RTLLF (Rational AG) Forward Rate of Return (Yacktman) %: 22.65% (As of Mar. 2026) — 105% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

RTLLF Rational AG RTLLF
94 GF Score
Price $734.06
GF Value $885.85
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Rational AG Forward Rate of Return (Yacktman) %?

Rational AG RTLLF 94 Forward Rate of Return (Yacktman) % is 22.65% as of Mar. 2026, which is 105% above its 10-year median of 11.06. GuruFocus rates RTLLF with a GF Score™ of 94/100 and a GF Value™ of $885.85 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,151 Industrial Products companies, Rational AG ranks better than 91.68% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Rational AG's forward rate of return for was 22.65%.

The historical rank and industry rank for Rational AG's Forward Rate of Return (Yacktman) % or its related term are showing as below:

RTLLF' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -4.29   Med: 11.06   Max: 22.73
Current: 22.58

During the past 13 years, Rational AG's highest Forward Rate of Return was 22.73. The lowest was -4.29. And the median was 11.06.

RTLLF's Forward Rate of Return (Yacktman) % is ranked better than
91.68% of 2151 companies
in the Industrial Products industry
Industry Median: 7.73 vs RTLLF: 22.58

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.


Rational AG  (OTCPK:RTLLF) 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.


Rational AG Forward Rate of Return (Yacktman) % Related Terms


Rational AG Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Rational AG'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.

Rational AG Forward Rate of Return (Yacktman) % Chart

Rational AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.29 0.00 11.26 21.72 22.53

Rational AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Forward Rate of Return (Yacktman) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.76 22.13 22.50 22.53 22.65

RTLLF vs GEV, ETN, PH: Forward Rate of Return (Yacktman) % Comparison

For the Specialty Industrial Machinery subindustry, Rational AG'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.


Rational AG Forward Rate of Return (Yacktman) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rational AG's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Rational AG's Forward Rate of Return (Yacktman) % falls into.


RTLLF
94GF Score
Rational AG RTLLF
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rational AG 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).

Rational AG's Forward Rate of Return of Mar. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=18.27714286/695.8+0.2
=22.63 %

* 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 22.65% mean?
Rational AG (RTLLF) has a Forward Rate of Return (Yacktman) % of 22.65% 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 Rational AG and its competitors. This is 105% above median its historical median of 11.06. According to the industry distribution chart, Rational AG ranks #179 out of 2151 companies in the Industrial Products industry, placing it in the top 8.3%.
Is Rational AG's Forward Rate of Return (Yacktman) % too high?
Rational AG's current Forward Rate of Return (Yacktman) % of 22.65% is 105% above median its 10-year median of 11.06. The Industrial Products industry median Forward Rate of Return (Yacktman) % is 7.73. Rational AG's value of 22.65% is 193% above this industry median. Based on the distribution chart, Rational AG ranks #179 out of 2151 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Rational AG has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rational AG's Forward Rate of Return (Yacktman) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Rational AG ranks #179 out of 2151 companies for Forward Rate of Return (Yacktman) %. This places Rational AG in the top 8% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 7.73. Rational AG's value of 22.65% is 193% above this benchmark. While the company's 10-year median is 11.06 vs. the industry median of 7.73, Rational AG 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 an Industrial Products company?
The median Forward Rate of Return (Yacktman) % among Industrial Products companies is 7.73, based on 2,151 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. Rational AG's current Forward Rate of Return (Yacktman) % of 22.65% is 193% 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 Rational AG and its competitors. For the Industrial Products industry, the median Forward Rate of Return (Yacktman) % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rational AG's current Forward Rate of Return (Yacktman) % is 22.65%, which is 105% above median its own 10-year median of 11.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rational AG stock overvalued right now?
Based on GuruFocus' analysis, Rational AG (RTLLF) is currently considered Modestly Undervalued. The stock's GF Value™ is $885.85, compared to a current price of $734.06 — trading 17.1% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 22.65%, which is 105% above median its 10-year median of 11.06 and 193% above the Industrial Products industry median of 7.73. Rational AG's overall GF Score™ is 94/100 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 Rational AG (RTLLF), the current Forward Rate of Return (Yacktman) % is 22.65% 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 Rational AG (RTLLF) Overvalued in 2026?

Based on GuruFocus' analysis, Rational AG stock appears to be undervalued. The current stock price of $734.06 is trading 17.1% below its estimated GF Value™ of $885.85. GuruFocus considers Rational AG to be Modestly Undervalued.

Key valuation signals for RTLLF:

  • Forward Rate of Return (Yacktman) %: 22.65% (105% above median its 10-year median of 11.06)
  • GF Value™: $885.85 vs. price of $734.06 (17.1% below fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 193% above the Industrial Products median (#179 of 2151)

No single metric tells the full story. See the RTLLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rational AG Business Description

Address Siegfried-Meister-Strasse 1, Landsberg am Lech, BY, DEU, 86899
Rational specializes in manufacturing automated multifunctional ovens for professional kitchens that replace conventional cooking appliances such as a stove, grill, and oven. Rational has produced over 1 million combi-steamers since its first combi-steamer in 1976, which are used to prepare 160 million food dishes daily. Approximately 72% of group revenue is generated from the sale of cooking appliances, mostly the iCombi Pro that was launched in May 2020 and its predecessor product. Rational has a presence in over 120 countries. The majority of revenue is earned in Europe, followed by North America and Asia.
94GF Score

Get the complete analysis for RTLLF

Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$734.06
Price
$885.85
GF Value