VANECK FALLEN ANGEL HIGH YLD (ANGL) Stock Overview
USA - NASDAQ:ANGL - US92189F4375 - ETF
29.4 USD
-0.1 (-0.34%)
29.4 USD
0 (0%)
Overall ANGL gets a fundamental rating of 6 out of 10. We evaluated ANGL against 81 industry peers in the Automobile Components industry. ANGL has an average financial health and profitability rating. ANGL scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally ANGL also has an excellent dividend rating. These ratings would make ANGL suitable for value and 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.
ANGL had positive earnings in each of the past 5 years.
Each year in the past 5 years ANGL had a positive operating cash flow.
1.2 Ratios
ANGL has a Return On Assets of 4.39%. This is in the better half of the industry: ANGL outperforms 69.14% of its industry peers.
ANGL's Return On Equity of 8.81% is fine compared to the rest of the industry. ANGL outperforms 67.90% of its industry peers.
With a decent Return On Invested Capital value of 8.17%, ANGL is doing good in the industry, outperforming 66.67% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ANGL is in line with the industry average of 8.51%.
| 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
ANGL has a better Profit Margin (5.84%) than 72.84% of its industry peers.
ANGL's Profit Margin has been stable in the last couple of years.
ANGL's Operating Margin of 10.65% is fine compared to the rest of the industry. ANGL outperforms 74.07% of its industry peers.
ANGL's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 27.60%, ANGL is doing good in the industry, outperforming 65.43% 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.
The number of shares outstanding for ANGL has been reduced compared to 1 year ago.
Compared to 5 years ago, ANGL has less shares outstanding
Compared to 1 year ago, ANGL has a worse debt to assets ratio.
2.2 Solvency
ANGL has an Altman-Z score of 2.48. This is not the best score and indicates that ANGL is in the grey zone with still only limited risk for bankruptcy at the moment.
ANGL has a Altman-Z score of 2.48. This is comparable to the rest of the industry: ANGL outperforms 50.62% of 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.
The Debt to FCF ratio of ANGL (6.05) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.32 indicates that ANGL is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.32, ANGL is doing good in the industry, outperforming 61.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.48 |
ROIC/WACC1.2
WACC6.79%
2.3 Liquidity
ANGL has a Current Ratio of 1.80. This is a normal value and indicates that ANGL is financially healthy and should not expect problems in meeting its short term obligations.
ANGL's Current ratio of 1.80 is in line compared to the rest of the industry. ANGL outperforms 50.62% of its industry peers.
ANGL has a Quick Ratio of 1.12. This is a normal value and indicates that ANGL is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.12, ANGL is in line with its industry, outperforming 49.38% of the companies in the same 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%.
The Earnings Per Share has been growing slightly by 1.64% on average over the past years.
Looking at the last year, ANGL shows a decrease in Revenue. The Revenue has decreased by -3.62% in the last year.
The Revenue has been growing slightly by 2.41% on average over the past years.
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
ANGL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.63% yearly.
ANGL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.47% yearly.
EPS Next Y21.13%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
EPS Next 5YN/A
Revenue Next Year-2%
Revenue Next 2Y0.2%
Revenue Next 3Y1.31%
Revenue Next 5Y2.47%
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 11.53, which indicates a very decent valuation of ANGL.
Based on the Price/Earnings ratio, ANGL is valued a bit cheaper than 69.14% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.31. ANGL is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 6.89, the valuation of ANGL can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ANGL indicates a somewhat cheap valuation: ANGL is cheaper than 79.01% of the companies listed in the same industry.
ANGL is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.85, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.53 | ||
| Fwd PE | 6.89 |
4.2 Price Multiples
76.54% of the companies in the same industry are more expensive than ANGL, based on the Enterprise Value to EBITDA ratio.
61.73% of the companies in the same industry are more expensive than ANGL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.4 | ||
| EV/EBITDA | 4.45 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ANGL may justify a higher PE ratio.
ANGL's earnings are expected to grow with 15.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.55
PEG (5Y)7.02
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
ANGL has a Yearly Dividend Yield of 4.65%, which is a nice return.
Compared to an average industry Dividend Yield of 4.15, 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 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.65% |
5.2 History
The dividend of ANGL is nicely growing with an annual growth rate of 7.84%!
ANGL has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of ANGL decreased in the last 3 years.
Dividend Growth(5Y)7.84%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
62.40% of the earnings are spent on dividend by ANGL. 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 2Y18.35%
EPS Next 3Y15.63%
29.4
-0.1 (-0.34%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change-0.03%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap20.75B
Analysts80
Price Target36.15 (22.96%)
Short Float %0.01%
Short Ratio0.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.65% |
Yearly Dividend1.56
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)7.28%
PT rev (3m)11.78%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.32%
EPS NY rev (3m)-10.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-2.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.53 | ||
| Fwd PE | 6.89 | ||
| P/S | 0.67 | ||
| P/FCF | 14.4 | ||
| P/OCF | 5.28 | ||
| P/B | 1.01 | ||
| P/tB | 1.37 | ||
| EV/EBITDA | 4.45 |
EPS(TTM)2.55
EY8.67%
EPS(NY)4.26
Fwd EY14.51%
FCF(TTM)2.04
FCFY6.95%
OCF(TTM)5.57
OCFY18.95%
SpS44.03
BVpS29.19
TBVpS21.48
PEG (NY)0.55
PEG (5Y)7.02
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)10.37%
ROICexc(5y)9.81%
ROICexgc(3y)12.78%
ROICexgc(5y)12.13%
ROCE(3y)11.87%
ROCE(5y)10.97%
ROICexcg growth 3Y-1.65%
ROICexcg growth 5Y0.27%
ROICexc growth 3Y-2.16%
ROICexc growth 5Y0.21%
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 | 2.48 |
F-Score5
WACC6.79%
ROIC/WACC1.2
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 Y21.13%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-2%
Revenue Next 2Y0.2%
Revenue Next 3Y1.31%
Revenue Next 5Y2.47%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year59.12%
EBIT Next 3Y22.78%
EBIT Next 5Y17.41%
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%