41.747 USD
+0.34 (+0.81%)
Taking everything into account, CNXT scores 5 out of 10 in our fundamental rating. CNXT was compared to 82 industry peers in the Automobile Components industry. Both the profitability and the financial health of CNXT get a neutral evaluation. Nothing too spectacular is happening here. CNXT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
CNXT had positive earnings in the past year.
In the past year CNXT had a positive cash flow from operations.
Each year in the past 5 years CNXT has been profitable.
In the past 5 years CNXT always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CNXT (4.39%) is better than 63.41% of its industry peers.
CNXT has a Return On Equity of 8.81%. This is in the better half of the industry: CNXT outperforms 64.63% of its industry peers.
With a decent Return On Invested Capital value of 8.17%, CNXT is doing good in the industry, outperforming 62.20% of the companies in the same industry.
CNXT had an Average Return On Invested Capital over the past 3 years of 9.25%. This 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
Looking at the Profit Margin, with a value of 5.84%, CNXT is in the better half of the industry, outperforming 67.07% of the companies in the same industry.
CNXT's Profit Margin has been stable in the last couple of years.
CNXT has a Operating Margin of 10.65%. This is in the better half of the industry: CNXT outperforms 68.29% of its industry peers.
In the last couple of years the Operating Margin of CNXT has remained more or less at the same level.
CNXT has a Gross Margin (27.60%) which is in line with its industry peers.
In the last couple of years the Gross Margin of CNXT 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
CNXT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
CNXT has less shares outstanding than it did 1 year ago.
CNXT has less shares outstanding than it did 5 years ago.
CNXT has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.72 indicates that CNXT is not a great score, but indicates only limited risk for bankruptcy at the moment.
CNXT has a Altman-Z score (2.72) which is comparable to the rest of the industry.
The Debt to FCF ratio of CNXT is 6.05, which is on the high side as it means it would take CNXT, 6.05 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 6.05, CNXT perfoms like the industry average, outperforming 56.10% of the companies in the same industry.
CNXT has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.32, CNXT perfoms like the industry average, outperforming 54.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.72 |
ROIC/WACC1.15
WACC7.11%
2.3 Liquidity
CNXT has a Current Ratio of 1.80. This is a normal value and indicates that CNXT is financially healthy and should not expect problems in meeting its short term obligations.
CNXT's Current ratio of 1.80 is in line compared to the rest of the industry. CNXT outperforms 46.34% of its industry peers.
A Quick Ratio of 1.12 indicates that CNXT should not have too much problems paying its short term obligations.
CNXT has a Quick ratio (1.12) which is in line with 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 CNXT have decreased strongly by -18.28% in the last year.
Measured over the past 5 years, CNXT shows a small growth in Earnings Per Share. The EPS has been growing by 1.64% on average per year.
CNXT 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
CNXT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.26% yearly.
The Revenue is expected to grow by 3.23% on average over the next years.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
Based on the Price/Earnings ratio of 16.31, the valuation of CNXT can be described as correct.
CNXT's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of CNXT to the average of the S&P500 Index (26.41), we can say CNXT is valued slightly cheaper.
A Price/Forward Earnings ratio of 11.52 indicates a reasonable valuation of CNXT.
The rest of the industry has a similar Price/Forward Earnings ratio as CNXT.
The average S&P500 Price/Forward Earnings ratio is at 35.40. CNXT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.31 | ||
| Fwd PE | 11.52 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CNXT is valued a bit cheaper than the industry average as 63.41% of the companies are valued more expensively.
CNXT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.5 | ||
| EV/EBITDA | 5.96 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CNXT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)22.05
PEG (5Y)9.93
EPS Next 2Y8.86%
EPS Next 3Y11.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.88%, CNXT is a good candidate for dividend investing.
CNXT's Dividend Yield is a higher than the industry average which is at 4.29.
Compared to an average S&P500 Dividend Yield of 2.32, CNXT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.88% |
5.2 History
The dividend of CNXT is nicely growing with an annual growth rate of 7.84%!
CNXT has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)7.84%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
CNXT pays out 62.40% of its income as dividend. This is not a sustainable payout ratio.
CNXT'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:CNXT (12/4/2025, 8:12:48 PM)
41.747
+0.34 (+0.81%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change52.66%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap29.66B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target47.02 (12.63%)
Short Float %0.01%
Short Ratio1.3
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-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)-9.57%
PT rev (3m)16.51%
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 | 16.31 | ||
| Fwd PE | 11.52 | ||
| P/S | 0.95 | ||
| P/FCF | 20.5 | ||
| P/OCF | 7.51 | ||
| P/B | 1.43 | ||
| P/tB | 1.95 | ||
| EV/EBITDA | 5.96 |
EPS(TTM)2.56
EY6.13%
EPS(NY)3.62
Fwd EY8.68%
FCF(TTM)2.04
FCFY4.88%
OCF(TTM)5.56
OCFY13.31%
SpS43.91
BVpS29.1
TBVpS21.42
PEG (NY)22.05
PEG (5Y)9.93
Graham Number40.94
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 | 2.72 |
F-Score5
WACC7.11%
ROIC/WACC1.15
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 CHINEXT ETF / CNXT FAQ
What does CNXT 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 CHINEXT ETF today?
The current stock price of CNXT is 41.747 USD. The price increased by 0.81% in the last trading session.
What is the ChartMill technical and fundamental rating of CNXT stock?
CNXT has a ChartMill Technical rating of 5 out of 10 and a ChartMill Fundamental rating of 5 out of 10.