K&O Energy Group (TSE:1663) Forward Rate of Return (Yacktman) %: 21.30% (As of Dec. 2025) — 23% Above Median


TSE:1663 K&O Energy Group Inc TSE:1663
73 GF Score
Price 円1,891.00
GF Value 円1,490.29
Valuation Modestly Overvalued
! 1 Warning Sign
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What is K&O Energy Group Forward Rate of Return (Yacktman) %?

K&O Energy Group TSE:1663 +1.07% 73 Forward Rate of Return (Yacktman) % is 21.30% as of Dec. 2025, which is 23% above its 10-year median of 17.25. GuruFocus rates TSE:1663 with a GF Score™ of 73/100 and a GF Value™ of 円1,490.29 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 429 Utilities - Regulated companies, K&O Energy Group ranks better than 83.45% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. K&O Energy Group's forward rate of return for was 21.30%.

The historical rank and industry rank for K&O Energy Group's Forward Rate of Return (Yacktman) % or its related term are showing as below:

TSE:1663' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -11.55   Med: 17.25   Max: 25.5
Current: 21.35

During the past 12 years, K&O Energy Group's highest Forward Rate of Return was 25.50. The lowest was -11.55. And the median was 17.25.

TSE:1663's Forward Rate of Return (Yacktman) % is ranked better than
83.45% of 429 companies
in the Utilities - Regulated industry
Industry Median: 6.8 vs TSE:1663: 21.35

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.


K&O Energy Group  (TSE:1663) 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.


K&O Energy Group Forward Rate of Return (Yacktman) % Related Terms


K&O Energy Group Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for K&O Energy Group'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.

K&O Energy Group Forward Rate of Return (Yacktman) % Chart

K&O Energy Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.10 14.93 21.08 19.40 21.30

K&O Energy Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 21.30 0.00

TSE:1663 vs ATO, NI: Forward Rate of Return (Yacktman) % Comparison

For the Utilities - Regulated Gas subindustry, K&O Energy Group'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.


K&O Energy Group Forward Rate of Return (Yacktman) % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, K&O Energy Group's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where K&O Energy Group's Forward Rate of Return (Yacktman) % falls into.


TSE:1663
73GF Score
K&O Energy Group Inc TSE:1663
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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K&O Energy Group 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).

K&O Energy Group's Forward Rate of Return of Dec. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=96.67233333/1910+0.1624
=21.30 %

* 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 21.30% mean?
K&O Energy Group (TSE:1663) has a Forward Rate of Return (Yacktman) % of 21.30% 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 K&O Energy Group and its competitors. This is 23% above median its historical median of 17.25. According to the industry distribution chart, K&O Energy Group ranks #71 out of 429 companies in the Utilities - Regulated industry, placing it in the top 16.6%.
Is K&O Energy Group's Forward Rate of Return (Yacktman) % too high?
K&O Energy Group's current Forward Rate of Return (Yacktman) % of 21.30% is 23% above median its 10-year median of 17.25. The Utilities - Regulated industry median Forward Rate of Return (Yacktman) % is 6.80. K&O Energy Group's value of 21.30% is 213.2% above this industry median. Based on the distribution chart, K&O Energy Group ranks #71 out of 429 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, K&O Energy Group has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does K&O Energy Group's Forward Rate of Return (Yacktman) % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, K&O Energy Group ranks #71 out of 429 companies for Forward Rate of Return (Yacktman) %. This places K&O Energy Group in the top 17% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 6.80. K&O Energy Group's value of 21.30% is 213.2% above this benchmark. While the company's 10-year median is 17.25 vs. the industry median of 6.80, K&O Energy Group 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 Utilities - Regulated company?
The median Forward Rate of Return (Yacktman) % among Utilities - Regulated companies is 6.80, based on 429 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. K&O Energy Group's current Forward Rate of Return (Yacktman) % of 21.30% is 213.2% 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 K&O Energy Group and its competitors. For the Utilities - Regulated industry, the median Forward Rate of Return (Yacktman) % is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K&O Energy Group's current Forward Rate of Return (Yacktman) % is 21.30%, which is 23% above median its own 10-year median of 17.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K&O Energy Group stock overvalued right now?
Based on GuruFocus' analysis, K&O Energy Group (TSE:1663) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,490.29, compared to a current price of 円1,891.00 — trading 26.9% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 21.30%, which is 23% above median its 10-year median of 17.25 and 213.2% above the Utilities - Regulated industry median of 6.80. K&O Energy Group's overall GF Score™ is 73/100 with 1 warning sign 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 K&O Energy Group (TSE:1663), the current Forward Rate of Return (Yacktman) % is 21.30% 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 K&O Energy Group (TSE:1663) Overvalued in 2026?

Based on GuruFocus' analysis, K&O Energy Group stock appears to be overvalued. The current stock price of 円1,891.00 is trading 26.9% above its estimated GF Value™ of 円1,490.29. GuruFocus considers K&O Energy Group to be Modestly Overvalued.

Key valuation signals for TSE:1663:

  • Forward Rate of Return (Yacktman) %: 21.30% (23% above median its 10-year median of 17.25)
  • GF Value™: 円1,490.29 vs. price of 円1,891.00 (26.9% above fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 213.2% above the Utilities - Regulated median (#71 of 429)

No single metric tells the full story. See the TSE:1663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


K&O Energy Group Business Description

Address 2-1-1 Nihonbashi-Muromachi, Chuo-ku, Tokyo, JPN, 103-0022
K&O Energy Group Inc through its subsidiaries is engaged in gas business and iodine business in Japan.
73GF Score

Get the complete analysis for TSE:1663

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

円1,891.00
Price
円1,490.29
GF Value