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AP Rentals Holdings (HKSE:01496) 5-Year Yield-on-Cost % : 5.28 (As of May. 16, 2024)


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What is AP Rentals Holdings 5-Year Yield-on-Cost %?

AP Rentals Holdings's yield on cost for the quarter that ended in Sep. 2023 was 5.28.


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

HKSE:01496' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.6   Med: 1.82   Max: 5.8
Current: 5.28


During the past 9 years, AP Rentals Holdings's highest Yield on Cost was 5.80. The lowest was 0.60. And the median was 1.82.


HKSE:01496's 5-Year Yield-on-Cost % is ranked better than
68.37% of 588 companies
in the Business Services industry
Industry Median: 3.485 vs HKSE:01496: 5.28

Competitive Comparison of AP Rentals Holdings's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, AP Rentals Holdings'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.


AP Rentals Holdings's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, AP Rentals Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

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



AP Rentals Holdings 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 AP Rentals Holdings is calculated as

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

AP Rentals Holdings  (HKSE:01496) 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.


AP Rentals Holdings 5-Year Yield-on-Cost % Related Terms

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AP Rentals Holdings (HKSE:01496) Business Description

Traded in Other Exchanges
N/A
Address
No. 75, Mody Road, Unit 806A, 8th Floor, Tower II, South Seas Centre, Kowloon, Hong Kong, HKG
AP Rentals Holdings Ltd operates as an equipment rental service company in Hong Kong. The company's operating segment includes Leasing and Trading. where the leasing segment is engaged in the leasing of machinery, lease-related operating service, repair and maintenance service, delivery service, and installation service, and the trading segment includes sales of machinery and parts. The company generates maximum revenue from the Leasing segment. Geographically, the company derives the majority of its revenue from Hong Kong and has a presence in Macau, PRC, and Singapore.

AP Rentals Holdings (HKSE:01496) Headlines

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