Villars Holding (XSWX:VILN) Forward Rate of Return (Yacktman) %: 22.26% (As of Dec. 2025) — 423% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:VILN Villars Holding SA XSWX:VILN
71 GF Score
Price CHF605.00
GF Value CHF548.58
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Villars Holding Forward Rate of Return (Yacktman) %?

Villars Holding XSWX:VILN 71 Forward Rate of Return (Yacktman) % is 22.26% as of Dec. 2025, which is 423% above its 10-year median of 4.26. GuruFocus rates XSWX:VILN with a GF Score™ of 71/100 and a GF Value™ of CHF548.58 (Fairly Valued). The stock has 2 warning signs investors should review. Among 218 Retail - Defensive companies, Villars Holding ranks better than 79.36% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Villars Holding's forward rate of return for was 22.26%.

The historical rank and industry rank for Villars Holding's Forward Rate of Return (Yacktman) % or its related term are showing as below:

XSWX:VILN' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -2.49   Med: 4.26   Max: 22.41
Current: 22.29

During the past 13 years, Villars Holding's highest Forward Rate of Return was 22.41. The lowest was -2.49. And the median was 4.26.

XSWX:VILN's Forward Rate of Return (Yacktman) % is ranked better than
79.36% of 218 companies
in the Retail - Defensive industry
Industry Median: 14.08 vs XSWX:VILN: 22.29

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.


Villars Holding  (XSWX:VILN) 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.


Villars Holding Forward Rate of Return (Yacktman) % Related Terms


Villars Holding Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Villars Holding'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.

Villars Holding Forward Rate of Return (Yacktman) % Chart

Villars Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 4.78 9.85 12.69 22.26

Villars Holding Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Forward Rate of Return (Yacktman) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.85 0.00 12.69 0.00 22.26

XSWX:VILN vs KR, SFM, ACI: Forward Rate of Return (Yacktman) % Comparison

For the Grocery Stores subindustry, Villars Holding'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.


Villars Holding Forward Rate of Return (Yacktman) % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Villars Holding's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Villars Holding's Forward Rate of Return (Yacktman) % falls into.


XSWX:VILN
71GF Score
Villars Holding SA XSWX:VILN
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Villars Holding 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).

Villars Holding's Forward Rate of Return of Dec. 2025 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=25.78683333/580+0.1781
=22.26 %

* 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 22.26% mean?
Villars Holding (XSWX:VILN) has a Forward Rate of Return (Yacktman) % of 22.26% 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 Villars Holding and its competitors. This is 423% above median its historical median of 4.26. According to the industry distribution chart, Villars Holding ranks #45 out of 218 companies in the Retail - Defensive industry, placing it in the top 20.6%.
Is Villars Holding's Forward Rate of Return (Yacktman) % too high?
Villars Holding's current Forward Rate of Return (Yacktman) % of 22.26% is 423% above median its 10-year median of 4.26. The Retail - Defensive industry median Forward Rate of Return (Yacktman) % is 14.08. Villars Holding's value of 22.26% is 58.1% above this industry median. Based on the distribution chart, Villars Holding ranks #45 out of 218 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Villars Holding has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Villars Holding's Forward Rate of Return (Yacktman) % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Villars Holding ranks #45 out of 218 companies for Forward Rate of Return (Yacktman) %. This places Villars Holding in the top 21% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 14.08. Villars Holding's value of 22.26% is 58.1% above this benchmark. While the company's 10-year median is 4.26 vs. the industry median of 14.08, Villars Holding 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 Retail - Defensive company?
The median Forward Rate of Return (Yacktman) % among Retail - Defensive companies is 14.08, based on 218 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. Villars Holding's current Forward Rate of Return (Yacktman) % of 22.26% is 58.1% 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 Villars Holding and its competitors. For the Retail - Defensive industry, the median Forward Rate of Return (Yacktman) % is 14.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Villars Holding's current Forward Rate of Return (Yacktman) % is 22.26%, which is 423% above median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Villars Holding stock overvalued right now?
Based on GuruFocus' analysis, Villars Holding (XSWX:VILN) is currently considered Fairly Valued. The stock's GF Value™ is CHF548.58, compared to a current price of CHF605.00 — trading 10.3% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 22.26%, which is 423% above median its 10-year median of 4.26 and 58.1% above the Retail - Defensive industry median of 14.08. Villars Holding's overall GF Score™ is 71/100 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 Villars Holding (XSWX:VILN), the current Forward Rate of Return (Yacktman) % is 22.26% 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 Villars Holding (XSWX:VILN) Overvalued in 2026?

Based on GuruFocus' analysis, Villars Holding stock appears to be overvalued. The current stock price of CHF605.00 is trading 10.3% above its estimated GF Value™ of CHF548.58. GuruFocus considers Villars Holding to be Fairly Valued.

Key valuation signals for XSWX:VILN:

  • Forward Rate of Return (Yacktman) %: 22.26% (423% above median its 10-year median of 4.26)
  • GF Value™: CHF548.58 vs. price of CHF605.00 (10.3% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 58.1% above the Retail - Defensive median (#45 of 218)

No single metric tells the full story. See the XSWX:VILN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Villars Holding Business Description

Other Exchanges 0QLJ:UK
Address 21, Route des Daillettes, Case Postale 1600, Fribourg, CHE, 1701
Villars Holding SA is a Swiss-based company, engaged in retail trade and food industry, and real estate. The company operates in three segments Retail business, Real estate and coffee bars. Through its subsidiaries it provides catering services which offers coffee and tea specialties, fresh fruit juice, alcoholic and non-alcoholic drinks, pancakes. Real estate activities involves acquiring land or buildings. Majority of the revenue derives from Retail business segment.
71GF Score

Get the complete analysis for XSWX:VILN

Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF605.00
Price
CHF548.58
GF Value