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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.
PT Indah Kiat Pulp & Paper TbkPIKQF 84 Forward Rate of Return (Yacktman) % is 0.61% as of Jun. 2026, which is 100% below its 10-year median of 87,495.75. GuruFocus rates PIKQF with a GF Score™ of 84/100 and a GF Value™ of $0.57. The stock has 4 warning signs investors should review. Among 240 Forest Products companies, PT Indah Kiat Pulp & Paper Tbk ranks worse than 56.25% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. PT Indah Kiat Pulp & Paper Tbk's forward rate of return for was 0.61%.
The historical rank and industry rank for PT Indah Kiat Pulp & Paper Tbk's Forward Rate of Return (Yacktman) % or its related term are showing as below:
PIKQF'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -93306.9 Med: 87495.75 Max: 228950.83
Current: 0.77
During the past 13 years, PT Indah Kiat Pulp & Paper Tbk's highest Forward Rate of Return was 228950.83. The lowest was -93306.90. And the median was 87495.75.
PIKQF's Forward Rate of Return (Yacktman) % is ranked worse than 56.25% of 240
companies
in the Forest Products industry
Industry Median: 2.96
vs PIKQF: 0.77
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.
PT Indah Kiat Pulp & Paper Tbk (OTCPK:PIKQF) 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.
PT Indah Kiat Pulp & Paper Tbk Forward Rate of Return (Yacktman) % Related Terms
PT Indah Kiat Pulp & Paper Tbk Forward Rate of Return (Yacktman) % Historical Data
* 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.
PT Indah Kiat Pulp & Paper Tbk Forward Rate of Return (Yacktman) % Chart
PT Indah Kiat Pulp & Paper Tbk Forward Rate of Return (Yacktman) % Competitor Comparison
For the Paper & Paper Products subindustry, PT Indah Kiat Pulp & Paper Tbk'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.
PT Indah Kiat Pulp & Paper Tbk Forward Rate of Return (Yacktman) % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, PT Indah Kiat Pulp & Paper Tbk's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where PT Indah Kiat Pulp & Paper Tbk's Forward Rate of Return (Yacktman) % falls into.
PT Indah Kiat Pulp & Paper Tbk 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 0.61% mean?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a Forward Rate of Return (Yacktman) % of 0.61% 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 PT Indah Kiat Pulp & Paper Tbk and its competitors. This is 100% below median its historical median of 87,495.75. According to the industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #135 out of 240 companies in the Forest Products industry, placing it in the top 56.2%.
Is PT Indah Kiat Pulp & Paper Tbk's Forward Rate of Return (Yacktman) % too high?
PT Indah Kiat Pulp & Paper Tbk's current Forward Rate of Return (Yacktman) % of 0.61% is 100% below median its 10-year median of 87,495.75. The Forest Products industry median Forward Rate of Return (Yacktman) % is 2.96. PT Indah Kiat Pulp & Paper Tbk's value of 0.61% is 79.4% below this industry median. Based on the distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #135 out of 240 companies in the Forest Products industry, which is below the industry midpoint. Overall, PT Indah Kiat Pulp & Paper Tbk has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does PT Indah Kiat Pulp & Paper Tbk's Forward Rate of Return (Yacktman) % compare to competitors?
According to the Forest Products industry distribution chart, PT Indah Kiat Pulp & Paper Tbk ranks #135 out of 240 companies for Forward Rate of Return (Yacktman) %. This places PT Indah Kiat Pulp & Paper Tbk in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 2.96. PT Indah Kiat Pulp & Paper Tbk's value of 0.61% is 79.4% below this benchmark. While the company's 10-year median is 87,495.75 vs. the industry median of 2.96, PT Indah Kiat Pulp & Paper Tbk has consistently been below 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 Forest Products company?
The median Forward Rate of Return (Yacktman) % among Forest Products companies is 2.96, based on 240 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. PT Indah Kiat Pulp & Paper Tbk's current Forward Rate of Return (Yacktman) % of 0.61% is 79.4% below 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 PT Indah Kiat Pulp & Paper Tbk and its competitors. For the Forest Products industry, the median Forward Rate of Return (Yacktman) % is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indah Kiat Pulp & Paper Tbk's current Forward Rate of Return (Yacktman) % is 0.61%, which is 100% below median its own 10-year median of 87,495.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indah Kiat Pulp & Paper Tbk stock overvalued right now?
PT Indah Kiat Pulp & Paper Tbk (PIKQF) has a current Forward Rate of Return (Yacktman) % of 0.61%. The stock's GF Value™ is $0.57, compared to a current price of $0.53 — trading 6.9% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 0.61%, which is 100% below median its 10-year median of 87,495.75 and 79.4% below the Forest Products industry median of 2.96. PT Indah Kiat Pulp & Paper Tbk's overall GF Score™ is 84/100 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 PT Indah Kiat Pulp & Paper Tbk (PIKQF), the current Forward Rate of Return (Yacktman) % is 0.61% 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 PT Indah Kiat Pulp & Paper Tbk (PIKQF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Indah Kiat Pulp & Paper Tbk stock appears to be undervalued.
The current stock price of $0.53 is trading 6.9% below its estimated GF Value™ of $0.57.
Key valuation signals for PIKQF:
Forward Rate of Return (Yacktman) %: 0.61% (100% below median its 10-year median of 87,495.75)
GF Value™: $0.57 vs. price of $0.53 (6.9% below fair value)
Industry Position: 79.4% below the Forest Products median (#135 of 240)
No single metric tells the full story. See the PIKQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Indah Kiat Pulp & Paper Tbk manufactures paper, pulp, and packaging paper. The company's operating segments are: cultural paper and pulp, which derives maximum revenue; and industrial paper and tissue products. Its cultural paper and pulp products segment consists of cultural paper and other related cultural paper products and pulp. The industrial paper and tissue products segment consists of linerboard, corrugating medium, corrugated shipping containers, and boxboard. Geographically, the company generates maximum revenue from Indonesia, and the rest from Asia, Europe, America, the Middle East, Africa, and Australia.
84GF Score
Get the complete analysis for PIKQF
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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