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KDX Realty InvestmentKDXRF 80 Forward Rate of Return (Yacktman) % is 5.83% as of Oct. 2025, which is 58% above its 10-year median of 3.69. GuruFocus rates KDXRF with a GF Score™ of 80/100 and a GF Value™ of $2,521.52. The stock has 4 warning signs investors should review. Among 636 REITs companies, KDX Realty Investment ranks worse than 55.35% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. KDX Realty Investment's forward rate of return for was 5.83%.
The historical rank and industry rank for KDX Realty Investment's Forward Rate of Return (Yacktman) % or its related term are showing as below:
KDXRF'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -11.67 Med: 3.69 Max: 8.04
Current: 6.16
During the past 13 years, KDX Realty Investment's highest Forward Rate of Return was 8.04. The lowest was -11.67. And the median was 3.69.
KDXRF's Forward Rate of Return (Yacktman) % is ranked worse than 55.35% of 636
companies
in the REITs industry
Industry Median: 7.955
vs KDXRF: 6.16
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.
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.
KDX Realty Investment Forward Rate of Return (Yacktman) % Related Terms
KDX Realty Investment Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for KDX Realty Investment'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.
KDX Realty Investment Forward Rate of Return (Yacktman) % Chart
KDXRF vs VICI, WPC: Forward Rate of Return (Yacktman) % Comparison
For the REIT - Diversified subindustry, KDX Realty Investment'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.
KDX Realty Investment Forward Rate of Return (Yacktman) % vs REITs Industry
For the REITs industry and Real Estate sector, KDX Realty Investment's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where KDX Realty Investment's Forward Rate of Return (Yacktman) % falls into.
KDX Realty Investment 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 5.83% mean?
KDX Realty Investment (KDXRF) has a Forward Rate of Return (Yacktman) % of 5.83% as of Oct. 2025. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on KDX Realty Investment and its competitors. This is 58% above median its historical median of 3.69. According to the industry distribution chart, KDX Realty Investment ranks #352 out of 636 companies in the REITs industry, placing it in the top 55.3%.
Is KDX Realty Investment's Forward Rate of Return (Yacktman) % too high?
KDX Realty Investment's current Forward Rate of Return (Yacktman) % of 5.83% is 58% above median its 10-year median of 3.69. The REITs industry median Forward Rate of Return (Yacktman) % is 7.96. KDX Realty Investment's value of 5.83% is 26.7% below this industry median. Based on the distribution chart, KDX Realty Investment ranks #352 out of 636 companies in the REITs industry, which is below the industry midpoint. Overall, KDX Realty Investment has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does KDX Realty Investment's Forward Rate of Return (Yacktman) % compare to VICI and WPC?
According to the REITs industry distribution chart, KDX Realty Investment ranks #352 out of 636 companies for Forward Rate of Return (Yacktman) %. This places KDX Realty Investment in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 7.96. KDX Realty Investment's value of 5.83% is 26.7% below this benchmark. While the company's 10-year median is 3.69 vs. the industry median of 7.96, KDX Realty Investment 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 REITs company?
The median Forward Rate of Return (Yacktman) % among REITs companies is 7.96, based on 636 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. KDX Realty Investment's current Forward Rate of Return (Yacktman) % of 5.83% is 26.7% 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 KDX Realty Investment and its competitors. For the REITs industry, the median Forward Rate of Return (Yacktman) % is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KDX Realty Investment's current Forward Rate of Return (Yacktman) % is 5.83%, which is 58% above median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KDX Realty Investment stock overvalued right now?
KDX Realty Investment (KDXRF) has a current Forward Rate of Return (Yacktman) % of 5.83%. The stock's GF Value™ is $2,521.52, compared to a current price of $2,342.50 — trading 7.1% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 5.83%, which is 58% above median its 10-year median of 3.69 and 26.7% below the REITs industry median of 7.96. KDX Realty Investment's overall GF Score™ is 80/100 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 KDX Realty Investment (KDXRF), the current Forward Rate of Return (Yacktman) % is 5.83% as of Oct. 2025. 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 KDX Realty Investment (KDXRF) Overvalued in 2026?
Based on GuruFocus' analysis, KDX Realty Investment stock appears to be undervalued.
The current stock price of $2,342.50 is trading 7.1% below its estimated GF Value™ of $2,521.52.
Key valuation signals for KDXRF:
Forward Rate of Return (Yacktman) %: 5.83% (58% above median its 10-year median of 3.69)
GF Value™: $2,521.52 vs. price of $2,342.50 (7.1% below fair value)
Industry Position: 26.7% below the REITs median (#352 of 636)
No single metric tells the full story. See the KDXRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KDX Realty Investment Corp is a Japan-based real estate investment trust. It is engaged in the business of investing in office and residential buildings. The company has around 100 properties, which include Mid-sized Office Buildings and other office buildings, central urban properties, residential properties, and others. The company owns properties in 5 Central wards of Tokyo, Tokyo Metropolitan area, and other regional areas.
80GF Score
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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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