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.
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.
Kino Polska TVWAR:KPL +1.10%92 Forward Rate of Return (Yacktman) % is 25.85% as of Jun. 2026, which is 2% above its 10-year median of 25.31. GuruFocus rates WAR:KPL with a GF Score™ of 92/100 and a GF Value™ of zł19.61 (Fairly Valued). The stock has 1 warning sign investors should review. Among 636 Media - Diversified companies, Kino Polska TV ranks better than 85.85% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Kino Polska TV's forward rate of return for was 25.85%.
The historical rank and industry rank for Kino Polska TV's Forward Rate of Return (Yacktman) % or its related term are showing as below:
WAR:KPL'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 10.77 Med: 25.31 Max: 31.58
Current: 26.14
During the past 13 years, Kino Polska TV's highest Forward Rate of Return was 31.58. The lowest was 10.77. And the median was 25.31.
WAR:KPL's Forward Rate of Return (Yacktman) % is ranked better than 85.85% of 636
companies
in the Media - Diversified industry
Industry Median: 6.25
vs WAR:KPL: 26.14
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.
Kino Polska TV (WAR:KPL) 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.
Kino Polska TV Forward Rate of Return (Yacktman) % Related Terms
Kino Polska TV Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Kino Polska TV'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.
Kino Polska TV Forward Rate of Return (Yacktman) % Chart
WAR:KPL vs NXST, NMAX: Forward Rate of Return (Yacktman) % Comparison
For the Broadcasting subindustry, Kino Polska TV'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.
Kino Polska TV Forward Rate of Return (Yacktman) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Kino Polska TV's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Kino Polska TV's Forward Rate of Return (Yacktman) % falls into.
Kino Polska TV 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 25.85% mean?
Kino Polska TV (WAR:KPL) has a Forward Rate of Return (Yacktman) % of 25.85% 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 Kino Polska TV and its competitors. This is near median its historical median of 25.31. Over the past decade, Kino Polska TV's Forward Rate of Return (Yacktman) % has ranged from 10.77 to 31.58. According to the industry distribution chart, Kino Polska TV ranks #90 out of 636 companies in the Media - Diversified industry, placing it in the top 14.2%.
Is Kino Polska TV's Forward Rate of Return (Yacktman) % too high?
Kino Polska TV's current Forward Rate of Return (Yacktman) % of 25.85% is near median its 10-year median of 25.31. Over the past 10 years, this metric has ranged from a low of 10.77 to a high of 31.58. The Media - Diversified industry median Forward Rate of Return (Yacktman) % is 6.25. Kino Polska TV's value of 25.85% is 313.6% above this industry median. Based on the distribution chart, Kino Polska TV ranks #90 out of 636 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Kino Polska TV has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kino Polska TV's Forward Rate of Return (Yacktman) % compare to NXST and NMAX?
According to the Media - Diversified industry distribution chart, Kino Polska TV ranks #90 out of 636 companies for Forward Rate of Return (Yacktman) %. This places Kino Polska TV in the top 14% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 6.25. Kino Polska TV's value of 25.85% is 313.6% above this benchmark. Historically, Kino Polska TV's own Forward Rate of Return (Yacktman) % has ranged from 10.77 to 31.58 over the past decade. While the company's 10-year median is 25.31 vs. the industry median of 6.25, Kino Polska TV 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 Media - Diversified company?
The median Forward Rate of Return (Yacktman) % among Media - Diversified companies is 6.25, based on 636 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. Kino Polska TV's current Forward Rate of Return (Yacktman) % of 25.85% is 313.6% 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 Kino Polska TV and its competitors. For the Media - Diversified industry, the median Forward Rate of Return (Yacktman) % is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kino Polska TV's current Forward Rate of Return (Yacktman) % is 25.85%, which is near median its own 10-year median of 25.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kino Polska TV stock overvalued right now?
Based on GuruFocus' analysis, Kino Polska TV (WAR:KPL) is currently considered Fairly Valued. The stock's GF Value™ is zł19.61, compared to a current price of zł18.40 — trading 6.2% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 25.85%, which is near median its 10-year median of 25.31 and 313.6% above the Media - Diversified industry median of 6.25. Kino Polska TV's overall GF Score™ is 92/100 with 1 warning sign 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 Kino Polska TV (WAR:KPL), the current Forward Rate of Return (Yacktman) % is 25.85% 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 Kino Polska TV (WAR:KPL) Overvalued in 2026?
Based on GuruFocus' analysis, Kino Polska TV stock appears to be undervalued.
The current stock price of zł18.40 is trading 6.2% below its estimated GF Value™ of zł19.61.
GuruFocus considers Kino Polska TV to be Fairly Valued.
Key valuation signals for WAR:KPL:
Forward Rate of Return (Yacktman) %: 25.85% (near median its 10-year median of 25.31)
GF Value™: zł19.61 vs. price of zł18.40 (6.2% below fair value)
Industry Position: 313.6% above the Media - Diversified median (#90 of 636)
No single metric tells the full story. See the WAR:KPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kino Polska TV SA is a Poland based company involved in offering distribution publishing film production Internet services and broadcasts television channels The companys core operations include broadcasting and producing television channels Kino Polska Kino Polska Muzyka Kino TV FilmBox Premium HD theme channels and terrestrial channels Zoom TV and Stopklatka sales of advertising time in Poland and in the Czech Republic and trading in licensing rights The channels produced broadcast and distributed by the Group are included in the offers of all Polish operators and also available in forty countries in all parts of the world.
92GF Score
Get the complete analysis for WAR:KPL
Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:KPL has been successfully added to your 
