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Nemaura Medical (STU:N18A) 5-Year Yield-on-Cost % : 0.00 (As of May. 17, 2024)


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What is Nemaura Medical 5-Year Yield-on-Cost %?

Nemaura Medical's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



STU:N18A's 5-Year Yield-on-Cost % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.27
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Medical Devices subindustry, Nemaura Medical'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.


Nemaura Medical's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nemaura Medical's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Nemaura Medical 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 Nemaura Medical is calculated as

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

Nemaura Medical  (STU:N18A) 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.


Nemaura Medical 5-Year Yield-on-Cost % Related Terms

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Nemaura Medical (STU:N18A) Business Description

Traded in Other Exchanges
Address
57 West 57th Street, New York, NY, USA, 10019
Nemaura Medical Inc is a medical technology company developing sugarBEAT as a non-invasive, affordable, and flexible Continuous Glucose Monitor (CGM) designed for people with diabetes and pre-diabetics to manage their glucose levels. Insulin users can adjunctively use sugarBEAT when calibrated with a finger-stick glucose reading. SugarBEAT consists of a daily disposable adhesive skin patch connected to a rechargeable transmitter with an app displaying glucose readings at five-minute intervals for periods up to 24 hours.

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