VANECK AFRICA INDEX ETF (AFK) Stock Overview
NYSEARCA:AFK - US92189F8665 - ETF
22.7911 USD
+0.19 (+0.85%)
Overall AFK gets a fundamental rating of 6 out of 10. We evaluated AFK against 80 industry peers in the Automobile Components industry. AFK has only an average score on both its financial health and profitability. AFK is valued quite cheap, while showing a decent growth score. This is a good combination! AFK also has an excellent dividend rating. These ratings would make AFK suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year AFK was profitable.
AFK had a positive operating cash flow in the past year.
In the past 5 years AFK has always been profitable.
Each year in the past 5 years AFK had a positive operating cash flow.
1.2 Ratios
AFK has a better Return On Assets (4.39%) than 75.00% of its industry peers.
Looking at the Return On Equity, with a value of 8.81%, AFK is in the better half of the industry, outperforming 72.50% of the companies in the same industry.
AFK has a better Return On Invested Capital (8.17%) than 71.25% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AFK is in line with the industry average of 8.51%.
| 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 decent Profit Margin value of 5.84%, AFK is doing good in the industry, outperforming 77.50% of the companies in the same industry.
AFK's Profit Margin has been stable in the last couple of years.
The Operating Margin of AFK (10.65%) is better than 78.75% of its industry peers.
In the last couple of years the Operating Margin of AFK has remained more or less at the same level.
With a decent Gross Margin value of 27.60%, AFK is doing good in the industry, outperforming 71.25% of the companies in the same industry.
In the last couple of years the Gross Margin of AFK 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), AFK is creating some value.
The number of shares outstanding for AFK has been reduced compared to 1 year ago.
Compared to 5 years ago, AFK has less shares outstanding
Compared to 1 year ago, AFK has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.33 indicates that AFK is not a great score, but indicates only limited risk for bankruptcy at the moment.
AFK has a Altman-Z score (2.33) which is in line with its industry peers.
The Debt to FCF ratio of AFK is 6.05, which is on the high side as it means it would take AFK, 6.05 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of AFK (6.05) is better than 63.75% of its industry peers.
AFK has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
AFK has a Debt to Equity ratio of 0.32. This is in the better half of the industry: AFK outperforms 66.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.33 |
ROIC/WACC1.28
WACC6.4%
2.3 Liquidity
AFK has a Current Ratio of 1.80. This is a normal value and indicates that AFK is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of AFK (1.80) is comparable to the rest of the industry.
A Quick Ratio of 1.12 indicates that AFK should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.12, AFK is in line with its industry, outperforming 53.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
AFK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
AFK shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.64% yearly.
AFK shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
AFK 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
Based on estimates for the next years, AFK will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.31% on average per year.
AFK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.56% yearly.
EPS Next Y22.75%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
EPS Next 5YN/A
Revenue Next Year-1.64%
Revenue Next 2Y0.47%
Revenue Next 3Y1.52%
Revenue Next 5Y2.56%
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
The Price/Earnings ratio is 8.90, which indicates a very decent valuation of AFK.
AFK's Price/Earnings ratio is rather cheap when compared to the industry. AFK is cheaper than 85.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.02. AFK is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 5.21 indicates a rather cheap valuation of AFK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AFK indicates a rather cheap valuation: AFK is cheaper than 85.00% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.66. AFK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.9 | ||
| Fwd PE | 5.21 |
4.2 Price Multiples
85.00% of the companies in the same industry are more expensive than AFK, based on the Enterprise Value to EBITDA ratio.
AFK's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AFK is cheaper than 72.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.09 | ||
| EV/EBITDA | 3.56 |
4.3 Compensation for Growth
AFK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AFK has a very decent profitability rating, which may justify a higher PE ratio.
AFK's earnings are expected to grow with 16.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.39
PEG (5Y)5.42
EPS Next 2Y19.47%
EPS Next 3Y16.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.49%, AFK is a good candidate for dividend investing.
AFK's Dividend Yield is a higher than the industry average which is at 3.98.
Compared to an average S&P500 Dividend Yield of 2.45, AFK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
5.2 History
The dividend of AFK is nicely growing with an annual growth rate of 7.84%!
AFK has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)7.84%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
AFK pays out 62.40% of its income as dividend. This is not a sustainable payout ratio.
AFK's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
NYSEARCA:AFK (9/8/2025, 12:20:52 PM)
22.7911
+0.19 (+0.85%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners39.91%
Inst Owner Change-54.41%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap16.08B
Analysts80.87
Price Target24.84 (8.99%)
Short Float %0.02%
Short Ratio4.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
Yearly Dividend1.58
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years0
Div Non Decr Years0
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)3.38%
PT rev (3m)16.38%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-9.31%
EPS NY rev (3m)-9.31%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)-2.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.9 | ||
| Fwd PE | 5.21 | ||
| P/S | 0.51 | ||
| P/FCF | 11.09 | ||
| P/OCF | 4.06 | ||
| P/B | 0.78 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 3.56 |
EPS(TTM)2.56
EY11.23%
EPS(NY)4.37
Fwd EY19.19%
FCF(TTM)2.06
FCFY9.02%
OCF(TTM)5.61
OCFY24.6%
SpS44.32
BVpS29.37
TBVpS21.62
PEG (NY)0.39
PEG (5Y)5.42
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)10.37%
ROICexc(5y)9.81%
ROICexgc(3y)12.78%
ROICexgc(5y)12.13%
ROCE(3y)11.87%
ROCE(5y)10.97%
ROICexcg growth 3Y-1.65%
ROICexcg growth 5Y0.27%
ROICexc growth 3Y-2.16%
ROICexc growth 5Y0.21%
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 | 2.33 |
F-Score5
WACC6.4%
ROIC/WACC1.28
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 Y22.75%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-1.64%
Revenue Next 2Y0.47%
Revenue Next 3Y1.52%
Revenue Next 5Y2.56%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year66.93%
EBIT Next 3Y23.28%
EBIT Next 5Y17.51%
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%