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Hosken Consolidated InvestmentsHKCIF 78 Forward Rate of Return (Yacktman) % is 18.44% as of Mar. 2026, which is 17% below its 10-year median of 22.24. GuruFocus rates HKCIF with a GF Score™ of 78/100 and a GF Value™ of $0.36. The stock has 4 warning signs investors should review. Among 421 Conglomerates companies, Hosken Consolidated Investments ranks better than 68.17% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Hosken Consolidated Investments's forward rate of return for was 18.44%.
The historical rank and industry rank for Hosken Consolidated Investments's Forward Rate of Return (Yacktman) % or its related term are showing as below:
HKCIF'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 17.78 Med: 22.24 Max: 40.51
Current: 18.62
During the past 13 years, Hosken Consolidated Investments's highest Forward Rate of Return was 40.51. The lowest was 17.78. And the median was 22.24.
HKCIF's Forward Rate of Return (Yacktman) % is ranked better than 68.17% of 421
companies
in the Conglomerates industry
Industry Median: 12.78
vs HKCIF: 18.62
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.
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.
Hosken Consolidated Investments Forward Rate of Return (Yacktman) % Related Terms
Hosken Consolidated Investments 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.
Hosken Consolidated Investments Forward Rate of Return (Yacktman) % Chart
HKCIF vs MMM, HON: Forward Rate of Return (Yacktman) % Comparison
For the Conglomerates subindustry, Hosken Consolidated Investments'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.
Hosken Consolidated Investments Forward Rate of Return (Yacktman) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Hosken Consolidated Investments's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Hosken Consolidated Investments's Forward Rate of Return (Yacktman) % falls into.
Hosken Consolidated Investments 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 18.44% mean?
Hosken Consolidated Investments (HKCIF) has a Forward Rate of Return (Yacktman) % of 18.44% 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 Hosken Consolidated Investments and its competitors. This is 17% below median its historical median of 22.24. Over the past decade, Hosken Consolidated Investments' Forward Rate of Return (Yacktman) % has ranged from 17.78 to 40.51. According to the industry distribution chart, Hosken Consolidated Investments ranks #134 out of 421 companies in the Conglomerates industry, placing it in the top 31.8%.
Is Hosken Consolidated Investments' Forward Rate of Return (Yacktman) % too high?
Hosken Consolidated Investments' current Forward Rate of Return (Yacktman) % of 18.44% is 17% below median its 10-year median of 22.24. Over the past 10 years, this metric has ranged from a low of 17.78 to a high of 40.51. The Conglomerates industry median Forward Rate of Return (Yacktman) % is 12.78. Hosken Consolidated Investments' value of 18.44% is 44.3% above this industry median. Based on the distribution chart, Hosken Consolidated Investments ranks #134 out of 421 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Hosken Consolidated Investments has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Hosken Consolidated Investments' Forward Rate of Return (Yacktman) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Hosken Consolidated Investments ranks #134 out of 421 companies for Forward Rate of Return (Yacktman) %. This puts Hosken Consolidated Investments in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 12.78. Hosken Consolidated Investments' value of 18.44% is 44.3% above this benchmark. Historically, Hosken Consolidated Investments' own Forward Rate of Return (Yacktman) % has ranged from 17.78 to 40.51 over the past decade. While the company's 10-year median is 22.24 vs. the industry median of 12.78, Hosken Consolidated Investments 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 Conglomerates company?
The median Forward Rate of Return (Yacktman) % among Conglomerates companies is 12.78, based on 421 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. Hosken Consolidated Investments's current Forward Rate of Return (Yacktman) % of 18.44% is 44.3% 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 Hosken Consolidated Investments and its competitors. For the Conglomerates industry, the median Forward Rate of Return (Yacktman) % is 12.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hosken Consolidated Investments's current Forward Rate of Return (Yacktman) % is 18.44%, which is 17% below median its own 10-year median of 22.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hosken Consolidated Investments stock overvalued right now?
Hosken Consolidated Investments (HKCIF) has a current Forward Rate of Return (Yacktman) % of 18.44%. The stock's GF Value™ is $0.36, compared to a current price of $0.32 — trading 11.5% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 18.44%, which is 17% below median its 10-year median of 22.24 and 44.3% above the Conglomerates industry median of 12.78. Hosken Consolidated Investments' overall GF Score™ is 78/100 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 Hosken Consolidated Investments (HKCIF), the current Forward Rate of Return (Yacktman) % is 18.44% 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 Hosken Consolidated Investments (HKCIF) Overvalued in 2026?
Based on GuruFocus' analysis, Hosken Consolidated Investments stock appears to be undervalued.
The current stock price of $0.32 is trading 11.5% below its estimated GF Value™ of $0.36.
Key valuation signals for HKCIF:
Forward Rate of Return (Yacktman) %: 18.44% (17% below median its 10-year median of 22.24)
GF Value™: $0.36 vs. price of $0.32 (11.5% below fair value)
Industry Position: 44.3% above the Conglomerates median (#134 of 421)
No single metric tells the full story. See the HKCIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hosken Consolidated Investments Ltd is an investment holdings company. The group is involved in a diverse group of investments including Media and broadcasting; Gaming; Transport; Properties; Coal mining; Branded products and manufacturing and other. It generates maximum revenue from the Branded products and manufacturing segment. Geographically, it operates in South Africa; Other African countries and Middle East; and Europe and United Kingdom.
78GF Score
Get the complete analysis for HKCIF
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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