VANECK CHINEXT ETF (CNXT) Stock Price, Forecast & Analysis
USA - NYSEARCA:CNXT - US92189F6271 - ETF
42.99 USD
-0.08 (-0.19%)
Overall CNXT gets a fundamental rating of 5 out of 10. We evaluated CNXT against 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 has a correct valuation and a medium growth rate. Finally CNXT also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CNXT was profitable.
In the past year CNXT had a positive cash flow from operations.
CNXT had positive earnings in each of the past 5 years.
In the past 5 years CNXT always reported a positive cash flow from operatings.
1.2 Ratios
CNXT's Return On Assets of 4.39% is fine compared to the rest of the industry. CNXT outperforms 62.20% of its industry peers.
Looking at the Return On Equity, with a value of 8.81%, CNXT is in the better half of the industry, outperforming 63.41% of the companies in the same industry.
The Return On Invested Capital of CNXT (8.17%) is comparable to the rest of the 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
CNXT's Profit Margin of 5.84% is fine compared to the rest of the industry. CNXT outperforms 65.85% of its industry peers.
In the last couple of years the Profit Margin of CNXT has remained more or less at the same level.
CNXT's Operating Margin of 10.65% is fine compared to the rest of the industry. CNXT outperforms 67.07% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CNXT is still creating some value.
Compared to 1 year ago, CNXT has less shares outstanding
The number of shares outstanding for CNXT has been reduced compared to 5 years ago.
The debt/assets ratio for CNXT is higher compared to a year ago.
2.2 Solvency
CNXT has an Altman-Z score of 2.76. 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.
CNXT has a Altman-Z score (2.76) which is in line with its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 6.05, CNXT is in line with its industry, outperforming 53.66% of the companies in the same industry.
A Debt/Equity ratio of 0.32 indicates that CNXT is not too dependend on debt financing.
CNXT has a Debt to Equity ratio (0.32) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.76 |
ROIC/WACC1.14
WACC7.19%
2.3 Liquidity
A Current Ratio of 1.80 indicates that CNXT should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.80, CNXT is in line with its industry, outperforming 45.12% of the companies in the same industry.
A Quick Ratio of 1.12 indicates that CNXT should not have too much problems paying its short term obligations.
The Quick ratio of CNXT (1.12) 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
The earnings per share for CNXT have decreased strongly by -18.28% in the last year.
The Earnings Per Share has been growing slightly by 1.64% on average over the past years.
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
Based on estimates for the next years, CNXT will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.63% on average per year.
CNXT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.47% yearly.
EPS Next Y21.13%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
EPS Next 5YN/A
Revenue Next Year-2%
Revenue Next 2Y0.2%
Revenue Next 3Y1.31%
Revenue Next 5Y2.47%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 17.06 indicates a rather expensive 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.
Compared to an average S&P500 Price/Earnings ratio of 26.51, CNXT is valued a bit cheaper.
A Price/Forward Earnings ratio of 10.17 indicates a reasonable valuation of CNXT.
CNXT's Price/Forward Earnings is on the same level as the industry average.
CNXT is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.53, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | 10.17 |
4.2 Price Multiples
60.98% of the companies in the same industry are more expensive than CNXT, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as CNXT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.25 | ||
| EV/EBITDA | 6.19 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CNXT has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CNXT's earnings are expected to grow with 15.63% in the coming years.
PEG (NY)0.81
PEG (5Y)10.38
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
CNXT has a Yearly Dividend Yield of 4.91%, which is a nice return.
Compared to an average industry Dividend Yield of 4.32, CNXT pays a better dividend. On top of this CNXT pays more dividend than 80.49% of the companies listed in the same industry.
CNXT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.91% |
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.
CNXT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
NYSEARCA:CNXT (11/3/2025, 8:04:00 PM)
42.99
-0.08 (-0.19%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change0.03%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap30.34B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts80
Price Target50.61 (17.73%)
Short Float %0.01%
Short Ratio1.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.91% |
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)0.99%
PT rev (3m)45.36%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-10.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | 10.17 | ||
| P/S | 0.99 | ||
| P/FCF | 21.25 | ||
| P/OCF | 7.79 | ||
| P/B | 1.49 | ||
| P/tB | 2.02 | ||
| EV/EBITDA | 6.19 |
EPS(TTM)2.52
EY5.86%
EPS(NY)4.23
Fwd EY9.83%
FCF(TTM)2.02
FCFY4.71%
OCF(TTM)5.52
OCFY12.84%
SpS43.63
BVpS28.91
TBVpS21.28
PEG (NY)0.81
PEG (5Y)10.38
Graham Number40.49
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 | 2.76 |
F-Score5
WACC7.19%
ROIC/WACC1.14
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 Y21.13%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-2%
Revenue Next 2Y0.2%
Revenue Next 3Y1.31%
Revenue Next 5Y2.47%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year59.12%
EBIT Next 3Y22.78%
EBIT Next 5Y17.41%
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 42.99 USD. The price decreased by -0.19% in the last trading session.
What is the ChartMill technical and fundamental rating of CNXT stock?
CNXT has a ChartMill Technical rating of 9 out of 10 and a ChartMill Fundamental rating of 5 out of 10.