Emaar Misr for DevelopmentE (CAI:EMFD) Forward Rate of Return (Yacktman) %: 26.60% (As of Jun. 2025) — 10% Above Median

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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
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CAI:EMFD Emaar Misr for Development SAE CAI:EMFD
64 GF Score
Price E£13.40
GF Value E£7.44
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Emaar Misr for DevelopmentE Forward Rate of Return (Yacktman) %?

Emaar Misr for DevelopmentE CAI:EMFD -2.65% 64 Forward Rate of Return (Yacktman) % is 26.60% as of Jun. 2025, which is 10% above its 10-year median of 24.26. GuruFocus rates CAI:EMFD with a GF Score™ of 64/100 and a GF Value™ of E£7.44 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,316 Real Estate companies, Emaar Misr for DevelopmentE ranks better than 84.73% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Emaar Misr for DevelopmentE's forward rate of return for was 26.60%.

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

CAI:EMFD' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -1.54   Med: 24.26   Max: 36.59
Current: 25.92

During the past 12 years, Emaar Misr for DevelopmentE's highest Forward Rate of Return was 36.59. The lowest was -1.54. And the median was 24.26.

CAI:EMFD's Forward Rate of Return (Yacktman) % is ranked better than
84.73% of 1316 companies
in the Real Estate industry
Industry Median: 6.51 vs CAI:EMFD: 25.92

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.


Emaar Misr for DevelopmentE  (CAI:EMFD) 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.


Emaar Misr for DevelopmentE Forward Rate of Return (Yacktman) % Related Terms


Emaar Misr for DevelopmentE Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Emaar Misr for DevelopmentE'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.

Emaar Misr for DevelopmentE Forward Rate of Return (Yacktman) % Chart

Emaar Misr for DevelopmentE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.48 23.82 26.82 20.46 24.36

Emaar Misr for DevelopmentE Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 21.29 20.92 26.96 26.14 26.60

Emaar Misr for DevelopmentE Forward Rate of Return (Yacktman) % Competitor Comparison

For the Real Estate - Development subindustry, Emaar Misr for DevelopmentE'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.


Emaar Misr for DevelopmentE Forward Rate of Return (Yacktman) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar Misr for DevelopmentE's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Emaar Misr for DevelopmentE's Forward Rate of Return (Yacktman) % falls into.


CAI:EMFD
64GF Score
Emaar Misr for Development SAE CAI:EMFD
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Emaar Misr for DevelopmentE 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).

Emaar Misr for DevelopmentE's Forward Rate of Return of Jun. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.6152381/9.32+0.2
=26.60 %

* 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 26.60% mean?
Emaar Misr for DevelopmentE (CAI:EMFD) has a Forward Rate of Return (Yacktman) % of 26.60% 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 Emaar Misr for DevelopmentE and its competitors. This is 10% above median its historical median of 24.26. According to the industry distribution chart, Emaar Misr for DevelopmentE ranks #201 out of 1316 companies in the Real Estate industry, placing it in the top 15.3%.
Is Emaar Misr for DevelopmentE's Forward Rate of Return (Yacktman) % too high?
Emaar Misr for DevelopmentE's current Forward Rate of Return (Yacktman) % of 26.60% is 10% above median its 10-year median of 24.26. The Real Estate industry median Forward Rate of Return (Yacktman) % is 6.51. Emaar Misr for DevelopmentE's value of 26.60% is 308.6% above this industry median. Based on the distribution chart, Emaar Misr for DevelopmentE ranks #201 out of 1316 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Emaar Misr for DevelopmentE has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emaar Misr for DevelopmentE's Forward Rate of Return (Yacktman) % compare to competitors?
According to the Real Estate industry distribution chart, Emaar Misr for DevelopmentE ranks #201 out of 1316 companies for Forward Rate of Return (Yacktman) %. This places Emaar Misr for DevelopmentE in the top 15% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 6.51. Emaar Misr for DevelopmentE's value of 26.60% is 308.6% above this benchmark. While the company's 10-year median is 24.26 vs. the industry median of 6.51, Emaar Misr for DevelopmentE 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 6.51, based on 1,316 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. Emaar Misr for DevelopmentE's current Forward Rate of Return (Yacktman) % of 26.60% is 308.6% 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 Emaar Misr for DevelopmentE and its competitors. For the Real Estate industry, the median Forward Rate of Return (Yacktman) % is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emaar Misr for DevelopmentE's current Forward Rate of Return (Yacktman) % is 26.60%, which is 10% above median its own 10-year median of 24.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emaar Misr for DevelopmentE stock overvalued right now?
Based on GuruFocus' analysis, Emaar Misr for DevelopmentE (CAI:EMFD) is currently considered Significantly Overvalued. The stock's GF Value™ is E£7.44, compared to a current price of E£13.40 — trading 80.1% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 26.60%, which is 10% above median its 10-year median of 24.26 and 308.6% above the Real Estate industry median of 6.51. Emaar Misr for DevelopmentE's overall GF Score™ is 64/100 with 9 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 Emaar Misr for DevelopmentE (CAI:EMFD), the current Forward Rate of Return (Yacktman) % is 26.60% 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 Emaar Misr for DevelopmentE (CAI:EMFD) Overvalued in 2026?

Based on GuruFocus' analysis, Emaar Misr for DevelopmentE stock appears to be overvalued. The current stock price of E£13.40 is trading 80.1% above its estimated GF Value™ of E£7.44. GuruFocus considers Emaar Misr for DevelopmentE to be Significantly Overvalued.

Key valuation signals for CAI:EMFD:

  • Forward Rate of Return (Yacktman) %: 26.60% (10% above median its 10-year median of 24.26)
  • GF Value™: E£7.44 vs. price of E£13.40 (80.1% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 308.6% above the Real Estate median (#201 of 1316)

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


Emaar Misr for DevelopmentE Business Description

Address Mokattam, P.O. Box 229, Cairo, EGY, 11571
Emaar Misr for Development SAE engages in the property development activities in Egypt. Its projects include Uptown Cairo, a mixed-use development project, which offers a range of amenities, including shopping centers, a business park, hotels, a spa, and golf courses. The company is also developing Mivida, a residential community, which consists of amenities, such as business and central park.
64GF Score

Get the complete analysis for CAI:EMFD

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

E£13.40
Price
E£7.44
GF Value