Banpu Power PCLBKK:BPP-R 84 Forward Rate of Return (Yacktman) % is 14.69% as of Mar. 2026, which is 35% above its 10-year median of 10.91. GuruFocus rates BKK:BPP-R with a GF Score™ of 84/100 and a GF Value™ of ฿10.21. The stock has 6 warning signs investors should review. Among 259 Utilities - Independent Power Producers companies, Banpu Power PCL ranks better than 69.5% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Banpu Power PCL's forward rate of return for was 14.69%.
The historical rank and industry rank for Banpu Power PCL's Forward Rate of Return (Yacktman) % or its related term are showing as below:
BKK:BPP-R'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -11.18 Med: 10.91 Max: 21.72
Current: 14.79
During the past 13 years, Banpu Power PCL's highest Forward Rate of Return was 21.72. The lowest was -11.18. And the median was 10.91.
BKK:BPP-R's Forward Rate of Return (Yacktman) % is ranked better than 69.5% of 259
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.11
vs BKK:BPP-R: 14.79
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.
Banpu Power PCL (BKK:BPP-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 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.
Banpu Power PCL Forward Rate of Return (Yacktman) % Related Terms
Banpu Power PCL Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Banpu Power 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.
Banpu Power PCL Forward Rate of Return (Yacktman) % Chart
BKK:BPP-R vs CEG, VST, NRG: Forward Rate of Return (Yacktman) % Comparison
For the Utilities - Independent Power Producers subindustry, Banpu Power 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.
Banpu Power PCL Forward Rate of Return (Yacktman) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Banpu Power PCL's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Banpu Power PCL's Forward Rate of Return (Yacktman) % falls into.
Banpu Power 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 14.69% mean?
Banpu Power PCL (BKK:BPP-R) has a Forward Rate of Return (Yacktman) % of 14.69% 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 Banpu Power PCL and its competitors. This is 35% above median its historical median of 10.91. According to the industry distribution chart, Banpu Power PCL ranks #79 out of 259 companies in the Utilities - Independent Power Producers industry, placing it in the top 30.5%.
Is Banpu Power PCL's Forward Rate of Return (Yacktman) % too high?
Banpu Power PCL's current Forward Rate of Return (Yacktman) % of 14.69% is 35% above median its 10-year median of 10.91. The Utilities - Independent Power Producers industry median Forward Rate of Return (Yacktman) % is 6.11. Banpu Power PCL's value of 14.69% is 140.4% above this industry median. Based on the distribution chart, Banpu Power PCL ranks #79 out of 259 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Banpu Power PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Banpu Power PCL's Forward Rate of Return (Yacktman) % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Banpu Power PCL ranks #79 out of 259 companies for Forward Rate of Return (Yacktman) %. This puts Banpu Power PCL in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 6.11. Banpu Power PCL's value of 14.69% is 140.4% above this benchmark. While the company's 10-year median is 10.91 vs. the industry median of 6.11, Banpu Power 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 an Utilities - Independent Power Producers company?
The median Forward Rate of Return (Yacktman) % among Utilities - Independent Power Producers companies is 6.11, based on 259 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. Banpu Power PCL's current Forward Rate of Return (Yacktman) % of 14.69% is 140.4% 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 Banpu Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Forward Rate of Return (Yacktman) % is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banpu Power PCL's current Forward Rate of Return (Yacktman) % is 14.69%, which is 35% above median its own 10-year median of 10.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banpu Power PCL stock overvalued right now?
Banpu Power PCL (BKK:BPP-R) has a current Forward Rate of Return (Yacktman) % of 14.69%. The stock's GF Value™ is ฿10.21, compared to a current price of ฿10.10 — trading 1.1% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 14.69%, which is 35% above median its 10-year median of 10.91 and 140.4% above the Utilities - Independent Power Producers industry median of 6.11. Banpu Power PCL's overall GF Score™ is 84/100 with 6 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 Banpu Power PCL (BKK:BPP-R), the current Forward Rate of Return (Yacktman) % is 14.69% 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 Banpu Power PCL (BKK:BPP-R) Overvalued in 2026?
Based on GuruFocus' analysis, Banpu Power PCL stock appears to be undervalued.
The current stock price of ฿10.10 is trading 1.1% below its estimated GF Value™ of ฿10.21.
Key valuation signals for BKK:BPP-R:
Forward Rate of Return (Yacktman) %: 14.69% (35% above median its 10-year median of 10.91)
GF Value™: ฿10.21 vs. price of ฿10.10 (1.1% below fair value)
Industry Position: 140.4% above the Utilities - Independent Power Producers median (#79 of 259)
No single metric tells the full story. See the BKK:BPP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banpu Power PCL is engaged in investments in power businesses in Thailand and overseas. The business activities of the group include the generation and sale of electricity and other related business. The company's business segments include Power+: Power generation from thermal and renewable energy sources, both domestically and internationally. Second segment being Future Tech: Battery energy storage systems, solar rooftop and floating solar systems, battery production, energy trading, e-mobility, and energy efficiency businesses. Geographically, the company has its presence in the United States which is the key revenue driver, China, and other regions.
84GF Score
Get the complete analysis for BKK:BPP-R
Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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