VANECK PREF SEC X-FINANCIALS (PFXF) Stock Overview
USA - NYSEARCA:PFXF - US92189F4292 - ETF
17.69 USD
-0.21 (-1.17%)
17.59 USD
-0.1 (-0.57%)
Taking everything into account, PFXF scores 6 out of 10 in our fundamental rating. PFXF was compared to 81 industry peers in the Automobile Components industry. PFXF has an excellent profitability rating, but there are some minor concerns on its financial health. PFXF is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make PFXF a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year PFXF was profitable.
In the past year PFXF had a positive cash flow from operations.
PFXF had positive earnings in each of the past 5 years.
PFXF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 4.39%, PFXF belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
PFXF's Return On Equity of 8.81% is amongst the best of the industry. PFXF outperforms 80.25% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.17%, PFXF is in the better half of the industry, outperforming 79.01% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PFXF 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 PFXF (5.84%) is better than 85.19% of its industry peers.
In the last couple of years the Profit Margin of PFXF has remained more or less at the same level.
With an excellent Operating Margin value of 10.65%, PFXF belongs to the best of the industry, outperforming 86.42% of the companies in the same industry.
In the last couple of years the Operating Margin of PFXF has remained more or less at the same level.
PFXF has a better Gross Margin (27.60%) than 77.78% of its industry peers.
PFXF'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
PFXF has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, PFXF has less shares outstanding
Compared to 5 years ago, PFXF has less shares outstanding
PFXF has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.24 indicates that PFXF is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.24, PFXF is not doing good in the industry: 65.43% of the companies in the same industry are doing better.
The Debt to FCF ratio of PFXF is 6.05, which is on the high side as it means it would take PFXF, 6.05 years of fcf income to pay off all of its debts.
PFXF's Debt to FCF ratio of 6.05 is fine compared to the rest of the industry. PFXF outperforms 71.60% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that PFXF is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.32, PFXF is in the better half of the industry, outperforming 74.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.24 |
ROIC/WACC1.31
WACC6.24%
2.3 Liquidity
PFXF has a Current Ratio of 1.80. This is a normal value and indicates that PFXF is financially healthy and should not expect problems in meeting its short term obligations.
PFXF has a better Current ratio (1.80) than 62.96% of its industry peers.
PFXF has a Quick Ratio of 1.12. This is a normal value and indicates that PFXF is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.12, PFXF is doing good in the industry, outperforming 61.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
PFXF 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, PFXF shows a small growth in Earnings Per Share. The EPS has been growing by 1.64% on average per year.
Looking at the last year, PFXF shows a decrease in Revenue. The Revenue has decreased by -3.62% in the last year.
PFXF 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, PFXF will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.63% on average per year.
The Revenue is expected to grow by 2.47% on average over the next years.
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
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 6.96 indicates a rather cheap valuation of PFXF.
Based on the Price/Earnings ratio, PFXF is valued cheaper than 91.36% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.02, PFXF is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 4.15, the valuation of PFXF can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PFXF indicates a rather cheap valuation: PFXF is cheaper than 93.83% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of PFXF to the average of the S&P500 Index (22.57), we can say PFXF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.96 | ||
| Fwd PE | 4.15 |
4.2 Price Multiples
PFXF's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PFXF is cheaper than 92.59% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PFXF is valued cheaply inside the industry as 82.72% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.67 | ||
| EV/EBITDA | 2.99 |
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.
PFXF has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as PFXF's earnings are expected to grow with 15.63% in the coming years.
PEG (NY)0.33
PEG (5Y)4.24
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.65%, PFXF is a good candidate for dividend investing.
PFXF's Dividend Yield is comparable with the industry average which is at 3.93.
PFXF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.65% |
5.2 History
On average, the dividend of PFXF grows each year by 7.84%, which is quite nice.
PFXF 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 PFXF. This is not a sustainable payout ratio.
PFXF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
17.69
-0.21 (-1.17%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change0.06%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap12.48B
Analysts80
Price Target21.81 (23.29%)
Short Float %0.04%
Short Ratio0.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.65% |
Yearly Dividend1.56
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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)6.9%
PT rev (3m)14.55%
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 | 6.96 | ||
| Fwd PE | 4.15 | ||
| P/S | 0.4 | ||
| P/FCF | 8.67 | ||
| P/OCF | 3.18 | ||
| P/B | 0.61 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 2.99 |
EPS(TTM)2.54
EY14.36%
EPS(NY)4.26
Fwd EY24.09%
FCF(TTM)2.04
FCFY11.53%
OCF(TTM)5.57
OCFY31.46%
SpS43.99
BVpS29.16
TBVpS21.46
PEG (NY)0.33
PEG (5Y)4.24
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 | 2.24 |
F-Score5
WACC6.24%
ROIC/WACC1.31
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%