VANECK SH HI YLD MUNI (SHYD) Stock Price, Forecast & Analysis
USA - NYSEARCA:SHYD - US92189F3872 - ETF
22.78 USD
0 (0%)
Taking everything into account, SHYD scores 6 out of 10 in our fundamental rating. SHYD was compared to 82 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 could make SHYD a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
SHYD had positive earnings in the past year.
In the past year SHYD had a positive cash flow from operations.
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 74.39% of its industry peers.
SHYD has a Return On Equity of 8.81%. This is in the better half of the industry: SHYD outperforms 75.61% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.17%, SHYD is in the better half of the industry, outperforming 71.95% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SHYD is in line with the industry average of 8.52%.
| 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 has a Profit Margin of 5.84%. This is in the better half of the industry: SHYD outperforms 78.05% of its industry peers.
In the last couple of years the Profit Margin of SHYD has remained more or less at the same level.
SHYD has a Operating Margin of 10.65%. This is in the better half of the industry: SHYD outperforms 79.27% of its industry peers.
SHYD's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 27.60%, SHYD is in the better half of the industry, outperforming 70.73% of the companies in the same industry.
SHYD's Gross Margin has been stable in the last couple of years.
| 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
SHYD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
SHYD has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, SHYD has less shares outstanding
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.
The Debt to FCF ratio of SHYD (6.05) is better than 65.85% of its industry peers.
SHYD has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.32, SHYD is doing good in the industry, outperforming 65.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.34 |
ROIC/WACC1.24
WACC6.59%
2.3 Liquidity
A Current Ratio of 1.80 indicates that SHYD should not have too much problems paying its short term obligations.
SHYD has a Current ratio (1.80) which is in line with its industry peers.
A Quick Ratio of 1.12 indicates that SHYD should not have too much problems paying 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.
The Earnings Per Share has been growing slightly by 1.64% on average over the past years.
The Revenue has decreased by -3.62% in the past 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)-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 15.63% yearly.
Based on estimates for the next years, SHYD will show a small growth in Revenue. The Revenue will grow by 2.47% on average per year.
EPS Next Y21.13%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
EPS Next 5YN/A
Revenue Next Year-2%
Revenue Next 2Y0.2%
Revenue Next 3Y1.31%
Revenue Next 5Y2.47%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.00, the valuation of SHYD can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of SHYD indicates a rather cheap valuation: SHYD is cheaper than 82.93% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of SHYD to the average of the S&P500 Index (25.83), we can say SHYD is valued rather cheaply.
SHYD is valuated cheaply with a Price/Forward Earnings ratio of 5.38.
86.59% of the companies in the same industry are more expensive than SHYD, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of SHYD to the average of the S&P500 Index (32.68), we can say SHYD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9 | ||
| Fwd PE | 5.38 |
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 85.37% of the companies listed in the same industry.
SHYD's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SHYD is cheaper than 71.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.24 | ||
| EV/EBITDA | 3.62 |
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 15.63% in the coming years.
PEG (NY)0.43
PEG (5Y)5.48
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.91%, SHYD is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.31, SHYD pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, SHYD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.91% |
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 62.40% of its income as dividend. This is not a sustainable payout ratio.
SHYD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
NYSEARCA:SHYD (11/7/2025, 8:17:37 PM)
22.78
0 (0%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change-2.77%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap16.08B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts80
Price Target26.16 (14.84%)
Short Float %0.01%
Short Ratio0.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.91% |
Yearly Dividend1.56
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)-5.33%
PT rev (3m)-0.61%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-10.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9 | ||
| Fwd PE | 5.38 | ||
| P/S | 0.52 | ||
| P/FCF | 11.24 | ||
| P/OCF | 4.12 | ||
| P/B | 0.79 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | 3.62 |
EPS(TTM)2.53
EY11.11%
EPS(NY)4.23
Fwd EY18.58%
FCF(TTM)2.03
FCFY8.9%
OCF(TTM)5.53
OCFY24.27%
SpS43.7
BVpS28.96
TBVpS21.32
PEG (NY)0.43
PEG (5Y)5.48
Graham Number40.6
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 | 2.34 |
F-Score5
WACC6.59%
ROIC/WACC1.24
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 Y21.13%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-2%
Revenue Next 2Y0.2%
Revenue Next 3Y1.31%
Revenue Next 5Y2.47%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year59.12%
EBIT Next 3Y22.78%
EBIT Next 5Y17.41%
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 SH HI YLD MUNI / SHYD FAQ
What does VANECK SH HI YLD MUNI 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 SHYD stock?
The current stock price of SHYD is 22.78 USD.
What is the ChartMill rating of VANECK SH HI YLD MUNI stock?
SHYD has a ChartMill Technical rating of 5 out of 10 and a ChartMill Fundamental rating of 6 out of 10.
Should I buy SHYD stock?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on SHYD.