Kaluga Powerle Co PJSC (MIC:KLSB) Forward Rate of Return (Yacktman) %: 20.66% (As of Dec. 2022)

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Director of Data and Quant Analytics at GuruFocus
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MIC:KLSB Kaluga Power Sale Co PJSC MIC:KLSB
17 GF Score
Price ₽19.37
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What is Kaluga Powerle Co PJSC Forward Rate of Return (Yacktman) %?

Kaluga Powerle Co PJSC MIC:KLSB +0.99% 17 Forward Rate of Return (Yacktman) % is 20.66% as of Dec. 2022. GuruFocus rates MIC:KLSB with a GF Score™ of 17/100.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Kaluga Powerle Co PJSC's forward rate of return for was 20.66%.

The historical rank and industry rank for Kaluga Powerle Co PJSC's Forward Rate of Return (Yacktman) % or its related term are showing as below:

MIC:KLSB's Forward Rate of Return (Yacktman) % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 6.5
* Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.

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.


Kaluga Powerle Co PJSC  (MIC:KLSB) 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.


Kaluga Powerle Co PJSC Forward Rate of Return (Yacktman) % Related Terms


Kaluga Powerle Co PJSC Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Kaluga Powerle Co PJSC'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.

Kaluga Powerle Co PJSC Forward Rate of Return (Yacktman) % Chart

Kaluga Powerle Co PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.27 5.51 4.34 -2.27 20.66

Kaluga Powerle Co PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -2.27 0.00 20.66 0.00

MIC:KLSB vs NEE, SO, DUK: Forward Rate of Return (Yacktman) % Comparison

For the Utilities - Regulated Electric subindustry, Kaluga Powerle Co PJSC'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.


Kaluga Powerle Co PJSC Forward Rate of Return (Yacktman) % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kaluga Powerle Co PJSC's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Kaluga Powerle Co PJSC's Forward Rate of Return (Yacktman) % falls into.


MIC:KLSB
17GF Score
Kaluga Power Sale Co PJSC MIC:KLSB
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kaluga Powerle Co PJSC 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).

Kaluga Powerle Co PJSC's Forward Rate of Return of Dec. 2022 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.582/9.16+0.1431
=20.66 %

* 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 20.66% mean?
Kaluga Powerle Co PJSC (MIC:KLSB) has a Forward Rate of Return (Yacktman) % of 20.66% as of Dec. 2022. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Kaluga Powerle Co PJSC and its competitors.
Is Kaluga Powerle Co PJSC's Forward Rate of Return (Yacktman) % too high?
Kaluga Powerle Co PJSC's current Forward Rate of Return (Yacktman) % is 20.66%. The Utilities - Regulated industry median Forward Rate of Return (Yacktman) % is 6.50. Kaluga Powerle Co PJSC's value of 20.66% is 217.8% above this industry median. Overall, Kaluga Powerle Co PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Kaluga Powerle Co PJSC's Forward Rate of Return (Yacktman) % compare to NEE and SO?
Kaluga Powerle Co PJSC's Forward Rate of Return (Yacktman) % of 20.66% can be compared against companies in the Utilities - Regulated industry. The industry median Forward Rate of Return (Yacktman) % is 6.50. Kaluga Powerle Co PJSC's value of 20.66% is 217.8% above 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 an Utilities - Regulated company?
The median Forward Rate of Return (Yacktman) % among Utilities - Regulated companies is 6.50, based on 425 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. Kaluga Powerle Co PJSC's current Forward Rate of Return (Yacktman) % of 20.66% is 217.8% 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 Kaluga Powerle Co PJSC and its competitors. For the Utilities - Regulated industry, the median Forward Rate of Return (Yacktman) % is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaluga Powerle Co PJSC's current Forward Rate of Return (Yacktman) % is 20.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaluga Powerle Co PJSC stock overvalued right now?
Kaluga Powerle Co PJSC (MIC:KLSB) has a current Forward Rate of Return (Yacktman) % of 20.66%. The current Forward Rate of Return (Yacktman) % is 20.66% and 217.8% above the Utilities - Regulated industry median of 6.50. Kaluga Powerle Co PJSC's overall GF Score™ is 17/100. 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 Kaluga Powerle Co PJSC (MIC:KLSB), the current Forward Rate of Return (Yacktman) % is 20.66% as of Dec. 2022. 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.

Kaluga Powerle Co PJSC Business Description

Address Suvorov Lane, 8, Kaluga, RUS, 248001
Kaluga Power Sale Co PJSC is a guaranteeing supplier of electrical energy in the territory of the Kaluga region.
17GF 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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