GURUFOCUS.COM » STOCK LIST » Technology » Software » Cigniti Technologies Ltd (BOM:534758) » Definitions » 5-Year Yield-on-Cost %

Cigniti Technologies (BOM:534758) 5-Year Yield-on-Cost % : 0.45 (As of May. 25, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Cigniti Technologies 5-Year Yield-on-Cost %?

Cigniti Technologies's yield on cost for the quarter that ended in Mar. 2024 was 0.45.


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

BOM:534758' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.23   Med: 0.42   Max: 0.61
Current: 0.45


During the past 13 years, Cigniti Technologies's highest Yield on Cost was 0.61. The lowest was 0.23. And the median was 0.42.


BOM:534758's 5-Year Yield-on-Cost % is ranked worse than
87.99% of 941 companies
in the Software industry
Industry Median: 2.24 vs BOM:534758: 0.45

Competitive Comparison of Cigniti Technologies's 5-Year Yield-on-Cost %

For the Information Technology Services subindustry, Cigniti Technologies'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.


Cigniti Technologies's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, Cigniti Technologies's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Cigniti Technologies 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 Cigniti Technologies is calculated as

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

Cigniti Technologies  (BOM:534758) 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.


Cigniti Technologies 5-Year Yield-on-Cost % Related Terms

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


Cigniti Technologies (BOM:534758) Business Description

Traded in Other Exchanges
Address
MGR Estates, Dwarakapuri Colony, Suite No. 106 and 107, 6-3-456/C, Punjagutta, Hyderabad, TG, IND, 500082
Cigniti Technologies Ltd is an India-based company engaged in Independent Software Testing Services. Its test offerings include Quality Engineering, Advisory and Transformation, Next Generation Testing, and Core Testing. The company's services include Agile testing, DevOps QA, Service Virtualization, Test Data Management, mobile testing, digital QA, Big Data and analytics testing, e-commerce testing, energy and utilities, medical device testing and game testing. It also provides functional testing, test automation, performance testing, security testing, enterprise resource planning (ERP) testing, regression testing, and globalization testing amongst others.

Cigniti Technologies (BOM:534758) Headlines

No Headlines