24.495 USD
+0.04 (+0.18%)
Taking everything into account, GRNB scores 6 out of 10 in our fundamental rating. GRNB was compared to 82 industry peers in the Automobile Components industry. GRNB has only an average score on both its financial health and profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on GRNB. GRNB also has an excellent dividend rating. These ratings could make GRNB a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
In the past year GRNB was profitable.
In the past year GRNB had a positive cash flow from operations.
GRNB had positive earnings in each of the past 5 years.
GRNB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GRNB has a better Return On Assets (4.39%) than 71.95% of its industry peers.
The Return On Equity of GRNB (8.81%) is better than 73.17% of its industry peers.
The Return On Invested Capital of GRNB (8.17%) is better than 70.73% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GRNB is in line with the industry average of 8.52%.
| 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 75.61% of its industry peers.
In the last couple of years the Profit Margin of GRNB has remained more or less at the same level.
GRNB's Operating Margin of 10.65% is fine compared to the rest of the industry. GRNB outperforms 76.83% of its industry peers.
GRNB's Operating Margin has been stable in the last couple of years.
GRNB has a Gross Margin of 27.60%. This is in the better half of the industry: GRNB outperforms 68.29% of its industry peers.
GRNB'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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GRNB is creating some value.
The number of shares outstanding for GRNB has been reduced compared to 1 year ago.
Compared to 5 years ago, GRNB has less shares outstanding
Compared to 1 year ago, GRNB has a worse debt to assets ratio.
2.2 Solvency
GRNB has an Altman-Z score of 2.38. This is not the best score and indicates that GRNB is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.38, GRNB is in line with its industry, outperforming 47.56% of the companies in the same industry.
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's Debt to FCF ratio of 6.05 is fine compared to the rest of the industry. GRNB outperforms 64.63% of its industry peers.
GRNB has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
GRNB has a Debt to Equity ratio of 0.32. This is in the better half of the industry: GRNB outperforms 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.38 |
ROIC/WACC1.23
WACC6.62%
2.3 Liquidity
GRNB has a Current Ratio of 1.80. This is a normal value and indicates that GRNB is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.80, GRNB is in line with its industry, outperforming 54.88% of the companies in the same industry.
A Quick Ratio of 1.12 indicates that GRNB should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.12, GRNB is in line with its industry, outperforming 53.66% 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.
Measured over the past 5 years, GRNB shows a small growth in Earnings Per Share. The EPS has been growing by 1.64% on average per year.
The Revenue has decreased by -3.62% in the past 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
GRNB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.26% yearly.
Based on estimates for the next years, GRNB will show a small growth in Revenue. The Revenue will grow by 2.85% on average per year.
EPS Next Y0.74%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
EPS Next 5YN/A
Revenue Next Year-4.87%
Revenue Next 2Y-1.29%
Revenue Next 3Y0.41%
Revenue Next 5Y2.85%
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 9.68, the valuation of GRNB can be described as reasonable.
75.61% of the companies in the same industry are more expensive than GRNB, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of GRNB to the average of the S&P500 Index (25.98), we can say GRNB is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.83, the valuation of GRNB can be described as very cheap.
Based on the Price/Forward Earnings ratio, GRNB is valued cheaply inside the industry as 80.49% 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 35.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.68 | ||
| Fwd PE | 6.83 |
4.2 Price Multiples
81.71% of the companies in the same industry are more expensive than GRNB, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, GRNB is valued a bit cheaper than 65.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.08 | ||
| EV/EBITDA | 3.83 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GRNB does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of GRNB may justify a higher PE ratio.
PEG (NY)13.09
PEG (5Y)5.89
EPS Next 2Y8.86%
EPS Next 3Y11.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.10%, GRNB is a good candidate for dividend investing.
GRNB's Dividend Yield is a higher than the industry average which is at 4.49.
Compared to an average S&P500 Dividend Yield of 2.41, GRNB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.1% |
5.2 History
The dividend of GRNB is nicely growing with an annual growth rate of 7.84%!
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 2Y8.86%
EPS Next 3Y11.26%
NYSEARCA:GRNB (11/25/2025, 8:04:00 PM)
24.495
+0.04 (+0.18%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change5.35%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap17.29B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target27.65 (12.88%)
Short Float %0.01%
Short Ratio1.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.1% |
Yearly Dividend1.56
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)-7.22%
PT rev (3m)-1.48%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-16.83%
EPS NY rev (3m)-17.93%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.93%
Revenue NY rev (3m)-3.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.68 | ||
| Fwd PE | 6.83 | ||
| P/S | 0.56 | ||
| P/FCF | 12.08 | ||
| P/OCF | 4.43 | ||
| P/B | 0.84 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 3.83 |
EPS(TTM)2.53
EY10.33%
EPS(NY)3.58
Fwd EY14.63%
FCF(TTM)2.03
FCFY8.28%
OCF(TTM)5.53
OCFY22.59%
SpS43.74
BVpS28.99
TBVpS21.34
PEG (NY)13.09
PEG (5Y)5.89
Graham Number40.62
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 | 2.38 |
F-Score5
WACC6.62%
ROIC/WACC1.23
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 Y0.74%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-4.87%
Revenue Next 2Y-1.29%
Revenue Next 3Y0.41%
Revenue Next 5Y2.85%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year59.12%
EBIT Next 3Y22.78%
EBIT Next 5Y17.06%
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 GREEN BOND ETF / GRNB FAQ
Can you describe the business of VANECK GREEN 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.
What is the stock price of VANECK GREEN BOND ETF today?
The current stock price of GRNB is 24.495 USD. The price increased by 0.18% in the last trading session.
How is the ChartMill rating for VANECK GREEN BOND ETF?
GRNB has a ChartMill Technical rating of 5 out of 10 and a ChartMill Fundamental rating of 6 out of 10.
Where is VANECK GREEN BOND ETF (GRNB) stock traded?
GRNB stock is listed on the NYSE Arca exchange.