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ERA Co (SZSE:002641) 5-Year Yield-on-Cost % : 0.21 (As of May. 26, 2024)


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What is ERA Co 5-Year Yield-on-Cost %?

ERA Co's yield on cost for the quarter that ended in Mar. 2024 was 0.21.


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

SZSE:002641' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.14   Med: 0.63   Max: 2.39
Current: 0.21


During the past 13 years, ERA Co's highest Yield on Cost was 2.39. The lowest was 0.14. And the median was 0.63.


SZSE:002641's 5-Year Yield-on-Cost % is ranked worse than
96.8% of 969 companies
in the Construction industry
Industry Median: 3.23 vs SZSE:002641: 0.21

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

For the Building Products & Equipment subindustry, ERA Co'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.


ERA Co's 5-Year Yield-on-Cost % Distribution in the Construction Industry

For the Construction industry and Industrials sector, ERA Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



ERA Co 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 ERA Co is calculated as

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

ERA Co  (SZSE:002641) 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.


ERA Co 5-Year Yield-on-Cost % Related Terms

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


ERA Co (SZSE:002641) Business Description

Traded in Other Exchanges
N/A
Address
No.2 Daixi Road, Economic Development Zone, Huangyan East, Zhejiang Province, Taizhou, CHN
ERA Co Ltd, formerly Yonggao Co Ltd manufacturers of plastic valves and fittings. Its products offer PP compression fittings and clamp saddles, CPVC valves, PVC pressure pipes and fittings and PVC pressure fittings, among others.
Executives
Zhang Wei Directors, executives
Lu Zhen Yu Director
Lu Cai Fen Director
Zhang Xian Kang Executives
Lin Ying Fu Executives
Wang Jie Jun Executives

ERA Co (SZSE:002641) Headlines

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