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Waterfront PhilippinesPHS:WPI 52 Forward Rate of Return (Yacktman) % is 19.23% as of Mar. 2026, which is 18% below its 10-year median of 23.48. GuruFocus rates PHS:WPI with a GF Score™ of 52/100 and a GF Value™ of ₱0.42 (Fairly Valued). The stock has 4 warning signs investors should review. Among 560 Travel & Leisure companies, Waterfront Philippines ranks better than 61.61% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Waterfront Philippines's forward rate of return for was 19.23%.
The historical rank and industry rank for Waterfront Philippines's Forward Rate of Return (Yacktman) % or its related term are showing as below:
PHS:WPI'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -70.73 Med: 23.48 Max: 67.3
Current: 18.62
During the past 13 years, Waterfront Philippines's highest Forward Rate of Return was 67.30. The lowest was -70.73. And the median was 23.48.
PHS:WPI's Forward Rate of Return (Yacktman) % is ranked better than 61.61% of 560
companies
in the Travel & Leisure industry
Industry Median: 9.93
vs PHS:WPI: 18.62
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.
Waterfront Philippines (PHS:WPI) 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.
Waterfront Philippines Forward Rate of Return (Yacktman) % Related Terms
Waterfront Philippines Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Waterfront Philippines'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.
Waterfront Philippines Forward Rate of Return (Yacktman) % Chart
PHS:WPI vs LVS, MGM, WYNN: Forward Rate of Return (Yacktman) % Comparison
For the Resorts & Casinos subindustry, Waterfront Philippines'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.
Waterfront Philippines Forward Rate of Return (Yacktman) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Waterfront Philippines's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Waterfront Philippines's Forward Rate of Return (Yacktman) % falls into.
Waterfront Philippines 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 19.23% mean?
Waterfront Philippines (PHS:WPI) has a Forward Rate of Return (Yacktman) % of 19.23% 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 Waterfront Philippines and its competitors. This is 18% below median its historical median of 23.48. According to the industry distribution chart, Waterfront Philippines ranks #215 out of 560 companies in the Travel & Leisure industry, placing it in the top 38.4%.
Is Waterfront Philippines' Forward Rate of Return (Yacktman) % too high?
Waterfront Philippines' current Forward Rate of Return (Yacktman) % of 19.23% is 18% below median its 10-year median of 23.48. The Travel & Leisure industry median Forward Rate of Return (Yacktman) % is 9.93. Waterfront Philippines' value of 19.23% is 93.7% above this industry median. Based on the distribution chart, Waterfront Philippines ranks #215 out of 560 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Waterfront Philippines has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Waterfront Philippines' Forward Rate of Return (Yacktman) % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Waterfront Philippines ranks #215 out of 560 companies for Forward Rate of Return (Yacktman) %. This puts Waterfront Philippines in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 9.93. Waterfront Philippines' value of 19.23% is 93.7% above this benchmark. While the company's 10-year median is 23.48 vs. the industry median of 9.93, Waterfront Philippines 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 Travel & Leisure company?
The median Forward Rate of Return (Yacktman) % among Travel & Leisure companies is 9.93, based on 560 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. Waterfront Philippines's current Forward Rate of Return (Yacktman) % of 19.23% is 93.7% 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 Waterfront Philippines and its competitors. For the Travel & Leisure industry, the median Forward Rate of Return (Yacktman) % is 9.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waterfront Philippines's current Forward Rate of Return (Yacktman) % is 19.23%, which is 18% below median its own 10-year median of 23.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waterfront Philippines stock overvalued right now?
Based on GuruFocus' analysis, Waterfront Philippines (PHS:WPI) is currently considered Fairly Valued. The stock's GF Value™ is ₱0.42, compared to a current price of ₱0.44 — trading 4.8% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 19.23%, which is 18% below median its 10-year median of 23.48 and 93.7% above the Travel & Leisure industry median of 9.93. Waterfront Philippines' overall GF Score™ is 52/100 with 4 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 Waterfront Philippines (PHS:WPI), the current Forward Rate of Return (Yacktman) % is 19.23% 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 Waterfront Philippines (PHS:WPI) Overvalued in 2026?
Based on GuruFocus' analysis, Waterfront Philippines stock appears to be overvalued.
The current stock price of ₱0.44 is trading 4.8% above its estimated GF Value™ of ₱0.42.
GuruFocus considers Waterfront Philippines to be Fairly Valued.
Key valuation signals for PHS:WPI:
Forward Rate of Return (Yacktman) %: 19.23% (18% below median its 10-year median of 23.48)
GF Value™: ₱0.42 vs. price of ₱0.44 (4.8% above fair value)
Industry Position: 93.7% above the Travel & Leisure median (#215 of 560)
No single metric tells the full story. See the PHS:WPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waterfront Philippines Inc is an investment holding company for hotel, leisure, and tourism businesses. The company holds equity interests in hotels and resorts, a fitness gym, and entities engaged in the international marketing and promotion of casinos. The group's operating businesses are organized and managed separately according to hotel property location, with each segment representing a strategic business unit. Its segments are WCCCHI, WMCHI, DIHCI, Parent Company and Others, and APHC and Subsidiaries. The majority is from the WCCCHI segment.
52GF Score
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