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Helvetia Baloise Holding AGXSWX:HBAN +1.50%78 Forward Rate of Return (Yacktman) % is 10.63% as of Dec. 2025, which is 90% above its 10-year median of 5.60. GuruFocus rates XSWX:HBAN with a GF Score™ of 78/100 and a GF Value™ of CHF195.70 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 278 Insurance companies, Helvetia Baloise Holding AG ranks worse than 63.31% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Helvetia Baloise Holding AG's forward rate of return for was 10.63%.
The historical rank and industry rank for Helvetia Baloise Holding AG's Forward Rate of Return (Yacktman) % or its related term are showing as below:
XSWX:HBAN'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -0.15 Med: 5.6 Max: 11.02
Current: 10.54
During the past 13 years, Helvetia Baloise Holding AG's highest Forward Rate of Return was 11.02. The lowest was -0.15. And the median was 5.60.
XSWX:HBAN's Forward Rate of Return (Yacktman) % is ranked worse than 63.31% of 278
companies
in the Insurance industry
Industry Median: 16.885
vs XSWX:HBAN: 10.54
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.
Helvetia Baloise Holding AG (XSWX:HBAN) 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.
Helvetia Baloise Holding AG Forward Rate of Return (Yacktman) % Related Terms
Helvetia Baloise Holding AG Forward Rate of Return (Yacktman) % Historical Data
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The historical data trend for Helvetia Baloise Holding 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.
Helvetia Baloise Holding AG Forward Rate of Return (Yacktman) % Chart
XSWX:HBAN vs BRK.A, AIG, HIG: Forward Rate of Return (Yacktman) % Comparison
For the Insurance - Diversified subindustry, Helvetia Baloise Holding 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.
Helvetia Baloise Holding AG Forward Rate of Return (Yacktman) % vs Insurance Industry
For the Insurance industry and Financial Services sector, Helvetia Baloise Holding AG's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Helvetia Baloise Holding AG's Forward Rate of Return (Yacktman) % falls into.
Helvetia Baloise Holding 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 10.63% mean?
Helvetia Baloise Holding AG (XSWX:HBAN) has a Forward Rate of Return (Yacktman) % of 10.63% 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 Helvetia Baloise Holding AG and its competitors. This is 90% above median its historical median of 5.60. According to the industry distribution chart, Helvetia Baloise Holding AG ranks #176 out of 278 companies in the Insurance industry, placing it in the top 63.3%.
Is Helvetia Baloise Holding AG's Forward Rate of Return (Yacktman) % too high?
Helvetia Baloise Holding AG's current Forward Rate of Return (Yacktman) % of 10.63% is 90% above median its 10-year median of 5.60. The Insurance industry median Forward Rate of Return (Yacktman) % is 16.89. Helvetia Baloise Holding AG's value of 10.63% is 37% below this industry median. Based on the distribution chart, Helvetia Baloise Holding AG ranks #176 out of 278 companies in the Insurance industry, which is below the industry midpoint. Overall, Helvetia Baloise Holding AG has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Helvetia Baloise Holding AG's Forward Rate of Return (Yacktman) % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Helvetia Baloise Holding AG ranks #176 out of 278 companies for Forward Rate of Return (Yacktman) %. This places Helvetia Baloise Holding AG in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 16.89. Helvetia Baloise Holding AG's value of 10.63% is 37% below this benchmark. While the company's 10-year median is 5.60 vs. the industry median of 16.89, Helvetia Baloise Holding 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 an Insurance company?
The median Forward Rate of Return (Yacktman) % among Insurance companies is 16.89, based on 278 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. Helvetia Baloise Holding AG's current Forward Rate of Return (Yacktman) % of 10.63% is 37% 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 Helvetia Baloise Holding AG and its competitors. For the Insurance industry, the median Forward Rate of Return (Yacktman) % is 16.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helvetia Baloise Holding AG's current Forward Rate of Return (Yacktman) % is 10.63%, which is 90% above median its own 10-year median of 5.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helvetia Baloise Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Helvetia Baloise Holding AG (XSWX:HBAN) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF195.70, compared to a current price of CHF216.60 — trading 10.7% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 10.63%, which is 90% above median its 10-year median of 5.60 and 37% below the Insurance industry median of 16.89. Helvetia Baloise Holding AG's overall GF Score™ is 78/100 with 5 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 Helvetia Baloise Holding AG (XSWX:HBAN), the current Forward Rate of Return (Yacktman) % is 10.63% 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 Helvetia Baloise Holding AG (XSWX:HBAN) Overvalued in 2026?
Based on GuruFocus' analysis, Helvetia Baloise Holding AG stock appears to be overvalued.
The current stock price of CHF216.60 is trading 10.7% above its estimated GF Value™ of CHF195.70.
GuruFocus considers Helvetia Baloise Holding AG to be Modestly Overvalued.
Key valuation signals for XSWX:HBAN:
Forward Rate of Return (Yacktman) %: 10.63% (90% above median its 10-year median of 5.60)
GF Value™: CHF195.70 vs. price of CHF216.60 (10.7% above fair value)
Industry Position: 37% below the Insurance median (#176 of 278)
No single metric tells the full story. See the XSWX:HBAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Helvetia Baloise Holding AG is a multi-line insurance company. The company provides pension, specialty insurance and reinsurance services, and other financial solutions. The company represents it's seven reportable segments namely Switzerland, Spain, Germany, Belgium, Luxembourg, Italian and Austrian Markets, Specialty Markets, and Corporate and other. Company generates majority revenue from Switzerland business segment.
78GF Score
Get the complete analysis for XSWX:HBAN
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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