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Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Al Maha Petroleum Products Marketing CoOG's forward rate of return for was 10.16%.
MUS:MHAS's Forward Rate of Return (Yacktman) % is ranked worse than 57.4% of 608
companies
in the Oil & Gas industry
Industry Median: 13.245
vs MUS:MHAS: 10.16
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.
Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) 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.
Al Maha Petroleum Products Marketing CoOG Forward Rate of Return (Yacktman) % Related Terms
Al Maha Petroleum Products Marketing CoOG 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.
Al Maha Petroleum Products Marketing CoOG Forward Rate of Return (Yacktman) % Chart
Al Maha Petroleum Products Marketing CoOG Annual Data
MUS:MHAS vs MPC, VLO, PSX: Forward Rate of Return (Yacktman) % Comparison
For the Oil & Gas Refining & Marketing subindustry, Al Maha Petroleum Products Marketing CoOG'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.
Al Maha Petroleum Products Marketing CoOG Forward Rate of Return (Yacktman) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Al Maha Petroleum Products Marketing CoOG's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Al Maha Petroleum Products Marketing CoOG's Forward Rate of Return (Yacktman) % falls into.
Al Maha Petroleum Products Marketing CoOG 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 10.16% mean?
Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) has a Forward Rate of Return (Yacktman) % of 10.16% 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 Al Maha Petroleum Products Marketing CoOG and its competitors. This is near median its historical median of 9.66. According to the industry distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #349 out of 608 companies in the Oil & Gas industry, placing it in the top 57.4%.
Is Al Maha Petroleum Products Marketing CoOG's Forward Rate of Return (Yacktman) % too high?
Al Maha Petroleum Products Marketing CoOG's current Forward Rate of Return (Yacktman) % of 10.16% is near median its 10-year median of 9.66. The Oil & Gas industry median Forward Rate of Return (Yacktman) % is 13.25. Al Maha Petroleum Products Marketing CoOG's value of 10.16% is 23.3% below this industry median. Based on the distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #349 out of 608 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Al Maha Petroleum Products Marketing CoOG has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Al Maha Petroleum Products Marketing CoOG's Forward Rate of Return (Yacktman) % compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #349 out of 608 companies for Forward Rate of Return (Yacktman) %. This places Al Maha Petroleum Products Marketing CoOG in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 13.25. Al Maha Petroleum Products Marketing CoOG's value of 10.16% is 23.3% below this benchmark. While the company's 10-year median is 9.66 vs. the industry median of 13.25, Al Maha Petroleum Products Marketing CoOG has consistently been below 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 Oil & Gas company?
The median Forward Rate of Return (Yacktman) % among Oil & Gas companies is 13.25, based on 608 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. Al Maha Petroleum Products Marketing CoOG's current Forward Rate of Return (Yacktman) % of 10.16% is 23.3% 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 Al Maha Petroleum Products Marketing CoOG and its competitors. For the Oil & Gas industry, the median Forward Rate of Return (Yacktman) % is 13.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Maha Petroleum Products Marketing CoOG's current Forward Rate of Return (Yacktman) % is 10.16%, which is near median its own 10-year median of 9.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Maha Petroleum Products Marketing CoOG stock overvalued right now?
Based on GuruFocus' analysis, Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع1.06, compared to a current price of ر.ع1.15 — trading 8.5% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 10.16%, which is near median its 10-year median of 9.66 and 23.3% below the Oil & Gas industry median of 13.25. Al Maha Petroleum Products Marketing CoOG's overall GF Score™ is 100/100 with 3 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 Al Maha Petroleum Products Marketing CoOG (MUS:MHAS), the current Forward Rate of Return (Yacktman) % is 10.16% 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 Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Overvalued in 2026?
Based on GuruFocus' analysis, Al Maha Petroleum Products Marketing CoOG stock appears to be overvalued.
The current stock price of ر.ع1.15 is trading 8.5% above its estimated GF Value™ of ر.ع1.06.
GuruFocus considers Al Maha Petroleum Products Marketing CoOG to be Fairly Valued.
Key valuation signals for MUS:MHAS:
Forward Rate of Return (Yacktman) %: 10.16% (near median its 10-year median of 9.66)
GF Value™: ر.ع1.06 vs. price of ر.ع1.15 (8.5% above fair value)
Industry Position: 23.3% below the Oil & Gas median (#349 of 608)
No single metric tells the full story. See the MUS:MHAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Al Maha Petroleum Products Marketing Co SAOG engaged in strategic marketing and distributing a diverse range of petroleum products, including Gasoline (M91 & M95), diesel, aviation fuel, kerosene, and lubricants. The company maintains a network of service stations throughout Oman. Its product portfolio covers Gasoline, Diesel, Aviation fuel, Kerosene, and Lubricants. The company operates its business through the segments of Retail sales, Commercial sales, Aviation, Non-Fuel Revenue and Lubricant. The retail sales segment derives key revenue for the company which includes sales made through company-operated stations, dealer-operated stations, and third-party-operated stations.
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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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