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Phol Dhanya PCLBKK:PHOL-R +17.27%67 Forward Rate of Return (Yacktman) % is 8.16% as of Jun. 2026, which is 15% above its 10-year median of 7.10. GuruFocus rates BKK:PHOL-R with a GF Score™ of 67/100 and a GF Value™ of ฿2.68 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 723 Business Services companies, Phol Dhanya PCL ranks worse than 65.7% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Phol Dhanya PCL's forward rate of return for was 8.16%.
The historical rank and industry rank for Phol Dhanya PCL's Forward Rate of Return (Yacktman) % or its related term are showing as below:
BKK:PHOL-R'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -25.53 Med: 7.1 Max: 31.96
Current: 7.81
During the past 13 years, Phol Dhanya PCL's highest Forward Rate of Return was 31.96. The lowest was -25.53. And the median was 7.10.
BKK:PHOL-R's Forward Rate of Return (Yacktman) % is ranked worse than 65.7% of 723
companies
in the Business Services industry
Industry Median: 13.23
vs BKK:PHOL-R: 7.81
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.
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.
Phol Dhanya PCL Forward Rate of Return (Yacktman) % Related Terms
Phol Dhanya PCL Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Phol Dhanya 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.
Phol Dhanya PCL Forward Rate of Return (Yacktman) % Chart
BKK:PHOL-R vs ALLE, MSA, ADT: Forward Rate of Return (Yacktman) % Comparison
For the Security & Protection Services subindustry, Phol Dhanya 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.
Phol Dhanya PCL Forward Rate of Return (Yacktman) % vs Business Services Industry
For the Business Services industry and Industrials sector, Phol Dhanya PCL's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Phol Dhanya PCL's Forward Rate of Return (Yacktman) % falls into.
Phol Dhanya 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 8.16% mean?
Phol Dhanya PCL (BKK:PHOL-R) has a Forward Rate of Return (Yacktman) % of 8.16% 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 Phol Dhanya PCL and its competitors. This is 15% above median its historical median of 7.10. According to the industry distribution chart, Phol Dhanya PCL ranks #475 out of 723 companies in the Business Services industry, placing it in the top 65.7%.
Is Phol Dhanya PCL's Forward Rate of Return (Yacktman) % too high?
Phol Dhanya PCL's current Forward Rate of Return (Yacktman) % of 8.16% is 15% above median its 10-year median of 7.10. The Business Services industry median Forward Rate of Return (Yacktman) % is 13.23. Phol Dhanya PCL's value of 8.16% is 38.3% below this industry median. Based on the distribution chart, Phol Dhanya PCL ranks #475 out of 723 companies in the Business Services industry, which is below the industry midpoint. Overall, Phol Dhanya PCL has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Phol Dhanya PCL's Forward Rate of Return (Yacktman) % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Phol Dhanya PCL ranks #475 out of 723 companies for Forward Rate of Return (Yacktman) %. This places Phol Dhanya PCL in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 13.23. Phol Dhanya PCL's value of 8.16% is 38.3% below this benchmark. While the company's 10-year median is 7.10 vs. the industry median of 13.23, Phol Dhanya 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 Business Services company?
The median Forward Rate of Return (Yacktman) % among Business Services companies is 13.23, based on 723 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. Phol Dhanya PCL's current Forward Rate of Return (Yacktman) % of 8.16% is 38.3% 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 Phol Dhanya PCL and its competitors. For the Business Services industry, the median Forward Rate of Return (Yacktman) % is 13.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phol Dhanya PCL's current Forward Rate of Return (Yacktman) % is 8.16%, which is 15% above median its own 10-year median of 7.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phol Dhanya PCL stock overvalued right now?
Based on GuruFocus' analysis, Phol Dhanya PCL (BKK:PHOL-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿2.68, compared to a current price of ฿3.26 — trading 21.6% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 8.16%, which is 15% above median its 10-year median of 7.10 and 38.3% below the Business Services industry median of 13.23. Phol Dhanya PCL's overall GF Score™ is 67/100 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 Phol Dhanya PCL (BKK:PHOL-R), the current Forward Rate of Return (Yacktman) % is 8.16% 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 Phol Dhanya PCL (BKK:PHOL-R) Overvalued in 2026?
Based on GuruFocus' analysis, Phol Dhanya PCL stock appears to be overvalued.
The current stock price of ฿3.26 is trading 21.6% above its estimated GF Value™ of ฿2.68.
GuruFocus considers Phol Dhanya PCL to be Modestly Overvalued.
Key valuation signals for BKK:PHOL-R:
Forward Rate of Return (Yacktman) %: 8.16% (15% above median its 10-year median of 7.10)
GF Value™: ฿2.68 vs. price of ฿3.26 (21.6% above fair value)
Industry Position: 38.3% below the Business Services median (#475 of 723)
No single metric tells the full story. See the BKK:PHOL-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phol Dhanya PCL is a Thailand-based company engaged in the trading business. It is involved in the distribution of safety, health, and environmental products, and the distribution, production, and servicing of water treatment systems. The operating segments of the group are Trading in Health and Safety Products, Water treatment systems, and Others. It generates the majority of its revenue from the Trading in Health and Safety Products segment. The company offers products like firefighting suits, gas meters, fall protection devices, gloves, dust masks, chemical masks, and other related products. The group operates in Thailand, and internationally of which the majority of the revenue is derived from Thailand.
67GF Score
Get the complete analysis for BKK:PHOL-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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