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Asahi Intecc Co (TSE:7747) 5-Year Yield-on-Cost % : 0.66 (As of May. 01, 2024)


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What is Asahi Intecc Co 5-Year Yield-on-Cost %?

Asahi Intecc Co's yield on cost for the quarter that ended in Dec. 2023 was 0.66.


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

TSE:7747' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.24   Med: 0.51   Max: 0.96
Current: 0.66


During the past 13 years, Asahi Intecc Co's highest Yield on Cost was 0.96. The lowest was 0.24. And the median was 0.51.


TSE:7747's 5-Year Yield-on-Cost % is ranked worse than
84.84% of 310 companies
in the Medical Devices & Instruments industry
Industry Median: 2.2 vs TSE:7747: 0.66

Competitive Comparison of Asahi Intecc Co's 5-Year Yield-on-Cost %

For the Medical Instruments & Supplies subindustry, Asahi Intecc 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.


Asahi Intecc Co's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Asahi Intecc Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Asahi Intecc 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 Asahi Intecc Co is calculated as

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

Asahi Intecc Co  (TSE:7747) 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.


Asahi Intecc Co 5-Year Yield-on-Cost % Related Terms

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Asahi Intecc Co (TSE:7747) Business Description

Traded in Other Exchanges
Address
1703 Wakita-cho, Nagoya, JPN
Asahi Intecc Co Ltd develops, manufactures, and sells medical devices. The firm operates in two segments: medical and device. The medical segment generates the vast majority of revenue and sells a range of guide wires and catheters for treatment and examination. The device segment sells components to medical and industrial companies, such as hollow cable tubes, catheter delivery systems, and stainless steel rope. Asahi's products are used in a variety of industries, including the medical, construction, automobile, office automation equipment, and electric appliance industries. Asahi generates the largest proportion of its revenue in Japan.

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