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.
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.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. PT Indika Energy Tbk's forward rate of return for was -9.65%.
The historical rank and industry rank for PT Indika Energy Tbk's Forward Rate of Return (Yacktman) % or its related term are showing as below:
ISX:INDY'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -16.31 Med: 460613.38 Max: 752009.59
Current: -16.31
During the past 13 years, PT Indika Energy Tbk's highest Forward Rate of Return was 752009.59. The lowest was -16.31. And the median was 460613.38.
ISX:INDY's Forward Rate of Return (Yacktman) % is ranked worse than 80.9% of 89
companies
in the Other Energy Sources industry
Industry Median: 8.44
vs ISX:INDY: -16.31
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 Indika Energy Tbk (ISX:INDY) 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 Indika Energy Tbk Forward Rate of Return (Yacktman) % Related Terms
PT Indika Energy Tbk Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for PT Indika Energy 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 Indika Energy Tbk Forward Rate of Return (Yacktman) % Chart
PT Indika Energy Tbk Forward Rate of Return (Yacktman) % Competitor Comparison
For the Thermal Coal subindustry, PT Indika Energy 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 Indika Energy Tbk Forward Rate of Return (Yacktman) % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Indika Energy Tbk's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where PT Indika Energy Tbk's Forward Rate of Return (Yacktman) % falls into.
PT Indika Energy 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 -9.65% mean?
PT Indika Energy Tbk (ISX:INDY) has a Forward Rate of Return (Yacktman) % of -9.65% 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 Indika Energy Tbk and its competitors. According to the industry distribution chart, PT Indika Energy Tbk ranks #72 out of 89 companies in the Other Energy Sources industry, placing it in the top 80.9%.
Is PT Indika Energy Tbk's Forward Rate of Return (Yacktman) % too high?
PT Indika Energy Tbk's current Forward Rate of Return (Yacktman) % is -9.65%. Based on the distribution chart, PT Indika Energy Tbk ranks #72 out of 89 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, PT Indika Energy Tbk has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Indika Energy Tbk's Forward Rate of Return (Yacktman) % compare to competitors?
According to the Other Energy Sources industry distribution chart, PT Indika Energy Tbk ranks #72 out of 89 companies for Forward Rate of Return (Yacktman) %. This places PT Indika Energy Tbk in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 8.44. 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 an Other Energy Sources company?
The median Forward Rate of Return (Yacktman) % among Other Energy Sources companies is 8.44, based on 89 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. 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 Indika Energy Tbk and its competitors. For the Other Energy Sources industry, the median Forward Rate of Return (Yacktman) % is 8.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indika Energy Tbk's current Forward Rate of Return (Yacktman) % is -9.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indika Energy Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indika Energy Tbk (ISX:INDY) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp1,381.77, compared to a current price of Rp2,650.00 — trading 91.8% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is -9.65%. PT Indika Energy Tbk's overall GF Score™ is 73/100 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 PT Indika Energy Tbk (ISX:INDY), the current Forward Rate of Return (Yacktman) % is -9.65% 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 Indika Energy Tbk (ISX:INDY) Overvalued in 2026?
Based on GuruFocus' analysis, PT Indika Energy Tbk stock appears to be overvalued.
The current stock price of Rp2,650.00 is trading 91.8% above its estimated GF Value™ of Rp1,381.77.
GuruFocus considers PT Indika Energy Tbk to be Significantly Overvalued.
Key valuation signals for ISX:INDY:
Forward Rate of Return (Yacktman) %: -9.65%
GF Value™: Rp1,381.77 vs. price of Rp2,650.00 (91.8% above fair value)
No single metric tells the full story. See the ISX:INDY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Indika Energy Tbk is an Indonesia-based integrated energy company engaged in exploring, producing, and processing coal. The company and its subsidiaries are principally organized and based on Energy resources, Energy services, Logistics and infrastructure, Green business, Mineral, Digital Ventures, and Other segments. The company derives maximum revenue from Energy resources engaged in the field exploration of coal resources, production, and trading.
73GF Score
Get the complete analysis for ISX:INDY
Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:INDY has been successfully added to your 
