VANECK REAL ASSETS ETF (RAAX) Stock Price, Forecast & Analysis
USA - NYSEARCA:RAAX - US92189F1306 - ETF
34.42 USD
+0.19 (+0.56%)
We assign a fundamental rating of 5 out of 10 to RAAX. RAAX was compared to 82 industry peers in the Automobile Components industry. RAAX has only an average score on both its financial health and profitability. RAAX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
RAAX had positive earnings in the past year.
In the past year RAAX had a positive cash flow from operations.
In the past 5 years RAAX has always been profitable.
RAAX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 4.39%, RAAX is doing good in the industry, outperforming 68.29% of the companies in the same industry.
Looking at the Return On Equity, with a value of 8.81%, RAAX is in the better half of the industry, outperforming 69.51% of the companies in the same industry.
RAAX has a better Return On Invested Capital (8.17%) than 67.07% of its industry peers.
RAAX had an Average Return On Invested Capital over the past 3 years of 9.25%. This is in line with the industry average of 8.55%.
| 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 RAAX (5.84%) is better than 71.95% of its industry peers.
In the last couple of years the Profit Margin of RAAX has remained more or less at the same level.
With a decent Operating Margin value of 10.65%, RAAX is doing good in the industry, outperforming 73.17% of the companies in the same industry.
RAAX's Operating Margin has been stable in the last couple of years.
RAAX has a Gross Margin of 27.60%. This is in the better half of the industry: RAAX outperforms 64.63% of its industry peers.
RAAX'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
The number of shares outstanding for RAAX has been reduced compared to 1 year ago.
Compared to 5 years ago, RAAX has less shares outstanding
RAAX has a worse debt/assets ratio than last year.
2.2 Solvency
RAAX has an Altman-Z score of 2.59. This is not the best score and indicates that RAAX is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.59, RAAX is in line with its industry, outperforming 52.44% of the companies in the same industry.
The Debt to FCF ratio of RAAX is 6.05, which is on the high side as it means it would take RAAX, 6.05 years of fcf income to pay off all of its debts.
RAAX has a Debt to FCF ratio of 6.05. This is comparable to the rest of the industry: RAAX outperforms 59.76% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that RAAX is not too dependend on debt financing.
RAAX has a Debt to Equity ratio (0.32) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.59 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
RAAX has a Current Ratio of 1.80. This is a normal value and indicates that RAAX is financially healthy and should not expect problems in meeting its short term obligations.
RAAX has a Current ratio (1.80) which is in line with its industry peers.
A Quick Ratio of 1.12 indicates that RAAX should not have too much problems paying its short term obligations.
RAAX has a Quick ratio of 1.12. This is comparable to the rest of the industry: RAAX outperforms 48.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
RAAX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
RAAX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.64% yearly.
RAAX shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
RAAX 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 11.26% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.85% on average over the next years.
EPS Next Y0.74%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
EPS Next 5YN/A
Revenue Next Year-4.87%
Revenue Next 2Y-1.29%
Revenue Next 3Y0.41%
Revenue Next 5Y2.85%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.66, the valuation of RAAX can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of RAAX indicates a somewhat cheap valuation: RAAX is cheaper than 60.98% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.45. RAAX is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 9.63, which indicates a very decent valuation of RAAX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RAAX indicates a somewhat cheap valuation: RAAX is cheaper than 63.41% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.46. RAAX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.66 | ||
| Fwd PE | 9.63 |
4.2 Price Multiples
69.51% of the companies in the same industry are more expensive than RAAX, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as RAAX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.28 | ||
| EV/EBITDA | 5.15 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates RAAX does not grow enough to justify the current Price/Earnings ratio.
RAAX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)18.47
PEG (5Y)8.31
EPS Next 2Y8.86%
EPS Next 3Y11.26%
5. Dividend
5.1 Amount
RAAX has a Yearly Dividend Yield of 4.77%, which is a nice return.
RAAX's Dividend Yield is a higher than the industry average which is at 4.20.
Compared to an average S&P500 Dividend Yield of 2.45, RAAX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.77% |
5.2 History
The dividend of RAAX is nicely growing with an annual growth rate of 7.84%!
RAAX has been paying a dividend for over 5 years, so it has already some 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 RAAX. This is not a sustainable payout ratio.
RAAX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
NYSEARCA:RAAX (11/21/2025, 8:04:00 PM)
34.42
+0.19 (+0.56%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change29.31%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap0
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts79.17
Price Target39.25 (14.03%)
Short Float %0.03%
Short Ratio3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.77% |
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)-6.14%
PT rev (3m)0.32%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-16.83%
EPS NY rev (3m)-25.57%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.93%
Revenue NY rev (3m)-3.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.66 | ||
| Fwd PE | 9.63 | ||
| P/S | 0.8 | ||
| P/FCF | 17.28 | ||
| P/OCF | 6.34 | ||
| P/B | 1.21 | ||
| P/tB | 1.64 | ||
| EV/EBITDA | 5.15 |
EPS(TTM)2.52
EY7.32%
EPS(NY)3.58
Fwd EY10.39%
FCF(TTM)1.99
FCFY5.79%
OCF(TTM)5.43
OCFY15.78%
SpS42.94
BVpS28.46
TBVpS20.95
PEG (NY)18.47
PEG (5Y)8.31
Graham Number40.17
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 | 2.59 |
F-Score5
WACCN/A
ROIC/WACCN/A
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 Y0.74%
EPS Next 2Y8.86%
EPS Next 3Y11.26%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-4.87%
Revenue Next 2Y-1.29%
Revenue Next 3Y0.41%
Revenue Next 5Y2.85%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year59.12%
EBIT Next 3Y22.78%
EBIT Next 5Y17.06%
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 REAL ASSETS ETF / RAAX FAQ
What does RAAX 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 RAAX stock?
The current stock price of RAAX is 34.42 USD. The price increased by 0.56% in the last trading session.
What is the ChartMill rating of VANECK REAL ASSETS ETF stock?
RAAX has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 5 out of 10.