VANECK PREF SEC X-FINANCIALS (PFXF) Stock Price, Forecast & Analysis
USA - NYSEARCA:PFXF - US92189F4292 - ETF
17.07 USD
-0.17 (-0.99%)
17.03 USD
-0.04 (-0.23%)
We assign a fundamental rating of 6 out of 10 to PFXF. PFXF was compared to 82 industry peers in the Automobile Components industry. PFXF scores excellent on profitability, but there are some minor concerns on its financial health. PFXF is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make PFXF a good candidate for value investing.
1. Profitability
1.1 Basic Checks
PFXF had positive earnings in the past year.
PFXF had a positive operating cash flow in the past year.
In the past 5 years PFXF has always been profitable.
PFXF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PFXF has a better Return On Assets (4.39%) than 84.15% of its industry peers.
PFXF's Return On Equity of 8.81% is amongst the best of the industry. PFXF outperforms 85.37% of its industry peers.
The Return On Invested Capital of PFXF (8.17%) is better than 82.93% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PFXF is in line with the industry average of 8.55%.
| 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%, PFXF belongs to the best of the industry, outperforming 87.80% of the companies in the same industry.
PFXF's Profit Margin has been stable in the last couple of years.
With an excellent Operating Margin value of 10.65%, PFXF belongs to the best of the industry, outperforming 89.02% of the companies in the same industry.
PFXF's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 27.60%, PFXF belongs to the top of the industry, outperforming 80.49% of the companies in the same industry.
In the last couple of years the Gross Margin of PFXF 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
Compared to 1 year ago, PFXF has less shares outstanding
The number of shares outstanding for PFXF has been reduced compared to 5 years ago.
The debt/assets ratio for PFXF is higher compared to a year ago.
2.2 Solvency
PFXF has an Altman-Z score of 2.23. This is not the best score and indicates that PFXF is in the grey zone with still only limited risk for bankruptcy at the moment.
PFXF has a Altman-Z score of 2.23. This is in the lower half of the industry: PFXF underperforms 67.07% of its industry peers.
The Debt to FCF ratio of PFXF is 6.05, which is on the high side as it means it would take PFXF, 6.05 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PFXF (6.05) is better than 75.61% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that PFXF is not too dependend on debt financing.
PFXF's Debt to Equity ratio of 0.32 is fine compared to the rest of the industry. PFXF outperforms 75.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.23 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.80 indicates that PFXF should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.80, PFXF is in the better half of the industry, outperforming 67.07% of the companies in the same industry.
A Quick Ratio of 1.12 indicates that PFXF should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.12, PFXF is doing good in the industry, outperforming 64.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
PFXF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
Measured over the past 5 years, PFXF 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, PFXF shows a decrease in Revenue. The Revenue has decreased by -3.62% in the last year.
Measured over the past years, PFXF 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
Based on estimates for the next years, PFXF will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.26% on average per year.
PFXF 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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 6.77, the valuation of PFXF can be described as very cheap.
PFXF's Price/Earnings ratio is rather cheap when compared to the industry. PFXF is cheaper than 93.90% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.07. PFXF is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 4.77, the valuation of PFXF can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PFXF indicates a rather cheap valuation: PFXF is cheaper than 96.34% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of PFXF to the average of the S&P500 Index (34.08), we can say PFXF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.77 | ||
| Fwd PE | 4.77 |
4.2 Price Multiples
95.12% of the companies in the same industry are more expensive than PFXF, based on the Enterprise Value to EBITDA ratio.
PFXF's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PFXF is cheaper than 81.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.57 | ||
| EV/EBITDA | 2.94 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PFXF has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)9.16
PEG (5Y)4.12
EPS Next 2Y8.86%
EPS Next 3Y11.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.77%, PFXF is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.20, PFXF has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, PFXF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.77% |
5.2 History
On average, the dividend of PFXF grows each year by 7.84%, which is quite nice.
PFXF has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)7.84%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
62.40% of the earnings are spent on dividend by PFXF. This is not a sustainable payout ratio.
PFXF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
17.07
-0.17 (-0.99%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change-1.34%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap0
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target19.89 (16.52%)
Short Float %0.03%
Short Ratio0.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.77% |
Yearly Dividend1.58
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years0
Div Non Decr Years0
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)-8.8%
PT rev (3m)-7.24%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-16.83%
EPS NY rev (3m)-25.57%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.93%
Revenue NY rev (3m)-3.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.77 | ||
| Fwd PE | 4.77 | ||
| P/S | 0.4 | ||
| P/FCF | 8.57 | ||
| P/OCF | 3.14 | ||
| P/B | 0.6 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 2.94 |
EPS(TTM)2.52
EY14.76%
EPS(NY)3.58
Fwd EY20.94%
FCF(TTM)1.99
FCFY11.67%
OCF(TTM)5.43
OCFY31.83%
SpS42.94
BVpS28.46
TBVpS20.95
PEG (NY)9.16
PEG (5Y)4.12
Graham Number40.17
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
WACCN/A
ROIC/WACCN/A
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 PREF SEC X-FINANCIALS / PFXF FAQ
What does PFXF do?
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.
What is the current price of PFXF stock?
The current stock price of PFXF is 17.07 USD. The price decreased by -0.99% in the last trading session.
How is the ChartMill rating for VANECK PREF SEC X-FINANCIALS?
PFXF has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 6 out of 10.
Would investing in VANECK PREF SEC X-FINANCIALS be a good decision?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on PFXF.