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Legacy HousingLEGH -1.23%77 Forward Rate of Return (Yacktman) % is 0.80% as of Jun. 2026, which is 96% below its 10-year median of 19.32. GuruFocus rates LEGH with a GF Scoreâ„¢ of 77/100 and a GF Valueâ„¢ of $25.93 (Fairly Valued). The stock has 5 warning signs investors should review. Among 73 Homebuilding & Construction companies, Legacy Housing ranks worse than 58.9% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Legacy Housing's forward rate of return for was 0.80%.
The historical rank and industry rank for Legacy Housing's Forward Rate of Return (Yacktman) % or its related term are showing as below:
LEGH'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 0.48 Med: 19.32 Max: 21.14
Current: 0.65
During the past 10 years, Legacy Housing's highest Forward Rate of Return was 21.14. The lowest was 0.48. And the median was 19.32.
LEGH's Forward Rate of Return (Yacktman) % is ranked worse than 58.9% of 73
companies
in the Homebuilding & Construction industry
Industry Median: 3.47
vs LEGH: 0.65
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.
Legacy Housing (NAS:LEGH) 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.
Legacy Housing Forward Rate of Return (Yacktman) % Related Terms
Legacy Housing Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Legacy Housing'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.
Legacy Housing Forward Rate of Return (Yacktman) % Chart
LEGH vs HOV, BZH, VNJA: Forward Rate of Return (Yacktman) % Comparison
For the Residential Construction subindustry, Legacy Housing'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.
Legacy Housing Forward Rate of Return (Yacktman) % vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Legacy Housing's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Legacy Housing's Forward Rate of Return (Yacktman) % falls into.
Legacy Housing 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 0.80% mean?
Legacy Housing (LEGH) has a Forward Rate of Return (Yacktman) % of 0.80% 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 Legacy Housing and its competitors. This is 96% below median its historical median of 19.32. Over the past decade, Legacy Housing's Forward Rate of Return (Yacktman) % has ranged from 0.48 to 21.14. According to the industry distribution chart, Legacy Housing ranks #43 out of 73 companies in the Homebuilding & Construction industry, placing it in the top 58.9%.
Is Legacy Housing's Forward Rate of Return (Yacktman) % too high?
Legacy Housing's current Forward Rate of Return (Yacktman) % of 0.80% is 96% below median its 10-year median of 19.32. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 21.14. The Homebuilding & Construction industry median Forward Rate of Return (Yacktman) % is 3.47. Legacy Housing's value of 0.80% is 76.9% below this industry median. Based on the distribution chart, Legacy Housing ranks #43 out of 73 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, Legacy Housing has a GF Scoreâ„¢ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Legacy Housing's Forward Rate of Return (Yacktman) % compare to HOV and BZH?
According to the Homebuilding & Construction industry distribution chart, Legacy Housing ranks #43 out of 73 companies for Forward Rate of Return (Yacktman) %. This places Legacy Housing in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 3.47. Legacy Housing's value of 0.80% is 76.9% below this benchmark. Historically, Legacy Housing's own Forward Rate of Return (Yacktman) % has ranged from 0.48 to 21.14 over the past decade. While the company's 10-year median is 19.32 vs. the industry median of 3.47, Legacy Housing 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 Homebuilding & Construction company?
The median Forward Rate of Return (Yacktman) % among Homebuilding & Construction companies is 3.47, based on 73 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. Legacy Housing's current Forward Rate of Return (Yacktman) % of 0.80% is 76.9% 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 Legacy Housing and its competitors. For the Homebuilding & Construction industry, the median Forward Rate of Return (Yacktman) % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legacy Housing's current Forward Rate of Return (Yacktman) % is 0.80%, which is 96% below median its own 10-year median of 19.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Housing stock overvalued right now?
Based on GuruFocus' analysis, Legacy Housing (LEGH) is currently considered Fairly Valued. The stock's GF Value™ is $25.93, compared to a current price of $27.25 — trading 5.1% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 0.80%, which is 96% below median its 10-year median of 19.32 and 76.9% below the Homebuilding & Construction industry median of 3.47. Legacy Housing's overall GF Score™ is 77/100 with 5 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 Legacy Housing (LEGH), the current Forward Rate of Return (Yacktman) % is 0.80% 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 Legacy Housing (LEGH) Overvalued in 2026?
Based on GuruFocus' analysis, Legacy Housing stock appears to be overvalued.
The current stock price of $27.25 is trading 5.1% above its estimated GF Value™ of $25.93.
GuruFocus considers Legacy Housing to be Fairly Valued.
Key valuation signals for LEGH:
Forward Rate of Return (Yacktman) %: 0.80% (96% below median its 10-year median of 19.32)
GF Value™: $25.93 vs. price of $27.25 (5.1% above fair value)
Industry Position: 76.9% below the Homebuilding & Construction median (#43 of 73)
No single metric tells the full story. See the LEGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Legacy Housing Corp builds, sells, and finances manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores, and are also sold directly to manufactured home communities. The Company manufactures and provides for the transport of manufactured homes, provides wholesale financing to dealers and mobile home parks, provides retail financing to consumers, and is involved in financing and developing new manufactured home communities. The Company manufactures its mobile homes at plants in Fort Worth, Texas; Commerce, Texas; and Eatonton, Georgia. The Company also sells homes directly to consumers, through its own retail stores, and to dealers and mobile home parks.
77GF Score
Get the complete analysis for LEGH
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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