Malta Properties Company (MAL:MPC) Forward Rate of Return (Yacktman) %: 3.54% (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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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.

MAL:MPC Malta Properties Company PLC MAL:MPC
56 GF Score
Price €0.42
GF Value €0.37
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Malta Properties Company Forward Rate of Return (Yacktman) %?

Malta Properties Company MAL:MPC 56 Forward Rate of Return (Yacktman) % is 3.54% as of Dec. 2025. GuruFocus rates MAL:MPC with a GF Score™ of 56/100 and a GF Value™ of €0.37 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,305 Real Estate companies, Malta Properties Company ranks worse than 56.93% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Malta Properties Company's forward rate of return for was 3.54%.

The historical rank and industry rank for Malta Properties Company's Forward Rate of Return (Yacktman) % or its related term are showing as below:

MAL:MPC' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -17.94   Med: -3.71   Max: 5.25
Current: 2.96

During the past 11 years, Malta Properties Company's highest Forward Rate of Return was 5.25. The lowest was -17.94. And the median was -3.71.

MAL:MPC's Forward Rate of Return (Yacktman) % is ranked worse than
56.93% of 1305 companies
in the Real Estate industry
Industry Median: 6.67 vs MAL:MPC: 2.96

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.


Malta Properties Company  (MAL:MPC) 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.


Malta Properties Company Forward Rate of Return (Yacktman) % Related Terms


Malta Properties Company Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Malta Properties Company'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.

Malta Properties Company Forward Rate of Return (Yacktman) % Chart

Malta Properties Company 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 -3.84 -18.05 -15.53 4.53 3.54

Malta Properties Company Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.00 4.53 0.00 3.54 0.00

MAL:MPC vs CBRE, BEKE, JLL: Forward Rate of Return (Yacktman) % Comparison

For the Real Estate Services subindustry, Malta Properties Company'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.


Malta Properties Company Forward Rate of Return (Yacktman) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Malta Properties Company's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Malta Properties Company's Forward Rate of Return (Yacktman) % falls into.


MAL:MPC
56GF Score
Malta Properties Company PLC MAL:MPC
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malta Properties Company 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).

Malta Properties Company's Forward Rate of Return of Dec. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.0145/0.36+-0.0049
=3.54 %

* 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 3.54% mean?
Malta Properties Company (MAL:MPC) has a Forward Rate of Return (Yacktman) % of 3.54% as of Dec. 2025. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Malta Properties Company and its competitors. According to the industry distribution chart, Malta Properties Company ranks #743 out of 1305 companies in the Real Estate industry, placing it in the top 56.9%.
Is Malta Properties Company's Forward Rate of Return (Yacktman) % too high?
Malta Properties Company's current Forward Rate of Return (Yacktman) % is 3.54%. The Real Estate industry median Forward Rate of Return (Yacktman) % is 6.67. Malta Properties Company's value of 3.54% is 46.9% below this industry median. Based on the distribution chart, Malta Properties Company ranks #743 out of 1305 companies in the Real Estate industry, which is below the industry midpoint. Overall, Malta Properties Company has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Malta Properties Company's Forward Rate of Return (Yacktman) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Malta Properties Company ranks #743 out of 1305 companies for Forward Rate of Return (Yacktman) %. This places Malta Properties Company in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 6.67. Malta Properties Company's value of 3.54% is 46.9% below this benchmark. 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 Real Estate company?
The median Forward Rate of Return (Yacktman) % among Real Estate companies is 6.67, 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. Malta Properties Company's current Forward Rate of Return (Yacktman) % of 3.54% is 46.9% 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 Malta Properties Company and its competitors. For the Real Estate industry, the median Forward Rate of Return (Yacktman) % is 6.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malta Properties Company's current Forward Rate of Return (Yacktman) % is 3.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malta Properties Company stock overvalued right now?
Based on GuruFocus' analysis, Malta Properties Company (MAL:MPC) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.37, compared to a current price of €0.42 — trading 13.5% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 3.54% and 46.9% below the Real Estate industry median of 6.67. Malta Properties Company's overall GF Score™ is 56/100 with 10 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 Malta Properties Company (MAL:MPC), the current Forward Rate of Return (Yacktman) % is 3.54% as of Dec. 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 Malta Properties Company (MAL:MPC) Overvalued in 2026?

Based on GuruFocus' analysis, Malta Properties Company stock appears to be overvalued. The current stock price of €0.42 is trading 13.5% above its estimated GF Value™ of €0.37. GuruFocus considers Malta Properties Company to be Modestly Overvalued.

Key valuation signals for MAL:MPC:

  • Forward Rate of Return (Yacktman) %: 3.54%
  • GF Value™: €0.37 vs. price of €0.42 (13.5% above fair value)
  • GF Score™: 56/100 with 10 warning signs
  • Industry Position: 46.9% below the Real Estate median (#743 of 1305)

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


Malta Properties Company Business Description

Address Triq Emvin Cremona Street, The Bastions, Floriana, MLT, FRN1281
Malta Properties Company PLC is a developer and owner of commercial properties in Malta. The company, through its subsidiaries, owns, manages, acquires, develops, redevelops, and leases commercial properties. It owns a portfolio of office buildings and industrial properties across different regions of Malta, which are leased out to blue-chip tenants with secure long-duration leases. The Group's activities are focused on long-term, income-generating real estate, predominantly leased to corporate tenants on medium to long-term contracts.
56GF Score

Get the complete analysis for MAL:MPC

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

€0.42
Price
€0.37
GF Value