CTPVF (CTP NV) Forward Rate of Return (Yacktman) %: 12.11% (As of Jun. 2026) — 47% Below 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.

CTPVF CTP NV CTPVF
83 GF Score
Price $16.33
GF Value $21.72
! 7 Warning Signs
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What is CTP NV Forward Rate of Return (Yacktman) %?

CTP NV CTPVF -24.68% 83 Forward Rate of Return (Yacktman) % is 12.11% as of Jun. 2026, which is 47% below its 10-year median of 22.88. GuruFocus rates CTPVF with a GF Score™ of 83/100 and a GF Value™ of $21.72. The stock has 7 warning signs investors should review. Among 1,311 Real Estate companies, CTP NV ranks better than 60.64% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. CTP NV's forward rate of return for was 12.11%.

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

CTPVF' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 11.9   Med: 22.88   Max: 23.97
Current: 12.52

During the past 8 years, CTP NV's highest Forward Rate of Return was 23.97. The lowest was 11.90. And the median was 22.88.

CTPVF's Forward Rate of Return (Yacktman) % is ranked better than
60.64% of 1311 companies
in the Real Estate industry
Industry Median: 6.51 vs CTPVF: 12.52

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.


CTP NV  (OTCPK:CTPVF) 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.


CTP NV Forward Rate of Return (Yacktman) % Related Terms


CTP NV Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for CTP 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.

CTP NV Forward Rate of Return (Yacktman) % Chart

CTP NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 23.16

CTP NV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 23.01 22.91 23.16 19.87 12.11

CTP NV Forward Rate of Return (Yacktman) % Competitor Comparison

For the Real Estate - Development subindustry, CTP 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.


CTP NV Forward Rate of Return (Yacktman) % vs Real Estate Industry

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

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


CTPVF
83GF Score
CTP NV CTPVF
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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CTP 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).

CTP NV's Forward Rate of Return of Jun. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.63371429/16.325+0.082
=12.08 %

* 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 12.11% mean?
CTP NV (CTPVF) has a Forward Rate of Return (Yacktman) % of 12.11% 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 CTP NV and its competitors. This is 47% below median its historical median of 22.88. Over the past decade, CTP NV's Forward Rate of Return (Yacktman) % has ranged from 11.90 to 23.97. According to the industry distribution chart, CTP NV ranks #516 out of 1311 companies in the Real Estate industry, placing it in the top 39.4%.
Is CTP NV's Forward Rate of Return (Yacktman) % too high?
CTP NV's current Forward Rate of Return (Yacktman) % of 12.11% is 47% below median its 10-year median of 22.88. Over the past 10 years, this metric has ranged from a low of 11.90 to a high of 23.97. The Real Estate industry median Forward Rate of Return (Yacktman) % is 6.51. CTP NV's value of 12.11% is 86% above this industry median. Based on the distribution chart, CTP NV ranks #516 out of 1311 companies in the Real Estate industry, which is above the industry midpoint. Overall, CTP NV has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does CTP NV's Forward Rate of Return (Yacktman) % compare to competitors?
According to the Real Estate industry distribution chart, CTP NV ranks #516 out of 1311 companies for Forward Rate of Return (Yacktman) %. This puts CTP NV in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 6.51. CTP NV's value of 12.11% is 86% above this benchmark. Historically, CTP NV's own Forward Rate of Return (Yacktman) % has ranged from 11.90 to 23.97 over the past decade. While the company's 10-year median is 22.88 vs. the industry median of 6.51, CTP 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 Real Estate company?
The median Forward Rate of Return (Yacktman) % among Real Estate companies is 6.51, based on 1,311 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. CTP NV's current Forward Rate of Return (Yacktman) % of 12.11% is 86% 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 CTP NV and its competitors. For the Real Estate industry, the median Forward Rate of Return (Yacktman) % is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CTP NV's current Forward Rate of Return (Yacktman) % is 12.11%, which is 47% below median its own 10-year median of 22.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTP NV stock overvalued right now?
CTP NV (CTPVF) has a current Forward Rate of Return (Yacktman) % of 12.11%. The stock's GF Value™ is $21.72, compared to a current price of $16.33 — trading 24.8% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 12.11%, which is 47% below median its 10-year median of 22.88 and 86% above the Real Estate industry median of 6.51. CTP NV's overall GF Score™ is 83/100 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 CTP NV (CTPVF), the current Forward Rate of Return (Yacktman) % is 12.11% 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 CTP NV (CTPVF) Overvalued in 2026?

Based on GuruFocus' analysis, CTP NV stock appears to be undervalued. The current stock price of $16.33 is trading 24.8% below its estimated GF Value™ of $21.72.

Key valuation signals for CTPVF:

  • Forward Rate of Return (Yacktman) %: 12.11% (47% below median its 10-year median of 22.88)
  • GF Value™: $21.72 vs. price of $16.33 (24.8% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 86% above the Real Estate median (#516 of 1311)

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


CTP NV Business Description

Address Apollolaan 151, Amsterdam, NH, NLD, 1077
CTP NV is the full-service commercial real estate developer managing and delivering custom-built, high-tech business parks throughout Central and Eastern Europe, the Netherlands, Austria and Germany A vast majority of its revenue is earned through rental income. The Group reports operating segments based on geographical segmentation: the Czech Republic, Romania, Hungary, Slovakia, the Netherlands, Germany, Poland, and other markets.
83GF Score

Get the complete analysis for CTPVF

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

$16.33
Price
$21.72
GF Value