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Sectra ABMIL:1SECT 74 Forward Rate of Return (Yacktman) % is 17.13% as of Apr. 2026, which is 12% above its 10-year median of 15.29. GuruFocus rates MIL:1SECT with a GF Score™ of 74/100 and a GF Value™ of €30.08 (Fairly Valued). Among 377 Medical Devices & Instruments companies, Sectra AB ranks better than 71.62% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Sectra AB's forward rate of return for was 17.13%.
The historical rank and industry rank for Sectra AB's Forward Rate of Return (Yacktman) % or its related term are showing as below:
MIL:1SECT'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 8.48 Med: 15.29 Max: 19.54
Current: 17.06
During the past 13 years, Sectra AB's highest Forward Rate of Return was 19.54. The lowest was 8.48. And the median was 15.29.
MIL:1SECT's Forward Rate of Return (Yacktman) % is ranked better than 71.62% of 377
companies
in the Medical Devices & Instruments industry
Industry Median: 8.23
vs MIL:1SECT: 17.06
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.
Sectra AB (MIL:1SECT) 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.
Sectra AB Forward Rate of Return (Yacktman) % Related Terms
Sectra AB Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Sectra AB'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.
Sectra AB Forward Rate of Return (Yacktman) % Chart
MIL:1SECT vs ABT, SYK, MDT: Forward Rate of Return (Yacktman) % Comparison
For the Medical Devices subindustry, Sectra AB'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.
Sectra AB Forward Rate of Return (Yacktman) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sectra AB's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Sectra AB's Forward Rate of Return (Yacktman) % falls into.
Sectra AB 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).
Sectra AB's Forward Rate of Return of Apr. 2026 is
Forward Rate of Return
=
Normalized Free Cash Flow
/
Price
+
5-Year EBITDA Growth Rate
=
0.252
/
0
+
0.1329
=
0 %
* 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 17.13% mean?
Sectra AB (MIL:1SECT) has a Forward Rate of Return (Yacktman) % of 17.13% as of Apr. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Sectra AB and its competitors. This is 12% above median its historical median of 15.29. Over the past decade, Sectra AB's Forward Rate of Return (Yacktman) % has ranged from 8.48 to 19.54. According to the industry distribution chart, Sectra AB ranks #107 out of 377 companies in the Medical Devices & Instruments industry, placing it in the top 28.4%.
Is Sectra AB's Forward Rate of Return (Yacktman) % too high?
Sectra AB's current Forward Rate of Return (Yacktman) % of 17.13% is 12% above median its 10-year median of 15.29. Over the past 10 years, this metric has ranged from a low of 8.48 to a high of 19.54. The Medical Devices & Instruments industry median Forward Rate of Return (Yacktman) % is 8.23. Sectra AB's value of 17.13% is 108.1% above this industry median. Based on the distribution chart, Sectra AB ranks #107 out of 377 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Sectra AB has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sectra AB's Forward Rate of Return (Yacktman) % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sectra AB ranks #107 out of 377 companies for Forward Rate of Return (Yacktman) %. This puts Sectra AB in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 8.23. Sectra AB's value of 17.13% is 108.1% above this benchmark. Historically, Sectra AB's own Forward Rate of Return (Yacktman) % has ranged from 8.48 to 19.54 over the past decade. While the company's 10-year median is 15.29 vs. the industry median of 8.23, Sectra AB 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 Medical Devices & Instruments company?
The median Forward Rate of Return (Yacktman) % among Medical Devices & Instruments companies is 8.23, based on 377 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. Sectra AB's current Forward Rate of Return (Yacktman) % of 17.13% is 108.1% 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 Sectra AB and its competitors. For the Medical Devices & Instruments industry, the median Forward Rate of Return (Yacktman) % is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sectra AB's current Forward Rate of Return (Yacktman) % is 17.13%, which is 12% above median its own 10-year median of 15.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sectra AB stock overvalued right now?
Based on GuruFocus' analysis, Sectra AB (MIL:1SECT) is currently considered Fairly Valued. The stock's GF Value™ is €30.08, compared to a current price of €27.38 — trading 9% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 17.13%, which is 12% above median its 10-year median of 15.29 and 108.1% above the Medical Devices & Instruments industry median of 8.23. Sectra AB's overall GF Score™ is 74/100. 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 Sectra AB (MIL:1SECT), the current Forward Rate of Return (Yacktman) % is 17.13% as of Apr. 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 Sectra AB (MIL:1SECT) Overvalued in 2026?
Based on GuruFocus' analysis, Sectra AB stock appears to be undervalued.
The current stock price of €27.38 is trading 9% below its estimated GF Value™ of €30.08.
GuruFocus considers Sectra AB to be Fairly Valued.
Key valuation signals for MIL:1SECT:
Forward Rate of Return (Yacktman) %: 17.13% (12% above median its 10-year median of 15.29)
GF Value™: €30.08 vs. price of €27.38 (9% below fair value)
Industry Position: 108.1% above the Medical Devices & Instruments median (#107 of 377)
No single metric tells the full story. See the MIL:1SECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sectra AB develops IT solutions and services for storing, viewing, and working with medical images. The operating business segments are Imaging IT Solutions, Secure Communications, Business Innovation, and Other Operations. It generates maximum revenue from the Imaging IT Solutions segment. The company also offers maintenance in the form of support, system monitoring, and consulting services related to integration, system design, data migration, and business development. Geographically, it derives a majority of its revenue from the United States, followed by Sweden, the United Kingdom, the Netherlands, the Rest of Europe, and the Rest of the world.
74GF 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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