41.8393 USD
-0.13 (-0.32%)
We assign a fundamental rating of 5 out of 10 to CNXT. CNXT was compared to 82 industry peers in the Automobile Components industry. CNXT has only an average score on both its financial health and profitability. CNXT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
CNXT had positive earnings in the past year.
CNXT had a positive operating cash flow in the past year.
Each year in the past 5 years CNXT has been profitable.
CNXT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CNXT's Return On Assets of 4.39% is fine compared to the rest of the industry. CNXT outperforms 63.41% of its industry peers.
CNXT's Return On Equity of 8.81% is fine compared to the rest of the industry. CNXT outperforms 64.63% of its industry peers.
CNXT has a better Return On Invested Capital (8.17%) than 62.20% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CNXT 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
CNXT has a better Profit Margin (5.84%) than 67.07% of its industry peers.
In the last couple of years the Profit Margin of CNXT has remained more or less at the same level.
The Operating Margin of CNXT (10.65%) is better than 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.
The Gross Margin of CNXT (27.60%) is comparable to the rest of the industry.
CNXT'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 CNXT is still creating some value.
The number of shares outstanding for CNXT has been reduced compared to 1 year ago.
Compared to 5 years ago, CNXT has less shares outstanding
Compared to 1 year ago, CNXT has a worse debt to assets ratio.
2.2 Solvency
CNXT has an Altman-Z score of 2.74. This is not the best score and indicates that CNXT is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.74, CNXT perfoms like the industry average, outperforming 57.32% of the companies in the same industry.
CNXT has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as CNXT would need 6.05 years to pay back of all of its debts.
CNXT has a Debt to FCF ratio of 6.05. This is comparable to the rest of the industry: CNXT outperforms 56.10% of its industry peers.
CNXT has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of CNXT (0.32) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.74 |
ROIC/WACC1.15
WACC7.12%
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 has a Current ratio (1.80) which is in line with its industry peers.
CNXT has a Quick Ratio of 1.12. This is a normal value and indicates that CNXT is financially healthy and should not expect problems in meeting its short term obligations.
CNXT has a Quick ratio (1.12) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
CNXT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
The Earnings Per Share has been growing slightly by 1.64% on average over the past years.
Looking at the last year, CNXT shows a decrease in Revenue. The Revenue has decreased by -3.62% in the last year.
Measured over the past years, CNXT 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
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.
Based on estimates for the next years, CNXT 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
A Price/Earnings ratio of 16.41 indicates a correct valuation of CNXT.
Compared to the rest of the industry, the Price/Earnings ratio of CNXT is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.15. CNXT is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 11.57 indicates a reasonable valuation of CNXT.
The rest of the industry has a similar Price/Forward Earnings ratio as CNXT.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.22, CNXT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.41 | ||
| Fwd PE | 11.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CNXT is valued a bit cheaper than 63.41% of the companies in the same industry.
CNXT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.59 | ||
| EV/EBITDA | 6.04 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CNXT does not grow enough to justify the current Price/Earnings ratio.
CNXT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)22.19
PEG (5Y)9.99
EPS Next 2Y8.86%
EPS Next 3Y11.26%
5. Dividend
5.1 Amount
CNXT has a Yearly Dividend Yield of 4.88%, which is a nice return.
Compared to an average industry Dividend Yield of 4.29, CNXT pays a bit more dividend than its industry peers.
CNXT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.88% |
5.2 History
On average, the dividend of CNXT grows each year by 7.84%, which is quite nice.
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.
The dividend of CNXT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.4%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
NYSEARCA:CNXT (12/2/2025, 6:40:00 PM)
41.8393
-0.13 (-0.32%)
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 Cap29.73B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target47.02 (12.38%)
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 | 16.41 | ||
| Fwd PE | 11.57 | ||
| P/S | 0.95 | ||
| P/FCF | 20.59 | ||
| P/OCF | 7.55 | ||
| P/B | 1.44 | ||
| P/tB | 1.96 | ||
| EV/EBITDA | 6.04 |
EPS(TTM)2.55
EY6.09%
EPS(NY)3.62
Fwd EY8.64%
FCF(TTM)2.03
FCFY4.86%
OCF(TTM)5.55
OCFY13.25%
SpS43.83
BVpS29.05
TBVpS21.38
PEG (NY)22.19
PEG (5Y)9.99
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 | 2.74 |
F-Score5
WACC7.12%
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 41.8393 USD. The price decreased by -0.32% 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.