VDEVF (Van de Velde NV) Forward Rate of Return (Yacktman) %: 14.37% (As of Dec. 2025) — 36% Above Median

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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.
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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.

VDEVF Van de Velde NV VDEVF
84 GF Score
Price $35.66
GF Value $38.59
! 3 Warning Signs
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What is Van de Velde NV Forward Rate of Return (Yacktman) %?

Van de Velde NV VDEVF 84 Forward Rate of Return (Yacktman) % is 14.37% as of Dec. 2025, which is 36% above its 10-year median of 10.57. GuruFocus rates VDEVF with a GF Score™ of 84/100 and a GF Value™ of $38.59. The stock has 3 warning signs investors should review. Among 815 Manufacturing - Apparel & Accessories companies, Van de Velde NV ranks better than 68.1% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Van de Velde NV's forward rate of return for was 14.37%.

The historical rank and industry rank for Van de Velde NV's Forward Rate of Return (Yacktman) % or its related term are showing as below:

VDEVF' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -5.93   Med: 10.57   Max: 19.45
Current: 14.42

During the past 13 years, Van de Velde NV's highest Forward Rate of Return was 19.45. The lowest was -5.93. And the median was 10.57.

VDEVF's Forward Rate of Return (Yacktman) % is ranked better than
68.1% of 815 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.08 vs VDEVF: 14.42

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.


Van de Velde NV  (OTCPK:VDEVF) 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.


Van de Velde NV Forward Rate of Return (Yacktman) % Related Terms


Van de Velde NV Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Van de Velde NV'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.

Van de Velde NV Forward Rate of Return (Yacktman) % Chart

Van de Velde NV 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 1.68 10.99 17.69 17.82 14.37

Van de Velde NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 17.69 0.00 17.82 0.00 14.37

VDEVF vs RL, LEVI, VFC: Forward Rate of Return (Yacktman) % Comparison

For the Apparel Manufacturing subindustry, Van de Velde NV'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.


Van de Velde NV Forward Rate of Return (Yacktman) % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Van de Velde NV's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Van de Velde NV's Forward Rate of Return (Yacktman) % falls into.


VDEVF
84GF Score
Van de Velde NV VDEVF
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Van de Velde NV 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).

Van de Velde NV's Forward Rate of Return of Dec. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=2.961/35.66+0.0438
=12.68 %

* 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 14.37% mean?
Van de Velde NV (VDEVF) has a Forward Rate of Return (Yacktman) % of 14.37% 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 Van de Velde NV and its competitors. This is 36% above median its historical median of 10.57. According to the industry distribution chart, Van de Velde NV ranks #260 out of 815 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 31.9%.
Is Van de Velde NV's Forward Rate of Return (Yacktman) % too high?
Van de Velde NV's current Forward Rate of Return (Yacktman) % of 14.37% is 36% above median its 10-year median of 10.57. The Manufacturing - Apparel & Accessories industry median Forward Rate of Return (Yacktman) % is 5.08. Van de Velde NV's value of 14.37% is 182.9% above this industry median. Based on the distribution chart, Van de Velde NV ranks #260 out of 815 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Van de Velde NV has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Van de Velde NV's Forward Rate of Return (Yacktman) % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Van de Velde NV ranks #260 out of 815 companies for Forward Rate of Return (Yacktman) %. This puts Van de Velde NV in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 5.08. Van de Velde NV's value of 14.37% is 182.9% above this benchmark. While the company's 10-year median is 10.57 vs. the industry median of 5.08, Van de Velde NV 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 Manufacturing - Apparel & Accessories company?
The median Forward Rate of Return (Yacktman) % among Manufacturing - Apparel & Accessories companies is 5.08, based on 815 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. Van de Velde NV's current Forward Rate of Return (Yacktman) % of 14.37% is 182.9% 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 Van de Velde NV and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Forward Rate of Return (Yacktman) % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Van de Velde NV's current Forward Rate of Return (Yacktman) % is 14.37%, which is 36% above median its own 10-year median of 10.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Van de Velde NV stock overvalued right now?
Van de Velde NV (VDEVF) has a current Forward Rate of Return (Yacktman) % of 14.37%. The stock's GF Value™ is $38.59, compared to a current price of $35.66 — trading 7.6% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 14.37%, which is 36% above median its 10-year median of 10.57 and 182.9% above the Manufacturing - Apparel & Accessories industry median of 5.08. Van de Velde NV'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 Van de Velde NV (VDEVF), the current Forward Rate of Return (Yacktman) % is 14.37% 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 Van de Velde NV (VDEVF) Overvalued in 2026?

Based on GuruFocus' analysis, Van de Velde NV stock appears to be undervalued. The current stock price of $35.66 is trading 7.6% below its estimated GF Value™ of $38.59.

Key valuation signals for VDEVF:

  • Forward Rate of Return (Yacktman) %: 14.37% (36% above median its 10-year median of 10.57)
  • GF Value™: $38.59 vs. price of $35.66 (7.6% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 182.9% above the Manufacturing - Apparel & Accessories median (#260 of 815)

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


Van de Velde NV Business Description

Address Lageweg 4, Schellebelle, BEL, 9260
Van de Velde NV designs and produces women's lingerie. Brands include Marie Jo, Primadonna, and Andres Sarda. The company distinguishes two operational segments based on the operating model: the B2B (business to business) and the D2C (direct to consumer) distribution channel. Van de Velde sells majority of its items through the wholesale channel to independent specialty retailers. The remaining sales are through retail stores the company owns or franchises. Van de Velde sells its products globally, and it has retail stores throughout continental Europe, the United Kingdom, the United States, Hong Kong, and Dubai.
84GF Score

Get the complete analysis for VDEVF

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

$35.66
Price
$38.59
GF Value