VANECK SH HI YLD MUNI (SHYD) Stock Price, Quote, News and Overview
NYSEARCA:SHYD - NYSE Arca - US92189F3872 - ETF - Currency: USD
We assign a fundamental rating of 6 out of 10 to SHYD. SHYD was compared to 80 industry peers in the Automobile Components industry. SHYD has only an average score on both its financial health and profitability. SHYD is valued quite cheap, while showing a decent growth score. This is a good combination! Finally SHYD also has an excellent dividend rating. This makes SHYD very considerable 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.
Each year in the past 5 years SHYD has been profitable.
In the past 5 years SHYD always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.04%, SHYD is in the better half of the industry, outperforming 72.84% of the companies in the same industry.
The Return On Equity of SHYD (10.12%) is better than 71.60% 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 71.60% 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 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
With a decent Profit Margin value of 6.93%, SHYD is doing good in the industry, outperforming 75.31% of the companies in the same industry.
SHYD's Profit Margin has been stable in the last couple of years.
The Operating Margin of SHYD (11.72%) is better than 77.78% of its industry peers.
In the last couple of years the Operating Margin of SHYD has remained more or less at the same level.
SHYD's Gross Margin of 28.49% is fine compared to the rest of the industry. SHYD outperforms 70.37% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SHYD is still creating some value.
The number of shares outstanding for SHYD has been reduced compared to 1 year ago.
SHYD has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, SHYD has a worse debt to assets ratio.
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.
With a Altman-Z score value of 2.26, SHYD perfoms like the industry average, outperforming 41.98% of the companies in the same industry.
The Debt to FCF ratio of SHYD is 3.42, which is a good value as it means it would take SHYD, 3.42 years of fcf income to pay off all of its debts.
SHYD's Debt to FCF ratio of 3.42 is fine compared to the rest of the industry. SHYD outperforms 74.07% of its industry peers.
SHYD has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of SHYD (0.31) is better than 67.90% 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
SHYD has a Current Ratio of 1.76. 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 1.76, SHYD is in line with its industry, outperforming 53.09% of the companies in the same industry.
A Quick Ratio of 1.11 indicates that SHYD should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.11, SHYD perfoms like the industry average, outperforming 53.09% of the companies in the same 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.
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.
Looking at the last year, SHYD shows a decrease in Revenue. The Revenue has decreased by -4.06% in the last year.
SHYD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.41% yearly.
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.
SHYD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.24% yearly.
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
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SHYD is valuated cheaply with a Price/Earnings ratio of 7.33.
Compared to the rest of the industry, the Price/Earnings ratio of SHYD indicates a rather cheap valuation: SHYD is cheaper than 83.95% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.45. SHYD is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 5.41, the valuation of SHYD can be described as very cheap.
85.19% of the companies in the same industry are more expensive than SHYD, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.89. SHYD is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.33 | ||
| Fwd PE | 5.41 |
4.2 Price Multiples
83.95% of the companies in the same industry are more expensive than SHYD, based on the Enterprise Value to EBITDA ratio.
SHYD's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SHYD is cheaper than 80.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.28 | ||
| EV/EBITDA | 3.07 |
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.
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)4.46
EPS Next 2Y23.07%
EPS Next 3Y17.51%
5. Dividend
5.1 Amount
SHYD has a Yearly Dividend Yield of 4.35%, which is a nice return.
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
The dividend of SHYD is nicely growing with an annual growth rate of 7.84%!
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
51.01% of the earnings are spent on dividend by SHYD. This is a bit on the high side, but may be sustainable.
The dividend of SHYD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP51.01%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
NYSEARCA:SHYD (7/3/2025, 8:09:08 PM)
22.57
-0.01 (-0.04%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners39.91%
Inst Owner Change-62.21%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap15.93B
Analysts80
Price Target25.31 (12.14%)
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 | 7.33 | ||
| Fwd PE | 5.41 | ||
| P/S | 0.5 | ||
| P/FCF | 6.28 | ||
| P/OCF | 3.12 | ||
| P/B | 0.73 | ||
| P/tB | 0.99 | ||
| EV/EBITDA | 3.07 |
EPS(TTM)3.08
EY13.65%
EPS(NY)4.17
Fwd EY18.49%
FCF(TTM)3.59
FCFY15.91%
OCF(TTM)7.23
OCFY32.03%
SpS45.34
BVpS31.05
TBVpS22.8
PEG (NY)0.21
PEG (5Y)4.46
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%