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Telekom Srpske a.dXBLB:TLKM-R-A -1.53%100 Forward Rate of Return (Yacktman) % is 45.68% as of Dec. 2025, which is 36% above its 10-year median of 33.69. GuruFocus rates XBLB:TLKM-R-A with a GF Scoreâ„¢ of 100/100 and a GF Valueâ„¢ of BAM1.25 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 287 Telecommunication Services companies, Telekom Srpske a.d ranks better than 95.12% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Telekom Srpske a.d's forward rate of return for was 45.68%.
The historical rank and industry rank for Telekom Srpske a.d's Forward Rate of Return (Yacktman) % or its related term are showing as below:
XBLB:TLKM-R-A'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 24.27 Med: 33.69 Max: 47.12
Current: 46.33
During the past 13 years, Telekom Srpske a.d's highest Forward Rate of Return was 47.12. The lowest was 24.27. And the median was 33.69.
XBLB:TLKM-R-A's Forward Rate of Return (Yacktman) % is ranked better than 95.12% of 287
companies
in the Telecommunication Services industry
Industry Median: 11.17
vs XBLB:TLKM-R-A: 46.33
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.
Telekom Srpske a.d (XBLB:TLKM-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.
Telekom Srpske a.d Forward Rate of Return (Yacktman) % Related Terms
Telekom Srpske a.d Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Telekom Srpske a.d'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.
Telekom Srpske a.d Forward Rate of Return (Yacktman) % Chart
XBLB:TLKM-R-A vs VZ, TMUS, T: Forward Rate of Return (Yacktman) % Comparison
For the Telecom Services subindustry, Telekom Srpske a.d'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.
Telekom Srpske a.d Forward Rate of Return (Yacktman) % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telekom Srpske a.d's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Telekom Srpske a.d's Forward Rate of Return (Yacktman) % falls into.
Telekom Srpske a.d 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 45.68% mean?
Telekom Srpske a.d (XBLB:TLKM-R-A) has a Forward Rate of Return (Yacktman) % of 45.68% 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 Telekom Srpske a.d and its competitors. This is 36% above median its historical median of 33.69. Over the past decade, Telekom Srpske a.d's Forward Rate of Return (Yacktman) % has ranged from 24.27 to 47.12. According to the industry distribution chart, Telekom Srpske a.d ranks #14 out of 287 companies in the Telecommunication Services industry, placing it in the top 4.9%.
Is Telekom Srpske a.d's Forward Rate of Return (Yacktman) % too high?
Telekom Srpske a.d's current Forward Rate of Return (Yacktman) % of 45.68% is 36% above median its 10-year median of 33.69. Over the past 10 years, this metric has ranged from a low of 24.27 to a high of 47.12. The Telecommunication Services industry median Forward Rate of Return (Yacktman) % is 11.17. Telekom Srpske a.d's value of 45.68% is 309% above this industry median. Based on the distribution chart, Telekom Srpske a.d ranks #14 out of 287 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Telekom Srpske a.d has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Telekom Srpske a.d's Forward Rate of Return (Yacktman) % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Telekom Srpske a.d ranks #14 out of 287 companies for Forward Rate of Return (Yacktman) %. This places Telekom Srpske a.d in the top 5% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 11.17. Telekom Srpske a.d's value of 45.68% is 309% above this benchmark. Historically, Telekom Srpske a.d's own Forward Rate of Return (Yacktman) % has ranged from 24.27 to 47.12 over the past decade. While the company's 10-year median is 33.69 vs. the industry median of 11.17, Telekom Srpske a.d 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 Telecommunication Services company?
The median Forward Rate of Return (Yacktman) % among Telecommunication Services companies is 11.17, based on 287 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. Telekom Srpske a.d's current Forward Rate of Return (Yacktman) % of 45.68% is 309% 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 Telekom Srpske a.d and its competitors. For the Telecommunication Services industry, the median Forward Rate of Return (Yacktman) % is 11.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telekom Srpske a.d's current Forward Rate of Return (Yacktman) % is 45.68%, which is 36% above median its own 10-year median of 33.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telekom Srpske a.d stock overvalued right now?
Based on GuruFocus' analysis, Telekom Srpske a.d (XBLB:TLKM-R-A) is currently considered Modestly Undervalued. The stock's GF Value™ is BAM1.25, compared to a current price of BAM0.97 — trading 22.4% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 45.68%, which is 36% above median its 10-year median of 33.69 and 309% above the Telecommunication Services industry median of 11.17. Telekom Srpske a.d's overall GF Score™ is 100/100 with 6 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 Telekom Srpske a.d (XBLB:TLKM-R-A), the current Forward Rate of Return (Yacktman) % is 45.68% 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 Telekom Srpske a.d (XBLB:TLKM-R-A) Overvalued in 2026?
Based on GuruFocus' analysis, Telekom Srpske a.d stock appears to be undervalued.
The current stock price of BAM0.97 is trading 22.4% below its estimated GF Value™ of BAM1.25.
GuruFocus considers Telekom Srpske a.d to be Modestly Undervalued.
Key valuation signals for XBLB:TLKM-R-A:
Forward Rate of Return (Yacktman) %: 45.68% (36% above median its 10-year median of 33.69)
GF Value™: BAM1.25 vs. price of BAM0.97 (22.4% below fair value)
Industry Position: 309% above the Telecommunication Services median (#14 of 287)
No single metric tells the full story. See the XBLB:TLKM-R-A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telekom Srpske a.d is a telecommunications company. It offers telecommunication services in the field of mobile telephony, fixed telephony, digital television, the Internet and data transfer. In addition to its core business, the company also offers a wide range of other telecommunication services, including other fixed telephone services, data transfer, lease lines, as well as additional services in the field of mobile telephony, internet and multimedia services. The company also provides services in the field of leasing, construction, management and protection of telecommunication infrastructure.
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