22.56 USD
+0 (+0.02%)
Overall CBON gets a fundamental rating of 6 out of 10. We evaluated CBON against 82 industry peers in the Automobile Components industry. CBON scores excellent on profitability, but there are some minor concerns on its financial health. CBON scores decently on growth, while it is valued quite cheap. This could make an interesting combination. CBON also has an excellent dividend rating. This makes CBON very considerable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year CBON was profitable.
In the past year CBON had a positive cash flow from operations.
In the past 5 years CBON has always been profitable.
Each year in the past 5 years CBON had a positive operating cash flow.
1.2 Ratios
CBON has a better Return On Assets (4.39%) than 75.61% of its industry peers.
CBON's Return On Equity of 8.81% is fine compared to the rest of the industry. CBON outperforms 76.83% of its industry peers.
The Return On Invested Capital of CBON (8.17%) is better than 74.39% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CBON 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 CBON (5.84%) is better than 79.27% of its industry peers.
In the last couple of years the Profit Margin of CBON has remained more or less at the same level.
Looking at the Operating Margin, with a value of 10.65%, CBON belongs to the top of the industry, outperforming 80.49% of the companies in the same industry.
In the last couple of years the Operating Margin of CBON has remained more or less at the same level.
With a decent Gross Margin value of 27.60%, CBON is doing good in the industry, outperforming 71.95% of the companies in the same industry.
CBON'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
CBON has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, CBON has less shares outstanding
CBON has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CBON is higher compared to a year ago.
2.2 Solvency
CBON has an Altman-Z score of 2.34. This is not the best score and indicates that CBON is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.34, CBON is in line with its industry, outperforming 42.68% of the companies in the same industry.
The Debt to FCF ratio of CBON is 6.05, which is on the high side as it means it would take CBON, 6.05 years of fcf income to pay off all of its debts.
CBON's Debt to FCF ratio of 6.05 is fine compared to the rest of the industry. CBON outperforms 68.29% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that CBON is not too dependend on debt financing.
The Debt to Equity ratio of CBON (0.32) is better than 67.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.34 |
ROIC/WACC1.25
WACC6.54%
2.3 Liquidity
CBON has a Current Ratio of 1.80. This is a normal value and indicates that CBON is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.80, CBON is in line with its industry, outperforming 58.54% of the companies in the same industry.
A Quick Ratio of 1.12 indicates that CBON should not have too much problems paying its short term obligations.
CBON's Quick ratio of 1.12 is in line compared to the rest of the industry. CBON outperforms 57.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
CBON 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, CBON shows a small growth in Earnings Per Share. The EPS has been growing by 1.64% on average per year.
CBON shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
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
CBON 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, CBON will show a small growth in Revenue. The Revenue will grow by 3.23% 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 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
With a Price/Earnings ratio of 8.85, the valuation of CBON can be described as very reasonable.
Based on the Price/Earnings ratio, CBON is valued cheaply inside the industry as 84.15% of the companies are valued more expensively.
CBON is valuated cheaply when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.24, the valuation of CBON can be described as very cheap.
86.59% of the companies in the same industry are more expensive than CBON, based on the Price/Forward Earnings ratio.
CBON's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.22.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.85 | ||
| Fwd PE | 6.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CBON is valued cheaper than 86.59% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CBON is valued a bit cheaper than 70.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.1 | ||
| EV/EBITDA | 3.59 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CBON does not grow enough to justify the current Price/Earnings ratio.
CBON has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)11.96
PEG (5Y)5.39
EPS Next 2Y8.86%
EPS Next 3Y11.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.88%, CBON is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.29, CBON pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, CBON pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.88% |
5.2 History
On average, the dividend of CBON grows each year by 7.84%, which is quite nice.
CBON 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
62.40% of the earnings are spent on dividend by CBON. This is not a sustainable payout ratio.
CBON'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:CBON (12/2/2025, 6:40:00 PM)
22.56
+0 (+0.02%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change58.53%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap16.03B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target25.49 (12.99%)
Short Float %0%
Short Ratio0.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.88% |
Yearly Dividend1.56
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years0
Div Non Decr Years0
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)-6.51%
PT rev (3m)-0.51%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-16.83%
EPS NY rev (3m)-17.93%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.93%
Revenue NY rev (3m)-3.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.85 | ||
| Fwd PE | 6.24 | ||
| P/S | 0.51 | ||
| P/FCF | 11.1 | ||
| P/OCF | 4.07 | ||
| P/B | 0.78 | ||
| P/tB | 1.06 | ||
| EV/EBITDA | 3.59 |
EPS(TTM)2.55
EY11.3%
EPS(NY)3.62
Fwd EY16.03%
FCF(TTM)2.03
FCFY9.01%
OCF(TTM)5.55
OCFY24.58%
SpS43.83
BVpS29.05
TBVpS21.38
PEG (NY)11.96
PEG (5Y)5.39
Graham Number40.83
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 | 2.34 |
F-Score5
WACC6.54%
ROIC/WACC1.25
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 5Y3.23%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year59.12%
EBIT Next 3Y22.78%
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 CHINA BOND ETF / CBON FAQ
Can you describe the business of VANECK CHINA BOND ETF?
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.
Can you provide the latest stock price for VANECK CHINA BOND ETF?
The current stock price of CBON is 22.56 USD. The price increased by 0.02% in the last trading session.
What is the ChartMill technical and fundamental rating of CBON stock?
CBON has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 6 out of 10.