General de Alquiler de Maquinaria (XMAD:GAM) Forward Rate of Return (Yacktman) %: 30.71% (As of Dec. 2025) — 24% Above Median

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Director of Data and Quant Analytics at GuruFocus
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XMAD:GAM General de Alquiler de Maquinaria SA XMAD:GAM
79 GF Score
Price €1.48
GF Value €1.47
Valuation Fairly Valued
! 6 Warning Signs
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What is General de Alquiler de Maquinaria Forward Rate of Return (Yacktman) %?

General de Alquiler de Maquinaria XMAD:GAM +0.68% 79 Forward Rate of Return (Yacktman) % is 30.71% as of Dec. 2025, which is 24% above its 10-year median of 24.86. GuruFocus rates XMAD:GAM with a GF Score™ of 79/100 and a GF Value™ of €1.47 (Fairly Valued). The stock has 6 warning signs investors should review. Among 717 Business Services companies, General de Alquiler de Maquinaria ranks better than 90.93% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. General de Alquiler de Maquinaria's forward rate of return for was 30.71%.

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

XMAD:GAM' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 1.42   Med: 24.86   Max: 572.98
Current: 31.87

During the past 13 years, General de Alquiler de Maquinaria's highest Forward Rate of Return was 572.98. The lowest was 1.42. And the median was 24.86.

XMAD:GAM's Forward Rate of Return (Yacktman) % is ranked better than
90.93% of 717 companies
in the Business Services industry
Industry Median: 13.24 vs XMAD:GAM: 31.87

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.


General de Alquiler de Maquinaria  (XMAD:GAM) 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.


General de Alquiler de Maquinaria Forward Rate of Return (Yacktman) % Related Terms


General de Alquiler de Maquinaria Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for General de Alquiler de Maquinaria'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.

General de Alquiler de Maquinaria Forward Rate of Return (Yacktman) % Chart

General de Alquiler de Maquinaria 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 23.57 26.53 21.97 17.26 30.71

General de Alquiler de Maquinaria Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.00 17.26 0.00 30.71 0.00

XMAD:GAM vs URI, SUNB, AER: Forward Rate of Return (Yacktman) % Comparison

For the Rental & Leasing Services subindustry, General de Alquiler de Maquinaria'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.


General de Alquiler de Maquinaria Forward Rate of Return (Yacktman) % vs Business Services Industry

For the Business Services industry and Industrials sector, General de Alquiler de Maquinaria's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where General de Alquiler de Maquinaria's Forward Rate of Return (Yacktman) % falls into.


XMAD:GAM
79GF Score
General de Alquiler de Maquinaria SA XMAD:GAM
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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General de Alquiler de Maquinaria 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).

General de Alquiler de Maquinaria's Forward Rate of Return of Dec. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.247/1.59+0.1518
=30.71 %

* 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 30.71% mean?
General de Alquiler de Maquinaria (XMAD:GAM) has a Forward Rate of Return (Yacktman) % of 30.71% 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 General de Alquiler de Maquinaria and its competitors. This is 24% above median its historical median of 24.86. Over the past decade, General de Alquiler de Maquinaria's Forward Rate of Return (Yacktman) % has ranged from 1.42 to 572.98. According to the industry distribution chart, General de Alquiler de Maquinaria ranks #65 out of 717 companies in the Business Services industry, placing it in the top 9.1%.
Is General de Alquiler de Maquinaria's Forward Rate of Return (Yacktman) % too high?
General de Alquiler de Maquinaria's current Forward Rate of Return (Yacktman) % of 30.71% is 24% above median its 10-year median of 24.86. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 572.98. The Business Services industry median Forward Rate of Return (Yacktman) % is 13.24. General de Alquiler de Maquinaria's value of 30.71% is 131.9% above this industry median. Based on the distribution chart, General de Alquiler de Maquinaria ranks #65 out of 717 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, General de Alquiler de Maquinaria has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does General de Alquiler de Maquinaria's Forward Rate of Return (Yacktman) % compare to URI and SUNB?
According to the Business Services industry distribution chart, General de Alquiler de Maquinaria ranks #65 out of 717 companies for Forward Rate of Return (Yacktman) %. This places General de Alquiler de Maquinaria in the top 9% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 13.24. General de Alquiler de Maquinaria's value of 30.71% is 131.9% above this benchmark. Historically, General de Alquiler de Maquinaria's own Forward Rate of Return (Yacktman) % has ranged from 1.42 to 572.98 over the past decade. While the company's 10-year median is 24.86 vs. the industry median of 13.24, General de Alquiler de Maquinaria 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 Business Services company?
The median Forward Rate of Return (Yacktman) % among Business Services companies is 13.24, based on 717 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. General de Alquiler de Maquinaria's current Forward Rate of Return (Yacktman) % of 30.71% is 131.9% 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 General de Alquiler de Maquinaria and its competitors. For the Business Services industry, the median Forward Rate of Return (Yacktman) % is 13.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General de Alquiler de Maquinaria's current Forward Rate of Return (Yacktman) % is 30.71%, which is 24% above median its own 10-year median of 24.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General de Alquiler de Maquinaria stock overvalued right now?
Based on GuruFocus' analysis, General de Alquiler de Maquinaria (XMAD:GAM) is currently considered Fairly Valued. The stock's GF Value™ is €1.47, compared to a current price of €1.48 — trading 0.3% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 30.71%, which is 24% above median its 10-year median of 24.86 and 131.9% above the Business Services industry median of 13.24. General de Alquiler de Maquinaria's overall GF Score™ is 79/100 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 General de Alquiler de Maquinaria (XMAD:GAM), the current Forward Rate of Return (Yacktman) % is 30.71% 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 General de Alquiler de Maquinaria (XMAD:GAM) Overvalued in 2026?

Based on GuruFocus' analysis, General de Alquiler de Maquinaria stock appears to be overvalued. The current stock price of €1.48 is trading 0.3% above its estimated GF Value™ of €1.47. GuruFocus considers General de Alquiler de Maquinaria to be Fairly Valued.

Key valuation signals for XMAD:GAM:

  • Forward Rate of Return (Yacktman) %: 30.71% (24% above median its 10-year median of 24.86)
  • GF Value™: €1.47 vs. price of €1.48 (0.3% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 131.9% above the Business Services median (#65 of 717)

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


General de Alquiler de Maquinaria Business Description

Other Exchanges 0RTJ:UK4LX:Germany
Address Carretera Nacional II/INTA s/n, San Fernando de Henares, Madrid, ESP
General de Alquiler de Maquinaria SA is a machinery rental company. The company's rental fleet includes compactors, compressors, dumpers, electric machinery, platforms, cranes, scaffolds and transport vehicles, as well as auxiliary equipment and machinery used in the infrastructure, agricultural, port, construction, industrial and energy sectors. In addition, the company is involved in the sale of second-hand equipment.
79GF Score

Get the complete analysis for XMAD:GAM

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

€1.48
Price
€1.47
GF Value