VANECK FALLEN ANGEL HIGH YLD (ANGL) Stock Price, Forecast & Analysis
USA - NASDAQ:ANGL - US92189F4375 - ETF
29.21 USD
0 (0%)
29.21 USD
0 (0%)
Overall ANGL gets a fundamental rating of 5 out of 10. We evaluated ANGL against 82 industry peers in the Automobile Components industry. Both the profitability and the financial health of ANGL get a neutral evaluation. Nothing too spectacular is happening here. ANGL is not valued too expensively and it also shows a decent growth rate. ANGL also has an excellent dividend rating. These ratings would make ANGL suitable for dividend investing!
1. Profitability
1.1 Basic Checks
ANGL had positive earnings in the past year.
ANGL had a positive operating cash flow in the past year.
Each year in the past 5 years ANGL has been profitable.
In the past 5 years ANGL always reported a positive cash flow from operatings.
1.2 Ratios
ANGL has a Return On Assets of 4.39%. This is in the better half of the industry: ANGL outperforms 69.51% of its industry peers.
ANGL has a Return On Equity of 8.81%. This is in the better half of the industry: ANGL outperforms 70.73% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.17%, ANGL is in the better half of the industry, outperforming 68.29% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ANGL is in line with the industry average of 8.55%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.39% | ||
| ROE | 8.81% | ||
| ROIC | 8.17% |
ROA(3y)5.45%
ROA(5y)4.73%
ROE(3y)10.95%
ROE(5y)10.02%
ROIC(3y)9.25%
ROIC(5y)8.5%
1.3 Margins
With a decent Profit Margin value of 5.84%, ANGL is doing good in the industry, outperforming 73.17% of the companies in the same industry.
In the last couple of years the Profit Margin of ANGL has remained more or less at the same level.
ANGL has a Operating Margin of 10.65%. This is in the better half of the industry: ANGL outperforms 74.39% of its industry peers.
In the last couple of years the Operating Margin of ANGL has remained more or less at the same level.
Looking at the Gross Margin, with a value of 27.60%, ANGL is in the better half of the industry, outperforming 65.85% of the companies in the same industry.
ANGL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.65% | ||
| PM (TTM) | 5.84% | ||
| GM | 27.6% |
OM growth 3Y-2.46%
OM growth 5Y-1.24%
PM growth 3Y-3.58%
PM growth 5Y-0.79%
GM growth 3Y-0.99%
GM growth 5Y-0.59%
2. Health
2.1 Basic Checks
ANGL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
ANGL has less shares outstanding than it did 1 year ago.
The number of shares outstanding for ANGL has been reduced compared to 5 years ago.
ANGL has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.47 indicates that ANGL is not a great score, but indicates only limited risk for bankruptcy at the moment.
ANGL has a Altman-Z score (2.47) which is in line with its industry peers.
The Debt to FCF ratio of ANGL is 6.05, which is on the high side as it means it would take ANGL, 6.05 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.05, ANGL is in the better half of the industry, outperforming 60.98% of the companies in the same industry.
ANGL has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
ANGL's Debt to Equity ratio of 0.32 is fine compared to the rest of the industry. ANGL outperforms 60.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.47 |
ROIC/WACC1.19
WACC6.85%
2.3 Liquidity
A Current Ratio of 1.80 indicates that ANGL should not have too much problems paying its short term obligations.
ANGL's Current ratio of 1.80 is in line compared to the rest of the industry. ANGL outperforms 52.44% of its industry peers.
A Quick Ratio of 1.12 indicates that ANGL should not have too much problems paying its short term obligations.
ANGL has a Quick ratio (1.12) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
ANGL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
ANGL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.64% yearly.
Looking at the last year, ANGL shows a decrease in Revenue. The Revenue has decreased by -3.62% in the last year.
ANGL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.41% yearly.
EPS 1Y (TTM)-18.28%
EPS 3Y0.78%
EPS 5Y1.64%
EPS Q2Q%-26.88%
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
3.2 Future
Based on estimates for the next years, ANGL will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.26% on average per year.
Based on estimates for the next years, ANGL will show a small growth in Revenue. The Revenue will grow by 2.85% on average per year.
EPS Next Y0.74%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
EPS Next 5YN/A
Revenue Next Year-4.87%
Revenue Next 2Y-1.29%
Revenue Next 3Y0.41%
Revenue Next 5Y2.85%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.45, which indicates a very decent valuation of ANGL.
Based on the Price/Earnings ratio, ANGL is valued a bit cheaper than 69.51% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.89, ANGL is valued rather cheaply.
The Price/Forward Earnings ratio is 8.08, which indicates a very decent valuation of ANGL.
76.83% of the companies in the same industry are more expensive than ANGL, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ANGL to the average of the S&P500 Index (34.59), we can say ANGL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.45 | ||
| Fwd PE | 8.08 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ANGL is valued a bit cheaper than the industry average as 76.83% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ANGL indicates a somewhat cheap valuation: ANGL is cheaper than 63.41% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.27 | ||
| EV/EBITDA | 4.4 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ANGL does not grow enough to justify the current Price/Earnings ratio.
ANGL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)15.49
PEG (5Y)6.97
EPS Next 2Y8.86%
EPS Next 3Y11.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.77%, ANGL is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.20, ANGL pays a bit more dividend than its industry peers.
ANGL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.77% |
5.2 History
The dividend of ANGL is nicely growing with an annual growth rate of 7.84%!
ANGL has paid a dividend for at least 10 years, which is a reliable track record.
ANGL has decreased its dividend in the last 3 years.
Dividend Growth(5Y)7.84%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
ANGL pays out 62.40% of its income as dividend. This is not a sustainable payout ratio.
ANGL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
29.21
0 (0%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change12.55%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap20.61B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target33.3 (14%)
Short Float %0.05%
Short Ratio0.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.77% |
Yearly Dividend1.58
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-7.87%
PT rev (3m)-6.38%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-16.83%
EPS NY rev (3m)-25.57%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.93%
Revenue NY rev (3m)-3.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.45 | ||
| Fwd PE | 8.08 | ||
| P/S | 0.66 | ||
| P/FCF | 14.27 | ||
| P/OCF | 5.23 | ||
| P/B | 1 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | 4.4 |
EPS(TTM)2.55
EY8.73%
EPS(NY)3.62
Fwd EY12.38%
FCF(TTM)2.05
FCFY7.01%
OCF(TTM)5.58
OCFY19.11%
SpS44.13
BVpS29.25
TBVpS21.53
PEG (NY)15.49
PEG (5Y)6.97
Graham Number40.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.39% | ||
| ROE | 8.81% | ||
| ROCE | 10.41% | ||
| ROIC | 8.17% | ||
| ROICexc | 9.37% | ||
| ROICexgc | 11.66% | ||
| OM | 10.65% | ||
| PM (TTM) | 5.84% | ||
| GM | 27.6% | ||
| FCFM | 4.64% |
ROA(3y)5.45%
ROA(5y)4.73%
ROE(3y)10.95%
ROE(5y)10.02%
ROIC(3y)9.25%
ROIC(5y)8.5%
ROICexc(3y)10.45%
ROICexc(5y)9.86%
ROICexgc(3y)12.91%
ROICexgc(5y)12.2%
ROCE(3y)11.87%
ROCE(5y)10.97%
ROICexgc growth 3Y-1.17%
ROICexgc growth 5Y0.57%
ROICexc growth 3Y-1.78%
ROICexc growth 5Y0.45%
OM growth 3Y-2.46%
OM growth 5Y-1.24%
PM growth 3Y-3.58%
PM growth 5Y-0.79%
GM growth 3Y-0.99%
GM growth 5Y-0.59%
F-Score5
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Debt/EBITDA | 1.17 | ||
| Cap/Depr | 107.96% | ||
| Cap/Sales | 8.01% | ||
| Interest Coverage | 9.96 | ||
| Cash Conversion | 70% | ||
| Profit Quality | 79.44% | ||
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 2.47 |
F-Score5
WACC6.85%
ROIC/WACC1.19
Cap/Depr(3y)113.8%
Cap/Depr(5y)101.88%
Cap/Sales(3y)7.8%
Cap/Sales(5y)7.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-18.28%
EPS 3Y0.78%
EPS 5Y1.64%
EPS Q2Q%-26.88%
EPS Next Y0.74%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-4.87%
Revenue Next 2Y-1.29%
Revenue Next 3Y0.41%
Revenue Next 5Y2.85%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year59.12%
EBIT Next 3Y22.78%
EBIT Next 5Y17.06%
FCF growth 1Y-20.46%
FCF growth 3Y21.5%
FCF growth 5Y7.22%
OCF growth 1Y-10.1%
OCF growth 3Y14.27%
OCF growth 5Y5.48%
VANECK FALLEN ANGEL HIGH YLD / ANGL FAQ
What does VANECK FALLEN ANGEL HIGH YLD do?
Compagnie Générale des Établissements Michelin SCA engages in the manufacture, distribution and sale of tires. The company is headquartered in Clermont-Ferrand, Auvergne-Rhone-Alpes and currently employs 127,500 full-time employees. The firm operates through three segments: Automotive, Road Transportation and Specialty Businesses. Automotive, which comprises the business lines Automotive business to customers (B2C) Global Brands, Automotive B2C Regional Brands, Automotive Original Equipment and Mobility Experiences. Road Transportation comprises the business lines Long Distance Transportation, Urban Transportation and Services & Solutions. Specialty Businesses comprises the business lines Mining, Off-Highway Transportation, Two-Wheel, Aircraft and High-Tech Materials. The company provides different kind of tires and related products and services through a dealership network. Its service offering includes truck driver assistance with Michelin Euro Assist, fleet tire advice, maintenance and management services and mobility assistance services, among others. Additionally, it provides branded lifestyle products and high-tech materials.
What is the current price of ANGL stock?
The current stock price of ANGL is 29.21 USD.
How is the ChartMill rating for VANECK FALLEN ANGEL HIGH YLD?
ANGL has a ChartMill Technical rating of 1 out of 10 and a ChartMill Fundamental rating of 5 out of 10.