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WAR:FSG's Forward Rate of Return (Yacktman) % is ranked better than 89.33% of 2155
companies
in the Industrial Products industry
Industry Median: 7.21
vs WAR:FSG: 21.59
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.
Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing (WAR:FSG) 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.
Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing Forward Rate of Return (Yacktman) % Related Terms
Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing 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.
Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing Forward Rate of Return (Yacktman) % Chart
Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing Annual Data
WAR:FSG vs CRS, ATI, MLI: Forward Rate of Return (Yacktman) % Comparison
For the Metal Fabrication subindustry, Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing'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.
Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing Forward Rate of Return (Yacktman) % vs Industrial Products Industry
Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing 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 20.96% mean?
Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing (WAR:FSG) has a Forward Rate of Return (Yacktman) % of 20.96% as of Mar. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing and its competitors. This is near median its historical median of 23.13. According to the industry distribution chart, Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing ranks #230 out of 2155 companies in the Industrial Products industry, placing it in the top 10.7%.
Is Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing's Forward Rate of Return (Yacktman) % too high?
Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing's current Forward Rate of Return (Yacktman) % of 20.96% is near median its 10-year median of 23.13. The Industrial Products industry median Forward Rate of Return (Yacktman) % is 7.21. Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing's value of 20.96% is 190.7% above this industry median. Based on the distribution chart, Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing ranks #230 out of 2155 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing's Forward Rate of Return (Yacktman) % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing ranks #230 out of 2155 companies for Forward Rate of Return (Yacktman) %. This places Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing in the top 11% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 7.21. Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing's value of 20.96% is 190.7% above this benchmark. While the company's 10-year median is 23.13 vs. the industry median of 7.21, Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing 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 Industrial Products company?
The median Forward Rate of Return (Yacktman) % among Industrial Products companies is 7.21, based on 2,155 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. Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing's current Forward Rate of Return (Yacktman) % of 20.96% is 190.7% 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 Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing and its competitors. For the Industrial Products industry, the median Forward Rate of Return (Yacktman) % is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing's current Forward Rate of Return (Yacktman) % is 20.96%, which is near median its own 10-year median of 23.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing stock overvalued right now?
Based on GuruFocus' analysis, Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing (WAR:FSG) is currently considered Fairly Valued. The stock's GF Value™ is zł14.04, compared to a current price of zł14.70 — trading 4.7% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 20.96%, which is near median its 10-year median of 23.13 and 190.7% above the Industrial Products industry median of 7.21. Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing's overall GF Score™ is 77/100 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 Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing (WAR:FSG), the current Forward Rate of Return (Yacktman) % is 20.96% as of Mar. 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 Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing (WAR:FSG) Overvalued in 2026?
Based on GuruFocus' analysis, Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing stock appears to be overvalued.
The current stock price of zł14.70 is trading 4.7% above its estimated GF Value™ of zł14.04.
GuruFocus considers Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing to be Fairly Valued.
Key valuation signals for WAR:FSG:
Forward Rate of Return (Yacktman) %: 20.96% (near median its 10-year median of 23.13)
GF Value™: zł14.04 vs. price of zł14.70 (4.7% above fair value)
Industry Position: 190.7% above the Industrial Products median (#230 of 2155)
No single metric tells the full story. See the WAR:FSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fabryki Sprzetu I Narzedzi Gorniczych Grupa Kapitalowa Fasing SA is involved in producing and selling chains for the mining, fishery, power, sugar, cement, timber, and other sectors world-wide. The company offers round and flat link mining chains, chain assemblies, connecting links, wear resistant round link chains, lifting chains, chains for hoists, general purpose chains, and accessories, as well as flight bars, clamps, and locks.
77GF Score
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Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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