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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.
Armac Locacao Logistica e ServicosBSP:ARML3 +1.05%85 Forward Rate of Return (Yacktman) % is 6.58% as of Jun. 2026, which is 46% below its 10-year median of 12.21. GuruFocus rates BSP:ARML3 with a GF Score™ of 85/100 and a GF Value™ of R$5.97 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 724 Business Services companies, Armac Locacao Logistica e Servicos ranks worse than 62.15% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Armac Locacao Logistica e Servicos's forward rate of return for was 6.58%.
The historical rank and industry rank for Armac Locacao Logistica e Servicos's Forward Rate of Return (Yacktman) % or its related term are showing as below:
BSP:ARML3'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 6.16 Med: 12.21 Max: 20
Current: 9.19
During the past 8 years, Armac Locacao Logistica e Servicos's highest Forward Rate of Return was 20.00. The lowest was 6.16. And the median was 12.21.
BSP:ARML3's Forward Rate of Return (Yacktman) % is ranked worse than 62.15% of 724
companies
in the Business Services industry
Industry Median: 13.315
vs BSP:ARML3: 9.19
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.
Armac Locacao Logistica e Servicos (BSP:ARML3) 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.
Armac Locacao Logistica e Servicos Forward Rate of Return (Yacktman) % Related Terms
Armac Locacao Logistica e Servicos 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.
Armac Locacao Logistica e Servicos Forward Rate of Return (Yacktman) % Chart
BSP:ARML3 vs URI, SUNB, AER: Forward Rate of Return (Yacktman) % Comparison
For the Rental & Leasing Services subindustry, Armac Locacao Logistica e Servicos'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.
Armac Locacao Logistica e Servicos Forward Rate of Return (Yacktman) % vs Business Services Industry
For the Business Services industry and Industrials sector, Armac Locacao Logistica e Servicos's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Armac Locacao Logistica e Servicos's Forward Rate of Return (Yacktman) % falls into.
Armac Locacao Logistica e Servicos 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 6.58% mean?
Armac Locacao Logistica e Servicos (BSP:ARML3) has a Forward Rate of Return (Yacktman) % of 6.58% 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 Armac Locacao Logistica e Servicos and its competitors. This is 46% below median its historical median of 12.21. Over the past decade, Armac Locacao Logistica e Servicos' Forward Rate of Return (Yacktman) % has ranged from 6.16 to 20.00. According to the industry distribution chart, Armac Locacao Logistica e Servicos ranks #450 out of 724 companies in the Business Services industry, placing it in the top 62.2%.
Is Armac Locacao Logistica e Servicos' Forward Rate of Return (Yacktman) % too high?
Armac Locacao Logistica e Servicos' current Forward Rate of Return (Yacktman) % of 6.58% is 46% below median its 10-year median of 12.21. Over the past 10 years, this metric has ranged from a low of 6.16 to a high of 20.00. The Business Services industry median Forward Rate of Return (Yacktman) % is 13.32. Armac Locacao Logistica e Servicos' value of 6.58% is 50.6% below this industry median. Based on the distribution chart, Armac Locacao Logistica e Servicos ranks #450 out of 724 companies in the Business Services industry, which is below the industry midpoint. Overall, Armac Locacao Logistica e Servicos has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Armac Locacao Logistica e Servicos' Forward Rate of Return (Yacktman) % compare to URI and SUNB?
According to the Business Services industry distribution chart, Armac Locacao Logistica e Servicos ranks #450 out of 724 companies for Forward Rate of Return (Yacktman) %. This places Armac Locacao Logistica e Servicos in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 13.32. Armac Locacao Logistica e Servicos' value of 6.58% is 50.6% below this benchmark. Historically, Armac Locacao Logistica e Servicos' own Forward Rate of Return (Yacktman) % has ranged from 6.16 to 20.00 over the past decade. While the company's 10-year median is 12.21 vs. the industry median of 13.32, Armac Locacao Logistica e Servicos 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 13.32, based on 724 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. Armac Locacao Logistica e Servicos's current Forward Rate of Return (Yacktman) % of 6.58% is 50.6% 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 Armac Locacao Logistica e Servicos and its competitors. For the Business Services industry, the median Forward Rate of Return (Yacktman) % is 13.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armac Locacao Logistica e Servicos's current Forward Rate of Return (Yacktman) % is 6.58%, which is 46% below median its own 10-year median of 12.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armac Locacao Logistica e Servicos stock overvalued right now?
Based on GuruFocus' analysis, Armac Locacao Logistica e Servicos (BSP:ARML3) is currently considered Possible Value Trap. The stock's GF Value™ is R$5.97, compared to a current price of R$3.84 — trading 35.7% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 6.58%, which is 46% below median its 10-year median of 12.21 and 50.6% below the Business Services industry median of 13.32. Armac Locacao Logistica e Servicos' overall GF Score™ is 85/100 with 7 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 Armac Locacao Logistica e Servicos (BSP:ARML3), the current Forward Rate of Return (Yacktman) % is 6.58% 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 Armac Locacao Logistica e Servicos (BSP:ARML3) Overvalued in 2026?
Based on GuruFocus' analysis, Armac Locacao Logistica e Servicos stock appears to be undervalued.
The current stock price of R$3.84 is trading 35.7% below its estimated GF Value™ of R$5.97.
GuruFocus considers Armac Locacao Logistica e Servicos to be Possible Value Trap.
Key valuation signals for BSP:ARML3:
Forward Rate of Return (Yacktman) %: 6.58% (46% below median its 10-year median of 12.21)
GF Value™: R$5.97 vs. price of R$3.84 (35.7% below fair value)
Industry Position: 50.6% below the Business Services median (#450 of 724)
No single metric tells the full story. See the BSP:ARML3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Armac Locacao Logistica e Servicos SA is engaged in offering machinery and equipment on a rental basis. Some of its equipment includes pavers, telescopic handlers, Compaction rollers, Motor graders, crawler tractors, excavators, and Loaders among others.
85GF Score
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