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Shenzhen FRD Science & Techonology Co (SZSE:300602) Forward Rate of Return (Yacktman) % : 0.00% (As of Mar. 2025)


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What is Shenzhen FRD Science & Techonology Co Forward Rate of Return (Yacktman) %?

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Shenzhen FRD Science & Techonology Co's forward rate of return for was 0.00%.

The historical rank and industry rank for Shenzhen FRD Science & Techonology Co's Forward Rate of Return (Yacktman) % or its related term are showing as below:

SZSE:300602' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -16.69   Med: 15.36   Max: 19.98
Current: -16.23

During the past 13 years, Shenzhen FRD Science & Techonology Co's highest Forward Rate of Return was 19.98. The lowest was -16.69. And the median was 15.36.

SZSE:300602's Forward Rate of Return (Yacktman) % is ranked worse than
83.1% of 1598 companies
in the Hardware industry
Industry Median: 7.595 vs SZSE:300602: -16.23

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.


Shenzhen FRD Science & Techonology Co Forward Rate of Return (Yacktman) % Historical Data

The historical data trend for Shenzhen FRD Science & Techonology 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.

Shenzhen FRD Science & Techonology Co Forward Rate of Return (Yacktman) % Chart

Shenzhen FRD Science & Techonology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.49 -15.72 - - -

Shenzhen FRD Science & Techonology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Competitive Comparison of Shenzhen FRD Science & Techonology Co's Forward Rate of Return (Yacktman) %

For the Electronic Components subindustry, Shenzhen FRD Science & Techonology 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.


Shenzhen FRD Science & Techonology Co's Forward Rate of Return (Yacktman) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen FRD Science & Techonology Co's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Shenzhen FRD Science & Techonology Co's Forward Rate of Return (Yacktman) % falls into.


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Shenzhen FRD Science & Techonology 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).

Shenzhen FRD Science & Techonology Co's Forward Rate of Return of Mar. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=-0.372/20.86+-0.1424
=-16.02 %

* 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.


Shenzhen FRD Science & Techonology Co  (SZSE:300602) 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.


Shenzhen FRD Science & Techonology Co Forward Rate of Return (Yacktman) % Related Terms

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


Shenzhen FRD Science & Techonology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Gaofa Industrial Park, Maotoushan, FRD Building, Beihuan Boulevard, 1st to 6th Floor, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055
Shenzhen FRD Science & Techonology Co Ltd is a China based company engaged in manufacturing of EMI shielding materials, Thermal interface materials and other related electronic materials. The company has a business presence in China, and other countries. EMI shielding materials include metal shielding products, electrically conductive elastomer, fabric over foam and conductive, electrically conductive plastics, and microwave absorber. Thermal materials comprise graphite film, thermal interface material, and thermally conductive plastics. The other supporting materials offered by the entity are PUR hot melt adhesive, and graphics overlay and labels.
Executives
Ma Jun Directors, executives
Wang Lin Na Executives
Shi Wei Min Executives
Ma Fei Director
Du Jin Song Directors, executives
Zhang Quan Hong Executives
Xie Huo Gui Supervisors
Liu Yi Executives
Wang Yan Directors, executives
Lan Yu Hong Executives
Qiu Huan Wen Directors, executives
Lai Xiang Dong Independent director

Shenzhen FRD Science & Techonology Co Headlines

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