ACKAY (Arcelik AS) Forward Rate of Return (Yacktman) %: 1.28% (As of Jun. 2026) — 93% Below Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ACKAY Arcelik AS ACKAY
74 GF Score
Price $9.90
GF Value $17.12
Valuation Possible Value Trap
! 7 Warning Signs
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What is Arcelik AS Forward Rate of Return (Yacktman) %?

Arcelik AS ACKAY -0.15% 74 Forward Rate of Return (Yacktman) % is 1.28% as of Jun. 2026, which is 93% below its 10-year median of 19.09. GuruFocus rates ACKAY with a GF Score™ of 74/100 and a GF Value™ of $17.12 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 329 Furnishings, Fixtures & Appliances companies, Arcelik AS ranks worse than 61.09% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Arcelik AS's forward rate of return for was 1.28%.

The historical rank and industry rank for Arcelik AS's Forward Rate of Return (Yacktman) % or its related term are showing as below:

ACKAY' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 0.5   Med: 19.09   Max: 29.94
Current: 0.5

During the past 13 years, Arcelik AS's highest Forward Rate of Return was 29.94. The lowest was 0.50. And the median was 19.09.

ACKAY's Forward Rate of Return (Yacktman) % is ranked worse than
61.09% of 329 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.89 vs ACKAY: 0.50

Unlike the Earnings Yield %, the Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Arcelik AS  (OTCPK:ACKAY) Forward Rate of Return (Yacktman) % Explanation

Unlike the Earnings Yield, the Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.

For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over five years. The reason we use five years is to make it comparable to the growth rate.


Be Aware

In the Forward Rate of Return calculation, the growth rate is added directly to today's free cash flow yield. Therefore the calculation is reliable only if the company can grow at the same rate in the future as it did in the past. Investors should pay close attention to this when researching growth stocks. A more accurate measurement for return is Return on Capital.


Arcelik AS Forward Rate of Return (Yacktman) % Related Terms


Arcelik AS Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Arcelik AS's Forward Rate of Return (Yacktman) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Arcelik AS Forward Rate of Return (Yacktman) % Chart

Arcelik AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.48 17.47 13.19 10.80 6.76

Arcelik AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Forward Rate of Return (Yacktman) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 5.82 6.76 2.10 1.28

ACKAY vs SN, SGI, MHK: Forward Rate of Return (Yacktman) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Arcelik AS's Forward Rate of Return (Yacktman) %, along with its competitors' market caps and Forward Rate of Return (Yacktman) % 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.


Arcelik AS Forward Rate of Return (Yacktman) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Arcelik AS's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Arcelik AS's Forward Rate of Return (Yacktman) % falls into.


ACKAY
74GF Score
Arcelik AS ACKAY
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Arcelik AS Forward Rate of Return (Yacktman) % Calculation

Forward Rate of Return is a concept that Don Yacktman uses in his investment approach. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. He said in the interview (March 2012, when the S&P 500 was at about 1400):

If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.

The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).

Arcelik AS's Forward Rate of Return of Jun. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=-3.86685714/12.52+0.1068
=-20.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Forward Rate of Return (Yacktman) % of 1.28% mean?
Arcelik AS (ACKAY) has a Forward Rate of Return (Yacktman) % of 1.28% as of Jun. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Arcelik AS and its competitors. This is 93% below median its historical median of 19.09. Over the past decade, Arcelik AS's Forward Rate of Return (Yacktman) % has ranged from 0.50 to 29.94. According to the industry distribution chart, Arcelik AS ranks #201 out of 329 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 61.1%.
Is Arcelik AS's Forward Rate of Return (Yacktman) % too high?
Arcelik AS's current Forward Rate of Return (Yacktman) % of 1.28% is 93% below median its 10-year median of 19.09. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 29.94. The Furnishings, Fixtures & Appliances industry median Forward Rate of Return (Yacktman) % is 5.89. Arcelik AS's value of 1.28% is 78.3% below this industry median. Based on the distribution chart, Arcelik AS ranks #201 out of 329 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Arcelik AS has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arcelik AS's Forward Rate of Return (Yacktman) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Arcelik AS ranks #201 out of 329 companies for Forward Rate of Return (Yacktman) %. This places Arcelik AS in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 5.89. Arcelik AS's value of 1.28% is 78.3% below this benchmark. Historically, Arcelik AS's own Forward Rate of Return (Yacktman) % has ranged from 0.50 to 29.94 over the past decade. While the company's 10-year median is 19.09 vs. the industry median of 5.89, Arcelik AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Rate of Return (Yacktman) % for a Furnishings, Fixtures & Appliances company?
The median Forward Rate of Return (Yacktman) % among Furnishings, Fixtures & Appliances companies is 5.89, based on 329 companies in the industry. Companies in the top quartile (top 25%) have a Forward Rate of Return (Yacktman) % significantly above this median, while those in the bottom quartile fall well below. However, Forward Rate of Return (Yacktman) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arcelik AS's current Forward Rate of Return (Yacktman) % of 1.28% is 78.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Rate of Return (Yacktman) % mean?
A high Forward Rate of Return (Yacktman) % can signal that a stock is expensive relative to its fundamentals. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Arcelik AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Forward Rate of Return (Yacktman) % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arcelik AS's current Forward Rate of Return (Yacktman) % is 1.28%, which is 93% below median its own 10-year median of 19.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arcelik AS stock overvalued right now?
Based on GuruFocus' analysis, Arcelik AS (ACKAY) is currently considered Possible Value Trap. The stock's GF Value™ is $17.12, compared to a current price of $9.90 — trading 42.2% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 1.28%, which is 93% below median its 10-year median of 19.09 and 78.3% below the Furnishings, Fixtures & Appliances industry median of 5.89. Arcelik AS's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Rate of Return (Yacktman) % calculated?
Forward Rate of Return (Yacktman) % is calculated from a company's financial statements. For Arcelik AS (ACKAY), the current Forward Rate of Return (Yacktman) % is 1.28% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Arcelik AS (ACKAY) Overvalued in 2026?

Based on GuruFocus' analysis, Arcelik AS stock appears to be undervalued. The current stock price of $9.90 is trading 42.2% below its estimated GF Value™ of $17.12. GuruFocus considers Arcelik AS to be Possible Value Trap.

Key valuation signals for ACKAY:

  • Forward Rate of Return (Yacktman) %: 1.28% (93% below median its 10-year median of 19.09)
  • GF Value™: $17.12 vs. price of $9.90 (42.2% below fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 78.3% below the Furnishings, Fixtures & Appliances median (#201 of 329)

No single metric tells the full story. See the ACKAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arcelik AS Business Description

Other Exchanges ARCLK:TurkeyRCAA:Germany
Address Karaagac Caddesi No 2-6, Sutluce, Beyoglu, Istanbul, TUR, 34445
Arcelik AS is a Turkey-based company that is principally engaged in manufacturing household appliances. Its products consist of consumer durable goods, consumer electronics, kitchen accessories, and small home appliances. It provides after-sale services as well. It supplies products and services under the brands of Altus, Arctic, Arcelik, Beko, Blomberg, Dawlance, Defy, Elektrabregenz, Flavel, Grundig, Leisure, and VoltasBeko among others. The company's reportable segments are White goods and Consumer Electronics. The majority of its revenue is derived from the White goods segment which comprises washing machines, dryers, dishwashers, refrigerators, ovens, cookers, and the services provided for these products. Geographically, key revenue for the company is generated from Europe.
74GF Score

Get the complete analysis for ACKAY

Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.90
Price
$17.12
GF Value