Swiss Re AGSSREF 63 Forward Rate of Return (Yacktman) % is 28.53% as of Dec. 2025, which is 13486% above its 10-year median of 0.21. GuruFocus rates SSREF with a GF Score™ of 63/100 and a GF Value™ of $133.01 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 283 Insurance companies, Swiss Re AG ranks better than 81.63% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Swiss Re AG's forward rate of return for was 28.53%.
The historical rank and industry rank for Swiss Re AG's Forward Rate of Return (Yacktman) % or its related term are showing as below:
SSREF'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -35.73 Med: 0.21 Max: 30.39
Current: 28.74
During the past 13 years, Swiss Re AG's highest Forward Rate of Return was 30.39. The lowest was -35.73. And the median was 0.21.
SSREF's Forward Rate of Return (Yacktman) % is ranked better than 81.63% of 283
companies
in the Insurance industry
Industry Median: 16.8
vs SSREF: 28.74
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.
Swiss Re AG (OTCPK:SSREF) 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.
Swiss Re AG Forward Rate of Return (Yacktman) % Related Terms
Swiss Re AG Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Swiss Re 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.
Swiss Re AG Forward Rate of Return (Yacktman) % Chart
SSREF vs RGA, EG, RNR: Forward Rate of Return (Yacktman) % Comparison
For the Insurance - Reinsurance subindustry, Swiss Re 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.
Swiss Re AG Forward Rate of Return (Yacktman) % vs Insurance Industry
For the Insurance industry and Financial Services sector, Swiss Re AG's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Swiss Re AG's Forward Rate of Return (Yacktman) % falls into.
Swiss Re 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).
Swiss Re AG's Forward Rate of Return of Dec. 2025 is
Forward Rate of Return
=
Normalized Free Cash Flow
/
Price
+
5-Year EBITDA Growth Rate
=
12.82833333
/
167.6
+
0.2
=
27.65 %
* 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 28.53% mean?
Swiss Re AG (SSREF) has a Forward Rate of Return (Yacktman) % of 28.53% as of Dec. 2025. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Swiss Re AG and its competitors. This is 13486% above median its historical median of 0.21. According to the industry distribution chart, Swiss Re AG ranks #52 out of 283 companies in the Insurance industry, placing it in the top 18.4%.
Is Swiss Re AG's Forward Rate of Return (Yacktman) % too high?
Swiss Re AG's current Forward Rate of Return (Yacktman) % of 28.53% is 13486% above median its 10-year median of 0.21. The Insurance industry median Forward Rate of Return (Yacktman) % is 16.80. Swiss Re AG's value of 28.53% is 69.8% above this industry median. Based on the distribution chart, Swiss Re AG ranks #52 out of 283 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Swiss Re AG has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swiss Re AG's Forward Rate of Return (Yacktman) % compare to RGA and EG?
According to the Insurance industry distribution chart, Swiss Re AG ranks #52 out of 283 companies for Forward Rate of Return (Yacktman) %. This places Swiss Re AG in the top 18% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 16.80. Swiss Re AG's value of 28.53% is 69.8% above this benchmark. While the company's 10-year median is 0.21 vs. the industry median of 16.80, Swiss Re 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 Insurance company?
The median Forward Rate of Return (Yacktman) % among Insurance companies is 16.80, based on 283 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. Swiss Re AG's current Forward Rate of Return (Yacktman) % of 28.53% is 69.8% 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 Swiss Re AG and its competitors. For the Insurance industry, the median Forward Rate of Return (Yacktman) % is 16.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swiss Re AG's current Forward Rate of Return (Yacktman) % is 28.53%, which is 13486% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swiss Re AG stock overvalued right now?
Based on GuruFocus' analysis, Swiss Re AG (SSREF) is currently considered Modestly Overvalued. The stock's GF Value™ is $133.01, compared to a current price of $161.77 — trading 21.6% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 28.53%, which is 13486% above median its 10-year median of 0.21 and 69.8% above the Insurance industry median of 16.80. Swiss Re AG's overall GF Score™ is 63/100 with 2 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 Swiss Re AG (SSREF), the current Forward Rate of Return (Yacktman) % is 28.53% as of Dec. 2025. 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 Swiss Re AG (SSREF) Overvalued in 2026?
Based on GuruFocus' analysis, Swiss Re AG stock appears to be overvalued.
The current stock price of $161.77 is trading 21.6% above its estimated GF Value™ of $133.01.
GuruFocus considers Swiss Re AG to be Modestly Overvalued.
Key valuation signals for SSREF:
Forward Rate of Return (Yacktman) %: 28.53% (13486% above median its 10-year median of 0.21)
GF Value™: $133.01 vs. price of $161.77 (21.6% above fair value)
Industry Position: 69.8% above the Insurance median (#52 of 283)
No single metric tells the full story. See the SSREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swiss Re is a reinsurer that has three core divisions: P&C reinsurance, life and health reinsurance, and corporate solutions. Swiss Re was founded in 1863 when the general manager of Helvetia sought to stem the flow of reinsurance premiums outside Switzerland. Moritz Grossmann argued he could cut the premiums paid to foreign firms, still make a profit, and pay mid-single-digit dividends. Swiss Re is now the second-largest reinsurer in the world by market capitalization, with 80 offices around the world and approximately 15,000 employees. While the business did lose its way in the early part of the millennium, led by an investment banker who heavily invested in securitizations, Swiss Re has recently focused on establishing quality within its three core divisions.
63GF Score
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