GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tsubaki Nakashima Co Ltd (TSE:6464) » Definitions » 5-Year Yield-on-Cost %

Tsubaki Nakashima Co (TSE:6464) 5-Year Yield-on-Cost % : 0.30 (As of May. 05, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Tsubaki Nakashima Co 5-Year Yield-on-Cost %?

Tsubaki Nakashima Co's yield on cost for the quarter that ended in Dec. 2023 was 0.30.


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

TSE:6464' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.26   Med: 0.63   Max: 2.82
Current: 0.3


During the past 12 years, Tsubaki Nakashima Co's highest Yield on Cost was 2.82. The lowest was 0.26. And the median was 0.63.


TSE:6464's 5-Year Yield-on-Cost % is ranked worse than
90.97% of 1849 companies
in the Industrial Products industry
Industry Median: 2.07 vs TSE:6464: 0.30

Competitive Comparison of Tsubaki Nakashima Co's 5-Year Yield-on-Cost %

For the Tools & Accessories subindustry, Tsubaki Nakashima 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.


Tsubaki Nakashima Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tsubaki Nakashima Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Tsubaki Nakashima Co's 5-Year Yield-on-Cost % falls into.



Tsubaki Nakashima 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.

Therefore, Yield-on-Cost of Tsubaki Nakashima Co is calculated as

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

Tsubaki Nakashima Co  (TSE:6464) 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.


Tsubaki Nakashima Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Tsubaki Nakashima Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tsubaki Nakashima Co (TSE:6464) Business Description

Traded in Other Exchanges
N/A
Address
19, Shakudo, Katsuragi, JPN, 639-2162
Tsubaki Nakashima Co Ltd is Japanese based steel balls and precision products, manufacturer. The company is engaged in the production and sale of industrial precision balls, rollers, ball screws, large-scale blowers, cages and sheet metal parts. Its products are used for bearing and other applications such as transportation equipment, home appliances, machine tools, robots, drone, automation equipment, ballpoint pen, and cosmetic spray.

Tsubaki Nakashima Co (TSE:6464) Headlines

No Headlines