Elektrokrajina AD (XBLB:EKBL-R-A) Forward Rate of Return (Yacktman) %: 0.00% (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
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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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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.

What is Elektrokrajina AD Forward Rate of Return (Yacktman) %?

Elektrokrajina AD XBLB:EKBL-R-A Forward Rate of Return (Yacktman) % is 0.00% as of Dec. 2023.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Elektrokrajina AD's forward rate of return for was 0.00%.

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

XBLB:EKBL-R-A's Forward Rate of Return (Yacktman) % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 6.48
* 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.


Elektrokrajina AD  (XBLB:EKBL-R-A) 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.


Elektrokrajina AD Forward Rate of Return (Yacktman) % Related Terms


Elektrokrajina AD Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Elektrokrajina AD'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.

Elektrokrajina AD Forward Rate of Return (Yacktman) % Chart

Elektrokrajina AD Annual Data
Trend Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Elektrokrajina AD Semi-Annual Data
Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Forward Rate of Return (Yacktman) % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

XBLB:EKBL-R-A vs NEE, SO, DUK: Forward Rate of Return (Yacktman) % Comparison

For the Utilities - Regulated Electric subindustry, Elektrokrajina AD'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.


Elektrokrajina AD Forward Rate of Return (Yacktman) % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elektrokrajina AD's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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



Elektrokrajina AD 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).

Elektrokrajina AD's Forward Rate of Return of Dec. 2023 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0/0.095+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 0.00% mean?
Elektrokrajina AD (XBLB:EKBL-R-A) has a Forward Rate of Return (Yacktman) % of 0.00% as of Dec. 2023. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Elektrokrajina AD and its competitors.
Is Elektrokrajina AD's Forward Rate of Return (Yacktman) % too high?
Elektrokrajina AD's current Forward Rate of Return (Yacktman) % is 0.00%.
How does Elektrokrajina AD's Forward Rate of Return (Yacktman) % compare to NEE and SO?
Elektrokrajina AD's Forward Rate of Return (Yacktman) % of 0.00% can be compared against companies in the Utilities - Regulated industry. The industry median Forward Rate of Return (Yacktman) % is 6.48. 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 Utilities - Regulated company?
The median Forward Rate of Return (Yacktman) % among Utilities - Regulated companies is 6.48, based on 425 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 Elektrokrajina AD and its competitors. For the Utilities - Regulated industry, the median Forward Rate of Return (Yacktman) % is 6.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elektrokrajina AD's current Forward Rate of Return (Yacktman) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elektrokrajina AD stock overvalued right now?
Elektrokrajina AD (XBLB:EKBL-R-A) has a current Forward Rate of Return (Yacktman) % of 0.00%. The current Forward Rate of Return (Yacktman) % is 0.00%. 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 Elektrokrajina AD (XBLB:EKBL-R-A), the current Forward Rate of Return (Yacktman) % is 0.00% as of Dec. 2023. 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.

Elektrokrajina AD Business Description

Address 95 Kralja Petra I Karayoryeviya Street, Banja Luka, BIH, 78000
Elektrokrajina AD is an electricity distribution company operating in Bosnia and Herzegovina. The activities of the company include distribution and supply of electricity and designing power facilities as well as building and maintaining them.