60.492 USD
-0.12 (-0.19%)
We assign a fundamental rating of 5 out of 10 to HAP. HAP was compared to 82 industry peers in the Automobile Components industry. HAP has an average financial health and profitability rating. HAP is valied quite expensively at the moment, while it does show a decent growth rate. Finally HAP also has an excellent dividend rating. These ratings would make HAP suitable for dividend investing!
1. Profitability
1.1 Basic Checks
In the past year HAP was profitable.
In the past year HAP had a positive cash flow from operations.
In the past 5 years HAP has always been profitable.
In the past 5 years HAP always reported a positive cash flow from operatings.
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.
HAP has a Return On Equity of 8.81%. This is comparable to the rest of the industry: HAP outperforms 57.32% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.17%, HAP is in line with its industry, outperforming 54.88% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for HAP is in line with the industry average of 8.62%.
| 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
The Profit Margin of HAP (5.84%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of HAP has remained more or less at the same level.
With a decent Operating Margin value of 10.65%, HAP is doing good in the industry, outperforming 60.98% of the companies in the same industry.
HAP's Operating Margin has been stable in the last couple of years.
HAP has a Gross Margin of 27.60%. This is comparable to the rest of the industry: HAP outperforms 52.44% of its industry peers.
In the last couple of years the Gross Margin of HAP 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
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.
The number of shares outstanding for HAP has been reduced compared to 5 years ago.
HAP has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.11 indicates that HAP is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 3.11, HAP is doing good in the industry, outperforming 68.29% 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.
Looking at the Debt to FCF ratio, with a value of 6.05, HAP is in line with its industry, outperforming 48.78% of the companies in the same industry.
HAP has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.32, HAP is in line with its industry, outperforming 47.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 3.11 |
ROIC/WACC1.11
WACC7.37%
2.3 Liquidity
HAP has a Current Ratio of 1.80. 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 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 Quick ratio of 1.12. This is in the lower half of the industry: HAP underperforms 62.20% 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%.
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 11.17% 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 3.23% on average per year.
EPS Next Y0.52%
EPS Next 2Y8.73%
EPS Next 3Y11.17%
EPS Next 5YN/A
Revenue Next Year-4.91%
Revenue Next 2Y-1.32%
Revenue Next 3Y0.38%
Revenue Next 5Y3.23%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 23.54, HAP is valued on the expensive side.
Based on the Price/Earnings ratio, HAP is valued a bit more expensive than the industry average as 60.98% of the companies are valued more cheaply.
HAP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.26, which is the current average of the S&P500 Index.
HAP is valuated correctly with a Price/Forward Earnings ratio of 16.66.
60.98% of the companies in the same industry are cheaper than HAP, based on the Price/Forward Earnings ratio.
HAP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.54 | ||
| Fwd PE | 16.66 |
4.2 Price Multiples
HAP's Enterprise Value to EBITDA ratio is in line with the industry average.
HAP's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.57 | ||
| EV/EBITDA | 8.34 |
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)45.7
PEG (5Y)14.33
EPS Next 2Y8.73%
EPS Next 3Y11.17%
5. Dividend
5.1 Amount
HAP has a Yearly Dividend Yield of 4.95%, which is a nice return.
Compared to an average industry Dividend Yield of 2.57, HAP pays a better dividend. On top of this HAP pays more dividend than 87.80% of the companies listed in the same industry.
HAP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.95% |
5.2 History
On average, the dividend of HAP grows each year by 7.84%, which is quite nice.
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 2Y8.73%
EPS Next 3Y11.17%
NYSEARCA:HAP (12/18/2025, 6:40:00 PM)
60.492
-0.12 (-0.19%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.46%
Inst Owner Change-2.42%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap42.98B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts78.33
Price Target70.04 (15.78%)
Short Float %0%
Short Ratio0.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.95% |
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)6.31%
PT rev (3m)3.75%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.22%
EPS NY rev (3m)-18.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-3.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.54 | ||
| Fwd PE | 16.66 | ||
| P/S | 1.37 | ||
| P/FCF | 29.57 | ||
| P/OCF | 10.84 | ||
| P/B | 2.07 | ||
| P/tB | 2.81 | ||
| EV/EBITDA | 8.34 |
EPS(TTM)2.57
EY4.25%
EPS(NY)3.63
Fwd EY6%
FCF(TTM)2.05
FCFY3.38%
OCF(TTM)5.58
OCFY9.23%
SpS44.12
BVpS29.24
TBVpS21.52
PEG (NY)45.7
PEG (5Y)14.33
Graham Number41.12
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 | 3.11 |
F-Score5
WACC7.37%
ROIC/WACC1.11
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 Y0.52%
EPS Next 2Y8.73%
EPS Next 3Y11.17%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-4.91%
Revenue Next 2Y-1.32%
Revenue Next 3Y0.38%
Revenue Next 5Y3.23%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year41.54%
EBIT Next 3Y18.8%
EBIT Next 5Y16.72%
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 60.492 USD. The price decreased by -0.19% in the last trading session.
What is the ChartMill rating of VANECK NATURAL RESOURCES ETF stock?
HAP has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 5 out of 10.