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Ta Chen Stainless Pipe Co (TPE:2027) 5-Year Yield-on-Cost % : 13.93 (As of May. 18, 2024)


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What is Ta Chen Stainless Pipe Co 5-Year Yield-on-Cost %?

Ta Chen Stainless Pipe Co's yield on cost for the quarter that ended in Mar. 2024 was 13.93.


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

TPE:2027' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.83   Med: 6.3   Max: 32.35
Current: 13.93


During the past 13 years, Ta Chen Stainless Pipe Co's highest Yield on Cost was 32.35. The lowest was 1.83. And the median was 6.30.


TPE:2027's 5-Year Yield-on-Cost % is ranked better than
88.73% of 355 companies
in the Steel industry
Industry Median: 3.44 vs TPE:2027: 13.93

Competitive Comparison of Ta Chen Stainless Pipe Co's 5-Year Yield-on-Cost %

For the Steel subindustry, Ta Chen Stainless Pipe 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.


Ta Chen Stainless Pipe Co's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ta Chen Stainless Pipe Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Ta Chen Stainless Pipe 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 Ta Chen Stainless Pipe Co is calculated as

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

Ta Chen Stainless Pipe Co  (TPE:2027) 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.


Ta Chen Stainless Pipe Co 5-Year Yield-on-Cost % Related Terms

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Ta Chen Stainless Pipe Co (TPE:2027) Business Description

Traded in Other Exchanges
N/A
Address
No.125 Hsin-Tien 2nd Street, Hsin-Tien, Jeng-Teh, Tainan, TWN
Ta Chen Stainless Pipe Co Ltd is a Taiwan-based company that is primarily engaged in manufacturing and distributing of stainless steel, fasteners, steel strips, aluminum and nickel alloy coils, sheets, plates, long products, tubes, and PVFs. The company generates most of its sales from stainless steel products and fasteners. The company particularly specializes in manufacturing stainless tube and its accessories, which are used in petrochemical and food industries. Geographically, the company generates almost all of its revenue from the American market, where the company distributes its products through its warehouses in Los Angeles, Chicago, Houston, Atlanta, Florida, Philadelphia, Seattle, and Cleveland.

Ta Chen Stainless Pipe Co (TPE:2027) Headlines

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