too high?
Okayama Paper Industries Co's current 5-Year Yield-on-Cost % of 11.01 is 83% above median its 10-year median of 6.01. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 11.01. The Forest Products industry median 5-Year Yield-on-Cost % is 3.22. Okayama Paper Industries Co's value of 11.01 is 241.9% above this industry median. Based on the distribution chart, Okayama Paper Industries Co ranks #8 out of 137 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Okayama Paper Industries Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okayama Paper Industries Co's 5-Year Yield-on-Cost % compare to competitors?
According to the Forest Products industry distribution chart, Okayama Paper Industries Co ranks #8 out of 137 companies for 5-Year Yield-on-Cost %. This places Okayama Paper Industries Co in the top 6% of its industry — outperforming the majority of peers. The industry median 5-Year Yield-on-Cost % is 3.22. Okayama Paper Industries Co's value of 11.01 is 241.9% above this benchmark. Historically, Okayama Paper Industries Co's own 5-Year Yield-on-Cost % has ranged from 3.45 to 11.01 over the past decade. While the company's 10-year median is 6.01 vs. the industry median of 3.22, Okayama Paper Industries Co 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 Forest Products company?
The median 5-Year Yield-on-Cost % among Forest Products companies is 3.22, based on 137 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. Okayama Paper Industries Co's current 5-Year Yield-on-Cost % of 11.01 is 241.9% 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 Okayama Paper Industries Co and its competitors. For the Forest Products industry, the median 5-Year Yield-on-Cost % is 3.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okayama Paper Industries Co's current 5-Year Yield-on-Cost % is 11.01, which is 83% above median its own 10-year median of 6.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okayama Paper Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Okayama Paper Industries Co (TSE:3892) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,424.49, compared to a current price of 円1,595.00 — trading 12% above its estimated fair value. The current 5-Year Yield-on-Cost % is 11.01, which is 83% above median its 10-year median of 6.01 and 241.9% above the Forest Products industry median of 3.22. Okayama Paper Industries Co's overall GF Score™ is 77/100 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 Okayama Paper Industries Co (TSE:3892), the current 5-Year Yield-on-Cost % is 11.01 as of Aug. 10, 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 Okayama Paper Industries Co (TSE:3892) Overvalued in 2026?
Based on GuruFocus' analysis, Okayama Paper Industries Co stock appears to be overvalued.
The current stock price of 円1,595.00 is trading 12% above its estimated GF Value™ of 円1,424.49.
GuruFocus considers Okayama Paper Industries Co to be Modestly Overvalued.
Key valuation signals for TSE:3892:
5-Year Yield-on-Cost %: 11.01 (83% above median its 10-year median of 6.01)
GF Value™: 円1,424.49 vs. price of 円1,595.00 (12% above fair value)
Industry Position: 241.9% above the Forest Products median (#8 of 137)
No single metric tells the full story. See the TSE:3892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okayama Paper Industries Co Ltd is engaged in manufacturing and sales of SMIC raw paper, paper tube base paper, flat sheet. It is in a packaging material field as a manufacturer of cardboard and decorative corrugated cardboard made of core paper and paper tube base paper. It offers products such as base papers, containerboard, stencil paper tubes, paper tube base papers, and cardboard plates.
77GF Score
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