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ZhongTongGuoMai Communication Co (SHSE:603559) Forward Rate of Return (Yacktman) % : 0.00% (As of Mar. 2025)


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What is ZhongTongGuoMai Communication Co Forward Rate of Return (Yacktman) %?

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. ZhongTongGuoMai Communication Co's forward rate of return for was 0.00%.

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

SHSE:603559's Forward Rate of Return (Yacktman) % is not ranked *
in the Software industry.
Industry Median: 11.61
* Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.

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.


ZhongTongGuoMai Communication Co Forward Rate of Return (Yacktman) % Historical Data

The historical data trend for ZhongTongGuoMai Communication Co'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.

* Premium members only.

ZhongTongGuoMai Communication Co Forward Rate of Return (Yacktman) % Chart

ZhongTongGuoMai Communication Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Forward Rate of Return (Yacktman) %
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ZhongTongGuoMai Communication Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of ZhongTongGuoMai Communication Co's Forward Rate of Return (Yacktman) %

For the Information Technology Services subindustry, ZhongTongGuoMai Communication Co'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.


ZhongTongGuoMai Communication Co's Forward Rate of Return (Yacktman) % Distribution in the Software Industry

For the Software industry and Technology sector, ZhongTongGuoMai Communication Co's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


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ZhongTongGuoMai Communication Co 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).

ZhongTongGuoMai Communication Co's Forward Rate of Return of Mar. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0/7.41+0
=0.00 %

* 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.


ZhongTongGuoMai Communication Co  (SHSE:603559) 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.


ZhongTongGuoMai Communication Co Forward Rate of Return (Yacktman) % Related Terms

Thank you for viewing the detailed overview of ZhongTongGuoMai Communication Co's Forward Rate of Return (Yacktman) % provided by GuruFocus.com. Please click on the following links to see related term pages.


ZhongTongGuoMai Communication Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6399, Nanhu Road, Jilin Province, Changchun, CHN, 130012
ZhongTongGuoMai Communication Co Ltd is the communication technology service provider in China. The company undertakes the communication network engineering consulting, surveying and design and construction activities; and communication network system operation and maintenance services. The communication technology services provided by the company mainly include two types of communication network engineering services and communication network maintenance services. The network engineering service refers to the construction of communication lines and communication pipes at the network level such as the core network, the transmission network and the access network.
Executives
Wang Shi Chao Director
Li Chun Tian Director
Qu Guo Li Supervisors
Zhang Jian Min senior management
Zhou Cai Hua Directors, senior managers
Zhang Xian Kun Director
Meng Qi senior management
Ma Si Long Supervisors
Zhang Li Yan senior management
Tang Zhi Yuan Director
Yu Sheng Xiang Director
Wang Zhen Gang Director

ZhongTongGuoMai Communication Co Headlines

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