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HighPeak Energy (HighPeak Energy) Forward Rate of Return (Yacktman) % : 0.00% (As of Dec. 2023)


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What is HighPeak Energy Forward Rate of Return (Yacktman) %?

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. HighPeak Energy's forward rate of return for was 0.00%.

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

HPK's Forward Rate of Return (Yacktman) % is not ranked *
in the Oil & Gas industry.
Industry Median: 12.42
* Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.

Unlike the Earnings Yield %, the Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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.


HighPeak Energy Forward Rate of Return (Yacktman) % Historical Data

The historical data trend for HighPeak Energy'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.

* Premium members only.

HighPeak Energy Forward Rate of Return (Yacktman) % Chart

HighPeak Energy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Forward Rate of Return (Yacktman) %
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HighPeak Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of HighPeak Energy's Forward Rate of Return (Yacktman) %

For the Oil & Gas E&P subindustry, HighPeak Energy'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.


HighPeak Energy's Forward Rate of Return (Yacktman) % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, HighPeak Energy's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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



HighPeak Energy 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).

HighPeak Energy's Forward Rate of Return of Dec. 2023 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0/14.24+0
=0.00 %

* 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.


HighPeak Energy  (NAS:HPK) 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.


HighPeak Energy Forward Rate of Return (Yacktman) % Related Terms

Thank you for viewing the detailed overview of HighPeak Energy's Forward Rate of Return (Yacktman) % provided by GuruFocus.com. Please click on the following links to see related term pages.


HighPeak Energy (HighPeak Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HighPeak Energy Inc (NAS:HPK) » Definitions » Forward Rate of Return (Yacktman) %
Traded in Other Exchanges
Address
421 W. 3rd Street, Suite 1000, Fort Worth, TX, USA, 76102
HighPeak Energy Inc is an independent oil and natural gas company focused on the development of unconventional oil and natural gas reserves in primarily Howard County of the Midland Basin. The company operates in a single segment, which is oil and natural gas development, exploration, and production.
Executives
Jack Hightower director, 10 percent owner, officer: Chief Executive Officer 1700 PACIFIC, SUYITE 3300, DALLAS TX 75201
Jay M. Chernosky director 602 FALL RIVER ROAD, HOUSTON TX 77024
Michael L. Hollis director, officer: President 500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701
John Paul Dejoria 10 percent owner 2934 OESTRICK LANE, AUSTIN TX 78733
Steven W Tholen officer: Chief Financial Officer 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Rodney L Woodard officer: Chief Operating Officer C/O PURE RESOURCES, 500 W. ILLINOIS, MIDLAND TX 79701
Larry Oldham director 1004 N BIG SPRING, C/O PARALLEL PETROLEUM, MIDLAND TX 79701
Keith E Forbes officer: Vice President and Controller 421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Jason A. Edgeworth director 421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76101
Michael H. Gustin director 208 HEWITT DRIVE, #103-113, WOODWAY TX 76712
Keith Covington director 500 WEST ILLINOIS, MIDLAND TX 79701
Highpeak Energy Partners, Lp other: . 421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Highpeak Energy Partners Ii, Lp other: . 421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Highpeak Pure Acquisition, Llc other: . 421 W 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Sharon F. Fulgham director 4354 W. VICKERY BOULEVARD, FORT WORTH TX 76107