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LSI IndustriesSTU:LS2 +0.94%89 Forward Rate of Return (Yacktman) % is 25.25% as of Mar. 2026, which is 5% above its 10-year median of 24.06. GuruFocus rates STU:LS2 with a GF Score™ of 89/100 and a GF Value™ of €17.29. The stock has 8 warning signs investors should review. Among 1,715 Hardware companies, LSI Industries ranks better than 92.24% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. LSI Industries's forward rate of return for was 25.25%.
The historical rank and industry rank for LSI Industries's Forward Rate of Return (Yacktman) % or its related term are showing as below:
STU:LS2'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 1.39 Med: 24.06 Max: 25.99
Current: 23.88
During the past 13 years, LSI Industries's highest Forward Rate of Return was 25.99. The lowest was 1.39. And the median was 24.06.
STU:LS2's Forward Rate of Return (Yacktman) % is ranked better than 92.24% of 1715
companies
in the Hardware industry
Industry Median: 4.26
vs STU:LS2: 23.88
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.
LSI Industries (STU:LS2) 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.
LSI Industries Forward Rate of Return (Yacktman) % Related Terms
LSI Industries Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for LSI Industries'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.
LSI Industries Forward Rate of Return (Yacktman) % Chart
STU:LS2 vs DAKT, LPTH, KOPN: Forward Rate of Return (Yacktman) % Comparison
For the Electronic Components subindustry, LSI Industries'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.
LSI Industries Forward Rate of Return (Yacktman) % vs Hardware Industry
For the Hardware industry and Technology sector, LSI Industries's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where LSI Industries's Forward Rate of Return (Yacktman) % falls into.
LSI Industries 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 25.25% mean?
LSI Industries (STU:LS2) has a Forward Rate of Return (Yacktman) % of 25.25% 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 LSI Industries and its competitors. This is near median its historical median of 24.06. Over the past decade, LSI Industries' Forward Rate of Return (Yacktman) % has ranged from 1.39 to 25.99. According to the industry distribution chart, LSI Industries ranks #133 out of 1715 companies in the Hardware industry, placing it in the top 7.8%.
Is LSI Industries' Forward Rate of Return (Yacktman) % too high?
LSI Industries' current Forward Rate of Return (Yacktman) % of 25.25% is near median its 10-year median of 24.06. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 25.99. The Hardware industry median Forward Rate of Return (Yacktman) % is 4.26. LSI Industries' value of 25.25% is 492.7% above this industry median. Based on the distribution chart, LSI Industries ranks #133 out of 1715 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, LSI Industries has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does LSI Industries' Forward Rate of Return (Yacktman) % compare to DAKT and LPTH?
According to the Hardware industry distribution chart, LSI Industries ranks #133 out of 1715 companies for Forward Rate of Return (Yacktman) %. This places LSI Industries in the top 8% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 4.26. LSI Industries' value of 25.25% is 492.7% above this benchmark. Historically, LSI Industries' own Forward Rate of Return (Yacktman) % has ranged from 1.39 to 25.99 over the past decade. While the company's 10-year median is 24.06 vs. the industry median of 4.26, LSI Industries 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 Hardware company?
The median Forward Rate of Return (Yacktman) % among Hardware companies is 4.26, based on 1,715 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. LSI Industries's current Forward Rate of Return (Yacktman) % of 25.25% is 492.7% 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 LSI Industries and its competitors. For the Hardware industry, the median Forward Rate of Return (Yacktman) % is 4.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LSI Industries's current Forward Rate of Return (Yacktman) % is 25.25%, which is near median its own 10-year median of 24.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LSI Industries stock overvalued right now?
LSI Industries (STU:LS2) has a current Forward Rate of Return (Yacktman) % of 25.25%. The stock's GF Value™ is €17.29, compared to a current price of €21.40 — trading 23.8% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 25.25%, which is near median its 10-year median of 24.06 and 492.7% above the Hardware industry median of 4.26. LSI Industries' overall GF Score™ is 89/100 with 8 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 LSI Industries (STU:LS2), the current Forward Rate of Return (Yacktman) % is 25.25% 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 LSI Industries (STU:LS2) Overvalued in 2026?
Based on GuruFocus' analysis, LSI Industries stock appears to be overvalued.
The current stock price of €21.40 is trading 23.8% above its estimated GF Value™ of €17.29.
Key valuation signals for STU:LS2:
Forward Rate of Return (Yacktman) %: 25.25% (near median its 10-year median of 24.06)
GF Value™: €17.29 vs. price of €21.40 (23.8% above fair value)
Industry Position: 492.7% above the Hardware median (#133 of 1715)
No single metric tells the full story. See the STU:LS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments include Lighting and Display Solutions. It generates maximum revenue from the Display solutions segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets. The Display Solutions Segment manufactures, sells, and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements.
89GF Score
Get the complete analysis for STU:LS2
Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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