GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Frasers Logistics & Commercial Trust (SGX:BUOU) » Definitions » Forward Rate of Return (Yacktman) %

Frasers Logisticsmmercial Trust (SGX:BUOU) Forward Rate of Return (Yacktman) % : 0.00% (As of Sep. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Frasers Logisticsmmercial Trust Forward Rate of Return (Yacktman) %?

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Frasers Logisticsmmercial Trust's forward rate of return for was 0.00%.

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

SGX:BUOU' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 24.63   Med: 25.16   Max: 26.13
Current: 26.13

During the past 11 years, Frasers Logisticsmmercial Trust's highest Forward Rate of Return was 26.13. The lowest was 24.63. And the median was 25.16.

SGX:BUOU's Forward Rate of Return (Yacktman) % is ranked better than
90.55% of 550 companies
in the REITs industry
Industry Median: 7.965 vs SGX:BUOU: 26.13

Unlike the Earnings Yield %, the Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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.


Frasers Logisticsmmercial Trust Forward Rate of Return (Yacktman) % Historical Data

The historical data trend for Frasers Logisticsmmercial Trust'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.

* Premium members only.

Frasers Logisticsmmercial Trust Forward Rate of Return (Yacktman) % Chart

Frasers Logisticsmmercial Trust Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 25.08 -

Frasers Logisticsmmercial Trust Semi-Annual Data
Sep13 Sep14 Sep15 Dec16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 - 25.08 - - -

Competitive Comparison of Frasers Logisticsmmercial Trust's Forward Rate of Return (Yacktman) %

For the REIT - Industrial subindustry, Frasers Logisticsmmercial Trust'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.


Frasers Logisticsmmercial Trust's Forward Rate of Return (Yacktman) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Frasers Logisticsmmercial Trust's Forward Rate of Return (Yacktman) % distribution charts can be found below:

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



Frasers Logisticsmmercial Trust 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).

Frasers Logisticsmmercial Trust's Forward Rate of Return of Sep. 2023 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0.0625/1.07+0.2
=25.84 %

* 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.


Frasers Logisticsmmercial Trust  (SGX:BUOU) 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.


Frasers Logisticsmmercial Trust Forward Rate of Return (Yacktman) % Related Terms

Thank you for viewing the detailed overview of Frasers Logisticsmmercial Trust's Forward Rate of Return (Yacktman) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Frasers Logisticsmmercial Trust (SGX:BUOU) Business Description

Traded in Other Exchanges
Address
438 Alexandra Road, No. 21-00 Alexandra Point, Singapore, SGP, 119958
Frasers Logistics & Commercial Trust was established following the merger between Frasers Logistics and Industrial Trust and Frasers Commercial Trust in April 2020. As of March 31, 2023, the trust has a diversified portfolio of 107 logistics, industrial and commercial properties valued at around SGD 6.7 billion across Singapore, Australia, Germany, the Netherlands, and the United Kingdom. The trust is externally managed by Frasers Logistics & Commercial Asset Management, a subsidiary of Frasers Property Limited, which owns around 21% of the trust.

Frasers Logisticsmmercial Trust (SGX:BUOU) Headlines

No Headlines