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Cass Information SystemsCASS -0.60%62 Forward Rate of Return (Yacktman) % is 7.74% as of Jun. 2026, which is 16% below its 10-year median of 9.16. GuruFocus rates CASS with a GF Score™ of 62/100 and a GF Value™ of $49.80 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 722 Business Services companies, Cass Information Systems ranks worse than 66.07% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Cass Information Systems's forward rate of return for was 7.74%.
The historical rank and industry rank for Cass Information Systems's Forward Rate of Return (Yacktman) % or its related term are showing as below:
CASS'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 3.59 Med: 9.16 Max: 12.82
Current: 7.29
During the past 13 years, Cass Information Systems's highest Forward Rate of Return was 12.82. The lowest was 3.59. And the median was 9.16.
CASS's Forward Rate of Return (Yacktman) % is ranked worse than 66.07% of 722
companies
in the Business Services industry
Industry Median: 13.295
vs CASS: 7.29
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.
Cass Information Systems (NAS:CASS) 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 Book Value 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.
Cass Information Systems Forward Rate of Return (Yacktman) % Related Terms
Cass Information Systems Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Cass Information Systems'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.
Cass Information Systems Forward Rate of Return (Yacktman) % Chart
CASS vs TRNS, BKSY, KODK: Forward Rate of Return (Yacktman) % Comparison
For the Specialty Business Services subindustry, Cass Information Systems'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.
Cass Information Systems Forward Rate of Return (Yacktman) % vs Business Services Industry
For the Business Services industry and Industrials sector, Cass Information Systems's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Cass Information Systems's Forward Rate of Return (Yacktman) % falls into.
Cass Information Systems 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).
* 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 7.74% mean?
Cass Information Systems (CASS) has a Forward Rate of Return (Yacktman) % of 7.74% 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 Cass Information Systems and its competitors. This is 16% below median its historical median of 9.16. Over the past decade, Cass Information Systems' Forward Rate of Return (Yacktman) % has ranged from 3.59 to 12.82. According to the industry distribution chart, Cass Information Systems ranks #477 out of 722 companies in the Business Services industry, placing it in the top 66.1%.
Is Cass Information Systems' Forward Rate of Return (Yacktman) % too high?
Cass Information Systems' current Forward Rate of Return (Yacktman) % of 7.74% is 16% below median its 10-year median of 9.16. Over the past 10 years, this metric has ranged from a low of 3.59 to a high of 12.82. The Business Services industry median Forward Rate of Return (Yacktman) % is 13.30. Cass Information Systems' value of 7.74% is 41.8% below this industry median. Based on the distribution chart, Cass Information Systems ranks #477 out of 722 companies in the Business Services industry, which is below the industry midpoint. Overall, Cass Information Systems has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cass Information Systems' Forward Rate of Return (Yacktman) % compare to TRNS and BKSY?
According to the Business Services industry distribution chart, Cass Information Systems ranks #477 out of 722 companies for Forward Rate of Return (Yacktman) %. This places Cass Information Systems in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 13.30. Cass Information Systems' value of 7.74% is 41.8% below this benchmark. Historically, Cass Information Systems' own Forward Rate of Return (Yacktman) % has ranged from 3.59 to 12.82 over the past decade. While the company's 10-year median is 9.16 vs. the industry median of 13.30, Cass Information Systems 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 Business Services company?
The median Forward Rate of Return (Yacktman) % among Business Services companies is 13.30, based on 722 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. Cass Information Systems's current Forward Rate of Return (Yacktman) % of 7.74% is 41.8% 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 Cass Information Systems and its competitors. For the Business Services industry, the median Forward Rate of Return (Yacktman) % is 13.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cass Information Systems's current Forward Rate of Return (Yacktman) % is 7.74%, which is 16% below median its own 10-year median of 9.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cass Information Systems stock overvalued right now?
Based on GuruFocus' analysis, Cass Information Systems (CASS) is currently considered Modestly Overvalued. The stock's GF Value™ is $49.80, compared to a current price of $56.36 — trading 13.2% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 7.74%, which is 16% below median its 10-year median of 9.16 and 41.8% below the Business Services industry median of 13.30. Cass Information Systems' overall GF Score™ is 62/100 with 5 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 Cass Information Systems (CASS), the current Forward Rate of Return (Yacktman) % is 7.74% 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 Cass Information Systems (CASS) Overvalued in 2026?
Based on GuruFocus' analysis, Cass Information Systems stock appears to be overvalued.
The current stock price of $56.36 is trading 13.2% above its estimated GF Value™ of $49.80.
GuruFocus considers Cass Information Systems to be Modestly Overvalued.
Key valuation signals for CASS:
Forward Rate of Return (Yacktman) %: 7.74% (16% below median its 10-year median of 9.16)
GF Value™: $49.80 vs. price of $56.36 (13.2% above fair value)
Industry Position: 41.8% below the Business Services median (#477 of 722)
No single metric tells the full story. See the CASS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cass Information Systems Inc is a provider of payment and information processing services to large manufacturing, distribution, and retail enterprises across the United States. The company provides transportation invoice rating, payment processing, auditing, accounting, and transportation information. It is also a processor and payer of energy invoices, including electricity, gas, waste, and other facility-related expenses. Additionally, the firm has a banking subsidiary, offering banking services mainly to privately held businesses in the St. Louis metropolitan area and restaurant franchises and faith-based ministries within the United States. The company operates in two reportable segments: Information Services, which generates the maximum revenue, and Banking Services.
62GF Score
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