TYTMF (Tokyo Tatemono Co) Forward Rate of Return (Yacktman) %: 16.72% (As of Dec. 2025) — 44% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TYTMF Tokyo Tatemono Co Ltd TYTMF
84 GF Score
Price $23.29
GF Value $19.88
! 3 Warning Signs
View Full Analysis

What is Tokyo Tatemono Co Forward Rate of Return (Yacktman) %?

Tokyo Tatemono Co TYTMF 84 Forward Rate of Return (Yacktman) % is 16.72% as of Dec. 2025, which is 44% above its 10-year median of 11.63. GuruFocus rates TYTMF with a GF Score™ of 84/100 and a GF Value™ of $19.88. The stock has 3 warning signs investors should review. Among 1,305 Real Estate companies, Tokyo Tatemono Co ranks better than 66.59% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Tokyo Tatemono Co's forward rate of return for was 16.72%.

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

TYTMF' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -14.38   Med: 11.63   Max: 19.34
Current: 16.88

During the past 13 years, Tokyo Tatemono Co's highest Forward Rate of Return was 19.34. The lowest was -14.38. And the median was 11.63.

TYTMF's Forward Rate of Return (Yacktman) % is ranked better than
66.59% of 1305 companies
in the Real Estate industry
Industry Median: 6.74 vs TYTMF: 16.88

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.


Tokyo Tatemono Co  (OTCPK:TYTMF) 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.


Tokyo Tatemono Co Forward Rate of Return (Yacktman) % Related Terms


Tokyo Tatemono Co Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Tokyo Tatemono 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.

Tokyo Tatemono Co Forward Rate of Return (Yacktman) % Chart

Tokyo Tatemono Co 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 17.20 15.97 15.29 16.93 16.72

Tokyo Tatemono Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 16.72 0.00

TYTMF vs CBRE, BEKE, JLL: Forward Rate of Return (Yacktman) % Comparison

For the Real Estate Services subindustry, Tokyo Tatemono 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.


Tokyo Tatemono Co Forward Rate of Return (Yacktman) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokyo Tatemono Co's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Tokyo Tatemono Co's Forward Rate of Return (Yacktman) % falls into.


TYTMF
84GF Score
Tokyo Tatemono Co Ltd TYTMF
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Tatemono 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).

Tokyo Tatemono Co's Forward Rate of Return of Dec. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=1.15333333/21.4354+0.0345
=8.83 %

* 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 16.72% mean?
Tokyo Tatemono Co (TYTMF) has a Forward Rate of Return (Yacktman) % of 16.72% 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 Tokyo Tatemono Co and its competitors. This is 44% above median its historical median of 11.63. According to the industry distribution chart, Tokyo Tatemono Co ranks #436 out of 1305 companies in the Real Estate industry, placing it in the top 33.4%.
Is Tokyo Tatemono Co's Forward Rate of Return (Yacktman) % too high?
Tokyo Tatemono Co's current Forward Rate of Return (Yacktman) % of 16.72% is 44% above median its 10-year median of 11.63. The Real Estate industry median Forward Rate of Return (Yacktman) % is 6.74. Tokyo Tatemono Co's value of 16.72% is 148.1% above this industry median. Based on the distribution chart, Tokyo Tatemono Co ranks #436 out of 1305 companies in the Real Estate industry, which is above the industry midpoint. Overall, Tokyo Tatemono Co has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Tokyo Tatemono Co's Forward Rate of Return (Yacktman) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Tokyo Tatemono Co ranks #436 out of 1305 companies for Forward Rate of Return (Yacktman) %. This puts Tokyo Tatemono Co in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 6.74. Tokyo Tatemono Co's value of 16.72% is 148.1% above this benchmark. While the company's 10-year median is 11.63 vs. the industry median of 6.74, Tokyo Tatemono Co 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 a Real Estate company?
The median Forward Rate of Return (Yacktman) % among Real Estate companies is 6.74, based on 1,305 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. Tokyo Tatemono Co's current Forward Rate of Return (Yacktman) % of 16.72% is 148.1% 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 Tokyo Tatemono Co and its competitors. For the Real Estate industry, the median Forward Rate of Return (Yacktman) % is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Tatemono Co's current Forward Rate of Return (Yacktman) % is 16.72%, which is 44% above median its own 10-year median of 11.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Tatemono Co stock overvalued right now?
Tokyo Tatemono Co (TYTMF) has a current Forward Rate of Return (Yacktman) % of 16.72%. The stock's GF Value™ is $19.88, compared to a current price of $23.29 — trading 17.2% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 16.72%, which is 44% above median its 10-year median of 11.63 and 148.1% above the Real Estate industry median of 6.74. Tokyo Tatemono Co's overall GF Score™ is 84/100 with 3 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 Tokyo Tatemono Co (TYTMF), the current Forward Rate of Return (Yacktman) % is 16.72% 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 Tokyo Tatemono Co (TYTMF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Tatemono Co stock appears to be overvalued. The current stock price of $23.29 is trading 17.2% above its estimated GF Value™ of $19.88.

Key valuation signals for TYTMF:

  • Forward Rate of Return (Yacktman) %: 16.72% (44% above median its 10-year median of 11.63)
  • GF Value™: $19.88 vs. price of $23.29 (17.2% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 148.1% above the Real Estate median (#436 of 1305)

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


Tokyo Tatemono Co Business Description

Other Exchanges 8804:JapanT6R:Germany
Address 1-4-16 Yaesu, Tokyo Tatemono Yaesu Building, Chuo-ku, Tokyo, JPN, 103-8285
Tokyo Tatemono Co Ltd is a Japan-based company engaged in the real estate business. The company operates through three reportable segments: Building Business, Housing Business, and Asset Service Business. The Building Business is involved in the development, leasing, sale, and management of office buildings, commercial facilities, and logistics properties. The Housing Business focuses on the development, sale, leasing, and management of condominiums and other residential properties. The Asset Service Business handles real estate purchases, brokerage, consulting, and parking lot development and operations. It generates the majority of its revenue from the Housing business segment.
84GF Score

Get the complete analysis for TYTMF

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

$23.29
Price
$19.88
GF Value