FFXDF (Fairfax India Holdings) Forward Rate of Return (Yacktman) %: 2.95% (As of Jun. 2026) — 37% Below Median

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Director of Data and Quant Analytics at GuruFocus
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.
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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.

FFXDF Fairfax India Holdings Corp FFXDF
56 GF Score
Price $18.51
GF Value $25.02
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Fairfax India Holdings Forward Rate of Return (Yacktman) %?

Fairfax India Holdings FFXDF -1.33% 56 Forward Rate of Return (Yacktman) % is 2.95% as of Jun. 2026, which is 37% below its 10-year median of 4.66. GuruFocus rates FFXDF with a GF Score™ of 56/100 and a GF Value™ of $25.02 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,170 Asset Management companies, Fairfax India Holdings ranks worse than 55.81% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Fairfax India Holdings's forward rate of return for was 2.95%.

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

FFXDF' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -53.53   Med: 4.66   Max: 13.15
Current: 2.92

During the past 12 years, Fairfax India Holdings's highest Forward Rate of Return was 13.15. The lowest was -53.53. And the median was 4.66.

FFXDF's Forward Rate of Return (Yacktman) % is ranked worse than
55.81% of 1170 companies
in the Asset Management industry
Industry Median: 4.52 vs FFXDF: 2.92

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.


Fairfax India Holdings  (OTCPK:FFXDF) 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.


Fairfax India Holdings Forward Rate of Return (Yacktman) % Related Terms


Fairfax India Holdings Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Fairfax India Holdings'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.

Fairfax India Holdings Forward Rate of Return (Yacktman) % Chart

Fairfax India Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 10.88 12.94 9.06 4.84

Fairfax India Holdings 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 6.22 4.64 4.84 3.62 2.95

FFXDF vs BLK, BX, KKR: Forward Rate of Return (Yacktman) % Comparison

For the Asset Management subindustry, Fairfax India Holdings'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.


Fairfax India Holdings Forward Rate of Return (Yacktman) % vs Asset Management Industry

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

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


FFXDF
56GF Score
Fairfax India Holdings Corp FFXDF
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fairfax India Holdings 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).

Fairfax India Holdings's Forward Rate of Return of Jun. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year Book Value Growth Rate
=0.19047619/18.23+0.0191
=2.95 %

* 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 2.95% mean?
Fairfax India Holdings (FFXDF) has a Forward Rate of Return (Yacktman) % of 2.95% 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 Fairfax India Holdings and its competitors. This is 37% below median its historical median of 4.66. According to the industry distribution chart, Fairfax India Holdings ranks #653 out of 1170 companies in the Asset Management industry, placing it in the top 55.8%.
Is Fairfax India Holdings' Forward Rate of Return (Yacktman) % too high?
Fairfax India Holdings' current Forward Rate of Return (Yacktman) % of 2.95% is 37% below median its 10-year median of 4.66. The Asset Management industry median Forward Rate of Return (Yacktman) % is 4.52. Fairfax India Holdings' value of 2.95% is 34.7% below this industry median. Based on the distribution chart, Fairfax India Holdings ranks #653 out of 1170 companies in the Asset Management industry, which is below the industry midpoint. Overall, Fairfax India Holdings has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fairfax India Holdings' Forward Rate of Return (Yacktman) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Fairfax India Holdings ranks #653 out of 1170 companies for Forward Rate of Return (Yacktman) %. This places Fairfax India Holdings in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 4.52. Fairfax India Holdings' value of 2.95% is 34.7% below this benchmark. While the company's 10-year median is 4.66 vs. the industry median of 4.52, Fairfax India Holdings has consistently been below 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 an Asset Management company?
The median Forward Rate of Return (Yacktman) % among Asset Management companies is 4.52, based on 1,170 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. Fairfax India Holdings's current Forward Rate of Return (Yacktman) % of 2.95% is 34.7% below 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 Fairfax India Holdings and its competitors. For the Asset Management industry, the median Forward Rate of Return (Yacktman) % is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fairfax India Holdings's current Forward Rate of Return (Yacktman) % is 2.95%, which is 37% below median its own 10-year median of 4.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fairfax India Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fairfax India Holdings (FFXDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $25.02, compared to a current price of $18.51 — trading 26% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 2.95%, which is 37% below median its 10-year median of 4.66 and 34.7% below the Asset Management industry median of 4.52. Fairfax India Holdings' overall GF Score™ is 56/100 with 4 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 Fairfax India Holdings (FFXDF), the current Forward Rate of Return (Yacktman) % is 2.95% 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 Fairfax India Holdings (FFXDF) Overvalued in 2026?

Based on GuruFocus' analysis, Fairfax India Holdings stock appears to be undervalued. The current stock price of $18.51 is trading 26% below its estimated GF Value™ of $25.02. GuruFocus considers Fairfax India Holdings to be Modestly Undervalued.

Key valuation signals for FFXDF:

  • Forward Rate of Return (Yacktman) %: 2.95% (37% below median its 10-year median of 4.66)
  • GF Value™: $25.02 vs. price of $18.51 (26% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 34.7% below the Asset Management median (#653 of 1170)

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


Fairfax India Holdings Business Description

Other Exchanges F5X:GermanyFIH.U:Canada
Address 95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Fairfax India Holdings Corp is an investment holding company. The investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers, or business conducted in or dependent on India. It operates through investing in India and Indian investments segment and it earns income through the source of interest and dividends.
56GF Score

Get the complete analysis for FFXDF

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

$18.51
Price
$25.02
GF Value