Bangkok Bank PCLBKK:BBL-R 47 Forward Rate of Return (Yacktman) % is 23.75% as of Mar. 2026, which is 10% below its 10-year median of 26.47. GuruFocus rates BKK:BBL-R with a GF Score™ of 47/100 and a GF Value™ of ฿126.37. The stock has 5 warning signs investors should review. Among 1,414 Banks companies, Bangkok Bank PCL ranks better than 68.6% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Bangkok Bank PCL's forward rate of return for was 23.75%.
The historical rank and industry rank for Bangkok Bank PCL's Forward Rate of Return (Yacktman) % or its related term are showing as below:
BKK:BBL-R'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 9.14 Med: 26.47 Max: 49.44
Current: 21.16
During the past 13 years, Bangkok Bank PCL's highest Forward Rate of Return was 49.44. The lowest was 9.14. And the median was 26.47.
BKK:BBL-R's Forward Rate of Return (Yacktman) % is ranked better than 68.6% of 1414
companies
in the Banks industry
Industry Median: 15.515
vs BKK:BBL-R: 21.16
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.
Bangkok Bank PCL (BKK:BBL-R) 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 Book Value 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.
Bangkok Bank PCL Forward Rate of Return (Yacktman) % Related Terms
Bangkok Bank PCL Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Bangkok Bank PCL'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.
Bangkok Bank PCL Forward Rate of Return (Yacktman) % Chart
Bangkok Bank PCL Forward Rate of Return (Yacktman) % Competitor Comparison
For the Banks - Regional subindustry, Bangkok Bank PCL'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.
Bangkok Bank PCL Forward Rate of Return (Yacktman) % vs Banks Industry
For the Banks industry and Financial Services sector, Bangkok Bank PCL's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Bangkok Bank PCL's Forward Rate of Return (Yacktman) % falls into.
Bangkok Bank PCL 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 23.75% mean?
Bangkok Bank PCL (BKK:BBL-R) has a Forward Rate of Return (Yacktman) % of 23.75% 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 Bangkok Bank PCL and its competitors. This is 10% below median its historical median of 26.47. Over the past decade, Bangkok Bank PCL's Forward Rate of Return (Yacktman) % has ranged from 9.14 to 49.44. According to the industry distribution chart, Bangkok Bank PCL ranks #444 out of 1414 companies in the Banks industry, placing it in the top 31.4%.
Is Bangkok Bank PCL's Forward Rate of Return (Yacktman) % too high?
Bangkok Bank PCL's current Forward Rate of Return (Yacktman) % of 23.75% is 10% below median its 10-year median of 26.47. Over the past 10 years, this metric has ranged from a low of 9.14 to a high of 49.44. The Banks industry median Forward Rate of Return (Yacktman) % is 15.52. Bangkok Bank PCL's value of 23.75% is 53.1% above this industry median. Based on the distribution chart, Bangkok Bank PCL ranks #444 out of 1414 companies in the Banks industry, which is above the industry midpoint. Overall, Bangkok Bank PCL has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Bangkok Bank PCL's Forward Rate of Return (Yacktman) % compare to competitors?
According to the Banks industry distribution chart, Bangkok Bank PCL ranks #444 out of 1414 companies for Forward Rate of Return (Yacktman) %. This puts Bangkok Bank PCL in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 15.52. Bangkok Bank PCL's value of 23.75% is 53.1% above this benchmark. Historically, Bangkok Bank PCL's own Forward Rate of Return (Yacktman) % has ranged from 9.14 to 49.44 over the past decade. While the company's 10-year median is 26.47 vs. the industry median of 15.52, Bangkok Bank PCL 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 Banks company?
The median Forward Rate of Return (Yacktman) % among Banks companies is 15.52, based on 1,414 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. Bangkok Bank PCL's current Forward Rate of Return (Yacktman) % of 23.75% is 53.1% 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 Bangkok Bank PCL and its competitors. For the Banks industry, the median Forward Rate of Return (Yacktman) % is 15.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Bank PCL's current Forward Rate of Return (Yacktman) % is 23.75%, which is 10% below median its own 10-year median of 26.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Bank PCL stock overvalued right now?
Bangkok Bank PCL (BKK:BBL-R) has a current Forward Rate of Return (Yacktman) % of 23.75%. The stock's GF Value™ is ฿126.37, compared to a current price of ฿168.63 — trading 33.4% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 23.75%, which is 10% below median its 10-year median of 26.47 and 53.1% above the Banks industry median of 15.52. Bangkok Bank PCL's overall GF Score™ is 47/100 with 5 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 Bangkok Bank PCL (BKK:BBL-R), the current Forward Rate of Return (Yacktman) % is 23.75% 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 Bangkok Bank PCL (BKK:BBL-R) Overvalued in 2026?
Based on GuruFocus' analysis, Bangkok Bank PCL stock appears to be overvalued.
The current stock price of ฿168.63 is trading 33.4% above its estimated GF Value™ of ฿126.37.
Key valuation signals for BKK:BBL-R:
Forward Rate of Return (Yacktman) %: 23.75% (10% below median its 10-year median of 26.47)
GF Value™: ฿126.37 vs. price of ฿168.63 (33.4% above fair value)
Industry Position: 53.1% above the Banks median (#444 of 1414)
No single metric tells the full story. See the BKK:BBL-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bangkok Bank PCL is a Thai commercial bank with some international exposure. The bank's operaing segments are: Domestic banking, International banking, Investment banking, and Others. The majority of its revenue is generated from the Domestic banking segment, which provides financial services in domestic market. The main products and services offered under this segment are loans, deposits, trade finance, remittances and payments, electronic services, credit cards, debit cards and other related financial services. The International banking segment provides financial services through overseas branches and subsidiaries, and the Investment banking segment provides project services, corporate finance services, financial advisory services, securities business services, etc.
47GF Score
Get the complete analysis for BKK:BBL-R
Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:BBL-R has been successfully added to your 
