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Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Hsi Logistica Fundo De Investimento Imobiliario's forward rate of return for was 11.87%.
BSP:HSLG11's Forward Rate of Return (Yacktman) % is ranked better than 61.71% of 619
companies
in the REITs industry
Industry Median: 8.31
vs BSP:HSLG11: 11.79
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.
Hsi Logistica Fundo De Investimento Imobiliario (BSP:HSLG11) 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.
Hsi Logistica Fundo De Investimento Imobiliario Forward Rate of Return (Yacktman) % Related Terms
Hsi Logistica Fundo De Investimento Imobiliario 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.
Hsi Logistica Fundo De Investimento Imobiliario Forward Rate of Return (Yacktman) % Chart
Hsi Logistica Fundo De Investimento Imobiliario Annual Data
BSP:HSLG11 vs VICI, WPC: Forward Rate of Return (Yacktman) % Comparison
For the REIT - Diversified subindustry, Hsi Logistica Fundo De Investimento Imobiliario'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.
Hsi Logistica Fundo De Investimento Imobiliario Forward Rate of Return (Yacktman) % vs REITs Industry
Hsi Logistica Fundo De Investimento Imobiliario 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 11.87% mean?
Hsi Logistica Fundo De Investimento Imobiliario (BSP:HSLG11) has a Forward Rate of Return (Yacktman) % of 11.87% as of Jun. 2025. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Hsi Logistica Fundo De Investimento Imobiliario and its competitors. This is near median its historical median of 11.30. Over the past decade, Hsi Logistica Fundo De Investimento Imobiliario's Forward Rate of Return (Yacktman) % has ranged from 10.90 to 12.23. According to the industry distribution chart, Hsi Logistica Fundo De Investimento Imobiliario ranks #237 out of 619 companies in the REITs industry, placing it in the top 38.3%.
Is Hsi Logistica Fundo De Investimento Imobiliario's Forward Rate of Return (Yacktman) % too high?
Hsi Logistica Fundo De Investimento Imobiliario's current Forward Rate of Return (Yacktman) % of 11.87% is near median its 10-year median of 11.30. Over the past 10 years, this metric has ranged from a low of 10.90 to a high of 12.23. The REITs industry median Forward Rate of Return (Yacktman) % is 8.31. Hsi Logistica Fundo De Investimento Imobiliario's value of 11.87% is 42.8% above this industry median. Based on the distribution chart, Hsi Logistica Fundo De Investimento Imobiliario ranks #237 out of 619 companies in the REITs industry, which is above the industry midpoint. Overall, Hsi Logistica Fundo De Investimento Imobiliario has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hsi Logistica Fundo De Investimento Imobiliario's Forward Rate of Return (Yacktman) % compare to VICI and WPC?
According to the REITs industry distribution chart, Hsi Logistica Fundo De Investimento Imobiliario ranks #237 out of 619 companies for Forward Rate of Return (Yacktman) %. This puts Hsi Logistica Fundo De Investimento Imobiliario in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 8.31. Hsi Logistica Fundo De Investimento Imobiliario's value of 11.87% is 42.8% above this benchmark. Historically, Hsi Logistica Fundo De Investimento Imobiliario's own Forward Rate of Return (Yacktman) % has ranged from 10.90 to 12.23 over the past decade. While the company's 10-year median is 11.30 vs. the industry median of 8.31, Hsi Logistica Fundo De Investimento Imobiliario 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 a REITs company?
The median Forward Rate of Return (Yacktman) % among REITs companies is 8.31, based on 619 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. Hsi Logistica Fundo De Investimento Imobiliario's current Forward Rate of Return (Yacktman) % of 11.87% is 42.8% 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 Hsi Logistica Fundo De Investimento Imobiliario and its competitors. For the REITs industry, the median Forward Rate of Return (Yacktman) % is 8.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsi Logistica Fundo De Investimento Imobiliario's current Forward Rate of Return (Yacktman) % is 11.87%, which is near median its own 10-year median of 11.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsi Logistica Fundo De Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Hsi Logistica Fundo De Investimento Imobiliario (BSP:HSLG11) is currently considered Possible Value Trap. The stock's GF Value™ is R$118.19, compared to a current price of R$75.17 — trading 36.4% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 11.87%, which is near median its 10-year median of 11.30 and 42.8% above the REITs industry median of 8.31. Hsi Logistica Fundo De Investimento Imobiliario's overall GF Score™ is 78/100 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 Hsi Logistica Fundo De Investimento Imobiliario (BSP:HSLG11), the current Forward Rate of Return (Yacktman) % is 11.87% as of Jun. 2025. 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 Hsi Logistica Fundo De Investimento Imobiliario (BSP:HSLG11) Overvalued in 2026?
Based on GuruFocus' analysis, Hsi Logistica Fundo De Investimento Imobiliario stock appears to be undervalued.
The current stock price of R$75.17 is trading 36.4% below its estimated GF Value™ of R$118.19.
GuruFocus considers Hsi Logistica Fundo De Investimento Imobiliario to be Possible Value Trap.
Key valuation signals for BSP:HSLG11:
Forward Rate of Return (Yacktman) %: 11.87% (near median its 10-year median of 11.30)
GF Value™: R$118.19 vs. price of R$75.17 (36.4% below fair value)
Industry Position: 42.8% above the REITs median (#237 of 619)
No single metric tells the full story. See the BSP:HSLG11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsi Logistica Fundo De Investimento Imobiliario aims to obtain income and capital gains, through investment in real estate or real rights over ready made properties in the Logistics segment.
78GF Score
Get the complete analysis for BSP:HSLG11
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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