Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Mashreqbank PSCDFM:MASQ +1.57%68 Forward Rate of Return (Yacktman) % is 39.51% as of Mar. 2026, which is 67% above its 10-year median of 23.63. GuruFocus rates DFM:MASQ with a GF Score™ of 68/100 and a GF Value™ of د.إ230.67 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,411 Banks companies, Mashreqbank PSC ranks better than 83.56% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Mashreqbank PSC's forward rate of return for was 39.51%.
The historical rank and industry rank for Mashreqbank PSC's Forward Rate of Return (Yacktman) % or its related term are showing as below:
DFM:MASQ'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 3.21 Med: 23.63 Max: 41.93
Current: 35.53
During the past 13 years, Mashreqbank PSC's highest Forward Rate of Return was 41.93. The lowest was 3.21. And the median was 23.63.
DFM:MASQ's Forward Rate of Return (Yacktman) % is ranked better than 83.56% of 1411
companies
in the Banks industry
Industry Median: 15.4
vs DFM:MASQ: 35.53
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.
Mashreqbank PSC (DFM:MASQ) 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.
Mashreqbank PSC Forward Rate of Return (Yacktman) % Related Terms
Mashreqbank PSC Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Mashreqbank PSC'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.
Mashreqbank PSC Forward Rate of Return (Yacktman) % Chart
Mashreqbank PSC Forward Rate of Return (Yacktman) % Competitor Comparison
For the Banks - Regional subindustry, Mashreqbank PSC'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.
Mashreqbank PSC Forward Rate of Return (Yacktman) % vs Banks Industry
For the Banks industry and Financial Services sector, Mashreqbank PSC's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Mashreqbank PSC's Forward Rate of Return (Yacktman) % falls into.
Mashreqbank PSC 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 39.51% mean?
Mashreqbank PSC (DFM:MASQ) has a Forward Rate of Return (Yacktman) % of 39.51% 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 Mashreqbank PSC and its competitors. This is 67% above median its historical median of 23.63. Over the past decade, Mashreqbank PSC's Forward Rate of Return (Yacktman) % has ranged from 3.21 to 41.93. According to the industry distribution chart, Mashreqbank PSC ranks #232 out of 1411 companies in the Banks industry, placing it in the top 16.4%.
Is Mashreqbank PSC's Forward Rate of Return (Yacktman) % too high?
Mashreqbank PSC's current Forward Rate of Return (Yacktman) % of 39.51% is 67% above median its 10-year median of 23.63. Over the past 10 years, this metric has ranged from a low of 3.21 to a high of 41.93. The Banks industry median Forward Rate of Return (Yacktman) % is 15.40. Mashreqbank PSC's value of 39.51% is 156.6% above this industry median. Based on the distribution chart, Mashreqbank PSC ranks #232 out of 1411 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Mashreqbank PSC has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mashreqbank PSC's Forward Rate of Return (Yacktman) % compare to competitors?
According to the Banks industry distribution chart, Mashreqbank PSC ranks #232 out of 1411 companies for Forward Rate of Return (Yacktman) %. This places Mashreqbank PSC in the top 16% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 15.40. Mashreqbank PSC's value of 39.51% is 156.6% above this benchmark. Historically, Mashreqbank PSC's own Forward Rate of Return (Yacktman) % has ranged from 3.21 to 41.93 over the past decade. While the company's 10-year median is 23.63 vs. the industry median of 15.40, Mashreqbank PSC 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 Banks company?
The median Forward Rate of Return (Yacktman) % among Banks companies is 15.40, based on 1,411 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. Mashreqbank PSC's current Forward Rate of Return (Yacktman) % of 39.51% is 156.6% 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 Mashreqbank PSC and its competitors. For the Banks industry, the median Forward Rate of Return (Yacktman) % is 15.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mashreqbank PSC's current Forward Rate of Return (Yacktman) % is 39.51%, which is 67% above median its own 10-year median of 23.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mashreqbank PSC stock overvalued right now?
Based on GuruFocus' analysis, Mashreqbank PSC (DFM:MASQ) is currently considered Modestly Overvalued. The stock's GF Value™ is د.إ230.67, compared to a current price of د.إ258.00 — trading 11.8% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 39.51%, which is 67% above median its 10-year median of 23.63 and 156.6% above the Banks industry median of 15.40. Mashreqbank PSC's overall GF Score™ is 68/100 with 8 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 Mashreqbank PSC (DFM:MASQ), the current Forward Rate of Return (Yacktman) % is 39.51% 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 Mashreqbank PSC (DFM:MASQ) Overvalued in 2026?
Based on GuruFocus' analysis, Mashreqbank PSC stock appears to be overvalued.
The current stock price of د.إ258.00 is trading 11.8% above its estimated GF Value™ of د.إ230.67.
GuruFocus considers Mashreqbank PSC to be Modestly Overvalued.
Key valuation signals for DFM:MASQ:
Forward Rate of Return (Yacktman) %: 39.51% (67% above median its 10-year median of 23.63)
GF Value™: د.إ230.67 vs. price of د.إ258.00 (11.8% above fair value)
Industry Position: 156.6% above the Banks median (#232 of 1411)
No single metric tells the full story. See the DFM:MASQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mashreqbank PSC is a banking corporation that provides banking and financial services to customers and businesses. The banking firm serves in domestic markets as well as abroad, mainly with its commercial and retail banking services such as trade finance, project finance, savings and current accounts, fixed deposits, and Mashreq millionaire deposits. The business segments are Wholesale, Retail, Treasury and capital markets, Insurance, and other. The bank's entities include Mashreq Capital, Sukoon Insurance, and Mashreq's fintech and digital innovation platform focused on developing next-generation financial solutions. The group's activities are carried out through its branches in the UAE, Bahrain, Kuwait, Egypt, Hong Kong, India, Pakistan, Qatar, the UK, and the USA.
68GF Score
Get the complete analysis for DFM:MASQ
Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DFM:MASQ has been successfully added to your 
