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CPI Card GroupPMTS -0.28%82 Forward Rate of Return (Yacktman) % is 10.96% as of Jun. 2026, which is 52% below its 10-year median of 23.04. GuruFocus rates PMTS with a GF Scoreâ„¢ of 82/100 and a GF Valueâ„¢ of $23.80 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 401 Credit Services companies, CPI Card Group ranks better than 55.36% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. CPI Card Group's forward rate of return for was 10.96%.
The historical rank and industry rank for CPI Card Group's Forward Rate of Return (Yacktman) % or its related term are showing as below:
PMTS'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 7.41 Med: 23.04 Max: 259.34
Current: 7.41
During the past 13 years, CPI Card Group's highest Forward Rate of Return was 259.34. The lowest was 7.41. And the median was 23.04.
PMTS's Forward Rate of Return (Yacktman) % is ranked better than 55.36% of 401
companies
in the Credit Services industry
Industry Median: 4.83
vs PMTS: 7.41
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.
CPI Card Group (NAS:PMTS) 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.
CPI Card Group Forward Rate of Return (Yacktman) % Related Terms
CPI Card Group Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for CPI Card Group'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.
CPI Card Group Forward Rate of Return (Yacktman) % Chart
PMTS vs MFIN, FOA, CPSS: Forward Rate of Return (Yacktman) % Comparison
For the Credit Services subindustry, CPI Card Group'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.
CPI Card Group Forward Rate of Return (Yacktman) % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, CPI Card Group's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where CPI Card Group's Forward Rate of Return (Yacktman) % falls into.
CPI Card Group 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 10.96% mean?
CPI Card Group (PMTS) has a Forward Rate of Return (Yacktman) % of 10.96% 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 CPI Card Group and its competitors. This is 52% below median its historical median of 23.04. Over the past decade, CPI Card Group's Forward Rate of Return (Yacktman) % has ranged from 7.41 to 259.34. According to the industry distribution chart, CPI Card Group ranks #179 out of 401 companies in the Credit Services industry, placing it in the top 44.6%.
Is CPI Card Group's Forward Rate of Return (Yacktman) % too high?
CPI Card Group's current Forward Rate of Return (Yacktman) % of 10.96% is 52% below median its 10-year median of 23.04. Over the past 10 years, this metric has ranged from a low of 7.41 to a high of 259.34. The Credit Services industry median Forward Rate of Return (Yacktman) % is 4.83. CPI Card Group's value of 10.96% is 126.9% above this industry median. Based on the distribution chart, CPI Card Group ranks #179 out of 401 companies in the Credit Services industry, which is above the industry midpoint. Overall, CPI Card Group has a GF Scoreâ„¢ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CPI Card Group's Forward Rate of Return (Yacktman) % compare to MFIN and FOA?
According to the Credit Services industry distribution chart, CPI Card Group ranks #179 out of 401 companies for Forward Rate of Return (Yacktman) %. This puts CPI Card Group in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 4.83. CPI Card Group's value of 10.96% is 126.9% above this benchmark. Historically, CPI Card Group's own Forward Rate of Return (Yacktman) % has ranged from 7.41 to 259.34 over the past decade. While the company's 10-year median is 23.04 vs. the industry median of 4.83, CPI Card Group 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 Credit Services company?
The median Forward Rate of Return (Yacktman) % among Credit Services companies is 4.83, based on 401 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. CPI Card Group's current Forward Rate of Return (Yacktman) % of 10.96% is 126.9% 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 CPI Card Group and its competitors. For the Credit Services industry, the median Forward Rate of Return (Yacktman) % is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPI Card Group's current Forward Rate of Return (Yacktman) % is 10.96%, which is 52% below median its own 10-year median of 23.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPI Card Group stock overvalued right now?
Based on GuruFocus' analysis, CPI Card Group (PMTS) is currently considered Modestly Overvalued. The stock's GF Value™ is $23.80, compared to a current price of $28.83 — trading 21.1% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 10.96%, which is 52% below median its 10-year median of 23.04 and 126.9% above the Credit Services industry median of 4.83. CPI Card Group's overall GF Score™ is 82/100 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 CPI Card Group (PMTS), the current Forward Rate of Return (Yacktman) % is 10.96% 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 CPI Card Group (PMTS) Overvalued in 2026?
Based on GuruFocus' analysis, CPI Card Group stock appears to be overvalued.
The current stock price of $28.83 is trading 21.1% above its estimated GF Value™ of $23.80.
GuruFocus considers CPI Card Group to be Modestly Overvalued.
Key valuation signals for PMTS:
Forward Rate of Return (Yacktman) %: 10.96% (52% below median its 10-year median of 23.04)
GF Value™: $23.80 vs. price of $28.83 (21.1% above fair value)
Industry Position: 126.9% above the Credit Services median (#179 of 401)
No single metric tells the full story. See the PMTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CPI Card Group Inc is a payment technology company engaged in providing financial payment card solutions and services. It offers credit, debit, and prepaid cards. The business segments of the group are Debit and Credit segment, which principally produce secure debit and credit cards and provide card services for U.S. card-issuing financial institutions, including personalization, instant issuance and other payment solutions such as digital push provisioning for mobile wallets; Prepaid Debit, which provides secure packaging solutions, Prepaid Debit Cards, and other integrated prepaid card services to prepaid program managers in the U.S.; and other: principally corporate expenses. The firm generates key revenue from Debit and Credit segment.
82GF Score
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