TPSRF (Topsports International Holdings) Forward Rate of Return (Yacktman) %: 6.93% (As of Feb. 2026) — 54% Below Median

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TPSRF Topsports International Holdings Ltd TPSRF
42 GF Score
Price $0.16
GF Value $0.34
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Topsports International Holdings Forward Rate of Return (Yacktman) %?

Topsports International Holdings TPSRF 42 Forward Rate of Return (Yacktman) % is 6.93% as of Feb. 2026, which is 54% below its 10-year median of 15.05. GuruFocus rates TPSRF with a GF Score™ of 42/100 and a GF Value™ of $0.34 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 793 Retail - Cyclical companies, Topsports International Holdings ranks better than 91.93% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Topsports International Holdings's forward rate of return for was 6.93%.

The historical rank and industry rank for Topsports International Holdings's Forward Rate of Return (Yacktman) % or its related term are showing as below:

TPSRF' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 7.62   Med: 15.05   Max: 49.63
Current: 42.2

During the past 10 years, Topsports International Holdings's highest Forward Rate of Return was 49.63. The lowest was 7.62. And the median was 15.05.

TPSRF's Forward Rate of Return (Yacktman) % is ranked better than
91.93% of 793 companies
in the Retail - Cyclical industry
Industry Median: 12.9 vs TPSRF: 42.20

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.


Topsports International Holdings  (OTCPK:TPSRF) 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.


Topsports International Holdings Forward Rate of Return (Yacktman) % Related Terms


Topsports International Holdings Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Topsports International Holdings'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.

Topsports International Holdings Forward Rate of Return (Yacktman) % Chart

Topsports International Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.28 10.05 7.64 10.53 6.93

Topsports International Holdings Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 7.64 0.00 10.53 0.00 6.93

TPSRF vs TJX, ROST, BURL: Forward Rate of Return (Yacktman) % Comparison

For the Apparel Retail subindustry, Topsports International Holdings'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.


Topsports International Holdings Forward Rate of Return (Yacktman) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Topsports International Holdings's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Topsports International Holdings's Forward Rate of Return (Yacktman) % falls into.


TPSRF
42GF Score
Topsports International Holdings Ltd TPSRF
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topsports International Holdings 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).

Topsports International Holdings's Forward Rate of Return of Feb. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.08566667/0.3343+-0.1427
=11.36 %

* 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 6.93% mean?
Topsports International Holdings (TPSRF) has a Forward Rate of Return (Yacktman) % of 6.93% as of Feb. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Topsports International Holdings and its competitors. This is 54% below median its historical median of 15.05. Over the past decade, Topsports International Holdings' Forward Rate of Return (Yacktman) % has ranged from 7.62 to 49.63. According to the industry distribution chart, Topsports International Holdings ranks #64 out of 793 companies in the Retail - Cyclical industry, placing it in the top 8.1%.
Is Topsports International Holdings' Forward Rate of Return (Yacktman) % too high?
Topsports International Holdings' current Forward Rate of Return (Yacktman) % of 6.93% is 54% below median its 10-year median of 15.05. Over the past 10 years, this metric has ranged from a low of 7.62 to a high of 49.63. The Retail - Cyclical industry median Forward Rate of Return (Yacktman) % is 12.90. Topsports International Holdings' value of 6.93% is 46.3% below this industry median. Based on the distribution chart, Topsports International Holdings ranks #64 out of 793 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Topsports International Holdings has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Topsports International Holdings' Forward Rate of Return (Yacktman) % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Topsports International Holdings ranks #64 out of 793 companies for Forward Rate of Return (Yacktman) %. This places Topsports International Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 12.90. Topsports International Holdings' value of 6.93% is 46.3% below this benchmark. Historically, Topsports International Holdings' own Forward Rate of Return (Yacktman) % has ranged from 7.62 to 49.63 over the past decade. While the company's 10-year median is 15.05 vs. the industry median of 12.90, Topsports International Holdings has consistently been below 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 Retail - Cyclical company?
The median Forward Rate of Return (Yacktman) % among Retail - Cyclical companies is 12.90, based on 793 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. Topsports International Holdings's current Forward Rate of Return (Yacktman) % of 6.93% is 46.3% below 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 Topsports International Holdings and its competitors. For the Retail - Cyclical industry, the median Forward Rate of Return (Yacktman) % is 12.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topsports International Holdings's current Forward Rate of Return (Yacktman) % is 6.93%, which is 54% below median its own 10-year median of 15.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topsports International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Topsports International Holdings (TPSRF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.34, compared to a current price of $0.16 — trading 54.4% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 6.93%, which is 54% below median its 10-year median of 15.05 and 46.3% below the Retail - Cyclical industry median of 12.90. Topsports International Holdings' overall GF Score™ is 42/100 with 5 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 Topsports International Holdings (TPSRF), the current Forward Rate of Return (Yacktman) % is 6.93% as of Feb. 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 Topsports International Holdings (TPSRF) Overvalued in 2026?

Based on GuruFocus' analysis, Topsports International Holdings stock appears to be undervalued. The current stock price of $0.16 is trading 54.4% below its estimated GF Value™ of $0.34. GuruFocus considers Topsports International Holdings to be Possible Value Trap.

Key valuation signals for TPSRF:

  • Forward Rate of Return (Yacktman) %: 6.93% (54% below median its 10-year median of 15.05)
  • GF Value™: $0.34 vs. price of $0.16 (54.4% below fair value)
  • GF Score™: 42/100 with 5 warning signs
  • Industry Position: 46.3% below the Retail - Cyclical median (#64 of 793)

No single metric tells the full story. See the TPSRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topsports International Holdings Business Description

Other Exchanges 06110:Hong Kong
Address 30-34 Kwai Wing Road, M1, 6th Floor, The Edge, Kwai Chung, Kowloon, New Territories, Hong Kong, HKG
Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers. The firm operates more than 4,000 stores directly as of the end of fiscal 2026, and most of these single-brand stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. Topsports also has partnerships with sportswear brands such as Puma, Li-Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.
42GF Score

Get the complete analysis for TPSRF

Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.16
Price
$0.34
GF Value