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Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Besiktas Futbol Yatirimlarinayi Ve Ticaret AS's forward rate of return for was 40.60%.
IST:BJKAS's Forward Rate of Return (Yacktman) % is ranked better than 91.35% of 636
companies
in the Media - Diversified industry
Industry Median: 5.75
vs IST:BJKAS: 36.07
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.
Besiktas Futbol Yatirimlarinayi Ve Ticaret AS (IST:BJKAS) 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.
Besiktas Futbol Yatirimlarinayi Ve Ticaret AS Forward Rate of Return (Yacktman) % Related Terms
Besiktas Futbol Yatirimlarinayi Ve Ticaret AS 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.
Besiktas Futbol Yatirimlarinayi Ve Ticaret AS Forward Rate of Return (Yacktman) % Chart
Besiktas Futbol Yatirimlarinayi Ve Ticaret AS Annual Data
IST:BJKAS vs NFLX, DIS, WBD: Forward Rate of Return (Yacktman) % Comparison
For the Entertainment subindustry, Besiktas Futbol Yatirimlarinayi Ve Ticaret AS'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.
Besiktas Futbol Yatirimlarinayi Ve Ticaret AS Forward Rate of Return (Yacktman) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Besiktas Futbol Yatirimlarinayi Ve Ticaret AS's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Besiktas Futbol Yatirimlarinayi Ve Ticaret AS's Forward Rate of Return (Yacktman) % falls into.
Besiktas Futbol Yatirimlarinayi Ve Ticaret AS 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 40.60% mean?
Besiktas Futbol Yatirimlarinayi Ve Ticaret AS (IST:BJKAS) has a Forward Rate of Return (Yacktman) % of 40.60% as of May. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Besiktas Futbol Yatirimlarinayi Ve Ticaret AS and its competitors. This is near median its historical median of 38.56. Over the past decade, Besiktas Futbol Yatirimlarinayi Ve Ticaret AS's Forward Rate of Return (Yacktman) % has ranged from 30.92 to 40.19. According to the industry distribution chart, Besiktas Futbol Yatirimlarinayi Ve Ticaret AS ranks #55 out of 636 companies in the Media - Diversified industry, placing it in the top 8.6%.
Is Besiktas Futbol Yatirimlarinayi Ve Ticaret AS's Forward Rate of Return (Yacktman) % too high?
Besiktas Futbol Yatirimlarinayi Ve Ticaret AS's current Forward Rate of Return (Yacktman) % of 40.60% is near median its 10-year median of 38.56. Over the past 10 years, this metric has ranged from a low of 30.92 to a high of 40.19. The Media - Diversified industry median Forward Rate of Return (Yacktman) % is 5.75. Besiktas Futbol Yatirimlarinayi Ve Ticaret AS's value of 40.60% is 606.1% above this industry median. Based on the distribution chart, Besiktas Futbol Yatirimlarinayi Ve Ticaret AS ranks #55 out of 636 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Besiktas Futbol Yatirimlarinayi Ve Ticaret AS has a GF Score™ of 34/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Besiktas Futbol Yatirimlarinayi Ve Ticaret AS's Forward Rate of Return (Yacktman) % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Besiktas Futbol Yatirimlarinayi Ve Ticaret AS ranks #55 out of 636 companies for Forward Rate of Return (Yacktman) %. This places Besiktas Futbol Yatirimlarinayi Ve Ticaret AS in the top 9% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 5.75. Besiktas Futbol Yatirimlarinayi Ve Ticaret AS's value of 40.60% is 606.1% above this benchmark. Historically, Besiktas Futbol Yatirimlarinayi Ve Ticaret AS's own Forward Rate of Return (Yacktman) % has ranged from 30.92 to 40.19 over the past decade. While the company's 10-year median is 38.56 vs. the industry median of 5.75, Besiktas Futbol Yatirimlarinayi Ve Ticaret AS 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 Media - Diversified company?
The median Forward Rate of Return (Yacktman) % among Media - Diversified companies is 5.75, based on 636 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. Besiktas Futbol Yatirimlarinayi Ve Ticaret AS's current Forward Rate of Return (Yacktman) % of 40.60% is 606.1% 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 Besiktas Futbol Yatirimlarinayi Ve Ticaret AS and its competitors. For the Media - Diversified industry, the median Forward Rate of Return (Yacktman) % is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Besiktas Futbol Yatirimlarinayi Ve Ticaret AS's current Forward Rate of Return (Yacktman) % is 40.60%, which is near median its own 10-year median of 38.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Besiktas Futbol Yatirimlarinayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Besiktas Futbol Yatirimlarinayi Ve Ticaret AS (IST:BJKAS) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺1.80, compared to a current price of ₺2.20 — trading 22.2% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 40.60%, which is near median its 10-year median of 38.56 and 606.1% above the Media - Diversified industry median of 5.75. Besiktas Futbol Yatirimlarinayi Ve Ticaret AS's overall GF Score™ is 34/100 with 5 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 Besiktas Futbol Yatirimlarinayi Ve Ticaret AS (IST:BJKAS), the current Forward Rate of Return (Yacktman) % is 40.60% as of May. 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 Besiktas Futbol Yatirimlarinayi Ve Ticaret AS (IST:BJKAS) Overvalued in 2026?
Based on GuruFocus' analysis, Besiktas Futbol Yatirimlarinayi Ve Ticaret AS stock appears to be overvalued.
The current stock price of ₺2.20 is trading 22.2% above its estimated GF Value™ of ₺1.80.
GuruFocus considers Besiktas Futbol Yatirimlarinayi Ve Ticaret AS to be Modestly Overvalued.
Key valuation signals for IST:BJKAS:
Forward Rate of Return (Yacktman) %: 40.60% (near median its 10-year median of 38.56)
GF Value™: ₺1.80 vs. price of ₺2.20 (22.2% above fair value)
Industry Position: 606.1% above the Media - Diversified median (#55 of 636)
No single metric tells the full story. See the IST:BJKAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Besiktas Futbol Yatirimlari Sanayi Ve Ticaret AS owns and operates soccer club in Turkey. The various teams of the company include Football Home, Basketball Home, Handball Home, and Volleyball Home among others.
34GF Score
Get the complete analysis for IST:BJKAS
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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