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Schwalbchen Molkerei Jakob Berz AGFRA:SMB 76 Forward Rate of Return (Yacktman) % is 23.09% as of Dec. 2025, which is 32% above its 10-year median of 17.44. GuruFocus rates FRA:SMB with a GF Score™ of 76/100 and a GF Value™ of €42.68 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,408 Consumer Packaged Goods companies, Schwalbchen Molkerei Jakob Berz AG ranks better than 87.29% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Schwalbchen Molkerei Jakob Berz AG's forward rate of return for was 23.09%.
The historical rank and industry rank for Schwalbchen Molkerei Jakob Berz AG's Forward Rate of Return (Yacktman) % or its related term are showing as below:
FRA:SMB'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -23.89 Med: 17.44 Max: 29.72
Current: 23.59
During the past 13 years, Schwalbchen Molkerei Jakob Berz AG's highest Forward Rate of Return was 29.72. The lowest was -23.89. And the median was 17.44.
FRA:SMB's Forward Rate of Return (Yacktman) % is ranked better than 87.29% of 1408
companies
in the Consumer Packaged Goods industry
Industry Median: 8.405
vs FRA:SMB: 23.59
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.
Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) 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.
Schwalbchen Molkerei Jakob Berz AG Forward Rate of Return (Yacktman) % Related Terms
Schwalbchen Molkerei Jakob Berz 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.
Schwalbchen Molkerei Jakob Berz AG Forward Rate of Return (Yacktman) % Chart
FRA:SMB vs KHC, GIS, MKC: Forward Rate of Return (Yacktman) % Comparison
For the Packaged Foods subindustry, Schwalbchen Molkerei Jakob Berz 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.
Schwalbchen Molkerei Jakob Berz AG Forward Rate of Return (Yacktman) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Schwalbchen Molkerei Jakob Berz AG's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Schwalbchen Molkerei Jakob Berz AG's Forward Rate of Return (Yacktman) % falls into.
Schwalbchen Molkerei Jakob Berz 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 23.09% mean?
Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) has a Forward Rate of Return (Yacktman) % of 23.09% as of Dec. 2025. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Schwalbchen Molkerei Jakob Berz AG and its competitors. This is 32% above median its historical median of 17.44. According to the industry distribution chart, Schwalbchen Molkerei Jakob Berz AG ranks #179 out of 1408 companies in the Consumer Packaged Goods industry, placing it in the top 12.7%.
Is Schwalbchen Molkerei Jakob Berz AG's Forward Rate of Return (Yacktman) % too high?
Schwalbchen Molkerei Jakob Berz AG's current Forward Rate of Return (Yacktman) % of 23.09% is 32% above median its 10-year median of 17.44. The Consumer Packaged Goods industry median Forward Rate of Return (Yacktman) % is 8.41. Schwalbchen Molkerei Jakob Berz AG's value of 23.09% is 174.7% above this industry median. Based on the distribution chart, Schwalbchen Molkerei Jakob Berz AG ranks #179 out of 1408 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Schwalbchen Molkerei Jakob Berz AG has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Schwalbchen Molkerei Jakob Berz AG's Forward Rate of Return (Yacktman) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Schwalbchen Molkerei Jakob Berz AG ranks #179 out of 1408 companies for Forward Rate of Return (Yacktman) %. This places Schwalbchen Molkerei Jakob Berz AG in the top 13% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 8.41. Schwalbchen Molkerei Jakob Berz AG's value of 23.09% is 174.7% above this benchmark. While the company's 10-year median is 17.44 vs. the industry median of 8.41, Schwalbchen Molkerei Jakob Berz AG 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 Consumer Packaged Goods company?
The median Forward Rate of Return (Yacktman) % among Consumer Packaged Goods companies is 8.41, based on 1,408 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. Schwalbchen Molkerei Jakob Berz AG's current Forward Rate of Return (Yacktman) % of 23.09% is 174.7% 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 Schwalbchen Molkerei Jakob Berz AG and its competitors. For the Consumer Packaged Goods industry, the median Forward Rate of Return (Yacktman) % is 8.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Schwalbchen Molkerei Jakob Berz AG's current Forward Rate of Return (Yacktman) % is 23.09%, which is 32% above median its own 10-year median of 17.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Schwalbchen Molkerei Jakob Berz AG stock overvalued right now?
Based on GuruFocus' analysis, Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) is currently considered Fairly Valued. The stock's GF Value™ is €42.68, compared to a current price of €43.00 — trading 0.7% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 23.09%, which is 32% above median its 10-year median of 17.44 and 174.7% above the Consumer Packaged Goods industry median of 8.41. Schwalbchen Molkerei Jakob Berz AG's overall GF Score™ is 76/100 with 2 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 Schwalbchen Molkerei Jakob Berz AG (FRA:SMB), the current Forward Rate of Return (Yacktman) % is 23.09% as of Dec. 2025. 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 Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) Overvalued in 2026?
Based on GuruFocus' analysis, Schwalbchen Molkerei Jakob Berz AG stock appears to be overvalued.
The current stock price of €43.00 is trading 0.7% above its estimated GF Value™ of €42.68.
GuruFocus considers Schwalbchen Molkerei Jakob Berz AG to be Fairly Valued.
Key valuation signals for FRA:SMB:
Forward Rate of Return (Yacktman) %: 23.09% (32% above median its 10-year median of 17.44)
GF Value™: €42.68 vs. price of €43.00 (0.7% above fair value)
Industry Position: 174.7% above the Consumer Packaged Goods median (#179 of 1408)
No single metric tells the full story. See the FRA:SMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Schwalbchen Molkerei Jakob Berz AG is engaged in processing and distribution of milk and milk products, the wholesale of dairy products and related foodstuffs. The company acts as a regional brand supplier of fresh and long-life milk, as well as fresh produce such as yogurt, whipped cream, sour cream, natural and fruit quark, cream, and sponge cake under the name SCHWALBCHEN. Specialties such as the coffee beverage Caffreddo and ethnic items such as Ayran are marketed nationwide. The company is engaged in the wholesale consumer trade segment.
76GF Score
Get the complete analysis for FRA:SMB
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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