ARGPF (Argo Graphics) Forward Rate of Return (Yacktman) %: 20.05% (As of Mar. 2026) — 18% Above Median

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Director of Data and Quant Analytics at GuruFocus
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ARGPF Argo Graphics Inc ARGPF
90 GF Score
Price $9.54
GF Value $11.81
! 2 Warning Signs
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What is Argo Graphics Forward Rate of Return (Yacktman) %?

Argo Graphics ARGPF 90 Forward Rate of Return (Yacktman) % is 20.05% as of Mar. 2026, which is 18% above its 10-year median of 17.05. GuruFocus rates ARGPF with a GF Scoreâ„¢ of 90/100 and a GF Valueâ„¢ of $11.81. The stock has 2 warning signs investors should review. Among 1,378 Software companies, Argo Graphics ranks better than 72.06% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Argo Graphics's forward rate of return for was 20.05%.

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

ARGPF' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 9.76   Med: 17.05   Max: 25.16
Current: 20.29

During the past 13 years, Argo Graphics's highest Forward Rate of Return was 25.16. The lowest was 9.76. And the median was 17.05.

ARGPF's Forward Rate of Return (Yacktman) % is ranked better than
72.06% of 1378 companies
in the Software industry
Industry Median: 13.175 vs ARGPF: 20.29

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.


Argo Graphics  (OTCPK:ARGPF) 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.


Argo Graphics Forward Rate of Return (Yacktman) % Related Terms


Argo Graphics Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Argo Graphics'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.

Argo Graphics Forward Rate of Return (Yacktman) % Chart

Argo Graphics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.22 15.37 15.60 16.59 20.05

Argo Graphics 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 0.00 0.00 0.00 20.05 0.00

ARGPF vs QH, SHOP, UBER: Forward Rate of Return (Yacktman) % Comparison

For the Software - Application subindustry, Argo Graphics'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.


Argo Graphics Forward Rate of Return (Yacktman) % vs Software Industry

For the Software industry and Technology sector, Argo Graphics's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


ARGPF
90GF Score
Argo Graphics Inc ARGPF
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Argo Graphics 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).

Argo Graphics's Forward Rate of Return of Mar. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.39533333/9.54+0.0771
=11.85 %

* 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 20.05% mean?
Argo Graphics (ARGPF) has a Forward Rate of Return (Yacktman) % of 20.05% as of Mar. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Argo Graphics and its competitors. This is 18% above median its historical median of 17.05. Over the past decade, Argo Graphics' Forward Rate of Return (Yacktman) % has ranged from 9.76 to 25.16. According to the industry distribution chart, Argo Graphics ranks #385 out of 1378 companies in the Software industry, placing it in the top 27.9%.
Is Argo Graphics' Forward Rate of Return (Yacktman) % too high?
Argo Graphics' current Forward Rate of Return (Yacktman) % of 20.05% is 18% above median its 10-year median of 17.05. Over the past 10 years, this metric has ranged from a low of 9.76 to a high of 25.16. The Software industry median Forward Rate of Return (Yacktman) % is 13.18. Argo Graphics' value of 20.05% is 52.2% above this industry median. Based on the distribution chart, Argo Graphics ranks #385 out of 1378 companies in the Software industry, which is above the industry midpoint. Overall, Argo Graphics has a GF Scoreâ„¢ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Argo Graphics' Forward Rate of Return (Yacktman) % compare to QH and SHOP?
According to the Software industry distribution chart, Argo Graphics ranks #385 out of 1378 companies for Forward Rate of Return (Yacktman) %. This puts Argo Graphics in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 13.18. Argo Graphics' value of 20.05% is 52.2% above this benchmark. Historically, Argo Graphics' own Forward Rate of Return (Yacktman) % has ranged from 9.76 to 25.16 over the past decade. While the company's 10-year median is 17.05 vs. the industry median of 13.18, Argo Graphics has consistently been above 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 Software company?
The median Forward Rate of Return (Yacktman) % among Software companies is 13.18, based on 1,378 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. Argo Graphics's current Forward Rate of Return (Yacktman) % of 20.05% is 52.2% above 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 Argo Graphics and its competitors. For the Software industry, the median Forward Rate of Return (Yacktman) % is 13.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Graphics's current Forward Rate of Return (Yacktman) % is 20.05%, which is 18% above median its own 10-year median of 17.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Graphics stock overvalued right now?
Argo Graphics (ARGPF) has a current Forward Rate of Return (Yacktman) % of 20.05%. The stock's GF Value™ is $11.81, compared to a current price of $9.54 — trading 19.2% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 20.05%, which is 18% above median its 10-year median of 17.05 and 52.2% above the Software industry median of 13.18. Argo Graphics' overall GF Score™ is 90/100 with 2 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 Argo Graphics (ARGPF), the current Forward Rate of Return (Yacktman) % is 20.05% as of Mar. 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 Argo Graphics (ARGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Argo Graphics stock appears to be undervalued. The current stock price of $9.54 is trading 19.2% below its estimated GF Value™ of $11.81.

Key valuation signals for ARGPF:

  • Forward Rate of Return (Yacktman) %: 20.05% (18% above median its 10-year median of 17.05)
  • GF Value™: $11.81 vs. price of $9.54 (19.2% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 52.2% above the Software median (#385 of 1378)

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


Argo Graphics Business Description

Other Exchanges 7595:Japan
Address 5-14 Nihombashi-hakozaki-cho, Tokyo, JPN, 103-0015
Argo Graphics Inc provides technical solutions such as HPC solutions and IT solutions including PLM solutions.
90GF Score

Get the complete analysis for ARGPF

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

$9.54
Price
$11.81
GF Value