PT Wismilak Inti Makmur Tbk (ISX:WIIM) Forward Rate of Return (Yacktman) %: 21.98% (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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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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Charlie Tian
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.

ISX:WIIM PT Wismilak Inti Makmur Tbk ISX:WIIM
93 GF Score
Price Rp1,615.00
GF Value Rp1,655.93
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is PT Wismilak Inti Makmur Tbk Forward Rate of Return (Yacktman) %?

PT Wismilak Inti Makmur Tbk ISX:WIIM -2.77% 93 Forward Rate of Return (Yacktman) % is 21.98% as of Jun. 2026, which is 0% above its 10-year median of 21.95. GuruFocus rates ISX:WIIM with a GF Score™ of 93/100 and a GF Value™ of Rp1,655.93 (Fairly Valued). The stock has 2 warning signs investors should review. Among 32 Tobacco Products companies, PT Wismilak Inti Makmur Tbk ranks better than 84.37% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. PT Wismilak Inti Makmur Tbk's forward rate of return for was 21.98%.

The historical rank and industry rank for PT Wismilak Inti Makmur Tbk's Forward Rate of Return (Yacktman) % or its related term are showing as below:

ISX:WIIM' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -10.06   Med: 21.95   Max: 34.96
Current: 22.03

During the past 13 years, PT Wismilak Inti Makmur Tbk's highest Forward Rate of Return was 34.96. The lowest was -10.06. And the median was 21.95.

ISX:WIIM's Forward Rate of Return (Yacktman) % is ranked better than
84.37% of 32 companies
in the Tobacco Products industry
Industry Median: 9.77 vs ISX:WIIM: 22.03

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 Wismilak Inti Makmur Tbk  (ISX:WIIM) 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 Wismilak Inti Makmur Tbk Forward Rate of Return (Yacktman) % Related Terms


PT Wismilak Inti Makmur Tbk Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for PT Wismilak Inti Makmur 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 Wismilak Inti Makmur Tbk Forward Rate of Return (Yacktman) % Chart

PT Wismilak Inti Makmur Tbk 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 32.94 30.19 21.72 22.77 20.68

PT Wismilak Inti Makmur Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 22.98 21.88 20.68 21.32 21.98

ISX:WIIM vs PM, MO, TPB: Forward Rate of Return (Yacktman) % Comparison

For the Tobacco subindustry, PT Wismilak Inti Makmur 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 Wismilak Inti Makmur Tbk Forward Rate of Return (Yacktman) % vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, PT Wismilak Inti Makmur Tbk's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where PT Wismilak Inti Makmur Tbk's Forward Rate of Return (Yacktman) % falls into.


ISX:WIIM
93GF Score
PT Wismilak Inti Makmur Tbk ISX:WIIM
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Wismilak Inti Makmur 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).

PT Wismilak Inti Makmur Tbk's Forward Rate of Return of Jun. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=32.10514286/1620+0.2
=21.98 %

* 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 21.98% mean?
PT Wismilak Inti Makmur Tbk (ISX:WIIM) has a Forward Rate of Return (Yacktman) % of 21.98% 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 Wismilak Inti Makmur Tbk and its competitors. This is near median its historical median of 21.95. According to the industry distribution chart, PT Wismilak Inti Makmur Tbk ranks #5 out of 32 companies in the Tobacco Products industry, placing it in the top 15.6%.
Is PT Wismilak Inti Makmur Tbk's Forward Rate of Return (Yacktman) % too high?
PT Wismilak Inti Makmur Tbk's current Forward Rate of Return (Yacktman) % of 21.98% is near median its 10-year median of 21.95. The Tobacco Products industry median Forward Rate of Return (Yacktman) % is 9.77. PT Wismilak Inti Makmur Tbk's value of 21.98% is 125% above this industry median. Based on the distribution chart, PT Wismilak Inti Makmur Tbk ranks #5 out of 32 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, PT Wismilak Inti Makmur Tbk has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Wismilak Inti Makmur Tbk's Forward Rate of Return (Yacktman) % compare to PM and MO?
According to the Tobacco Products industry distribution chart, PT Wismilak Inti Makmur Tbk ranks #5 out of 32 companies for Forward Rate of Return (Yacktman) %. This places PT Wismilak Inti Makmur Tbk in the top 16% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 9.77. PT Wismilak Inti Makmur Tbk's value of 21.98% is 125% above this benchmark. While the company's 10-year median is 21.95 vs. the industry median of 9.77, PT Wismilak Inti Makmur 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 Tobacco Products company?
The median Forward Rate of Return (Yacktman) % among Tobacco Products companies is 9.77, based on 32 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 Wismilak Inti Makmur Tbk's current Forward Rate of Return (Yacktman) % of 21.98% is 125% 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 Wismilak Inti Makmur Tbk and its competitors. For the Tobacco Products industry, the median Forward Rate of Return (Yacktman) % is 9.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Wismilak Inti Makmur Tbk's current Forward Rate of Return (Yacktman) % is 21.98%, which is near median its own 10-year median of 21.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Wismilak Inti Makmur Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Wismilak Inti Makmur Tbk (ISX:WIIM) is currently considered Fairly Valued. The stock's GF Value™ is Rp1,655.93, compared to a current price of Rp1,615.00 — trading 2.5% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 21.98%, which is near median its 10-year median of 21.95 and 125% above the Tobacco Products industry median of 9.77. PT Wismilak Inti Makmur Tbk's overall GF Score™ is 93/100 with 2 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 Wismilak Inti Makmur Tbk (ISX:WIIM), the current Forward Rate of Return (Yacktman) % is 21.98% 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 Wismilak Inti Makmur Tbk (ISX:WIIM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Wismilak Inti Makmur Tbk stock appears to be undervalued. The current stock price of Rp1,615.00 is trading 2.5% below its estimated GF Value™ of Rp1,655.93. GuruFocus considers PT Wismilak Inti Makmur Tbk to be Fairly Valued.

Key valuation signals for ISX:WIIM:

  • Forward Rate of Return (Yacktman) %: 21.98% (near median its 10-year median of 21.95)
  • GF Value™: Rp1,655.93 vs. price of Rp1,615.00 (2.5% below fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 125% above the Tobacco Products median (#5 of 32)

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


PT Wismilak Inti Makmur Tbk Business Description

Address Jalan Dr. Soetomo No.27, Jawa Timur, Surabaya, IDN, 60264
PT Wismilak Inti Makmur Tbk is an Indonesian-based company operating in the cigarette industry. The company is engaged in the manufacture and sale of machine-rolled cigarettes (SKM), hand-rolled cigarettes (SKT), and related cigarette products. It also produces cigarette filters and oriented polypropylene packaging materials. Its product portfolio includes kretek cigarettes and cigars marketed under brands such as Galan, Diplomat, and Wismilak. The company generates revenue mainly from machine-rolled cigarettes, hand-rolled cigarettes, and filter & oriented polypropylene products, with the majority of its revenue derived from Indonesia.
93GF Score

Get the complete analysis for ISX:WIIM

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

Rp1,615.00
Price
Rp1,655.93
GF Value