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PT Astra International TbkISX:ASII +1.49%95 Forward Rate of Return (Yacktman) % is 23.40% as of Jun. 2026, which is 68% above its 10-year median of 13.91. GuruFocus rates ISX:ASII with a GF Score™ of 95/100 and a GF Value™ of Rp5,194.70 (Fairly Valued). The stock has 4 warning signs investors should review. Among 425 Conglomerates companies, PT Astra International Tbk ranks better than 76.94% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. PT Astra International Tbk's forward rate of return for was 23.40%.
The historical rank and industry rank for PT Astra International Tbk's Forward Rate of Return (Yacktman) % or its related term are showing as below:
ISX:ASII'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -4.15 Med: 13.91 Max: 33.12
Current: 22.08
During the past 13 years, PT Astra International Tbk's highest Forward Rate of Return was 33.12. The lowest was -4.15. And the median was 13.91.
ISX:ASII's Forward Rate of Return (Yacktman) % is ranked better than 76.94% of 425
companies
in the Conglomerates industry
Industry Median: 13.56
vs ISX:ASII: 22.08
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.
PT Astra International Tbk (ISX:ASII) 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.
PT Astra International Tbk Forward Rate of Return (Yacktman) % Related Terms
PT Astra International Tbk Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for PT Astra International Tbk'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.
PT Astra International Tbk Forward Rate of Return (Yacktman) % Chart
ISX:ASII vs MMM, HON: Forward Rate of Return (Yacktman) % Comparison
For the Conglomerates subindustry, PT Astra International Tbk'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.
PT Astra International Tbk Forward Rate of Return (Yacktman) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, PT Astra International Tbk's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where PT Astra International Tbk's Forward Rate of Return (Yacktman) % falls into.
PT Astra International Tbk 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 23.40% mean?
PT Astra International Tbk (ISX:ASII) has a Forward Rate of Return (Yacktman) % of 23.40% as of Jun. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on PT Astra International Tbk and its competitors. This is 68% above median its historical median of 13.91. According to the industry distribution chart, PT Astra International Tbk ranks #98 out of 425 companies in the Conglomerates industry, placing it in the top 23.1%.
Is PT Astra International Tbk's Forward Rate of Return (Yacktman) % too high?
PT Astra International Tbk's current Forward Rate of Return (Yacktman) % of 23.40% is 68% above median its 10-year median of 13.91. The Conglomerates industry median Forward Rate of Return (Yacktman) % is 13.56. PT Astra International Tbk's value of 23.40% is 72.6% above this industry median. Based on the distribution chart, PT Astra International Tbk ranks #98 out of 425 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, PT Astra International Tbk has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Astra International Tbk's Forward Rate of Return (Yacktman) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, PT Astra International Tbk ranks #98 out of 425 companies for Forward Rate of Return (Yacktman) %. This places PT Astra International Tbk in the top 23% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 13.56. PT Astra International Tbk's value of 23.40% is 72.6% above this benchmark. While the company's 10-year median is 13.91 vs. the industry median of 13.56, PT Astra International Tbk 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 13.56, based on 425 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. PT Astra International Tbk's current Forward Rate of Return (Yacktman) % of 23.40% is 72.6% 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 PT Astra International Tbk and its competitors. For the Conglomerates industry, the median Forward Rate of Return (Yacktman) % is 13.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Astra International Tbk's current Forward Rate of Return (Yacktman) % is 23.40%, which is 68% above median its own 10-year median of 13.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Astra International Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Astra International Tbk (ISX:ASII) is currently considered Fairly Valued. The stock's GF Value™ is Rp5,194.70, compared to a current price of Rp5,100.00 — trading 1.8% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 23.40%, which is 68% above median its 10-year median of 13.91 and 72.6% above the Conglomerates industry median of 13.56. PT Astra International Tbk's overall GF Score™ is 95/100 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 PT Astra International Tbk (ISX:ASII), the current Forward Rate of Return (Yacktman) % is 23.40% as of Jun. 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 PT Astra International Tbk (ISX:ASII) Overvalued in 2026?
Based on GuruFocus' analysis, PT Astra International Tbk stock appears to be undervalued.
The current stock price of Rp5,100.00 is trading 1.8% below its estimated GF Value™ of Rp5,194.70.
GuruFocus considers PT Astra International Tbk to be Fairly Valued.
Key valuation signals for ISX:ASII:
Forward Rate of Return (Yacktman) %: 23.40% (68% above median its 10-year median of 13.91)
GF Value™: Rp5,194.70 vs. price of Rp5,100.00 (1.8% below fair value)
Industry Position: 72.6% above the Conglomerates median (#98 of 425)
No single metric tells the full story. See the ISX:ASII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Astra International Tbk Indonesia-based conglomerate of companies operating in seven segments: Automotive and mobility, Financial Services, Energy (HEMCE), Agribusiness, Infrastructure, Information Technology, and Property. The company generates maximum revenue from Energy Segment. In automotive, Astra International offers car brands including Toyota, Daihatsu, Isuzu, BMW, Peugeot, UD Trucks, and Honda motorcycles. The company also offers car maintenance and services via its distribution network. Financial services support financing for Astra's other business segments. Heavy equipment and mining consist of three core activities: construction machinery, mining contracting, and coal mining, and other activities.
95GF Score
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