VANECK SHORT MUNI ETF (SMB) Stock Price, Forecast & Analysis
USA - NYSEARCA:SMB - US92189F5281 - ETF
17.35 USD
+0.02 (+0.12%)
SMB gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals 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
In the past year SMB was profitable.
SMB had a positive operating cash flow in the past year.
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 Return On Assets of 4.39%. This is amongst the best in the industry. SMB outperforms 82.93% of its industry peers.
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.
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.
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.
With an excellent Operating Margin value of 10.65%, SMB belongs to the best 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.
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 number of shares outstanding for SMB has been reduced compared to 1 year ago.
Compared to 5 years ago, SMB has less shares outstanding
SMB has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.24 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 2.24, 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 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.
With a decent Debt to Equity ratio value of 0.32, SMB is doing good in the industry, outperforming 74.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.24 |
ROIC/WACCN/A
WACCN/A
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 better Current ratio (1.80) than 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's Quick ratio of 1.12 is fine compared to the rest of the industry. SMB outperforms 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.
The Revenue has decreased by -3.62% in the past year.
SMB 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
SMB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.26% yearly.
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
A Price/Earnings ratio of 6.88 indicates a rather cheap valuation of SMB.
Based on the Price/Earnings ratio, SMB is valued cheaper than 92.68% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.07. SMB is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 4.85, which indicates a rather cheap valuation of SMB.
Based on the Price/Forward Earnings ratio, SMB is valued cheaply inside the industry as 95.12% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 34.08. SMB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.88 | ||
| Fwd PE | 4.85 |
4.2 Price Multiples
SMB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SMB is cheaper than 93.90% of the companies in the same industry.
SMB's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SMB is cheaper than 79.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.71 | ||
| EV/EBITDA | 2.97 |
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.
SMB has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)9.31
PEG (5Y)4.19
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 4.20.
Compared to an average S&P500 Dividend Yield of 2.44, 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
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 (11/21/2025, 12:19:13 PM)
17.35
+0.02 (+0.12%)
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 (13.54%)
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 | 6.88 | ||
| Fwd PE | 4.85 | ||
| P/S | 0.4 | ||
| P/FCF | 8.71 | ||
| P/OCF | 3.19 | ||
| P/B | 0.61 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | 2.97 |
EPS(TTM)2.52
EY14.52%
EPS(NY)3.58
Fwd EY20.61%
FCF(TTM)1.99
FCFY11.48%
OCF(TTM)5.43
OCFY31.31%
SpS42.94
BVpS28.46
TBVpS20.95
PEG (NY)9.31
PEG (5Y)4.19
Graham Number40.17
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 | 2.24 |
F-Score5
WACCN/A
ROIC/WACCN/A
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 17.35 USD. The price increased by 0.12% 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.