VANECK MORNINGSTAR WIDE MOAT (MOAT) Stock Price, Quote, News and Overview
NYSEARCA:MOAT - NYSE Arca - US92189F6438 - ETF - Currency: USD
We assign a fundamental rating of 5 out of 10 to MOAT. MOAT was compared to 80 industry peers in the Automobile Components industry. MOAT has an average financial health and profitability rating. MOAT is quite expensive at the moment. It does show a decent growth rate. Finally MOAT also has an excellent dividend rating. These ratings could make MOAT a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
MOAT had positive earnings in the past year.
MOAT had a positive operating cash flow in the past year.
MOAT had positive earnings in each of the past 5 years.
MOAT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MOAT (5.04%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 10.12%, MOAT is in line with its industry, outperforming 47.50% of the companies in the same industry.
MOAT has a Return On Invested Capital (8.73%) which is comparable to the rest of the industry.
MOAT had an Average Return On Invested Capital over the past 3 years of 9.25%. This is in line with the industry average of 9.12%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 10.12% | ||
| ROIC | 8.73% |
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 6.93%, MOAT perfoms like the industry average, outperforming 51.25% of the companies in the same industry.
MOAT's Profit Margin has been stable in the last couple of years.
MOAT has a Operating Margin of 11.72%. This is comparable to the rest of the industry: MOAT outperforms 53.75% of its industry peers.
MOAT's Operating Margin has been stable in the last couple of years.
MOAT has a Gross Margin of 28.49%. This is comparable to the rest of the industry: MOAT outperforms 46.25% of its industry peers.
MOAT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.72% | ||
| PM (TTM) | 6.93% | ||
| GM | 28.49% |
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 MOAT is still creating some value.
The number of shares outstanding for MOAT has been reduced compared to 1 year ago.
MOAT has less shares outstanding than it did 5 years ago.
MOAT has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.73 indicates that MOAT is not in any danger for bankruptcy at the moment.
MOAT has a better Altman-Z score (3.73) than 77.50% of its industry peers.
The Debt to FCF ratio of MOAT is 3.42, which is a good value as it means it would take MOAT, 3.42 years of fcf income to pay off all of its debts.
MOAT has a Debt to FCF ratio (3.42) which is in line with its industry peers.
A Debt/Equity ratio of 0.31 indicates that MOAT is not too dependend on debt financing.
MOAT's Debt to Equity ratio of 0.31 is in line compared to the rest of the industry. MOAT outperforms 43.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 3.42 | ||
| Altman-Z | 3.73 |
ROIC/WACC1.17
WACC7.44%
2.3 Liquidity
A Current Ratio of 1.76 indicates that MOAT should not have too much problems paying its short term obligations.
MOAT's Current ratio of 1.76 is on the low side compared to the rest of the industry. MOAT is outperformed by 71.25% of its industry peers.
A Quick Ratio of 1.11 indicates that MOAT should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.11, MOAT is not doing good in the industry: 71.25% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
MOAT shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.42%.
MOAT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.64% yearly.
MOAT shows a decrease in Revenue. In the last year, the revenue decreased by -4.06%.
Measured over the past years, MOAT shows a small growth in Revenue. The Revenue has been growing by 2.41% on average per year.
EPS 1Y (TTM)-5.42%
EPS 3Y0.78%
EPS 5Y1.64%
EPS Q2Q%-5.56%
Revenue 1Y (TTM)-4.06%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.87%
3.2 Future
MOAT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.51% yearly.
The Revenue is expected to grow by 3.24% on average over the next years.
EPS Next Y35.36%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
EPS Next 5YN/A
Revenue Next Year0.83%
Revenue Next 2Y2%
Revenue Next 3Y2.43%
Revenue Next 5Y3.24%
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 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 32.27, MOAT can be considered very expensive at the moment.
Based on the Price/Earnings ratio, MOAT is valued a bit more expensive than the industry average as 70.00% of the companies are valued more cheaply.
MOAT's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.69.
A Price/Forward Earnings ratio of 23.82 indicates a rather expensive valuation of MOAT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MOAT indicates a slightly more expensive valuation: MOAT is more expensive than 72.50% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of MOAT to the average of the S&P500 Index (37.36), we can say MOAT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.27 | ||
| Fwd PE | 23.82 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MOAT indicates a slightly more expensive valuation: MOAT is more expensive than 70.00% of the companies listed in the same industry.
MOAT's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MOAT is more expensive than 65.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.68 | ||
| EV/EBITDA | 11.91 |
4.3 Compensation for Growth
The 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 MOAT's earnings are expected to grow with 17.51% in the coming years.
PEG (NY)0.91
PEG (5Y)19.64
EPS Next 2Y23.07%
EPS Next 3Y17.51%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.28%, MOAT is a good candidate for dividend investing.
MOAT's Dividend Yield is rather good when compared to the industry average which is at 4.24. MOAT pays more dividend than 90.00% of the companies in the same industry.
MOAT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.28% |
5.2 History
On average, the dividend of MOAT grows each year by 7.84%, which is quite nice.
MOAT has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of MOAT decreased recently.
Dividend Growth(5Y)7.84%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
51.01% of the earnings are spent on dividend by MOAT. This is a bit on the high side, but may be sustainable.
MOAT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP51.01%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
99.06
+0.61 (+0.62%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners39.91%
Inst Owner Change-1.98%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap69.91B
Analysts80
Price Target111.08 (12.13%)
Short Float %0.03%
Short Ratio0.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.28% |
Yearly Dividend1.58
Dividend Growth(5Y)7.84%
DP51.01%
Div Incr Years1
Div Non Decr Years1
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)9.98%
PT rev (3m)6.61%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.27 | ||
| Fwd PE | 23.82 | ||
| P/S | 2.19 | ||
| P/FCF | 27.68 | ||
| P/OCF | 13.75 | ||
| P/B | 3.2 | ||
| P/tB | 4.36 | ||
| EV/EBITDA | 11.91 |
EPS(TTM)3.07
EY3.1%
EPS(NY)4.16
Fwd EY4.2%
FCF(TTM)3.58
FCFY3.61%
OCF(TTM)7.2
OCFY7.27%
SpS45.18
BVpS30.95
TBVpS22.72
PEG (NY)0.91
PEG (5Y)19.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 10.12% | ||
| ROCE | 11.13% | ||
| ROIC | 8.73% | ||
| ROICexc | 10.35% | ||
| ROICexgc | 13.02% | ||
| OM | 11.72% | ||
| PM (TTM) | 6.93% | ||
| GM | 28.49% | ||
| FCFM | 7.92% |
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 Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 3.42 | ||
| Debt/EBITDA | 1.12 | ||
| Cap/Depr | 110.04% | ||
| Cap/Sales | 8.02% | ||
| Interest Coverage | 12.7 | ||
| Cash Conversion | 83.87% | ||
| Profit Quality | 114.33% | ||
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 3.73 |
F-Score5
WACC7.44%
ROIC/WACC1.17
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)-5.42%
EPS 3Y0.78%
EPS 5Y1.64%
EPS Q2Q%-5.56%
EPS Next Y35.36%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.06%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.87%
Revenue Next Year0.83%
Revenue Next 2Y2%
Revenue Next 3Y2.43%
Revenue Next 5Y3.24%
EBIT growth 1Y-7.52%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year66.93%
EBIT Next 3Y23.28%
EBIT Next 5Y17.83%
FCF growth 1Y-29.4%
FCF growth 3Y21.5%
FCF growth 5Y7.22%
OCF growth 1Y-17.99%
OCF growth 3Y14.27%
OCF growth 5Y5.48%