VANECK LONG MUNI ETF (MLN) Stock Overview
USA - NYSEARCA:MLN - US92189F5364 - ETF
17.7 USD
0 (0%)
Taking everything into account, MLN scores 6 out of 10 in our fundamental rating. MLN was compared to 83 industry peers in the Automobile Components industry. MLN has an excellent profitability rating, but there are some minor concerns on its financial health. MLN may be a bit undervalued, certainly considering the very reasonable score on growth These ratings could make MLN a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year MLN was profitable.
In the past year MLN had a positive cash flow from operations.
Each year in the past 5 years MLN has been profitable.
MLN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 4.39%, MLN belongs to the best of the industry, outperforming 83.13% of the companies in the same industry.
Looking at the Return On Equity, with a value of 8.81%, MLN belongs to the top of the industry, outperforming 81.93% of the companies in the same industry.
MLN has a better Return On Invested Capital (8.17%) than 80.72% 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 8.52%.
| 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
Looking at the Profit Margin, with a value of 5.84%, MLN belongs to the top of the industry, outperforming 86.75% of the companies in the same industry.
MLN's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 10.65%, MLN belongs to the top of the industry, outperforming 87.95% of the companies in the same industry.
MLN's Operating Margin has been stable in the last couple of years.
MLN has a Gross Margin of 27.60%. This is in the better half of the industry: MLN outperforms 79.52% of its industry peers.
MLN'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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MLN is still creating some value.
The number of shares outstanding for MLN has been reduced compared to 1 year ago.
MLN has less shares outstanding than it did 5 years ago.
The debt/assets ratio for MLN is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.24 indicates that MLN is not a great score, but indicates only limited risk for bankruptcy at the moment.
MLN has a worse Altman-Z score (2.24) than 66.27% of its industry peers.
MLN has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as MLN would need 6.05 years to pay back of all of its debts.
MLN's Debt to FCF ratio of 6.05 is fine compared to the rest of the industry. MLN outperforms 73.49% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that MLN is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.32, MLN is doing good in the industry, outperforming 74.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.24 |
ROIC/WACC1.3
WACC6.3%
2.3 Liquidity
A Current Ratio of 1.80 indicates that MLN should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.80, MLN is in the better half of the industry, outperforming 65.06% 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 Quick ratio of 1.12. This is in the better half of the industry: MLN outperforms 63.86% of 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 MLN 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.
MLN shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
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
MLN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.63% yearly.
Based on estimates for the next years, MLN will show a small growth in Revenue. The Revenue will grow by 2.47% on average per year.
EPS Next Y21.13%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
EPS Next 5YN/A
Revenue Next Year-2%
Revenue Next 2Y0.2%
Revenue Next 3Y1.31%
Revenue Next 5Y2.47%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 6.94 indicates a rather cheap valuation of MLN.
Compared to the rest of the industry, the Price/Earnings ratio of MLN indicates a rather cheap valuation: MLN is cheaper than 92.77% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.19, MLN is valued rather cheaply.
MLN is valuated cheaply with a Price/Forward Earnings ratio of 4.15.
MLN's Price/Forward Earnings ratio is rather cheap when compared to the industry. MLN is cheaper than 95.18% of the companies in the same industry.
MLN is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.50, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.94 | ||
| Fwd PE | 4.15 |
4.2 Price Multiples
93.98% of the companies in the same industry are more expensive than MLN, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, MLN is valued cheaply inside the industry as 84.34% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.66 | ||
| EV/EBITDA | 2.96 |
4.3 Compensation for Growth
MLN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of MLN may justify a higher PE ratio.
A more expensive valuation may be justified as MLN's earnings are expected to grow with 15.63% in the coming years.
PEG (NY)0.33
PEG (5Y)4.23
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.99%, MLN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.39, MLN has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, MLN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.99% |
5.2 History
The dividend of MLN is nicely growing with an annual growth rate of 7.84%!
MLN has paid a dividend for at least 10 years, which is 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 2Y18.35%
EPS Next 3Y15.63%
NYSEARCA:MLN (10/30/2025, 8:04:00 PM)
17.7
0 (0%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change1.29%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap12.49B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts80
Price Target21.24 (20%)
Short Float %0.02%
Short Ratio0.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.99% |
Yearly Dividend1.57
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)1.48%
PT rev (3m)8.85%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-10.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-2.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.94 | ||
| Fwd PE | 4.15 | ||
| P/S | 0.4 | ||
| P/FCF | 8.66 | ||
| P/OCF | 3.17 | ||
| P/B | 0.61 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 2.96 |
EPS(TTM)2.55
EY14.41%
EPS(NY)4.27
Fwd EY24.12%
FCF(TTM)2.04
FCFY11.55%
OCF(TTM)5.58
OCFY31.51%
SpS44.09
BVpS29.22
TBVpS21.51
PEG (NY)0.33
PEG (5Y)4.23
Graham Number40.95
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 | 2.24 |
F-Score5
WACC6.3%
ROIC/WACC1.3
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 Y21.13%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-2%
Revenue Next 2Y0.2%
Revenue Next 3Y1.31%
Revenue Next 5Y2.47%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year59.12%
EBIT Next 3Y22.78%
EBIT Next 5Y17.41%
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 17.7 USD.
What is the ChartMill rating of VANECK LONG MUNI ETF stock?
MLN has a ChartMill Technical rating of 7 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.