CLSPF (Canadian Life Split) Forward Rate of Return (Yacktman) %: 28.39% (As of Nov. 2025) — Near Median

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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.

CLSPF Canadian Life Companies Split Corp CLSPF
55 GF Score
Price $6.78
GF Value $4.61
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Canadian Life Split Forward Rate of Return (Yacktman) %?

Canadian Life Split CLSPF 55 Forward Rate of Return (Yacktman) % is 28.39% as of Nov. 2025, which is 8% above its 10-year median of 26.22. GuruFocus rates CLSPF with a GF Score™ of 55/100 and a GF Value™ of $4.61 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,170 Asset Management companies, Canadian Life Split ranks better than 94.1% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Canadian Life Split's forward rate of return for was 28.39%.

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

CLSPF' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -14.12   Med: 26.22   Max: 51.88
Current: 25.91

During the past 13 years, Canadian Life Split's highest Forward Rate of Return was 51.88. The lowest was -14.12. And the median was 26.22.

CLSPF's Forward Rate of Return (Yacktman) % is ranked better than
94.1% of 1170 companies
in the Asset Management industry
Industry Median: 4.52 vs CLSPF: 25.91

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.


Canadian Life Split  (OTCPK:CLSPF) 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.


Canadian Life Split Forward Rate of Return (Yacktman) % Related Terms


Canadian Life Split Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Canadian Life Split'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.

Canadian Life Split Forward Rate of Return (Yacktman) % Chart

Canadian Life Split Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.77 37.91 30.91 33.40 28.39

Canadian Life Split Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 33.40 0.00 28.39 0.00

CLSPF vs BLK, BX, KKR: Forward Rate of Return (Yacktman) % Comparison

For the Asset Management subindustry, Canadian Life Split'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.


Canadian Life Split Forward Rate of Return (Yacktman) % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Canadian Life Split's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Canadian Life Split's Forward Rate of Return (Yacktman) % falls into.


CLSPF
55GF Score
Canadian Life Companies Split Corp CLSPF
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canadian Life Split 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).

Canadian Life Split's Forward Rate of Return of Nov. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year Book Value Growth Rate
=0.44216667/4.825+0.2
=29.16 %

* 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 28.39% mean?
Canadian Life Split (CLSPF) has a Forward Rate of Return (Yacktman) % of 28.39% as of Nov. 2025. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Canadian Life Split and its competitors. This is near median its historical median of 26.22. According to the industry distribution chart, Canadian Life Split ranks #69 out of 1170 companies in the Asset Management industry, placing it in the top 5.9%.
Is Canadian Life Split's Forward Rate of Return (Yacktman) % too high?
Canadian Life Split's current Forward Rate of Return (Yacktman) % of 28.39% is near median its 10-year median of 26.22. The Asset Management industry median Forward Rate of Return (Yacktman) % is 4.52. Canadian Life Split's value of 28.39% is 528.1% above this industry median. Based on the distribution chart, Canadian Life Split ranks #69 out of 1170 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Canadian Life Split has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Life Split's Forward Rate of Return (Yacktman) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Canadian Life Split ranks #69 out of 1170 companies for Forward Rate of Return (Yacktman) %. This places Canadian Life Split in the top 6% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 4.52. Canadian Life Split's value of 28.39% is 528.1% above this benchmark. While the company's 10-year median is 26.22 vs. the industry median of 4.52, Canadian Life Split 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 an Asset Management company?
The median Forward Rate of Return (Yacktman) % among Asset Management companies is 4.52, based on 1,170 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. Canadian Life Split's current Forward Rate of Return (Yacktman) % of 28.39% is 528.1% 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 Canadian Life Split and its competitors. For the Asset Management industry, the median Forward Rate of Return (Yacktman) % is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Life Split's current Forward Rate of Return (Yacktman) % is 28.39%, which is near median its own 10-year median of 26.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Life Split stock overvalued right now?
Based on GuruFocus' analysis, Canadian Life Split (CLSPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.61, compared to a current price of $6.78 — trading 47.1% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 28.39%, which is near median its 10-year median of 26.22 and 528.1% above the Asset Management industry median of 4.52. Canadian Life Split's overall GF Score™ is 55/100 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 Canadian Life Split (CLSPF), the current Forward Rate of Return (Yacktman) % is 28.39% as of Nov. 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 Canadian Life Split (CLSPF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Life Split stock appears to be overvalued. The current stock price of $6.78 is trading 47.1% above its estimated GF Value™ of $4.61. GuruFocus considers Canadian Life Split to be Significantly Overvalued.

Key valuation signals for CLSPF:

  • Forward Rate of Return (Yacktman) %: 28.39% (near median its 10-year median of 26.22)
  • GF Value™: $4.61 vs. price of $6.78 (47.1% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 528.1% above the Asset Management median (#69 of 1170)

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


Canadian Life Split Business Description

Address 200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
Canadian Life Companies Split Corp is a mutual fund corporation established in Canada. It invests predominantly in an actively managed portfolio of common shares comprised mainly of four core large capitalization canadian life insurance companies. The company also employs an active covered call writing program to enhance the income earned from the portfolio.
55GF Score

Get the complete analysis for CLSPF

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

$6.78
Price
$4.61
GF Value