HTCTF (Hutchison Telecommunications Hong Kong Holdings) Forward Rate of Return (Yacktman) %: 11.85% (As of Dec. 2025) — 675% Above Median

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HTCTF Hutchison Telecommunications Hong Kong Holdings Ltd HTCTF
35 GF Score
Price $0.15
GF Value $0.16
Valuation Fairly Valued
! 6 Warning Signs
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What is Hutchison Telecommunications Hong Kong Holdings Forward Rate of Return (Yacktman) %?

Hutchison Telecommunications Hong Kong Holdings HTCTF 35 Forward Rate of Return (Yacktman) % is 11.85% as of Dec. 2025, which is 675% above its 10-year median of 1.53. GuruFocus rates HTCTF with a GF Score™ of 35/100 and a GF Value™ of $0.16 (Fairly Valued). The stock has 6 warning signs investors should review. Among 286 Telecommunication Services companies, Hutchison Telecommunications Hong Kong Holdings ranks better than 51.75% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Hutchison Telecommunications Hong Kong Holdings's forward rate of return for was 11.85%.

The historical rank and industry rank for Hutchison Telecommunications Hong Kong Holdings's Forward Rate of Return (Yacktman) % or its related term are showing as below:

HTCTF' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -9.6   Med: 1.53   Max: 12.35
Current: 12.04

During the past 13 years, Hutchison Telecommunications Hong Kong Holdings's highest Forward Rate of Return was 12.35. The lowest was -9.60. And the median was 1.53.

HTCTF's Forward Rate of Return (Yacktman) % is ranked better than
51.75% of 286 companies
in the Telecommunication Services industry
Industry Median: 11.32 vs HTCTF: 12.04

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.


Hutchison Telecommunications Hong Kong Holdings  (OTCPK:HTCTF) 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.


Hutchison Telecommunications Hong Kong Holdings Forward Rate of Return (Yacktman) % Related Terms


Hutchison Telecommunications Hong Kong Holdings Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Hutchison Telecommunications Hong Kong Holdings'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.

Hutchison Telecommunications Hong Kong Holdings Forward Rate of Return (Yacktman) % Chart

Hutchison Telecommunications Hong Kong Holdings 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 1.58 6.47 9.88 12.05 11.85

Hutchison Telecommunications Hong Kong Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 9.88 0.00 12.05 0.00 11.85

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

For the Telecom Services subindustry, Hutchison Telecommunications Hong Kong Holdings'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.


Hutchison Telecommunications Hong Kong Holdings Forward Rate of Return (Yacktman) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hutchison Telecommunications Hong Kong Holdings's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Hutchison Telecommunications Hong Kong Holdings's Forward Rate of Return (Yacktman) % falls into.


HTCTF
35GF Score
Hutchison Telecommunications Hong Kong Holdings Ltd HTCTF
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hutchison Telecommunications Hong Kong Holdings 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).

Hutchison Telecommunications Hong Kong Holdings's Forward Rate of Return of Dec. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.0155/0.1559+0.0142
=11.36 %

* 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 11.85% mean?
Hutchison Telecommunications Hong Kong Holdings (HTCTF) has a Forward Rate of Return (Yacktman) % of 11.85% 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 Hutchison Telecommunications Hong Kong Holdings and its competitors. This is 675% above median its historical median of 1.53. According to the industry distribution chart, Hutchison Telecommunications Hong Kong Holdings ranks #138 out of 286 companies in the Telecommunication Services industry, placing it in the top 48.3%.
Is Hutchison Telecommunications Hong Kong Holdings' Forward Rate of Return (Yacktman) % too high?
Hutchison Telecommunications Hong Kong Holdings' current Forward Rate of Return (Yacktman) % of 11.85% is 675% above median its 10-year median of 1.53. The Telecommunication Services industry median Forward Rate of Return (Yacktman) % is 11.32. Hutchison Telecommunications Hong Kong Holdings' value of 11.85% is 4.7% above this industry median. Based on the distribution chart, Hutchison Telecommunications Hong Kong Holdings ranks #138 out of 286 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Hutchison Telecommunications Hong Kong Holdings has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hutchison Telecommunications Hong Kong Holdings' Forward Rate of Return (Yacktman) % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Hutchison Telecommunications Hong Kong Holdings ranks #138 out of 286 companies for Forward Rate of Return (Yacktman) %. This puts Hutchison Telecommunications Hong Kong Holdings in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 11.32. Hutchison Telecommunications Hong Kong Holdings' value of 11.85% is 4.7% above this benchmark. While the company's 10-year median is 1.53 vs. the industry median of 11.32, Hutchison Telecommunications Hong Kong Holdings 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 Telecommunication Services company?
The median Forward Rate of Return (Yacktman) % among Telecommunication Services companies is 11.32, based on 286 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. Hutchison Telecommunications Hong Kong Holdings's current Forward Rate of Return (Yacktman) % of 11.85% is 4.7% 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 Hutchison Telecommunications Hong Kong Holdings and its competitors. For the Telecommunication Services industry, the median Forward Rate of Return (Yacktman) % is 11.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hutchison Telecommunications Hong Kong Holdings's current Forward Rate of Return (Yacktman) % is 11.85%, which is 675% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hutchison Telecommunications Hong Kong Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hutchison Telecommunications Hong Kong Holdings (HTCTF) is currently considered Fairly Valued. The stock's GF Value™ is $0.16, compared to a current price of $0.15 — trading 6.3% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 11.85%, which is 675% above median its 10-year median of 1.53 and 4.7% above the Telecommunication Services industry median of 11.32. Hutchison Telecommunications Hong Kong Holdings' overall GF Score™ is 35/100 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 Hutchison Telecommunications Hong Kong Holdings (HTCTF), the current Forward Rate of Return (Yacktman) % is 11.85% 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 Hutchison Telecommunications Hong Kong Holdings (HTCTF) Overvalued in 2026?

Based on GuruFocus' analysis, Hutchison Telecommunications Hong Kong Holdings stock appears to be undervalued. The current stock price of $0.15 is trading 6.3% below its estimated GF Value™ of $0.16. GuruFocus considers Hutchison Telecommunications Hong Kong Holdings to be Fairly Valued.

Key valuation signals for HTCTF:

  • Forward Rate of Return (Yacktman) %: 11.85% (675% above median its 10-year median of 1.53)
  • GF Value™: $0.16 vs. price of $0.15 (6.3% below fair value)
  • GF Score™: 35/100 with 6 warning signs
  • Industry Position: 4.7% above the Telecommunication Services median (#138 of 286)

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


Hutchison Telecommunications Hong Kong Holdings Business Description

Address 2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG
Hutchison Telecommunications Hong Kong Holdings Ltd is an investment holding company. It operates in a single segment of the mobile telecommunications business in Hong Kong and Macau. It offers a wide range of mobile telecommunications services and products with an increasing focus on data-centric services that converge with Internet and PC services. The company provides mobile communications services such as local voice, SMS, MMS, IDD, and international roaming, as well as data services and applications including direct carrier billing offerings, mobile device security management, eBooks, music downloads, movies-on-demand, mobile social networking applications, and FinTech.
35GF Score

Get the complete analysis for HTCTF

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

$0.15
Price
$0.16
GF Value