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Evonik Industries AGXSWX:EVK +0.79%74 Forward Rate of Return (Yacktman) % is 3.37% as of Jun. 2026, which is 45% below its 10-year median of 6.11. GuruFocus rates XSWX:EVK with a GF Score™ of 74/100 and a GF Value™ of CHF15.22. The stock has 10 warning signs investors should review. Among 1,252 Chemicals companies, Evonik Industries AG ranks worse than 53.04% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Evonik Industries AG's forward rate of return for was 3.37%.
The historical rank and industry rank for Evonik Industries AG's Forward Rate of Return (Yacktman) % or its related term are showing as below:
XSWX:EVK'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -2.24 Med: 6.11 Max: 13.69
Current: 2.15
During the past 13 years, Evonik Industries AG's highest Forward Rate of Return was 13.69. The lowest was -2.24. And the median was 6.11.
XSWX:EVK's Forward Rate of Return (Yacktman) % is ranked worse than 53.04% of 1252
companies
in the Chemicals industry
Industry Median: 3.525
vs XSWX:EVK: 2.15
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.
Evonik Industries AG (XSWX:EVK) 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.
Evonik Industries AG Forward Rate of Return (Yacktman) % Related Terms
Evonik Industries AG Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Evonik Industries AG'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.
Evonik Industries AG Forward Rate of Return (Yacktman) % Chart
XSWX:EVK vs LIN, SHW, ECL: Forward Rate of Return (Yacktman) % Comparison
For the Specialty Chemicals subindustry, Evonik Industries AG'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.
Evonik Industries AG Forward Rate of Return (Yacktman) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Evonik Industries AG's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Evonik Industries AG's Forward Rate of Return (Yacktman) % falls into.
Evonik Industries AG 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 3.37% mean?
Evonik Industries AG (XSWX:EVK) has a Forward Rate of Return (Yacktman) % of 3.37% 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 Evonik Industries AG and its competitors. This is 45% below median its historical median of 6.11. According to the industry distribution chart, Evonik Industries AG ranks #664 out of 1252 companies in the Chemicals industry, placing it in the top 53%.
Is Evonik Industries AG's Forward Rate of Return (Yacktman) % too high?
Evonik Industries AG's current Forward Rate of Return (Yacktman) % of 3.37% is 45% below median its 10-year median of 6.11. The Chemicals industry median Forward Rate of Return (Yacktman) % is 3.53. Evonik Industries AG's value of 3.37% is 4.4% below this industry median. Based on the distribution chart, Evonik Industries AG ranks #664 out of 1252 companies in the Chemicals industry, which is below the industry midpoint. Overall, Evonik Industries AG has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Evonik Industries AG's Forward Rate of Return (Yacktman) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Evonik Industries AG ranks #664 out of 1252 companies for Forward Rate of Return (Yacktman) %. This places Evonik Industries AG in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 3.53. Evonik Industries AG's value of 3.37% is 4.4% below this benchmark. While the company's 10-year median is 6.11 vs. the industry median of 3.53, Evonik Industries AG has consistently been below 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 Chemicals company?
The median Forward Rate of Return (Yacktman) % among Chemicals companies is 3.53, based on 1,252 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. Evonik Industries AG's current Forward Rate of Return (Yacktman) % of 3.37% is 4.4% below 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 Evonik Industries AG and its competitors. For the Chemicals industry, the median Forward Rate of Return (Yacktman) % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evonik Industries AG's current Forward Rate of Return (Yacktman) % is 3.37%, which is 45% below median its own 10-year median of 6.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evonik Industries AG stock overvalued right now?
Evonik Industries AG (XSWX:EVK) has a current Forward Rate of Return (Yacktman) % of 3.37%. The stock's GF Value™ is CHF15.22, compared to a current price of CHF16.61 — trading 9.1% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 3.37%, which is 45% below median its 10-year median of 6.11 and 4.4% below the Chemicals industry median of 3.53. Evonik Industries AG's overall GF Score™ is 74/100 with 10 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 Evonik Industries AG (XSWX:EVK), the current Forward Rate of Return (Yacktman) % is 3.37% 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 Evonik Industries AG (XSWX:EVK) Overvalued in 2026?
Based on GuruFocus' analysis, Evonik Industries AG stock appears to be overvalued.
The current stock price of CHF16.61 is trading 9.1% above its estimated GF Value™ of CHF15.22.
Key valuation signals for XSWX:EVK:
Forward Rate of Return (Yacktman) %: 3.37% (45% below median its 10-year median of 6.11)
GF Value™: CHF15.22 vs. price of CHF16.61 (9.1% above fair value)
Industry Position: 4.4% below the Chemicals median (#664 of 1252)
No single metric tells the full story. See the XSWX:EVK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evonik Industries AG is a chemicals company that develops and manufactures specialty chemicals and solutions for a wide range of industries. Its products include high-performance polymers, hydrogen peroxide, silicas, additives for coatings and adhesives, and amino acids for animal nutrition. It operates through three segments: Advanced Technologies, which focuses on technology-driven businesses such as high-performance polymers, silicas, and hydrogen peroxide; Custom Solutions, which develops additives, catalysts, and ingredients for personal care and pharmaceutical applications; and Infrastructure, which provides site-related infrastructure services and includes the Oxeno C4 chemicals business. It generates sales across Europe, Middle East & Africa, the Americas, and Asia-Pacific.
74GF Score
Get the complete analysis for XSWX:EVK
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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