VANECK SHORT MUNI ETF (SMB) Stock Overview
USA - NYSEARCA:SMB - US92189F5281 - ETF
17.34 USD
-0.02 (-0.14%)
We assign a fundamental rating of 6 out of 10 to SMB. SMB was compared to 83 industry peers in the Automobile Components industry. While SMB has a great profitability rating, there are some minor concerns on its financial health. SMB may be a bit undervalued, certainly considering the very reasonable score on growth Finally 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.
In the past year SMB had a positive cash flow from operations.
Each year in the past 5 years SMB has been profitable.
Each year in the past 5 years SMB had a positive operating cash flow.
1.2 Ratios
SMB has a better Return On Assets (4.39%) than 84.34% of its industry peers.
SMB has a Return On Equity of 8.81%. This is amongst the best in the industry. SMB outperforms 83.13% of its industry peers.
SMB has a better Return On Invested Capital (8.17%) than 81.93% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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
The Profit Margin of SMB (5.84%) is better than 87.95% of its industry peers.
In the last couple of years the Profit Margin of SMB has remained more or less at the same level.
With an excellent Operating Margin value of 10.65%, SMB belongs to the best of the industry, outperforming 89.16% of the companies in the same industry.
SMB's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 27.60%, SMB belongs to the best of the industry, outperforming 80.72% of the companies in the same industry.
SMB'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
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.
SMB has a worse debt/assets ratio than last year.
2.2 Solvency
SMB has an Altman-Z score of 2.23. This is not the best score and indicates that SMB is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of SMB (2.23) is worse than 67.47% of its industry peers.
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.
SMB's Debt to FCF ratio of 6.05 is fine compared to the rest of the industry. SMB outperforms 74.70% of its industry peers.
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 75.90% 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 has a better Current ratio (1.80) than 66.27% 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's Quick ratio of 1.12 is fine compared to the rest of the industry. SMB outperforms 65.06% 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.
SMB 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
The Earnings Per Share is expected to grow by 15.63% 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 2.47% yearly.
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 6.83, the valuation of SMB can be described as very cheap.
SMB's Price/Earnings ratio is rather cheap when compared to the industry. SMB is cheaper than 93.98% of the companies in the same industry.
SMB is valuated cheaply when we compare the Price/Earnings ratio to 27.67, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 4.08 indicates a rather cheap valuation of SMB.
96.39% of the companies in the same industry are more expensive than SMB, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.33, SMB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.83 | ||
| Fwd PE | 4.08 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SMB indicates a rather cheap valuation: SMB is cheaper than 95.18% of the companies listed in the same industry.
85.54% 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 | 8.52 | ||
| EV/EBITDA | 2.93 |
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.
SMB has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as SMB's earnings are expected to grow with 15.63% in the coming years.
PEG (NY)0.32
PEG (5Y)4.16
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
SMB has a Yearly Dividend Yield of 5.09%, which is a nice return.
SMB's Dividend Yield is comparable with the industry average which is at 4.48.
SMB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
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
SMB pays out 62.40% of its income as dividend. This is not a sustainable payout ratio.
The dividend of SMB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.4%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
NYSEARCA:SMB (10/23/2025, 8:04:00 PM)
17.34
-0.02 (-0.14%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change0.22%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap12.24B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts80
Price Target21.23 (22.43%)
Short Float %0%
Short Ratio0.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
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)1.25%
PT rev (3m)5.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.32%
EPS NY rev (3m)-10.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-2.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.83 | ||
| Fwd PE | 4.08 | ||
| P/S | 0.39 | ||
| P/FCF | 8.52 | ||
| P/OCF | 3.12 | ||
| P/B | 0.6 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 2.93 |
EPS(TTM)2.54
EY14.65%
EPS(NY)4.25
Fwd EY24.52%
FCF(TTM)2.04
FCFY11.74%
OCF(TTM)5.55
OCFY32.03%
SpS43.9
BVpS29.1
TBVpS21.42
PEG (NY)0.32
PEG (5Y)4.16
Graham Number40.78
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%
ROICexgc growth 3Y-1.65%
ROICexgc 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 | 2.23 |
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 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%