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New HopeASX:NHC +1.77%73 Forward Rate of Return (Yacktman) % is 0.00% as of Jul. 2025. GuruFocus rates ASX:NHC with a GF Score™ of 73/100 and a GF Value™ of A$4.12 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 89 Other Energy Sources companies, New Hope ranks worse than 91.01% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. New Hope's forward rate of return for was 0.00%.
The historical rank and industry rank for New Hope's Forward Rate of Return (Yacktman) % or its related term are showing as below:
ASX:NHC'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -28.19 Med: 0 Max: 0
Current: -28.19
ASX:NHC's Forward Rate of Return (Yacktman) % is ranked worse than 91.01% of 89
companies
in the Other Energy Sources industry
Industry Median: 8.44
vs ASX:NHC: -28.19
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.
New Hope (ASX:NHC) 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.
New Hope Forward Rate of Return (Yacktman) % Related Terms
New Hope Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for New Hope'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.
New Hope Forward Rate of Return (Yacktman) % Chart
New Hope Forward Rate of Return (Yacktman) % Competitor Comparison
For the Thermal Coal subindustry, New Hope'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.
New Hope Forward Rate of Return (Yacktman) % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, New Hope's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where New Hope's Forward Rate of Return (Yacktman) % falls into.
New Hope 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 0.00% mean?
New Hope (ASX:NHC) has a Forward Rate of Return (Yacktman) % of 0.00% as of Jul. 2025. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on New Hope and its competitors. According to the industry distribution chart, New Hope ranks #81 out of 89 companies in the Other Energy Sources industry, placing it in the top 91%.
Is New Hope's Forward Rate of Return (Yacktman) % too high?
New Hope's current Forward Rate of Return (Yacktman) % is 0.00%. Based on the distribution chart, New Hope ranks #81 out of 89 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, New Hope has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Hope's Forward Rate of Return (Yacktman) % compare to competitors?
According to the Other Energy Sources industry distribution chart, New Hope ranks #81 out of 89 companies for Forward Rate of Return (Yacktman) %. This places New Hope in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 8.44. 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 an Other Energy Sources company?
The median Forward Rate of Return (Yacktman) % among Other Energy Sources companies is 8.44, based on 89 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. 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 New Hope and its competitors. For the Other Energy Sources industry, the median Forward Rate of Return (Yacktman) % is 8.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Hope's current Forward Rate of Return (Yacktman) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Hope stock overvalued right now?
Based on GuruFocus' analysis, New Hope (ASX:NHC) is currently considered Significantly Overvalued. The stock's GF Value™ is A$4.12, compared to a current price of A$5.76 — trading 39.8% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 0.00%. New Hope's overall GF Score™ is 73/100 with 11 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 New Hope (ASX:NHC), the current Forward Rate of Return (Yacktman) % is 0.00% as of Jul. 2025. 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 New Hope (ASX:NHC) Overvalued in 2026?
Based on GuruFocus' analysis, New Hope stock appears to be overvalued.
The current stock price of A$5.76 is trading 39.8% above its estimated GF Value™ of A$4.12.
GuruFocus considers New Hope to be Significantly Overvalued.
Key valuation signals for ASX:NHC:
Forward Rate of Return (Yacktman) %: 0.00%
GF Value™: A$4.12 vs. price of A$5.76 (39.8% above fair value)
No single metric tells the full story. See the ASX:NHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should sell around 13 million metric tons of thermal coal annually from fiscal 2028, up from around 10.5 million in fiscal 2025, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 23% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.
73GF Score
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