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Munjal Showa (BOM:520043) 5-Year Yield-on-Cost % : 3.04 (As of May. 01, 2024)


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What is Munjal Showa 5-Year Yield-on-Cost %?

Munjal Showa's yield on cost for the quarter that ended in Dec. 2023 was 3.04.


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

BOM:520043' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.46   Med: 3.44   Max: 8.2
Current: 3.04


During the past 13 years, Munjal Showa's highest Yield on Cost was 8.20. The lowest was 1.46. And the median was 3.44.


BOM:520043's 5-Year Yield-on-Cost % is ranked better than
58.26% of 805 companies
in the Vehicles & Parts industry
Industry Median: 2.39 vs BOM:520043: 3.04

Competitive Comparison of Munjal Showa's 5-Year Yield-on-Cost %

For the Auto Parts subindustry, Munjal Showa'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.


Munjal Showa's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Munjal Showa's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Munjal Showa 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 Munjal Showa is calculated as

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

Munjal Showa  (BOM:520043) 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.


Munjal Showa 5-Year Yield-on-Cost % Related Terms

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Munjal Showa (BOM:520043) Business Description

Traded in Other Exchanges
Address
9-11, Maruti Industrial Area, Sector 18, Gurugram, HR, IND, 122 015
Munjal Showa Ltd operates as an ancillary and manufactures auto components for the two-wheeler and four-wheeler industry. The company's primary products are front forks, shock absorbers, struts, gas springs, and window balancers. Geographically, it derives a majority of revenue from India. It operates in the Auto Components segment.

Munjal Showa (BOM:520043) Headlines

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