VANECK IG FLOATING RATE ETF (FLTR) Stock Price, Forecast & Analysis
USA - NYSEARCA:FLTR - US92189F4862 - ETF
25.51 USD
+0.02 (+0.08%)
25.5486 USD
+0.04 (+0.15%)
Taking everything into account, FLTR scores 5 out of 10 in our fundamental rating. FLTR was compared to 82 industry peers in the Automobile Components industry. Both the profitability and the financial health of FLTR get a neutral evaluation. Nothing too spectacular is happening here. FLTR is not valued too expensively and it also shows a decent growth rate. FLTR also has an excellent dividend rating. These ratings would make FLTR suitable for dividend investing!
1. Profitability
1.1 Basic Checks
FLTR had positive earnings in the past year.
FLTR had a positive operating cash flow in the past year.
Each year in the past 5 years FLTR has been profitable.
FLTR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FLTR's Return On Assets of 4.39% is fine compared to the rest of the industry. FLTR outperforms 70.73% of its industry peers.
FLTR has a Return On Equity of 8.81%. This is in the better half of the industry: FLTR outperforms 71.95% of its industry peers.
The Return On Invested Capital of FLTR (8.17%) is better than 68.29% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FLTR 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
The Profit Margin of FLTR (5.84%) is better than 74.39% of its industry peers.
FLTR's Profit Margin has been stable in the last couple of years.
With a decent Operating Margin value of 10.65%, FLTR is doing good in the industry, outperforming 75.61% of the companies in the same industry.
FLTR's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 27.60%, FLTR is in the better half of the industry, outperforming 67.07% of the companies in the same industry.
FLTR'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 FLTR is still creating some value.
The number of shares outstanding for FLTR has been reduced compared to 1 year ago.
The number of shares outstanding for FLTR has been reduced compared to 5 years ago.
Compared to 1 year ago, FLTR has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.40 indicates that FLTR is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of FLTR (2.40) is comparable to the rest of the industry.
FLTR has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as FLTR would need 6.05 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 6.05, FLTR is doing good in the industry, outperforming 62.20% of the companies in the same industry.
A Debt/Equity ratio of 0.32 indicates that FLTR is not too dependend on debt financing.
FLTR's Debt to Equity ratio of 0.32 is fine compared to the rest of the industry. FLTR outperforms 62.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.4 |
ROIC/WACC1.22
WACC6.71%
2.3 Liquidity
A Current Ratio of 1.80 indicates that FLTR should not have too much problems paying its short term obligations.
With a Current ratio value of 1.80, FLTR perfoms like the industry average, outperforming 53.66% of the companies in the same industry.
FLTR has a Quick Ratio of 1.12. This is a normal value and indicates that FLTR is financially healthy and should not expect problems in meeting its short term obligations.
FLTR 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
FLTR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
FLTR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.64% yearly.
FLTR shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
Measured over the past years, FLTR 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 11.26% on average over the next years. This is quite good.
FLTR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.85% yearly.
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 5Y2.85%
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
The Price/Earnings ratio is 10.04, which indicates a very decent valuation of FLTR.
Based on the Price/Earnings ratio, FLTR is valued a bit cheaper than the industry average as 74.39% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.89. FLTR is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 7.07 indicates a rather cheap valuation of FLTR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FLTR indicates a somewhat cheap valuation: FLTR is cheaper than 79.27% of the companies listed in the same industry.
FLTR is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.04 | ||
| Fwd PE | 7.07 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FLTR indicates a rather cheap valuation: FLTR is cheaper than 80.49% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, FLTR is valued a bit cheaper than 65.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.5 | ||
| EV/EBITDA | 3.94 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of FLTR may justify a higher PE ratio.
PEG (NY)13.58
PEG (5Y)6.11
EPS Next 2Y8.86%
EPS Next 3Y11.26%
5. Dividend
5.1 Amount
FLTR has a Yearly Dividend Yield of 4.89%, which is a nice return.
FLTR's Dividend Yield is a higher than the industry average which is at 4.29.
Compared to an average S&P500 Dividend Yield of 2.36, FLTR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.89% |
5.2 History
On average, the dividend of FLTR grows each year by 7.84%, which is quite nice.
FLTR has paid a dividend for at least 10 years, which is a reliable 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 FLTR. This is not a sustainable payout ratio.
FLTR'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:FLTR (11/14/2025, 8:04:00 PM)
After market: 25.5486 +0.04 (+0.15%)25.51
+0.02 (+0.08%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change-6.09%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap18.00B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target29.25 (14.66%)
Short Float %0.04%
Short Ratio0.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.89% |
Yearly Dividend1.56
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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)-6.21%
PT rev (3m)-6.28%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-16.83%
EPS NY rev (3m)-25.57%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.93%
Revenue NY rev (3m)-3.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.04 | ||
| Fwd PE | 7.07 | ||
| P/S | 0.58 | ||
| P/FCF | 12.5 | ||
| P/OCF | 4.58 | ||
| P/B | 0.87 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | 3.94 |
EPS(TTM)2.54
EY9.96%
EPS(NY)3.61
Fwd EY14.14%
FCF(TTM)2.04
FCFY8%
OCF(TTM)5.57
OCFY21.83%
SpS44.02
BVpS29.18
TBVpS21.48
PEG (NY)13.58
PEG (5Y)6.11
Graham Number40.84
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 | 2.4 |
F-Score5
WACC6.71%
ROIC/WACC1.22
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 5Y2.85%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year59.12%
EBIT Next 3Y22.78%
EBIT Next 5Y17.06%
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 IG FLOATING RATE ETF / FLTR FAQ
What does FLTR 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 current price of FLTR stock?
The current stock price of FLTR is 25.51 USD. The price increased by 0.08% in the last trading session.
What is the ChartMill rating of VANECK IG FLOATING RATE ETF stock?
FLTR has a ChartMill Technical rating of 4 out of 10 and a ChartMill Fundamental rating of 5 out of 10.