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New England Realty Associates LPNEN -2.30%61 Forward Rate of Return (Yacktman) % is 22.28% as of Jun. 2026, which is 10% above its 10-year median of 20.32. GuruFocus rates NEN with a GF Score™ of 61/100 and a GF Value™ of $92.82 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,316 Real Estate companies, New England Realty Associates LP ranks better than 85.26% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. New England Realty Associates LP's forward rate of return for was 22.28%.
The historical rank and industry rank for New England Realty Associates LP's Forward Rate of Return (Yacktman) % or its related term are showing as below:
NEN'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 5.76 Med: 20.32 Max: 26.78
Current: 26.67
During the past 13 years, New England Realty Associates LP's highest Forward Rate of Return was 26.78. The lowest was 5.76. And the median was 20.32.
NEN's Forward Rate of Return (Yacktman) % is ranked better than 85.26% of 1316
companies
in the Real Estate industry
Industry Median: 6.51
vs NEN: 26.67
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.
New England Realty Associates LP (AMEX:NEN) 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.
New England Realty Associates LP Forward Rate of Return (Yacktman) % Related Terms
New England Realty Associates LP 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.
New England Realty Associates LP Forward Rate of Return (Yacktman) % Chart
NEN vs CHCI, DOUG, ARL: Forward Rate of Return (Yacktman) % Comparison
For the Real Estate Services subindustry, New England Realty Associates LP'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.
New England Realty Associates LP Forward Rate of Return (Yacktman) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, New England Realty Associates LP's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where New England Realty Associates LP's Forward Rate of Return (Yacktman) % falls into.
New England Realty Associates LP 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 22.28% mean?
New England Realty Associates LP (NEN) has a Forward Rate of Return (Yacktman) % of 22.28% as of Jun. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on New England Realty Associates LP and its competitors. This is 10% above median its historical median of 20.32. Over the past decade, New England Realty Associates LP's Forward Rate of Return (Yacktman) % has ranged from 5.76 to 26.78. According to the industry distribution chart, New England Realty Associates LP ranks #194 out of 1316 companies in the Real Estate industry, placing it in the top 14.7%.
Is New England Realty Associates LP's Forward Rate of Return (Yacktman) % too high?
New England Realty Associates LP's current Forward Rate of Return (Yacktman) % of 22.28% is 10% above median its 10-year median of 20.32. Over the past 10 years, this metric has ranged from a low of 5.76 to a high of 26.78. The Real Estate industry median Forward Rate of Return (Yacktman) % is 6.51. New England Realty Associates LP's value of 22.28% is 242.2% above this industry median. Based on the distribution chart, New England Realty Associates LP ranks #194 out of 1316 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, New England Realty Associates LP has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New England Realty Associates LP's Forward Rate of Return (Yacktman) % compare to CHCI and DOUG?
According to the Real Estate industry distribution chart, New England Realty Associates LP ranks #194 out of 1316 companies for Forward Rate of Return (Yacktman) %. This places New England Realty Associates LP in the top 15% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 6.51. New England Realty Associates LP's value of 22.28% is 242.2% above this benchmark. Historically, New England Realty Associates LP's own Forward Rate of Return (Yacktman) % has ranged from 5.76 to 26.78 over the past decade. While the company's 10-year median is 20.32 vs. the industry median of 6.51, New England Realty Associates LP 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 Real Estate company?
The median Forward Rate of Return (Yacktman) % among Real Estate companies is 6.51, based on 1,316 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. New England Realty Associates LP's current Forward Rate of Return (Yacktman) % of 22.28% is 242.2% 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 New England Realty Associates LP and its competitors. For the Real Estate industry, the median Forward Rate of Return (Yacktman) % is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New England Realty Associates LP's current Forward Rate of Return (Yacktman) % is 22.28%, which is 10% above median its own 10-year median of 20.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New England Realty Associates LP stock overvalued right now?
Based on GuruFocus' analysis, New England Realty Associates LP (NEN) is currently considered Possible Value Trap. The stock's GF Value™ is $92.82, compared to a current price of $51.00 — trading 45.1% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 22.28%, which is 10% above median its 10-year median of 20.32 and 242.2% above the Real Estate industry median of 6.51. New England Realty Associates LP's overall GF Score™ is 61/100 with 5 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 New England Realty Associates LP (NEN), the current Forward Rate of Return (Yacktman) % is 22.28% as of Jun. 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 New England Realty Associates LP (NEN) Overvalued in 2026?
Based on GuruFocus' analysis, New England Realty Associates LP stock appears to be undervalued.
The current stock price of $51.00 is trading 45.1% below its estimated GF Value™ of $92.82.
GuruFocus considers New England Realty Associates LP to be Possible Value Trap.
Key valuation signals for NEN:
Forward Rate of Return (Yacktman) %: 22.28% (10% above median its 10-year median of 20.32)
GF Value™: $92.82 vs. price of $51.00 (45.1% below fair value)
Industry Position: 242.2% above the Real Estate median (#194 of 1316)
No single metric tells the full story. See the NEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New England Realty Associates LP is engaged in the business of acquiring, developing, holding for investment, operating, and selling real estate. The Partnership owns and operates various residential apartments, condominium units, and commercial properties located in Massachusetts and New Hampshire. The company generates revenue from rental income from residential and commercial properties recognized over the term of the related lease. The long-term goals of the Partnership are to manage, rent, and improve its properties and to acquire additional properties with income and capital appreciation potential as suitable opportunities arise.
61GF Score
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