VANECK CHINA BOND ETF (CBON) Stock Price, Quote, News and Overview
NYSEARCA:CBON - NYSE Arca - US92189F3799 - ETF - Currency: USD
We assign a fundamental rating of 6 out of 10 to CBON. CBON was compared to 80 industry peers in the Automobile Components industry. Both the profitability and the financial health of CBON get a neutral evaluation. Nothing too spectacular is happening here. CBON is valued quite cheap, while showing a decent growth score. This is a good combination! Finally CBON also has an excellent dividend rating. With these ratings, CBON could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
In the past year CBON was profitable.
CBON had a positive operating cash flow in the past year.
In the past 5 years CBON has always been profitable.
CBON had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.04%, CBON is doing good in the industry, outperforming 73.75% of the companies in the same industry.
CBON's Return On Equity of 10.12% is fine compared to the rest of the industry. CBON outperforms 72.50% of its industry peers.
With a decent Return On Invested Capital value of 8.73%, CBON is doing good in the industry, outperforming 72.50% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CBON is in line with the industry average of 9.12%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 10.12% | ||
| ROIC | 8.73% |
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
CBON has a better Profit Margin (6.93%) than 76.25% of its industry peers.
In the last couple of years the Profit Margin of CBON has remained more or less at the same level.
The Operating Margin of CBON (11.72%) is better than 78.75% of its industry peers.
CBON's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 28.49%, CBON is doing good in the industry, outperforming 71.25% of the companies in the same industry.
CBON's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.72% | ||
| PM (TTM) | 6.93% | ||
| GM | 28.49% |
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), CBON is creating some value.
CBON has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CBON has less shares outstanding
Compared to 1 year ago, CBON has a worse debt to assets ratio.
2.2 Solvency
CBON has an Altman-Z score of 2.26. This is not the best score and indicates that CBON is in the grey zone with still only limited risk for bankruptcy at the moment.
CBON has a worse Altman-Z score (2.26) than 60.00% of its industry peers.
CBON has a debt to FCF ratio of 3.42. This is a good value and a sign of high solvency as CBON would need 3.42 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.42, CBON is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
A Debt/Equity ratio of 0.31 indicates that CBON is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.31, CBON is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 3.42 | ||
| Altman-Z | 2.26 |
ROIC/WACC1.37
WACC6.39%
2.3 Liquidity
CBON has a Current Ratio of 1.76. This is a normal value and indicates that CBON is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.76, CBON is in line with its industry, outperforming 53.75% of the companies in the same industry.
CBON has a Quick Ratio of 1.11. This is a normal value and indicates that CBON is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.11, CBON perfoms like the industry average, outperforming 53.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
The earnings per share for CBON have decreased by -5.42% in the last year.
CBON shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.64% yearly.
The Revenue has decreased by -4.06% in the past year.
CBON shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.41% yearly.
EPS 1Y (TTM)-5.42%
EPS 3Y0.78%
EPS 5Y1.64%
EPS Q2Q%-5.56%
Revenue 1Y (TTM)-4.06%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.87%
3.2 Future
CBON is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.51% yearly.
Based on estimates for the next years, CBON will show a small growth in Revenue. The Revenue will grow by 3.24% on average per year.
EPS Next Y35.36%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
EPS Next 5YN/A
Revenue Next Year0.83%
Revenue Next 2Y2%
Revenue Next 3Y2.43%
Revenue Next 5Y3.24%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CBON is valuated cheaply with a Price/Earnings ratio of 7.27.
CBON's Price/Earnings ratio is rather cheap when compared to the industry. CBON is cheaper than 85.00% of the companies in the same industry.
CBON's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.29.
With a Price/Forward Earnings ratio of 5.37, the valuation of CBON can be described as very cheap.
CBON's Price/Forward Earnings ratio is rather cheap when compared to the industry. CBON is cheaper than 86.25% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.74, CBON is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.27 | ||
| Fwd PE | 5.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CBON is valued cheaply inside the industry as 85.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CBON is valued cheaper than 82.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.24 | ||
| EV/EBITDA | 3.05 |
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 CBON may justify a higher PE ratio.
A more expensive valuation may be justified as CBON's earnings are expected to grow with 17.51% in the coming years.
PEG (NY)0.21
PEG (5Y)4.43
EPS Next 2Y23.07%
EPS Next 3Y17.51%
5. Dividend
5.1 Amount
CBON has a Yearly Dividend Yield of 4.35%, which is a nice return.
Compared to an average industry Dividend Yield of 4.30, CBON pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, CBON pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.35% |
5.2 History
The dividend of CBON is nicely growing with an annual growth rate of 7.84%!
CBON has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.84%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
51.01% of the earnings are spent on dividend by CBON. This is a bit on the high side, but may be sustainable.
The dividend of CBON is growing, but earnings are growing more, so the dividend growth is sustainable.
DP51.01%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
NYSEARCA:CBON (7/7/2025, 8:04:01 PM)
22.325
-0.06 (-0.27%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners39.91%
Inst Owner Change0%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap15.76B
Analysts80
Price Target25.11 (12.47%)
Short Float %0%
Short Ratio0.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.35% |
Yearly Dividend1.59
Dividend Growth(5Y)7.84%
DP51.01%
Div Incr Years0
Div Non Decr Years0
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)-0.62%
PT rev (3m)-3.83%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.7%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.27 | ||
| Fwd PE | 5.37 | ||
| P/S | 0.49 | ||
| P/FCF | 6.24 | ||
| P/OCF | 3.1 | ||
| P/B | 0.72 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | 3.05 |
EPS(TTM)3.07
EY13.75%
EPS(NY)4.16
Fwd EY18.63%
FCF(TTM)3.58
FCFY16.03%
OCF(TTM)7.21
OCFY32.28%
SpS45.19
BVpS30.95
TBVpS22.73
PEG (NY)0.21
PEG (5Y)4.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 10.12% | ||
| ROCE | 11.13% | ||
| ROIC | 8.73% | ||
| ROICexc | 10.35% | ||
| ROICexgc | 13.02% | ||
| OM | 11.72% | ||
| PM (TTM) | 6.93% | ||
| GM | 28.49% | ||
| FCFM | 7.92% |
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 Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 3.42 | ||
| Debt/EBITDA | 1.12 | ||
| Cap/Depr | 110.04% | ||
| Cap/Sales | 8.02% | ||
| Interest Coverage | 12.7 | ||
| Cash Conversion | 83.87% | ||
| Profit Quality | 114.33% | ||
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 2.26 |
F-Score5
WACC6.39%
ROIC/WACC1.37
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)-5.42%
EPS 3Y0.78%
EPS 5Y1.64%
EPS Q2Q%-5.56%
EPS Next Y35.36%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.06%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.87%
Revenue Next Year0.83%
Revenue Next 2Y2%
Revenue Next 3Y2.43%
Revenue Next 5Y3.24%
EBIT growth 1Y-7.52%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year66.93%
EBIT Next 3Y23.28%
EBIT Next 5Y17.83%
FCF growth 1Y-29.4%
FCF growth 3Y21.5%
FCF growth 5Y7.22%
OCF growth 1Y-17.99%
OCF growth 3Y14.27%
OCF growth 5Y5.48%