Logo image of MOAT

VANECK MORNINGSTAR WIDE MOAT (MOAT) Stock Overview

USA - NYSEARCA:MOAT - US92189F6438 - ETF

101.94 USD
-0.9 (-0.88%)
Last: 10/28/2025, 8:09:29 PM
102 USD
+0.06 (+0.06%)
After Hours: 10/28/2025, 8:09:29 PM
Fundamental Rating

4

Overall MOAT gets a fundamental rating of 4 out of 10. We evaluated MOAT against 83 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.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

MOAT had positive earnings in the past year.
In the past year MOAT had a positive cash flow from operations.
MOAT had positive earnings in each of the past 5 years.
In the past 5 years MOAT always reported a positive cash flow from operatings.
MOAT Yearly Net Income VS EBIT VS OCF VS FCFMOAT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B 5B

1.2 Ratios

MOAT has a Return On Assets of 4.39%. This is comparable to the rest of the industry: MOAT outperforms 50.60% of its industry peers.
MOAT has a Return On Equity (8.81%) which is comparable to the rest of the industry.
The Return On Invested Capital of MOAT (8.17%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for MOAT is in line with the industry average of 8.52%.
Industry RankSector 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%
MOAT Yearly ROA, ROE, ROICMOAT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

MOAT has a Profit Margin (5.84%) which is in line with its industry peers.
In the last couple of years the Profit Margin of MOAT has remained more or less at the same level.
MOAT's Operating Margin of 10.65% is in line compared to the rest of the industry. MOAT outperforms 55.42% of its industry peers.
In the last couple of years the Operating Margin of MOAT has remained more or less at the same level.
MOAT has a Gross Margin (27.60%) which is comparable to the rest of the industry.
MOAT's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
MOAT Yearly Profit, Operating, Gross MarginsMOAT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

5

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.
Compared to 1 year ago, MOAT has less shares outstanding
Compared to 5 years ago, MOAT has less shares outstanding
The debt/assets ratio for MOAT is higher compared to a year ago.
MOAT Yearly Shares OutstandingMOAT Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
MOAT Yearly Total Debt VS Total AssetsMOAT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.2 Solvency

MOAT has an Altman-Z score of 3.97. This indicates that MOAT is financially healthy and has little risk of bankruptcy at the moment.
MOAT has a Altman-Z score of 3.97. This is in the better half of the industry: MOAT outperforms 79.52% of its industry peers.
The Debt to FCF ratio of MOAT is 6.05, which is on the high side as it means it would take MOAT, 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, MOAT is in line with its industry, outperforming 40.96% of the companies in the same industry.
MOAT has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
MOAT has a Debt to Equity ratio (0.32) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 6.05
Altman-Z 3.97
ROIC/WACC1.06
WACC7.7%
MOAT Yearly LT Debt VS Equity VS FCFMOAT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B

2.3 Liquidity

MOAT has a Current Ratio of 1.80. This is a normal value and indicates that MOAT is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of MOAT (1.80) is worse than 67.47% of its industry peers.
A Quick Ratio of 1.12 indicates that MOAT should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.12, MOAT is not doing good in the industry: 68.67% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.8
Quick Ratio 1.12
MOAT Yearly Current Assets VS Current LiabilitesMOAT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

4

3. Growth

3.1 Past

The earnings per share for MOAT have decreased strongly by -18.28% in the last year.
Measured over the past 5 years, MOAT 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.
MOAT 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

Based on estimates for the next years, MOAT will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.63% on average per year.
MOAT 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.
MOAT Yearly Revenue VS EstimatesMOAT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 10B 20B 30B
MOAT Yearly EPS VS EstimatesMOAT Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3 4

1

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 39.98, 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 71.08% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of MOAT to the average of the S&P500 Index (26.83), we can say MOAT is valued slightly more expensively.
Based on the Price/Forward Earnings ratio of 23.87, the valuation of MOAT can be described as rather expensive.
Based on the Price/Forward Earnings ratio, MOAT is valued a bit more expensive than the industry average as 68.67% of the companies are valued more cheaply.
MOAT's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.88.
Industry RankSector Rank
PE 39.98
Fwd PE 23.87
MOAT Price Earnings VS Forward Price EarningsMOAT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

MOAT's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. MOAT is more expensive than 68.67% of the companies in the same industry.
66.27% of the companies in the same industry are cheaper than MOAT, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 49.84
EV/EBITDA 13.64
MOAT Per share dataMOAT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MOAT does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as MOAT's earnings are expected to grow with 15.63% in the coming years.
PEG (NY)1.89
PEG (5Y)24.33
EPS Next 2Y18.35%
EPS Next 3Y15.63%

7

5. Dividend

5.1 Amount

MOAT has a Yearly Dividend Yield of 4.99%, which is a nice return.
Compared to an average industry Dividend Yield of 4.39, MOAT pays a better dividend. On top of this MOAT pays more dividend than 91.57% of the companies listed in the same industry.
MOAT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
Industry RankSector Rank
Dividend Yield 4.99%

5.2 History

The dividend of MOAT is nicely growing with an annual growth rate of 7.84%!
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
MOAT Yearly Dividends per shareMOAT Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0.2 0.4 0.6 0.8 1

5.3 Sustainability

62.40% of the earnings are spent on dividend by MOAT. This is not a sustainable payout ratio.
The dividend of MOAT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.4%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
MOAT Yearly Income VS Free CF VS DividendMOAT Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B
MOAT Dividend Payout.MOAT Dividend Payout, showing the Payout Ratio.MOAT Dividend Payout.PayoutRetained Earnings

VANECK MORNINGSTAR WIDE MOAT

NYSEARCA:MOAT (10/28/2025, 8:09:29 PM)

After market: 102 +0.06 (+0.06%)

101.94

-0.9 (-0.88%)

Chartmill FA Rating
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)07-24 2025-07-24/amc
Earnings (Next)02-22 2026-02-22/amc
Inst Owners46.28%
Inst Owner Change-1.17%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap71.94B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts80
Price Target119.95 (17.67%)
Short Float %0.06%
Short Ratio0.49
Dividend
Industry RankSector Rank
Dividend Yield 4.99%
Yearly Dividend1.57
Dividend Growth(5Y)7.84%
DP62.4%
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)0.92%
PT rev (3m)7.99%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-10.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-2.81%
Valuation
Industry RankSector Rank
PE 39.98
Fwd PE 23.87
P/S 2.31
P/FCF 49.84
P/OCF 18.27
P/B 3.49
P/tB 4.74
EV/EBITDA 13.64
EPS(TTM)2.55
EY2.5%
EPS(NY)4.27
Fwd EY4.19%
FCF(TTM)2.05
FCFY2.01%
OCF(TTM)5.58
OCFY5.47%
SpS44.1
BVpS29.23
TBVpS21.52
PEG (NY)1.89
PEG (5Y)24.33
Graham Number40.95
Profitability
Industry RankSector 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 RankSector 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 3.97
F-Score5
WACC7.7%
ROIC/WACC1.06
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%

VANECK MORNINGSTAR WIDE MOAT / MOAT FAQ

What does VANECK MORNINGSTAR WIDE MOAT do?

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.


What is the current price of MOAT stock?

The current stock price of MOAT is 101.94 USD. The price decreased by -0.88% in the last trading session.


What is the ChartMill rating of VANECK MORNINGSTAR WIDE MOAT stock?

MOAT has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 4 out of 10.