BSPDF (PT Bumi Serpong Damai Tbk) Forward Rate of Return (Yacktman) %: 18.57% (As of Mar. 2026) — 178% Above Median

Author: Vera Yuan Vera Yuan
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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.
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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.

BSPDF PT Bumi Serpong Damai Tbk BSPDF
88 GF Score
Price $0.03
GF Value $0.04
! 6 Warning Signs
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What is PT Bumi Serpong Damai Tbk Forward Rate of Return (Yacktman) %?

PT Bumi Serpong Damai Tbk BSPDF 88 Forward Rate of Return (Yacktman) % is 18.57% as of Mar. 2026, which is 178% above its 10-year median of 6.68. GuruFocus rates BSPDF with a GF Score™ of 88/100 and a GF Value™ of $0.04. The stock has 6 warning signs investors should review. Among 1,303 Real Estate companies, PT Bumi Serpong Damai Tbk ranks better than 73.52% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. PT Bumi Serpong Damai Tbk's forward rate of return for was 18.57%.

The historical rank and industry rank for PT Bumi Serpong Damai Tbk's Forward Rate of Return (Yacktman) % or its related term are showing as below:

BSPDF' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -3.04   Med: 6.68   Max: 25.52
Current: 19.76

During the past 13 years, PT Bumi Serpong Damai Tbk's highest Forward Rate of Return was 25.52. The lowest was -3.04. And the median was 6.68.

BSPDF's Forward Rate of Return (Yacktman) % is ranked better than
73.52% of 1303 companies
in the Real Estate industry
Industry Median: 6.66 vs BSPDF: 19.76

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.


PT Bumi Serpong Damai Tbk  (OTCPK:BSPDF) 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.


PT Bumi Serpong Damai Tbk Forward Rate of Return (Yacktman) % Related Terms


PT Bumi Serpong Damai Tbk Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for PT Bumi Serpong Damai Tbk'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.

PT Bumi Serpong Damai Tbk Forward Rate of Return (Yacktman) % Chart

PT Bumi Serpong Damai Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 -1.05 9.84 17.95 21.57

PT Bumi Serpong Damai Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Forward Rate of Return (Yacktman) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.96 25.59 22.43 21.57 18.57

PT Bumi Serpong Damai Tbk Forward Rate of Return (Yacktman) % Competitor Comparison

For the Real Estate - Development subindustry, PT Bumi Serpong Damai Tbk'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.


PT Bumi Serpong Damai Tbk Forward Rate of Return (Yacktman) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Bumi Serpong Damai Tbk's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where PT Bumi Serpong Damai Tbk's Forward Rate of Return (Yacktman) % falls into.


BSPDF
88GF Score
PT Bumi Serpong Damai Tbk BSPDF
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bumi Serpong Damai Tbk 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).

PT Bumi Serpong Damai Tbk's Forward Rate of Return of Mar. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.00247619/0.026+0.0921
=18.73 %

* 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 18.57% mean?
PT Bumi Serpong Damai Tbk (BSPDF) has a Forward Rate of Return (Yacktman) % of 18.57% 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 PT Bumi Serpong Damai Tbk and its competitors. This is 178% above median its historical median of 6.68. According to the industry distribution chart, PT Bumi Serpong Damai Tbk ranks #345 out of 1303 companies in the Real Estate industry, placing it in the top 26.5%.
Is PT Bumi Serpong Damai Tbk's Forward Rate of Return (Yacktman) % too high?
PT Bumi Serpong Damai Tbk's current Forward Rate of Return (Yacktman) % of 18.57% is 178% above median its 10-year median of 6.68. The Real Estate industry median Forward Rate of Return (Yacktman) % is 6.66. PT Bumi Serpong Damai Tbk's value of 18.57% is 178.8% above this industry median. Based on the distribution chart, PT Bumi Serpong Damai Tbk ranks #345 out of 1303 companies in the Real Estate industry, which is above the industry midpoint. Overall, PT Bumi Serpong Damai Tbk has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does PT Bumi Serpong Damai Tbk's Forward Rate of Return (Yacktman) % compare to competitors?
According to the Real Estate industry distribution chart, PT Bumi Serpong Damai Tbk ranks #345 out of 1303 companies for Forward Rate of Return (Yacktman) %. This puts PT Bumi Serpong Damai Tbk in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 6.66. PT Bumi Serpong Damai Tbk's value of 18.57% is 178.8% above this benchmark. While the company's 10-year median is 6.68 vs. the industry median of 6.66, PT Bumi Serpong Damai Tbk 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 Real Estate company?
The median Forward Rate of Return (Yacktman) % among Real Estate companies is 6.66, based on 1,303 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. PT Bumi Serpong Damai Tbk's current Forward Rate of Return (Yacktman) % of 18.57% is 178.8% 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 PT Bumi Serpong Damai Tbk and its competitors. For the Real Estate industry, the median Forward Rate of Return (Yacktman) % is 6.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Bumi Serpong Damai Tbk's current Forward Rate of Return (Yacktman) % is 18.57%, which is 178% above median its own 10-year median of 6.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bumi Serpong Damai Tbk stock overvalued right now?
PT Bumi Serpong Damai Tbk (BSPDF) has a current Forward Rate of Return (Yacktman) % of 18.57%. The stock's GF Value™ is $0.04, compared to a current price of $0.03 — trading 35% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 18.57%, which is 178% above median its 10-year median of 6.68 and 178.8% above the Real Estate industry median of 6.66. PT Bumi Serpong Damai Tbk's overall GF Score™ is 88/100 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 PT Bumi Serpong Damai Tbk (BSPDF), the current Forward Rate of Return (Yacktman) % is 18.57% 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 PT Bumi Serpong Damai Tbk (BSPDF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bumi Serpong Damai Tbk stock appears to be undervalued. The current stock price of $0.03 is trading 35% below its estimated GF Value™ of $0.04.

Key valuation signals for BSPDF:

  • Forward Rate of Return (Yacktman) %: 18.57% (178% above median its 10-year median of 6.68)
  • GF Value™: $0.04 vs. price of $0.03 (35% below fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 178.8% above the Real Estate median (#345 of 1303)

No single metric tells the full story. See the BSPDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Bumi Serpong Damai Tbk Business Description

Other Exchanges BSDE:Indonesia
Address Sinar Mas Land Plaza, Jalan Grand Boulevard, BSD Green Office Park, BSD City, Tangerang, IDN, 15345
PT Bumi Serpong Damai Tbk is a general real estate company. The company reports five segments: real estate, property, hotel, toll road, and others. Its real estate segment, which is engaged in the development of real estate properties, generates the vast majority of the company's revenue. PT Bumi's operations are centered in Indonesia. Its property include BDS city, Grand Wista, The Armont Residences, etc.
88GF Score

Get the complete analysis for BSPDF

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

$0.03
Price
$0.04
GF Value