CDGXY (China Dongxiang (Group) Co) Forward Rate of Return (Yacktman) %: 0.00% (As of Mar. 2026)

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.

CDGXY China Dongxiang (Group) Co Ltd CDGXY
56 GF Score
Price $1.87
GF Value $2.43
Valuation Modestly Undervalued
! 5 Warning Signs
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What is China Dongxiang (Group) Co Forward Rate of Return (Yacktman) %?

China Dongxiang (Group) Co CDGXY +9.20% 56 Forward Rate of Return (Yacktman) % is 0.00% as of Mar. 2026. GuruFocus rates CDGXY with a GF Score™ of 56/100 and a GF Value™ of $2.43 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 820 Manufacturing - Apparel & Accessories companies, China Dongxiang (Group) Co ranks better than 89.76% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. China Dongxiang (Group) Co's forward rate of return for was 0.00%.

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

CDGXY' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -9.13   Med: 22.58   Max: 26.97
Current: 26.97

During the past 13 years, China Dongxiang (Group) Co's highest Forward Rate of Return was 26.97. The lowest was -9.13. And the median was 22.58.

CDGXY's Forward Rate of Return (Yacktman) % is ranked better than
89.76% of 820 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.405 vs CDGXY: 26.97

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.


China Dongxiang (Group) Co  (OTCPK:CDGXY) 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.


China Dongxiang (Group) Co Forward Rate of Return (Yacktman) % Related Terms


China Dongxiang (Group) Co Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for China Dongxiang (Group) Co'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.

China Dongxiang (Group) Co Forward Rate of Return (Yacktman) % Chart

China Dongxiang (Group) Co Annual Data
Trend Dec17 Dec18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

China Dongxiang (Group) Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.00 0.00 0.00 0.00

CDGXY vs RL, LEVI, VFC: Forward Rate of Return (Yacktman) % Comparison

For the Apparel Manufacturing subindustry, China Dongxiang (Group) Co'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.


China Dongxiang (Group) Co Forward Rate of Return (Yacktman) % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Dongxiang (Group) Co's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


CDGXY
56GF Score
China Dongxiang (Group) Co Ltd CDGXY
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Dongxiang (Group) Co 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).

China Dongxiang (Group) Co's Forward Rate of Return of Mar. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.12383333/2.655+0.2
=24.66 %

* 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 0.00% mean?
China Dongxiang (Group) Co (CDGXY) has a Forward Rate of Return (Yacktman) % of 0.00% as of Mar. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on China Dongxiang (Group) Co and its competitors. According to the industry distribution chart, China Dongxiang (Group) Co ranks #84 out of 820 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 10.2%.
Is China Dongxiang (Group) Co's Forward Rate of Return (Yacktman) % too high?
China Dongxiang (Group) Co's current Forward Rate of Return (Yacktman) % is 0.00%. Based on the distribution chart, China Dongxiang (Group) Co ranks #84 out of 820 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, China Dongxiang (Group) Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Dongxiang (Group) Co's Forward Rate of Return (Yacktman) % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, China Dongxiang (Group) Co ranks #84 out of 820 companies for Forward Rate of Return (Yacktman) %. This places China Dongxiang (Group) Co in the top 10% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 5.41. 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 Manufacturing - Apparel & Accessories company?
The median Forward Rate of Return (Yacktman) % among Manufacturing - Apparel & Accessories companies is 5.41, based on 820 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. 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 China Dongxiang (Group) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Forward Rate of Return (Yacktman) % is 5.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Dongxiang (Group) Co's current Forward Rate of Return (Yacktman) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Dongxiang (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, China Dongxiang (Group) Co (CDGXY) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.43, compared to a current price of $1.87 — trading 23% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 0.00%. China Dongxiang (Group) Co's overall GF Score™ is 56/100 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 China Dongxiang (Group) Co (CDGXY), the current Forward Rate of Return (Yacktman) % is 0.00% as of Mar. 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 China Dongxiang (Group) Co (CDGXY) Overvalued in 2026?

Based on GuruFocus' analysis, China Dongxiang (Group) Co stock appears to be undervalued. The current stock price of $1.87 is trading 23% below its estimated GF Value™ of $2.43. GuruFocus considers China Dongxiang (Group) Co to be Modestly Undervalued.

Key valuation signals for CDGXY:

  • Forward Rate of Return (Yacktman) %: 0.00%
  • GF Value™: $2.43 vs. price of $1.87 (23% below fair value)
  • GF Score™: 56/100 with 5 warning signs

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


China Dongxiang (Group) Co Business Description

Other Exchanges 03818:Hong Kong4C1:Germany
Address Building 21, No. 2 Jingyuanbei Street, Beijing Economic-Technological Development Area, Beijing, CHN, 100176
China Dongxiang (Group) Co Ltd manufactures sports apparel and footwear. Its main brand is Kappa, which it sells in China. The company's primary sales channel is wholesale to distributors. The company also sells directly to consumers through company-operated retail stores and outlets in China, as well as through its e-commerce channel. It has two segments: China Sporting Goods and Investment. The China Sporting Goods segment engages in the distribution and retail sales of sports apparel under the Kappa brand and the Phenix brand, as well as the franchise fee income from such trademarks for certain products.
56GF Score

Get the complete analysis for CDGXY

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

$1.87
Price
$2.43
GF Value