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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.
Deterra RoyaltiesASX:DRR -1.58%78 Forward Rate of Return (Yacktman) % is 13.20% as of Jun. 2026, which is 3% below its 10-year median of 13.66. GuruFocus rates ASX:DRR with a GF Score™ of 78/100 and a GF Value™ of A$3.89 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 444 Metals & Mining companies, Deterra Royalties ranks better than 59.23% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Deterra Royalties's forward rate of return for was 13.20%.
The historical rank and industry rank for Deterra Royalties's Forward Rate of Return (Yacktman) % or its related term are showing as below:
ASX:DRR'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 13.25 Med: 13.66 Max: 13.86
Current: 13.64
During the past 6 years, Deterra Royalties's highest Forward Rate of Return was 13.86. The lowest was 13.25. And the median was 13.66.
ASX:DRR's Forward Rate of Return (Yacktman) % is ranked better than 59.23% of 444
companies
in the Metals & Mining industry
Industry Median: 9.125
vs ASX:DRR: 13.64
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.
Deterra Royalties (ASX:DRR) 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.
Deterra Royalties Forward Rate of Return (Yacktman) % Related Terms
Deterra Royalties Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Deterra Royalties'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.
Deterra Royalties Forward Rate of Return (Yacktman) % Chart
Deterra Royalties Forward Rate of Return (Yacktman) % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Deterra Royalties'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.
Deterra Royalties Forward Rate of Return (Yacktman) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Deterra Royalties's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Deterra Royalties's Forward Rate of Return (Yacktman) % falls into.
Deterra Royalties 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).
* 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 13.20% mean?
Deterra Royalties (ASX:DRR) has a Forward Rate of Return (Yacktman) % of 13.20% 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 Deterra Royalties and its competitors. This is near median its historical median of 13.66. Over the past decade, Deterra Royalties' Forward Rate of Return (Yacktman) % has ranged from 13.25 to 13.86. According to the industry distribution chart, Deterra Royalties ranks #181 out of 444 companies in the Metals & Mining industry, placing it in the top 40.8%.
Is Deterra Royalties' Forward Rate of Return (Yacktman) % too high?
Deterra Royalties' current Forward Rate of Return (Yacktman) % of 13.20% is near median its 10-year median of 13.66. Over the past 10 years, this metric has ranged from a low of 13.25 to a high of 13.86. The Metals & Mining industry median Forward Rate of Return (Yacktman) % is 9.13. Deterra Royalties' value of 13.20% is 44.7% above this industry median. Based on the distribution chart, Deterra Royalties ranks #181 out of 444 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Deterra Royalties has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deterra Royalties' Forward Rate of Return (Yacktman) % compare to competitors?
According to the Metals & Mining industry distribution chart, Deterra Royalties ranks #181 out of 444 companies for Forward Rate of Return (Yacktman) %. This puts Deterra Royalties in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 9.13. Deterra Royalties' value of 13.20% is 44.7% above this benchmark. Historically, Deterra Royalties' own Forward Rate of Return (Yacktman) % has ranged from 13.25 to 13.86 over the past decade. While the company's 10-year median is 13.66 vs. the industry median of 9.13, Deterra Royalties 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 Metals & Mining company?
The median Forward Rate of Return (Yacktman) % among Metals & Mining companies is 9.13, based on 444 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. Deterra Royalties's current Forward Rate of Return (Yacktman) % of 13.20% is 44.7% 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 Deterra Royalties and its competitors. For the Metals & Mining industry, the median Forward Rate of Return (Yacktman) % is 9.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deterra Royalties's current Forward Rate of Return (Yacktman) % is 13.20%, which is near median its own 10-year median of 13.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deterra Royalties stock overvalued right now?
Based on GuruFocus' analysis, Deterra Royalties (ASX:DRR) is currently considered Modestly Overvalued. The stock's GF Value™ is A$3.89, compared to a current price of A$4.37 — trading 12.3% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 13.20%, which is near median its 10-year median of 13.66 and 44.7% above the Metals & Mining industry median of 9.13. Deterra Royalties' overall GF Score™ is 78/100 with 8 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 Deterra Royalties (ASX:DRR), the current Forward Rate of Return (Yacktman) % is 13.20% 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 Deterra Royalties (ASX:DRR) Overvalued in 2026?
Based on GuruFocus' analysis, Deterra Royalties stock appears to be overvalued.
The current stock price of A$4.37 is trading 12.3% above its estimated GF Value™ of A$3.89.
GuruFocus considers Deterra Royalties to be Modestly Overvalued.
Key valuation signals for ASX:DRR:
Forward Rate of Return (Yacktman) %: 13.20% (near median its 10-year median of 13.66)
GF Value™: A$3.89 vs. price of A$4.37 (12.3% above fair value)
Industry Position: 44.7% above the Metals & Mining median (#181 of 444)
No single metric tells the full story. See the ASX:DRR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deterra Royalties was spun out from Iluka Resources in October 2020, with Iluka retaining a 20% interest. Its only material income generating asset is a royalty covering iron ore produced by BHP from the Mining Area C royalty area in Western Australia. This includes the North Flank mine, producing around 60 million metric tons of iron ore a year, and the South Flank mine, which produces around 80 million metric tons. It also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop in the longer term as part of its plan to operate the MAC production hub for at least 50 years. Consistent with its strategy to grow into a diversified royalty firm, its Trident Royalties purchase is likely to provide modest diversification from iron ore.
78GF Score
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