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Shibaura Machine Co (TSE:6104) 5-Year Yield-on-Cost % : 3.84 (As of May. 15, 2024)


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What is Shibaura Machine Co 5-Year Yield-on-Cost %?

Shibaura Machine Co's yield on cost for the quarter that ended in Dec. 2023 was 3.84.


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

TSE:6104' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.22   Med: 2.43   Max: 4.17
Current: 3.84


During the past 13 years, Shibaura Machine Co's highest Yield on Cost was 4.17. The lowest was 1.22. And the median was 2.43.


TSE:6104's 5-Year Yield-on-Cost % is ranked better than
73.59% of 1859 companies
in the Industrial Products industry
Industry Median: 2.04 vs TSE:6104: 3.84

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

For the Specialty Industrial Machinery subindustry, Shibaura Machine 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.


Shibaura Machine Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

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

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



Shibaura Machine 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 Shibaura Machine Co is calculated as

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

Shibaura Machine Co  (TSE:6104) 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.


Shibaura Machine Co 5-Year Yield-on-Cost % Related Terms

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Shibaura Machine Co (TSE:6104) Business Description

Traded in Other Exchanges
Address
2068-3 Ooka, Shizuoka Prefecture, Numazu, JPN, 410-8510
Shibaura Machine is engaged in manufacturing and distribution of molding machineries and machine tools. The business of the company is divided into two segments: molding machinery and machine tools. The company's product portfolio comprises injection molding machines, die-casting machines, plastic extrusion, large-size machine tools, portal-type machine tools, machining centers, horizontal boring machines, and high-precision machines, among others. The company's products are used in manufacturing of computers, automobile engines, transmissions, medical products, high-precision lenses, displays, construction machines, and wind power generation. A vast majority of the company's revenue is generated by the molding machinery segment, and the company earns most of its revenue in Japan.

Shibaura Machine Co (TSE:6104) Headlines

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