DYSL (Dynasil of America) Forward Rate of Return (Yacktman) %: -8.84% (As of Sep. 2019)

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DYSL Dynasil Corp of America DYSL
16 GF Score
Price $1.80
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What is Dynasil of America Forward Rate of Return (Yacktman) %?

Dynasil of America DYSL -0.55% 16 Forward Rate of Return (Yacktman) % is -8.84% as of Sep. 2019. GuruFocus rates DYSL with a GF Score™ of 16/100.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Dynasil of America's forward rate of return for was -8.84%.

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

DYSL's Forward Rate of Return (Yacktman) % is not ranked *
in the Hardware industry.
Industry Median: 4.29
* 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.


Dynasil of America  (OTCPK:DYSL) 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.


Dynasil of America Forward Rate of Return (Yacktman) % Related Terms


Dynasil of America Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Dynasil of America'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.

Dynasil of America Forward Rate of Return (Yacktman) % Chart

Dynasil of America Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2.29 -8.84

Dynasil of America Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 2.29 -8.30 -10.54 -12.45 -8.84

DYSL vs UCLE, MIND, MEEC: Forward Rate of Return (Yacktman) % Comparison

For the Scientific & Technical Instruments subindustry, Dynasil of America'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.


Dynasil of America Forward Rate of Return (Yacktman) % vs Hardware Industry

For the Hardware industry and Technology sector, Dynasil of America's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


DYSL
16GF Score
Dynasil Corp of America DYSL
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dynasil of America 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).

Dynasil of America's Forward Rate of Return of Sep. 2019 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=-0.0087619/0.93+-0.079
=-8.84 %

* 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 -8.84% mean?
Dynasil of America (DYSL) has a Forward Rate of Return (Yacktman) % of -8.84% as of Sep. 2019. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Dynasil of America and its competitors.
Is Dynasil of America's Forward Rate of Return (Yacktman) % too high?
Dynasil of America's current Forward Rate of Return (Yacktman) % is -8.84%. Overall, Dynasil of America has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Dynasil of America's Forward Rate of Return (Yacktman) % compare to UCLE and MIND?
Dynasil of America's Forward Rate of Return (Yacktman) % of -8.84% can be compared against companies in the Hardware industry. The industry median Forward Rate of Return (Yacktman) % is 4.29. 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 Hardware company?
The median Forward Rate of Return (Yacktman) % among Hardware companies is 4.29, based on 1,716 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 Dynasil of America and its competitors. For the Hardware industry, the median Forward Rate of Return (Yacktman) % is 4.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dynasil of America's current Forward Rate of Return (Yacktman) % is -8.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dynasil of America stock overvalued right now?
Dynasil of America (DYSL) has a current Forward Rate of Return (Yacktman) % of -8.84%. The current Forward Rate of Return (Yacktman) % is -8.84%. Dynasil of America's overall GF Score™ is 16/100. 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 Dynasil of America (DYSL), the current Forward Rate of Return (Yacktman) % is -8.84% as of Sep. 2019. 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.

Dynasil of America Business Description

Address 313 Washington Street, Suite 403, Newton, MA, USA, 02458
Dynasil Corp of America is a USA based company. It operates in three segments. The Optics segment, which is the key revenue driver, encompasses Dynasil Fused Silica, Evaporated Metal Films, Hilger Crystals, and Optometrics. It manufactures commercial products, including optical crystals for sensing in the security and medical imaging markets, and optical components, optical coatings and optical materials for scientific instrumentation and other applications. The Innovation and Development segment consists of the Radiation Monitoring Devices. The Biomedical segment consists of Dynasil Biomedical, a medical technology incubator that owns rights to certain early-stage medical technologies.
16GF Score

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

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