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Brown Advisory US SmallerLSE:BASC +0.31%42 Forward Rate of Return (Yacktman) % is 3.28% as of Jun. 2025, which is 69% below its 10-year median of 10.43. GuruFocus rates LSE:BASC with a GF Score™ of 42/100. The stock has 2 warning signs investors should review. Among 1,172 Asset Management companies, Brown Advisory US Smaller ranks worse than 54.1% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Brown Advisory US Smaller's forward rate of return for was 3.28%.
The historical rank and industry rank for Brown Advisory US Smaller's Forward Rate of Return (Yacktman) % or its related term are showing as below:
LSE:BASC'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 3.28 Med: 10.43 Max: 11.93
Current: 3.32
During the past 13 years, Brown Advisory US Smaller's highest Forward Rate of Return was 11.93. The lowest was 3.28. And the median was 10.43.
LSE:BASC's Forward Rate of Return (Yacktman) % is ranked worse than 54.1% of 1172
companies
in the Asset Management industry
Industry Median: 4.365
vs LSE:BASC: 3.32
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.
Brown Advisory US Smaller (LSE:BASC) 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 Book Value 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.
Brown Advisory US Smaller Forward Rate of Return (Yacktman) % Related Terms
Brown Advisory US Smaller Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Brown Advisory US Smaller'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.
Brown Advisory US Smaller Forward Rate of Return (Yacktman) % Chart
LSE:BASC vs BLK, BX, KKR: Forward Rate of Return (Yacktman) % Comparison
For the Asset Management subindustry, Brown Advisory US Smaller'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.
Brown Advisory US Smaller Forward Rate of Return (Yacktman) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Brown Advisory US Smaller's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Brown Advisory US Smaller's Forward Rate of Return (Yacktman) % falls into.
Brown Advisory US Smaller 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 3.28% mean?
Brown Advisory US Smaller (LSE:BASC) has a Forward Rate of Return (Yacktman) % of 3.28% as of Jun. 2025. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Brown Advisory US Smaller and its competitors. This is 69% below median its historical median of 10.43. Over the past decade, Brown Advisory US Smaller's Forward Rate of Return (Yacktman) % has ranged from 3.28 to 11.93. According to the industry distribution chart, Brown Advisory US Smaller ranks #634 out of 1172 companies in the Asset Management industry, placing it in the top 54.1%.
Is Brown Advisory US Smaller's Forward Rate of Return (Yacktman) % too high?
Brown Advisory US Smaller's current Forward Rate of Return (Yacktman) % of 3.28% is 69% below median its 10-year median of 10.43. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 11.93. The Asset Management industry median Forward Rate of Return (Yacktman) % is 4.37. Brown Advisory US Smaller's value of 3.28% is 24.9% below this industry median. Based on the distribution chart, Brown Advisory US Smaller ranks #634 out of 1172 companies in the Asset Management industry, which is below the industry midpoint. Overall, Brown Advisory US Smaller has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Brown Advisory US Smaller's Forward Rate of Return (Yacktman) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Brown Advisory US Smaller ranks #634 out of 1172 companies for Forward Rate of Return (Yacktman) %. This places Brown Advisory US Smaller in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 4.37. Brown Advisory US Smaller's value of 3.28% is 24.9% below this benchmark. Historically, Brown Advisory US Smaller's own Forward Rate of Return (Yacktman) % has ranged from 3.28 to 11.93 over the past decade. While the company's 10-year median is 10.43 vs. the industry median of 4.37, Brown Advisory US Smaller 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 an Asset Management company?
The median Forward Rate of Return (Yacktman) % among Asset Management companies is 4.37, based on 1,172 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. Brown Advisory US Smaller's current Forward Rate of Return (Yacktman) % of 3.28% is 24.9% 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 Brown Advisory US Smaller and its competitors. For the Asset Management industry, the median Forward Rate of Return (Yacktman) % is 4.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brown Advisory US Smaller's current Forward Rate of Return (Yacktman) % is 3.28%, which is 69% below median its own 10-year median of 10.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brown Advisory US Smaller stock overvalued right now?
Brown Advisory US Smaller (LSE:BASC) has a current Forward Rate of Return (Yacktman) % of 3.28%. The current Forward Rate of Return (Yacktman) % is 3.28%, which is 69% below median its 10-year median of 10.43 and 24.9% below the Asset Management industry median of 4.37. Brown Advisory US Smaller's overall GF Score™ is 42/100 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 Brown Advisory US Smaller (LSE:BASC), the current Forward Rate of Return (Yacktman) % is 3.28% as of Jun. 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.
Brown Advisory US Smaller Companies PLC is an investment trust. The company's main business is portfolio investment. Its investment objective is to achieve long-term capital growth by investing in a diversified portfolio of quoted U.S. smaller and medium-sized companies. The company's investing approach is long-term quality companies with limited downside risk. It focuses on capital preservation and a risk-averse approach. The company invests in consumer discretionary, consumer staples, energy, financial services, healthcare, materials and processing, producer durables, technology, and utilities sectors.
42GF Score
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