Bisalloy Steel Group (ASX:BIS) 5-Year Yield-on-Cost % : 24.42 (As of Jun. 05, 2024)

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What is Bisalloy Steel Group 5-Year Yield-on-Cost %?

Bisalloy Steel Group's yield on cost for the quarter that ended in Dec. 2023 was 24.42.

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

ASX:BIS' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 11.76 Med: 22.72 Max: 90.44
Current: 24.42

During the past 13 years, Bisalloy Steel Group's highest Yield on Cost was 90.44. The lowest was 11.76. And the median was 22.72.

ASX:BIS's 5-Year Yield-on-Cost % is ranked better than
95.74% of 352 companies
in the Steel industry
Industry Median: 3.365 vs ASX:BIS: 24.42

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

For the Steel subindustry, Bisalloy Steel 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.

Bisalloy Steel Group's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bisalloy Steel Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Bisalloy Steel 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 Bisalloy Steel Group is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Bisalloy Steel Group (ASX:BIS) 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.

Bisalloy Steel Group 5-Year Yield-on-Cost % Related Terms

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Bisalloy Steel Group (ASX:BIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bisalloy Steel Group Ltd (ASX:BIS) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Resolution Drive, Unanderra, Wollongong, NSW, AUS, 2526

Website

https://www.bisalloy.com.au

Bisalloy Steel Group Ltd is engaged in the processing and sale of quenched and tempered high-tensile, and abrasion-resistant steel plates. The company is organized into geographical operating segments, being Australian Operations is engaged in the distribution of wear-grade and high tensile plates through distributors and directly to original equipment manufacturers in both Australia and Overseas. Its Overseas Operations engage in the distribution of the abrasion-resistant plate as well as other steel plate products. The Overseas Operations also focus on the marketing and distribution of quench and tempered steel plates. The majority of its revenue is derived from Australian Operations. The company's products are marketed under the BISALLOY brand name.