VANECK INDONESIA INDEX ETF (IDX) Stock Overview
NYSEARCA:IDX - US92189F8335 - ETF
15.42 USD
-0.33 (-2.1%)
15.73 USD
+0.31 (+2.01%)
We assign a fundamental rating of 6 out of 10 to IDX. IDX was compared to 80 industry peers in the Automobile Components industry. IDX scores excellent on profitability, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on IDX. These ratings could make IDX a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year IDX was profitable.
IDX had a positive operating cash flow in the past year.
In the past 5 years IDX has always been profitable.
IDX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
IDX's Return On Assets of 4.39% is amongst the best of the industry. IDX outperforms 86.25% of its industry peers.
With an excellent Return On Equity value of 8.81%, IDX belongs to the best of the industry, outperforming 83.75% of the companies in the same industry.
The Return On Invested Capital of IDX (8.17%) is better than 82.50% of its industry peers.
IDX had an Average Return On Invested Capital over the past 3 years of 9.25%. This is in line with the industry average of 8.51%.
| 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
The Profit Margin of IDX (5.84%) is better than 88.75% of its industry peers.
IDX's Profit Margin has been stable in the last couple of years.
The Operating Margin of IDX (10.65%) is better than 90.00% of its industry peers.
In the last couple of years the Operating Margin of IDX has remained more or less at the same level.
Looking at the Gross Margin, with a value of 27.60%, IDX belongs to the top of the industry, outperforming 82.50% of the companies in the same industry.
In the last couple of years the Gross Margin of IDX 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so IDX is still creating some value.
IDX has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, IDX has less shares outstanding
IDX has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.19 indicates that IDX is not a great score, but indicates only limited risk for bankruptcy at the moment.
IDX's Altman-Z score of 2.19 is on the low side compared to the rest of the industry. IDX is outperformed by 70.00% of its industry peers.
The Debt to FCF ratio of IDX is 6.05, which is on the high side as it means it would take IDX, 6.05 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of IDX (6.05) is better than 75.00% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that IDX is not too dependend on debt financing.
IDX's Debt to Equity ratio of 0.32 is fine compared to the rest of the industry. IDX outperforms 77.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.19 |
ROIC/WACC1.37
WACC5.96%
2.3 Liquidity
A Current Ratio of 1.80 indicates that IDX should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.80, IDX is doing good in the industry, outperforming 66.25% of the companies in the same industry.
IDX has a Quick Ratio of 1.12. This is a normal value and indicates that IDX is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.12, IDX is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
IDX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
Measured over the past 5 years, IDX shows a small growth in Earnings Per Share. The EPS has been growing by 1.64% on average per year.
The Revenue has decreased by -3.62% in the past year.
IDX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.41% yearly.
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 16.31% on average over the next years. This is quite good.
Based on estimates for the next years, IDX 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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 6.00 indicates a rather cheap valuation of IDX.
Compared to the rest of the industry, the Price/Earnings ratio of IDX indicates a rather cheap valuation: IDX is cheaper than 96.25% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.07. IDX is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 3.52, the valuation of IDX can be described as very cheap.
96.25% of the companies in the same industry are more expensive than IDX, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.59, IDX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6 | ||
| Fwd PE | 3.52 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IDX is valued cheaper than 96.25% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IDX indicates a rather cheap valuation: IDX is cheaper than 91.25% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.48 | ||
| EV/EBITDA | 2.7 |
4.3 Compensation for Growth
IDX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of IDX may justify a higher PE ratio.
A more expensive valuation may be justified as IDX's earnings are expected to grow with 16.31% in the coming years.
PEG (NY)0.26
PEG (5Y)3.65
EPS Next 2Y19.47%
EPS Next 3Y16.31%
5. Dividend
5.1 Amount
IDX has a Yearly Dividend Yield of 4.49%, which is a nice return.
IDX's Dividend Yield is comparable with the industry average which is at 3.98.
IDX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
5.2 History
On average, the dividend of IDX grows each year by 7.84%, which is quite nice.
IDX 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 IDX. This is not a sustainable payout ratio.
IDX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
15.42
-0.33 (-2.1%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners39.91%
Inst Owner Change17.24%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap10.88B
Analysts80.87
Price Target18.86 (22.31%)
Short Float %0%
Short Ratio0.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
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)6.5%
PT rev (3m)14.27%
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 | 6 | ||
| Fwd PE | 3.52 | ||
| P/S | 0.35 | ||
| P/FCF | 7.48 | ||
| P/OCF | 2.74 | ||
| P/B | 0.52 | ||
| P/tB | 0.71 | ||
| EV/EBITDA | 2.7 |
EPS(TTM)2.57
EY16.67%
EPS(NY)4.39
Fwd EY28.44%
FCF(TTM)2.06
FCFY13.36%
OCF(TTM)5.62
OCFY36.46%
SpS44.44
BVpS29.45
TBVpS21.68
PEG (NY)0.26
PEG (5Y)3.65
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 | 2.19 |
F-Score5
WACC5.96%
ROIC/WACC1.37
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%