VANECK NATURAL RESOURCES ETF (HAP) Stock Overview
USA - NYSEARCA:HAP - US92189F8418 - ETF
57.5518 USD
+0.38 (+0.66%)
Taking everything into account, HAP scores 5 out of 10 in our fundamental rating. HAP was compared to 81 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. This makes HAP very considerable 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
Looking at the Return On Assets, with a value of 4.39%, HAP is in line with its industry, outperforming 55.56% of the companies in the same industry.
HAP's Return On Equity of 8.81% is in line compared to the rest of the industry. HAP outperforms 54.32% of its industry peers.
HAP has a Return On Invested Capital of 8.17%. This is comparable to the rest of the industry: HAP outperforms 53.09% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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
With a Profit Margin value of 5.84%, HAP perfoms like the industry average, outperforming 59.26% of the companies in the same industry.
HAP's Profit Margin has been stable in the last couple of years.
HAP has a better Operating Margin (10.65%) than 60.49% of its industry peers.
In the last couple of years the Operating Margin of HAP has remained more or less at the same level.
HAP's Gross Margin of 27.60% is in line compared to the rest of the industry. HAP outperforms 51.85% of its industry peers.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so HAP is still 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.
The debt/assets ratio for HAP is higher compared to a year ago.
2.2 Solvency
HAP has an Altman-Z score of 3.04. This indicates that HAP is financially healthy and has little risk of bankruptcy at the moment.
HAP has a better Altman-Z score (3.04) than 67.90% of its industry peers.
The Debt to FCF ratio of HAP is 6.05, which is on the high side as it means it would take HAP, 6.05 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.05, HAP is in line with its industry, outperforming 45.68% of the companies in the same industry.
A Debt/Equity ratio of 0.32 indicates that HAP is not too dependend on debt financing.
HAP has a Debt to Equity ratio (0.32) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 3.04 |
ROIC/WACC1.12
WACC7.32%
2.3 Liquidity
A Current Ratio of 1.80 indicates that HAP should not have too much problems paying its short term obligations.
With a Current ratio value of 1.80, HAP is not doing good in the industry: 62.96% of the companies in the same industry are doing better.
A Quick Ratio of 1.12 indicates that HAP should not have too much problems paying its short term obligations.
HAP has a worse Quick ratio (1.12) than 64.20% 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%.
HAP 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
HAP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.63% yearly.
HAP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.47% yearly.
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
A Price/Earnings ratio of 22.39 indicates a rather expensive valuation of HAP.
Based on the Price/Earnings ratio, HAP is valued a bit more expensive than 61.73% of the companies in the same industry.
HAP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.86, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 13.37, the valuation of HAP can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as HAP.
When comparing the Price/Forward Earnings ratio of HAP to the average of the S&P500 Index (23.32), we can say HAP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.39 | ||
| Fwd PE | 13.37 |
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 | 27.92 | ||
| EV/EBITDA | 7.9 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as HAP's earnings are expected to grow with 15.63% in the coming years.
PEG (NY)1.06
PEG (5Y)13.63
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.41%, HAP is a good candidate for dividend investing.
HAP's Dividend Yield is rather good when compared to the industry average which is at 3.93. HAP pays more dividend than 85.19% of the companies in the same industry.
HAP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.41% |
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.
The dividend of HAP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.4%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
NYSEARCA:HAP (10/3/2025, 8:04:00 PM)
57.5518
+0.38 (+0.66%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change0%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap40.62B
Analysts80
Price Target69.7 (21.11%)
Short Float %0%
Short Ratio0.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.41% |
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)11.59%
PT rev (3m)23.15%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.32%
EPS NY rev (3m)-10.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.37%
Revenue NY rev (3m)-2.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.39 | ||
| Fwd PE | 13.37 | ||
| P/S | 1.29 | ||
| P/FCF | 27.92 | ||
| P/OCF | 10.23 | ||
| P/B | 1.95 | ||
| P/tB | 2.65 | ||
| EV/EBITDA | 7.9 |
EPS(TTM)2.57
EY4.47%
EPS(NY)4.31
Fwd EY7.48%
FCF(TTM)2.06
FCFY3.58%
OCF(TTM)5.62
OCFY9.77%
SpS44.46
BVpS29.47
TBVpS21.69
PEG (NY)1.06
PEG (5Y)13.63
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 | 3.04 |
F-Score5
WACC7.32%
ROIC/WACC1.12
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%