VANECK MORNINGSTAR WIDE MOAT (MOAT) Stock Price, Quote, News and Overview
NYSEARCA:MOAT - NYSE Arca - US92189F6438 - ETF - Currency: USD
We assign a fundamental rating of 5 out of 10 to MOAT. MOAT was compared to 81 industry peers in the Automobile Components industry. MOAT has only an average score on both its financial health and profitability. MOAT is quite expensive at the moment. It does show a decent growth rate. MOAT also has an excellent dividend rating. These ratings would make MOAT suitable for dividend investing!
1. Profitability
1.1 Basic Checks
MOAT had positive earnings in the past year.
In the past year MOAT had a positive cash flow from operations.
MOAT had positive earnings in each of the past 5 years.
In the past 5 years MOAT always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of MOAT (5.04%) is comparable to the rest of the industry.
MOAT has a Return On Equity of 10.12%. This is comparable to the rest of the industry: MOAT outperforms 46.91% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.53%, MOAT is in line with its industry, outperforming 45.68% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MOAT is in line with the industry average of 8.88%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 10.12% | ||
| ROIC | 8.53% |
ROA(3y)5.45%
ROA(5y)4.73%
ROE(3y)10.95%
ROE(5y)10.02%
ROIC(3y)9.12%
ROIC(5y)8.42%
1.3 Margins
Looking at the Profit Margin, with a value of 6.93%, MOAT is in line with its industry, outperforming 53.09% of the companies in the same industry.
MOAT's Profit Margin has been stable in the last couple of years.
MOAT's Operating Margin of 11.72% is in line compared to the rest of the industry. MOAT outperforms 55.56% of its industry peers.
MOAT's Operating Margin has been stable in the last couple of years.
MOAT's Gross Margin of 28.49% is in line compared to the rest of the industry. MOAT outperforms 46.91% of its industry peers.
In the last couple of years the Gross Margin of MOAT has remained more or less at the same level.
| 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 MOAT is still creating some value.
The number of shares outstanding for MOAT has been reduced compared to 1 year ago.
MOAT has less shares outstanding than it did 5 years ago.
The debt/assets ratio for MOAT is higher compared to a year ago.
2.2 Solvency
MOAT has an Altman-Z score of 3.47. This indicates that MOAT is financially healthy and has little risk of bankruptcy at the moment.
MOAT's Altman-Z score of 3.47 is fine compared to the rest of the industry. MOAT outperforms 77.78% of its industry peers.
MOAT has a debt to FCF ratio of 3.74. This is a good value and a sign of high solvency as MOAT would need 3.74 years to pay back of all of its debts.
MOAT's Debt to FCF ratio of 3.74 is in line compared to the rest of the industry. MOAT outperforms 51.85% of its industry peers.
MOAT has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
MOAT has a Debt to Equity ratio (0.35) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.74 | ||
| Altman-Z | 3.47 |
ROIC/WACC1.15
WACC7.39%
2.3 Liquidity
A Current Ratio of 1.76 indicates that MOAT should not have too much problems paying its short term obligations.
With a Current ratio value of 1.76, MOAT is not doing good in the industry: 69.14% of the companies in the same industry are doing better.
A Quick Ratio of 1.11 indicates that MOAT should not have too much problems paying its short term obligations.
MOAT has a Quick ratio of 1.11. This is in the lower half of the industry: MOAT underperforms 67.90% 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 MOAT have decreased by -5.42% in the last year.
The Earnings Per Share has been growing slightly by 1.64% on average over the past years.
Looking at the last year, MOAT shows a decrease in Revenue. The Revenue has decreased by -4.06% in the last year.
Measured over the past years, MOAT shows a small growth in Revenue. The Revenue has been growing by 2.41% on average per year.
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
Based on estimates for the next years, MOAT will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.51% on average per year.
MOAT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.22% yearly.
EPS Next Y35.36%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
EPS Next 5YN/A
Revenue Next Year3.42%
Revenue Next 2Y3.38%
Revenue Next 3Y3.54%
Revenue Next 5Y3.22%
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
With a Price/Earnings ratio of 27.72, MOAT can be considered very expensive at the moment.
70.37% of the companies in the same industry are cheaper than MOAT, based on the Price/Earnings ratio.
MOAT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.64, which is the current average of the S&P500 Index.
MOAT is valuated rather expensively with a Price/Forward Earnings ratio of 20.47.
69.14% of the companies in the same industry are cheaper than MOAT, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.44. MOAT is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.72 | ||
| Fwd PE | 20.47 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MOAT indicates a slightly more expensive valuation: MOAT is more expensive than 71.60% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, MOAT is valued a bit more expensive than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.79 | ||
| EV/EBITDA | 10.36 |
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.
A more expensive valuation may be justified as MOAT's earnings are expected to grow with 17.51% in the coming years.
PEG (NY)0.78
PEG (5Y)16.87
EPS Next 2Y23.07%
EPS Next 3Y17.51%
5. Dividend
5.1 Amount
MOAT has a Yearly Dividend Yield of 4.57%, which is a nice return.
MOAT's Dividend Yield is rather good when compared to the industry average which is at 4.67. MOAT pays more dividend than 87.65% of the companies in the same industry.
MOAT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.52.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.57% |
5.2 History
The dividend of MOAT is nicely growing with an annual growth rate of 7.84%!
MOAT has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.84%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
MOAT pays out 51.01% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of MOAT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP51.01%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
82.87
+1.14 (+1.39%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners39.74%
Inst Owner Change-0.68%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap58.49B
Analysts78.4
Price Target104.19 (25.73%)
Short Float %0.02%
Short Ratio0.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.57% |
Yearly Dividend1.54
Dividend Growth(5Y)7.84%
DP51.01%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)0.75%
PT rev (3m)-5.67%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.1%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.72 | ||
| Fwd PE | 20.47 | ||
| P/S | 1.88 | ||
| P/FCF | 23.79 | ||
| P/OCF | 11.82 | ||
| P/B | 2.75 | ||
| P/tB | 3.75 | ||
| EV/EBITDA | 10.36 |
EPS(TTM)2.99
EY3.61%
EPS(NY)4.05
Fwd EY4.88%
FCF(TTM)3.48
FCFY4.2%
OCF(TTM)7.01
OCFY8.46%
SpS43.98
BVpS30.12
TBVpS22.12
PEG (NY)0.78
PEG (5Y)16.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 10.12% | ||
| ROCE | 11.13% | ||
| ROIC | 8.53% | ||
| ROICexc | 10.06% | ||
| ROICexgc | 12.57% | ||
| 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)9.12%
ROIC(5y)8.42%
ROICexc(3y)10.2%
ROICexc(5y)9.71%
ROICexgc(3y)12.52%
ROICexgc(5y)11.97%
ROCE(3y)11.87%
ROCE(5y)10.97%
ROICexcg growth 3Y-2.77%
ROICexcg growth 5Y-0.41%
ROICexc growth 3Y-3.05%
ROICexc growth 5Y-0.34%
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 | 0.35 | ||
| Debt/FCF | 3.74 | ||
| Debt/EBITDA | 1.25 | ||
| 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 | 3.47 |
F-Score5
WACC7.39%
ROIC/WACC1.15
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 Year3.42%
Revenue Next 2Y3.38%
Revenue Next 3Y3.54%
Revenue Next 5Y3.22%
EBIT growth 1Y-7.52%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year70.46%
EBIT Next 3Y24.51%
EBIT Next 5Y17.57%
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%