VANECK INDIA GROWTH LEADERS (GLIN) Stock Overview
USA - NYSEARCA:GLIN - US92189F7675 - ETF
46.19 USD
-0.23 (-0.5%)
Taking everything into account, GLIN scores 5 out of 10 in our fundamental rating. GLIN was compared to 83 industry peers in the Automobile Components industry. GLIN has an average financial health and profitability rating. GLIN has a correct valuation and a medium growth rate. GLIN also has an excellent dividend rating. These ratings could make GLIN a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
In the past year GLIN was profitable.
In the past year GLIN had a positive cash flow from operations.
Each year in the past 5 years GLIN has been profitable.
In the past 5 years GLIN always reported a positive cash flow from operatings.
1.2 Ratios
GLIN's Return On Assets of 4.39% is fine compared to the rest of the industry. GLIN outperforms 60.24% of its industry peers.
The Return On Equity of GLIN (8.81%) is comparable to the rest of the industry.
The Return On Invested Capital of GLIN (8.17%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for GLIN 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
GLIN's Profit Margin of 5.84% is fine compared to the rest of the industry. GLIN outperforms 63.86% of its industry peers.
GLIN's Profit Margin has been stable in the last couple of years.
The Operating Margin of GLIN (10.65%) is better than 65.06% of its industry peers.
In the last couple of years the Operating Margin of GLIN has remained more or less at the same level.
The Gross Margin of GLIN (27.60%) is comparable to the rest of the industry.
GLIN'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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GLIN is creating some value.
Compared to 1 year ago, GLIN has less shares outstanding
The number of shares outstanding for GLIN has been reduced compared to 5 years ago.
Compared to 1 year ago, GLIN has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.82 indicates that GLIN is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.82, GLIN is doing good in the industry, outperforming 62.65% of the companies in the same industry.
The Debt to FCF ratio of GLIN is 6.05, which is on the high side as it means it would take GLIN, 6.05 years of fcf income to pay off all of its debts.
GLIN's Debt to FCF ratio of 6.05 is in line compared to the rest of the industry. GLIN outperforms 50.60% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that GLIN is not too dependend on debt financing.
GLIN has a Debt to Equity ratio (0.32) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.82 |
ROIC/WACC1.13
WACC7.25%
2.3 Liquidity
GLIN has a Current Ratio of 1.80. This is a normal value and indicates that GLIN is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of GLIN (1.80) is comparable to the rest of the industry.
A Quick Ratio of 1.12 indicates that GLIN should not have too much problems paying its short term obligations.
GLIN has a Quick ratio (1.12) which 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
GLIN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
The Earnings Per Share has been growing slightly by 1.64% on average over the past years.
Looking at the last year, GLIN shows a decrease in Revenue. The Revenue has decreased by -3.62% in the last year.
GLIN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.41% yearly.
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.
The Revenue is expected to grow by 2.47% on average over the next years.
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.
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
The Price/Earnings ratio is 18.11, which indicates a rather expensive current valuation of GLIN.
GLIN's Price/Earnings is on the same level as the industry average.
GLIN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.76.
A Price/Forward Earnings ratio of 10.82 indicates a reasonable valuation of GLIN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GLIN is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of GLIN to the average of the S&P500 Index (22.63), we can say GLIN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.11 | ||
| Fwd PE | 10.82 |
4.2 Price Multiples
GLIN's Enterprise Value to EBITDA ratio is in line with the industry average.
GLIN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.59 | ||
| EV/EBITDA | 6.57 |
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.
The decent profitability rating of GLIN may justify a higher PE ratio.
GLIN's earnings are expected to grow with 15.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.86
PEG (5Y)11.03
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.99%, GLIN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.39, GLIN pays a better dividend. On top of this GLIN pays more dividend than 81.93% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, GLIN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.99% |
5.2 History
On average, the dividend of GLIN grows each year by 7.84%, which is quite nice.
GLIN has paid a dividend for at least 10 years, which is a reliable track record.
GLIN has decreased its dividend recently.
Dividend Growth(5Y)7.84%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
62.40% of the earnings are spent on dividend by GLIN. This is not a sustainable payout ratio.
The dividend of GLIN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.4%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
NYSEARCA:GLIN (10/30/2025, 3:54:46 PM)
46.19
-0.23 (-0.5%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap32.60B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts80
Price Target54.6 (18.21%)
Short Float %0%
Short Ratio0.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.99% |
Yearly Dividend1.57
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years1
Div Non Decr Years1
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)-0.54%
PT rev (3m)-0.74%
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 | 18.11 | ||
| Fwd PE | 10.82 | ||
| P/S | 1.05 | ||
| P/FCF | 22.59 | ||
| P/OCF | 8.28 | ||
| P/B | 1.58 | ||
| P/tB | 2.15 | ||
| EV/EBITDA | 6.57 |
EPS(TTM)2.55
EY5.52%
EPS(NY)4.27
Fwd EY9.24%
FCF(TTM)2.04
FCFY4.43%
OCF(TTM)5.58
OCFY12.08%
SpS44.09
BVpS29.22
TBVpS21.51
PEG (NY)0.86
PEG (5Y)11.03
Graham Number40.95
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 | 2.82 |
F-Score5
WACC7.25%
ROIC/WACC1.13
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 INDIA GROWTH LEADERS / GLIN FAQ
Can you describe the business of VANECK INDIA GROWTH LEADERS?
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 INDIA GROWTH LEADERS?
The current stock price of GLIN is 46.19 USD. The price decreased by -0.5% in the last trading session.
What is the ChartMill technical and fundamental rating of GLIN stock?
GLIN has a ChartMill Technical rating of 6 out of 10 and a ChartMill Fundamental rating of 5 out of 10.
Which stock exchange lists GLIN stock?
GLIN stock is listed on the NYSE Arca exchange.