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.
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.
Raiffeisen Bank Aval JSCPFTS:BAVL Forward Rate of Return (Yacktman) % is 86.03% as of Jun. 2026, which is 41% above its 10-year median of 61.10. Among 1,416 Banks companies, Raiffeisen Bank Aval JSC ranks better than 96.12% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Raiffeisen Bank Aval JSC's forward rate of return for was 86.03%.
The historical rank and industry rank for Raiffeisen Bank Aval JSC's Forward Rate of Return (Yacktman) % or its related term are showing as below:
PFTS:BAVL'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -12.81 Med: 61.1 Max: 103.85
Current: 100.4
During the past 13 years, Raiffeisen Bank Aval JSC's highest Forward Rate of Return was 103.85. The lowest was -12.81. And the median was 61.10.
PFTS:BAVL's Forward Rate of Return (Yacktman) % is ranked better than 96.12% of 1416
companies
in the Banks industry
Industry Median: 15.665
vs PFTS:BAVL: 100.40
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.
Raiffeisen Bank Aval JSC (PFTS:BAVL) 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 Book Value 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.
Raiffeisen Bank Aval JSC Forward Rate of Return (Yacktman) % Related Terms
Raiffeisen Bank Aval JSC Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Raiffeisen Bank Aval JSC'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.
Raiffeisen Bank Aval JSC Forward Rate of Return (Yacktman) % Chart
PFTS:BAVL vs USB, PNC: Forward Rate of Return (Yacktman) % Comparison
For the Banks - Regional subindustry, Raiffeisen Bank Aval JSC'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.
Raiffeisen Bank Aval JSC Forward Rate of Return (Yacktman) % vs Banks Industry
For the Banks industry and Financial Services sector, Raiffeisen Bank Aval JSC's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Raiffeisen Bank Aval JSC's Forward Rate of Return (Yacktman) % falls into.
Raiffeisen Bank Aval JSC 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 86.03% mean?
Raiffeisen Bank Aval JSC (PFTS:BAVL) has a Forward Rate of Return (Yacktman) % of 86.03% 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 Raiffeisen Bank Aval JSC and its competitors. This is 41% above median its historical median of 61.10. According to the industry distribution chart, Raiffeisen Bank Aval JSC ranks #55 out of 1416 companies in the Banks industry, placing it in the top 3.9%.
Is Raiffeisen Bank Aval JSC's Forward Rate of Return (Yacktman) % too high?
Raiffeisen Bank Aval JSC's current Forward Rate of Return (Yacktman) % of 86.03% is 41% above median its 10-year median of 61.10. The Banks industry median Forward Rate of Return (Yacktman) % is 15.67. Raiffeisen Bank Aval JSC's value of 86.03% is 449.2% above this industry median. Based on the distribution chart, Raiffeisen Bank Aval JSC ranks #55 out of 1416 companies in the Banks industry, which is in the top quartile — a strong position relative to peers.
How does Raiffeisen Bank Aval JSC's Forward Rate of Return (Yacktman) % compare to USB and PNC?
According to the Banks industry distribution chart, Raiffeisen Bank Aval JSC ranks #55 out of 1416 companies for Forward Rate of Return (Yacktman) %. This places Raiffeisen Bank Aval JSC in the top 4% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 15.67. Raiffeisen Bank Aval JSC's value of 86.03% is 449.2% above this benchmark. While the company's 10-year median is 61.10 vs. the industry median of 15.67, Raiffeisen Bank Aval JSC 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 Banks company?
The median Forward Rate of Return (Yacktman) % among Banks companies is 15.67, based on 1,416 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. Raiffeisen Bank Aval JSC's current Forward Rate of Return (Yacktman) % of 86.03% is 449.2% 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 Raiffeisen Bank Aval JSC and its competitors. For the Banks industry, the median Forward Rate of Return (Yacktman) % is 15.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raiffeisen Bank Aval JSC's current Forward Rate of Return (Yacktman) % is 86.03%, which is 41% above median its own 10-year median of 61.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raiffeisen Bank Aval JSC stock overvalued right now?
Based on GuruFocus' analysis, Raiffeisen Bank Aval JSC (PFTS:BAVL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₴0.46, compared to a current price of ₴0.38 — trading 17.4% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 86.03%, which is 41% above median its 10-year median of 61.10 and 449.2% above the Banks industry median of 15.67. 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 Raiffeisen Bank Aval JSC (PFTS:BAVL), the current Forward Rate of Return (Yacktman) % is 86.03% 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.
Raiffeisen Bank Aval JSC is a Ukraine based bank. It provides banking services to private individuals, corporate clients, and small and micro enterprises in Ukraine through electronic channels. It offers services and products to private individuals, including deposits; money transfers in UAH and foreign currencies, with or without opening an account; a wide list of new payment instruments including MasterCard and Visa International cards; consumer loans and many others. Its segments include Corporate & Small enterprises, Micro customers & Private individuals, Financial institutions, and Proprietary business. The majority of its revenue comes from Corporate & Small enterprises segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PFTS:BAVL has been successfully added to your 
