Cicor Technologies (XSWX:CICN) Forward Rate of Return (Yacktman) %: 17.90% (As of Dec. 2025) — 287% Above Median

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XSWX:CICN Cicor Technologies Ltd XSWX:CICN
79 GF Score
Price CHF129.80
GF Value CHF97.61
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Cicor Technologies Forward Rate of Return (Yacktman) %?

Cicor Technologies XSWX:CICN +3.67% 79 Forward Rate of Return (Yacktman) % is 17.90% as of Dec. 2025, which is 287% above its 10-year median of 4.63. GuruFocus rates XSWX:CICN with a GF Score™ of 79/100 and a GF Value™ of CHF97.61 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,720 Hardware companies, Cicor Technologies ranks better than 77.62% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Cicor Technologies's forward rate of return for was 17.90%.

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

XSWX:CICN' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -5.91   Med: 4.63   Max: 21.58
Current: 17.93

During the past 13 years, Cicor Technologies's highest Forward Rate of Return was 21.58. The lowest was -5.91. And the median was 4.63.

XSWX:CICN's Forward Rate of Return (Yacktman) % is ranked better than
77.62% of 1720 companies
in the Hardware industry
Industry Median: 4.39 vs XSWX:CICN: 17.93

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.


Cicor Technologies  (XSWX:CICN) 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.


Cicor Technologies Forward Rate of Return (Yacktman) % Related Terms


Cicor Technologies Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Cicor Technologies'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.

Cicor Technologies Forward Rate of Return (Yacktman) % Chart

Cicor Technologies 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 10.83 2.36 4.65 17.72 17.90

Cicor Technologies 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 26.29 17.72 0.00 17.90 0.00

XSWX:CICN vs APH, GLW, TEL: Forward Rate of Return (Yacktman) % Comparison

For the Electronic Components subindustry, Cicor Technologies'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.


Cicor Technologies Forward Rate of Return (Yacktman) % vs Hardware Industry

For the Hardware industry and Technology sector, Cicor Technologies's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


XSWX:CICN
79GF Score
Cicor Technologies Ltd XSWX:CICN
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cicor Technologies 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).

Cicor Technologies's Forward Rate of Return of Dec. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=4.53333333/127+0.1433
=17.90 %

* 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 17.90% mean?
Cicor Technologies (XSWX:CICN) has a Forward Rate of Return (Yacktman) % of 17.90% 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 Cicor Technologies and its competitors. This is 287% above median its historical median of 4.63. According to the industry distribution chart, Cicor Technologies ranks #385 out of 1720 companies in the Hardware industry, placing it in the top 22.4%.
Is Cicor Technologies' Forward Rate of Return (Yacktman) % too high?
Cicor Technologies' current Forward Rate of Return (Yacktman) % of 17.90% is 287% above median its 10-year median of 4.63. The Hardware industry median Forward Rate of Return (Yacktman) % is 4.39. Cicor Technologies' value of 17.90% is 307.7% above this industry median. Based on the distribution chart, Cicor Technologies ranks #385 out of 1720 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Cicor Technologies has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cicor Technologies' Forward Rate of Return (Yacktman) % compare to APH and GLW?
According to the Hardware industry distribution chart, Cicor Technologies ranks #385 out of 1720 companies for Forward Rate of Return (Yacktman) %. This places Cicor Technologies in the top 22% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 4.39. Cicor Technologies' value of 17.90% is 307.7% above this benchmark. While the company's 10-year median is 4.63 vs. the industry median of 4.39, Cicor Technologies 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 Hardware company?
The median Forward Rate of Return (Yacktman) % among Hardware companies is 4.39, based on 1,720 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. Cicor Technologies's current Forward Rate of Return (Yacktman) % of 17.90% is 307.7% 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 Cicor Technologies and its competitors. For the Hardware industry, the median Forward Rate of Return (Yacktman) % is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cicor Technologies's current Forward Rate of Return (Yacktman) % is 17.90%, which is 287% above median its own 10-year median of 4.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cicor Technologies stock overvalued right now?
Based on GuruFocus' analysis, Cicor Technologies (XSWX:CICN) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF97.61, compared to a current price of CHF129.80 — trading 33% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 17.90%, which is 287% above median its 10-year median of 4.63 and 307.7% above the Hardware industry median of 4.39. Cicor Technologies' overall GF Score™ is 79/100 with 3 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 Cicor Technologies (XSWX:CICN), the current Forward Rate of Return (Yacktman) % is 17.90% 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 Cicor Technologies (XSWX:CICN) Overvalued in 2026?

Based on GuruFocus' analysis, Cicor Technologies stock appears to be overvalued. The current stock price of CHF129.80 is trading 33% above its estimated GF Value™ of CHF97.61. GuruFocus considers Cicor Technologies to be Significantly Overvalued.

Key valuation signals for XSWX:CICN:

  • Forward Rate of Return (Yacktman) %: 17.90% (287% above median its 10-year median of 4.63)
  • GF Value™: CHF97.61 vs. price of CHF129.80 (33% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 307.7% above the Hardware median (#385 of 1720)

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


Cicor Technologies Business Description

Other Exchanges CICNz:UK0QPR:UKCRLN:Germany
Address c/o Cicor Management AG, Gebenloostrasse 15, Bronschhofen, CHE, 9552
Cicor Technologies Ltd is engaged in the manufacturing of printed circuit boards, high-density interconnect, thin and thick film, radio frequency boards, quick turn prototypes, micro-assembly, packaging, and outsourcing of electronic modules and component groups. The company's products are used by medical technology, automotive, semiconductor, aerospace and defense, telecommunications, and watch industries. The business operates through segments are Electronic Manufacturing Services (EMS), and Advanced Substrates (AS). The Electronic Manufacturing Services segment generates maximum revenue for the company. The solutions provided by the company are: Engineering Services; Electronic Manufacturing Services; Precision Plastics; and Advanced PCBs and Substrates.
79GF Score

Get the complete analysis for XSWX:CICN

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

CHF129.80
Price
CHF97.61
GF Value