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icapital biz Bhd (XKLS:5108) Forward Rate of Return (Yacktman) % : 0.00% (As of Feb. 2025)


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What is icapital biz Bhd Forward Rate of Return (Yacktman) %?

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

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

XKLS:5108' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 75   Med: 78.55   Max: 105.51
Current: 105.51

During the past 13 years, icapital biz Bhd's highest Forward Rate of Return was 105.51. The lowest was 75.00. And the median was 78.55.

XKLS:5108's Forward Rate of Return (Yacktman) % is ranked better than
99.24% of 1185 companies
in the Asset Management industry
Industry Median: 5.07 vs XKLS:5108: 105.51

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.


icapital biz Bhd Forward Rate of Return (Yacktman) % Historical Data

The historical data trend for icapital biz 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.

* Premium members only.

icapital biz Bhd Forward Rate of Return (Yacktman) % Chart

icapital biz Bhd Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Forward Rate of Return (Yacktman) %
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icapital biz Bhd Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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Competitive Comparison of icapital biz Bhd's Forward Rate of Return (Yacktman) %

For the Asset Management subindustry, icapital biz 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.


icapital biz Bhd's Forward Rate of Return (Yacktman) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, icapital biz Bhd's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


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icapital biz 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).

icapital biz Bhd's Forward Rate of Return of Feb. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=2.16342857/2.6+0.2
=103.21 %

* 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.


icapital biz Bhd  (XKLS:5108) 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.


icapital biz Bhd Forward Rate of Return (Yacktman) % Related Terms

Thank you for viewing the detailed overview of icapital biz Bhd's Forward Rate of Return (Yacktman) % provided by GuruFocus.com. Please click on the following links to see related term pages.


icapital biz Bhd Business Description

Traded in Other Exchanges
N/A
Address
201, Jalan Tun Sambanthan, Level 13, Menara 1 Sentrum, Brickfields, Kuala Lumpur, SGR, MYS, 50470
icapital biz Bhd is a Malaysian closed-end fund. The primary investment objective is a long-term capital appreciation of its investments. The company mainly invests in undervalued companies which are listed on the Main Market of Bursa Malaysia Securities Berhad and the ACE Market of Bursa Securities. It also invests in cash deposits. The revenue generated by the company includes interest income and dividend income.

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