LEG Immobilien SE (CHIX:LEGD) Forward Rate of Return (Yacktman) %: 0.00% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

CHIX:LEGD LEG Immobilien SE CHIX:LEGD
63 GF Score
Price €52.68
GF Value €72.85
Valuation Modestly Undervalued
! 5 Warning Signs
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What is LEG Immobilien SE Forward Rate of Return (Yacktman) %?

LEG Immobilien SE CHIX:LEGD 63 Forward Rate of Return (Yacktman) % is 0.00% as of Mar. 2026. GuruFocus rates CHIX:LEGD with a GF Score™ of 63/100 and a GF Value™ of €72.85 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,306 Real Estate companies, LEG Immobilien SE ranks better than 60.72% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. LEG Immobilien SE's forward rate of return for was 0.00%.

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

CHIX:LEGd' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 3.41   Med: 22.38   Max: 24.14
Current: 12.95

During the past 13 years, LEG Immobilien SE's highest Forward Rate of Return was 24.14. The lowest was 3.41. And the median was 22.38.

CHIX:LEGd's Forward Rate of Return (Yacktman) % is ranked better than
60.72% of 1306 companies
in the Real Estate industry
Industry Median: 6.745 vs CHIX:LEGd: 12.95

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.


LEG Immobilien SE  (CHIX:LEGd) 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.


LEG Immobilien SE Forward Rate of Return (Yacktman) % Related Terms


LEG Immobilien SE Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for LEG Immobilien SE'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.

LEG Immobilien SE Forward Rate of Return (Yacktman) % Chart

LEG Immobilien SE 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 14.33 15.30 0.00 0.00 0.00

LEG Immobilien SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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

CHIX:LEGD vs CBRE, BEKE, JLL: Forward Rate of Return (Yacktman) % Comparison

For the Real Estate Services subindustry, LEG Immobilien SE'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.


LEG Immobilien SE Forward Rate of Return (Yacktman) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, LEG Immobilien SE's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


CHIX:LEGD
63GF Score
LEG Immobilien SE CHIX:LEGD
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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LEG Immobilien SE 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).

LEG Immobilien SE's Forward Rate of Return of Mar. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=4.152/52.555946+0.049
=12.80 %

* 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?
LEG Immobilien SE (CHIX:LEGD) 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 LEG Immobilien SE and its competitors. Over the past decade, LEG Immobilien SE's Forward Rate of Return (Yacktman) % has ranged from 3.41 to 24.14. According to the industry distribution chart, LEG Immobilien SE ranks #513 out of 1306 companies in the Real Estate industry, placing it in the top 39.3%.
Is LEG Immobilien SE's Forward Rate of Return (Yacktman) % too high?
LEG Immobilien SE's current Forward Rate of Return (Yacktman) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 3.41 to a high of 24.14. Based on the distribution chart, LEG Immobilien SE ranks #513 out of 1306 companies in the Real Estate industry, which is above the industry midpoint. Overall, LEG Immobilien SE has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LEG Immobilien SE's Forward Rate of Return (Yacktman) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, LEG Immobilien SE ranks #513 out of 1306 companies for Forward Rate of Return (Yacktman) %. This puts LEG Immobilien SE in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 6.75. Historically, LEG Immobilien SE's own Forward Rate of Return (Yacktman) % has ranged from 3.41 to 24.14 over the past decade. 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 Real Estate company?
The median Forward Rate of Return (Yacktman) % among Real Estate companies is 6.75, based on 1,306 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 LEG Immobilien SE and its competitors. For the Real Estate industry, the median Forward Rate of Return (Yacktman) % is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LEG Immobilien SE'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 LEG Immobilien SE stock overvalued right now?
Based on GuruFocus' analysis, LEG Immobilien SE (CHIX:LEGD) is currently considered Modestly Undervalued. The stock's GF Value™ is €72.85, compared to a current price of €52.68 — trading 27.7% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 0.00%. LEG Immobilien SE's overall GF Score™ is 63/100 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 LEG Immobilien SE (CHIX:LEGD), 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 LEG Immobilien SE (CHIX:LEGD) Overvalued in 2026?

Based on GuruFocus' analysis, LEG Immobilien SE stock appears to be undervalued. The current stock price of €52.68 is trading 27.7% below its estimated GF Value™ of €72.85. GuruFocus considers LEG Immobilien SE to be Modestly Undervalued.

Key valuation signals for CHIX:LEGD:

  • Forward Rate of Return (Yacktman) %: 0.00%
  • GF Value™: €72.85 vs. price of €52.68 (27.7% below fair value)
  • GF Score™: 63/100 with 5 warning signs

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


LEG Immobilien SE Business Description

Address Flughafenstrasse 99, Dusseldorf, NW, DEU, 40474
LEG Immobilien SE is a property company that manages its own residential portfolio. The company's property portfolio includes residential units, commercial units and garages and parking spaces. It divides the portfolio into three overarching clusters: high-growth, stable, and higher yielding markets. The company holds properties in North Rhine-Westphalia, Bremen, Schleswig-Holstein, Hesse, and Rhineland-Palatinate.
63GF Score

Get the complete analysis for CHIX:LEGD

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

€52.68
Price
€72.85
GF Value