VANECK SHORT MUNI ETF (SMB) Stock Price, Forecast & Analysis
USA - NYSEARCA:SMB - US92189F5281 - ETF
17.32 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to SMB. SMB was compared to 82 industry peers in the Automobile Components industry. SMB scores excellent on profitability, but there are some minor concerns on its financial health. SMB is valued quite cheap, while showing a decent growth score. This is a good combination! SMB also has an excellent dividend rating. These ratings could make SMB a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
In the past year SMB was profitable.
SMB had a positive operating cash flow in the past year.
SMB had positive earnings in each of the past 5 years.
In the past 5 years SMB always reported a positive cash flow from operatings.
1.2 Ratios
SMB's Return On Assets of 4.39% is amongst the best of the industry. SMB outperforms 84.15% of its industry peers.
The Return On Equity of SMB (8.81%) is better than 85.37% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.17%, SMB belongs to the top of the industry, outperforming 81.71% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SMB 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
SMB's Profit Margin of 5.84% is amongst the best of the industry. SMB outperforms 87.80% of its industry peers.
SMB's Profit Margin has been stable in the last couple of years.
SMB's Operating Margin of 10.65% is amongst the best of the industry. SMB outperforms 89.02% of its industry peers.
SMB's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 27.60%, SMB 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 SMB 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 SMB is still creating some value.
Compared to 1 year ago, SMB has less shares outstanding
The number of shares outstanding for SMB has been reduced compared to 5 years ago.
Compared to 1 year ago, SMB has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.23 indicates that SMB is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.23, SMB is not doing good in the industry: 65.85% of the companies in the same industry are doing better.
The Debt to FCF ratio of SMB is 6.05, which is on the high side as it means it would take SMB, 6.05 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.05, SMB is in the better half of the industry, outperforming 75.61% of the companies in the same industry.
A Debt/Equity ratio of 0.32 indicates that SMB is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.32, SMB is in the better half of the industry, outperforming 75.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.23 |
ROIC/WACC1.3
WACC6.27%
2.3 Liquidity
SMB has a Current Ratio of 1.80. This is a normal value and indicates that SMB is financially healthy and should not expect problems in meeting its short term obligations.
SMB's Current ratio of 1.80 is fine compared to the rest of the industry. SMB outperforms 67.07% of its industry peers.
A Quick Ratio of 1.12 indicates that SMB should not have too much problems paying its short term obligations.
SMB has a Quick ratio of 1.12. This is in the better half of the industry: SMB outperforms 64.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The earnings per share for SMB have decreased strongly by -18.28% in the last year.
Measured over the past 5 years, SMB shows a small growth in Earnings Per Share. The EPS has been growing by 1.64% on average per year.
The Revenue has decreased by -3.62% in the past year.
Measured over the past years, SMB 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
The Earnings Per Share is expected to grow by 11.26% on average over the next years. This is quite good.
SMB 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
SMB is valuated cheaply with a Price/Earnings ratio of 6.79.
Based on the Price/Earnings ratio, SMB is valued cheaply inside the industry as 93.90% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of SMB to the average of the S&P500 Index (25.89), we can say SMB is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 4.79, the valuation of SMB can be described as very cheap.
Based on the Price/Forward Earnings ratio, SMB is valued cheaply inside the industry as 96.34% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, SMB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.79 | ||
| Fwd PE | 4.79 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SMB is valued cheaper than 95.12% of the companies in the same industry.
85.37% of the companies in the same industry are more expensive than SMB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.46 | ||
| EV/EBITDA | 2.91 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SMB does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of SMB may justify a higher PE ratio.
PEG (NY)9.18
PEG (5Y)4.13
EPS Next 2Y8.86%
EPS Next 3Y11.26%
5. Dividend
5.1 Amount
SMB has a Yearly Dividend Yield of 4.77%, which is a nice return.
SMB's Dividend Yield is comparable with the industry average which is at 4.21.
Compared to an average S&P500 Dividend Yield of 2.42, SMB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.77% |
5.2 History
The dividend of SMB is nicely growing with an annual growth rate of 7.84%!
SMB has paid a dividend for at least 10 years, which is a reliable track record.
SMB has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)7.84%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
62.40% of the earnings are spent on dividend by SMB. This is not a sustainable payout ratio.
SMB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
NYSEARCA:SMB (11/14/2025, 8:26:54 PM)
17.32
0 (0%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change1.77%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap12.22B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target19.7 (13.74%)
Short Float %0%
Short Ratio0.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.77% |
Yearly Dividend1.58
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years3
Div Non Decr Years3
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)-7.22%
PT rev (3m)-7.16%
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 | 6.79 | ||
| Fwd PE | 4.79 | ||
| P/S | 0.39 | ||
| P/FCF | 8.46 | ||
| P/OCF | 3.1 | ||
| P/B | 0.59 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | 2.91 |
EPS(TTM)2.55
EY14.72%
EPS(NY)3.62
Fwd EY20.88%
FCF(TTM)2.05
FCFY11.82%
OCF(TTM)5.58
OCFY32.24%
SpS44.13
BVpS29.25
TBVpS21.53
PEG (NY)9.18
PEG (5Y)4.13
Graham Number40.97
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
WACC6.27%
ROIC/WACC1.3
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 SHORT MUNI ETF / SMB FAQ
What does SMB 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 SMB stock?
The current stock price of SMB is 17.32 USD.
How is the ChartMill rating for VANECK SHORT MUNI ETF?
SMB has a ChartMill Technical rating of 3 out of 10 and a ChartMill Fundamental rating of 6 out of 10.