VANECK VIDEOGAMING ESPORTS (ESPO) Stock Price, Forecast & Analysis
USA - NASDAQ:ESPO - US92189F1140 - ETF
113.69 USD
+1.4 (+1.25%)
113.3 USD
-0.39 (-0.34%)
ESPO gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 83 industry peers in the Automobile Components industry. ESPO has only an average score on both its financial health and profitability. ESPO is quite expensive at the moment. It does show a decent growth rate. Finally ESPO also has an excellent dividend rating. These ratings could make ESPO a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
In the past year ESPO was profitable.
ESPO had a positive operating cash flow in the past year.
Each year in the past 5 years ESPO has been profitable.
ESPO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.39%, ESPO is in line with its industry, outperforming 49.40% of the companies in the same industry.
ESPO has a Return On Equity (8.81%) which is in line with its industry peers.
With a Return On Invested Capital value of 8.17%, ESPO perfoms like the industry average, outperforming 46.99% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ESPO is in line with the industry average of 8.50%.
| 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
ESPO's Profit Margin of 5.84% is in line compared to the rest of the industry. ESPO outperforms 53.01% of its industry peers.
ESPO's Profit Margin has been stable in the last couple of years.
With a Operating Margin value of 10.65%, ESPO perfoms like the industry average, outperforming 54.22% of the companies in the same industry.
In the last couple of years the Operating Margin of ESPO has remained more or less at the same level.
The Gross Margin of ESPO (27.60%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ESPO 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ESPO is creating some value.
ESPO has less shares outstanding than it did 1 year ago.
ESPO has less shares outstanding than it did 5 years ago.
ESPO has a worse debt/assets ratio than last year.
2.2 Solvency
ESPO has an Altman-Z score of 4.18. This indicates that ESPO is financially healthy and has little risk of bankruptcy at the moment.
ESPO's Altman-Z score of 4.18 is amongst the best of the industry. ESPO outperforms 83.13% of its industry peers.
ESPO has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as ESPO would need 6.05 years to pay back of all of its debts.
ESPO has a Debt to FCF ratio of 6.05. This is comparable to the rest of the industry: ESPO outperforms 40.96% of its industry peers.
ESPO has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
ESPO's Debt to Equity ratio of 0.32 is in line compared to the rest of the industry. ESPO outperforms 40.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 4.18 |
ROIC/WACC1.06
WACC7.74%
2.3 Liquidity
ESPO has a Current Ratio of 1.80. This is a normal value and indicates that ESPO is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of ESPO (1.80) is worse than 68.67% of its industry peers.
A Quick Ratio of 1.12 indicates that ESPO should not have too much problems paying its short term obligations.
ESPO has a Quick ratio of 1.12. This is in the lower half of the industry: ESPO underperforms 69.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
ESPO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
ESPO shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.64% yearly.
The Revenue has decreased by -3.62% in the past year.
Measured over the past years, ESPO 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, ESPO 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
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.
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
ESPO is valuated quite expensively with a Price/Earnings ratio of 44.94.
Based on the Price/Earnings ratio, ESPO is valued a bit more expensive than 72.29% of the companies in the same industry.
When comparing the Price/Earnings ratio of ESPO to the average of the S&P500 Index (26.10), we can say ESPO is valued expensively.
The Price/Forward Earnings ratio is 26.82, which means the current valuation is very expensive for ESPO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ESPO indicates a slightly more expensive valuation: ESPO is more expensive than 72.29% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of ESPO to the average of the S&P500 Index (22.52), we can say ESPO is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.94 | ||
| Fwd PE | 26.82 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ESPO indicates a slightly more expensive valuation: ESPO is more expensive than 71.08% of the companies listed in the same industry.
ESPO's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. ESPO is more expensive than 68.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.02 | ||
| EV/EBITDA | 14.94 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ESPO does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as ESPO's earnings are expected to grow with 15.63% in the coming years.
PEG (NY)2.13
PEG (5Y)27.35
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
ESPO has a Yearly Dividend Yield of 4.91%, which is a nice return.
ESPO's Dividend Yield is rather good when compared to the industry average which is at 4.40. ESPO pays more dividend than 92.77% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, ESPO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.91% |
5.2 History
On average, the dividend of ESPO grows each year by 7.84%, which is quite nice.
ESPO 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
62.40% of the earnings are spent on dividend by ESPO. This is not a sustainable payout ratio.
ESPO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
113.69
+1.4 (+1.25%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change2.07%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap80.24B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts80
Price Target132.74 (16.76%)
Short Float %0%
Short Ratio0.13
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)1.86%
PT rev (3m)19.37%
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 | 44.94 | ||
| Fwd PE | 26.82 | ||
| P/S | 2.6 | ||
| P/FCF | 56.02 | ||
| P/OCF | 20.53 | ||
| P/B | 3.92 | ||
| P/tB | 5.32 | ||
| EV/EBITDA | 14.94 |
EPS(TTM)2.53
EY2.23%
EPS(NY)4.24
Fwd EY3.73%
FCF(TTM)2.03
FCFY1.78%
OCF(TTM)5.54
OCFY4.87%
SpS43.76
BVpS29
TBVpS21.35
PEG (NY)2.13
PEG (5Y)27.35
Graham Number40.63
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 | 4.18 |
F-Score5
WACC7.74%
ROIC/WACC1.06
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 VIDEOGAMING ESPORTS / ESPO FAQ
Can you describe the business of VANECK VIDEOGAMING ESPORTS?
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 VIDEOGAMING ESPORTS today?
The current stock price of ESPO is 113.69 USD. The price increased by 1.25% in the last trading session.
How is the ChartMill rating for VANECK VIDEOGAMING ESPORTS?
ESPO has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
Should I buy ESPO stock?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on ESPO.