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Axfood ABCHIX:AXFOS +1.18%84 Forward Rate of Return (Yacktman) % is 18.03% as of Jun. 2026, which is 3% below its 10-year median of 18.56. GuruFocus rates CHIX:AXFOS with a GF Score™ of 84/100 and a GF Value™ of kr296.73 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 222 Retail - Defensive companies, Axfood AB ranks better than 68.02% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Axfood AB's forward rate of return for was 18.03%.
The historical rank and industry rank for Axfood AB's Forward Rate of Return (Yacktman) % or its related term are showing as below:
CHIX:AXFOs'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 11.05 Med: 18.56 Max: 27.18
Current: 18.82
During the past 13 years, Axfood AB's highest Forward Rate of Return was 27.18. The lowest was 11.05. And the median was 18.56.
CHIX:AXFOs's Forward Rate of Return (Yacktman) % is ranked better than 68.02% of 222
companies
in the Retail - Defensive industry
Industry Median: 14.08
vs CHIX:AXFOs: 18.82
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.
Axfood AB (CHIX:AXFOs) 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.
Axfood AB Forward Rate of Return (Yacktman) % Related Terms
Axfood AB Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Axfood AB'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.
Axfood AB Forward Rate of Return (Yacktman) % Chart
CHIX:AXFOS vs KR, SFM: Forward Rate of Return (Yacktman) % Comparison
For the Grocery Stores subindustry, Axfood AB'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.
Axfood AB Forward Rate of Return (Yacktman) % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Axfood AB's Forward Rate of Return (Yacktman) % falls into.
Axfood AB 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).
Axfood AB's Forward Rate of Return of Jun. 2026 is
Forward Rate of Return
=
Normalized Free Cash Flow
/
Price
+
5-Year EBITDA Growth Rate
=
17.16171429
/
259.6
+
0.1136
=
17.97 %
* 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 18.03% mean?
Axfood AB (CHIX:AXFOS) has a Forward Rate of Return (Yacktman) % of 18.03% 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 Axfood AB and its competitors. This is near median its historical median of 18.56. Over the past decade, Axfood AB's Forward Rate of Return (Yacktman) % has ranged from 11.05 to 27.18. According to the industry distribution chart, Axfood AB ranks #71 out of 222 companies in the Retail - Defensive industry, placing it in the top 32%.
Is Axfood AB's Forward Rate of Return (Yacktman) % too high?
Axfood AB's current Forward Rate of Return (Yacktman) % of 18.03% is near median its 10-year median of 18.56. Over the past 10 years, this metric has ranged from a low of 11.05 to a high of 27.18. The Retail - Defensive industry median Forward Rate of Return (Yacktman) % is 14.08. Axfood AB's value of 18.03% is 28.1% above this industry median. Based on the distribution chart, Axfood AB ranks #71 out of 222 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Axfood AB has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axfood AB's Forward Rate of Return (Yacktman) % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Axfood AB ranks #71 out of 222 companies for Forward Rate of Return (Yacktman) %. This puts Axfood AB in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 14.08. Axfood AB's value of 18.03% is 28.1% above this benchmark. Historically, Axfood AB's own Forward Rate of Return (Yacktman) % has ranged from 11.05 to 27.18 over the past decade. While the company's 10-year median is 18.56 vs. the industry median of 14.08, Axfood AB 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 Retail - Defensive company?
The median Forward Rate of Return (Yacktman) % among Retail - Defensive companies is 14.08, based on 222 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. Axfood AB's current Forward Rate of Return (Yacktman) % of 18.03% is 28.1% 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 Axfood AB and its competitors. For the Retail - Defensive industry, the median Forward Rate of Return (Yacktman) % is 14.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axfood AB's current Forward Rate of Return (Yacktman) % is 18.03%, which is near median its own 10-year median of 18.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axfood AB stock overvalued right now?
Based on GuruFocus' analysis, Axfood AB (CHIX:AXFOS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr296.73, compared to a current price of kr231.25 — trading 22.1% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 18.03%, which is near median its 10-year median of 18.56 and 28.1% above the Retail - Defensive industry median of 14.08. Axfood AB's overall GF Score™ is 84/100 with 6 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 Axfood AB (CHIX:AXFOS), the current Forward Rate of Return (Yacktman) % is 18.03% 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 Axfood AB (CHIX:AXFOS) Overvalued in 2026?
Based on GuruFocus' analysis, Axfood AB stock appears to be undervalued.
The current stock price of kr231.25 is trading 22.1% below its estimated GF Value™ of kr296.73.
GuruFocus considers Axfood AB to be Modestly Undervalued.
Key valuation signals for CHIX:AXFOS:
Forward Rate of Return (Yacktman) %: 18.03% (near median its 10-year median of 18.56)
GF Value™: kr296.73 vs. price of kr231.25 (22.1% below fair value)
Industry Position: 28.1% above the Retail - Defensive median (#71 of 222)
No single metric tells the full story. See the CHIX:AXFOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axfood AB operates food retail and wholesale businesses in Sweden. The company operates various food retail grocery chains, discount stores, hypermarkets, restaurants, cafes, and pharmacies through different brands. The company's operating segments include Willys, Hemkop, Dagab, City Gross, and Snabbgross. A majority of its revenue is generated from the Willys segment, which is a discount grocery chain, offering various products in both group-owned stores and online. This segment also includes the partly owned cross-border grocery chain Eurocash.
84GF Score
Get the complete analysis for CHIX:AXFOS
Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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