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Capital PowerCPXWF 82 Forward Rate of Return (Yacktman) % is 2.91% as of Jun. 2026, which is 77% below its 10-year median of 12.77. GuruFocus rates CPXWF with a GF Score™ of 82/100 and a GF Value™ of $35.10 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 263 Utilities - Independent Power Producers companies, Capital Power ranks worse than 57.79% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Capital Power's forward rate of return for was 2.91%.
The historical rank and industry rank for Capital Power's Forward Rate of Return (Yacktman) % or its related term are showing as below:
CPXWF'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -10.87 Med: 12.77 Max: 21.02
Current: 3.1
During the past 13 years, Capital Power's highest Forward Rate of Return was 21.02. The lowest was -10.87. And the median was 12.77.
CPXWF's Forward Rate of Return (Yacktman) % is ranked worse than 57.79% of 263
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.07
vs CPXWF: 3.10
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.
Capital Power (OTCPK:CPXWF) 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.
Capital Power Forward Rate of Return (Yacktman) % Related Terms
Capital Power Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Capital Power'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.
Capital Power Forward Rate of Return (Yacktman) % Chart
CPXWF vs CEG, VST, NRG: Forward Rate of Return (Yacktman) % Comparison
For the Utilities - Independent Power Producers subindustry, Capital Power'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.
Capital Power Forward Rate of Return (Yacktman) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Capital Power's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Capital Power's Forward Rate of Return (Yacktman) % falls into.
Capital Power 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).
Capital Power's Forward Rate of Return of Jun. 2026 is
Forward Rate of Return
=
Normalized Free Cash Flow
/
Price
+
5-Year EBITDA Growth Rate
=
0.824
/
52.314
+
-0.01
=
0.58 %
* 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 2.91% mean?
Capital Power (CPXWF) has a Forward Rate of Return (Yacktman) % of 2.91% 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 Capital Power and its competitors. This is 77% below median its historical median of 12.77. According to the industry distribution chart, Capital Power ranks #152 out of 263 companies in the Utilities - Independent Power Producers industry, placing it in the top 57.8%.
Is Capital Power's Forward Rate of Return (Yacktman) % too high?
Capital Power's current Forward Rate of Return (Yacktman) % of 2.91% is 77% below median its 10-year median of 12.77. The Utilities - Independent Power Producers industry median Forward Rate of Return (Yacktman) % is 6.07. Capital Power's value of 2.91% is 52.1% below this industry median. Based on the distribution chart, Capital Power ranks #152 out of 263 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Capital Power has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capital Power's Forward Rate of Return (Yacktman) % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Capital Power ranks #152 out of 263 companies for Forward Rate of Return (Yacktman) %. This places Capital Power in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 6.07. Capital Power's value of 2.91% is 52.1% below this benchmark. While the company's 10-year median is 12.77 vs. the industry median of 6.07, Capital Power 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 an Utilities - Independent Power Producers company?
The median Forward Rate of Return (Yacktman) % among Utilities - Independent Power Producers companies is 6.07, based on 263 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. Capital Power's current Forward Rate of Return (Yacktman) % of 2.91% is 52.1% 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 Capital Power and its competitors. For the Utilities - Independent Power Producers industry, the median Forward Rate of Return (Yacktman) % is 6.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Power's current Forward Rate of Return (Yacktman) % is 2.91%, which is 77% below median its own 10-year median of 12.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Power stock overvalued right now?
Based on GuruFocus' analysis, Capital Power (CPXWF) is currently considered Significantly Overvalued. The stock's GF Value™ is $35.10, compared to a current price of $47.54 — trading 35.4% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 2.91%, which is 77% below median its 10-year median of 12.77 and 52.1% below the Utilities - Independent Power Producers industry median of 6.07. Capital Power's overall GF Score™ is 82/100 with 12 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 Capital Power (CPXWF), the current Forward Rate of Return (Yacktman) % is 2.91% 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 Capital Power (CPXWF) Overvalued in 2026?
Based on GuruFocus' analysis, Capital Power stock appears to be overvalued.
The current stock price of $47.54 is trading 35.4% above its estimated GF Value™ of $35.10.
GuruFocus considers Capital Power to be Significantly Overvalued.
Key valuation signals for CPXWF:
Forward Rate of Return (Yacktman) %: 2.91% (77% below median its 10-year median of 12.77)
GF Value™: $35.10 vs. price of $47.54 (35.4% above fair value)
Industry Position: 52.1% below the Utilities - Independent Power Producers median (#152 of 263)
No single metric tells the full story. See the CPXWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for its electric capacity and cash flow production. The company generates the vast majority of its revenue from sale of electricity and natural gas. The company's customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.
82GF Score
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