Bossa Ticaret VEnayi Isletmeleri TAS (IST:BOSSA) Forward Rate of Return (Yacktman) %: 23.94% (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:BOSSA Bossa Ticaret VE Sanayi Isletmeleri TAS IST:BOSSA
59 GF Score
Price ₺6.12
GF Value ₺4.78
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Bossa Ticaret VEnayi Isletmeleri TAS Forward Rate of Return (Yacktman) %?

Bossa Ticaret VEnayi Isletmeleri TAS IST:BOSSA -1.13% 59 Forward Rate of Return (Yacktman) % is 23.94% as of Mar. 2026, which is 9% above its 10-year median of 22.04. GuruFocus rates IST:BOSSA with a GF Score™ of 59/100 and a GF Value™ of ₺4.78 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 815 Manufacturing - Apparel & Accessories companies, Bossa Ticaret VEnayi Isletmeleri TAS ranks better than 85.77% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Bossa Ticaret VEnayi Isletmeleri TAS's forward rate of return for was 23.94%.

The historical rank and industry rank for Bossa Ticaret VEnayi Isletmeleri TAS's Forward Rate of Return (Yacktman) % or its related term are showing as below:

IST:BOSSA' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -0.06   Med: 22.04   Max: 117.88
Current: 24.08

During the past 13 years, Bossa Ticaret VEnayi Isletmeleri TAS's highest Forward Rate of Return was 117.88. The lowest was -0.06. And the median was 22.04.

IST:BOSSA's Forward Rate of Return (Yacktman) % is ranked better than
85.77% of 815 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.94 vs IST:BOSSA: 24.08

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.


Bossa Ticaret VEnayi Isletmeleri TAS  (IST:BOSSA) 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.


Bossa Ticaret VEnayi Isletmeleri TAS Forward Rate of Return (Yacktman) % Related Terms


Bossa Ticaret VEnayi Isletmeleri TAS Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Bossa Ticaret VEnayi Isletmeleri TAS'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.

Bossa Ticaret VEnayi Isletmeleri TAS Forward Rate of Return (Yacktman) % Chart

Bossa Ticaret VEnayi Isletmeleri TAS 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 0.00 19.12 22.60 21.50 23.05

Bossa Ticaret VEnayi Isletmeleri TAS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 22.66 22.85 22.44 23.05 23.94

Bossa Ticaret VEnayi Isletmeleri TAS Forward Rate of Return (Yacktman) % Competitor Comparison

For the Textile Manufacturing subindustry, Bossa Ticaret VEnayi Isletmeleri TAS'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.


Bossa Ticaret VEnayi Isletmeleri TAS Forward Rate of Return (Yacktman) % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bossa Ticaret VEnayi Isletmeleri TAS's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Bossa Ticaret VEnayi Isletmeleri TAS's Forward Rate of Return (Yacktman) % falls into.


IST:BOSSA
59GF Score
Bossa Ticaret VE Sanayi Isletmeleri TAS IST:BOSSA
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bossa Ticaret VEnayi Isletmeleri TAS 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).

Bossa Ticaret VEnayi Isletmeleri TAS's Forward Rate of Return of Mar. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.24952381/6.34+0.2
=23.94 %

* 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 23.94% mean?
Bossa Ticaret VEnayi Isletmeleri TAS (IST:BOSSA) has a Forward Rate of Return (Yacktman) % of 23.94% 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 Bossa Ticaret VEnayi Isletmeleri TAS and its competitors. This is near median its historical median of 22.04. According to the industry distribution chart, Bossa Ticaret VEnayi Isletmeleri TAS ranks #116 out of 815 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 14.2%.
Is Bossa Ticaret VEnayi Isletmeleri TAS's Forward Rate of Return (Yacktman) % too high?
Bossa Ticaret VEnayi Isletmeleri TAS's current Forward Rate of Return (Yacktman) % of 23.94% is near median its 10-year median of 22.04. The Manufacturing - Apparel & Accessories industry median Forward Rate of Return (Yacktman) % is 4.94. Bossa Ticaret VEnayi Isletmeleri TAS's value of 23.94% is 384.6% above this industry median. Based on the distribution chart, Bossa Ticaret VEnayi Isletmeleri TAS ranks #116 out of 815 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Bossa Ticaret VEnayi Isletmeleri TAS has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bossa Ticaret VEnayi Isletmeleri TAS's Forward Rate of Return (Yacktman) % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bossa Ticaret VEnayi Isletmeleri TAS ranks #116 out of 815 companies for Forward Rate of Return (Yacktman) %. This places Bossa Ticaret VEnayi Isletmeleri TAS in the top 14% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 4.94. Bossa Ticaret VEnayi Isletmeleri TAS's value of 23.94% is 384.6% above this benchmark. While the company's 10-year median is 22.04 vs. the industry median of 4.94, Bossa Ticaret VEnayi Isletmeleri TAS 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 Manufacturing - Apparel & Accessories company?
The median Forward Rate of Return (Yacktman) % among Manufacturing - Apparel & Accessories companies is 4.94, based on 815 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. Bossa Ticaret VEnayi Isletmeleri TAS's current Forward Rate of Return (Yacktman) % of 23.94% is 384.6% 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 Bossa Ticaret VEnayi Isletmeleri TAS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Forward Rate of Return (Yacktman) % is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bossa Ticaret VEnayi Isletmeleri TAS's current Forward Rate of Return (Yacktman) % is 23.94%, which is near median its own 10-year median of 22.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bossa Ticaret VEnayi Isletmeleri TAS stock overvalued right now?
Based on GuruFocus' analysis, Bossa Ticaret VEnayi Isletmeleri TAS (IST:BOSSA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺4.78, compared to a current price of ₺6.12 — trading 28% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 23.94%, which is near median its 10-year median of 22.04 and 384.6% above the Manufacturing - Apparel & Accessories industry median of 4.94. Bossa Ticaret VEnayi Isletmeleri TAS's overall GF Score™ is 59/100 with 8 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 Bossa Ticaret VEnayi Isletmeleri TAS (IST:BOSSA), the current Forward Rate of Return (Yacktman) % is 23.94% 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 Bossa Ticaret VEnayi Isletmeleri TAS (IST:BOSSA) Overvalued in 2026?

Based on GuruFocus' analysis, Bossa Ticaret VEnayi Isletmeleri TAS stock appears to be overvalued. The current stock price of ₺6.12 is trading 28% above its estimated GF Value™ of ₺4.78. GuruFocus considers Bossa Ticaret VEnayi Isletmeleri TAS to be Modestly Overvalued.

Key valuation signals for IST:BOSSA:

  • Forward Rate of Return (Yacktman) %: 23.94% (near median its 10-year median of 22.04)
  • GF Value™: ₺4.78 vs. price of ₺6.12 (28% above fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 384.6% above the Manufacturing - Apparel & Accessories median (#116 of 815)

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


Bossa Ticaret VEnayi Isletmeleri TAS Business Description

Address Celal Bayar Bulvari No. 3, Haci Sabanci Organize Sanayi Bolgesi Acidere OSB Mahallesi, Adana, TUR, 01410
Bossa Ticaret VE Sanayi Isletmeleri TAS is a Turkish based company, engages in the manufacture, market, and sale of fabrics and textile products. Its products include denim and sportswear for formal and smart casual wear and shirting fabrics, including dyed, printed and yarn-dyed clothing and cotton, polyester, nylon, linen, silk and wool blends. It manufactures and markets its finished fabrics through spinning, weaving and dying processes and exports its products to domestic market and overseas market.
59GF Score

Get the complete analysis for IST:BOSSA

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

₺6.12
Price
₺4.78
GF Value