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Change Holdings (TSE:3962) 5-Year Yield-on-Cost % : 0.99 (As of May. 26, 2024)


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What is Change Holdings 5-Year Yield-on-Cost %?

Change Holdings's yield on cost for the quarter that ended in Mar. 2024 was 0.99.


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

TSE:3962' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.28   Med: 0.45   Max: 1.08
Current: 0.99


During the past 9 years, Change Holdings's highest Yield on Cost was 1.08. The lowest was 0.28. And the median was 0.45.


TSE:3962's 5-Year Yield-on-Cost % is ranked worse than
72.79% of 941 companies
in the Software industry
Industry Median: 2.24 vs TSE:3962: 0.99

Competitive Comparison of Change Holdings's 5-Year Yield-on-Cost %

For the Information Technology Services subindustry, Change Holdings'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.


Change Holdings's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, Change Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Change Holdings's 5-Year Yield-on-Cost % falls into.



Change Holdings 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 Change Holdings is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Change Holdings  (TSE:3962) 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.


Change Holdings 5-Year Yield-on-Cost % Related Terms

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Change Holdings (TSE:3962) Business Description

Traded in Other Exchanges
N/A
Address
3-17-1 Toranomon, 6th Floor, TOKYU REIT Toranomon Building, Minato-ku, Tokyo, JPN, 105-0001
Change Holdings Inc provides mobility, IoT (Internet of Things) data, security and IT human resources training services. It segments are: Public Tech and NEW-IT Transformation Business. The Public Tech segment covers local government support projects that aims to realize high value-added resident services by utilizing ICT technology to promote the improvement of local government business productivity. The NEW-IT Transformation Business segment promotes digital transformation through various algorithms such as AI, voice Internet, mobility, IoT, cloud, security, services utilizing basic technology, and training for digital human resources. It also provides digital transformation solutions by combining libraries based on customer needs to realize customer digital transformation.

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