VANECK NATURAL RESOURCES ETF (HAP) Stock Price, Forecast & Analysis
USA - NYSEARCA:HAP - US92189F8418 - ETF
57.19 USD
-0.73 (-1.25%)
Taking everything into account, HAP scores 4 out of 10 in our fundamental rating. HAP was compared to 82 industry peers in the Automobile Components industry. HAP has only an average score on both its financial health and profitability. HAP is quite expensive at the moment. It does show a decent growth rate. Finally HAP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year HAP was profitable.
HAP had a positive operating cash flow in the past year.
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
With a Return On Assets value of 4.39%, HAP perfoms like the industry average, outperforming 56.10% of the companies in the same industry.
The Return On Equity of HAP (8.81%) is comparable to the rest of the industry.
HAP has a Return On Invested Capital of 8.17%. This is comparable to the rest of the industry: HAP outperforms 54.88% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HAP is in line with the industry average of 8.55%.
| 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
With a Profit Margin value of 5.84%, HAP perfoms like the industry average, outperforming 59.76% of the companies in the same industry.
HAP's Profit Margin has been stable in the last couple of years.
HAP's Operating Margin of 10.65% is fine compared to the rest of the industry. HAP outperforms 60.98% of 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 52.44% 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
HAP has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, HAP has less shares outstanding
Compared to 1 year ago, HAP has a worse debt to assets ratio.
2.2 Solvency
HAP has an Altman-Z score of 3.08. This indicates that HAP is financially healthy and has little risk of bankruptcy at the moment.
HAP's Altman-Z score of 3.08 is fine compared to the rest of the industry. HAP outperforms 68.29% of its industry peers.
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's Debt to FCF ratio of 6.05 is in line compared to the rest of the industry. HAP outperforms 47.56% of 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 47.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 3.08 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.80 indicates that HAP should not have too much problems paying its short term obligations.
HAP has a worse Current ratio (1.80) than 60.98% of its industry peers.
HAP has a Quick Ratio of 1.12. This is a normal value and indicates that HAP is financially healthy and should not expect problems in meeting its short term obligations.
HAP has a worse Quick ratio (1.12) than 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The earnings per share for HAP have decreased strongly by -18.28% in the last year.
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%.
Measured over the past years, HAP 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 11.26% on average over the next years. This is quite good.
Based on estimates for the next years, HAP 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.
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 22.52, which indicates a rather expensive current valuation of HAP.
The rest of the industry has a similar Price/Earnings ratio as HAP.
When comparing the Price/Earnings ratio of HAP to the average of the S&P500 Index (25.47), we can say HAP is valued inline with the index average.
With a Price/Forward Earnings ratio of 15.90, HAP is valued correctly.
HAP's Price/Forward Earnings ratio is in line with the industry average.
HAP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.52 | ||
| Fwd PE | 15.9 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HAP is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as HAP.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.55 | ||
| EV/EBITDA | 8.16 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)30.45
PEG (5Y)13.71
EPS Next 2Y8.86%
EPS Next 3Y11.26%
5. Dividend
5.1 Amount
HAP has a Yearly Dividend Yield of 4.77%, which is a nice return.
HAP's Dividend Yield is rather good when compared to the industry average which is at 4.20. HAP pays more dividend than 86.59% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, HAP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.77% |
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
62.40% of the earnings are spent on dividend by HAP. This is not a sustainable payout ratio.
HAP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
NYSEARCA:HAP (11/20/2025, 2:42:25 PM)
57.19
-0.73 (-1.25%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change-2.42%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap0
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target65.35 (14.27%)
Short Float %0%
Short Ratio0.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.77% |
Yearly Dividend1.58
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)-6.24%
PT rev (3m)1.15%
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.52 | ||
| Fwd PE | 15.9 | ||
| P/S | 1.32 | ||
| P/FCF | 28.55 | ||
| P/OCF | 10.46 | ||
| P/B | 2 | ||
| P/tB | 2.71 | ||
| EV/EBITDA | 8.16 |
EPS(TTM)2.54
EY4.44%
EPS(NY)3.6
Fwd EY6.29%
FCF(TTM)2
FCFY3.5%
OCF(TTM)5.47
OCFY9.56%
SpS43.2
BVpS28.63
TBVpS21.08
PEG (NY)30.45
PEG (5Y)13.71
Graham Number40.45
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 | 3.08 |
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 NATURAL RESOURCES ETF / HAP FAQ
Can you describe the business of VANECK NATURAL RESOURCES 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.
Can you provide the latest stock price for VANECK NATURAL RESOURCES ETF?
The current stock price of HAP is 57.19 USD. The price decreased by -1.25% in the last trading session.
What is the ChartMill rating of VANECK NATURAL RESOURCES ETF stock?
HAP has a ChartMill Technical rating of 9 out of 10 and a ChartMill Fundamental rating of 4 out of 10.