Aluminium du Maroc (CAS:ALM) Forward Rate of Return (Yacktman) %: 6.62% (As of Dec. 2025) — 461% 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.

CAS:ALM Aluminium du Maroc CAS:ALM
63 GF Score
Price MAD1,780.00
GF Value MAD1,604.45
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Aluminium du Maroc Forward Rate of Return (Yacktman) %?

Aluminium du Maroc CAS:ALM +0.56% 63 Forward Rate of Return (Yacktman) % is 6.62% as of Dec. 2025, which is 461% above its 10-year median of 1.18. GuruFocus rates CAS:ALM with a GF Score™ of 63/100 and a GF Value™ of MAD1,604.45 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 444 Metals & Mining companies, Aluminium du Maroc ranks worse than 55.41% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Aluminium du Maroc's forward rate of return for was 6.62%.

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

CAS:ALM' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -3.7   Med: 1.18   Max: 6.79
Current: 6.71

During the past 13 years, Aluminium du Maroc's highest Forward Rate of Return was 6.79. The lowest was -3.70. And the median was 1.18.

CAS:ALM's Forward Rate of Return (Yacktman) % is ranked worse than
55.41% of 444 companies
in the Metals & Mining industry
Industry Median: 9.21 vs CAS:ALM: 6.71

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.


Aluminium du Maroc  (CAS:ALM) 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.


Aluminium du Maroc Forward Rate of Return (Yacktman) % Related Terms


Aluminium du Maroc Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Aluminium du Maroc'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.

Aluminium du Maroc Forward Rate of Return (Yacktman) % Chart

Aluminium du Maroc 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 0.00 -3.07 1.24 1.36 6.62

Aluminium du Maroc Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.24 0.00 1.36 0.00 6.62

CAS:ALM vs AA, CENX, CSTM: Forward Rate of Return (Yacktman) % Comparison

For the Aluminum subindustry, Aluminium du Maroc'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.


Aluminium du Maroc Forward Rate of Return (Yacktman) % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminium du Maroc's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


CAS:ALM
63GF Score
Aluminium du Maroc CAS:ALM
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aluminium du Maroc 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).

Aluminium du Maroc's Forward Rate of Return of Dec. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=45.525/1798+0.0409
=6.62 %

* 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 6.62% mean?
Aluminium du Maroc (CAS:ALM) has a Forward Rate of Return (Yacktman) % of 6.62% 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 Aluminium du Maroc and its competitors. This is 461% above median its historical median of 1.18. According to the industry distribution chart, Aluminium du Maroc ranks #246 out of 444 companies in the Metals & Mining industry, placing it in the top 55.4%.
Is Aluminium du Maroc's Forward Rate of Return (Yacktman) % too high?
Aluminium du Maroc's current Forward Rate of Return (Yacktman) % of 6.62% is 461% above median its 10-year median of 1.18. The Metals & Mining industry median Forward Rate of Return (Yacktman) % is 9.21. Aluminium du Maroc's value of 6.62% is 28.1% below this industry median. Based on the distribution chart, Aluminium du Maroc ranks #246 out of 444 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Aluminium du Maroc has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aluminium du Maroc's Forward Rate of Return (Yacktman) % compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Aluminium du Maroc ranks #246 out of 444 companies for Forward Rate of Return (Yacktman) %. This places Aluminium du Maroc in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 9.21. Aluminium du Maroc's value of 6.62% is 28.1% below this benchmark. While the company's 10-year median is 1.18 vs. the industry median of 9.21, Aluminium du Maroc 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 Metals & Mining company?
The median Forward Rate of Return (Yacktman) % among Metals & Mining companies is 9.21, based on 444 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. Aluminium du Maroc's current Forward Rate of Return (Yacktman) % of 6.62% is 28.1% 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 Aluminium du Maroc and its competitors. For the Metals & Mining industry, the median Forward Rate of Return (Yacktman) % is 9.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aluminium du Maroc's current Forward Rate of Return (Yacktman) % is 6.62%, which is 461% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluminium du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Aluminium du Maroc (CAS:ALM) is currently considered Modestly Overvalued. The stock's GF Value™ is MAD1,604.45, compared to a current price of MAD1,780.00 — trading 10.9% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 6.62%, which is 461% above median its 10-year median of 1.18 and 28.1% below the Metals & Mining industry median of 9.21. Aluminium du Maroc's overall GF Score™ is 63/100 with 4 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 Aluminium du Maroc (CAS:ALM), the current Forward Rate of Return (Yacktman) % is 6.62% 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 Aluminium du Maroc (CAS:ALM) Overvalued in 2026?

Based on GuruFocus' analysis, Aluminium du Maroc stock appears to be overvalued. The current stock price of MAD1,780.00 is trading 10.9% above its estimated GF Value™ of MAD1,604.45. GuruFocus considers Aluminium du Maroc to be Modestly Overvalued.

Key valuation signals for CAS:ALM:

  • Forward Rate of Return (Yacktman) %: 6.62% (461% above median its 10-year median of 1.18)
  • GF Value™: MAD1,604.45 vs. price of MAD1,780.00 (10.9% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 28.1% below the Metals & Mining median (#246 of 444)

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


Aluminium du Maroc Business Description

Address Industrial Zone - Tetouan Road, BP 324, Tangier, MAR, 90000
Aluminium du Maroc is engaged in design and manufacture of aluminum alloy profiles for building and industry. The company's products portfolio includes sliders, doors, roofing, facades, pool barrier, strikes, bodyguards, shutters, and portals.
63GF Score

Get the complete analysis for CAS:ALM

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

MAD1,780.00
Price
MAD1,604.45
GF Value