WAI (Top KingWin) Forward Rate of Return (Yacktman) %: % (As of Dec. 2025)

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.

WAI Top KingWin Ltd WAI
59 GF Score
Price $1.61
GF Value $3.92
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Top KingWin Forward Rate of Return (Yacktman) %?

Top KingWin WAI +33.36% 59 Forward Rate of Return (Yacktman) % is % as of Dec. 2025. GuruFocus rates WAI with a GF Score™ of 59/100 and a GF Value™ of $3.92 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 517 Capital Markets companies, Top KingWin ranks worse than 193423.4% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Top KingWin's forward rate of return for was %.

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

WAI's Forward Rate of Return (Yacktman) % is not ranked *
in the Capital Markets industry.
Industry Median: 9.49
* Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.

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.


Top KingWin  (NAS:WAI) 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.


Top KingWin Forward Rate of Return (Yacktman) % Related Terms


Top KingWin Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Top KingWin'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.

Top KingWin Forward Rate of Return (Yacktman) % Chart

Top KingWin Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Forward Rate of Return (Yacktman) %
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Top KingWin Semi-Annual Data
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WAI vs MEGL, NCPL, SONM: Forward Rate of Return (Yacktman) % Comparison

For the Capital Markets subindustry, Top KingWin'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.


Top KingWin Forward Rate of Return (Yacktman) % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Top KingWin's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


WAI
59GF Score
Top KingWin Ltd WAI
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top KingWin 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).

Top KingWin's Forward Rate of Return of Dec. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0/2.13+0
=0.00 %

* 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 % mean?
Top KingWin (WAI) has a Forward Rate of Return (Yacktman) % of % 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 Top KingWin and its competitors. According to the industry distribution chart, Top KingWin ranks #999999 out of 517 companies in the Capital Markets industry.
Is Top KingWin's Forward Rate of Return (Yacktman) % too high?
Top KingWin's current Forward Rate of Return (Yacktman) % is %. Based on the distribution chart, Top KingWin ranks #999999 out of 517 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Top KingWin has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Top KingWin's Forward Rate of Return (Yacktman) % compare to MEGL and NCPL?
According to the Capital Markets industry distribution chart, Top KingWin ranks #999999 out of 517 companies for Forward Rate of Return (Yacktman) %. This places Top KingWin in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 9.49. 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 Capital Markets company?
The median Forward Rate of Return (Yacktman) % among Capital Markets companies is 9.49, based on 517 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. 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 Top KingWin and its competitors. For the Capital Markets industry, the median Forward Rate of Return (Yacktman) % is 9.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top KingWin's current Forward Rate of Return (Yacktman) % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top KingWin stock overvalued right now?
Based on GuruFocus' analysis, Top KingWin (WAI) is currently considered Possible Value Trap. The stock's GF Value™ is $3.92, compared to a current price of $1.61 — trading 58.9% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is %. Top KingWin's overall GF Score™ is 59/100 with 9 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 Top KingWin (WAI), the current Forward Rate of Return (Yacktman) % is % 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 Top KingWin (WAI) Overvalued in 2026?

Based on GuruFocus' analysis, Top KingWin stock appears to be undervalued. The current stock price of $1.61 is trading 58.9% below its estimated GF Value™ of $3.92. GuruFocus considers Top KingWin to be Possible Value Trap.

Key valuation signals for WAI:

  • Forward Rate of Return (Yacktman) %: %
  • GF Value™: $3.92 vs. price of $1.61 (58.9% below fair value)
  • GF Score™: 59/100 with 9 warning signs

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


Top KingWin Business Description

Address Intersection of Houhai Avenue and Haide 1st Road, 15N, Block B, Zhongzhou Holding Financial Center, Nanshan District, Guangdong Province, Shenzhen, CHN, 518064
Top KingWin Ltd is an offshore holding company. The company provides business services mainly to small and medium-sized enterprises, focusing on corporate training related to capital markets, business planning, and fundraising awareness, including guidance on public listing processes and regulatory basics. It also offers corporate consulting, advisory, and transaction services that are customized to clients' fundraising and strategic financial needs, often delivered as bundled or modular solutions. In addition, the company has expanded into selling AI-related devices for data collection and analysis as well as robots with interactive and multi-scenario capabilities, and it has also started limited overseas operations through a subsidiary in the United States.
59GF Score

Get the complete analysis for WAI

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

$1.61
Price
$3.92
GF Value