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KWSAT SE KGaAXSWX:KWS 78 Forward Rate of Return (Yacktman) % is 25.88% as of Mar. 2026, which is 11% above its 10-year median of 23.27. GuruFocus rates XSWX:KWS with a GF Score™ of 78/100 and a GF Value™ of CHF53.89. The stock has 5 warning signs investors should review. Among 200 Agriculture companies, KWSAT SE KGaA ranks better than 94% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. KWSAT SE KGaA's forward rate of return for was 25.88%.
The historical rank and industry rank for KWSAT SE KGaA's Forward Rate of Return (Yacktman) % or its related term are showing as below:
XSWX:KWS'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 0.5 Med: 23.27 Max: 29.07
Current: 26.04
During the past 13 years, KWSAT SE KGaA's highest Forward Rate of Return was 29.07. The lowest was 0.50. And the median was 23.27.
XSWX:KWS's Forward Rate of Return (Yacktman) % is ranked better than 94% of 200
companies
in the Agriculture industry
Industry Median: 6.695
vs XSWX:KWS: 26.04
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.
KWSAT SE KGaA (XSWX:KWS) 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.
KWSAT SE KGaA Forward Rate of Return (Yacktman) % Related Terms
KWSAT SE KGaA Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for KWSAT SE KGaA'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.
KWSAT SE KGaA Forward Rate of Return (Yacktman) % Chart
XSWX:KWS vs CTVA, CF, MOS: Forward Rate of Return (Yacktman) % Comparison
For the Agricultural Inputs subindustry, KWSAT SE KGaA'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.
KWSAT SE KGaA Forward Rate of Return (Yacktman) % vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, KWSAT SE KGaA's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where KWSAT SE KGaA's Forward Rate of Return (Yacktman) % falls into.
KWSAT SE KGaA 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).
KWSAT SE KGaA's Forward Rate of Return of Mar. 2026 is
Forward Rate of Return
=
Normalized Free Cash Flow
/
Price
+
5-Year EBITDA Growth Rate
=
4.41885714
/
62.2
+
0.2
=
27.10 %
* 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 25.88% mean?
KWSAT SE KGaA (XSWX:KWS) has a Forward Rate of Return (Yacktman) % of 25.88% as of Mar. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on KWSAT SE KGaA and its competitors. This is 11% above median its historical median of 23.27. Over the past decade, KWSAT SE KGaA's Forward Rate of Return (Yacktman) % has ranged from 0.50 to 29.07. According to the industry distribution chart, KWSAT SE KGaA ranks #12 out of 200 companies in the Agriculture industry, placing it in the top 6%.
Is KWSAT SE KGaA's Forward Rate of Return (Yacktman) % too high?
KWSAT SE KGaA's current Forward Rate of Return (Yacktman) % of 25.88% is 11% above median its 10-year median of 23.27. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 29.07. The Agriculture industry median Forward Rate of Return (Yacktman) % is 6.70. KWSAT SE KGaA's value of 25.88% is 286.6% above this industry median. Based on the distribution chart, KWSAT SE KGaA ranks #12 out of 200 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, KWSAT SE KGaA has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does KWSAT SE KGaA's Forward Rate of Return (Yacktman) % compare to CTVA and CF?
According to the Agriculture industry distribution chart, KWSAT SE KGaA ranks #12 out of 200 companies for Forward Rate of Return (Yacktman) %. This places KWSAT SE KGaA in the top 6% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 6.70. KWSAT SE KGaA's value of 25.88% is 286.6% above this benchmark. Historically, KWSAT SE KGaA's own Forward Rate of Return (Yacktman) % has ranged from 0.50 to 29.07 over the past decade. While the company's 10-year median is 23.27 vs. the industry median of 6.70, KWSAT SE KGaA 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 an Agriculture company?
The median Forward Rate of Return (Yacktman) % among Agriculture companies is 6.70, based on 200 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. KWSAT SE KGaA's current Forward Rate of Return (Yacktman) % of 25.88% is 286.6% 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 KWSAT SE KGaA and its competitors. For the Agriculture industry, the median Forward Rate of Return (Yacktman) % is 6.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KWSAT SE KGaA's current Forward Rate of Return (Yacktman) % is 25.88%, which is 11% above median its own 10-year median of 23.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KWSAT SE KGaA stock overvalued right now?
KWSAT SE KGaA (XSWX:KWS) has a current Forward Rate of Return (Yacktman) % of 25.88%. The stock's GF Value™ is CHF53.89, compared to a current price of CHF66.70 — trading 23.8% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 25.88%, which is 11% above median its 10-year median of 23.27 and 286.6% above the Agriculture industry median of 6.70. KWSAT SE KGaA'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 KWSAT SE KGaA (XSWX:KWS), the current Forward Rate of Return (Yacktman) % is 25.88% as of Mar. 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 KWSAT SE KGaA (XSWX:KWS) Overvalued in 2026?
Based on GuruFocus' analysis, KWSAT SE KGaA stock appears to be overvalued.
The current stock price of CHF66.70 is trading 23.8% above its estimated GF Value™ of CHF53.89.
Key valuation signals for XSWX:KWS:
Forward Rate of Return (Yacktman) %: 25.88% (11% above median its 10-year median of 23.27)
GF Value™: CHF53.89 vs. price of CHF66.70 (23.8% above fair value)
Industry Position: 286.6% above the Agriculture median (#12 of 200)
No single metric tells the full story. See the XSWX:KWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KWS SAAT SE & Co KGaA breeds and distributes agriculture seeds internationally. The segments of the company focus on sugarbeet, corn, cereals, vegetables, and corporates. The company works on breeding new varieties and seed multiplication to produce the results for farmers. Plants and seeds are monitored at different stages of the lifecycle to ensure high quality. Products, processes, and consulting are marketed to farmers as certain expertise is needed in different regions of the world. The company generates key revenue from Sugarbeet and Corn.
78GF Score
Get the complete analysis for XSWX:KWS
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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