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Plover Bay TechnologiesPBTDF 69 Forward Rate of Return (Yacktman) % is 23.73% as of Dec. 2025, which is 50% below its 10-year median of 47.74. GuruFocus rates PBTDF with a GF Score™ of 69/100 and a GF Value™ of $0.92 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,715 Hardware companies, Plover Bay Technologies ranks better than 90.79% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Plover Bay Technologies's forward rate of return for was 23.73%.
The historical rank and industry rank for Plover Bay Technologies's Forward Rate of Return (Yacktman) % or its related term are showing as below:
PBTDF'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 22.89 Med: 47.74 Max: 77.28
Current: 22.89
During the past 13 years, Plover Bay Technologies's highest Forward Rate of Return was 77.28. The lowest was 22.89. And the median was 47.74.
PBTDF's Forward Rate of Return (Yacktman) % is ranked better than 90.79% of 1715
companies
in the Hardware industry
Industry Median: 4.32
vs PBTDF: 22.89
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.
Plover Bay Technologies (OTCPK:PBTDF) 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.
Plover Bay Technologies Forward Rate of Return (Yacktman) % Related Terms
Plover Bay Technologies Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Plover Bay Technologies'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.
Plover Bay Technologies Forward Rate of Return (Yacktman) % Chart
PBTDF vs CSCO, MSI, HPE: Forward Rate of Return (Yacktman) % Comparison
For the Communication Equipment subindustry, Plover Bay Technologies'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.
Plover Bay Technologies Forward Rate of Return (Yacktman) % vs Hardware Industry
For the Hardware industry and Technology sector, Plover Bay Technologies's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Plover Bay Technologies's Forward Rate of Return (Yacktman) % falls into.
Plover Bay Technologies 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 23.73% mean?
Plover Bay Technologies (PBTDF) has a Forward Rate of Return (Yacktman) % of 23.73% as of Dec. 2025. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Plover Bay Technologies and its competitors. This is 50% below median its historical median of 47.74. Over the past decade, Plover Bay Technologies' Forward Rate of Return (Yacktman) % has ranged from 22.89 to 77.28. According to the industry distribution chart, Plover Bay Technologies ranks #158 out of 1715 companies in the Hardware industry, placing it in the top 9.2%.
Is Plover Bay Technologies' Forward Rate of Return (Yacktman) % too high?
Plover Bay Technologies' current Forward Rate of Return (Yacktman) % of 23.73% is 50% below median its 10-year median of 47.74. Over the past 10 years, this metric has ranged from a low of 22.89 to a high of 77.28. The Hardware industry median Forward Rate of Return (Yacktman) % is 4.32. Plover Bay Technologies' value of 23.73% is 449.3% above this industry median. Based on the distribution chart, Plover Bay Technologies ranks #158 out of 1715 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Plover Bay Technologies has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plover Bay Technologies' Forward Rate of Return (Yacktman) % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Plover Bay Technologies ranks #158 out of 1715 companies for Forward Rate of Return (Yacktman) %. This places Plover Bay Technologies in the top 9% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 4.32. Plover Bay Technologies' value of 23.73% is 449.3% above this benchmark. Historically, Plover Bay Technologies' own Forward Rate of Return (Yacktman) % has ranged from 22.89 to 77.28 over the past decade. While the company's 10-year median is 47.74 vs. the industry median of 4.32, Plover Bay Technologies 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 Hardware company?
The median Forward Rate of Return (Yacktman) % among Hardware companies is 4.32, based on 1,715 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. Plover Bay Technologies's current Forward Rate of Return (Yacktman) % of 23.73% is 449.3% 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 Plover Bay Technologies and its competitors. For the Hardware industry, the median Forward Rate of Return (Yacktman) % is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plover Bay Technologies's current Forward Rate of Return (Yacktman) % is 23.73%, which is 50% below median its own 10-year median of 47.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plover Bay Technologies stock overvalued right now?
Based on GuruFocus' analysis, Plover Bay Technologies (PBTDF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.92, compared to a current price of $1.03 — trading 12% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 23.73%, which is 50% below median its 10-year median of 47.74 and 449.3% above the Hardware industry median of 4.32. Plover Bay Technologies' overall GF Score™ is 69/100 with 1 warning sign 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 Plover Bay Technologies (PBTDF), the current Forward Rate of Return (Yacktman) % is 23.73% as of Dec. 2025. 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 Plover Bay Technologies (PBTDF) Overvalued in 2026?
Based on GuruFocus' analysis, Plover Bay Technologies stock appears to be overvalued.
The current stock price of $1.03 is trading 12% above its estimated GF Value™ of $0.92.
GuruFocus considers Plover Bay Technologies to be Modestly Overvalued.
Key valuation signals for PBTDF:
Forward Rate of Return (Yacktman) %: 23.73% (50% below median its 10-year median of 47.74)
GF Value™: $0.92 vs. price of $1.03 (12% above fair value)
Industry Position: 449.3% above the Hardware median (#158 of 1715)
No single metric tells the full story. See the PBTDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plover Bay Technologies Ltd is an investment holding company. It is a vendor of connectivity hardware, software, and services. The company's products include wired SD-WAN routers, wireless SD-WAN routers, and networking peripherals that support customer's networks. It also engages in the sales of software licences and the provision of warranty and support services. Companies' segments consist mainly of the following categories: SD-WAN routers; Mobile First Connectivity, which denotes products connected through mobile networks; warranty and support services; and software licences. The Mobile First Connectivity has the highest revenue. Geographical regions: North America, EMEA, Asia, and other regions.
69GF Score
Get the complete analysis for PBTDF
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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