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Samwon Steel Co (XKRX:023000) 5-Year Yield-on-Cost % : 3.69 (As of May. 19, 2024)


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What is Samwon Steel Co 5-Year Yield-on-Cost %?

Samwon Steel Co's yield on cost for the quarter that ended in Dec. 2023 was 3.69.


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

XKRX:023000' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.09   Med: 3.28   Max: 6.85
Current: 3.69


During the past 13 years, Samwon Steel Co's highest Yield on Cost was 6.85. The lowest was 2.09. And the median was 3.28.


XKRX:023000's 5-Year Yield-on-Cost % is ranked better than
52.39% of 355 companies
in the Steel industry
Industry Median: 3.44 vs XKRX:023000: 3.69

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

For the Steel subindustry, Samwon Steel 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.


Samwon Steel Co's 5-Year Yield-on-Cost % Distribution in the Steel Industry

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

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



Samwon Steel 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 Samwon Steel Co is calculated as

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

Samwon Steel Co  (XKRX:023000) 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.


Samwon Steel Co 5-Year Yield-on-Cost % Related Terms

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Samwon Steel Co (XKRX:023000) Business Description

Traded in Other Exchanges
N/A
Address
752, Daegak-ri, Daesong-Myeon, Nam-Gu, Gyeongsangbuk-do, Pohang, North Gyeongsang, KOR, 790-841
Samwon Steel Co Ltd is a South Korea based supplier of spring materials. The company manufactures laminated springs, wire rod, torsion bars, steel pipes for automobiles. It is also engaged in research and development of lightweight and high-stress resistant materials.

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