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IMCD NVCHIX:IMCDA 80 Forward Rate of Return (Yacktman) % is 18.31% as of Dec. 2025, which is 6% above its 10-year median of 17.22. GuruFocus rates CHIX:IMCDA with a GF Score™ of 80/100 and a GF Value™ of €153.31 (Significantly Undervalued). The stock has 9 warning signs investors should review. Among 1,256 Chemicals companies, IMCD NV ranks better than 80.81% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. IMCD NV's forward rate of return for was 18.31%.
The historical rank and industry rank for IMCD NV's Forward Rate of Return (Yacktman) % or its related term are showing as below:
CHIX:IMCDa'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -7.98 Med: 17.22 Max: 25.67
Current: 17.16
During the past 13 years, IMCD NV's highest Forward Rate of Return was 25.67. The lowest was -7.98. And the median was 17.22.
CHIX:IMCDa's Forward Rate of Return (Yacktman) % is ranked better than 80.81% of 1256
companies
in the Chemicals industry
Industry Median: 3.45
vs CHIX:IMCDa: 17.16
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.
IMCD NV (CHIX:IMCDa) 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.
IMCD NV Forward Rate of Return (Yacktman) % Related Terms
IMCD NV Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for IMCD NV'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.
CHIX:IMCDA vs LIN, SHW, ECL: Forward Rate of Return (Yacktman) % Comparison
For the Specialty Chemicals subindustry, IMCD NV'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.
IMCD NV Forward Rate of Return (Yacktman) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, IMCD NV's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where IMCD NV's Forward Rate of Return (Yacktman) % falls into.
IMCD NV 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 18.31% mean?
IMCD NV (CHIX:IMCDA) has a Forward Rate of Return (Yacktman) % of 18.31% 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 IMCD NV and its competitors. This is near median its historical median of 17.22. According to the industry distribution chart, IMCD NV ranks #241 out of 1256 companies in the Chemicals industry, placing it in the top 19.2%.
Is IMCD NV's Forward Rate of Return (Yacktman) % too high?
IMCD NV's current Forward Rate of Return (Yacktman) % of 18.31% is near median its 10-year median of 17.22. The Chemicals industry median Forward Rate of Return (Yacktman) % is 3.45. IMCD NV's value of 18.31% is 430.7% above this industry median. Based on the distribution chart, IMCD NV ranks #241 out of 1256 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, IMCD NV has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IMCD NV's Forward Rate of Return (Yacktman) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, IMCD NV ranks #241 out of 1256 companies for Forward Rate of Return (Yacktman) %. This places IMCD NV in the top 19% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 3.45. IMCD NV's value of 18.31% is 430.7% above this benchmark. While the company's 10-year median is 17.22 vs. the industry median of 3.45, IMCD NV 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 Chemicals company?
The median Forward Rate of Return (Yacktman) % among Chemicals companies is 3.45, based on 1,256 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. IMCD NV's current Forward Rate of Return (Yacktman) % of 18.31% is 430.7% 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 IMCD NV and its competitors. For the Chemicals industry, the median Forward Rate of Return (Yacktman) % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IMCD NV's current Forward Rate of Return (Yacktman) % is 18.31%, which is near median its own 10-year median of 17.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMCD NV stock overvalued right now?
Based on GuruFocus' analysis, IMCD NV (CHIX:IMCDA) is currently considered Significantly Undervalued. The stock's GF Value™ is €153.31, compared to a current price of €79.78 — trading 48% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 18.31%, which is near median its 10-year median of 17.22 and 430.7% above the Chemicals industry median of 3.45. IMCD NV's overall GF Score™ is 80/100 with 9 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 IMCD NV (CHIX:IMCDA), the current Forward Rate of Return (Yacktman) % is 18.31% 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 IMCD NV (CHIX:IMCDA) Overvalued in 2026?
Based on GuruFocus' analysis, IMCD NV stock appears to be undervalued.
The current stock price of €79.78 is trading 48% below its estimated GF Value™ of €153.31.
GuruFocus considers IMCD NV to be Significantly Undervalued.
Key valuation signals for CHIX:IMCDA:
Forward Rate of Return (Yacktman) %: 18.31% (near median its 10-year median of 17.22)
GF Value™: €153.31 vs. price of €79.78 (48% below fair value)
Industry Position: 430.7% above the Chemicals median (#241 of 1256)
No single metric tells the full story. See the CHIX:IMCDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IMCD NV is a distributor and formulator of specialty chemicals and ingredients for industrial and life-science markets. The company's product portfolio consists of two categories: Life Science, which consists of the following lines of business: Pharmaceuticals, Beauty & Personal Care, Food & Nutrition, and Home Care I&I, and the Industrial segment, which contains the lines of business of Coatings & Construction, Lubricants & Energy, Industrial Solutions and Advanced Materials. The company has four operating segments: EMEA, Americas, Asia-Pacific, and Holding companies. It derives a majority of its revenue from the EMEA segment, which includes Europe, Turkiye, Israel, Egypt, the United Arab Emirates, Saudi Arabia and Africa.
80GF Score
Get the complete analysis for CHIX:IMCDA
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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