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VANECK GREEN BOND ETF (GRNB) Stock Price, Forecast & Analysis

USA - NYSE Arca - NYSEARCA:GRNB - US92189F1710 - ETF

24.42 USD
+0.06 (+0.23%)
Last: 11/21/2025, 8:04:00 PM
Fundamental Rating

6

Taking everything into account, GRNB scores 6 out of 10 in our fundamental rating. GRNB was compared to 82 industry peers in the Automobile Components industry. Both the profitability and the financial health of GRNB get a neutral evaluation. Nothing too spectacular is happening here. GRNB scores decently on growth, while it is valued quite cheap. This could make an interesting combination. GRNB also has an excellent dividend rating. With these ratings, GRNB could be worth investigating further for value and dividend investing!.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

In the past year GRNB was profitable.
GRNB had a positive operating cash flow in the past year.
GRNB had positive earnings in each of the past 5 years.
In the past 5 years GRNB always reported a positive cash flow from operatings.
GRNB Yearly Net Income VS EBIT VS OCF VS FCFGRNB Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B 5B

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 71.95% of the companies in the same industry.
The Return On Equity of GRNB (8.81%) is better than 73.17% of its industry peers.
With a decent Return On Invested Capital value of 8.17%, GRNB is doing good in the industry, outperforming 70.73% 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 8.55%.
Industry RankSector 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%
GRNB Yearly ROA, ROE, ROICGRNB Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

GRNB's Profit Margin of 5.84% is fine compared to the rest of the industry. GRNB outperforms 75.61% of its industry peers.
In the last couple of years the Profit Margin of GRNB has remained more or less at the same level.
GRNB's Operating Margin of 10.65% is fine compared to the rest of the industry. GRNB outperforms 76.83% 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's Gross Margin of 27.60% is fine compared to the rest of the industry. GRNB outperforms 68.29% 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 RankSector 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%
GRNB Yearly Profit, Operating, Gross MarginsGRNB Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

5

2. Health

2.1 Basic Checks

Compared to 1 year ago, GRNB has less shares outstanding
Compared to 5 years ago, GRNB has less shares outstanding
Compared to 1 year ago, GRNB has a worse debt to assets ratio.
GRNB Yearly Shares OutstandingGRNB Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
GRNB Yearly Total Debt VS Total AssetsGRNB Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.2 Solvency

GRNB has an Altman-Z score of 2.39. 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 (2.39) which is in line with its industry peers.
GRNB has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as GRNB would need 6.05 years to pay back of all of its debts.
GRNB's Debt to FCF ratio of 6.05 is fine compared to the rest of the industry. GRNB outperforms 63.41% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that GRNB is not too dependend on debt financing.
GRNB's Debt to Equity ratio of 0.32 is fine compared to the rest of the industry. GRNB outperforms 63.41% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 6.05
Altman-Z 2.39
ROIC/WACCN/A
WACCN/A
GRNB Yearly LT Debt VS Equity VS FCFGRNB Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B

2.3 Liquidity

A Current Ratio of 1.80 indicates that GRNB should not have too much problems paying its short term obligations.
GRNB has a Current ratio (1.80) which is comparable to the rest of the industry.
A Quick Ratio of 1.12 indicates that GRNB should not have too much problems paying its short term obligations.
GRNB has a Quick ratio (1.12) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.8
Quick Ratio 1.12
GRNB Yearly Current Assets VS Current LiabilitesGRNB Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

4

3. Growth

3.1 Past

The earnings per share for GRNB have decreased strongly by -18.28% in the last year.
GRNB 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.
The Revenue has been growing slightly by 2.41% on average over the past years.
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.
Based on estimates for the next years, GRNB will show a small growth in Revenue. The Revenue will grow by 2.85% on average per year.
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

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.
GRNB Yearly Revenue VS EstimatesGRNB Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 10B 20B 30B
GRNB Yearly EPS VS EstimatesGRNB Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

7

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 9.69 indicates a reasonable valuation of GRNB.
Based on the Price/Earnings ratio, GRNB is valued a bit cheaper than the industry average as 73.17% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.45. GRNB is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 6.83, the valuation of GRNB can be described as very cheap.
Based on the Price/Forward Earnings ratio, GRNB is valued cheaper than 80.49% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.46, GRNB is valued rather cheaply.
Industry RankSector Rank
PE 9.69
Fwd PE 6.83
GRNB Price Earnings VS Forward Price EarningsGRNB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

GRNB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. GRNB is cheaper than 80.49% of the companies in the same industry.
GRNB's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. GRNB is cheaper than 65.85% of the companies in the same industry.
Industry RankSector Rank
P/FCF 12.26
EV/EBITDA 3.88
GRNB Per share dataGRNB EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GRNB does not grow enough to justify the current Price/Earnings ratio.
GRNB has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)13.1
PEG (5Y)5.9
EPS Next 2Y8.86%
EPS Next 3Y11.26%

7

5. Dividend

5.1 Amount

GRNB has a Yearly Dividend Yield of 5.10%, which is a nice return.
Compared to an average industry Dividend Yield of 4.44, GRNB pays a bit more dividend than its industry peers.
GRNB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
Industry RankSector Rank
Dividend Yield 5.1%

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
GRNB Yearly Dividends per shareGRNB Yearly Dividends per shareYearly Dividends per share 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

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 2Y8.86%
EPS Next 3Y11.26%
GRNB Yearly Income VS Free CF VS DividendGRNB Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B
GRNB Dividend Payout.GRNB Dividend Payout, showing the Payout Ratio.GRNB Dividend Payout.PayoutRetained Earnings

VANECK GREEN BOND ETF

NYSEARCA:GRNB (11/21/2025, 8:04:00 PM)

24.42

+0.06 (+0.23%)

Chartmill FA Rating
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)07-24 2025-07-24/amc
Earnings (Next)02-22 2026-02-22/amc
Inst Owners46.28%
Inst Owner Change4.88%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap17.23B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target27.65 (13.23%)
Short Float %0.01%
Short Ratio1.68
Dividend
Industry RankSector Rank
Dividend Yield 5.1%
Yearly Dividend1.56
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years3
Div Non Decr Years3
Ex-Date11-03 2025-11-03 (0.0879)
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)-6.96%
PT rev (3m)-6.9%
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 RankSector Rank
PE 9.69
Fwd PE 6.83
P/S 0.57
P/FCF 12.26
P/OCF 4.49
P/B 0.86
P/tB 1.17
EV/EBITDA 3.88
EPS(TTM)2.52
EY10.32%
EPS(NY)3.58
Fwd EY14.64%
FCF(TTM)1.99
FCFY8.15%
OCF(TTM)5.43
OCFY22.25%
SpS42.94
BVpS28.46
TBVpS20.95
PEG (NY)13.1
PEG (5Y)5.9
Graham Number40.17
Profitability
Industry RankSector 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 RankSector 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 2.39
F-Score5
WACCN/A
ROIC/WACCN/A
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 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 24.42 USD. The price increased by 0.23% in the last trading session.


How is the ChartMill rating for VANECK GREEN BOND ETF?

GRNB has a ChartMill Technical rating of 4 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.