29.38 USD
-0.01 (-0.03%)
31.9055 USD
+2.53 (+8.6%)
Taking everything into account, ANGL scores 5 out of 10 in our fundamental rating. ANGL was compared to 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. With these ratings, ANGL could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
In the past year ANGL was profitable.
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
With a decent Return On Assets value of 4.39%, ANGL is doing good in the industry, outperforming 69.51% of the companies in the same industry.
ANGL's Return On Equity of 8.81% is fine compared to the rest of the industry. ANGL outperforms 70.73% of its industry peers.
ANGL's Return On Invested Capital of 8.17% is fine compared to the rest of the industry. ANGL outperforms 68.29% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ANGL is in line with the industry average of 8.62%.
| 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 Profit Margin of 5.84%. This is in the better half of the industry: ANGL outperforms 73.17% of its industry peers.
ANGL's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 10.65%, ANGL is in the better half of the industry, outperforming 74.39% of the companies in the same industry.
In the last couple of years the Operating Margin of ANGL has remained more or less at the same level.
The Gross Margin of ANGL (27.60%) is better than 65.85% of its industry peers.
In the last couple of years the Gross Margin of ANGL has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ANGL is creating some value.
The number of shares outstanding for ANGL has been reduced compared to 1 year ago.
The number of shares outstanding for ANGL has been reduced compared to 5 years ago.
The debt/assets ratio for ANGL is higher compared to a year ago.
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 51.22% 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 better than 62.20% of its industry peers.
ANGL has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.32, ANGL is doing good in the industry, outperforming 60.98% 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
WACC6.81%
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.
With a Current ratio value of 1.80, ANGL perfoms like the industry average, outperforming 52.44% of the companies in the same industry.
A Quick Ratio of 1.12 indicates that ANGL should not have too much problems paying its short term obligations.
The Quick ratio of ANGL (1.12) 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.
ANGL shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
Measured over the past years, ANGL shows a small growth in Revenue. The Revenue has been growing by 2.41% on average per year.
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 11.17% yearly.
The Revenue is expected to grow by 3.23% on average over the next years.
EPS Next Y0.52%
EPS Next 2Y8.73%
EPS Next 3Y11.17%
EPS Next 5YN/A
Revenue Next Year-4.91%
Revenue Next 2Y-1.32%
Revenue Next 3Y0.38%
Revenue Next 5Y3.23%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.52, which indicates a very decent valuation of ANGL.
Compared to the rest of the industry, the Price/Earnings ratio of ANGL indicates a somewhat cheap valuation: ANGL is cheaper than 69.51% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ANGL to the average of the S&P500 Index (26.28), we can say ANGL is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.14, the valuation of ANGL can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ANGL indicates a somewhat cheap valuation: ANGL is cheaper than 74.39% of the companies listed in the same industry.
ANGL is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.52, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.52 | ||
| Fwd PE | 8.14 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ANGL is valued a bit cheaper than 76.83% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ANGL is valued a bit cheaper than the industry average as 63.41% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.44 | ||
| EV/EBITDA | 4.45 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ANGL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)22.37
PEG (5Y)7.01
EPS Next 2Y8.73%
EPS Next 3Y11.17%
5. Dividend
5.1 Amount
ANGL has a Yearly Dividend Yield of 4.93%, which is a nice return.
ANGL's Dividend Yield is a higher than the industry average which is at 4.32.
ANGL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.93% |
5.2 History
On average, the dividend of ANGL grows each year by 7.84%, which is quite nice.
ANGL has paid a dividend for at least 10 years, which is 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
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 2Y8.73%
EPS Next 3Y11.17%
29.38
-0.01 (-0.03%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.46%
Inst Owner Change12.63%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap20.87B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts78.33
Price Target34.09 (16.03%)
Short Float %0.1%
Short Ratio0.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.93% |
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)0.26%
PT rev (3m)1.16%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.22%
EPS NY rev (3m)-18.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-3.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.52 | ||
| Fwd PE | 8.14 | ||
| P/S | 0.67 | ||
| P/FCF | 14.44 | ||
| P/OCF | 5.29 | ||
| P/B | 1.01 | ||
| P/tB | 1.37 | ||
| EV/EBITDA | 4.45 |
EPS(TTM)2.55
EY8.68%
EPS(NY)3.61
Fwd EY12.29%
FCF(TTM)2.03
FCFY6.92%
OCF(TTM)5.55
OCFY18.89%
SpS43.86
BVpS29.07
TBVpS21.4
PEG (NY)22.37
PEG (5Y)7.01
Graham Number40.84
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 | 2.48 |
F-Score5
WACC6.81%
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 Y0.52%
EPS Next 2Y8.73%
EPS Next 3Y11.17%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-4.91%
Revenue Next 2Y-1.32%
Revenue Next 3Y0.38%
Revenue Next 5Y3.23%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year41.54%
EBIT Next 3Y18.8%
EBIT Next 5Y16.72%
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 29.38 USD. The price decreased by -0.03% in the last trading session.
How is the ChartMill rating for VANECK FALLEN ANGEL HIGH YLD?
ANGL has a ChartMill Technical rating of 4 out of 10 and a ChartMill Fundamental rating of 5 out of 10.