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Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. PT Merdeka Copper Gold Tbk's forward rate of return for was 15.01%.
The historical rank and industry rank for PT Merdeka Copper Gold Tbk's Forward Rate of Return (Yacktman) % or its related term are showing as below:
PMCGF'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -165866.51 Med: -75988.96 Max: 2186.8
Current: 14.6
During the past 12 years, PT Merdeka Copper Gold Tbk's highest Forward Rate of Return was 2186.80. The lowest was -165866.51. And the median was -75988.96.
PMCGF's Forward Rate of Return (Yacktman) % is ranked better than 60.85% of 447
companies
in the Metals & Mining industry
Industry Median: 9.5
vs PMCGF: 14.60
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 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 Merdeka Copper Gold Tbk Forward Rate of Return (Yacktman) % Related Terms
PT Merdeka Copper Gold Tbk Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for PT Merdeka Copper Gold Tbk'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.
For the Other Industrial Metals & Mining subindustry, PT Merdeka Copper Gold 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 Merdeka Copper Gold Tbk Forward Rate of Return (Yacktman) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, PT Merdeka Copper Gold Tbk's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where PT Merdeka Copper Gold Tbk's Forward Rate of Return (Yacktman) % falls into.
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 15.01% mean?
PT Merdeka Copper Gold Tbk (PMCGF) has a Forward Rate of Return (Yacktman) % of 15.01% 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 PT Merdeka Copper Gold Tbk and its competitors. According to the industry distribution chart, PT Merdeka Copper Gold Tbk ranks #175 out of 447 companies in the Metals & Mining industry, placing it in the top 39.1%.
Is PT Merdeka Copper Gold Tbk's Forward Rate of Return (Yacktman) % too high?
PT Merdeka Copper Gold Tbk's current Forward Rate of Return (Yacktman) % is 15.01%. The Metals & Mining industry median Forward Rate of Return (Yacktman) % is 9.50. PT Merdeka Copper Gold Tbk's value of 15.01% is 58% above this industry median. Based on the distribution chart, PT Merdeka Copper Gold Tbk ranks #175 out of 447 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, PT Merdeka Copper Gold Tbk has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Copper Gold Tbk's Forward Rate of Return (Yacktman) % compare to competitors?
According to the Metals & Mining industry distribution chart, PT Merdeka Copper Gold Tbk ranks #175 out of 447 companies for Forward Rate of Return (Yacktman) %. This puts PT Merdeka Copper Gold Tbk in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 9.50. PT Merdeka Copper Gold Tbk's value of 15.01% is 58% above this benchmark. 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 Metals & Mining company?
The median Forward Rate of Return (Yacktman) % among Metals & Mining companies is 9.50, based on 447 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 Merdeka Copper Gold Tbk's current Forward Rate of Return (Yacktman) % of 15.01% is 58% 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 PT Merdeka Copper Gold Tbk and its competitors. For the Metals & Mining industry, the median Forward Rate of Return (Yacktman) % is 9.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Merdeka Copper Gold Tbk's current Forward Rate of Return (Yacktman) % is 15.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Copper Gold Tbk stock overvalued right now?
PT Merdeka Copper Gold Tbk (PMCGF) has a current Forward Rate of Return (Yacktman) % of 15.01%. The stock's GF Value™ is $0.12, compared to a current price of $0.10 — trading 16.7% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 15.01% and 58% above the Metals & Mining industry median of 9.50. PT Merdeka Copper Gold Tbk's overall GF Score™ is 92/100 with 6 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 Merdeka Copper Gold Tbk (PMCGF), the current Forward Rate of Return (Yacktman) % is 15.01% 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 PT Merdeka Copper Gold Tbk (PMCGF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Merdeka Copper Gold Tbk stock appears to be undervalued.
The current stock price of $0.10 is trading 16.7% below its estimated GF Value™ of $0.12.
Key valuation signals for PMCGF:
Forward Rate of Return (Yacktman) %: 15.01%
GF Value™: $0.12 vs. price of $0.10 (16.7% below fair value)
Industry Position: 58% above the Metals & Mining median (#175 of 447)
No single metric tells the full story. See the PMCGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressJalan Jenderal Sudirman Kav. 52-53, Treasury Tower, 67th-68th Floor, District 8 SCBD Lot. 28, Senayan, Kebayoran Baru, South Jakarta, Jakarta, IDN, 12190
PT Merdeka Copper Gold Tbk is a holding company. Along with its subsidiary, the company engages in the field of mining and other management consultancy activities. The company's gold projects consist of the Tujuh Bukit Gold Mine and the Pani Gold Project. The copper projects include Wetar Copper Mine and Tujuh Bukit Copper Project. The Nickel project comprises SCM Mine, RKEF Smelters, Nickel Matte Converter, AIM Project, HPAL Facilities, and IKIP. The majority of the company's revenue is generated by the Nickel segment.
92GF Score
Get the complete analysis for PMCGF
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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