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Talanx AGTLLXY 75 Forward Rate of Return (Yacktman) % is 20.00% as of Jun. 2026, which is 59% below its 10-year median of 49.08. GuruFocus rates TLLXY with a GF Score™ of 75/100 and a GF Value™ of $58.63 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 279 Insurance companies, Talanx AG ranks better than 89.96% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Talanx AG's forward rate of return for was 20.00%.
The historical rank and industry rank for Talanx AG's Forward Rate of Return (Yacktman) % or its related term are showing as below:
TLLXY'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 20 Med: 49.08 Max: 93.75
Current: 44.86
During the past 13 years, Talanx AG's highest Forward Rate of Return was 93.75. The lowest was 20.00. And the median was 49.08.
TLLXY's Forward Rate of Return (Yacktman) % is ranked better than 89.96% of 279
companies
in the Insurance industry
Industry Median: 16.75
vs TLLXY: 44.86
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.
Talanx AG (OTCPK:TLLXY) 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.
Talanx AG Forward Rate of Return (Yacktman) % Related Terms
Talanx AG Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Talanx 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.
Talanx AG Forward Rate of Return (Yacktman) % Chart
TLLXY vs BRK.A, AIG, HIG: Forward Rate of Return (Yacktman) % Comparison
For the Insurance - Diversified subindustry, Talanx 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.
Talanx AG Forward Rate of Return (Yacktman) % vs Insurance Industry
For the Insurance industry and Financial Services sector, Talanx AG's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Talanx AG's Forward Rate of Return (Yacktman) % falls into.
Talanx 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).
Talanx AG's Forward Rate of Return of Jun. 2026 is
Forward Rate of Return
=
Normalized Free Cash Flow
/
Price
+
5-Year EBITDA Growth Rate
=
16.394
/
61.675
+
0.2
=
46.58 %
* 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 20.00% mean?
Talanx AG (TLLXY) has a Forward Rate of Return (Yacktman) % of 20.00% 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 Talanx AG and its competitors. This is 59% below median its historical median of 49.08. Over the past decade, Talanx AG's Forward Rate of Return (Yacktman) % has ranged from 20.00 to 93.75. According to the industry distribution chart, Talanx AG ranks #28 out of 279 companies in the Insurance industry, placing it in the top 10%.
Is Talanx AG's Forward Rate of Return (Yacktman) % too high?
Talanx AG's current Forward Rate of Return (Yacktman) % of 20.00% is 59% below median its 10-year median of 49.08. Over the past 10 years, this metric has ranged from a low of 20.00 to a high of 93.75. The Insurance industry median Forward Rate of Return (Yacktman) % is 16.75. Talanx AG's value of 20.00% is 19.4% above this industry median. Based on the distribution chart, Talanx AG ranks #28 out of 279 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Talanx AG has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Talanx AG's Forward Rate of Return (Yacktman) % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Talanx AG ranks #28 out of 279 companies for Forward Rate of Return (Yacktman) %. This places Talanx AG in the top 10% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 16.75. Talanx AG's value of 20.00% is 19.4% above this benchmark. Historically, Talanx AG's own Forward Rate of Return (Yacktman) % has ranged from 20.00 to 93.75 over the past decade. While the company's 10-year median is 49.08 vs. the industry median of 16.75, Talanx 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 16.75, based on 279 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. Talanx AG's current Forward Rate of Return (Yacktman) % of 20.00% is 19.4% 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 Talanx AG and its competitors. For the Insurance industry, the median Forward Rate of Return (Yacktman) % is 16.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Talanx AG's current Forward Rate of Return (Yacktman) % is 20.00%, which is 59% below median its own 10-year median of 49.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Talanx AG stock overvalued right now?
Based on GuruFocus' analysis, Talanx AG (TLLXY) is currently considered Modestly Overvalued. The stock's GF Value™ is $58.63, compared to a current price of $72.23 — trading 23.2% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 20.00%, which is 59% below median its 10-year median of 49.08 and 19.4% above the Insurance industry median of 16.75. Talanx AG's overall GF Score™ is 75/100 with 4 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 Talanx AG (TLLXY), the current Forward Rate of Return (Yacktman) % is 20.00% 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.
Is Talanx AG (TLLXY) Overvalued in 2026?
Based on GuruFocus' analysis, Talanx AG stock appears to be overvalued.
The current stock price of $72.23 is trading 23.2% above its estimated GF Value™ of $58.63.
GuruFocus considers Talanx AG to be Modestly Overvalued.
Key valuation signals for TLLXY:
Forward Rate of Return (Yacktman) %: 20.00% (59% below median its 10-year median of 49.08)
GF Value™: $58.63 vs. price of $72.23 (23.2% above fair value)
Industry Position: 19.4% above the Insurance median (#28 of 279)
No single metric tells the full story. See the TLLXY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Talanx is the third largest insurer in Germany. It sells insurance to businesses, individuals, and reinsures other insurers. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry as a result of a growing dissatisfaction with providers of insurance. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual. HDI started providing reinsurance services in the mid-1920s, and individual insurance in the 1950s. HDI owns just over three-quarters of the Talanx share capital.
75GF Score
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