DFDV (DeFi Development) 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.

DFDV DeFi Development Corp DFDV
68 GF Score
Price $2.88
GF Value $3.14
Valuation Fairly Valued
! 6 Warning Signs
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What is DeFi Development Forward Rate of Return (Yacktman) %?

DeFi Development DFDV +6.64% 68 Forward Rate of Return (Yacktman) % is 0.00% as of Mar. 2026. GuruFocus rates DFDV with a GF Score™ of 68/100 and a GF Value™ of $3.14 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,163 Asset Management companies, DeFi Development ranks worse than 85984.44% on this metric.

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

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

DFDV's Forward Rate of Return (Yacktman) % is not ranked *
in the Asset Management industry.
Industry Median: 4.51
* Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.

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.


DeFi Development  (NAS:DFDV) 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.


DeFi Development Forward Rate of Return (Yacktman) % Related Terms


DeFi Development Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for DeFi Development'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.

DeFi Development Forward Rate of Return (Yacktman) % Chart

DeFi Development Annual Data
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DeFi Development Quarterly Data
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DFDV vs VGI, DTF, PFX: Forward Rate of Return (Yacktman) % Comparison

For the Asset Management subindustry, DeFi Development'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.


DeFi Development Forward Rate of Return (Yacktman) % vs Asset Management Industry

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

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


DFDV
68GF Score
DeFi Development Corp DFDV
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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DeFi Development 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).

DeFi Development's Forward Rate of Return of Mar. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0/3.29+0
=0.00 %

* 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?
DeFi Development (DFDV) 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 DeFi Development and its competitors. According to the industry distribution chart, DeFi Development ranks #999999 out of 1163 companies in the Asset Management industry.
Is DeFi Development's Forward Rate of Return (Yacktman) % too high?
DeFi Development's current Forward Rate of Return (Yacktman) % is 0.00%. Based on the distribution chart, DeFi Development ranks #999999 out of 1163 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, DeFi Development has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DeFi Development's Forward Rate of Return (Yacktman) % compare to VGI and DTF?
According to the Asset Management industry distribution chart, DeFi Development ranks #999999 out of 1163 companies for Forward Rate of Return (Yacktman) %. This places DeFi Development in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 4.51. 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 4.51, based on 1,163 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 DeFi Development and its competitors. For the Asset Management industry, the median Forward Rate of Return (Yacktman) % is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DeFi Development'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 DeFi Development stock overvalued right now?
Based on GuruFocus' analysis, DeFi Development (DFDV) is currently considered Fairly Valued. The stock's GF Value™ is $3.14, compared to a current price of $2.88 — trading 8.4% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 0.00%. DeFi Development's overall GF Score™ is 68/100 with 6 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 DeFi Development (DFDV), 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 DeFi Development (DFDV) Overvalued in 2026?

Based on GuruFocus' analysis, DeFi Development stock appears to be undervalued. The current stock price of $2.88 is trading 8.4% below its estimated GF Value™ of $3.14. GuruFocus considers DeFi Development to be Fairly Valued.

Key valuation signals for DFDV:

  • Forward Rate of Return (Yacktman) %: 0.00%
  • GF Value™: $3.14 vs. price of $2.88 (8.4% below fair value)
  • GF Score™: 68/100 with 6 warning signs

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


DeFi Development Business Description

Other Exchanges F6S0:Germany
Address 6401 Congress Avenue, Suite 250, Boca Raton, FL, USA, 33487
DeFi Development Corp is a U.S. company committed to building its treasury around Solana (SOL), a fast-growing blockchain infrastructure platform. This equity delivers shareholders tangible exposure to SOL price movement and staking rewards, making the firm a proxy for the Solana ecosystem. The treasury extends to running its own validator infrastructure, allowing DFDV to actively participate in and benefit from the Solana network expansion. The firm has two segments: Digital Asset Treasury ("Treasury") and Real Estate Platform ("Real Estate"). The company generates the majority of its revenue from the Treasury segment.
68GF Score

Get the complete analysis for DFDV

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

$2.88
Price
$3.14
GF Value