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MS&AD Insurance Group HoldingsMSADF +10.64%80 Forward Rate of Return (Yacktman) % is 24.06% as of Mar. 2026, which is 101% above its 10-year median of 11.98. GuruFocus rates MSADF with a GF Score™ of 80/100 and a GF Value™ of $24.66 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 279 Insurance companies, MS&AD Insurance Group Holdings ranks better than 67.03% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. MS&AD Insurance Group Holdings's forward rate of return for was 24.06%.
The historical rank and industry rank for MS&AD Insurance Group Holdings's Forward Rate of Return (Yacktman) % or its related term are showing as below:
MSADF'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -26.92 Med: 11.98 Max: 51.97
Current: 23.28
During the past 13 years, MS&AD Insurance Group Holdings's highest Forward Rate of Return was 51.97. The lowest was -26.92. And the median was 11.98.
MSADF's Forward Rate of Return (Yacktman) % is ranked better than 67.03% of 279
companies
in the Insurance industry
Industry Median: 17.06
vs MSADF: 23.28
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.
MS&AD Insurance Group Holdings (OTCPK:MSADF) 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.
MS&AD Insurance Group Holdings Forward Rate of Return (Yacktman) % Related Terms
MS&AD Insurance Group Holdings Forward Rate of Return (Yacktman) % Historical Data
* 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.
MS&AD Insurance Group Holdings Forward Rate of Return (Yacktman) % Chart
MSADF vs CB, PGR, TRV: Forward Rate of Return (Yacktman) % Comparison
For the Insurance - Property & Casualty subindustry, MS&AD Insurance Group 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.
MS&AD Insurance Group Holdings Forward Rate of Return (Yacktman) % vs Insurance Industry
For the Insurance industry and Financial Services sector, MS&AD Insurance Group Holdings's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where MS&AD Insurance Group Holdings's Forward Rate of Return (Yacktman) % falls into.
MS&AD Insurance Group 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).
* 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 24.06% mean?
MS&AD Insurance Group Holdings (MSADF) has a Forward Rate of Return (Yacktman) % of 24.06% 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 MS&AD Insurance Group Holdings and its competitors. This is 101% above median its historical median of 11.98. According to the industry distribution chart, MS&AD Insurance Group Holdings ranks #92 out of 279 companies in the Insurance industry, placing it in the top 33%.
Is MS&AD Insurance Group Holdings' Forward Rate of Return (Yacktman) % too high?
MS&AD Insurance Group Holdings' current Forward Rate of Return (Yacktman) % of 24.06% is 101% above median its 10-year median of 11.98. The Insurance industry median Forward Rate of Return (Yacktman) % is 17.06. MS&AD Insurance Group Holdings' value of 24.06% is 41% above this industry median. Based on the distribution chart, MS&AD Insurance Group Holdings ranks #92 out of 279 companies in the Insurance industry, which is above the industry midpoint. Overall, MS&AD Insurance Group Holdings has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MS&AD Insurance Group Holdings' Forward Rate of Return (Yacktman) % compare to CB and PGR?
According to the Insurance industry distribution chart, MS&AD Insurance Group Holdings ranks #92 out of 279 companies for Forward Rate of Return (Yacktman) %. This puts MS&AD Insurance Group Holdings in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 17.06. MS&AD Insurance Group Holdings' value of 24.06% is 41% above this benchmark. While the company's 10-year median is 11.98 vs. the industry median of 17.06, MS&AD Insurance Group 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 an Insurance company?
The median Forward Rate of Return (Yacktman) % among Insurance companies is 17.06, based on 279 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. MS&AD Insurance Group Holdings's current Forward Rate of Return (Yacktman) % of 24.06% is 41% 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 MS&AD Insurance Group Holdings and its competitors. For the Insurance industry, the median Forward Rate of Return (Yacktman) % is 17.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MS&AD Insurance Group Holdings's current Forward Rate of Return (Yacktman) % is 24.06%, which is 101% above median its own 10-year median of 11.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MS&AD Insurance Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, MS&AD Insurance Group Holdings (MSADF) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.66, compared to a current price of $32.25 — trading 30.8% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 24.06%, which is 101% above median its 10-year median of 11.98 and 41% above the Insurance industry median of 17.06. MS&AD Insurance Group Holdings' overall GF Score™ is 80/100 with 4 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 MS&AD Insurance Group Holdings (MSADF), the current Forward Rate of Return (Yacktman) % is 24.06% 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 MS&AD Insurance Group Holdings (MSADF) Overvalued in 2026?
Based on GuruFocus' analysis, MS&AD Insurance Group Holdings stock appears to be overvalued.
The current stock price of $32.25 is trading 30.8% above its estimated GF Value™ of $24.66.
GuruFocus considers MS&AD Insurance Group Holdings to be Significantly Overvalued.
Key valuation signals for MSADF:
Forward Rate of Return (Yacktman) %: 24.06% (101% above median its 10-year median of 11.98)
GF Value™: $24.66 vs. price of $32.25 (30.8% above fair value)
Industry Position: 41% above the Insurance median (#92 of 279)
No single metric tells the full story. See the MSADF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MS&AD is Japan's largest domestic property and casualty insurer by market share, trailing Tokio Marine HCC in global scale. Domestically, it maintains a solid second-tier life presence. Overseas, MS&AD holds a dominant, profitable retail footprint in the Association of Southeast Asian Nations and is aggressively pivoting to US specialty lines via a milestone investment in W.R. Berkley, supported by MS Amlin's successful turnaround in global specialty markets.Domestically, MS&AD leverages deep corporate ties with Mitsui and Sumitomo, alongside an exclusive Toyota partnership that provides unparalleled advantages in capturing auto insurance customers and building advanced telematics data funnels.
80GF 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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