VANECK SH HI YLD MUNI (SHYD) Stock Price, Quote, News and Overview
NYSEARCA:SHYD - NYSE Arca - US92189F3872 - ETF - Currency: USD
SHYD gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 80 industry peers in the Automobile Components industry. Both the profitability and the financial health of SHYD get a neutral evaluation. Nothing too spectacular is happening here. SHYD scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally SHYD also has an excellent dividend rating. These ratings could make SHYD a good candidate 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.
SHYD had positive earnings in each of the past 5 years.
In the past 5 years SHYD always reported a positive cash flow from operatings.
1.2 Ratios
SHYD's Return On Assets of 5.04% is fine compared to the rest of the industry. SHYD outperforms 72.50% of its industry peers.
The Return On Equity of SHYD (10.12%) is better than 71.25% of its industry peers.
SHYD has a Return On Invested Capital of 8.73%. This is in the better half of the industry: SHYD outperforms 71.25% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SHYD is in line with the industry average of 9.12%.
| 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
SHYD's Profit Margin of 6.93% is fine compared to the rest of the industry. SHYD outperforms 75.00% of its industry peers.
SHYD's Profit Margin has been stable in the last couple of years.
With a decent Operating Margin value of 11.72%, SHYD is doing good in the industry, outperforming 77.50% of the companies in the same industry.
SHYD's Operating Margin has been stable in the last couple of years.
SHYD has a better Gross Margin (28.49%) than 70.00% 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 | 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
SHYD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for SHYD has been reduced compared to 1 year ago.
The number of shares outstanding for SHYD has been reduced compared to 5 years ago.
SHYD has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.26 indicates that SHYD is not a great score, but indicates only limited risk for bankruptcy at the moment.
SHYD has a Altman-Z score of 2.26. This is comparable to the rest of the industry: SHYD outperforms 41.25% of its industry peers.
SHYD has a debt to FCF ratio of 3.42. This is a good value and a sign of high solvency as SHYD would need 3.42 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.42, SHYD is in the better half of the industry, outperforming 73.75% of the companies in the same industry.
A Debt/Equity ratio of 0.31 indicates that SHYD is not too dependend on debt financing.
SHYD has a Debt to Equity ratio of 0.31. This is in the better half of the industry: SHYD outperforms 67.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 3.42 | ||
| Altman-Z | 2.26 |
ROIC/WACC1.36
WACC6.4%
2.3 Liquidity
A Current Ratio of 1.76 indicates that SHYD should not have too much problems paying its short term obligations.
SHYD has a Current ratio (1.76) which is comparable to the rest of the industry.
SHYD has a Quick Ratio of 1.11. This is a normal value and indicates that SHYD is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of SHYD (1.11) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
The earnings per share for SHYD 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, SHYD 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
Based on estimates for the next years, SHYD will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.51% on average per year.
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
With a Price/Earnings ratio of 7.34, the valuation of SHYD can be described as very cheap.
83.75% of the companies in the same industry are more expensive than SHYD, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.29. SHYD is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 5.42, the valuation of SHYD can be described as very cheap.
Based on the Price/Forward Earnings ratio, SHYD is valued cheaply inside the industry as 83.75% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.74, SHYD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.34 | ||
| Fwd PE | 5.42 |
4.2 Price Multiples
SHYD's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SHYD is cheaper than 83.75% of the companies in the same industry.
SHYD's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SHYD is cheaper than 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.29 | ||
| EV/EBITDA | 3.08 |
4.3 Compensation for Growth
SHYD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SHYD has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as SHYD's earnings are expected to grow with 17.51% in the coming years.
PEG (NY)0.21
PEG (5Y)4.47
EPS Next 2Y23.07%
EPS Next 3Y17.51%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.35%, SHYD is a good candidate for dividend investing.
SHYD's Dividend Yield is a higher than the industry average which is at 4.30.
SHYD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.35% |
5.2 History
On average, the dividend of SHYD grows each year by 7.84%, which is quite nice.
SHYD 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
SHYD pays out 51.01% of its income as dividend. This is a bit on the high side, but may be sustainable.
SHYD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP51.01%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
NYSEARCA:SHYD (7/7/2025, 8:04:00 PM)
22.53
-0.04 (-0.18%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners39.91%
Inst Owner Change0%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap15.90B
Analysts80
Price Target25.31 (12.34%)
Short Float %0.01%
Short Ratio0.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.35% |
Yearly Dividend1.59
Dividend Growth(5Y)7.84%
DP51.01%
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)0.04%
PT rev (3m)-4.95%
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 | 7.34 | ||
| Fwd PE | 5.42 | ||
| P/S | 0.5 | ||
| P/FCF | 6.29 | ||
| P/OCF | 3.13 | ||
| P/B | 0.73 | ||
| P/tB | 0.99 | ||
| EV/EBITDA | 3.08 |
EPS(TTM)3.07
EY13.63%
EPS(NY)4.16
Fwd EY18.46%
FCF(TTM)3.58
FCFY15.89%
OCF(TTM)7.21
OCFY31.98%
SpS45.19
BVpS30.95
TBVpS22.73
PEG (NY)0.21
PEG (5Y)4.47
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 | 2.26 |
F-Score5
WACC6.4%
ROIC/WACC1.36
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%