Forth PCLBKK:FORTH-R 84 Forward Rate of Return (Yacktman) % is 7.32% as of Mar. 2026, which is 47% below its 10-year median of 13.90. GuruFocus rates BKK:FORTH-R with a GF Score™ of 84/100 and a GF Value™ of ฿5.95. The stock has 10 warning signs investors should review. Among 425 Conglomerates companies, Forth PCL ranks worse than 64.24% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Forth PCL's forward rate of return for was 7.32%.
The historical rank and industry rank for Forth PCL's Forward Rate of Return (Yacktman) % or its related term are showing as below:
BKK:FORTH-R'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 5.39 Med: 13.9 Max: 26.67
Current: 5.52
During the past 13 years, Forth PCL's highest Forward Rate of Return was 26.67. The lowest was 5.39. And the median was 13.90.
BKK:FORTH-R's Forward Rate of Return (Yacktman) % is ranked worse than 64.24% of 425
companies
in the Conglomerates industry
Industry Median: 13.49
vs BKK:FORTH-R: 5.52
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.
Forth PCL (BKK:FORTH-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.
Forth PCL Forward Rate of Return (Yacktman) % Related Terms
Forth PCL Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Forth 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.
Forth PCL Forward Rate of Return (Yacktman) % Chart
BKK:FORTH-R vs HON, MMM: Forward Rate of Return (Yacktman) % Comparison
For the Conglomerates subindustry, Forth 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.
Forth PCL Forward Rate of Return (Yacktman) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Forth PCL's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Forth PCL's Forward Rate of Return (Yacktman) % falls into.
Forth 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).
Forth PCL's Forward Rate of Return of Mar. 2026 is
Forward Rate of Return
=
Normalized Free Cash Flow
/
Price
+
5-Year EBITDA Growth Rate
=
0.24952381
/
6.4372
+
0.0385
=
7.73 %
* 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 7.32% mean?
Forth PCL (BKK:FORTH-R) has a Forward Rate of Return (Yacktman) % of 7.32% 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 Forth PCL and its competitors. This is 47% below median its historical median of 13.90. Over the past decade, Forth PCL's Forward Rate of Return (Yacktman) % has ranged from 5.39 to 26.67. According to the industry distribution chart, Forth PCL ranks #273 out of 425 companies in the Conglomerates industry, placing it in the top 64.2%.
Is Forth PCL's Forward Rate of Return (Yacktman) % too high?
Forth PCL's current Forward Rate of Return (Yacktman) % of 7.32% is 47% below median its 10-year median of 13.90. Over the past 10 years, this metric has ranged from a low of 5.39 to a high of 26.67. The Conglomerates industry median Forward Rate of Return (Yacktman) % is 13.49. Forth PCL's value of 7.32% is 45.7% below this industry median. Based on the distribution chart, Forth PCL ranks #273 out of 425 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Forth PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Forth PCL's Forward Rate of Return (Yacktman) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Forth PCL ranks #273 out of 425 companies for Forward Rate of Return (Yacktman) %. This places Forth PCL in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 13.49. Forth PCL's value of 7.32% is 45.7% below this benchmark. Historically, Forth PCL's own Forward Rate of Return (Yacktman) % has ranged from 5.39 to 26.67 over the past decade. While the company's 10-year median is 13.90 vs. the industry median of 13.49, Forth PCL has consistently been below 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 Conglomerates company?
The median Forward Rate of Return (Yacktman) % among Conglomerates companies is 13.49, based on 425 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. Forth PCL's current Forward Rate of Return (Yacktman) % of 7.32% is 45.7% below 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 Forth PCL and its competitors. For the Conglomerates industry, the median Forward Rate of Return (Yacktman) % is 13.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forth PCL's current Forward Rate of Return (Yacktman) % is 7.32%, which is 47% below median its own 10-year median of 13.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forth PCL stock overvalued right now?
Forth PCL (BKK:FORTH-R) has a current Forward Rate of Return (Yacktman) % of 7.32%. The stock's GF Value™ is ฿5.95, compared to a current price of ฿6.44 — trading 8.2% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 7.32%, which is 47% below median its 10-year median of 13.90 and 45.7% below the Conglomerates industry median of 13.49. Forth PCL's overall GF Score™ is 84/100 with 10 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 Forth PCL (BKK:FORTH-R), the current Forward Rate of Return (Yacktman) % is 7.32% 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 Forth PCL (BKK:FORTH-R) Overvalued in 2026?
Based on GuruFocus' analysis, Forth PCL stock appears to be overvalued.
The current stock price of ฿6.44 is trading 8.2% above its estimated GF Value™ of ฿5.95.
Key valuation signals for BKK:FORTH-R:
Forward Rate of Return (Yacktman) %: 7.32% (47% below median its 10-year median of 13.90)
GF Value™: ฿5.95 vs. price of ฿6.44 (8.2% above fair value)
Industry Position: 45.7% below the Conglomerates median (#273 of 425)
No single metric tells the full story. See the BKK:FORTH-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forth Corp PCL manufactures and distributes electronic equipment and project work relating to design and install telecommunication equipment. The company's segments include Electronics manufacturing service business sources, manufactures and distributes electronics parts, both work manufactured order and general equipment; Enterprise solutions business bids for project work, sources, subcontracts and install various systems for the government and private sectors; Smart service business provides online financial transaction service and sells products and service through vending machines and provides lending services. The Enterprise solutions business derives the majority of the revenue. Geographically it operates in Thailand, Netherlands, United States of America, and Others.
84GF Score
Get the complete analysis for BKK:FORTH-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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