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Skandinaviska Enskilda Banken ABCHIX:SEBAS +1.09%66 Forward Rate of Return (Yacktman) % is 11.76% as of Jun. 2026, which is 35% below its 10-year median of 18.04. GuruFocus rates CHIX:SEBAS with a GF Score™ of 66/100 and a GF Value™ of kr157.58 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,418 Banks companies, Skandinaviska Enskilda Banken AB ranks worse than 69.46% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Skandinaviska Enskilda Banken AB's forward rate of return for was 11.76%.
The historical rank and industry rank for Skandinaviska Enskilda Banken AB's Forward Rate of Return (Yacktman) % or its related term are showing as below:
CHIX:SEBAs'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -19.51 Med: 18.04 Max: 62.01
Current: 11.09
During the past 13 years, Skandinaviska Enskilda Banken AB's highest Forward Rate of Return was 62.01. The lowest was -19.51. And the median was 18.04.
CHIX:SEBAs's Forward Rate of Return (Yacktman) % is ranked worse than 69.46% of 1418
companies
in the Banks industry
Industry Median: 15.55
vs CHIX:SEBAs: 11.09
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.
Skandinaviska Enskilda Banken AB (CHIX:SEBAs) 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.
Skandinaviska Enskilda Banken AB Forward Rate of Return (Yacktman) % Related Terms
Skandinaviska Enskilda Banken AB Forward Rate of Return (Yacktman) % Historical Data
* 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.
Skandinaviska Enskilda Banken AB Forward Rate of Return (Yacktman) % Chart
CHIX:SEBAS vs PNC, USB: Forward Rate of Return (Yacktman) % Comparison
For the Banks - Regional subindustry, Skandinaviska Enskilda Banken 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.
Skandinaviska Enskilda Banken AB Forward Rate of Return (Yacktman) % vs Banks Industry
For the Banks industry and Financial Services sector, Skandinaviska Enskilda Banken AB's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Skandinaviska Enskilda Banken AB's Forward Rate of Return (Yacktman) % falls into.
Skandinaviska Enskilda Banken 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).
* 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 11.76% mean?
Skandinaviska Enskilda Banken AB (CHIX:SEBAS) has a Forward Rate of Return (Yacktman) % of 11.76% 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 Skandinaviska Enskilda Banken AB and its competitors. This is 35% below median its historical median of 18.04. According to the industry distribution chart, Skandinaviska Enskilda Banken AB ranks #985 out of 1418 companies in the Banks industry, placing it in the top 69.5%.
Is Skandinaviska Enskilda Banken AB's Forward Rate of Return (Yacktman) % too high?
Skandinaviska Enskilda Banken AB's current Forward Rate of Return (Yacktman) % of 11.76% is 35% below median its 10-year median of 18.04. The Banks industry median Forward Rate of Return (Yacktman) % is 15.55. Skandinaviska Enskilda Banken AB's value of 11.76% is 24.4% below this industry median. Based on the distribution chart, Skandinaviska Enskilda Banken AB ranks #985 out of 1418 companies in the Banks industry, which is below the industry midpoint. Overall, Skandinaviska Enskilda Banken AB has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Skandinaviska Enskilda Banken AB's Forward Rate of Return (Yacktman) % compare to PNC and USB?
According to the Banks industry distribution chart, Skandinaviska Enskilda Banken AB ranks #985 out of 1418 companies for Forward Rate of Return (Yacktman) %. This places Skandinaviska Enskilda Banken AB in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 15.55. Skandinaviska Enskilda Banken AB's value of 11.76% is 24.4% below this benchmark. While the company's 10-year median is 18.04 vs. the industry median of 15.55, Skandinaviska Enskilda Banken AB 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 Banks company?
The median Forward Rate of Return (Yacktman) % among Banks companies is 15.55, based on 1,418 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. Skandinaviska Enskilda Banken AB's current Forward Rate of Return (Yacktman) % of 11.76% is 24.4% 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 Skandinaviska Enskilda Banken AB and its competitors. For the Banks industry, the median Forward Rate of Return (Yacktman) % is 15.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skandinaviska Enskilda Banken AB's current Forward Rate of Return (Yacktman) % is 11.76%, which is 35% below median its own 10-year median of 18.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skandinaviska Enskilda Banken AB stock overvalued right now?
Based on GuruFocus' analysis, Skandinaviska Enskilda Banken AB (CHIX:SEBAS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr157.58, compared to a current price of kr222.45 — trading 41.2% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 11.76%, which is 35% below median its 10-year median of 18.04 and 24.4% below the Banks industry median of 15.55. Skandinaviska Enskilda Banken AB's overall GF Score™ is 66/100 with 7 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 Skandinaviska Enskilda Banken AB (CHIX:SEBAS), the current Forward Rate of Return (Yacktman) % is 11.76% 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 Skandinaviska Enskilda Banken AB (CHIX:SEBAS) Overvalued in 2026?
Based on GuruFocus' analysis, Skandinaviska Enskilda Banken AB stock appears to be overvalued.
The current stock price of kr222.45 is trading 41.2% above its estimated GF Value™ of kr157.58.
GuruFocus considers Skandinaviska Enskilda Banken AB to be Significantly Overvalued.
Key valuation signals for CHIX:SEBAS:
Forward Rate of Return (Yacktman) %: 11.76% (35% below median its 10-year median of 18.04)
GF Value™: kr157.58 vs. price of kr222.45 (41.2% above fair value)
Industry Position: 24.4% below the Banks median (#985 of 1418)
No single metric tells the full story. See the CHIX:SEBAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Skandinaviska Enskilda Banken is a Swedish universal bank with a strong focus on the corporate lending sector. The bank operates in the Nordics, the Baltics, Germany, and the United Kingdom but derives the majority of its operating profits from Sweden. SEB specializes in corporate lending, particularly to large corporations. Additionally, it serves large midcorporate and multinational companies, financial institutions, and small and medium-size enterprises. It also serves about 4 million private customers in Sweden and the Baltics. The bank offers asset management, life insurance, and private banking services to its clients.
66GF Score
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