Dusit Thani PCL (BKK:DUSIT-R) Forward Rate of Return (Yacktman) %: 18.21% (As of Jun. 2026) — 1993% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BKK:DUSIT-R Dusit Thani PCL BKK:DUSIT-R
63 GF Score
Price ฿11.10
GF Value ฿15.65
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Dusit Thani PCL Forward Rate of Return (Yacktman) %?

Dusit Thani PCL BKK:DUSIT-R 63 Forward Rate of Return (Yacktman) % is 18.21% as of Jun. 2026, which is 1993% above its 10-year median of 0.87. GuruFocus rates BKK:DUSIT-R with a GF Score™ of 63/100 and a GF Value™ of ฿15.65 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 567 Travel & Leisure companies, Dusit Thani PCL ranks better than 61.02% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Dusit Thani PCL's forward rate of return for was 18.21%.

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

BKK:DUSIT-R' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -35.72   Med: 0.87   Max: 23.3
Current: 18.19

During the past 13 years, Dusit Thani PCL's highest Forward Rate of Return was 23.30. The lowest was -35.72. And the median was 0.87.

BKK:DUSIT-R's Forward Rate of Return (Yacktman) % is ranked better than
61.02% of 567 companies
in the Travel & Leisure industry
Industry Median: 10.21 vs BKK:DUSIT-R: 18.19

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.


Dusit Thani PCL  (BKK:DUSIT-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.


Dusit Thani PCL Forward Rate of Return (Yacktman) % Related Terms


Dusit Thani PCL Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Dusit Thani 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.

Dusit Thani PCL Forward Rate of Return (Yacktman) % Chart

Dusit Thani PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.49 -32.12 -16.68 4.07 14.67

Dusit Thani PCL 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 9.60 14.49 14.67 15.78 18.21

BKK:DUSIT-R vs MAR, HLT, H: Forward Rate of Return (Yacktman) % Comparison

For the Lodging subindustry, Dusit Thani 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.


Dusit Thani PCL Forward Rate of Return (Yacktman) % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dusit Thani PCL's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


BKK:DUSIT-R
63GF Score
Dusit Thani PCL BKK:DUSIT-R
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dusit Thani 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).

Dusit Thani PCL's Forward Rate of Return of Jun. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=-0.2007619/10.0931+0.2
=18.01 %

* 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 18.21% mean?
Dusit Thani PCL (BKK:DUSIT-R) has a Forward Rate of Return (Yacktman) % of 18.21% 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 Dusit Thani PCL and its competitors. This is 1993% above median its historical median of 0.87. According to the industry distribution chart, Dusit Thani PCL ranks #221 out of 567 companies in the Travel & Leisure industry, placing it in the top 39%.
Is Dusit Thani PCL's Forward Rate of Return (Yacktman) % too high?
Dusit Thani PCL's current Forward Rate of Return (Yacktman) % of 18.21% is 1993% above median its 10-year median of 0.87. The Travel & Leisure industry median Forward Rate of Return (Yacktman) % is 10.21. Dusit Thani PCL's value of 18.21% is 78.4% above this industry median. Based on the distribution chart, Dusit Thani PCL ranks #221 out of 567 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Dusit Thani PCL has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dusit Thani PCL's Forward Rate of Return (Yacktman) % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Dusit Thani PCL ranks #221 out of 567 companies for Forward Rate of Return (Yacktman) %. This puts Dusit Thani PCL in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 10.21. Dusit Thani PCL's value of 18.21% is 78.4% above this benchmark. While the company's 10-year median is 0.87 vs. the industry median of 10.21, Dusit Thani 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 Travel & Leisure company?
The median Forward Rate of Return (Yacktman) % among Travel & Leisure companies is 10.21, based on 567 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. Dusit Thani PCL's current Forward Rate of Return (Yacktman) % of 18.21% is 78.4% 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 Dusit Thani PCL and its competitors. For the Travel & Leisure industry, the median Forward Rate of Return (Yacktman) % is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dusit Thani PCL's current Forward Rate of Return (Yacktman) % is 18.21%, which is 1993% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dusit Thani PCL stock overvalued right now?
Based on GuruFocus' analysis, Dusit Thani PCL (BKK:DUSIT-R) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿15.65, compared to a current price of ฿11.10 — trading 29.1% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 18.21%, which is 1993% above median its 10-year median of 0.87 and 78.4% above the Travel & Leisure industry median of 10.21. Dusit Thani PCL's overall GF Score™ is 63/100 with 9 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 Dusit Thani PCL (BKK:DUSIT-R), the current Forward Rate of Return (Yacktman) % is 18.21% 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 Dusit Thani PCL (BKK:DUSIT-R) Overvalued in 2026?

Based on GuruFocus' analysis, Dusit Thani PCL stock appears to be undervalued. The current stock price of ฿11.10 is trading 29.1% below its estimated GF Value™ of ฿15.65. GuruFocus considers Dusit Thani PCL to be Modestly Undervalued.

Key valuation signals for BKK:DUSIT-R:

  • Forward Rate of Return (Yacktman) %: 18.21% (1993% above median its 10-year median of 0.87)
  • GF Value™: ฿15.65 vs. price of ฿11.10 (29.1% below fair value)
  • GF Score™: 63/100 with 9 warning signs
  • Industry Position: 78.4% above the Travel & Leisure median (#221 of 567)

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


Dusit Thani PCL Business Description

Other Exchanges DUSIT:Thailand
Address Phayathai Roadvai, 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Dusit Thani PCL is engaged in the operation of hotel business, hotel management, education, food and real estate development. Its segments include Hotel and hotel management, Education, Foods, Real estate development, and Others. The majority of the revenue is derived from Hotel and hotel management segment. Geographically it operates in Thailand and Overseas.
63GF Score

Get the complete analysis for BKK:DUSIT-R

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

฿11.10
Price
฿15.65
GF Value