VANECK LONG MUNI ETF (MLN) Stock Price, Quote, News and Overview
NYSEARCA:MLN - NYSE Arca - US92189F5364 - ETF - Currency: USD
We assign a fundamental rating of 7 out of 10 to MLN. MLN was compared to 81 industry peers in the Automobile Components industry. MLN scores excellent on profitability, but there are some minor concerns on its financial health. MLN may be a bit undervalued, certainly considering the very reasonable score on growth MLN also has an excellent dividend rating. With these ratings, MLN could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
MLN had positive earnings in the past year.
In the past year MLN had a positive cash flow from operations.
MLN had positive earnings in each of the past 5 years.
MLN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MLN has a better Return On Assets (5.04%) than 82.72% of its industry peers.
MLN has a Return On Equity of 10.12%. This is amongst the best in the industry. MLN outperforms 81.48% of its industry peers.
MLN's Return On Invested Capital of 8.73% is amongst the best of the industry. MLN outperforms 81.48% 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 9.05%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 10.12% | ||
| ROIC | 8.73% |
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 6.93%, MLN belongs to the best of the industry, outperforming 85.19% of the companies in the same industry.
MLN's Profit Margin has been stable in the last couple of years.
The Operating Margin of MLN (11.72%) is better than 87.65% of its industry peers.
In the last couple of years the Operating Margin of MLN has remained more or less at the same level.
With an excellent Gross Margin value of 28.49%, MLN belongs to the best of the industry, outperforming 80.25% of the companies in the same industry.
MLN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.72% | ||
| PM (TTM) | 6.93% | ||
| GM | 28.49% |
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.
Compared to 5 years ago, MLN has less shares outstanding
The debt/assets ratio for MLN is higher compared to a year ago.
2.2 Solvency
MLN has an Altman-Z score of 2.15. 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.
Looking at the Altman-Z score, with a value of 2.15, MLN is doing worse than 67.90% of the companies in the same industry.
The Debt to FCF ratio of MLN is 3.42, which is a good value as it means it would take MLN, 3.42 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 3.42, MLN belongs to the best of the industry, outperforming 83.95% of the companies in the same industry.
MLN has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.31, MLN is doing good in the industry, outperforming 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 3.42 | ||
| Altman-Z | 2.15 |
ROIC/WACC1.44
WACC6.08%
2.3 Liquidity
MLN has a Current Ratio of 1.76. This is a normal value and indicates that MLN is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of MLN (1.76) is better than 62.96% of its industry peers.
A Quick Ratio of 1.11 indicates that MLN should not have too much problems paying its short term obligations.
MLN has a Quick ratio of 1.11. This is in the better half of the industry: MLN outperforms 62.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
The earnings per share for MLN have decreased by -5.42% in the last year.
Measured over the past 5 years, MLN shows a small growth in Earnings Per Share. The EPS has been growing by 1.64% on average per year.
Looking at the last year, MLN shows a decrease in Revenue. The Revenue has decreased by -4.06% in the last year.
The Revenue has been growing slightly by 2.41% on average over the past years.
EPS 1Y (TTM)-5.42%
EPS 3Y0.78%
EPS 5Y1.64%
EPS Q2Q%-5.56%
Revenue 1Y (TTM)-4.06%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.87%
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 17.51% yearly.
The Revenue is expected to grow by 3.24% on average over the next years.
EPS Next Y35.36%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
EPS Next 5YN/A
Revenue Next Year0.83%
Revenue Next 2Y2%
Revenue Next 3Y2.43%
Revenue Next 5Y3.24%
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 5.45.
Compared to the rest of the industry, the Price/Earnings ratio of MLN indicates a rather cheap valuation: MLN is cheaper than 93.83% of the companies listed in the same industry.
MLN is valuated cheaply when we compare the Price/Earnings ratio to 27.28, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 4.02, which indicates a rather cheap valuation of MLN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MLN indicates a rather cheap valuation: MLN is cheaper than 95.06% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.76. MLN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.45 | ||
| Fwd PE | 4.02 |
4.2 Price Multiples
MLN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MLN is cheaper than 93.83% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MLN is valued cheaper than 92.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.67 | ||
| EV/EBITDA | 2.4 |
4.3 Compensation for Growth
The 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 17.51% in the coming years.
PEG (NY)0.15
PEG (5Y)3.32
EPS Next 2Y23.07%
EPS Next 3Y17.51%
5. Dividend
5.1 Amount
MLN has a Yearly Dividend Yield of 4.46%, which is a nice return.
Compared to an average industry Dividend Yield of 4.43, MLN has a dividend in line with its industry peers.
MLN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
5.2 History
On average, the dividend of MLN grows each year by 7.84%, which is quite nice.
MLN has paid a dividend for at least 10 years, which is a reliable track record.
MLN has decreased its dividend recently.
Dividend Growth(5Y)7.84%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
51.01% of the earnings are spent on dividend by MLN. This is a bit on the high side, but may be sustainable.
The dividend of MLN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP51.01%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
NYSEARCA:MLN (7/2/2025, 8:04:00 PM)
16.85
+0.01 (+0.06%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners39.91%
Inst Owner Change10.28%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap11.89B
Analysts80
Price Target19.02 (12.88%)
Short Float %0.01%
Short Ratio0.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
Yearly Dividend1.58
Dividend Growth(5Y)7.84%
DP51.01%
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)-1.69%
PT rev (3m)-3.47%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.7%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.45 | ||
| Fwd PE | 4.02 | ||
| P/S | 0.37 | ||
| P/FCF | 4.67 | ||
| P/OCF | 2.32 | ||
| P/B | 0.54 | ||
| P/tB | 0.74 | ||
| EV/EBITDA | 2.4 |
EPS(TTM)3.09
EY18.34%
EPS(NY)4.19
Fwd EY24.86%
FCF(TTM)3.6
FCFY21.39%
OCF(TTM)7.26
OCFY43.06%
SpS45.5
BVpS31.17
TBVpS22.89
PEG (NY)0.15
PEG (5Y)3.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 10.12% | ||
| ROCE | 11.13% | ||
| ROIC | 8.73% | ||
| ROICexc | 10.35% | ||
| ROICexgc | 13.02% | ||
| OM | 11.72% | ||
| PM (TTM) | 6.93% | ||
| GM | 28.49% | ||
| FCFM | 7.92% |
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 Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 3.42 | ||
| Debt/EBITDA | 1.12 | ||
| Cap/Depr | 110.04% | ||
| Cap/Sales | 8.02% | ||
| Interest Coverage | 12.7 | ||
| Cash Conversion | 83.87% | ||
| Profit Quality | 114.33% | ||
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 2.15 |
F-Score5
WACC6.08%
ROIC/WACC1.44
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)-5.42%
EPS 3Y0.78%
EPS 5Y1.64%
EPS Q2Q%-5.56%
EPS Next Y35.36%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.06%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.87%
Revenue Next Year0.83%
Revenue Next 2Y2%
Revenue Next 3Y2.43%
Revenue Next 5Y3.24%
EBIT growth 1Y-7.52%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year66.93%
EBIT Next 3Y23.28%
EBIT Next 5Y17.83%
FCF growth 1Y-29.4%
FCF growth 3Y21.5%
FCF growth 5Y7.22%
OCF growth 1Y-17.99%
OCF growth 3Y14.27%
OCF growth 5Y5.48%