VANECK OIL REFINERS ETF (CRAK) Stock Overview
USA - NYSEARCA:CRAK - US92189F5851 - ETF
40.06 USD
+0.43 (+1.07%)
40.25 USD
+0.19 (+0.47%)
Taking everything into account, CRAK scores 5 out of 10 in our fundamental rating. CRAK was compared to 83 industry peers in the Automobile Components industry. CRAK has an average financial health and profitability rating. CRAK is not valued too expensively and it also shows a decent growth rate. Finally CRAK also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CRAK had positive earnings in the past year.
CRAK had a positive operating cash flow in the past year.
Each year in the past 5 years CRAK has been profitable.
CRAK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CRAK has a Return On Assets of 4.39%. This is in the better half of the industry: CRAK outperforms 65.06% of its industry peers.
CRAK has a better Return On Equity (8.81%) than 63.86% of its industry peers.
With a decent Return On Invested Capital value of 8.17%, CRAK is doing good in the industry, outperforming 62.65% of the companies in the same industry.
CRAK 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
CRAK has a better Profit Margin (5.84%) than 68.67% of its industry peers.
CRAK's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 10.65%, CRAK is in the better half of the industry, outperforming 69.88% of the companies in the same industry.
CRAK's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 27.60%, CRAK is doing good in the industry, outperforming 61.45% of the companies in the same industry.
CRAK'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
CRAK 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, CRAK has less shares outstanding
Compared to 5 years ago, CRAK has less shares outstanding
The debt/assets ratio for CRAK is higher compared to a year ago.
2.2 Solvency
CRAK has an Altman-Z score of 2.68. This is not the best score and indicates that CRAK 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 2.68, CRAK is in line with its industry, outperforming 55.42% of the companies in the same industry.
CRAK has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as CRAK would need 6.05 years to pay back of all of its debts.
CRAK has a Debt to FCF ratio of 6.05. This is comparable to the rest of the industry: CRAK outperforms 55.42% of its industry peers.
CRAK has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
CRAK has a Debt to Equity ratio of 0.32. This is comparable to the rest of the industry: CRAK outperforms 56.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.68 |
ROIC/WACC1.15
WACC7.13%
2.3 Liquidity
CRAK has a Current Ratio of 1.80. This is a normal value and indicates that CRAK 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, CRAK is in line with its industry, outperforming 46.99% of the companies in the same industry.
CRAK has a Quick Ratio of 1.12. This is a normal value and indicates that CRAK is financially healthy and should not expect problems in meeting its short term obligations.
CRAK's Quick ratio of 1.12 is in line compared to the rest of the industry. CRAK outperforms 45.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
CRAK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
CRAK shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.64% yearly.
CRAK shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
Measured over the past years, CRAK 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
The Earnings Per Share is expected to grow by 15.63% on average over the next years. This is quite good.
Based on estimates for the next years, CRAK will show a small growth in Revenue. The Revenue will grow by 2.47% on average per year.
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
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
With a Price/Earnings ratio of 15.71, CRAK is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of CRAK is on the same level as its industry peers.
CRAK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.76.
Based on the Price/Forward Earnings ratio of 9.39, the valuation of CRAK can be described as reasonable.
Based on the Price/Forward Earnings ratio, CRAK is valued a bit cheaper than the industry average as 68.67% of the companies are valued more expensively.
CRAK is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.63, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.71 | ||
| Fwd PE | 9.39 |
4.2 Price Multiples
65.06% of the companies in the same industry are more expensive than CRAK, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as CRAK.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.6 | ||
| EV/EBITDA | 5.72 |
4.3 Compensation for Growth
CRAK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of CRAK may justify a higher PE ratio.
A more expensive valuation may be justified as CRAK's earnings are expected to grow with 15.63% in the coming years.
PEG (NY)0.74
PEG (5Y)9.56
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
CRAK has a Yearly Dividend Yield of 4.99%, which is a nice return.
Compared to an average industry Dividend Yield of 4.39, CRAK pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, CRAK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.99% |
5.2 History
The dividend of CRAK is nicely growing with an annual growth rate of 7.84%!
CRAK has paid a dividend for at least 10 years, which is a reliable track record.
CRAK has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)7.84%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
62.40% of the earnings are spent on dividend by CRAK. This is not a sustainable payout ratio.
CRAK's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
40.06
+0.43 (+1.07%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change0%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap28.27B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts80
Price Target45.93 (14.65%)
Short Float %0%
Short Ratio0.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.99% |
Yearly Dividend1.57
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years3
Div Non Decr Years3
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)5.07%
PT rev (3m)15.61%
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)-0.21%
Revenue NY rev (3m)-2.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.71 | ||
| Fwd PE | 9.39 | ||
| P/S | 0.91 | ||
| P/FCF | 19.6 | ||
| P/OCF | 7.19 | ||
| P/B | 1.37 | ||
| P/tB | 1.86 | ||
| EV/EBITDA | 5.72 |
EPS(TTM)2.55
EY6.37%
EPS(NY)4.27
Fwd EY10.65%
FCF(TTM)2.04
FCFY5.1%
OCF(TTM)5.57
OCFY13.92%
SpS44.06
BVpS29.21
TBVpS21.5
PEG (NY)0.74
PEG (5Y)9.56
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 | 2.68 |
F-Score5
WACC7.13%
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 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 OIL REFINERS ETF / CRAK FAQ
Can you describe the business of VANECK OIL REFINERS 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 OIL REFINERS ETF?
The current stock price of CRAK is 40.06 USD. The price increased by 1.07% in the last trading session.
What is the ChartMill technical and fundamental rating of CRAK stock?
CRAK has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 5 out of 10.
Is VANECK OIL REFINERS ETF (CRAK) stock a good buy?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on CRAK.