VANECK GREEN BOND ETF (GRNB) Stock Overview
USA - NYSEARCA:GRNB - US92189F1710 - ETF
24.59 USD
-0.01 (-0.04%)
Taking everything into account, GRNB scores 6 out of 10 in our fundamental rating. GRNB was compared to 83 industry peers in the Automobile Components industry. GRNB has an average financial health and profitability rating. GRNB may be a bit undervalued, certainly considering the very reasonable score on growth GRNB also has an excellent dividend rating. These ratings would make GRNB suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
GRNB had positive earnings in the past year.
In the past year GRNB had a positive cash flow from operations.
GRNB had positive earnings in each of the past 5 years.
GRNB 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%, GRNB is in the better half of the industry, outperforming 72.29% of the companies in the same industry.
The Return On Equity of GRNB (8.81%) is better than 71.08% of its industry peers.
With a decent Return On Invested Capital value of 8.17%, GRNB is doing good in the industry, outperforming 69.88% of the companies in the same industry.
GRNB 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
GRNB has a better Profit Margin (5.84%) than 75.90% of its industry peers.
GRNB's Profit Margin has been stable in the last couple of years.
GRNB has a better Operating Margin (10.65%) than 77.11% of its industry peers.
In the last couple of years the Operating Margin of GRNB has remained more or less at the same level.
GRNB has a Gross Margin of 27.60%. This is in the better half of the industry: GRNB outperforms 68.67% of its industry peers.
In the last couple of years the Gross Margin of GRNB 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
GRNB 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, GRNB has less shares outstanding
The number of shares outstanding for GRNB has been reduced compared to 5 years ago.
The debt/assets ratio for GRNB is higher compared to a year ago.
2.2 Solvency
GRNB has an Altman-Z score of 2.38. This is not the best score and indicates that GRNB is in the grey zone with still only limited risk for bankruptcy at the moment.
GRNB has a Altman-Z score of 2.38. This is comparable to the rest of the industry: GRNB outperforms 45.78% of its industry peers.
The Debt to FCF ratio of GRNB is 6.05, which is on the high side as it means it would take GRNB, 6.05 years of fcf income to pay off all of its debts.
GRNB has a better Debt to FCF ratio (6.05) than 62.65% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that GRNB is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.32, GRNB is doing good in the industry, outperforming 63.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.38 |
ROIC/WACC1.22
WACC6.67%
2.3 Liquidity
GRNB has a Current Ratio of 1.80. This is a normal value and indicates that GRNB is financially healthy and should not expect problems in meeting its short term obligations.
GRNB's Current ratio of 1.80 is in line compared to the rest of the industry. GRNB outperforms 54.22% of its industry peers.
A Quick Ratio of 1.12 indicates that GRNB should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.12, GRNB perfoms like the industry average, outperforming 53.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The earnings per share for GRNB have decreased strongly by -18.28% in the last year.
Measured over the past 5 years, GRNB shows a small growth in Earnings Per Share. The EPS has been growing by 1.64% on average per year.
GRNB shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
Measured over the past years, GRNB 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
Based on estimates for the next years, GRNB will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.63% on average per year.
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.
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
Based on the Price/Earnings ratio of 9.64, the valuation of GRNB can be described as reasonable.
Based on the Price/Earnings ratio, GRNB is valued a bit cheaper than 78.31% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.08, GRNB is valued rather cheaply.
A Price/Forward Earnings ratio of 5.76 indicates a rather cheap valuation of GRNB.
Based on the Price/Forward Earnings ratio, GRNB is valued cheaply inside the industry as 83.13% of the companies are valued more expensively.
GRNB is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.64 | ||
| Fwd PE | 5.76 |
4.2 Price Multiples
GRNB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. GRNB is cheaper than 83.13% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, GRNB is valued a bit cheaper than 68.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.02 | ||
| EV/EBITDA | 3.83 |
4.3 Compensation for Growth
GRNB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
GRNB has a very decent profitability rating, which may justify a higher PE ratio.
GRNB's earnings are expected to grow with 15.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.46
PEG (5Y)5.87
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
GRNB has a Yearly Dividend Yield of 4.99%, which is a nice return.
GRNB's Dividend Yield is a higher than the industry average which is at 4.39.
GRNB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.99% |
5.2 History
On average, the dividend of GRNB grows each year by 7.84%, which is quite nice.
GRNB has been paying a dividend for over 5 years, so it has already some track record.
GRNB 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
GRNB pays out 62.40% of its income as dividend. This is not a sustainable payout ratio.
GRNB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
NYSEARCA:GRNB (10/28/2025, 2:08:10 PM)
24.59
-0.01 (-0.04%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change-9.24%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap17.35B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts80
Price Target29.8 (21.19%)
Short Float %0.01%
Short Ratio2
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-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)0.95%
PT rev (3m)6.08%
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 | 9.64 | ||
| Fwd PE | 5.76 | ||
| P/S | 0.56 | ||
| P/FCF | 12.02 | ||
| P/OCF | 4.41 | ||
| P/B | 0.84 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | 3.83 |
EPS(TTM)2.55
EY10.37%
EPS(NY)4.27
Fwd EY17.37%
FCF(TTM)2.05
FCFY8.32%
OCF(TTM)5.58
OCFY22.69%
SpS44.1
BVpS29.23
TBVpS21.52
PEG (NY)0.46
PEG (5Y)5.87
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 | 2.38 |
F-Score5
WACC6.67%
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 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 GREEN BOND ETF / GRNB FAQ
Can you describe the business of VANECK GREEN BOND 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.
What is the stock price of VANECK GREEN BOND ETF today?
The current stock price of GRNB is 24.59 USD. The price decreased by -0.04% in the last trading session.
How is the ChartMill rating for VANECK GREEN BOND ETF?
GRNB has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 6 out of 10.
Where is VANECK GREEN BOND ETF (GRNB) stock traded?
GRNB stock is listed on the NYSE Arca exchange.