GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » THK Co Ltd (TSE:6481) » Definitions » 5-Year Yield-on-Cost %

THK Co (TSE:6481) 5-Year Yield-on-Cost % : 1.66 (As of Apr. 25, 2024)


View and export this data going back to 2001. Start your Free Trial

What is THK Co 5-Year Yield-on-Cost %?

THK Co's yield on cost for the quarter that ended in Dec. 2023 was 1.66.


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

TSE:6481' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.44   Med: 1.84   Max: 5.02
Current: 1.66


During the past 13 years, THK Co's highest Yield on Cost was 5.02. The lowest was 0.44. And the median was 1.84.


TSE:6481's 5-Year Yield-on-Cost % is ranked worse than
57.78% of 1852 companies
in the Industrial Products industry
Industry Median: 2.075 vs TSE:6481: 1.66

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

For the Specialty Industrial Machinery subindustry, THK 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.


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

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

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



THK 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 THK Co is calculated as

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

THK Co  (TSE:6481) 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.


THK Co 5-Year Yield-on-Cost % Related Terms

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


THK Co (TSE:6481) Business Description

Traded in Other Exchanges
Address
3-11-6, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8503
THK Co Ltd is a Japan-based company that primarily manufactures machinery parts, including linear motion guides and ball screws, and transportation-equipment-related parts. The company operates through two segments. The industrial machinery segment provides products that are essential components in the production of machine tools and semiconductor production equipment. This segment also manufactures and sells electric actuators and unit products. The automotive and transportation segment develops and provides automotive components that support vehicles' basic functions. The company generates the majority of its revenue from the Japanese domestic market.

THK Co (TSE:6481) Headlines

No Headlines