VANECK NATURAL RESOURCES ETF (HAP) Stock Overview
USA - NYSEARCA:HAP - US92189F8418 - ETF
55.8974 USD
-0.22 (-0.4%)
HAP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 80 industry peers in the Automobile Components industry. HAP has only an average score on both its financial health and profitability. HAP is not valued too expensively and it also shows a decent growth rate. HAP also has an excellent dividend rating. These ratings would make HAP suitable for dividend investing!
1. Profitability
1.1 Basic Checks
HAP had positive earnings in the past year.
In the past year HAP had a positive cash flow from operations.
HAP had positive earnings in each of the past 5 years.
Each year in the past 5 years HAP had a positive operating cash flow.
1.2 Ratios
HAP's Return On Assets of 4.39% is in line compared to the rest of the industry. HAP outperforms 56.25% of its industry peers.
The Return On Equity of HAP (8.81%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 8.17%, HAP perfoms like the industry average, outperforming 52.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for HAP 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
HAP has a Profit Margin of 5.84%. This is comparable to the rest of the industry: HAP outperforms 58.75% of its industry peers.
In the last couple of years the Profit Margin of HAP has remained more or less at the same level.
HAP has a Operating Margin (10.65%) which is in line with its industry peers.
HAP's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 27.60%, HAP is in line with its industry, outperforming 52.50% of the companies in the same industry.
HAP'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), HAP is creating some value.
HAP has less shares outstanding than it did 1 year ago.
HAP has less shares outstanding than it did 5 years ago.
HAP has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.02 indicates that HAP is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.02, HAP is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
HAP has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as HAP would need 6.05 years to pay back of all of its debts.
HAP has a Debt to FCF ratio (6.05) which is in line with its industry peers.
HAP has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.32, HAP perfoms like the industry average, outperforming 47.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 3.02 |
ROIC/WACC1.14
WACC7.15%
2.3 Liquidity
A Current Ratio of 1.80 indicates that HAP should not have too much problems paying its short term obligations.
HAP's Current ratio of 1.80 is on the low side compared to the rest of the industry. HAP is outperformed by 63.75% of its industry peers.
A Quick Ratio of 1.12 indicates that HAP should not have too much problems paying its short term obligations.
HAP has a Quick ratio of 1.12. This is in the lower half of the industry: HAP underperforms 65.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
HAP 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.
HAP shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
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
Based on estimates for the next years, HAP will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.31% on average per year.
Based on estimates for the next years, HAP will show a small growth in Revenue. The Revenue will grow by 2.56% on average per year.
EPS Next Y22.75%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
EPS Next 5YN/A
Revenue Next Year-1.64%
Revenue Next 2Y0.47%
Revenue Next 3Y1.52%
Revenue Next 5Y2.56%
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
With a Price/Earnings ratio of 21.83, HAP is valued on the expensive side.
The rest of the industry has a similar Price/Earnings ratio as HAP.
HAP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.30.
With a Price/Forward Earnings ratio of 12.79, HAP is valued correctly.
HAP's Price/Forward Earnings is on the same level as the industry average.
HAP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.83 | ||
| Fwd PE | 12.79 |
4.2 Price Multiples
HAP's Enterprise Value to EBITDA is on the same level as the industry average.
HAP's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.23 | ||
| EV/EBITDA | 7.75 |
4.3 Compensation for Growth
HAP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as HAP's earnings are expected to grow with 16.31% in the coming years.
PEG (NY)0.96
PEG (5Y)13.29
EPS Next 2Y19.47%
EPS Next 3Y16.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.38%, HAP is a good candidate for dividend investing.
HAP's Dividend Yield is rather good when compared to the industry average which is at 3.98. HAP pays more dividend than 86.25% of the companies in the same industry.
HAP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.38% |
5.2 History
The dividend of HAP is nicely growing with an annual growth rate of 7.84%!
HAP 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
HAP pays out 62.40% of its income as dividend. This is not a sustainable payout ratio.
The dividend of HAP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.4%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
NYSEARCA:HAP (9/12/2025, 8:04:00 PM)
55.8974
-0.22 (-0.4%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners39.91%
Inst Owner Change-0.17%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap39.45B
Analysts80.87
Price Target67.5 (20.76%)
Short Float %0%
Short Ratio0.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.38% |
Yearly Dividend1.59
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years0
Div Non Decr Years0
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)1.36%
PT rev (3m)10.36%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-9.31%
EPS NY rev (3m)-9.31%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)-2.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.83 | ||
| Fwd PE | 12.79 | ||
| P/S | 1.26 | ||
| P/FCF | 27.23 | ||
| P/OCF | 9.98 | ||
| P/B | 1.9 | ||
| P/tB | 2.59 | ||
| EV/EBITDA | 7.75 |
EPS(TTM)2.56
EY4.58%
EPS(NY)4.37
Fwd EY7.82%
FCF(TTM)2.05
FCFY3.67%
OCF(TTM)5.6
OCFY10.02%
SpS44.27
BVpS29.34
TBVpS21.6
PEG (NY)0.96
PEG (5Y)13.29
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 | 3.02 |
F-Score5
WACC7.15%
ROIC/WACC1.14
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 Y22.75%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-1.64%
Revenue Next 2Y0.47%
Revenue Next 3Y1.52%
Revenue Next 5Y2.56%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year66.93%
EBIT Next 3Y23.28%
EBIT Next 5Y17.51%
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%