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Standard Chartered Bank GhanaXGHA:SCB 69 Forward Rate of Return (Yacktman) % is 17.93% as of Mar. 2026, which is 67% below its 10-year median of 54.78. GuruFocus rates XGHA:SCB with a GF Score™ of 69/100 and a GF Value™ of GHS38.45 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,419 Banks companies, Standard Chartered Bank Ghana ranks better than 60.39% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Standard Chartered Bank Ghana's forward rate of return for was 17.93%.
The historical rank and industry rank for Standard Chartered Bank Ghana's Forward Rate of Return (Yacktman) % or its related term are showing as below:
XGHA:SCB'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 16.97 Med: 54.78 Max: 103.46
Current: 18.01
During the past 13 years, Standard Chartered Bank Ghana's highest Forward Rate of Return was 103.46. The lowest was 16.97. And the median was 54.78.
XGHA:SCB's Forward Rate of Return (Yacktman) % is ranked better than 60.39% of 1419
companies
in the Banks industry
Industry Median: 15.5
vs XGHA:SCB: 18.01
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.
Standard Chartered Bank Ghana (XGHA:SCB) 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 Book Value 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.
Standard Chartered Bank Ghana Forward Rate of Return (Yacktman) % Related Terms
Standard Chartered Bank Ghana Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Standard Chartered Bank Ghana'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.
Standard Chartered Bank Ghana Forward Rate of Return (Yacktman) % Chart
XGHA:SCB vs PNC: Forward Rate of Return (Yacktman) % Comparison
For the Banks - Regional subindustry, Standard Chartered Bank Ghana'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.
Standard Chartered Bank Ghana Forward Rate of Return (Yacktman) % vs Banks Industry
For the Banks industry and Financial Services sector, Standard Chartered Bank Ghana's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Standard Chartered Bank Ghana's Forward Rate of Return (Yacktman) % falls into.
Standard Chartered Bank Ghana 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 17.93% mean?
Standard Chartered Bank Ghana (XGHA:SCB) has a Forward Rate of Return (Yacktman) % of 17.93% 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 Standard Chartered Bank Ghana and its competitors. This is 67% below median its historical median of 54.78. Over the past decade, Standard Chartered Bank Ghana's Forward Rate of Return (Yacktman) % has ranged from 16.97 to 103.46. According to the industry distribution chart, Standard Chartered Bank Ghana ranks #562 out of 1419 companies in the Banks industry, placing it in the top 39.6%.
Is Standard Chartered Bank Ghana's Forward Rate of Return (Yacktman) % too high?
Standard Chartered Bank Ghana's current Forward Rate of Return (Yacktman) % of 17.93% is 67% below median its 10-year median of 54.78. Over the past 10 years, this metric has ranged from a low of 16.97 to a high of 103.46. The Banks industry median Forward Rate of Return (Yacktman) % is 15.50. Standard Chartered Bank Ghana's value of 17.93% is 15.7% above this industry median. Based on the distribution chart, Standard Chartered Bank Ghana ranks #562 out of 1419 companies in the Banks industry, which is above the industry midpoint. Overall, Standard Chartered Bank Ghana has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Standard Chartered Bank Ghana's Forward Rate of Return (Yacktman) % compare to PNC?
According to the Banks industry distribution chart, Standard Chartered Bank Ghana ranks #562 out of 1419 companies for Forward Rate of Return (Yacktman) %. This puts Standard Chartered Bank Ghana in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 15.50. Standard Chartered Bank Ghana's value of 17.93% is 15.7% above this benchmark. Historically, Standard Chartered Bank Ghana's own Forward Rate of Return (Yacktman) % has ranged from 16.97 to 103.46 over the past decade. While the company's 10-year median is 54.78 vs. the industry median of 15.50, Standard Chartered Bank Ghana 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 Banks company?
The median Forward Rate of Return (Yacktman) % among Banks companies is 15.50, based on 1,419 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. Standard Chartered Bank Ghana's current Forward Rate of Return (Yacktman) % of 17.93% is 15.7% 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 Standard Chartered Bank Ghana and its competitors. For the Banks industry, the median Forward Rate of Return (Yacktman) % is 15.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Standard Chartered Bank Ghana's current Forward Rate of Return (Yacktman) % is 17.93%, which is 67% below median its own 10-year median of 54.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Chartered Bank Ghana stock overvalued right now?
Based on GuruFocus' analysis, Standard Chartered Bank Ghana (XGHA:SCB) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS38.45, compared to a current price of GHS70.00 — trading 82.1% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 17.93%, which is 67% below median its 10-year median of 54.78 and 15.7% above the Banks industry median of 15.50. Standard Chartered Bank Ghana's overall GF Score™ is 69/100 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 Standard Chartered Bank Ghana (XGHA:SCB), the current Forward Rate of Return (Yacktman) % is 17.93% 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 Standard Chartered Bank Ghana (XGHA:SCB) Overvalued in 2026?
Based on GuruFocus' analysis, Standard Chartered Bank Ghana stock appears to be overvalued.
The current stock price of GHS70.00 is trading 82.1% above its estimated GF Value™ of GHS38.45.
GuruFocus considers Standard Chartered Bank Ghana to be Significantly Overvalued.
Key valuation signals for XGHA:SCB:
Forward Rate of Return (Yacktman) %: 17.93% (67% below median its 10-year median of 54.78)
GF Value™: GHS38.45 vs. price of GHS70.00 (82.1% above fair value)
Industry Position: 15.7% above the Banks median (#562 of 1419)
No single metric tells the full story. See the XGHA:SCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Standard Chartered Bank Ghana PLC is a banking corporation registered in Ghana. It provides various banking services including personal banking, private banking, and business banking. The company manages its business into three segments namely, Corporate & Investment Banking, Wealth & Retail Banking, Ventures and Central & Other Items. The company's services include savings, loans, mortgages, credit cards, insurance, and investment opportunities for individual customers. It focuses on offering financial solutions to small-medium enterprises, corporates, and financial institutions. Geographically, it operates in Hong Kong, Korea, China, Singapore, UK, and U.S.
69GF Score
Get the complete analysis for XGHA:SCB
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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