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Tupras-Turkiye Petrol Rafineleri ASTUPRF 65 Forward Rate of Return (Yacktman) % is 35.61% as of Jun. 2026, which is 44% above its 10-year median of 24.78. GuruFocus rates TUPRF with a GF Score™ of 65/100 and a GF Value™ of $1.63. The stock has 5 warning signs investors should review. Among 606 Oil & Gas companies, Tupras-Turkiye Petrol Rafineleri AS ranks better than 87.13% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Tupras-Turkiye Petrol Rafineleri AS's forward rate of return for was 35.61%.
The historical rank and industry rank for Tupras-Turkiye Petrol Rafineleri AS's Forward Rate of Return (Yacktman) % or its related term are showing as below:
TUPRF'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 22.6 Med: 24.78 Max: 36.37
Current: 28.97
During the past 13 years, Tupras-Turkiye Petrol Rafineleri AS's highest Forward Rate of Return was 36.37. The lowest was 22.60. And the median was 24.78.
TUPRF's Forward Rate of Return (Yacktman) % is ranked better than 87.13% of 606
companies
in the Oil & Gas industry
Industry Median: 13.155
vs TUPRF: 28.97
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.
Tupras-Turkiye Petrol Rafineleri AS (OTCPK:TUPRF) 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.
Tupras-Turkiye Petrol Rafineleri AS Forward Rate of Return (Yacktman) % Related Terms
Tupras-Turkiye Petrol Rafineleri AS Forward Rate of Return (Yacktman) % Historical Data
* 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.
Tupras-Turkiye Petrol Rafineleri AS Forward Rate of Return (Yacktman) % Chart
TUPRF vs MPC, VLO, PSX: Forward Rate of Return (Yacktman) % Comparison
For the Oil & Gas Refining & Marketing subindustry, Tupras-Turkiye Petrol Rafineleri AS'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.
Tupras-Turkiye Petrol Rafineleri AS Forward Rate of Return (Yacktman) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tupras-Turkiye Petrol Rafineleri AS's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Tupras-Turkiye Petrol Rafineleri AS's Forward Rate of Return (Yacktman) % falls into.
Tupras-Turkiye Petrol Rafineleri AS 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 35.61% mean?
Tupras-Turkiye Petrol Rafineleri AS (TUPRF) has a Forward Rate of Return (Yacktman) % of 35.61% 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 Tupras-Turkiye Petrol Rafineleri AS and its competitors. This is 44% above median its historical median of 24.78. Over the past decade, Tupras-Turkiye Petrol Rafineleri AS's Forward Rate of Return (Yacktman) % has ranged from 22.60 to 36.37. According to the industry distribution chart, Tupras-Turkiye Petrol Rafineleri AS ranks #78 out of 606 companies in the Oil & Gas industry, placing it in the top 12.9%.
Is Tupras-Turkiye Petrol Rafineleri AS's Forward Rate of Return (Yacktman) % too high?
Tupras-Turkiye Petrol Rafineleri AS's current Forward Rate of Return (Yacktman) % of 35.61% is 44% above median its 10-year median of 24.78. Over the past 10 years, this metric has ranged from a low of 22.60 to a high of 36.37. The Oil & Gas industry median Forward Rate of Return (Yacktman) % is 13.16. Tupras-Turkiye Petrol Rafineleri AS's value of 35.61% is 170.7% above this industry median. Based on the distribution chart, Tupras-Turkiye Petrol Rafineleri AS ranks #78 out of 606 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Tupras-Turkiye Petrol Rafineleri AS has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Tupras-Turkiye Petrol Rafineleri AS's Forward Rate of Return (Yacktman) % compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Tupras-Turkiye Petrol Rafineleri AS ranks #78 out of 606 companies for Forward Rate of Return (Yacktman) %. This places Tupras-Turkiye Petrol Rafineleri AS in the top 13% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 13.16. Tupras-Turkiye Petrol Rafineleri AS's value of 35.61% is 170.7% above this benchmark. Historically, Tupras-Turkiye Petrol Rafineleri AS's own Forward Rate of Return (Yacktman) % has ranged from 22.60 to 36.37 over the past decade. While the company's 10-year median is 24.78 vs. the industry median of 13.16, Tupras-Turkiye Petrol Rafineleri AS 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 Oil & Gas company?
The median Forward Rate of Return (Yacktman) % among Oil & Gas companies is 13.16, based on 606 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. Tupras-Turkiye Petrol Rafineleri AS's current Forward Rate of Return (Yacktman) % of 35.61% is 170.7% 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 Tupras-Turkiye Petrol Rafineleri AS and its competitors. For the Oil & Gas industry, the median Forward Rate of Return (Yacktman) % is 13.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tupras-Turkiye Petrol Rafineleri AS's current Forward Rate of Return (Yacktman) % is 35.61%, which is 44% above median its own 10-year median of 24.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tupras-Turkiye Petrol Rafineleri AS stock overvalued right now?
Tupras-Turkiye Petrol Rafineleri AS (TUPRF) has a current Forward Rate of Return (Yacktman) % of 35.61%. The stock's GF Value™ is $1.63, compared to a current price of $3.46 — trading 112.5% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 35.61%, which is 44% above median its 10-year median of 24.78 and 170.7% above the Oil & Gas industry median of 13.16. Tupras-Turkiye Petrol Rafineleri AS's overall GF Score™ is 65/100 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 Tupras-Turkiye Petrol Rafineleri AS (TUPRF), the current Forward Rate of Return (Yacktman) % is 35.61% 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 Tupras-Turkiye Petrol Rafineleri AS (TUPRF) Overvalued in 2026?
Based on GuruFocus' analysis, Tupras-Turkiye Petrol Rafineleri AS stock appears to be overvalued.
The current stock price of $3.46 is trading 112.5% above its estimated GF Value™ of $1.63.
Key valuation signals for TUPRF:
Forward Rate of Return (Yacktman) %: 35.61% (44% above median its 10-year median of 24.78)
GF Value™: $1.63 vs. price of $3.46 (112.5% above fair value)
Industry Position: 170.7% above the Oil & Gas median (#78 of 606)
No single metric tells the full story. See the TUPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tupras-Turkiye Petrol Rafineleri AS provides and refines crude oil through Turkish and international refineries. It also operates petrochemical factories and facilities. The company's complete line of products includes liquefied petroleum gas(LPG), fuel oil, waxes and extracts, bitumen, and other products. In addition to refining and producing products, the firm engages in the purchase, sell, import, export, store, marketing, and distribution of a variety of petroleum products. Distribution is completed through a network of foreign and domestic wholesalers and retailers. The majority of sales from refineries are domestic.
65GF Score
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