17.49 USD
+0.01 (+0.06%)
MLN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 82 industry peers in the Automobile Components industry. While MLN belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MLN scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally MLN also has an excellent dividend rating. This makes MLN very considerable for value and dividend investing!
1. Profitability
1.1 Basic Checks
MLN had positive earnings in the past year.
MLN had a positive operating cash flow in the past year.
In the past 5 years MLN has always been profitable.
In the past 5 years MLN always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 4.39%, MLN belongs to the best of the industry, outperforming 82.93% of the companies in the same industry.
MLN has a Return On Equity of 8.81%. This is amongst the best in the industry. MLN outperforms 84.15% of its industry peers.
MLN's Return On Invested Capital of 8.17% is amongst the best of the industry. MLN outperforms 81.71% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MLN 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
With an excellent Profit Margin value of 5.84%, MLN belongs to the best of the industry, outperforming 86.59% of the companies in the same industry.
MLN's Profit Margin has been stable in the last couple of years.
MLN has a Operating Margin of 10.65%. This is amongst the best in the industry. MLN outperforms 87.80% of its industry peers.
In the last couple of years the Operating Margin of MLN has remained more or less at the same level.
MLN's Gross Margin of 27.60% is fine compared to the rest of the industry. MLN outperforms 79.27% of its industry peers.
In the last couple of years the Gross Margin of MLN 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), MLN is creating some value.
Compared to 1 year ago, MLN has less shares outstanding
The number of shares outstanding for MLN has been reduced compared to 5 years ago.
Compared to 1 year ago, MLN has a worse debt to assets ratio.
2.2 Solvency
MLN has an Altman-Z score of 2.23. This is not the best score and indicates that MLN is in the grey zone with still only limited risk for bankruptcy at the moment.
MLN's Altman-Z score of 2.23 is on the low side compared to the rest of the industry. MLN is outperformed by 65.85% of its industry peers.
The Debt to FCF ratio of MLN is 6.05, which is on the high side as it means it would take MLN, 6.05 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of MLN (6.05) is better than 75.61% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that MLN is not too dependend on debt financing.
MLN's Debt to Equity ratio of 0.32 is fine compared to the rest of the industry. MLN outperforms 74.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.23 |
ROIC/WACC1.31
WACC6.25%
2.3 Liquidity
MLN has a Current Ratio of 1.80. This is a normal value and indicates that MLN is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.80, MLN is doing good in the industry, outperforming 65.85% of the companies in the same industry.
MLN has a Quick Ratio of 1.12. This is a normal value and indicates that MLN is financially healthy and should not expect problems in meeting its short term obligations.
MLN has a better Quick ratio (1.12) than 64.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
MLN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
MLN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.64% yearly.
Looking at the last year, MLN shows a decrease in Revenue. The Revenue has decreased by -3.62% in the last year.
MLN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.41% yearly.
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
Based on estimates for the next years, MLN will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.17% on average per year.
Based on estimates for the next years, MLN will show a small growth in Revenue. The Revenue will grow by 3.23% on average per year.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
MLN is valuated cheaply with a Price/Earnings ratio of 6.81.
Based on the Price/Earnings ratio, MLN is valued cheaply inside the industry as 92.68% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.56, MLN is valued rather cheaply.
With a Price/Forward Earnings ratio of 4.81, the valuation of MLN can be described as very cheap.
Based on the Price/Forward Earnings ratio, MLN is valued cheaply inside the industry as 93.90% of the companies are valued more expensively.
MLN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.81 | ||
| Fwd PE | 4.81 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MLN indicates a rather cheap valuation: MLN is cheaper than 93.90% of the companies listed in the same industry.
MLN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MLN is cheaper than 82.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.54 | ||
| EV/EBITDA | 2.93 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
MLN has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)13.21
PEG (5Y)4.14
EPS Next 2Y8.73%
EPS Next 3Y11.17%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.95%, MLN is a good candidate for dividend investing.
MLN's Dividend Yield is a higher than the industry average which is at 2.57.
Compared to an average S&P500 Dividend Yield of 1.87, MLN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.95% |
5.2 History
The dividend of MLN is nicely growing with an annual growth rate of 7.84%!
MLN has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of MLN decreased recently.
Dividend Growth(5Y)7.84%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
MLN pays out 62.40% of its income as dividend. This is not a sustainable payout ratio.
MLN'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:MLN (12/15/2025, 2:15:46 PM)
17.49
+0.01 (+0.06%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.46%
Inst Owner Change-2.32%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap12.43B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts78.33
Price Target20.21 (15.55%)
Short Float %0.03%
Short Ratio0.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.95% |
Yearly Dividend1.59
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years1
Div Non Decr Years1
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)-0.41%
PT rev (3m)-3.43%
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 | 6.81 | ||
| Fwd PE | 4.81 | ||
| P/S | 0.4 | ||
| P/FCF | 8.54 | ||
| P/OCF | 3.13 | ||
| P/B | 0.6 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 2.93 |
EPS(TTM)2.57
EY14.69%
EPS(NY)3.63
Fwd EY20.78%
FCF(TTM)2.05
FCFY11.71%
OCF(TTM)5.59
OCFY31.94%
SpS44.15
BVpS29.26
TBVpS21.54
PEG (NY)13.21
PEG (5Y)4.14
Graham Number41.13
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 | 2.23 |
F-Score5
WACC6.25%
ROIC/WACC1.31
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 LONG MUNI ETF / MLN FAQ
Can you describe the business of VANECK LONG MUNI 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 LONG MUNI ETF?
The current stock price of MLN is 17.49 USD. The price increased by 0.06% in the last trading session.
What is the ChartMill rating of VANECK LONG MUNI ETF stock?
MLN has a ChartMill Technical rating of 3 out of 10 and a ChartMill Fundamental rating of 6 out of 10.
Which stock exchange lists MLN stock?
MLN stock is listed on the NYSE Arca exchange.