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Rizal Commercial BankingPHS:RCB 75 Forward Rate of Return (Yacktman) % is 92.10% as of Mar. 2026, which is 51% above its 10-year median of 60.90. GuruFocus rates PHS:RCB with a GF Score™ of 75/100 and a GF Value™ of ₱29.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,412 Banks companies, Rizal Commercial Banking ranks better than 95.82% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Rizal Commercial Banking's forward rate of return for was 92.10%.
The historical rank and industry rank for Rizal Commercial Banking's Forward Rate of Return (Yacktman) % or its related term are showing as below:
PHS:RCB'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -7.4 Med: 60.9 Max: 139
Current: 94
During the past 13 years, Rizal Commercial Banking's highest Forward Rate of Return was 139.00. The lowest was -7.40. And the median was 60.90.
PHS:RCB's Forward Rate of Return (Yacktman) % is ranked better than 95.82% of 1412
companies
in the Banks industry
Industry Median: 15.44
vs PHS:RCB: 94.00
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.
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.
Rizal Commercial Banking Forward Rate of Return (Yacktman) % Related Terms
Rizal Commercial Banking Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Rizal Commercial Banking'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.
Rizal Commercial Banking Forward Rate of Return (Yacktman) % Chart
For the Banks - Regional subindustry, Rizal Commercial Banking'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.
Rizal Commercial Banking Forward Rate of Return (Yacktman) % vs Banks Industry
For the Banks industry and Financial Services sector, Rizal Commercial Banking's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Rizal Commercial Banking's Forward Rate of Return (Yacktman) % falls into.
Rizal Commercial Banking 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 92.10% mean?
Rizal Commercial Banking (PHS:RCB) has a Forward Rate of Return (Yacktman) % of 92.10% 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 Rizal Commercial Banking and its competitors. This is 51% above median its historical median of 60.90. According to the industry distribution chart, Rizal Commercial Banking ranks #59 out of 1412 companies in the Banks industry, placing it in the top 4.2%.
Is Rizal Commercial Banking's Forward Rate of Return (Yacktman) % too high?
Rizal Commercial Banking's current Forward Rate of Return (Yacktman) % of 92.10% is 51% above median its 10-year median of 60.90. The Banks industry median Forward Rate of Return (Yacktman) % is 15.44. Rizal Commercial Banking's value of 92.10% is 496.5% above this industry median. Based on the distribution chart, Rizal Commercial Banking ranks #59 out of 1412 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Rizal Commercial Banking has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rizal Commercial Banking's Forward Rate of Return (Yacktman) % compare to competitors?
According to the Banks industry distribution chart, Rizal Commercial Banking ranks #59 out of 1412 companies for Forward Rate of Return (Yacktman) %. This places Rizal Commercial Banking in the top 4% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 15.44. Rizal Commercial Banking's value of 92.10% is 496.5% above this benchmark. While the company's 10-year median is 60.90 vs. the industry median of 15.44, Rizal Commercial Banking 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 15.44, based on 1,412 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. Rizal Commercial Banking's current Forward Rate of Return (Yacktman) % of 92.10% is 496.5% 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 Rizal Commercial Banking and its competitors. For the Banks industry, the median Forward Rate of Return (Yacktman) % is 15.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rizal Commercial Banking's current Forward Rate of Return (Yacktman) % is 92.10%, which is 51% above median its own 10-year median of 60.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rizal Commercial Banking stock overvalued right now?
Based on GuruFocus' analysis, Rizal Commercial Banking (PHS:RCB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱29.80, compared to a current price of ₱23.00 — trading 22.8% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 92.10%, which is 51% above median its 10-year median of 60.90 and 496.5% above the Banks industry median of 15.44. Rizal Commercial Banking's overall GF Score™ is 75/100 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 Rizal Commercial Banking (PHS:RCB), the current Forward Rate of Return (Yacktman) % is 92.10% 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 Rizal Commercial Banking (PHS:RCB) Overvalued in 2026?
Based on GuruFocus' analysis, Rizal Commercial Banking stock appears to be undervalued.
The current stock price of ₱23.00 is trading 22.8% below its estimated GF Value™ of ₱29.80.
GuruFocus considers Rizal Commercial Banking to be Modestly Undervalued.
Key valuation signals for PHS:RCB:
Forward Rate of Return (Yacktman) %: 92.10% (51% above median its 10-year median of 60.90)
GF Value™: ₱29.80 vs. price of ₱23.00 (22.8% below fair value)
Industry Position: 496.5% above the Banks median (#59 of 1412)
No single metric tells the full story. See the PHS:RCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rizal Commercial Banking Corporation is a bank. The company provides banking and financial products and services to its customers in the Philippines but also in Asia, Europe, and the United States. The bank operates in the below segments: Retail, Corporate, Small and Medium enterprises, Treasury, and Others. Of these segments, the contributor to revenue is the retail banking function, followed by corporate banking. Services provided to clients include checking and savings accounts, deposits, credit cards, consumer and commercial loans, money market and trading services, investment banking, foreign exchange, wealth management, economic and investment research, syndicated loans, and wholesale lending.
75GF Score
Get the complete analysis for PHS:RCB
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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