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General De Galerias Comerciales SocimiXMAD:GGC 88 Forward Rate of Return (Yacktman) % is 20.76% as of Dec. 2025, which is 105% above its 10-year median of 10.15. GuruFocus rates XMAD:GGC with a GF Score™ of 88/100 and a GF Value™ of €157.08 (Fairly Valued). The stock has 1 warning sign investors should review. Among 632 REITs companies, General De Galerias Comerciales Socimi ranks better than 78.8% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. General De Galerias Comerciales Socimi's forward rate of return for was 20.76%.
The historical rank and industry rank for General De Galerias Comerciales Socimi's Forward Rate of Return (Yacktman) % or its related term are showing as below:
XMAD:GGC'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -3.62 Med: 10.15 Max: 21.89
Current: 20.76
During the past 13 years, General De Galerias Comerciales Socimi's highest Forward Rate of Return was 21.89. The lowest was -3.62. And the median was 10.15.
XMAD:GGC's Forward Rate of Return (Yacktman) % is ranked better than 78.8% of 632
companies
in the REITs industry
Industry Median: 8.32
vs XMAD:GGC: 20.76
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 Galerias Comerciales Socimi (XMAD:GGC) 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 Galerias Comerciales Socimi Forward Rate of Return (Yacktman) % Related Terms
General De Galerias Comerciales Socimi Forward Rate of Return (Yacktman) % Historical Data
* 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 Galerias Comerciales Socimi Forward Rate of Return (Yacktman) % Chart
General De Galerias Comerciales Socimi Annual Data
XMAD:GGC vs SPG, O, KIM: Forward Rate of Return (Yacktman) % Comparison
For the REIT - Retail subindustry, General De Galerias Comerciales Socimi'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 Galerias Comerciales Socimi Forward Rate of Return (Yacktman) % vs REITs Industry
For the REITs industry and Real Estate sector, General De Galerias Comerciales Socimi's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where General De Galerias Comerciales Socimi's Forward Rate of Return (Yacktman) % falls into.
General De Galerias Comerciales Socimi 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 20.76% mean?
General De Galerias Comerciales Socimi (XMAD:GGC) has a Forward Rate of Return (Yacktman) % of 20.76% 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 Galerias Comerciales Socimi and its competitors. This is 105% above median its historical median of 10.15. According to the industry distribution chart, General De Galerias Comerciales Socimi ranks #134 out of 632 companies in the REITs industry, placing it in the top 21.2%.
Is General De Galerias Comerciales Socimi's Forward Rate of Return (Yacktman) % too high?
General De Galerias Comerciales Socimi's current Forward Rate of Return (Yacktman) % of 20.76% is 105% above median its 10-year median of 10.15. The REITs industry median Forward Rate of Return (Yacktman) % is 8.32. General De Galerias Comerciales Socimi's value of 20.76% is 149.5% above this industry median. Based on the distribution chart, General De Galerias Comerciales Socimi ranks #134 out of 632 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, General De Galerias Comerciales Socimi has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does General De Galerias Comerciales Socimi's Forward Rate of Return (Yacktman) % compare to SPG and O?
According to the REITs industry distribution chart, General De Galerias Comerciales Socimi ranks #134 out of 632 companies for Forward Rate of Return (Yacktman) %. This places General De Galerias Comerciales Socimi in the top 21% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 8.32. General De Galerias Comerciales Socimi's value of 20.76% is 149.5% above this benchmark. While the company's 10-year median is 10.15 vs. the industry median of 8.32, General De Galerias Comerciales Socimi 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 REITs company?
The median Forward Rate of Return (Yacktman) % among REITs companies is 8.32, based on 632 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 Galerias Comerciales Socimi's current Forward Rate of Return (Yacktman) % of 20.76% is 149.5% 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 Galerias Comerciales Socimi and its competitors. For the REITs industry, the median Forward Rate of Return (Yacktman) % is 8.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General De Galerias Comerciales Socimi's current Forward Rate of Return (Yacktman) % is 20.76%, which is 105% above median its own 10-year median of 10.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General De Galerias Comerciales Socimi stock overvalued right now?
Based on GuruFocus' analysis, General De Galerias Comerciales Socimi (XMAD:GGC) is currently considered Fairly Valued. The stock's GF Value™ is €157.08, compared to a current price of €161.00 — trading 2.5% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 20.76%, which is 105% above median its 10-year median of 10.15 and 149.5% above the REITs industry median of 8.32. General De Galerias Comerciales Socimi's overall GF Score™ is 88/100 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 General De Galerias Comerciales Socimi (XMAD:GGC), the current Forward Rate of Return (Yacktman) % is 20.76% 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 Galerias Comerciales Socimi (XMAD:GGC) Overvalued in 2026?
Based on GuruFocus' analysis, General De Galerias Comerciales Socimi stock appears to be overvalued.
The current stock price of €161.00 is trading 2.5% above its estimated GF Value™ of €157.08.
GuruFocus considers General De Galerias Comerciales Socimi to be Fairly Valued.
Key valuation signals for XMAD:GGC:
Forward Rate of Return (Yacktman) %: 20.76% (105% above median its 10-year median of 10.15)
GF Value™: €157.08 vs. price of €161.00 (2.5% above fair value)
Industry Position: 149.5% above the REITs median (#134 of 632)
No single metric tells the full story. See the XMAD:GGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
General De Galerías Comerciales Socimi SA is a Spanish investment real estate company. The company is specialized in developing, acquiring and managing quality tertiary real estate assets in the Spanish market. It manages six shopping centres, being five of them located in Andalucía and the other one in Cataluna.
88GF Score
Get the complete analysis for XMAD:GGC
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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