VANECK SHORT MUNI ETF (SMB) Stock Price, Forecast & Analysis
USA - NYSEARCA:SMB - US92189F5281 - ETF
17.33 USD
-0.01 (-0.06%)
Overall SMB gets a fundamental rating of 6 out of 10. We evaluated SMB against 82 industry peers in the Automobile Components industry. SMB has an excellent profitability rating, but there are some minor concerns on its financial health. SMB may be a bit undervalued, certainly considering the very reasonable score on growth 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
SMB had positive earnings in the past year.
SMB had a positive operating cash flow in the past year.
In the past 5 years SMB has always been profitable.
Each year in the past 5 years SMB had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 4.39%, SMB belongs to the best of the industry, outperforming 82.93% of the companies in the same industry.
With an excellent Return On Equity value of 8.81%, SMB belongs to the best of the industry, outperforming 84.15% of the companies in the same industry.
With an excellent Return On Invested Capital value of 8.17%, SMB belongs to the best of the industry, outperforming 81.71% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SMB is in line with the industry average of 8.55%.
| 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
Looking at the Profit Margin, with a value of 5.84%, SMB belongs to the top of the industry, outperforming 86.59% of the companies in the same industry.
SMB's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 10.65%, SMB belongs to the top of the industry, outperforming 87.80% of the companies in the same industry.
In the last couple of years the Operating Margin of SMB has remained more or less at the same level.
SMB's Gross Margin of 27.60% is fine compared to the rest of the industry. SMB outperforms 79.27% of its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SMB is creating some value.
SMB has less shares outstanding than it did 1 year ago.
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
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.
Looking at the Altman-Z score, with a value of 2.23, SMB is doing worse than 67.07% of the companies in the same industry.
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.
With a decent Debt to FCF ratio value of 6.05, SMB is doing good in the industry, outperforming 74.39% of the companies in the same industry.
A Debt/Equity ratio of 0.32 indicates that SMB is not too dependend on debt financing.
SMB has a better Debt to Equity ratio (0.32) than 74.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.23 |
ROIC/WACC1.3
WACC6.27%
2.3 Liquidity
A Current Ratio of 1.80 indicates that SMB should not have too much problems paying its short term obligations.
SMB has a Current ratio of 1.80. This is in the better half of the industry: SMB outperforms 65.85% of its industry peers.
SMB has a Quick Ratio of 1.12. 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 Quick ratio (1.12) than 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
SMB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
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.
Looking at the last year, SMB shows a decrease in Revenue. The Revenue has decreased by -3.62% in the last year.
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
Based on estimates for the next years, SMB will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.26% on average per year.
Based on estimates for the next years, SMB will show a small growth in Revenue. The Revenue will grow by 2.85% on average per year.
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.
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
Based on the Price/Earnings ratio of 6.82, the valuation of SMB can be described as very cheap.
Based on the Price/Earnings ratio, SMB is valued cheaper than 92.68% of the companies in the same industry.
When comparing the Price/Earnings ratio of SMB to the average of the S&P500 Index (25.51), we can say SMB is valued rather cheaply.
With a Price/Forward Earnings ratio of 4.82, 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 95.12% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.98, SMB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.82 | ||
| Fwd PE | 4.82 |
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 93.90% of the companies listed in the same industry.
SMB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SMB is cheaper than 81.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.51 | ||
| EV/EBITDA | 2.92 |
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)9.23
PEG (5Y)4.15
EPS Next 2Y8.86%
EPS Next 3Y11.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.77%, SMB is a good candidate for dividend investing.
SMB's Dividend Yield is comparable with the industry average which is at 4.20.
SMB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| 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 been paying a dividend for at least 10 years, so it has 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.
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 (11/19/2025, 10:11:55 AM)
17.33
-0.01 (-0.06%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change4.02%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap0
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target19.7 (13.68%)
Short Float %0%
Short Ratio0.2
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 | 6.82 | ||
| Fwd PE | 4.82 | ||
| P/S | 0.39 | ||
| P/FCF | 8.51 | ||
| P/OCF | 3.12 | ||
| P/B | 0.6 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 2.92 |
EPS(TTM)2.54
EY14.66%
EPS(NY)3.6
Fwd EY20.77%
FCF(TTM)2.04
FCFY11.75%
OCF(TTM)5.56
OCFY32.06%
SpS43.91
BVpS29.11
TBVpS21.42
PEG (NY)9.23
PEG (5Y)4.15
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)10.45%
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 17.33 USD. The price decreased by -0.06% in the last trading session.
How is the ChartMill rating for VANECK SHORT MUNI ETF?
SMB has a ChartMill Technical rating of 2 out of 10 and a ChartMill Fundamental rating of 6 out of 10.