VANECK SHORT MUNI ETF (SMB) Stock Price, Forecast & Analysis
USA - NYSEARCA:SMB - US92189F5281 - ETF
17.315 USD
+0.01 (+0.03%)
Taking everything into account, SMB scores 6 out of 10 in our fundamental rating. 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. SMB also has an excellent dividend rating. These ratings would make SMB suitable 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
SMB has a better Return On Assets (4.39%) than 84.15% of its industry peers.
SMB has a better Return On Equity (8.81%) than 85.37% of its industry peers.
SMB has a better Return On Invested Capital (8.17%) than 81.71% 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 87.80% of its industry peers.
SMB's Profit Margin has been stable in the last couple of years.
SMB has a Operating Margin of 10.65%. This is amongst the best in 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.
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
SMB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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 65.85% of the companies in the same industry.
SMB has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as SMB would need 6.05 years to pay back of all of its debts.
The Debt to FCF ratio of SMB (6.05) is better than 75.61% of its industry peers.
SMB has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
SMB has a Debt to Equity ratio of 0.32. This is in the better half of the industry: SMB outperforms 75.61% 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's Current ratio of 1.80 is fine compared to the rest of the industry. SMB outperforms 67.07% 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 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.
The Earnings Per Share has been growing slightly by 1.64% on average over the past years.
SMB shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
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
SMB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.63% yearly.
The Revenue is expected to grow by 2.47% on average over the next years.
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
A Price/Earnings ratio of 6.84 indicates a rather cheap valuation of SMB.
93.90% of the companies in the same industry are more expensive than SMB, based on the Price/Earnings ratio.
SMB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.83.
The Price/Forward Earnings ratio is 4.09, which indicates a rather cheap valuation of SMB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SMB indicates a rather cheap valuation: SMB is cheaper than 96.34% of the companies listed in the same industry.
SMB is valuated cheaply when we compare the Price/Forward Earnings ratio to 32.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.84 | ||
| Fwd PE | 4.09 |
4.2 Price Multiples
SMB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SMB is cheaper than 95.12% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SMB is valued cheaply inside the industry as 85.37% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.54 | ||
| 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.
The excellent profitability rating of SMB may justify a higher PE ratio.
SMB's earnings are expected to grow with 15.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.32
PEG (5Y)4.17
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
SMB has a Yearly Dividend Yield of 4.89%, which is a nice return.
Compared to an average industry Dividend Yield of 4.29, SMB has a dividend in line with its industry peers.
SMB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.89% |
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.
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 (11/7/2025, 8:18:07 PM)
17.315
+0.01 (+0.03%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change-1.34%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap12.22B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target19.89 (14.87%)
Short Float %0%
Short Ratio0.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.89% |
Yearly Dividend1.56
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)-5.13%
PT rev (3m)-1.52%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-10.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.84 | ||
| Fwd PE | 4.09 | ||
| P/S | 0.4 | ||
| P/FCF | 8.54 | ||
| P/OCF | 3.13 | ||
| P/B | 0.6 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 2.93 |
EPS(TTM)2.53
EY14.61%
EPS(NY)4.23
Fwd EY24.44%
FCF(TTM)2.03
FCFY11.7%
OCF(TTM)5.53
OCFY31.93%
SpS43.7
BVpS28.96
TBVpS21.32
PEG (NY)0.32
PEG (5Y)4.17
Graham Number40.6
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 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%
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 17.315 USD. The price increased by 0.03% 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.