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Nichia Steel WorksTSE:5658 -1.33%67 5-Year Yield-on-Cost % is 3.44 as of Jul. 25, 2026, which is 9% above its 10-year median of 3.17. GuruFocus rates TSE:5658 with a GF Score™ of 67/100 and a GF Value™ of 円326.61 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,922 Industrial Products companies, Nichia Steel Works ranks better than 67.17% on this metric.
Nichia Steel Works's yield on cost for the quarter that ended in Mar. 2026 was 3.44.
The historical rank and industry rank for Nichia Steel Works's 5-Year Yield-on-Cost % or its related term are showing as below:
TSE:5658'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.04 Med: 3.17 Max: 5.77
Current: 3.44
During the past 13 years, Nichia Steel Works's highest Yield on Cost was 5.77. The lowest was 2.04. And the median was 3.17.
TSE:5658's 5-Year Yield-on-Cost % is ranked better than 67.17% of 1922
companies
in the Industrial Products industry
Industry Median: 1.945
vs TSE:5658: 3.44
Nichia Steel Works (TSE:5658) 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.
Nichia Steel Works 5-Year Yield-on-Cost % Related Terms
TSE:5658 vs SNA, RBC, LECO: 5-Year Yield-on-Cost % Comparison
For the Tools & Accessories subindustry, Nichia Steel Works'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.
Nichia Steel Works 5-Year Yield-on-Cost % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nichia Steel Works's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Nichia Steel Works's 5-Year Yield-on-Cost % falls into.
Nichia Steel Works 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.
Nichia Steel Works (TSE:5658) has a 5-Year Yield-on-Cost % of 3.44 as of Jul. 25, 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 Nichia Steel Works and its competitors. This is near median its historical median of 3.17. Over the past decade, Nichia Steel Works' 5-Year Yield-on-Cost % has ranged from 2.04 to 5.77. According to the industry distribution chart, Nichia Steel Works ranks #631 out of 1922 companies in the Industrial Products industry, placing it in the top 32.8%.
Is Nichia Steel Works' 5-Year Yield-on-Cost % too high?
Nichia Steel Works' current 5-Year Yield-on-Cost % of 3.44 is near median its 10-year median of 3.17. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 5.77. The Industrial Products industry median 5-Year Yield-on-Cost % is 1.95. Nichia Steel Works' value of 3.44 is 76.9% above this industry median. Based on the distribution chart, Nichia Steel Works ranks #631 out of 1922 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nichia Steel Works has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nichia Steel Works' 5-Year Yield-on-Cost % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Nichia Steel Works ranks #631 out of 1922 companies for 5-Year Yield-on-Cost %. This puts Nichia Steel Works in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 1.95. Nichia Steel Works' value of 3.44 is 76.9% above this benchmark. Historically, Nichia Steel Works' own 5-Year Yield-on-Cost % has ranged from 2.04 to 5.77 over the past decade. While the company's 10-year median is 3.17 vs. the industry median of 1.95, Nichia Steel Works 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 an Industrial Products company?
The median 5-Year Yield-on-Cost % among Industrial Products companies is 1.95, based on 1,922 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. Nichia Steel Works's current 5-Year Yield-on-Cost % of 3.44 is 76.9% 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 Nichia Steel Works and its competitors. For the Industrial Products industry, the median 5-Year Yield-on-Cost % is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichia Steel Works's current 5-Year Yield-on-Cost % is 3.44, which is near median its own 10-year median of 3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichia Steel Works stock overvalued right now?
Based on GuruFocus' analysis, Nichia Steel Works (TSE:5658) is currently considered Modestly Overvalued. The stock's GF Value™ is 円326.61, compared to a current price of 円370.00 — trading 13.3% above its estimated fair value. The current 5-Year Yield-on-Cost % is 3.44, which is near median its 10-year median of 3.17 and 76.9% above the Industrial Products industry median of 1.95. Nichia Steel Works' overall GF Score™ is 67/100 with 7 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 Nichia Steel Works (TSE:5658), the current 5-Year Yield-on-Cost % is 3.44 as of Jul. 25, 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 Nichia Steel Works (TSE:5658) Overvalued in 2026?
Based on GuruFocus' analysis, Nichia Steel Works stock appears to be overvalued.
The current stock price of 円370.00 is trading 13.3% above its estimated GF Value™ of 円326.61.
GuruFocus considers Nichia Steel Works to be Modestly Overvalued.
Key valuation signals for TSE:5658:
5-Year Yield-on-Cost %: 3.44 (near median its 10-year median of 3.17)
GF Value™: 円326.61 vs. price of 円370.00 (13.3% above fair value)
Industry Position: 76.9% above the Industrial Products median (#631 of 1922)
No single metric tells the full story. See the TSE:5658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nichia Steel Works Ltd is a manufacturer of steel wire products, fasteners and related products. The products are used in various fields such as construction and civil infrastructure. It offers low carbon steel wire products, hard drawn steel wire products, fasteners & special products and other special finished products.
67GF Score
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