356.23 USD
+8.98 (+2.59%)
358.33 USD
+2.1 (+0.59%)
We assign a fundamental rating of 4 out of 10 to SMH. SMH was compared to 82 industry peers in the Automobile Components industry. SMH has an average financial health and profitability rating. SMH is quite expensive at the moment. It does show a decent growth rate. SMH also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
SMH had positive earnings in the past year.
In the past year SMH had a positive cash flow from operations.
Each year in the past 5 years SMH has been profitable.
SMH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SMH's Return On Assets of 4.39% is in line compared to the rest of the industry. SMH outperforms 42.68% of its industry peers.
The Return On Equity of SMH (8.81%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 8.17%, SMH is in line with its industry, outperforming 41.46% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SMH is in line with the industry average of 8.62%.
| 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
With a Profit Margin value of 5.84%, SMH perfoms like the industry average, outperforming 46.34% of the companies in the same industry.
SMH's Profit Margin has been stable in the last couple of years.
SMH's Operating Margin of 10.65% is in line compared to the rest of the industry. SMH outperforms 47.56% of its industry peers.
SMH's Operating Margin has been stable in the last couple of years.
The Gross Margin of SMH (27.60%) is worse than 60.98% of its industry peers.
SMH'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 SMH is still creating some value.
SMH has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, SMH has less shares outstanding
SMH has a worse debt/assets ratio than last year.
2.2 Solvency
SMH has an Altman-Z score of 8.96. This indicates that SMH is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of SMH (8.96) is better than 93.90% of its industry peers.
The Debt to FCF ratio of SMH is 6.05, which is on the high side as it means it would take SMH, 6.05 years of fcf income to pay off all of its debts.
SMH has a worse Debt to FCF ratio (6.05) than 64.63% of its industry peers.
SMH has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
SMH's Debt to Equity ratio of 0.32 is on the low side compared to the rest of the industry. SMH is outperformed by 65.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 8.96 |
ROIC/WACC1.03
WACC7.94%
2.3 Liquidity
SMH has a Current Ratio of 1.80. This is a normal value and indicates that SMH is financially healthy and should not expect problems in meeting its short term obligations.
SMH has a worse Current ratio (1.80) than 74.39% of its industry peers.
SMH has a Quick Ratio of 1.12. This is a normal value and indicates that SMH is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.12, SMH is not doing good in the industry: 75.61% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The earnings per share for SMH have decreased strongly by -18.28% in the last year.
Measured over the past 5 years, SMH 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.
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 11.17% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.23% on average over the next years.
EPS Next Y0.52%
EPS Next 2Y8.73%
EPS Next 3Y11.17%
EPS Next 5YN/A
Revenue Next Year-4.91%
Revenue Next 2Y-1.32%
Revenue Next 3Y0.38%
Revenue Next 5Y3.23%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 138.61, which means the current valuation is very expensive for SMH.
Based on the Price/Earnings ratio, SMH is valued expensively inside the industry as 80.49% of the companies are valued cheaper.
SMH is valuated expensively when we compare the Price/Earnings ratio to 26.38, which is the current average of the S&P500 Index.
SMH is valuated quite expensively with a Price/Forward Earnings ratio of 98.14.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SMH indicates a rather expensive valuation: SMH more expensive than 81.71% of the companies listed in the same industry.
SMH's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 138.61 | ||
| Fwd PE | 98.14 |
4.2 Price Multiples
SMH's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. SMH is more expensive than 78.05% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SMH indicates a slightly more expensive valuation: SMH is more expensive than 75.61% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 174.18 | ||
| EV/EBITDA | 44.3 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)269.13
PEG (5Y)84.37
EPS Next 2Y8.73%
EPS Next 3Y11.17%
5. Dividend
5.1 Amount
SMH has a Yearly Dividend Yield of 4.87%, which is a nice return.
Compared to an average industry Dividend Yield of 2.57, SMH pays a better dividend. On top of this SMH pays more dividend than 100.00% of the companies listed in the same industry.
SMH's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
5.2 History
The dividend of SMH is nicely growing with an annual growth rate of 7.84%!
SMH has been paying a dividend for at least 10 years, so it has a reliable track record.
SMH has decreased its dividend recently.
Dividend Growth(5Y)7.84%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
62.40% of the earnings are spent on dividend by SMH. This is not a sustainable payout ratio.
SMH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y8.73%
EPS Next 3Y11.17%
356.23
+8.98 (+2.59%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.46%
Inst Owner Change-4.24%
Ins Owners0%
Ins Owner Change0%
Market Cap253.10B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts78.33
Price Target418.12 (17.37%)
Short Float %1.2%
Short Ratio0.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
Yearly Dividend1.58
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)0.59%
PT rev (3m)14.37%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.22%
EPS NY rev (3m)-18.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-3.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 138.61 | ||
| Fwd PE | 98.14 | ||
| P/S | 8.08 | ||
| P/FCF | 174.18 | ||
| P/OCF | 63.84 | ||
| P/B | 12.19 | ||
| P/tB | 16.56 | ||
| EV/EBITDA | 44.3 |
EPS(TTM)2.57
EY0.72%
EPS(NY)3.63
Fwd EY1.02%
FCF(TTM)2.05
FCFY0.57%
OCF(TTM)5.58
OCFY1.57%
SpS44.1
BVpS29.23
TBVpS21.52
PEG (NY)269.13
PEG (5Y)84.37
Graham Number41.11
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 | 8.96 |
F-Score5
WACC7.94%
ROIC/WACC1.03
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 Y0.52%
EPS Next 2Y8.73%
EPS Next 3Y11.17%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-4.91%
Revenue Next 2Y-1.32%
Revenue Next 3Y0.38%
Revenue Next 5Y3.23%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year41.54%
EBIT Next 3Y18.8%
EBIT Next 5Y16.72%
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 SEMICONDUCTOR ETF / SMH FAQ
What does VANECK SEMICONDUCTOR ETF 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 stock price of VANECK SEMICONDUCTOR ETF today?
The current stock price of SMH is 356.23 USD. The price increased by 2.59% in the last trading session.
What is the ChartMill technical and fundamental rating of SMH stock?
SMH has a ChartMill Technical rating of 9 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
Should I buy SMH stock?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on SMH.