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Gencor IndustriesGENC -0.97%93 Forward Rate of Return (Yacktman) % is 19.71% as of Jun. 2026, which is 5697% above its 10-year median of 0.34. GuruFocus rates GENC with a GF Score™ of 93/100 and a GF Value™ of $16.09 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 170 Farm & Heavy Construction Machinery companies, Gencor Industries ranks better than 78.24% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Gencor Industries's forward rate of return for was 19.71%.
The historical rank and industry rank for Gencor Industries's Forward Rate of Return (Yacktman) % or its related term are showing as below:
GENC'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -28.17 Med: 0.34 Max: 25.77
Current: 19.76
During the past 13 years, Gencor Industries's highest Forward Rate of Return was 25.77. The lowest was -28.17. And the median was 0.34.
GENC's Forward Rate of Return (Yacktman) % is ranked better than 78.24% of 170
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 8.95
vs GENC: 19.76
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.
Gencor Industries (AMEX:GENC) 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.
Gencor Industries Forward Rate of Return (Yacktman) % Related Terms
Gencor Industries Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Gencor Industries'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.
Gencor Industries Forward Rate of Return (Yacktman) % Chart
GENC vs BNC, TWI, XOS: Forward Rate of Return (Yacktman) % Comparison
For the Farm & Heavy Construction Machinery subindustry, Gencor Industries'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.
Gencor Industries Forward Rate of Return (Yacktman) % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Gencor Industries's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Gencor Industries's Forward Rate of Return (Yacktman) % falls into.
Gencor Industries 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 19.71% mean?
Gencor Industries (GENC) has a Forward Rate of Return (Yacktman) % of 19.71% 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 Gencor Industries and its competitors. This is 5697% above median its historical median of 0.34. According to the industry distribution chart, Gencor Industries ranks #37 out of 170 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 21.8%.
Is Gencor Industries' Forward Rate of Return (Yacktman) % too high?
Gencor Industries' current Forward Rate of Return (Yacktman) % of 19.71% is 5697% above median its 10-year median of 0.34. The Farm & Heavy Construction Machinery industry median Forward Rate of Return (Yacktman) % is 8.95. Gencor Industries' value of 19.71% is 120.2% above this industry median. Based on the distribution chart, Gencor Industries ranks #37 out of 170 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Gencor Industries has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gencor Industries' Forward Rate of Return (Yacktman) % compare to BNC and TWI?
According to the Farm & Heavy Construction Machinery industry distribution chart, Gencor Industries ranks #37 out of 170 companies for Forward Rate of Return (Yacktman) %. This places Gencor Industries in the top 22% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 8.95. Gencor Industries' value of 19.71% is 120.2% above this benchmark. While the company's 10-year median is 0.34 vs. the industry median of 8.95, Gencor Industries 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 8.95, 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. Gencor Industries's current Forward Rate of Return (Yacktman) % of 19.71% is 120.2% 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 Gencor Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median Forward Rate of Return (Yacktman) % is 8.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gencor Industries's current Forward Rate of Return (Yacktman) % is 19.71%, which is 5697% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gencor Industries stock overvalued right now?
Based on GuruFocus' analysis, Gencor Industries (GENC) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.09, compared to a current price of $18.29 — trading 13.7% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 19.71%, which is 5697% above median its 10-year median of 0.34 and 120.2% above the Farm & Heavy Construction Machinery industry median of 8.95. Gencor Industries' overall GF Score™ is 93/100 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 Gencor Industries (GENC), the current Forward Rate of Return (Yacktman) % is 19.71% 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 Gencor Industries (GENC) Overvalued in 2026?
Based on GuruFocus' analysis, Gencor Industries stock appears to be overvalued.
The current stock price of $18.29 is trading 13.7% above its estimated GF Value™ of $16.09.
GuruFocus considers Gencor Industries to be Modestly Overvalued.
Key valuation signals for GENC:
Forward Rate of Return (Yacktman) %: 19.71% (5697% above median its 10-year median of 0.34)
GF Value™: $16.09 vs. price of $18.29 (13.7% above fair value)
Industry Position: 120.2% above the Farm & Heavy Construction Machinery median (#37 of 170)
No single metric tells the full story. See the GENC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gencor Industries Inc and its subsidiaries are a manufacturer of heavy machinery used in the production of highway construction materials and environmental control equipment. The Company's products are manufactured in the United States and sold through a combination of Company sales representatives and independent dealers and agents. The Company has one reporting segment, equipment for the highway construction industry. The Company's principal core products include asphalt pavers, hot mix asphalt plants, combustion systems, and fluid heat transfer systems. It operates in the United States, Canada, and other foreign countries, with the majority of revenue coming from the United States.
93GF Score
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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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