JMT Network Services PCL (BKK:JMT-R) Forward Rate of Return (Yacktman) %: -19.62% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:JMT-R JMT Network Services PCL BKK:JMT-R
83 GF Score
Price ฿35.81
GF Value ฿36.52
! 11 Warning Signs
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What is JMT Network Services PCL Forward Rate of Return (Yacktman) %?

JMT Network Services PCL BKK:JMT-R 83 Forward Rate of Return (Yacktman) % is -19.62% as of Mar. 2026. GuruFocus rates BKK:JMT-R with a GF Score™ of 83/100 and a GF Value™ of ฿36.52. The stock has 11 warning signs investors should review. Among 390 Credit Services companies, JMT Network Services PCL ranks worse than 72.82% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. JMT Network Services PCL's forward rate of return for was -19.62%.

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

BKK:JMT-R' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -100.04   Med: 9.42   Max: 17.05
Current: -14.63

During the past 13 years, JMT Network Services PCL's highest Forward Rate of Return was 17.05. The lowest was -100.04. And the median was 9.42.

BKK:JMT-R's Forward Rate of Return (Yacktman) % is ranked worse than
72.82% of 390 companies
in the Credit Services industry
Industry Median: 4.815 vs BKK:JMT-R: -14.63

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.


JMT Network Services PCL  (BKK:JMT-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.


JMT Network Services PCL Forward Rate of Return (Yacktman) % Related Terms


JMT Network Services PCL Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for JMT Network Services 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.

JMT Network Services PCL Forward Rate of Return (Yacktman) % Chart

JMT Network Services 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 15.52 16.16 4.06 -4.92 -20.65

JMT Network Services PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -12.53 -18.62 -15.77 -20.65 -19.62

BKK:JMT-R vs V, MA, AXP: Forward Rate of Return (Yacktman) % Comparison

For the Credit Services subindustry, JMT Network Services 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.


JMT Network Services PCL Forward Rate of Return (Yacktman) % vs Credit Services Industry

For the Credit Services industry and Financial Services sector, JMT Network Services PCL's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


BKK:JMT-R
83GF Score
JMT Network Services PCL BKK:JMT-R
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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JMT Network Services 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).

JMT Network Services PCL's Forward Rate of Return of Mar. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=-1.3792381/35.8059+-0.0368
=-7.53 %

* 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 -19.62% mean?
JMT Network Services PCL (BKK:JMT-R) has a Forward Rate of Return (Yacktman) % of -19.62% 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 JMT Network Services PCL and its competitors. According to the industry distribution chart, JMT Network Services PCL ranks #284 out of 390 companies in the Credit Services industry, placing it in the top 72.8%.
Is JMT Network Services PCL's Forward Rate of Return (Yacktman) % too high?
JMT Network Services PCL's current Forward Rate of Return (Yacktman) % is -19.62%. Based on the distribution chart, JMT Network Services PCL ranks #284 out of 390 companies in the Credit Services industry, which is below the industry midpoint. Overall, JMT Network Services PCL has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does JMT Network Services PCL's Forward Rate of Return (Yacktman) % compare to V and MA?
According to the Credit Services industry distribution chart, JMT Network Services PCL ranks #284 out of 390 companies for Forward Rate of Return (Yacktman) %. This places JMT Network Services PCL in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 4.82. 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 4.82, based on 390 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. 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 JMT Network Services PCL and its competitors. For the Credit Services industry, the median Forward Rate of Return (Yacktman) % is 4.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JMT Network Services PCL's current Forward Rate of Return (Yacktman) % is -19.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JMT Network Services PCL stock overvalued right now?
JMT Network Services PCL (BKK:JMT-R) has a current Forward Rate of Return (Yacktman) % of -19.62%. The stock's GF Value™ is ฿36.52, compared to a current price of ฿35.81 — trading 2% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is -19.62%. JMT Network Services PCL's overall GF Score™ is 83/100 with 11 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 JMT Network Services PCL (BKK:JMT-R), the current Forward Rate of Return (Yacktman) % is -19.62% 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 JMT Network Services PCL (BKK:JMT-R) Overvalued in 2026?

Based on GuruFocus' analysis, JMT Network Services PCL stock appears to be undervalued. The current stock price of ฿35.81 is trading 2% below its estimated GF Value™ of ฿36.52.

Key valuation signals for BKK:JMT-R:

  • Forward Rate of Return (Yacktman) %: -19.62%
  • GF Value™: ฿36.52 vs. price of ฿35.81 (2% below fair value)
  • GF Score™: 83/100 with 11 warning signs

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


JMT Network Services PCL Business Description

Other Exchanges JMT:Thailand
Address Ramkhamhaeng Road, 187, Jaymart Building, 4th-6th Floor, Rat Phatthana Sub - District, Saphan Sung District, Bangkok, THA, 10240
JMT Network Services PCL is engaged in debt collection services, purchase of non-performing accounts receivable from financial institutions for debt management and collection, providing finance leasing services, and insurance broker services. The company has three reportable segments, which are Debt tracking and collection service, Non-performing accounts receivable management business, and Insurance business. Its Debt collection segment generates maximum revenue for the company. Geographically, the company generates almost all of its revenue from Thailand.
83GF Score

Get the complete analysis for BKK:JMT-R

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

฿35.81
Price
฿36.52
GF Value