VANECK GREEN BOND ETF (GRNB) Stock Overview
USA - NYSEARCA:GRNB - US92189F1710 - ETF
24.57 USD
+0.01 (+0.04%)
We assign a fundamental rating of 6 out of 10 to GRNB. GRNB was compared to 80 industry peers in the Automobile Components industry. Both the profitability and the financial health of GRNB get a neutral evaluation. Nothing too spectacular is happening here. A decent growth rate in combination with a cheap valuation! Better keep an eye on GRNB. Finally GRNB also has an excellent dividend rating. With these ratings, GRNB could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
In the past year GRNB was profitable.
GRNB had a positive operating cash flow in the past year.
Each year in the past 5 years GRNB has been profitable.
Each year in the past 5 years GRNB had a positive operating cash flow.
1.2 Ratios
GRNB has a Return On Assets of 4.39%. This is in the better half of the industry: GRNB outperforms 72.50% of its industry peers.
With a decent Return On Equity value of 8.81%, GRNB is doing good in the industry, outperforming 70.00% of the companies in the same industry.
GRNB has a better Return On Invested Capital (8.17%) than 68.75% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GRNB 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
GRNB has a better Profit Margin (5.84%) than 75.00% of its industry peers.
GRNB's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 10.65%, GRNB is in the better half of the industry, outperforming 76.25% of the companies in the same industry.
GRNB's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 27.60%, GRNB is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
In the last couple of years the Gross Margin of GRNB 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
GRNB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
GRNB has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, GRNB has less shares outstanding
GRNB has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.37 indicates that GRNB is not a great score, but indicates only limited risk for bankruptcy at the moment.
GRNB has a Altman-Z score of 2.37. This is comparable to the rest of the industry: GRNB outperforms 46.25% of its industry peers.
GRNB has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as GRNB would need 6.05 years to pay back of all of its debts.
GRNB has a better Debt to FCF ratio (6.05) than 61.25% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that GRNB is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.32, GRNB is in the better half of the industry, outperforming 63.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.37 |
ROIC/WACC1.26
WACC6.48%
2.3 Liquidity
A Current Ratio of 1.80 indicates that GRNB should not have too much problems paying its short term obligations.
GRNB has a Current ratio (1.80) which is comparable to the rest of the industry.
A Quick Ratio of 1.12 indicates that GRNB should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.12, GRNB perfoms like the industry average, outperforming 51.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The earnings per share for GRNB have decreased strongly by -18.28% in the last year.
The Earnings Per Share has been growing slightly by 1.64% on average over the past years.
The Revenue has decreased by -3.62% in the past year.
Measured over the past years, GRNB 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
The Earnings Per Share is expected to grow by 16.31% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.56% on average over the next years.
EPS Next Y22.75%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
EPS Next 5YN/A
Revenue Next Year-1.8%
Revenue Next 2Y0.24%
Revenue Next 3Y1.32%
Revenue Next 5Y2.56%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.49, the valuation of GRNB can be described as reasonable.
GRNB's Price/Earnings ratio is a bit cheaper when compared to the industry. GRNB is cheaper than 78.75% of the companies in the same industry.
When comparing the Price/Earnings ratio of GRNB to the average of the S&P500 Index (27.20), we can say GRNB is valued rather cheaply.
A Price/Forward Earnings ratio of 5.57 indicates a rather cheap valuation of GRNB.
Based on the Price/Forward Earnings ratio, GRNB is valued cheaply inside the industry as 82.50% of the companies are valued more expensively.
GRNB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.71.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.49 | ||
| Fwd PE | 5.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GRNB is valued cheaper than 82.50% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GRNB indicates a somewhat cheap valuation: GRNB is cheaper than 68.75% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.84 | ||
| EV/EBITDA | 3.78 |
4.3 Compensation for Growth
GRNB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
GRNB has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as GRNB's earnings are expected to grow with 16.31% in the coming years.
PEG (NY)0.42
PEG (5Y)5.77
EPS Next 2Y19.47%
EPS Next 3Y16.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.38%, GRNB is a good candidate for dividend investing.
GRNB's Dividend Yield is a higher than the industry average which is at 3.89.
Compared to an average S&P500 Dividend Yield of 2.38, GRNB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.38% |
5.2 History
On average, the dividend of GRNB grows each year by 7.84%, which is quite nice.
GRNB has been paying a dividend for over 5 years, so it has already some track record.
GRNB has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)7.84%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
62.40% of the earnings are spent on dividend by GRNB. This is not a sustainable payout ratio.
The dividend of GRNB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.4%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
NYSEARCA:GRNB (9/16/2025, 8:27:44 PM)
24.57
+0.01 (+0.04%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners39.91%
Inst Owner Change8.96%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap17.34B
Analysts80.87
Price Target29.52 (20.15%)
Short Float %0.01%
Short Ratio4.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.38% |
Yearly Dividend1.59
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years3
Div Non Decr Years3
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)-0.87%
PT rev (3m)9.31%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-9.31%
EPS NY rev (3m)-9.31%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)-2.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.49 | ||
| Fwd PE | 5.57 | ||
| P/S | 0.55 | ||
| P/FCF | 11.84 | ||
| P/OCF | 4.34 | ||
| P/B | 0.83 | ||
| P/tB | 1.13 | ||
| EV/EBITDA | 3.78 |
EPS(TTM)2.59
EY10.54%
EPS(NY)4.41
Fwd EY17.97%
FCF(TTM)2.07
FCFY8.44%
OCF(TTM)5.66
OCFY23.03%
SpS44.74
BVpS29.65
TBVpS21.83
PEG (NY)0.42
PEG (5Y)5.77
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 | 2.37 |
F-Score5
WACC6.48%
ROIC/WACC1.26
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 Y22.75%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-1.8%
Revenue Next 2Y0.24%
Revenue Next 3Y1.32%
Revenue Next 5Y2.56%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year66.93%
EBIT Next 3Y23.28%
EBIT Next 5Y17.51%
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%