Avioane Craiova (BSE:AVIO) Forward Rate of Return (Yacktman) %: 0.00% (As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

BSE:AVIO Avioane Craiova SA BSE:AVIO
22 GF Score
Price lei2.56
View Full Analysis

What is Avioane Craiova Forward Rate of Return (Yacktman) %?

Avioane Craiova BSE:AVIO 22 Forward Rate of Return (Yacktman) % is 0.00% as of . 20. GuruFocus rates BSE:AVIO with a GF Score™ of 22/100. Among 204 Aerospace & Defense companies, Avioane Craiova ranks worse than 490195.59% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Avioane Craiova's forward rate of return for was 0.00%.

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

BSE:AVIO's Forward Rate of Return (Yacktman) % is not ranked *
in the Aerospace & Defense industry.
Industry Median: 10.41
* Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.

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.


Avioane Craiova  (BSE:AVIO) 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.


Avioane Craiova Forward Rate of Return (Yacktman) % Related Terms


Avioane Craiova Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Avioane Craiova'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.

Avioane Craiova Forward Rate of Return (Yacktman) % Chart

Avioane Craiova Annual Data
Trend
Forward Rate of Return (Yacktman) %

Avioane Craiova Semi-Annual Data
Forward Rate of Return (Yacktman) %

BSE:AVIO vs : Forward Rate of Return (Yacktman) % Comparison

For the Aerospace & Defense subindustry, Avioane Craiova'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.


Avioane Craiova Forward Rate of Return (Yacktman) % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Avioane Craiova's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Avioane Craiova's Forward Rate of Return (Yacktman) % falls into.


BSE:AVIO
22GF Score
Avioane Craiova SA BSE:AVIO
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avioane Craiova 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).

Avioane Craiova's Forward Rate of Return of . 20 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0/+0
=0 %

* 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 0.00% mean?
Avioane Craiova (BSE:AVIO) has a Forward Rate of Return (Yacktman) % of 0.00% as of . 20. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Avioane Craiova and its competitors. According to the industry distribution chart, Avioane Craiova ranks #999999 out of 204 companies in the Aerospace & Defense industry.
Is Avioane Craiova's Forward Rate of Return (Yacktman) % too high?
Avioane Craiova's current Forward Rate of Return (Yacktman) % is 0.00%. Based on the distribution chart, Avioane Craiova ranks #999999 out of 204 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Avioane Craiova has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Avioane Craiova's Forward Rate of Return (Yacktman) % compare to ?
According to the Aerospace & Defense industry distribution chart, Avioane Craiova ranks #999999 out of 204 companies for Forward Rate of Return (Yacktman) %. This places Avioane Craiova in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 10.41. 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 Aerospace & Defense company?
The median Forward Rate of Return (Yacktman) % among Aerospace & Defense companies is 10.41, based on 204 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 Avioane Craiova and its competitors. For the Aerospace & Defense industry, the median Forward Rate of Return (Yacktman) % is 10.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avioane Craiova's current Forward Rate of Return (Yacktman) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avioane Craiova stock overvalued right now?
Avioane Craiova (BSE:AVIO) has a current Forward Rate of Return (Yacktman) % of 0.00%. The current Forward Rate of Return (Yacktman) % is 0.00%. Avioane Craiova's overall GF Score™ is 22/100. 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 Avioane Craiova (BSE:AVIO), the current Forward Rate of Return (Yacktman) % is 0.00% as of . 20. 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.

Avioane Craiova Business Description

Comparable Companies
Address 10, Aviatorilor Street, Ghercesti, Dolj County, Craiova, ROU, 207280
Avioane Craiova SA is engaged in developing, manufacturing, and providing product support of military aircraft to the Romanian Air Force. Its business activities are divided into three divisions including Trainer Aircraft manufacturer, Maintenance, Repair, and Overhaul of Military aircraft, and Industrial products manufacturer. The company offers products and services to military aviation and civil aviation. Its service offerings include structural repairs, manufacturing and replacement of the optical transparencies; re-manufacturing and replacement of tubing, Re-manufacturing and replacement of electrical and electronic wiring, and re-painting services.
22GF Score

Get the complete analysis for BSE:AVIO

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

lei2.56
Price