IFS Capital Holdings (Thailand) PCLBKK:IFS-R 70 Forward Rate of Return (Yacktman) % is 8.14% as of Mar. 2026, which is 30% below its 10-year median of 11.58. GuruFocus rates BKK:IFS-R with a GF Score™ of 70/100 and a GF Value™ of ฿2.75. The stock has 5 warning signs investors should review. Among 392 Credit Services companies, IFS Capital Holdings (Thailand) PCL ranks better than 56.38% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. IFS Capital Holdings (Thailand) PCL's forward rate of return for was 8.14%.
The historical rank and industry rank for IFS Capital Holdings (Thailand) PCL's Forward Rate of Return (Yacktman) % or its related term are showing as below:
BKK:IFS-R'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -3.33 Med: 11.58 Max: 29.42
Current: 8.26
During the past 13 years, IFS Capital Holdings (Thailand) PCL's highest Forward Rate of Return was 29.42. The lowest was -3.33. And the median was 11.58.
BKK:IFS-R's Forward Rate of Return (Yacktman) % is ranked better than 56.38% of 392
companies
in the Credit Services industry
Industry Median: 4.665
vs BKK:IFS-R: 8.26
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.
IFS Capital Holdings (Thailand) PCL (BKK:IFS-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.
IFS Capital Holdings (Thailand) PCL Forward Rate of Return (Yacktman) % Related Terms
IFS Capital Holdings (Thailand) PCL Forward Rate of Return (Yacktman) % Historical Data
* 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.
IFS Capital Holdings (Thailand) PCL Forward Rate of Return (Yacktman) % Chart
BKK:IFS-R vs V, MA, AXP: Forward Rate of Return (Yacktman) % Comparison
For the Credit Services subindustry, IFS Capital Holdings (Thailand) 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.
IFS Capital Holdings (Thailand) PCL Forward Rate of Return (Yacktman) % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, IFS Capital Holdings (Thailand) PCL's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where IFS Capital Holdings (Thailand) PCL's Forward Rate of Return (Yacktman) % falls into.
IFS Capital Holdings (Thailand) 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 8.14% mean?
IFS Capital Holdings (Thailand) PCL (BKK:IFS-R) has a Forward Rate of Return (Yacktman) % of 8.14% 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 IFS Capital Holdings (Thailand) PCL and its competitors. This is 30% below median its historical median of 11.58. According to the industry distribution chart, IFS Capital Holdings (Thailand) PCL ranks #171 out of 392 companies in the Credit Services industry, placing it in the top 43.6%.
Is IFS Capital Holdings (Thailand) PCL's Forward Rate of Return (Yacktman) % too high?
IFS Capital Holdings (Thailand) PCL's current Forward Rate of Return (Yacktman) % of 8.14% is 30% below median its 10-year median of 11.58. The Credit Services industry median Forward Rate of Return (Yacktman) % is 4.67. IFS Capital Holdings (Thailand) PCL's value of 8.14% is 74.5% above this industry median. Based on the distribution chart, IFS Capital Holdings (Thailand) PCL ranks #171 out of 392 companies in the Credit Services industry, which is above the industry midpoint. Overall, IFS Capital Holdings (Thailand) PCL has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does IFS Capital Holdings (Thailand) PCL's Forward Rate of Return (Yacktman) % compare to V and MA?
According to the Credit Services industry distribution chart, IFS Capital Holdings (Thailand) PCL ranks #171 out of 392 companies for Forward Rate of Return (Yacktman) %. This puts IFS Capital Holdings (Thailand) PCL in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 4.67. IFS Capital Holdings (Thailand) PCL's value of 8.14% is 74.5% above this benchmark. While the company's 10-year median is 11.58 vs. the industry median of 4.67, IFS Capital Holdings (Thailand) 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 Credit Services company?
The median Forward Rate of Return (Yacktman) % among Credit Services companies is 4.67, based on 392 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. IFS Capital Holdings (Thailand) PCL's current Forward Rate of Return (Yacktman) % of 8.14% is 74.5% 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 IFS Capital Holdings (Thailand) PCL and its competitors. For the Credit Services industry, the median Forward Rate of Return (Yacktman) % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFS Capital Holdings (Thailand) PCL's current Forward Rate of Return (Yacktman) % is 8.14%, which is 30% below median its own 10-year median of 11.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFS Capital Holdings (Thailand) PCL stock overvalued right now?
IFS Capital Holdings (Thailand) PCL (BKK:IFS-R) has a current Forward Rate of Return (Yacktman) % of 8.14%. The stock's GF Value™ is ฿2.75, compared to a current price of ฿1.89 — trading 31.3% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 8.14%, which is 30% below median its 10-year median of 11.58 and 74.5% above the Credit Services industry median of 4.67. IFS Capital Holdings (Thailand) PCL's overall GF Score™ is 70/100 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 IFS Capital Holdings (Thailand) PCL (BKK:IFS-R), the current Forward Rate of Return (Yacktman) % is 8.14% 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 IFS Capital Holdings (Thailand) PCL (BKK:IFS-R) Overvalued in 2026?
Based on GuruFocus' analysis, IFS Capital Holdings (Thailand) PCL stock appears to be undervalued.
The current stock price of ฿1.89 is trading 31.3% below its estimated GF Value™ of ฿2.75.
Key valuation signals for BKK:IFS-R:
Forward Rate of Return (Yacktman) %: 8.14% (30% below median its 10-year median of 11.58)
GF Value™: ฿2.75 vs. price of ฿1.89 (31.3% below fair value)
Industry Position: 74.5% above the Credit Services median (#171 of 392)
No single metric tells the full story. See the BKK:IFS-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IFS Capital Holdings (Thailand) PCL Business Description
IFS Capital Holdings (Thailand) PCL is a Thailand-based company which is involved in three business segments. A factoring business is a short-term loan that provides liquidity to the business immediately and enables the business to increase its turnover in the form of buying accounts receivable. The factoring facility applies to both domestic and international sales. Hire purchase and finance leasing businesses are long-term loans for investment in the business industry. Others encompass a range of activities from corporate decisions, income, and expenses not attributed to the business segments described. The majority of revenue is derived from Factoring Business.
70GF Score
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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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