United Internet AG (FRA:UTDI) Forward Rate of Return (Yacktman) %: 6.79% (As of Mar. 2026) — 65% Below Median

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FRA:UTDI United Internet AG FRA:UTDI
77 GF Score
Price €23.48
GF Value €21.73
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is United Internet AG Forward Rate of Return (Yacktman) %?

United Internet AG FRA:UTDI +3.16% 77 Forward Rate of Return (Yacktman) % is 6.79% as of Mar. 2026, which is 65% below its 10-year median of 19.28. GuruFocus rates FRA:UTDI with a GF Score™ of 77/100 and a GF Value™ of €21.73 (Fairly Valued). The stock has 6 warning signs investors should review. Among 287 Telecommunication Services companies, United Internet AG ranks worse than 63.76% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. United Internet AG's forward rate of return for was 6.79%.

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

FRA:UTDI' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 5.52   Med: 19.28   Max: 24.79
Current: 7.62

During the past 13 years, United Internet AG's highest Forward Rate of Return was 24.79. The lowest was 5.52. And the median was 19.28.

FRA:UTDI's Forward Rate of Return (Yacktman) % is ranked worse than
63.76% of 287 companies
in the Telecommunication Services industry
Industry Median: 11.22 vs FRA:UTDI: 7.62

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.


United Internet AG  (FRA:UTDI) 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.


United Internet AG Forward Rate of Return (Yacktman) % Related Terms


United Internet AG Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for United Internet AG'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.

United Internet AG Forward Rate of Return (Yacktman) % Chart

United Internet AG 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 18.19 12.86 13.32 11.66 7.02

United Internet AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.25 6.40 5.67 7.02 6.79

FRA:UTDI vs VZ, TMUS, T: Forward Rate of Return (Yacktman) % Comparison

For the Telecom Services subindustry, United Internet 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.


United Internet AG Forward Rate of Return (Yacktman) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, United Internet AG's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


FRA:UTDI
77GF Score
United Internet AG FRA:UTDI
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Internet 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).

United Internet AG's Forward Rate of Return of Mar. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=1.37390476/27.14+0.018
=6.86 %

* 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 6.79% mean?
United Internet AG (FRA:UTDI) has a Forward Rate of Return (Yacktman) % of 6.79% as of Mar. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on United Internet AG and its competitors. This is 65% below median its historical median of 19.28. Over the past decade, United Internet AG's Forward Rate of Return (Yacktman) % has ranged from 5.52 to 24.79. According to the industry distribution chart, United Internet AG ranks #183 out of 287 companies in the Telecommunication Services industry, placing it in the top 63.8%.
Is United Internet AG's Forward Rate of Return (Yacktman) % too high?
United Internet AG's current Forward Rate of Return (Yacktman) % of 6.79% is 65% below median its 10-year median of 19.28. Over the past 10 years, this metric has ranged from a low of 5.52 to a high of 24.79. The Telecommunication Services industry median Forward Rate of Return (Yacktman) % is 11.22. United Internet AG's value of 6.79% is 39.5% below this industry median. Based on the distribution chart, United Internet AG ranks #183 out of 287 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, United Internet AG has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Internet AG's Forward Rate of Return (Yacktman) % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, United Internet AG ranks #183 out of 287 companies for Forward Rate of Return (Yacktman) %. This places United Internet AG in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 11.22. United Internet AG's value of 6.79% is 39.5% below this benchmark. Historically, United Internet AG's own Forward Rate of Return (Yacktman) % has ranged from 5.52 to 24.79 over the past decade. While the company's 10-year median is 19.28 vs. the industry median of 11.22, United Internet AG 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 a Telecommunication Services company?
The median Forward Rate of Return (Yacktman) % among Telecommunication Services companies is 11.22, based on 287 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. United Internet AG's current Forward Rate of Return (Yacktman) % of 6.79% is 39.5% 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 United Internet AG and its competitors. For the Telecommunication Services industry, the median Forward Rate of Return (Yacktman) % is 11.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Internet AG's current Forward Rate of Return (Yacktman) % is 6.79%, which is 65% below median its own 10-year median of 19.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Internet AG stock overvalued right now?
Based on GuruFocus' analysis, United Internet AG (FRA:UTDI) is currently considered Fairly Valued. The stock's GF Value™ is €21.73, compared to a current price of €23.48 — trading 8.1% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 6.79%, which is 65% below median its 10-year median of 19.28 and 39.5% below the Telecommunication Services industry median of 11.22. United Internet AG's overall GF Score™ is 77/100 with 6 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 United Internet AG (FRA:UTDI), the current Forward Rate of Return (Yacktman) % is 6.79% as of Mar. 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 United Internet AG (FRA:UTDI) Overvalued in 2026?

Based on GuruFocus' analysis, United Internet AG stock appears to be overvalued. The current stock price of €23.48 is trading 8.1% above its estimated GF Value™ of €21.73. GuruFocus considers United Internet AG to be Fairly Valued.

Key valuation signals for FRA:UTDI:

  • Forward Rate of Return (Yacktman) %: 6.79% (65% below median its 10-year median of 19.28)
  • GF Value™: €21.73 vs. price of €23.48 (8.1% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 39.5% below the Telecommunication Services median (#183 of 287)

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


United Internet AG Business Description

Address Elgendorfer Strasse 57, Montabaur, RP, DEU, 56410
United Internet AG is a telecommunications provider that operates through two business divisions: Access and Applications, which in turn are divided into the segments Consumer Access and Business Access and Consumer Applications and Business Applications. The Consumer Access segment which generates the majority of the revenue for the company comprises mobile internet products as well as landline-based broadband products (including the respective applications, such as home networks, online storage, telephony, Smart Home, IPTV, and video-on-demand) and mobile internet products. The company also provides a wide range of telecommunication products and services to companies and local authorities.
77GF Score

Get the complete analysis for FRA:UTDI

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

€23.48
Price
€21.73
GF Value