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Hecla Mining CoXSWX:HL 68 Forward Rate of Return (Yacktman) % is 20.90% as of Jun. 2026. GuruFocus rates XSWX:HL with a GF Score™ of 68/100 and a GF Value™ of CHF7.31 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 444 Metals & Mining companies, Hecla Mining Co ranks better than 77.7% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Hecla Mining Co's forward rate of return for was 20.90%.
The historical rank and industry rank for Hecla Mining Co's Forward Rate of Return (Yacktman) % or its related term are showing as below:
XSWX:HL'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -9.57 Med: -1.66 Max: 20.98
Current: 20.67
During the past 13 years, Hecla Mining Co's highest Forward Rate of Return was 20.98. The lowest was -9.57. And the median was -1.66.
XSWX:HL's Forward Rate of Return (Yacktman) % is ranked better than 77.7% of 444
companies
in the Metals & Mining industry
Industry Median: 9.125
vs XSWX:HL: 20.67
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.
Hecla Mining Co (XSWX:HL) 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.
Hecla Mining Co Forward Rate of Return (Yacktman) % Related Terms
Hecla Mining Co Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Hecla Mining Co'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.
Hecla Mining Co Forward Rate of Return (Yacktman) % Chart
XSWX:HL vs SIND, MUX, GORO: Forward Rate of Return (Yacktman) % Comparison
For the Other Precious Metals & Mining subindustry, Hecla Mining Co'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.
Hecla Mining Co Forward Rate of Return (Yacktman) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hecla Mining Co's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Hecla Mining Co's Forward Rate of Return (Yacktman) % falls into.
Hecla Mining Co 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 20.90% mean?
Hecla Mining Co (XSWX:HL) has a Forward Rate of Return (Yacktman) % of 20.90% 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 Hecla Mining Co and its competitors. According to the industry distribution chart, Hecla Mining Co ranks #99 out of 444 companies in the Metals & Mining industry, placing it in the top 22.3%.
Is Hecla Mining Co's Forward Rate of Return (Yacktman) % too high?
Hecla Mining Co's current Forward Rate of Return (Yacktman) % is 20.90%. The Metals & Mining industry median Forward Rate of Return (Yacktman) % is 9.13. Hecla Mining Co's value of 20.90% is 129% above this industry median. Based on the distribution chart, Hecla Mining Co ranks #99 out of 444 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Hecla Mining Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hecla Mining Co's Forward Rate of Return (Yacktman) % compare to SIND and MUX?
According to the Metals & Mining industry distribution chart, Hecla Mining Co ranks #99 out of 444 companies for Forward Rate of Return (Yacktman) %. This places Hecla Mining Co in the top 22% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 9.13. Hecla Mining Co's value of 20.90% is 129% above this benchmark. 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 Metals & Mining company?
The median Forward Rate of Return (Yacktman) % among Metals & Mining companies is 9.13, based on 444 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. Hecla Mining Co's current Forward Rate of Return (Yacktman) % of 20.90% is 129% 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 Hecla Mining Co and its competitors. For the Metals & Mining industry, the median Forward Rate of Return (Yacktman) % is 9.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hecla Mining Co's current Forward Rate of Return (Yacktman) % is 20.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hecla Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Hecla Mining Co (XSWX:HL) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF7.31, compared to a current price of CHF14.58 — trading 99.4% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 20.90% and 129% above the Metals & Mining industry median of 9.13. Hecla Mining Co's overall GF Score™ is 68/100 with 2 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 Hecla Mining Co (XSWX:HL), the current Forward Rate of Return (Yacktman) % is 20.90% 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 Hecla Mining Co (XSWX:HL) Overvalued in 2026?
Based on GuruFocus' analysis, Hecla Mining Co stock appears to be overvalued.
The current stock price of CHF14.58 is trading 99.4% above its estimated GF Value™ of CHF7.31.
GuruFocus considers Hecla Mining Co to be Significantly Overvalued.
Key valuation signals for XSWX:HL:
Forward Rate of Return (Yacktman) %: 20.90%
GF Value™: CHF7.31 vs. price of CHF14.58 (99.4% above fair value)
Industry Position: 129% above the Metals & Mining median (#99 of 444)
No single metric tells the full story. See the XSWX:HL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hecla Mining Co produces and explores silver, gold, zinc, and other metals. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, and Casa Berardi. It generates maximum revenue from the Greens Creek segment. Geographically, It operates in Canada, the United States, and Mexico, and it derives a majority of its revenue from the United States.
68GF Score
Get the complete analysis for XSWX:HL
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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