VANECK SH HI YLD MUNI (SHYD) Stock Overview
USA - NYSEARCA:SHYD - US92189F3872 - ETF
22.93 USD
-0.08 (-0.35%)
Overall SHYD gets a fundamental rating of 6 out of 10. We evaluated SHYD against 80 industry peers in the Automobile Components industry. SHYD has an average financial health and profitability rating. A decent growth rate in combination with a cheap valuation! Better keep an eye on SHYD. SHYD also has an excellent dividend rating. These ratings would make SHYD suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year SHYD was profitable.
SHYD had a positive operating cash flow in the past year.
In the past 5 years SHYD has always been profitable.
Each year in the past 5 years SHYD had a positive operating cash flow.
1.2 Ratios
The Return On Assets of SHYD (4.39%) is better than 75.00% of its industry peers.
SHYD has a Return On Equity of 8.81%. This is in the better half of the industry: SHYD outperforms 72.50% of its industry peers.
The Return On Invested Capital of SHYD (8.17%) is better than 71.25% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SHYD is in line with the industry average of 8.51%.
| 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
SHYD's Profit Margin of 5.84% is fine compared to the rest of the industry. SHYD outperforms 77.50% of its industry peers.
SHYD's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 10.65%, SHYD is in the better half of the industry, outperforming 78.75% of the companies in the same industry.
SHYD's Operating Margin has been stable in the last couple of years.
SHYD has a Gross Margin of 27.60%. This is in the better half of the industry: SHYD outperforms 71.25% of its industry peers.
In the last couple of years the Gross Margin of SHYD 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 SHYD is still creating some value.
Compared to 1 year ago, SHYD has less shares outstanding
The number of shares outstanding for SHYD has been reduced compared to 5 years ago.
The debt/assets ratio for SHYD is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.34 indicates that SHYD is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of SHYD (2.34) is comparable to the rest of the industry.
SHYD has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as SHYD would need 6.05 years to pay back of all of its debts.
SHYD has a better Debt to FCF ratio (6.05) than 63.75% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that SHYD is not too dependend on debt financing.
SHYD's Debt to Equity ratio of 0.32 is fine compared to the rest of the industry. SHYD outperforms 66.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.34 |
ROIC/WACC1.27
WACC6.41%
2.3 Liquidity
SHYD has a Current Ratio of 1.80. This is a normal value and indicates that SHYD is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.80, SHYD is in line with its industry, outperforming 55.00% of the companies in the same industry.
SHYD has a Quick Ratio of 1.12. This is a normal value and indicates that SHYD is financially healthy and should not expect problems in meeting its short term obligations.
SHYD has a Quick ratio (1.12) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The earnings per share for SHYD have decreased strongly by -18.28% in the last year.
Measured over the past 5 years, SHYD shows a small growth in Earnings Per Share. The EPS has been growing by 1.64% on average per year.
SHYD shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
The Revenue has been growing slightly by 2.41% on average over the past years.
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
SHYD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.31% yearly.
SHYD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.56% yearly.
EPS Next Y22.75%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
EPS Next 5YN/A
Revenue Next Year-1.8%
Revenue Next 2Y0.24%
Revenue Next 3Y1.32%
Revenue Next 5Y2.56%
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
SHYD is valuated reasonably with a Price/Earnings ratio of 8.85.
Based on the Price/Earnings ratio, SHYD is valued cheaper than 83.75% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.41. SHYD is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 5.18, which indicates a rather cheap valuation of SHYD.
Based on the Price/Forward Earnings ratio, SHYD is valued cheaply inside the industry as 85.00% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of SHYD to the average of the S&P500 Index (22.88), we can say SHYD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.85 | ||
| Fwd PE | 5.18 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SHYD indicates a rather cheap valuation: SHYD is cheaper than 85.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, SHYD is valued a bit cheaper than 72.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.03 | ||
| EV/EBITDA | 3.58 |
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 decent profitability rating of SHYD may justify a higher PE ratio.
SHYD's earnings are expected to grow with 16.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.39
PEG (5Y)5.39
EPS Next 2Y19.47%
EPS Next 3Y16.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.38%, SHYD is a good candidate for dividend investing.
SHYD's Dividend Yield is a higher than the industry average which is at 3.89.
Compared to an average S&P500 Dividend Yield of 2.38, SHYD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.38% |
5.2 History
The dividend of SHYD is nicely growing with an annual growth rate of 7.84%!
SHYD 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
SHYD pays out 62.40% of its income as dividend. This is not a sustainable payout ratio.
The dividend of SHYD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.4%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
NYSEARCA:SHYD (9/18/2025, 4:15:00 PM)
22.93
-0.08 (-0.35%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners39.91%
Inst Owner Change-1.91%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap16.18B
Analysts80.87
Price Target27.63 (20.5%)
Short Float %0.02%
Short Ratio1.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.38% |
Yearly Dividend1.59
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)-0.52%
PT rev (3m)9.17%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-9.31%
EPS NY rev (3m)-9.31%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)-2.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.85 | ||
| Fwd PE | 5.18 | ||
| P/S | 0.51 | ||
| P/FCF | 11.03 | ||
| P/OCF | 4.04 | ||
| P/B | 0.77 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 3.58 |
EPS(TTM)2.59
EY11.3%
EPS(NY)4.43
Fwd EY19.3%
FCF(TTM)2.08
FCFY9.07%
OCF(TTM)5.67
OCFY24.75%
SpS44.85
BVpS29.73
TBVpS21.88
PEG (NY)0.39
PEG (5Y)5.39
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)10.37%
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 Turnover0.75
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 | 2.34 |
F-Score5
WACC6.41%
ROIC/WACC1.27
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 Y22.75%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-1.8%
Revenue Next 2Y0.24%
Revenue Next 3Y1.32%
Revenue Next 5Y2.56%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year66.93%
EBIT Next 3Y23.28%
EBIT Next 5Y17.51%
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%