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.
Epiroc ABEPIPF 98 Forward Rate of Return (Yacktman) % is 11.15% as of Jun. 2026, which is 22% below its 10-year median of 14.32. GuruFocus rates EPIPF with a GF Score™ of 98/100 and a GF Value™ of $17.24. The stock has 3 warning signs investors should review. Among 170 Farm & Heavy Construction Machinery companies, Epiroc AB ranks better than 52.35% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Epiroc AB's forward rate of return for was 11.15%.
The historical rank and industry rank for Epiroc AB's Forward Rate of Return (Yacktman) % or its related term are showing as below:
EPIPF'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 10 Med: 14.32 Max: 18.15
Current: 11.43
During the past 11 years, Epiroc AB's highest Forward Rate of Return was 18.15. The lowest was 10.00. And the median was 14.32.
EPIPF's Forward Rate of Return (Yacktman) % is ranked better than 52.35% of 170
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 10.6
vs EPIPF: 11.43
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.
Epiroc AB (OTCPK:EPIPF) 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.
Epiroc AB Forward Rate of Return (Yacktman) % Related Terms
Epiroc AB Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Epiroc AB'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.
Epiroc AB Forward Rate of Return (Yacktman) % Chart
EPIPF vs CAT, DE, PCAR: Forward Rate of Return (Yacktman) % Comparison
For the Farm & Heavy Construction Machinery subindustry, Epiroc AB'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.
Epiroc AB Forward Rate of Return (Yacktman) % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Epiroc AB's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Epiroc AB's Forward Rate of Return (Yacktman) % falls into.
Epiroc AB 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).
Epiroc AB's Forward Rate of Return of Jun. 2026 is
Forward Rate of Return
=
Normalized Free Cash Flow
/
Price
+
5-Year EBITDA Growth Rate
=
0.5592381
/
19.15
+
0.0666
=
9.58 %
* 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 11.15% mean?
Epiroc AB (EPIPF) has a Forward Rate of Return (Yacktman) % of 11.15% 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 Epiroc AB and its competitors. This is 22% below median its historical median of 14.32. Over the past decade, Epiroc AB's Forward Rate of Return (Yacktman) % has ranged from 10.00 to 18.15. According to the industry distribution chart, Epiroc AB ranks #81 out of 170 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 47.6%.
Is Epiroc AB's Forward Rate of Return (Yacktman) % too high?
Epiroc AB's current Forward Rate of Return (Yacktman) % of 11.15% is 22% below median its 10-year median of 14.32. Over the past 10 years, this metric has ranged from a low of 10.00 to a high of 18.15. The Farm & Heavy Construction Machinery industry median Forward Rate of Return (Yacktman) % is 10.60. Epiroc AB's value of 11.15% is 5.2% above this industry median. Based on the distribution chart, Epiroc AB ranks #81 out of 170 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Epiroc AB has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Epiroc AB's Forward Rate of Return (Yacktman) % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Epiroc AB ranks #81 out of 170 companies for Forward Rate of Return (Yacktman) %. This puts Epiroc AB in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 10.60. Epiroc AB's value of 11.15% is 5.2% above this benchmark. Historically, Epiroc AB's own Forward Rate of Return (Yacktman) % has ranged from 10.00 to 18.15 over the past decade. While the company's 10-year median is 14.32 vs. the industry median of 10.60, Epiroc AB 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 Farm & Heavy Construction Machinery company?
The median Forward Rate of Return (Yacktman) % among Farm & Heavy Construction Machinery companies is 10.60, based on 170 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. Epiroc AB's current Forward Rate of Return (Yacktman) % of 11.15% is 5.2% 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 Epiroc AB and its competitors. For the Farm & Heavy Construction Machinery industry, the median Forward Rate of Return (Yacktman) % is 10.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Epiroc AB's current Forward Rate of Return (Yacktman) % is 11.15%, which is 22% below median its own 10-year median of 14.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Epiroc AB stock overvalued right now?
Epiroc AB (EPIPF) has a current Forward Rate of Return (Yacktman) % of 11.15%. The stock's GF Value™ is $17.24, compared to a current price of $19.15 — trading 11.1% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 11.15%, which is 22% below median its 10-year median of 14.32 and 5.2% above the Farm & Heavy Construction Machinery industry median of 10.60. Epiroc AB's overall GF Score™ is 98/100 with 3 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 Epiroc AB (EPIPF), the current Forward Rate of Return (Yacktman) % is 11.15% 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 Epiroc AB (EPIPF) Overvalued in 2026?
Based on GuruFocus' analysis, Epiroc AB stock appears to be overvalued.
The current stock price of $19.15 is trading 11.1% above its estimated GF Value™ of $17.24.
Key valuation signals for EPIPF:
Forward Rate of Return (Yacktman) %: 11.15% (22% below median its 10-year median of 14.32)
GF Value™: $17.24 vs. price of $19.15 (11.1% above fair value)
Industry Position: 5.2% above the Farm & Heavy Construction Machinery median (#81 of 170)
No single metric tells the full story. See the EPIPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Epiroc is a global manufacturer of niche equipment and services used by mining and infrastructure customers. The company's products include hard rock drilling equipment and excavation technologies for underground and surface mining, as well as servicing and spare parts. Approximately 69% of group sales are from the aftermarket, which includes services and the sale of spare parts and consumables. Epiroc was spun out of Atlas Copco and listed as a stand-alone company on Nasdaq Stockholm in 2018.
98GF Score
Get the complete analysis for EPIPF
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
EPIPF has been successfully added to your 
