BUNNF (BWP Group) Forward Rate of Return (Yacktman) %: 8.42% (As of Jun. 2026) — 360% Above Median

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.

BUNNF BWP Group BUNNF
83 GF Score
Price $3.10
GF Value $3.39
! 6 Warning Signs
View Full Analysis

What is BWP Group Forward Rate of Return (Yacktman) %?

BWP Group BUNNF 83 Forward Rate of Return (Yacktman) % is 8.42% as of Jun. 2026, which is 360% above its 10-year median of 1.83. GuruFocus rates BUNNF with a GF Score™ of 83/100 and a GF Value™ of $3.39. The stock has 6 warning signs investors should review. Among 632 REITs companies, BWP Group ranks better than 50.79% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. BWP Group's forward rate of return for was 8.42%.

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

BUNNF' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -4.99   Med: 1.83   Max: 25.45
Current: 8.61

During the past 13 years, BWP Group's highest Forward Rate of Return was 25.45. The lowest was -4.99. And the median was 1.83.

BUNNF's Forward Rate of Return (Yacktman) % is ranked better than
50.79% of 632 companies
in the REITs industry
Industry Median: 8.33 vs BUNNF: 8.61

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.


BWP Group  (OTCPK:BUNNF) 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.


BWP Group Forward Rate of Return (Yacktman) % Related Terms


BWP Group Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for BWP Group'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.

BWP Group Forward Rate of Return (Yacktman) % Chart

BWP Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.71 -4.87 -4.25 -1.40 8.42

BWP Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Jun25 Dec25 Jun26
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 0.00 -4.25 -1.40 0.00 8.42

BUNNF vs PLD, PSA, EXR: Forward Rate of Return (Yacktman) % Comparison

For the REIT - Industrial subindustry, BWP Group'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.


BWP Group Forward Rate of Return (Yacktman) % vs REITs Industry

For the REITs industry and Real Estate sector, BWP Group's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


BUNNF
83GF Score
BWP Group BUNNF
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BWP Group 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).

BWP Group's Forward Rate of Return of Jun. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.125/0+0.0196
=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 8.42% mean?
BWP Group (BUNNF) has a Forward Rate of Return (Yacktman) % of 8.42% 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 BWP Group and its competitors. This is 360% above median its historical median of 1.83. According to the industry distribution chart, BWP Group ranks #311 out of 632 companies in the REITs industry, placing it in the top 49.2%.
Is BWP Group's Forward Rate of Return (Yacktman) % too high?
BWP Group's current Forward Rate of Return (Yacktman) % of 8.42% is 360% above median its 10-year median of 1.83. The REITs industry median Forward Rate of Return (Yacktman) % is 8.33. BWP Group's value of 8.42% is 1.1% above this industry median. Based on the distribution chart, BWP Group ranks #311 out of 632 companies in the REITs industry, which is above the industry midpoint. Overall, BWP Group has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does BWP Group's Forward Rate of Return (Yacktman) % compare to PLD and PSA?
According to the REITs industry distribution chart, BWP Group ranks #311 out of 632 companies for Forward Rate of Return (Yacktman) %. This puts BWP Group in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 8.33. BWP Group's value of 8.42% is 1.1% above this benchmark. While the company's 10-year median is 1.83 vs. the industry median of 8.33, BWP Group 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 8.33, based on 632 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. BWP Group's current Forward Rate of Return (Yacktman) % of 8.42% is 1.1% 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 BWP Group and its competitors. For the REITs industry, the median Forward Rate of Return (Yacktman) % is 8.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BWP Group's current Forward Rate of Return (Yacktman) % is 8.42%, which is 360% above median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BWP Group stock overvalued right now?
BWP Group (BUNNF) has a current Forward Rate of Return (Yacktman) % of 8.42%. The stock's GF Value™ is $3.39, compared to a current price of $3.10 — trading 8.6% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 8.42%, which is 360% above median its 10-year median of 1.83 and 1.1% above the REITs industry median of 8.33. BWP Group's overall GF Score™ is 83/100 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 BWP Group (BUNNF), the current Forward Rate of Return (Yacktman) % is 8.42% 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 BWP Group (BUNNF) Overvalued in 2026?

Based on GuruFocus' analysis, BWP Group stock appears to be undervalued. The current stock price of $3.10 is trading 8.6% below its estimated GF Value™ of $3.39.

Key valuation signals for BUNNF:

  • Forward Rate of Return (Yacktman) %: 8.42% (360% above median its 10-year median of 1.83)
  • GF Value™: $3.39 vs. price of $3.10 (8.6% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 1.1% above the REITs median (#311 of 632)

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


BWP Group Business Description

Industry Real EstateREITs
Other Exchanges BWP:Australia
Address 123 St Georges Terrace, Level 14, Brookfield Place Tower 2, Perth, WA, AUS, 6000
BWP Group is an Australian REIT focused on owning warehouse or bulky goods retailing properties with relatively large sites and high visibility and access to arterial roads. The portfolio of properties it owns is diversified across most Australian states and is on long-term leases to Australia's dominant home improvement chain: Bunnings Group. Bunnings is a wholly owned subsidiary of Wesfarmers, a top-10 ASX-listed company by market capitalization. Wesfarmers owns 23% of BWP units.
83GF Score

Get the complete analysis for BUNNF

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

$3.10
Price
$3.39
GF Value