22.6982 USD
+0.01 (+0.04%)
Overall CBON gets a fundamental rating of 6 out of 10. We evaluated CBON against 81 industry peers in the Automobile Components industry. CBON has an excellent profitability rating, but there are some minor concerns on its financial health. CBON may be a bit undervalued, certainly considering the very reasonable score on growth CBON also has an excellent dividend rating. These ratings could make CBON a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
CBON had positive earnings in the past year.
CBON had a positive operating cash flow in the past year.
CBON had positive earnings in each of the past 5 years.
In the past 5 years CBON always reported a positive cash flow from operatings.
1.2 Ratios
CBON has a better Return On Assets (4.39%) than 76.54% of its industry peers.
CBON has a better Return On Equity (8.81%) than 77.78% of its industry peers.
The Return On Invested Capital of CBON (8.17%) is better than 75.31% of its industry peers.
CBON had an Average Return On Invested Capital over the past 3 years of 9.25%. This 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
CBON has a better Profit Margin (5.84%) than 80.25% of its industry peers.
CBON's Profit Margin has been stable in the last couple of years.
With an excellent Operating Margin value of 10.65%, CBON belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
CBON's Operating Margin has been stable in the last couple of years.
CBON has a better Gross Margin (27.60%) than 71.60% of its industry peers.
In the last couple of years the Gross Margin of CBON 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CBON is still creating some value.
CBON has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CBON has less shares outstanding
CBON has a worse debt/assets ratio than last year.
2.2 Solvency
CBON has an Altman-Z score of 2.34. 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.
The Altman-Z score of CBON (2.34) is comparable to the rest of the industry.
CBON has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as CBON would need 6.05 years to pay back of all of its debts.
CBON has a Debt to FCF ratio of 6.05. This is in the better half of the industry: CBON outperforms 67.90% of its industry peers.
CBON has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.32, CBON is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.34 |
ROIC/WACC1.25
WACC6.54%
2.3 Liquidity
A Current Ratio of 1.80 indicates that CBON should not have too much problems paying its short term obligations.
CBON's Current ratio of 1.80 is in line compared to the rest of the industry. CBON outperforms 59.26% of its industry peers.
A Quick Ratio of 1.12 indicates that CBON should not have too much problems paying its short term obligations.
CBON has a Quick ratio (1.12) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The earnings per share for CBON have decreased strongly by -18.28% 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.
CBON shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
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
CBON 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
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 reasonably with a Price/Earnings ratio of 8.87.
Based on the Price/Earnings ratio, CBON is valued cheaper than 83.95% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.39. CBON is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 6.26, the valuation of CBON can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CBON indicates a rather cheap valuation: CBON is cheaper than 86.42% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of CBON to the average of the S&P500 Index (23.84), we can say CBON is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.87 | ||
| Fwd PE | 6.26 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CBON indicates a rather cheap valuation: CBON is cheaper than 86.42% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CBON indicates a somewhat cheap valuation: CBON is cheaper than 70.37% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.1 | ||
| EV/EBITDA | 3.59 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CBON does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of CBON may justify a higher PE ratio.
PEG (NY)17.22
PEG (5Y)5.4
EPS Next 2Y8.73%
EPS Next 3Y11.17%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.87%, CBON is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.56, CBON pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, CBON pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
5.2 History
On average, the dividend of CBON grows each year by 7.84%, which is quite nice.
CBON has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)7.84%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
CBON pays out 62.40% of its income as dividend. This is not a sustainable payout ratio.
CBON's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y8.73%
EPS Next 3Y11.17%
NYSEARCA:CBON (12/19/2025, 8:04:00 PM)
22.6982
+0.01 (+0.04%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.46%
Inst Owner Change58.53%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap16.13B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts78.33
Price Target26.05 (14.77%)
Short Float %0%
Short Ratio0.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
Yearly Dividend1.58
Dividend Growth(5Y)7.84%
DP62.4%
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)1.97%
PT rev (3m)-3.38%
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)-3.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.87 | ||
| Fwd PE | 6.26 | ||
| P/S | 0.51 | ||
| P/FCF | 11.1 | ||
| P/OCF | 4.07 | ||
| P/B | 0.78 | ||
| P/tB | 1.06 | ||
| EV/EBITDA | 3.59 |
EPS(TTM)2.56
EY11.28%
EPS(NY)3.63
Fwd EY15.98%
FCF(TTM)2.04
FCFY9.01%
OCF(TTM)5.58
OCFY24.57%
SpS44.08
BVpS29.21
TBVpS21.5
PEG (NY)17.22
PEG (5Y)5.4
Graham Number41.02
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)10.45%
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 | 2.34 |
F-Score5
WACC6.54%
ROIC/WACC1.25
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 CHINA BOND ETF / CBON FAQ
Can you describe the business of VANECK CHINA BOND ETF?
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.
Can you provide the latest stock price for VANECK CHINA BOND ETF?
The current stock price of CBON is 22.6982 USD. The price increased by 0.04% in the last trading session.
What is the ChartMill technical and fundamental rating of CBON stock?
CBON has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 6 out of 10.