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PM Thoresen Asia Holdings PCLBKK:PMTA-R 66 Forward Rate of Return (Yacktman) % is 21.43% as of Mar. 2026, which is 79% above its 10-year median of 11.99. GuruFocus rates BKK:PMTA-R with a GF Score™ of 66/100 and a GF Value™ of ฿9.00. The stock has 3 warning signs investors should review. Among 200 Agriculture companies, PM Thoresen Asia Holdings PCL ranks better than 88.5% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. PM Thoresen Asia Holdings PCL's forward rate of return for was 21.43%.
The historical rank and industry rank for PM Thoresen Asia Holdings PCL's Forward Rate of Return (Yacktman) % or its related term are showing as below:
BKK:PMTA-R'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -15 Med: 11.99 Max: 35.39
Current: 22.5
During the past 12 years, PM Thoresen Asia Holdings PCL's highest Forward Rate of Return was 35.39. The lowest was -15.00. And the median was 11.99.
BKK:PMTA-R's Forward Rate of Return (Yacktman) % is ranked better than 88.5% of 200
companies
in the Agriculture industry
Industry Median: 6.695
vs BKK:PMTA-R: 22.50
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.
PM Thoresen Asia Holdings PCL (BKK:PMTA-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.
PM Thoresen Asia Holdings PCL Forward Rate of Return (Yacktman) % Related Terms
PM Thoresen Asia Holdings PCL Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for PM Thoresen Asia Holdings 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.
PM Thoresen Asia Holdings PCL Forward Rate of Return (Yacktman) % Chart
BKK:PMTA-R vs CTVA, CF, MOS: Forward Rate of Return (Yacktman) % Comparison
For the Agricultural Inputs subindustry, PM Thoresen Asia Holdings 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.
PM Thoresen Asia Holdings PCL Forward Rate of Return (Yacktman) % vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, PM Thoresen Asia Holdings PCL's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where PM Thoresen Asia Holdings PCL's Forward Rate of Return (Yacktman) % falls into.
PM Thoresen Asia Holdings 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 21.43% mean?
PM Thoresen Asia Holdings PCL (BKK:PMTA-R) has a Forward Rate of Return (Yacktman) % of 21.43% 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 PM Thoresen Asia Holdings PCL and its competitors. This is 79% above median its historical median of 11.99. According to the industry distribution chart, PM Thoresen Asia Holdings PCL ranks #23 out of 200 companies in the Agriculture industry, placing it in the top 11.5%.
Is PM Thoresen Asia Holdings PCL's Forward Rate of Return (Yacktman) % too high?
PM Thoresen Asia Holdings PCL's current Forward Rate of Return (Yacktman) % of 21.43% is 79% above median its 10-year median of 11.99. The Agriculture industry median Forward Rate of Return (Yacktman) % is 6.70. PM Thoresen Asia Holdings PCL's value of 21.43% is 220.1% above this industry median. Based on the distribution chart, PM Thoresen Asia Holdings PCL ranks #23 out of 200 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, PM Thoresen Asia Holdings PCL has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does PM Thoresen Asia Holdings PCL's Forward Rate of Return (Yacktman) % compare to CTVA and CF?
According to the Agriculture industry distribution chart, PM Thoresen Asia Holdings PCL ranks #23 out of 200 companies for Forward Rate of Return (Yacktman) %. This places PM Thoresen Asia Holdings PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 6.70. PM Thoresen Asia Holdings PCL's value of 21.43% is 220.1% above this benchmark. While the company's 10-year median is 11.99 vs. the industry median of 6.70, PM Thoresen Asia Holdings 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 an Agriculture company?
The median Forward Rate of Return (Yacktman) % among Agriculture companies is 6.70, based on 200 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. PM Thoresen Asia Holdings PCL's current Forward Rate of Return (Yacktman) % of 21.43% is 220.1% 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 PM Thoresen Asia Holdings PCL and its competitors. For the Agriculture industry, the median Forward Rate of Return (Yacktman) % is 6.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PM Thoresen Asia Holdings PCL's current Forward Rate of Return (Yacktman) % is 21.43%, which is 79% above median its own 10-year median of 11.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PM Thoresen Asia Holdings PCL stock overvalued right now?
PM Thoresen Asia Holdings PCL (BKK:PMTA-R) has a current Forward Rate of Return (Yacktman) % of 21.43%. The stock's GF Value™ is ฿9.00, compared to a current price of ฿10.30 — trading 14.4% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 21.43%, which is 79% above median its 10-year median of 11.99 and 220.1% above the Agriculture industry median of 6.70. PM Thoresen Asia Holdings PCL's overall GF Score™ is 66/100 with 3 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 PM Thoresen Asia Holdings PCL (BKK:PMTA-R), the current Forward Rate of Return (Yacktman) % is 21.43% 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 PM Thoresen Asia Holdings PCL (BKK:PMTA-R) Overvalued in 2026?
Based on GuruFocus' analysis, PM Thoresen Asia Holdings PCL stock appears to be overvalued.
The current stock price of ฿10.30 is trading 14.4% above its estimated GF Value™ of ฿9.00.
Key valuation signals for BKK:PMTA-R:
Forward Rate of Return (Yacktman) %: 21.43% (79% above median its 10-year median of 11.99)
GF Value™: ฿9.00 vs. price of ฿10.30 (14.4% above fair value)
Industry Position: 220.1% above the Agriculture median (#23 of 200)
No single metric tells the full story. See the BKK:PMTA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PM Thoresen Asia Holdings PCL Business Description
PM Thoresen Asia Holdings PCL along with its subsidiaries is engaged in the manufacturing of nitrogen-phosphorus-potassium (NPK) synthesized chemical and micro-element fertilizers, distribution of new seeds and agricultural materials, as well as manufacture, import, and export of plant protection chemicals and macronutrient products. It has two products segments: Manufacture of Fertilizer and crop care products and Factory area management services. The company earns majority of its revenue through the manufacture of fertilizer and crop care products. It has a business presence in Vietnam and other countries.
66GF Score
Get the complete analysis for BKK:PMTA-R
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