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Jiangsu Expressway CoJEXYY 79 Forward Rate of Return (Yacktman) % is 4.30% as of Jun. 2026, which is 55% below its 10-year median of 9.63. GuruFocus rates JEXYY with a GF Score™ of 79/100 and a GF Value™ of $26.77 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,305 Construction companies, Jiangsu Expressway Co ranks worse than 58.08% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Jiangsu Expressway Co's forward rate of return for was 4.30%.
The historical rank and industry rank for Jiangsu Expressway Co's Forward Rate of Return (Yacktman) % or its related term are showing as below:
JEXYY'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -0.34 Med: 9.63 Max: 18.48
Current: 4.29
During the past 13 years, Jiangsu Expressway Co's highest Forward Rate of Return was 18.48. The lowest was -0.34. And the median was 9.63.
JEXYY's Forward Rate of Return (Yacktman) % is ranked worse than 58.08% of 1305
companies
in the Construction industry
Industry Median: 8.95
vs JEXYY: 4.29
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.
Jiangsu Expressway Co (OTCPK:JEXYY) 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.
Jiangsu Expressway Co Forward Rate of Return (Yacktman) % Related Terms
Jiangsu Expressway Co Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Jiangsu Expressway Co'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.
Jiangsu Expressway Co Forward Rate of Return (Yacktman) % Chart
Jiangsu Expressway Co Forward Rate of Return (Yacktman) % Competitor Comparison
For the Infrastructure Operations subindustry, Jiangsu Expressway Co'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.
Jiangsu Expressway Co Forward Rate of Return (Yacktman) % vs Construction Industry
For the Construction industry and Industrials sector, Jiangsu Expressway Co's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Jiangsu Expressway Co's Forward Rate of Return (Yacktman) % falls into.
Jiangsu Expressway Co 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 4.30% mean?
Jiangsu Expressway Co (JEXYY) has a Forward Rate of Return (Yacktman) % of 4.30% 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 Jiangsu Expressway Co and its competitors. This is 55% below median its historical median of 9.63. According to the industry distribution chart, Jiangsu Expressway Co ranks #758 out of 1305 companies in the Construction industry, placing it in the top 58.1%.
Is Jiangsu Expressway Co's Forward Rate of Return (Yacktman) % too high?
Jiangsu Expressway Co's current Forward Rate of Return (Yacktman) % of 4.30% is 55% below median its 10-year median of 9.63. The Construction industry median Forward Rate of Return (Yacktman) % is 8.95. Jiangsu Expressway Co's value of 4.30% is 52% below this industry median. Based on the distribution chart, Jiangsu Expressway Co ranks #758 out of 1305 companies in the Construction industry, which is below the industry midpoint. Overall, Jiangsu Expressway Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Expressway Co's Forward Rate of Return (Yacktman) % compare to competitors?
According to the Construction industry distribution chart, Jiangsu Expressway Co ranks #758 out of 1305 companies for Forward Rate of Return (Yacktman) %. This places Jiangsu Expressway Co in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 8.95. Jiangsu Expressway Co's value of 4.30% is 52% below this benchmark. While the company's 10-year median is 9.63 vs. the industry median of 8.95, Jiangsu Expressway Co has consistently been below 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 Construction company?
The median Forward Rate of Return (Yacktman) % among Construction companies is 8.95, based on 1,305 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. Jiangsu Expressway Co's current Forward Rate of Return (Yacktman) % of 4.30% is 52% below 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 Jiangsu Expressway Co and its competitors. For the Construction industry, the median Forward Rate of Return (Yacktman) % is 8.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Expressway Co's current Forward Rate of Return (Yacktman) % is 4.30%, which is 55% below median its own 10-year median of 9.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Expressway Co (JEXYY) is currently considered Fairly Valued. The stock's GF Value™ is $26.77, compared to a current price of $24.67 — trading 7.9% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 4.30%, which is 55% below median its 10-year median of 9.63 and 52% below the Construction industry median of 8.95. Jiangsu Expressway Co's overall GF Score™ is 79/100 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 Jiangsu Expressway Co (JEXYY), the current Forward Rate of Return (Yacktman) % is 4.30% 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 Jiangsu Expressway Co (JEXYY) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Expressway Co stock appears to be undervalued.
The current stock price of $24.67 is trading 7.9% below its estimated GF Value™ of $26.77.
GuruFocus considers Jiangsu Expressway Co to be Fairly Valued.
Key valuation signals for JEXYY:
Forward Rate of Return (Yacktman) %: 4.30% (55% below median its 10-year median of 9.63)
GF Value™: $26.77 vs. price of $24.67 (7.9% below fair value)
Industry Position: 52% below the Construction median (#758 of 1305)
No single metric tells the full story. See the JEXYY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Expressway Co Ltd is principally engaged in the investment, construction, operation and management of toll roads and bridges in Jiangsu Province and the development of service areas along expressways. It operates through the following segments: Shanghai-Nanjing Expressway, Ningchang Expressway and Zhenli Expressway, Guangjing Expressway and Xicheng Expressway, Xiyi Expressway and Wuxi Huantaihu Expressway, Zhendan Expressway, Wufengshan Bridge, Changyi Expressway, Yichang Expressway, Longtan Bridge, Xitai Expressway, Danjin Expressway, ancillary services (including petrol, food and retail in service zones along the expressways), real estate development, sales of electricity and advertising and others. The Shanghai-Nanjing Expressway is the maximum revenue driver.
79GF Score
Get the complete analysis for JEXYY
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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