LafargeHolcim Maroc (CAS:LHM) Forward Rate of Return (Yacktman) %: 8.87% (As of Dec. 2025) — 76% Above Median

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Director of Data and Quant Analytics at GuruFocus
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CAS:LHM LafargeHolcim Maroc SA CAS:LHM
81 GF Score
Price MAD1,804.00
GF Value MAD2,141.19
Valuation Modestly Undervalued
! 1 Warning Sign
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What is LafargeHolcim Maroc Forward Rate of Return (Yacktman) %?

LafargeHolcim Maroc CAS:LHM +1.92% 81 Forward Rate of Return (Yacktman) % is 8.87% as of Dec. 2025, which is 76% above its 10-year median of 5.05. GuruFocus rates CAS:LHM with a GF Score™ of 81/100 and a GF Value™ of MAD2,141.19 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 318 Building Materials companies, LafargeHolcim Maroc ranks better than 50.94% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. LafargeHolcim Maroc's forward rate of return for was 8.87%.

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

CAS:LHM' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 0.76   Med: 5.05   Max: 10.59
Current: 8.97

During the past 13 years, LafargeHolcim Maroc's highest Forward Rate of Return was 10.59. The lowest was 0.76. And the median was 5.05.

CAS:LHM's Forward Rate of Return (Yacktman) % is ranked better than
50.94% of 318 companies
in the Building Materials industry
Industry Median: 8.195 vs CAS:LHM: 8.97

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.


LafargeHolcim Maroc  (CAS:LHM) 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.


LafargeHolcim Maroc Forward Rate of Return (Yacktman) % Related Terms


LafargeHolcim Maroc Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for LafargeHolcim 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.

LafargeHolcim Maroc Forward Rate of Return (Yacktman) % Chart

LafargeHolcim 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 6.38 4.00 2.96 4.25 8.87

LafargeHolcim 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 2.96 0.00 4.25 0.00 8.87

CAS:LHM vs CRH, VMC, MLM: Forward Rate of Return (Yacktman) % Comparison

For the Building Materials subindustry, LafargeHolcim 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.


LafargeHolcim Maroc Forward Rate of Return (Yacktman) % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, LafargeHolcim Maroc's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


CAS:LHM
81GF Score
LafargeHolcim Maroc SA CAS:LHM
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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LafargeHolcim 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).

LafargeHolcim Maroc's Forward Rate of Return of Dec. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=82.095/1840+0.0441
=8.87 %

* 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 8.87% mean?
LafargeHolcim Maroc (CAS:LHM) has a Forward Rate of Return (Yacktman) % of 8.87% 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 LafargeHolcim Maroc and its competitors. This is 76% above median its historical median of 5.05. Over the past decade, LafargeHolcim Maroc's Forward Rate of Return (Yacktman) % has ranged from 0.76 to 10.59. According to the industry distribution chart, LafargeHolcim Maroc ranks #156 out of 318 companies in the Building Materials industry, placing it in the top 49.1%.
Is LafargeHolcim Maroc's Forward Rate of Return (Yacktman) % too high?
LafargeHolcim Maroc's current Forward Rate of Return (Yacktman) % of 8.87% is 76% above median its 10-year median of 5.05. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 10.59. The Building Materials industry median Forward Rate of Return (Yacktman) % is 8.20. LafargeHolcim Maroc's value of 8.87% is 8.2% above this industry median. Based on the distribution chart, LafargeHolcim Maroc ranks #156 out of 318 companies in the Building Materials industry, which is above the industry midpoint. Overall, LafargeHolcim Maroc has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LafargeHolcim Maroc's Forward Rate of Return (Yacktman) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, LafargeHolcim Maroc ranks #156 out of 318 companies for Forward Rate of Return (Yacktman) %. This puts LafargeHolcim Maroc in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 8.20. LafargeHolcim Maroc's value of 8.87% is 8.2% above this benchmark. Historically, LafargeHolcim Maroc's own Forward Rate of Return (Yacktman) % has ranged from 0.76 to 10.59 over the past decade. While the company's 10-year median is 5.05 vs. the industry median of 8.20, LafargeHolcim Maroc 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 Building Materials company?
The median Forward Rate of Return (Yacktman) % among Building Materials companies is 8.20, based on 318 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. LafargeHolcim Maroc's current Forward Rate of Return (Yacktman) % of 8.87% is 8.2% 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 LafargeHolcim Maroc and its competitors. For the Building Materials industry, the median Forward Rate of Return (Yacktman) % is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LafargeHolcim Maroc's current Forward Rate of Return (Yacktman) % is 8.87%, which is 76% above median its own 10-year median of 5.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LafargeHolcim Maroc stock overvalued right now?
Based on GuruFocus' analysis, LafargeHolcim Maroc (CAS:LHM) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD2,141.19, compared to a current price of MAD1,804.00 — trading 15.7% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 8.87%, which is 76% above median its 10-year median of 5.05 and 8.2% above the Building Materials industry median of 8.20. LafargeHolcim Maroc's overall GF Score™ is 81/100 with 1 warning sign 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 LafargeHolcim Maroc (CAS:LHM), the current Forward Rate of Return (Yacktman) % is 8.87% 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 LafargeHolcim Maroc (CAS:LHM) Overvalued in 2026?

Based on GuruFocus' analysis, LafargeHolcim Maroc stock appears to be undervalued. The current stock price of MAD1,804.00 is trading 15.7% below its estimated GF Value™ of MAD2,141.19. GuruFocus considers LafargeHolcim Maroc to be Modestly Undervalued.

Key valuation signals for CAS:LHM:

  • Forward Rate of Return (Yacktman) %: 8.87% (76% above median its 10-year median of 5.05)
  • GF Value™: MAD2,141.19 vs. price of MAD1,804.00 (15.7% below fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 8.2% above the Building Materials median (#156 of 318)

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


LafargeHolcim Maroc Business Description

Address 6, Route de Mekka, Quartier les Cretes, Casablanca, MAR, 20150
LafargeHolcim Maroc SA is a Morocco-based company. It is engaged in the manufacturing and sale of cement and hydraulic binders to the construction industry. Its product portfolio consists of cement, concretes, aggregates, plasters, and lime.
81GF Score

Get the complete analysis for CAS:LHM

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

MAD1,804.00
Price
MAD2,141.19
GF Value