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Siegfried Holding AGXSWX:SFZN -5.48%91 Forward Rate of Return (Yacktman) % is 15.65% as of Dec. 2025, which is 6% above its 10-year median of 14.73. GuruFocus rates XSWX:SFZN with a GF Score™ of 91/100 and a GF Value™ of CHF92.14 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 634 Drug Manufacturers companies, Siegfried Holding AG ranks better than 72.4% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Siegfried Holding AG's forward rate of return for was 15.65%.
The historical rank and industry rank for Siegfried Holding AG's Forward Rate of Return (Yacktman) % or its related term are showing as below:
XSWX:SFZN'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 8.05 Med: 14.73 Max: 21.02
Current: 15.64
During the past 13 years, Siegfried Holding AG's highest Forward Rate of Return was 21.02. The lowest was 8.05. And the median was 14.73.
XSWX:SFZN's Forward Rate of Return (Yacktman) % is ranked better than 72.4% of 634
companies
in the Drug Manufacturers industry
Industry Median: 6.46
vs XSWX:SFZN: 15.64
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.
Siegfried Holding AG (XSWX:SFZN) 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.
Siegfried Holding AG Forward Rate of Return (Yacktman) % Related Terms
Siegfried Holding AG Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Siegfried 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.
Siegfried Holding AG Forward Rate of Return (Yacktman) % Chart
XSWX:SFZN vs ZTS, UTHR, VTRS: Forward Rate of Return (Yacktman) % Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Siegfried 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.
Siegfried Holding AG Forward Rate of Return (Yacktman) % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Siegfried Holding AG's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Siegfried Holding AG's Forward Rate of Return (Yacktman) % falls into.
Siegfried 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 15.65% mean?
Siegfried Holding AG (XSWX:SFZN) has a Forward Rate of Return (Yacktman) % of 15.65% 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 Siegfried Holding AG and its competitors. This is near median its historical median of 14.73. Over the past decade, Siegfried Holding AG's Forward Rate of Return (Yacktman) % has ranged from 8.05 to 21.02. According to the industry distribution chart, Siegfried Holding AG ranks #175 out of 634 companies in the Drug Manufacturers industry, placing it in the top 27.6%.
Is Siegfried Holding AG's Forward Rate of Return (Yacktman) % too high?
Siegfried Holding AG's current Forward Rate of Return (Yacktman) % of 15.65% is near median its 10-year median of 14.73. Over the past 10 years, this metric has ranged from a low of 8.05 to a high of 21.02. The Drug Manufacturers industry median Forward Rate of Return (Yacktman) % is 6.46. Siegfried Holding AG's value of 15.65% is 142.3% above this industry median. Based on the distribution chart, Siegfried Holding AG ranks #175 out of 634 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Siegfried Holding AG has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siegfried Holding AG's Forward Rate of Return (Yacktman) % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Siegfried Holding AG ranks #175 out of 634 companies for Forward Rate of Return (Yacktman) %. This puts Siegfried Holding AG in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 6.46. Siegfried Holding AG's value of 15.65% is 142.3% above this benchmark. Historically, Siegfried Holding AG's own Forward Rate of Return (Yacktman) % has ranged from 8.05 to 21.02 over the past decade. While the company's 10-year median is 14.73 vs. the industry median of 6.46, Siegfried Holding AG 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 Drug Manufacturers company?
The median Forward Rate of Return (Yacktman) % among Drug Manufacturers companies is 6.46, based on 634 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. Siegfried Holding AG's current Forward Rate of Return (Yacktman) % of 15.65% is 142.3% 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 Siegfried Holding AG and its competitors. For the Drug Manufacturers industry, the median Forward Rate of Return (Yacktman) % is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siegfried Holding AG's current Forward Rate of Return (Yacktman) % is 15.65%, which is near median its own 10-year median of 14.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siegfried Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Siegfried Holding AG (XSWX:SFZN) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF92.14, compared to a current price of CHF75.85 — trading 17.7% below its estimated fair value. The current Forward Rate of Return (Yacktman) % is 15.65%, which is near median its 10-year median of 14.73 and 142.3% above the Drug Manufacturers industry median of 6.46. Siegfried Holding AG's overall GF Score™ is 91/100 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 Siegfried Holding AG (XSWX:SFZN), the current Forward Rate of Return (Yacktman) % is 15.65% 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 Siegfried Holding AG (XSWX:SFZN) Overvalued in 2026?
Based on GuruFocus' analysis, Siegfried Holding AG stock appears to be undervalued.
The current stock price of CHF75.85 is trading 17.7% below its estimated GF Value™ of CHF92.14.
GuruFocus considers Siegfried Holding AG to be Modestly Undervalued.
Key valuation signals for XSWX:SFZN:
Forward Rate of Return (Yacktman) %: 15.65% (near median its 10-year median of 14.73)
GF Value™: CHF92.14 vs. price of CHF75.85 (17.7% below fair value)
Industry Position: 142.3% above the Drug Manufacturers median (#175 of 634)
No single metric tells the full story. See the XSWX:SFZN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siegfried is a global contract development and manufacturing organization. It derives its revenue primarily from long-term supply agreements with biotechnology and pharmaceutical customers. Siegfried develops and manufactures active pharmaceutical ingredients, finished dosage forms (tablets, capsules, sterile vials, ampules, cartridges, and ointments), and viral vectors. The company provides these services throughout the entire drug lifecycle, including chemical and analytical development, pilot manufacturing, and commercial-scale manufacturing. Siegfried has a large global footprint with 13 production sites on three continents.
91GF Score
Get the complete analysis for XSWX:SFZN
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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