Gazprom Neft PJSC (XTER:SCF) Forward Rate of Return (Yacktman) %: 13.05% (As of Dec. 2021)

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XTER:SCF Gazprom Neft PJSC XTER:SCF
17 GF Score
Price €12.52
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What is Gazprom Neft PJSC Forward Rate of Return (Yacktman) %?

Gazprom Neft PJSC XTER:SCF 17 Forward Rate of Return (Yacktman) % is 13.05% as of Dec. 2021. GuruFocus rates XTER:SCF with a GF Score™ of 17/100.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Gazprom Neft PJSC's forward rate of return for was 13.05%.

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

XTER:SCF's Forward Rate of Return (Yacktman) % is not ranked *
in the Oil & Gas industry.
Industry Median: 13.245
* Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.

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.


Gazprom Neft PJSC  (XTER:SCF) 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.


Gazprom Neft PJSC Forward Rate of Return (Yacktman) % Related Terms


Gazprom Neft PJSC Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Gazprom Neft PJSC'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.

Gazprom Neft PJSC Forward Rate of Return (Yacktman) % Chart

Gazprom Neft PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.94 20.31 22.03 16.74 13.05

Gazprom Neft PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 16.74 13.27 13.05 15.80 5.66

XTER:SCF vs XOM, CVX: Forward Rate of Return (Yacktman) % Comparison

For the Oil & Gas Integrated subindustry, Gazprom Neft PJSC'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.


Gazprom Neft PJSC Forward Rate of Return (Yacktman) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gazprom Neft PJSC's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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


XTER:SCF
17GF Score
Gazprom Neft PJSC XTER:SCF
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gazprom Neft PJSC 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).

Gazprom Neft PJSC's Forward Rate of Return of Dec. 2021 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=1.865/12.52+0.0295
=17.85 %

* 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 13.05% mean?
Gazprom Neft PJSC (XTER:SCF) has a Forward Rate of Return (Yacktman) % of 13.05% as of Dec. 2021. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Gazprom Neft PJSC and its competitors.
Is Gazprom Neft PJSC's Forward Rate of Return (Yacktman) % too high?
Gazprom Neft PJSC's current Forward Rate of Return (Yacktman) % is 13.05%. The Oil & Gas industry median Forward Rate of Return (Yacktman) % is 13.25. Gazprom Neft PJSC's value of 13.05% is 1.5% below this industry median. Overall, Gazprom Neft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Gazprom Neft PJSC's Forward Rate of Return (Yacktman) % compare to XOM and CVX?
Gazprom Neft PJSC's Forward Rate of Return (Yacktman) % of 13.05% can be compared against companies in the Oil & Gas industry. The industry median Forward Rate of Return (Yacktman) % is 13.25. Gazprom Neft PJSC's value of 13.05% is 1.5% below 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 an Oil & Gas company?
The median Forward Rate of Return (Yacktman) % among Oil & Gas companies is 13.25, based on 608 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. Gazprom Neft PJSC's current Forward Rate of Return (Yacktman) % of 13.05% is 1.5% 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 Gazprom Neft PJSC and its competitors. For the Oil & Gas industry, the median Forward Rate of Return (Yacktman) % is 13.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gazprom Neft PJSC's current Forward Rate of Return (Yacktman) % is 13.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gazprom Neft PJSC stock overvalued right now?
Gazprom Neft PJSC (XTER:SCF) has a current Forward Rate of Return (Yacktman) % of 13.05%. The current Forward Rate of Return (Yacktman) % is 13.05% and 1.5% below the Oil & Gas industry median of 13.25. Gazprom Neft PJSC's overall GF Score™ is 17/100. 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 Gazprom Neft PJSC (XTER:SCF), the current Forward Rate of Return (Yacktman) % is 13.05% as of Dec. 2021. 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.

Gazprom Neft PJSC Business Description

Industry EnergyOil & Gas
Address 3-5 Pochtamtskaya Street, Saint Petersburg, RUS, 190000
Gazprom Neft PJSC is a vertically integrated oil company. The company along with its subsidiaries is engaged in the exploration, development of crude oil and gas as well as the production and sale of petroleum products. It operates in two segments namely; the exploration, development, and production of crude oil and natural gas, and oilfield services, and key revenue driver segment includes refining and marketing including processing crude into refined products and purchases, sells and transports crude and refined petroleum products.
17GF Score

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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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