VANECK IG FLOATING RATE ETF (FLTR) Stock Overview
USA - NYSEARCA:FLTR - US92189F4862 - ETF
25.48 USD
-0.02 (-0.08%)
25.4674 USD
-0.01 (-0.05%)
Taking everything into account, FLTR scores 6 out of 10 in our fundamental rating. FLTR was compared to 81 industry peers in the Automobile Components industry. FLTR has an average financial health and profitability rating. A decent growth rate in combination with a cheap valuation! Better keep an eye on FLTR. FLTR also has an excellent dividend rating. With these ratings, FLTR could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
In the past year FLTR was profitable.
FLTR had a positive operating cash flow in the past year.
Each year in the past 5 years FLTR has been profitable.
In the past 5 years FLTR always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of FLTR (4.39%) is better than 70.37% of its industry peers.
The Return On Equity of FLTR (8.81%) is better than 69.14% of its industry peers.
With a decent Return On Invested Capital value of 8.17%, FLTR is doing good in the industry, outperforming 67.90% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FLTR is in line with the industry average of 8.51%.
| 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 74.07% of its industry peers.
In the last couple of years the Profit Margin of FLTR has remained more or less at the same level.
With a decent Operating Margin value of 10.65%, FLTR is doing good in the industry, outperforming 75.31% of the companies in the same industry.
FLTR's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 27.60%, FLTR is doing good in the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Gross Margin of FLTR 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 FLTR is still creating some value.
Compared to 1 year ago, FLTR has less shares outstanding
The number of shares outstanding for FLTR has been reduced compared to 5 years ago.
The debt/assets ratio for FLTR is higher compared to a year ago.
2.2 Solvency
FLTR has an Altman-Z score of 2.40. This is not the best score and indicates that FLTR is in the grey zone with still 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.
FLTR has a better Debt to FCF ratio (6.05) than 60.49% of its industry peers.
FLTR has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.32, FLTR is in the better half of the industry, outperforming 62.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.4 |
ROIC/WACC1.23
WACC6.64%
2.3 Liquidity
A Current Ratio of 1.80 indicates that FLTR should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.80, FLTR is in line with its industry, outperforming 51.85% 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's Quick ratio of 1.12 is in line compared to the rest of the industry. FLTR outperforms 50.62% of 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%.
Measured over the past 5 years, FLTR shows a small growth in Earnings Per Share. The EPS has been growing by 1.64% on average per year.
Looking at the last year, FLTR shows a decrease in Revenue. The Revenue has decreased by -3.62% in the last year.
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 15.63% on average over the next years. This is quite good.
Based on estimates for the next years, FLTR 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
The Price/Earnings ratio is 10.07, which indicates a very decent valuation of FLTR.
Compared to the rest of the industry, the Price/Earnings ratio of FLTR indicates a somewhat cheap valuation: FLTR is cheaper than 72.84% of the companies listed in the same industry.
FLTR is valuated cheaply when we compare the Price/Earnings ratio to 27.02, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 6.00 indicates a rather cheap valuation of FLTR.
FLTR's Price/Forward Earnings ratio is rather cheap when compared to the industry. FLTR is cheaper than 80.25% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.57, FLTR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.07 | ||
| Fwd PE | 6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FLTR is valued cheaply inside the industry as 80.25% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, FLTR is valued a bit cheaper than 65.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.54 | ||
| EV/EBITDA | 3.96 |
4.3 Compensation for Growth
FLTR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FLTR has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as FLTR's earnings are expected to grow with 15.63% in the coming years.
PEG (NY)0.48
PEG (5Y)6.13
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.65%, FLTR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.12, FLTR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.43, FLTR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.65% |
5.2 History
The dividend of FLTR is nicely growing with an annual growth rate of 7.84%!
FLTR has been paying a dividend for at least 10 years, so it has 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.
The dividend of FLTR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.4%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
NYSEARCA:FLTR (10/10/2025, 9:27:33 PM)
After market: 25.4674 -0.01 (-0.05%)25.48
-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-0.02%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap17.98B
Analysts80
Price Target31.18 (22.37%)
Short Float %0.04%
Short Ratio0.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.65% |
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)5.69%
PT rev (3m)8.69%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.32%
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 | 10.07 | ||
| Fwd PE | 6 | ||
| P/S | 0.58 | ||
| P/FCF | 12.54 | ||
| P/OCF | 4.6 | ||
| P/B | 0.88 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | 3.96 |
EPS(TTM)2.53
EY9.93%
EPS(NY)4.24
Fwd EY16.66%
FCF(TTM)2.03
FCFY7.98%
OCF(TTM)5.55
OCFY21.76%
SpS43.83
BVpS29.05
TBVpS21.38
PEG (NY)0.48
PEG (5Y)6.13
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)10.37%
ROICexc(5y)9.81%
ROICexgc(3y)12.78%
ROICexgc(5y)12.13%
ROCE(3y)11.87%
ROCE(5y)10.97%
ROICexcg growth 3Y-1.65%
ROICexcg growth 5Y0.27%
ROICexc growth 3Y-2.16%
ROICexc growth 5Y0.21%
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
WACC6.64%
ROIC/WACC1.23
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%