VANECK SHORT MUNI ETF (SMB) Stock Price, Quote, News and Overview
NYSEARCA:SMB - NYSE Arca - US92189F5281 - ETF - Currency: USD
Taking everything into account, SMB scores 6 out of 10 in our fundamental rating. SMB was compared to 83 industry peers in the Automobile Components industry. While SMB belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. SMB has a bad growth rate and is valued cheaply. 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.
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 5.28% is amongst the best of the industry. SMB outperforms 84.34% of its industry peers.
SMB has a Return On Equity of 10.77%. This is amongst the best in the industry. SMB outperforms 83.13% of its industry peers.
With an excellent Return On Invested Capital value of 9.29%, SMB belongs to the best of the industry, outperforming 83.13% 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 9.57%.
The 3 year average ROIC (9.16%) for SMB is below the current ROIC(9.29%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.28% | ||
| ROE | 10.77% | ||
| ROIC | 9.29% |
ROA(3y)5.54%
ROA(5y)4.82%
ROE(3y)11.67%
ROE(5y)10.63%
ROIC(3y)9.16%
ROIC(5y)8.51%
1.3 Margins
SMB's Profit Margin of 6.93% is amongst the best of the industry. SMB outperforms 87.95% of its industry peers.
In the last couple of years the Profit Margin of SMB has declined.
SMB's Operating Margin of 12.44% is amongst the best of the industry. SMB outperforms 90.36% of its industry peers.
In the last couple of years the Operating Margin of SMB has remained more or less at the same level.
SMB has a Gross Margin of 29.25%. This is amongst the best in the industry. SMB outperforms 81.93% 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 | 12.44% | ||
| PM (TTM) | 6.93% | ||
| GM | 29.25% |
OM growth 3Y10.53%
OM growth 5Y-0.4%
PM growth 3Y31.62%
PM growth 5Y-1.53%
GM growth 3Y0.15%
GM growth 5Y-1.05%
2. Health
2.1 Basic Checks
SMB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for SMB remains at a similar level compared to 1 year ago.
The number of shares outstanding for SMB has been reduced compared to 5 years ago.
SMB has a better debt/assets ratio than last year.
2.2 Solvency
SMB has an Altman-Z score of 2.28. 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.
SMB has a worse Altman-Z score (2.28) than 61.45% of its industry peers.
The Debt to FCF ratio of SMB is 2.88, which is a good value as it means it would take SMB, 2.88 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.88, SMB belongs to the top of the industry, outperforming 87.95% of the companies in the same industry.
SMB has a Debt/Equity ratio of 0.40. This is a healthy value indicating a solid balance between debt and equity.
SMB's Debt to Equity ratio of 0.40 is fine compared to the rest of the industry. SMB outperforms 74.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 2.88 | ||
| Altman-Z | 2.28 |
ROIC/WACC1.46
WACC6.35%
2.3 Liquidity
SMB has a Current Ratio of 1.82. 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 (1.82) than 66.27% of its industry peers.
A Quick Ratio of 1.11 indicates that SMB should not have too much problems paying its short term obligations.
SMB has a Quick ratio of 1.11. This is in the better half of the industry: SMB outperforms 65.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
The earnings per share for SMB have decreased strongly by -19.52% 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 3.63% on average per year.
The Revenue has decreased by -5.57% in the past year.
SMB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.17% yearly.
EPS 1Y (TTM)-19.52%
EPS 3Y46.69%
EPS 5Y3.63%
EPS Q2Q%-5.33%
Revenue 1Y (TTM)-5.57%
Revenue growth 3Y11.46%
Revenue growth 5Y5.17%
Sales Q2Q%-4.25%
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 11.57% yearly.
The Revenue is expected to grow by 2.41% on average over the next years.
EPS Next Y18.07%
EPS Next 2Y13.1%
EPS Next 3Y12.8%
EPS Next 5Y11.57%
Revenue Next Year-4.7%
Revenue Next 2Y-0.7%
Revenue Next 3Y0.65%
Revenue Next 5Y2.41%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SMB is valuated cheaply with a Price/Earnings ratio of 6.14.
Compared to the rest of the industry, the Price/Earnings ratio of SMB indicates a rather cheap valuation: SMB is cheaper than 93.98% of the companies listed in the same industry.
SMB is valuated cheaply when we compare the Price/Earnings ratio to 30.30, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 4.65, the valuation of SMB can be described as very cheap.
95.18% of the companies in the same industry are more expensive than SMB, based on the Price/Forward Earnings ratio.
SMB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.06.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.14 | ||
| Fwd PE | 4.65 |
4.2 Price Multiples
SMB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SMB is cheaper than 92.77% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SMB is valued cheaper than 93.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.98 | ||
| EV/EBITDA | 2.83 |
4.3 Compensation for Growth
SMB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of SMB may justify a higher PE ratio.
SMB's earnings are expected to grow with 12.80% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.34
PEG (5Y)1.69
EPS Next 2Y13.1%
EPS Next 3Y12.8%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.02%, SMB is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.04, SMB has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.29, SMB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.02% |
5.2 History
On average, the dividend of SMB grows each year by 7.12%, which is quite nice.
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)7.12%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
50.00% of the earnings are spent on dividend by SMB. This is a bit on the high side, but may be sustainable.
The dividend of SMB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP50%
EPS Next 2Y13.1%
EPS Next 3Y12.8%
NYSEARCA:SMB (2/21/2025, 12:44:30 PM)
17.189
+0.01 (+0.05%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners40.02%
Inst Owner Change1.81%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap12.13B
Analysts75.71
Price Target19.24 (11.93%)
Short Float %0%
Short Ratio0.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.02% |
Yearly Dividend1.25
Dividend Growth(5Y)7.12%
DP50%
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)-3.39%
PT rev (3m)-1.73%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-2.68%
EPS NY rev (3m)-2.68%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.14 | ||
| Fwd PE | 4.65 | ||
| P/S | 0.42 | ||
| P/FCF | 3.98 | ||
| P/OCF | 2.24 | ||
| P/B | 0.65 | ||
| P/tB | 0.89 | ||
| EV/EBITDA | 2.83 |
EPS(TTM)2.8
EY16.29%
EPS(NY)3.7
Fwd EY21.52%
FCF(TTM)4.32
FCFY25.15%
OCF(TTM)7.68
OCFY44.69%
SpS41.05
BVpS26.41
TBVpS19.32
PEG (NY)0.34
PEG (5Y)1.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.28% | ||
| ROE | 10.77% | ||
| ROCE | 12.25% | ||
| ROIC | 9.29% | ||
| ROICexc | 10.6% | ||
| ROICexgc | 13.08% | ||
| OM | 12.44% | ||
| PM (TTM) | 6.93% | ||
| GM | 29.25% | ||
| FCFM | 10.53% |
ROA(3y)5.54%
ROA(5y)4.82%
ROE(3y)11.67%
ROE(5y)10.63%
ROIC(3y)9.16%
ROIC(5y)8.51%
ROICexc(3y)10.41%
ROICexc(5y)9.64%
ROICexgc(3y)12.74%
ROICexgc(5y)11.9%
ROCE(3y)12.06%
ROCE(5y)11.19%
ROICexcg growth 3Y13.26%
ROICexcg growth 5Y0.75%
ROICexc growth 3Y14.02%
ROICexc growth 5Y1.17%
OM growth 3Y10.53%
OM growth 5Y-0.4%
PM growth 3Y31.62%
PM growth 5Y-1.53%
GM growth 3Y0.15%
GM growth 5Y-1.05%
F-Score6
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 2.88 | ||
| Debt/EBITDA | 1.31 | ||
| Cap/Depr | 116.24% | ||
| Cap/Sales | 8.18% | ||
| Interest Coverage | 10.15 | ||
| Cash Conversion | 96.06% | ||
| Profit Quality | 152.03% | ||
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 2.28 |
F-Score6
WACC6.35%
ROIC/WACC1.46
Cap/Depr(3y)109.9%
Cap/Depr(5y)100.41%
Cap/Sales(3y)7.51%
Cap/Sales(5y)7.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-19.52%
EPS 3Y46.69%
EPS 5Y3.63%
EPS Q2Q%-5.33%
EPS Next Y18.07%
EPS Next 2Y13.1%
EPS Next 3Y12.8%
EPS Next 5Y11.57%
Revenue 1Y (TTM)-5.57%
Revenue growth 3Y11.46%
Revenue growth 5Y5.17%
Sales Q2Q%-4.25%
Revenue Next Year-4.7%
Revenue Next 2Y-0.7%
Revenue Next 3Y0.65%
Revenue Next 5Y2.41%
EBIT growth 1Y2.68%
EBIT growth 3Y23.2%
EBIT growth 5Y4.75%
EBIT Next Year61.62%
EBIT Next 3Y21.75%
EBIT Next 5Y16.53%
FCF growth 1Y7589.47%
FCF growth 3Y12.46%
FCF growth 5Y21.28%
OCF growth 1Y171.92%
OCF growth 3Y16.24%
OCF growth 5Y13.31%