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Smartstop Self Storage REITSMA +0.20%40 Forward Rate of Return (Yacktman) % is 24.52% as of Jun. 2026, which is 1% above its 10-year median of 24.28. GuruFocus rates SMA with a GF Score™ of 40/100. The stock has 7 warning signs investors should review. Among 632 REITs companies, Smartstop Self Storage REIT ranks better than 85.92% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Smartstop Self Storage REIT's forward rate of return for was 24.52%.
The historical rank and industry rank for Smartstop Self Storage REIT's Forward Rate of Return (Yacktman) % or its related term are showing as below:
SMA'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 23.34 Med: 24.28 Max: 24.78
Current: 24.52
During the past 8 years, Smartstop Self Storage REIT's highest Forward Rate of Return was 24.78. The lowest was 23.34. And the median was 24.28.
SMA's Forward Rate of Return (Yacktman) % is ranked better than 85.92% of 632
companies
in the REITs industry
Industry Median: 8.32
vs SMA: 24.52
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.
Smartstop Self Storage REIT Forward Rate of Return (Yacktman) % Related Terms
Smartstop Self Storage REIT Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Smartstop Self Storage REIT'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.
SMA vs IIPR, ILPT, LXP: Forward Rate of Return (Yacktman) % Comparison
For the REIT - Industrial subindustry, Smartstop Self Storage REIT'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.
Smartstop Self Storage REIT Forward Rate of Return (Yacktman) % vs REITs Industry
For the REITs industry and Real Estate sector, Smartstop Self Storage REIT's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Smartstop Self Storage REIT'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 24.52% mean?
Smartstop Self Storage REIT (SMA) has a Forward Rate of Return (Yacktman) % of 24.52% 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 Smartstop Self Storage REIT and its competitors. This is near median its historical median of 24.28. Over the past decade, Smartstop Self Storage REIT's Forward Rate of Return (Yacktman) % has ranged from 23.34 to 24.78. According to the industry distribution chart, Smartstop Self Storage REIT ranks #89 out of 632 companies in the REITs industry, placing it in the top 14.1%.
Is Smartstop Self Storage REIT's Forward Rate of Return (Yacktman) % too high?
Smartstop Self Storage REIT's current Forward Rate of Return (Yacktman) % of 24.52% is near median its 10-year median of 24.28. Over the past 10 years, this metric has ranged from a low of 23.34 to a high of 24.78. The REITs industry median Forward Rate of Return (Yacktman) % is 8.32. Smartstop Self Storage REIT's value of 24.52% is 194.7% above this industry median. Based on the distribution chart, Smartstop Self Storage REIT ranks #89 out of 632 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Smartstop Self Storage REIT has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Smartstop Self Storage REIT's Forward Rate of Return (Yacktman) % compare to IIPR and ILPT?
According to the REITs industry distribution chart, Smartstop Self Storage REIT ranks #89 out of 632 companies for Forward Rate of Return (Yacktman) %. This places Smartstop Self Storage REIT in the top 14% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 8.32. Smartstop Self Storage REIT's value of 24.52% is 194.7% above this benchmark. Historically, Smartstop Self Storage REIT's own Forward Rate of Return (Yacktman) % has ranged from 23.34 to 24.78 over the past decade. While the company's 10-year median is 24.28 vs. the industry median of 8.32, Smartstop Self Storage REIT 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 REITs company?
The median Forward Rate of Return (Yacktman) % among REITs companies is 8.32, based on 632 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. Smartstop Self Storage REIT's current Forward Rate of Return (Yacktman) % of 24.52% is 194.7% 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 Smartstop Self Storage REIT and its competitors. For the REITs industry, the median Forward Rate of Return (Yacktman) % is 8.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartstop Self Storage REIT's current Forward Rate of Return (Yacktman) % is 24.52%, which is near median its own 10-year median of 24.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartstop Self Storage REIT stock overvalued right now?
Smartstop Self Storage REIT (SMA) has a current Forward Rate of Return (Yacktman) % of 24.52%. The current Forward Rate of Return (Yacktman) % is 24.52%, which is near median its 10-year median of 24.28 and 194.7% above the REITs industry median of 8.32. Smartstop Self Storage REIT's overall GF Score™ is 40/100 with 7 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 Smartstop Self Storage REIT (SMA), the current Forward Rate of Return (Yacktman) % is 24.52% 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.
Smartstop Self Storage REIT Inc operates as a real estate investment trust. The trust owns, acquires, and operates self-storage properties. It operates in two segments, namely, self-storage operations, which generate key revenue, and the managed REIT platform business. The investment objective is to focus on investing in self-storage facilities and related self-storage real estate investments that are expected to support sustainable stockholder distributions over the long term.
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