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Cactus (FRA:43C) 5-Year Yield-on-Cost % : 0.91 (As of May. 05, 2024)


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What is Cactus 5-Year Yield-on-Cost %?

Cactus's yield on cost for the quarter that ended in Mar. 2024 was 0.91.


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

FRA:43C' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.26   Med: 1   Max: 2.12
Current: 0.91


During the past 9 years, Cactus's highest Yield on Cost was 2.12. The lowest was 0.26. And the median was 1.00.


FRA:43C's 5-Year Yield-on-Cost % is ranked worse than
90.69% of 494 companies
in the Oil & Gas industry
Industry Median: 4.825 vs FRA:43C: 0.91

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

For the Oil & Gas Equipment & Services subindustry, Cactus'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.


Cactus's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cactus's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Cactus 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 Cactus is calculated as

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

Cactus  (FRA:43C) 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.


Cactus 5-Year Yield-on-Cost % Related Terms

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Cactus (FRA:43C) Business Description

Industry
Traded in Other Exchanges
Address
920 Memorial City Way, Suite 300, Houston, TX, USA, 77024
Cactus Inc is engaged in the designing, manufacturing, and sale of wellheads and pressure control equipment. Its principal products include Cactus SafeDrill wellhead systems, frac stacks, zipper manifolds, and production trees. The company also provides mission-critical field services, including service crews to assist with the installation, maintenance, and safe handling of the wellhead and pressure control equipment, as well as repair services for equipment that it sells or rents. It sells or rents its products principally for onshore unconventional oil and gas wells that are utilized during the drilling, completion (including fracturing), and production.

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