Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Promotora Y Operadora de InfraestructuraB de CV's forward rate of return for was 26.56%.
PYYIF's Forward Rate of Return (Yacktman) % is ranked better than 90.66% of 1296
companies
in the Construction industry
Industry Median: 8.735
vs PYYIF: 26.98
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.
Promotora Y Operadora de InfraestructuraB de CV (OTCPK:PYYIF) 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.
Promotora Y Operadora de InfraestructuraB de CV Forward Rate of Return (Yacktman) % Related Terms
Promotora Y Operadora de InfraestructuraB de CV 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.
Promotora Y Operadora de InfraestructuraB de CV Forward Rate of Return (Yacktman) % Chart
Promotora Y Operadora de InfraestructuraB de CV Annual Data
Promotora Y Operadora de InfraestructuraB de CV Forward Rate of Return (Yacktman) % Competitor Comparison
For the Infrastructure Operations subindustry, Promotora Y Operadora de InfraestructuraB de CV'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.
Promotora Y Operadora de InfraestructuraB de CV Forward Rate of Return (Yacktman) % vs Construction Industry
Promotora Y Operadora de InfraestructuraB de CV 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 26.56% mean?
Promotora Y Operadora de InfraestructuraB de CV (PYYIF) has a Forward Rate of Return (Yacktman) % of 26.56% 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 Promotora Y Operadora de InfraestructuraB de CV and its competitors. This is 46% above median its historical median of 18.14. Over the past decade, Promotora Y Operadora de InfraestructuraB de CV's Forward Rate of Return (Yacktman) % has ranged from 7.14 to 30.66. According to the industry distribution chart, Promotora Y Operadora de InfraestructuraB de CV ranks #121 out of 1296 companies in the Construction industry, placing it in the top 9.3%.
Is Promotora Y Operadora de InfraestructuraB de CV's Forward Rate of Return (Yacktman) % too high?
Promotora Y Operadora de InfraestructuraB de CV's current Forward Rate of Return (Yacktman) % of 26.56% is 46% above median its 10-year median of 18.14. Over the past 10 years, this metric has ranged from a low of 7.14 to a high of 30.66. The Construction industry median Forward Rate of Return (Yacktman) % is 8.74. Promotora Y Operadora de InfraestructuraB de CV's value of 26.56% is 204.1% above this industry median. Based on the distribution chart, Promotora Y Operadora de InfraestructuraB de CV ranks #121 out of 1296 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Promotora Y Operadora de InfraestructuraB de CV has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Promotora Y Operadora de InfraestructuraB de CV's Forward Rate of Return (Yacktman) % compare to competitors?
According to the Construction industry distribution chart, Promotora Y Operadora de InfraestructuraB de CV ranks #121 out of 1296 companies for Forward Rate of Return (Yacktman) %. This places Promotora Y Operadora de InfraestructuraB de CV in the top 9% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 8.74. Promotora Y Operadora de InfraestructuraB de CV's value of 26.56% is 204.1% above this benchmark. Historically, Promotora Y Operadora de InfraestructuraB de CV's own Forward Rate of Return (Yacktman) % has ranged from 7.14 to 30.66 over the past decade. While the company's 10-year median is 18.14 vs. the industry median of 8.74, Promotora Y Operadora de InfraestructuraB de CV 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 Construction company?
The median Forward Rate of Return (Yacktman) % among Construction companies is 8.74, based on 1,296 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. Promotora Y Operadora de InfraestructuraB de CV's current Forward Rate of Return (Yacktman) % of 26.56% is 204.1% 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 Promotora Y Operadora de InfraestructuraB de CV and its competitors. For the Construction industry, the median Forward Rate of Return (Yacktman) % is 8.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Promotora Y Operadora de InfraestructuraB de CV's current Forward Rate of Return (Yacktman) % is 26.56%, which is 46% above median its own 10-year median of 18.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Promotora Y Operadora de InfraestructuraB de CV stock overvalued right now?
Promotora Y Operadora de InfraestructuraB de CV (PYYIF) has a current Forward Rate of Return (Yacktman) % of 26.56%. The stock's GF Value™ is $12.28, compared to a current price of $11.45 — trading 6.8% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 26.56%, which is 46% above median its 10-year median of 18.14 and 204.1% above the Construction industry median of 8.74. Promotora Y Operadora de InfraestructuraB de CV's overall GF Score™ is 88/100 with 1 warning sign 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 Promotora Y Operadora de InfraestructuraB de CV (PYYIF), the current Forward Rate of Return (Yacktman) % is 26.56% 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 Promotora Y Operadora de InfraestructuraB de CV (PYYIF) Overvalued in 2026?
Based on GuruFocus' analysis, Promotora Y Operadora de InfraestructuraB de CV stock appears to be undervalued.
The current stock price of $11.45 is trading 6.8% below its estimated GF Value™ of $12.28.
Key valuation signals for PYYIF:
Forward Rate of Return (Yacktman) %: 26.56% (46% above median its 10-year median of 18.14)
GF Value™: $12.28 vs. price of $11.45 (6.8% below fair value)
Industry Position: 204.1% above the Construction median (#121 of 1296)
No single metric tells the full story. See the PYYIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Promotora Y Operadora de Infraestructura SAB de CV, or Pinfra, develops and constructs infrastructure projects in Mexico. It completes highways, ports, railways, sewer systems, and other projects related to industrial development. The company has three business segments: concession, construction, and manufacture. The construction division provides services to its concessions, but has the capability to partner with third parties. Many concessions are fully operational, and the company supplies maintenance and operational support to adhere to requirements.
88GF Score
Get the complete analysis for PYYIF
Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PYYIF has been successfully added to your 
