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Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Grounds Real Estate Development AG's forward rate of return for was 0.00%.
The historical rank and industry rank for Grounds Real Estate Development AG's Forward Rate of Return (Yacktman) % or its related term are showing as below:
FRA:AMM'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -371.04 Med: -31.55 Max: -17.58
Current: -371.04
During the past 11 years, Grounds Real Estate Development AG's highest Forward Rate of Return was -17.58. The lowest was -371.04. And the median was -31.55.
FRA:AMM's Forward Rate of Return (Yacktman) % is ranked worse than 98.03% of 1318
companies
in the Real Estate industry
Industry Median: 6.455
vs FRA:AMM: -371.04
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.
Grounds Real Estate Development AG (FRA:AMM) 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.
Grounds Real Estate Development AG Forward Rate of Return (Yacktman) % Related Terms
Grounds Real Estate Development AG Forward Rate of Return (Yacktman) % Historical Data
* 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.
Grounds Real Estate Development AG Forward Rate of Return (Yacktman) % Chart
FRA:AMM vs CBRE, BEKE, JLL: Forward Rate of Return (Yacktman) % Comparison
For the Real Estate Services subindustry, Grounds Real Estate Development AG'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.
Grounds Real Estate Development AG Forward Rate of Return (Yacktman) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Grounds Real Estate Development AG's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Grounds Real Estate Development AG's Forward Rate of Return (Yacktman) % falls into.
Grounds Real Estate Development AG 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 0.00% mean?
Grounds Real Estate Development AG (FRA:AMM) has a Forward Rate of Return (Yacktman) % of 0.00% as of Dec. 2024. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Grounds Real Estate Development AG and its competitors. According to the industry distribution chart, Grounds Real Estate Development AG ranks #1292 out of 1318 companies in the Real Estate industry, placing it in the top 98%.
Is Grounds Real Estate Development AG's Forward Rate of Return (Yacktman) % too high?
Grounds Real Estate Development AG's current Forward Rate of Return (Yacktman) % is 0.00%. Based on the distribution chart, Grounds Real Estate Development AG ranks #1292 out of 1318 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Grounds Real Estate Development AG has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grounds Real Estate Development AG's Forward Rate of Return (Yacktman) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Grounds Real Estate Development AG ranks #1292 out of 1318 companies for Forward Rate of Return (Yacktman) %. This places Grounds Real Estate Development AG in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 6.46. 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 Real Estate company?
The median Forward Rate of Return (Yacktman) % among Real Estate companies is 6.46, based on 1,318 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 Grounds Real Estate Development AG and its competitors. For the Real Estate industry, the median Forward Rate of Return (Yacktman) % is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grounds Real Estate Development AG'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 Grounds Real Estate Development AG stock overvalued right now?
Based on GuruFocus' analysis, Grounds Real Estate Development AG (FRA:AMM) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.13, compared to a current price of €0.24 — trading 84.6% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 0.00%. Grounds Real Estate Development AG's overall GF Score™ is 35/100 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 Grounds Real Estate Development AG (FRA:AMM), the current Forward Rate of Return (Yacktman) % is 0.00% as of Dec. 2024. 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 Grounds Real Estate Development AG (FRA:AMM) Overvalued in 2026?
Based on GuruFocus' analysis, Grounds Real Estate Development AG stock appears to be overvalued.
The current stock price of €0.24 is trading 84.6% above its estimated GF Value™ of €0.13.
GuruFocus considers Grounds Real Estate Development AG to be Significantly Overvalued.
Key valuation signals for FRA:AMM:
Forward Rate of Return (Yacktman) %: 0.00%
GF Value™: €0.13 vs. price of €0.24 (84.6% above fair value)
No single metric tells the full story. See the FRA:AMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grounds Real Estate Development AG carries out housing projects in German metropolitan regions. Its business activities cover three core areas, including the company's plan to establish its property portfolio for long-term rental income, which is referred to as the portfolio management business. the company also works to develop the existing properties and sell them as part-ownership, known as the privatization business. Additionally, planning to construct new housing and sell it to institutional investors, capital investors, and owner-occupiers. This is referred to as the project development business. The group's primary sources of income are the construction work on project developments, privatization income, and rental income from existing properties.
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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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