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Axtel Industries (BOM:523850) 5-Year Yield-on-Cost % : 4.27 (As of May. 26, 2024)


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What is Axtel Industries 5-Year Yield-on-Cost %?

Axtel Industries's yield on cost for the quarter that ended in Mar. 2024 was 4.27.


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

BOM:523850' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.09   Med: 3.18   Max: 11.85
Current: 4.27


During the past 13 years, Axtel Industries's highest Yield on Cost was 11.85. The lowest was 1.09. And the median was 3.18.


BOM:523850's 5-Year Yield-on-Cost % is ranked better than
75.41% of 1871 companies
in the Industrial Products industry
Industry Median: 2.06 vs BOM:523850: 4.27

Competitive Comparison of Axtel Industries's 5-Year Yield-on-Cost %

For the Specialty Industrial Machinery subindustry, Axtel Industries'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.


Axtel Industries's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

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

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



Axtel Industries 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 Axtel Industries is calculated as

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

Axtel Industries  (BOM:523850) 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.


Axtel Industries 5-Year Yield-on-Cost % Related Terms

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Axtel Industries (BOM:523850) Business Description

Traded in Other Exchanges
N/A
Address
Vadodara-Halol Highway, P.O. Baska, Plot No. 43/1, Village Nurpura, District Panchmahals, Halol, GJ, IND, 389350
Axtel Industries Ltd is engaged in engineering process equipment for the food industry. The company is involved in turnkey systems, product development, and customer service. The business of the company operates in one segment that is Manufacturing Food Processing Instruments. The company derives revenue from the sale of machinery i.e. manufactured goods and related services. The product line of the company consists of solids handling, storage and discharge, sieving and straining, cleaning and grading, size reduction, mixing and blending, and specialized process equipment.

Axtel Industries (BOM:523850) Headlines

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