Credit Group (ASX:CCP) 5-Year Yield-on-Cost % : 3.32 (As of Apr. 26, 2024)

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What is Credit Group 5-Year Yield-on-Cost %?

Credit Group's yield on cost for the quarter that ended in Dec. 2023 was 3.32.

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

ASX:CCP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.94 Med: 2.78 Max: 6.48
Current: 3.32

During the past 13 years, Credit Group's highest Yield on Cost was 6.48. The lowest was 0.94. And the median was 2.78.

ASX:CCP's 5-Year Yield-on-Cost % is ranked worse than
60% of 220 companies
in the Credit Services industry
Industry Median: 4.285 vs ASX:CCP: 3.32

Competitive Comparison of Credit Group's 5-Year Yield-on-Cost %

For the Credit Services subindustry, Credit Group'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.

Credit Group's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Credit Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Credit Group 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 Credit Group is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Credit Group (ASX:CCP) 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.

Credit Group 5-Year Yield-on-Cost % Related Terms

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Credit Group (ASX:CCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Corp Group Ltd (ASX:CCP) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 Kent Street, Level 15, Sydney, NSW, AUS, 2000

Website

https://www.creditcorp.com.au

Credit Corp operates in the distressed consumer debt market. In its core business, it acquires purchased debt ledgers, or PDLs, in Australia and is expanding this business globally by buying PDLs in the United States. These PDLs consist of unsecured debt that are at least six months in arrears and have already been through a collection process. Since 2012, Credit Corp also diversified its business into providing consumer credit to customers who are unable to gain access to credit from primary sources such as banks because of a poor credit history. Its consumer credit business is gaining scale but is also subject to increased regulatory scrutiny.

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