MAWHF (Man Wah Holdings) Forward Rate of Return (Yacktman) %: 8.18% (As of Mar. 2026) — 40% Below Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
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.

MAWHF Man Wah Holdings Ltd MAWHF
55 GF Score
Price $0.40
GF Value $0.65
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Man Wah Holdings Forward Rate of Return (Yacktman) %?

Man Wah Holdings MAWHF -2.88% 55 Forward Rate of Return (Yacktman) % is 8.18% as of Mar. 2026, which is 40% below its 10-year median of 13.54. GuruFocus rates MAWHF with a GF Score™ of 55/100 and a GF Value™ of $0.65 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 330 Furnishings, Fixtures & Appliances companies, Man Wah Holdings ranks better than 61.52% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Man Wah Holdings's forward rate of return for was 8.18%.

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

MAWHF' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 7.99   Med: 13.54   Max: 25.36
Current: 11.14

During the past 13 years, Man Wah Holdings's highest Forward Rate of Return was 25.36. The lowest was 7.99. And the median was 13.54.

MAWHF's Forward Rate of Return (Yacktman) % is ranked better than
61.52% of 330 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.715 vs MAWHF: 11.14

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.


Man Wah Holdings  (OTCPK:MAWHF) 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.


Man Wah Holdings Forward Rate of Return (Yacktman) % Related Terms


Man Wah Holdings Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Man Wah Holdings'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.

Man Wah Holdings Forward Rate of Return (Yacktman) % Chart

Man Wah Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.70 13.29 13.74 12.68 8.18

Man Wah Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 13.74 0.00 12.68 0.00 8.18

MAWHF vs SN, SGI, MHK: Forward Rate of Return (Yacktman) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Man Wah Holdings'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.


Man Wah Holdings Forward Rate of Return (Yacktman) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Man Wah Holdings's Forward Rate of Return (Yacktman) % falls into.


MAWHF
55GF Score
Man Wah Holdings Ltd MAWHF
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Man Wah Holdings 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).

Man Wah Holdings's Forward Rate of Return of Mar. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.04216667/0.6+0.0043
=7.46 %

* 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 8.18% mean?
Man Wah Holdings (MAWHF) has a Forward Rate of Return (Yacktman) % of 8.18% as of Mar. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Man Wah Holdings and its competitors. This is 40% below median its historical median of 13.54. Over the past decade, Man Wah Holdings' Forward Rate of Return (Yacktman) % has ranged from 7.99 to 25.36. According to the industry distribution chart, Man Wah Holdings ranks #127 out of 330 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 38.5%.
Is Man Wah Holdings' Forward Rate of Return (Yacktman) % too high?
Man Wah Holdings' current Forward Rate of Return (Yacktman) % of 8.18% is 40% below median its 10-year median of 13.54. Over the past 10 years, this metric has ranged from a low of 7.99 to a high of 25.36. The Furnishings, Fixtures & Appliances industry median Forward Rate of Return (Yacktman) % is 5.72. Man Wah Holdings' value of 8.18% is 43.1% above this industry median. Based on the distribution chart, Man Wah Holdings ranks #127 out of 330 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Man Wah Holdings has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Man Wah Holdings' Forward Rate of Return (Yacktman) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Man Wah Holdings ranks #127 out of 330 companies for Forward Rate of Return (Yacktman) %. This puts Man Wah Holdings in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 5.72. Man Wah Holdings' value of 8.18% is 43.1% above this benchmark. Historically, Man Wah Holdings' own Forward Rate of Return (Yacktman) % has ranged from 7.99 to 25.36 over the past decade. While the company's 10-year median is 13.54 vs. the industry median of 5.72, Man Wah Holdings has consistently been above 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 Furnishings, Fixtures & Appliances company?
The median Forward Rate of Return (Yacktman) % among Furnishings, Fixtures & Appliances companies is 5.72, based on 330 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. Man Wah Holdings's current Forward Rate of Return (Yacktman) % of 8.18% is 43.1% above 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 Man Wah Holdings and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Forward Rate of Return (Yacktman) % is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Wah Holdings's current Forward Rate of Return (Yacktman) % is 8.18%, which is 40% below median its own 10-year median of 13.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Wah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Wah Holdings (MAWHF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.65, compared to a current price of $0.40 — trading 38.7% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 8.18%, which is 40% below median its 10-year median of 13.54 and 43.1% above the Furnishings, Fixtures & Appliances industry median of 5.72. Man Wah Holdings' overall GF Score™ is 55/100 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 Man Wah Holdings (MAWHF), the current Forward Rate of Return (Yacktman) % is 8.18% as of Mar. 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 Man Wah Holdings (MAWHF) Overvalued in 2026?

Based on GuruFocus' analysis, Man Wah Holdings stock appears to be undervalued. The current stock price of $0.40 is trading 38.7% below its estimated GF Value™ of $0.65. GuruFocus considers Man Wah Holdings to be Significantly Undervalued.

Key valuation signals for MAWHF:

  • Forward Rate of Return (Yacktman) %: 8.18% (40% below median its 10-year median of 13.54)
  • GF Value™: $0.65 vs. price of $0.40 (38.7% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 43.1% above the Furnishings, Fixtures & Appliances median (#127 of 330)

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


Man Wah Holdings Business Description

Address 10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG
Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau) and also ahs its presence in North America, Europe and others.
55GF Score

Get the complete analysis for MAWHF

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

$0.40
Price
$0.65
GF Value