Tri-Mode System (M) Bhd (XKLS:0199) Forward Rate of Return (Yacktman) %: -5.25% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

XKLS:0199 Tri-Mode System (M) Bhd XKLS:0199
42 GF Score
Price RM0.17
GF Value RM0.23
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Tri-Mode System (M) Bhd Forward Rate of Return (Yacktman) %?

Tri-Mode System (M) Bhd XKLS:0199 42 Forward Rate of Return (Yacktman) % is -5.25% as of Jun. 2026. GuruFocus rates XKLS:0199 with a GF Score™ of 42/100 and a GF Value™ of RM0.23 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 766 Transportation companies, Tri-Mode System (M) Bhd ranks worse than 74.8% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Tri-Mode System (M) Bhd's forward rate of return for was -5.25%.

The historical rank and industry rank for Tri-Mode System (M) Bhd's Forward Rate of Return (Yacktman) % or its related term are showing as below:

XKLS:0199' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -16.24   Med: 4.04   Max: 23.75
Current: -1.17

During the past 12 years, Tri-Mode System (M) Bhd's highest Forward Rate of Return was 23.75. The lowest was -16.24. And the median was 4.04.

XKLS:0199's Forward Rate of Return (Yacktman) % is ranked worse than
74.8% of 766 companies
in the Transportation industry
Industry Median: 10.27 vs XKLS:0199: -1.17

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.


Tri-Mode System (M) Bhd  (XKLS:0199) 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.


Tri-Mode System (M) Bhd Forward Rate of Return (Yacktman) % Related Terms


Tri-Mode System (M) Bhd Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Tri-Mode System (M) Bhd'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.

Tri-Mode System (M) Bhd Forward Rate of Return (Yacktman) % Chart

Tri-Mode System (M) Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.72 14.47 12.46 5.15 -4.26

Tri-Mode System (M) Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Forward Rate of Return (Yacktman) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.87 -18.23 -6.53 -2.89 -5.25

XKLS:0199 vs UPS, FDX, EXPD: Forward Rate of Return (Yacktman) % Comparison

For the Integrated Freight & Logistics subindustry, Tri-Mode System (M) Bhd'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.


Tri-Mode System (M) Bhd Forward Rate of Return (Yacktman) % vs Transportation Industry

For the Transportation industry and Industrials sector, Tri-Mode System (M) Bhd's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Tri-Mode System (M) Bhd's Forward Rate of Return (Yacktman) % falls into.


XKLS:0199
42GF Score
Tri-Mode System (M) Bhd XKLS:0199
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tri-Mode System (M) Bhd 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).

Tri-Mode System (M) Bhd's Forward Rate of Return of Jun. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.00704762/0.155+-0.098
=-5.25 %

* 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 -5.25% mean?
Tri-Mode System (M) Bhd (XKLS:0199) has a Forward Rate of Return (Yacktman) % of -5.25% 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 Tri-Mode System (M) Bhd and its competitors. According to the industry distribution chart, Tri-Mode System (M) Bhd ranks #573 out of 766 companies in the Transportation industry, placing it in the top 74.8%.
Is Tri-Mode System (M) Bhd's Forward Rate of Return (Yacktman) % too high?
Tri-Mode System (M) Bhd's current Forward Rate of Return (Yacktman) % is -5.25%. Based on the distribution chart, Tri-Mode System (M) Bhd ranks #573 out of 766 companies in the Transportation industry, which is below the industry midpoint. Overall, Tri-Mode System (M) Bhd has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tri-Mode System (M) Bhd's Forward Rate of Return (Yacktman) % compare to UPS and FDX?
According to the Transportation industry distribution chart, Tri-Mode System (M) Bhd ranks #573 out of 766 companies for Forward Rate of Return (Yacktman) %. This places Tri-Mode System (M) Bhd in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 10.27. 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 Transportation company?
The median Forward Rate of Return (Yacktman) % among Transportation companies is 10.27, based on 766 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 Tri-Mode System (M) Bhd and its competitors. For the Transportation industry, the median Forward Rate of Return (Yacktman) % is 10.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tri-Mode System (M) Bhd's current Forward Rate of Return (Yacktman) % is -5.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tri-Mode System (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tri-Mode System (M) Bhd (XKLS:0199) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.23, compared to a current price of RM0.17 — trading 28.3% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is -5.25%. Tri-Mode System (M) Bhd's overall GF Score™ is 42/100 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 Tri-Mode System (M) Bhd (XKLS:0199), the current Forward Rate of Return (Yacktman) % is -5.25% 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 Tri-Mode System (M) Bhd (XKLS:0199) Overvalued in 2026?

Based on GuruFocus' analysis, Tri-Mode System (M) Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 28.3% below its estimated GF Value™ of RM0.23. GuruFocus considers Tri-Mode System (M) Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0199:

  • Forward Rate of Return (Yacktman) %: -5.25%
  • GF Value™: RM0.23 vs. price of RM0.17 (28.3% below fair value)
  • GF Score™: 42/100 with 6 warning signs

No single metric tells the full story. See the XKLS:0199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tri-Mode System (M) Bhd Business Description

Address No.1 (Lot 48), Jalan Sungai, Chandong 24/KS11, Wisma Tri-Mode, Taman Perindustrian Pulau Indah (Fasa 3), Pulau Indah, SGR, MYS, 42920
Tri-Mode System (M) Bhd is an integrated logistics service provider & has six segments. Sea freight segment organizes shipments for customers & overseas freight forwarded & manage bookings for cargo space for sea shipments; Container haulage segment provides land transportation services; Air freight segment plans & manages booking of cargo space for customer's air shipments; Freights forwarding segment manages document preparation, customs clearance, airlines & container haulage division for transportation of cargoes; Warehousing segment provides services such as general storage, consolidation & deconsolidation, transshipment of cargoes & inventory management services; & Marine insurance segment provide insurance service on cargoes by group. The key revenue is from the Sea freight segment.
42GF Score

Get the complete analysis for XKLS:0199

Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.17
Price
RM0.23
GF Value