17.56 USD
-0.04 (-0.23%)
Taking everything into account, MLN scores 6 out of 10 in our fundamental rating. MLN was compared to 82 industry peers in the Automobile Components industry. While MLN has a great profitability rating, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on MLN. MLN also has an excellent dividend rating. These ratings could make MLN a good candidate 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.
Each year in the past 5 years MLN has been profitable.
Each year in the past 5 years MLN had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.39%, MLN belongs to the top of the industry, outperforming 81.71% of the companies in the same industry.
With an excellent Return On Equity value of 8.81%, MLN belongs to the best of the industry, outperforming 82.93% of the companies in the same industry.
MLN has a better Return On Invested Capital (8.17%) than 80.49% of its industry peers.
MLN had an Average Return On Invested Capital over the past 3 years of 9.25%. This 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
MLN's Profit Margin of 5.84% is amongst the best of the industry. MLN outperforms 85.37% of its industry peers.
MLN's Profit Margin has been stable in the last couple of years.
MLN has a better Operating Margin (10.65%) than 86.59% of its industry peers.
MLN's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 27.60%, MLN is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
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
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
MLN has an Altman-Z score of 2.24. 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 has a worse Altman-Z score (2.24) than 64.63% 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.
Looking at the Debt to FCF ratio, with a value of 6.05, MLN is in the better half of the industry, outperforming 74.39% of the companies in the same industry.
MLN has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
MLN has a Debt to Equity ratio of 0.32. This is in the better half of the industry: MLN outperforms 73.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.24 |
ROIC/WACC1.31
WACC6.24%
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 64.63% 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 63.41% 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.
MLN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.64% yearly.
MLN shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
Measured over the past years, MLN 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
MLN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.26% yearly.
MLN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.85% yearly.
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
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
MLN is valuated cheaply with a Price/Earnings ratio of 6.91.
Based on the Price/Earnings ratio, MLN is valued cheaper than 91.46% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.31. MLN is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 4.88, the valuation of MLN can be described as very cheap.
MLN's Price/Forward Earnings ratio is rather cheap when compared to the industry. MLN is cheaper than 93.90% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.59. MLN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.91 | ||
| Fwd PE | 4.88 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MLN is valued cheaper than 92.68% of the companies in the same industry.
MLN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MLN is cheaper than 81.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.63 | ||
| EV/EBITDA | 2.96 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MLN does not grow enough to justify the current Price/Earnings ratio.
MLN has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)9.35
PEG (5Y)4.21
EPS Next 2Y8.86%
EPS Next 3Y11.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.88%, MLN is a good candidate for dividend investing.
MLN's Dividend Yield is a higher than the industry average which is at 4.49.
Compared to an average S&P500 Dividend Yield of 2.40, MLN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.88% |
5.2 History
On average, the dividend of MLN grows each year by 7.84%, which is quite nice.
MLN has been paying a dividend for at least 10 years, so it has 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
62.40% of the earnings are spent on dividend by MLN. This is not a sustainable payout ratio.
The dividend of MLN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.4%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
NYSEARCA:MLN (11/28/2025, 7:48:28 PM)
17.56
-0.04 (-0.23%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change-2.51%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap12.48B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target20 (13.9%)
Short Float %0.01%
Short Ratio0.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.88% |
Yearly Dividend1.56
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)-5.83%
PT rev (3m)3.25%
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 | 6.91 | ||
| Fwd PE | 4.88 | ||
| P/S | 0.4 | ||
| P/FCF | 8.63 | ||
| P/OCF | 3.16 | ||
| P/B | 0.6 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 2.96 |
EPS(TTM)2.54
EY14.46%
EPS(NY)3.6
Fwd EY20.49%
FCF(TTM)2.04
FCFY11.59%
OCF(TTM)5.55
OCFY31.63%
SpS43.9
BVpS29.1
TBVpS21.42
PEG (NY)9.35
PEG (5Y)4.21
Graham Number40.78
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
WACC6.24%
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 Y0.74%
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 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 17.56 USD. The price decreased by -0.23% in the last trading session.
What is the ChartMill rating of VANECK LONG MUNI ETF stock?
MLN has a ChartMill Technical rating of 5 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.