NRSDY (Nordic Semiconductor ASA) Forward Rate of Return (Yacktman) %: 0.00% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NRSDY Nordic Semiconductor ASA NRSDY
87 GF Score
Price $17.18
GF Value $15.76
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Nordic Semiconductor ASA Forward Rate of Return (Yacktman) %?

Nordic Semiconductor ASA NRSDY 87 Forward Rate of Return (Yacktman) % is 0.00% as of Jun. 2026. GuruFocus rates NRSDY with a GF Score™ of 87/100 and a GF Value™ of $15.76 (Fairly Valued). The stock has 5 warning signs investors should review. Among 611 Semiconductors companies, Nordic Semiconductor ASA ranks better than 86.09% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Nordic Semiconductor ASA's forward rate of return for was 0.00%.

The historical rank and industry rank for Nordic Semiconductor ASA's Forward Rate of Return (Yacktman) % or its related term are showing as below:

NRSDY' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -10.43   Med: 17.07   Max: 33.25
Current: 19.79

During the past 13 years, Nordic Semiconductor ASA's highest Forward Rate of Return was 33.25. The lowest was -10.43. And the median was 17.07.

NRSDY's Forward Rate of Return (Yacktman) % is ranked better than
86.09% of 611 companies
in the Semiconductors industry
Industry Median: -0.21 vs NRSDY: 19.79

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.


Nordic Semiconductor ASA  (OTCPK:NRSDY) 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.


Nordic Semiconductor ASA Forward Rate of Return (Yacktman) % Related Terms


Nordic Semiconductor ASA Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Nordic Semiconductor ASA'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.

Nordic Semiconductor ASA Forward Rate of Return (Yacktman) % Chart

Nordic Semiconductor ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.24 21.15 20.19 0.00 0.00

Nordic Semiconductor ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00

NRSDY vs NVDA, AVGO, MU: Forward Rate of Return (Yacktman) % Comparison

For the Semiconductors subindustry, Nordic Semiconductor ASA'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.


Nordic Semiconductor ASA Forward Rate of Return (Yacktman) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Nordic Semiconductor ASA's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Nordic Semiconductor ASA's Forward Rate of Return (Yacktman) % falls into.


NRSDY
87GF Score
Nordic Semiconductor ASA NRSDY
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic Semiconductor ASA 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).

Nordic Semiconductor ASA's Forward Rate of Return of Jun. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=-0.01028571/17.7516+0.2
=19.94 %

* 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 0.00% mean?
Nordic Semiconductor ASA (NRSDY) has a Forward Rate of Return (Yacktman) % of 0.00% 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 Nordic Semiconductor ASA and its competitors. According to the industry distribution chart, Nordic Semiconductor ASA ranks #85 out of 611 companies in the Semiconductors industry, placing it in the top 13.9%.
Is Nordic Semiconductor ASA's Forward Rate of Return (Yacktman) % too high?
Nordic Semiconductor ASA's current Forward Rate of Return (Yacktman) % is 0.00%. Based on the distribution chart, Nordic Semiconductor ASA ranks #85 out of 611 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Nordic Semiconductor ASA has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nordic Semiconductor ASA's Forward Rate of Return (Yacktman) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Nordic Semiconductor ASA ranks #85 out of 611 companies for Forward Rate of Return (Yacktman) %. This places Nordic Semiconductor ASA in the top 14% of its industry — outperforming the majority of peers. 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 Semiconductors company?
A good Forward Rate of Return (Yacktman) % depends on the Semiconductors industry context. However, Forward Rate of Return (Yacktman) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Nordic Semiconductor ASA and its competitors. Nordic Semiconductor ASA's current Forward Rate of Return (Yacktman) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Semiconductor ASA stock overvalued right now?
Based on GuruFocus' analysis, Nordic Semiconductor ASA (NRSDY) is currently considered Fairly Valued. The stock's GF Value™ is $15.76, compared to a current price of $17.18 — trading 9% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 0.00%. Nordic Semiconductor ASA's overall GF Score™ is 87/100 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 Nordic Semiconductor ASA (NRSDY), the current Forward Rate of Return (Yacktman) % is 0.00% 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 Nordic Semiconductor ASA (NRSDY) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Semiconductor ASA stock appears to be overvalued. The current stock price of $17.18 is trading 9% above its estimated GF Value™ of $15.76. GuruFocus considers Nordic Semiconductor ASA to be Fairly Valued.

Key valuation signals for NRSDY:

  • Forward Rate of Return (Yacktman) %: 0.00%
  • GF Value™: $15.76 vs. price of $17.18 (9% above fair value)
  • GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the NRSDY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordic Semiconductor ASA Business Description

Address Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor designs Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, Thread protocol and long-range connectivity.
87GF Score

Get the complete analysis for NRSDY

Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.18
Price
$15.76
GF Value