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BSP:LASC11's Forward Rate of Return (Yacktman) % is ranked worse than 69.56% of 634
companies
in the REITs industry
Industry Median: 8.255
vs BSP:LASC11: 1.85
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.
Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) 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.
Legatus Shoppings Fundo DE Investimento Imobiliario - FII Forward Rate of Return (Yacktman) % Related Terms
Legatus Shoppings Fundo DE Investimento Imobiliario - FII 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.
Legatus Shoppings Fundo DE Investimento Imobiliario - FII Forward Rate of Return (Yacktman) % Chart
Legatus Shoppings Fundo DE Investimento Imobiliario - FII Annual Data
BSP:LASC11 vs VICI, WPC: Forward Rate of Return (Yacktman) % Comparison
For the REIT - Diversified subindustry, Legatus Shoppings Fundo DE Investimento Imobiliario - FII'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.
Legatus Shoppings Fundo DE Investimento Imobiliario - FII Forward Rate of Return (Yacktman) % vs REITs Industry
Legatus Shoppings Fundo DE Investimento Imobiliario - FII 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 2.00% mean?
Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) has a Forward Rate of Return (Yacktman) % of 2.00% as of Dec. 2025. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Legatus Shoppings Fundo DE Investimento Imobiliario - FII and its competitors. This is 15% above median its historical median of 1.74. Over the past decade, Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Forward Rate of Return (Yacktman) % has ranged from 1.40 to 2.05. According to the industry distribution chart, Legatus Shoppings Fundo DE Investimento Imobiliario - FII ranks #441 out of 634 companies in the REITs industry, placing it in the top 69.6%.
Is Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Forward Rate of Return (Yacktman) % too high?
Legatus Shoppings Fundo DE Investimento Imobiliario - FII's current Forward Rate of Return (Yacktman) % of 2.00% is 15% above median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 2.05. The REITs industry median Forward Rate of Return (Yacktman) % is 8.26. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's value of 2.00% is 75.8% below this industry median. Based on the distribution chart, Legatus Shoppings Fundo DE Investimento Imobiliario - FII ranks #441 out of 634 companies in the REITs industry, which is below the industry midpoint. Overall, Legatus Shoppings Fundo DE Investimento Imobiliario - FII has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Forward Rate of Return (Yacktman) % compare to VICI and WPC?
According to the REITs industry distribution chart, Legatus Shoppings Fundo DE Investimento Imobiliario - FII ranks #441 out of 634 companies for Forward Rate of Return (Yacktman) %. This places Legatus Shoppings Fundo DE Investimento Imobiliario - FII in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 8.26. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's value of 2.00% is 75.8% below this benchmark. Historically, Legatus Shoppings Fundo DE Investimento Imobiliario - FII's own Forward Rate of Return (Yacktman) % has ranged from 1.40 to 2.05 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 8.26, Legatus Shoppings Fundo DE Investimento Imobiliario - FII 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 REITs company?
The median Forward Rate of Return (Yacktman) % among REITs companies is 8.26, based on 634 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. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's current Forward Rate of Return (Yacktman) % of 2.00% is 75.8% 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 Legatus Shoppings Fundo DE Investimento Imobiliario - FII and its competitors. For the REITs industry, the median Forward Rate of Return (Yacktman) % is 8.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's current Forward Rate of Return (Yacktman) % is 2.00%, which is 15% above median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legatus Shoppings Fundo DE Investimento Imobiliario - FII stock overvalued right now?
Based on GuruFocus' analysis, Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) is currently considered Fairly Valued. The stock's GF Value™ is R$104.39, compared to a current price of R$110.75 — trading 6.1% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 2.00%, which is 15% above median its 10-year median of 1.74 and 75.8% below the REITs industry median of 8.26. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's overall GF Score™ is 49/100 with 6 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 Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11), the current Forward Rate of Return (Yacktman) % is 2.00% as of Dec. 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 Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) Overvalued in 2026?
Based on GuruFocus' analysis, Legatus Shoppings Fundo DE Investimento Imobiliario - FII stock appears to be overvalued.
The current stock price of R$110.75 is trading 6.1% above its estimated GF Value™ of R$104.39.
GuruFocus considers Legatus Shoppings Fundo DE Investimento Imobiliario - FII to be Fairly Valued.
Key valuation signals for BSP:LASC11:
Forward Rate of Return (Yacktman) %: 2.00% (15% above median its 10-year median of 1.74)
GF Value™: R$104.39 vs. price of R$110.75 (6.1% above fair value)
Industry Position: 75.8% below the REITs median (#441 of 634)
No single metric tells the full story. See the BSP:LASC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Legatus Shoppings Fundo DE Investimento Imobiliario - FII is a Brazil-based company. Its objective is to obtain income through the real estate exploration of Real Estate Assets, as well as capital gains, through the purchase and sale of Real Estate Assets and the investment of resources, predominantly in Real Estate Assets.
49GF Score
Get the complete analysis for BSP:LASC11
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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