VANECK SH HI YLD MUNI (SHYD) Stock Price, Quote, News and Overview
NYSEARCA:SHYD - NYSE Arca - US92189F3872 - ETF - Currency: USD
Overall SHYD gets a fundamental rating of 6 out of 10. We evaluated SHYD against 80 industry peers in the Automobile Components industry. SHYD has only an average score on both its financial health and profitability. SHYD scores decently on growth, while it is valued quite cheap. This could make an interesting combination. SHYD also has an excellent dividend rating. These ratings would make SHYD suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
SHYD had positive earnings in the past year.
In the past year SHYD had a positive cash flow from operations.
Each year in the past 5 years SHYD has been profitable.
SHYD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SHYD has a Return On Assets of 4.39%. This is in the better half of the industry: SHYD outperforms 72.50% of its industry peers.
With a decent Return On Equity value of 8.81%, SHYD is doing good in the industry, outperforming 68.75% of the companies in the same industry.
With a decent Return On Invested Capital value of 8.17%, SHYD is doing good in the industry, outperforming 70.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SHYD is in line with the industry average of 8.74%.
| 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
SHYD has a Profit Margin of 5.84%. This is in the better half of the industry: SHYD outperforms 75.00% of its industry peers.
In the last couple of years the Profit Margin of SHYD has remained more or less at the same level.
SHYD has a better Operating Margin (10.65%) than 76.25% of its industry peers.
In the last couple of years the Operating Margin of SHYD has remained more or less at the same level.
The Gross Margin of SHYD (27.60%) is better than 70.00% of its industry peers.
In the last couple of years the Gross Margin of SHYD 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 SHYD is still creating some value.
The number of shares outstanding for SHYD has been reduced compared to 1 year ago.
Compared to 5 years ago, SHYD has less shares outstanding
Compared to 1 year ago, SHYD has a worse debt to assets ratio.
2.2 Solvency
SHYD has an Altman-Z score of 2.34. This is not the best score and indicates that SHYD is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.34, SHYD perfoms like the industry average, outperforming 46.25% of the companies in the same industry.
The Debt to FCF ratio of SHYD is 6.05, which is on the high side as it means it would take SHYD, 6.05 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SHYD (6.05) is better than 63.75% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that SHYD is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.32, SHYD is doing good in the industry, outperforming 66.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.34 |
ROIC/WACC1.28
WACC6.39%
2.3 Liquidity
A Current Ratio of 1.80 indicates that SHYD should not have too much problems paying its short term obligations.
SHYD's Current ratio of 1.80 is in line compared to the rest of the industry. SHYD outperforms 53.75% of its industry peers.
SHYD has a Quick Ratio of 1.12. This is a normal value and indicates that SHYD is financially healthy and should not expect problems in meeting its short term obligations.
SHYD has a Quick ratio of 1.12. This is comparable to the rest of the industry: SHYD outperforms 53.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The earnings per share for SHYD have decreased strongly by -18.28% in the last year.
SHYD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.64% yearly.
The Revenue has decreased by -3.62% in the past year.
Measured over the past years, SHYD shows a small growth in Revenue. The Revenue has been growing by 2.41% on average per year.
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
SHYD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.51% yearly.
SHYD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.24% yearly.
EPS Next Y35.36%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
EPS Next 5YN/A
Revenue Next Year-1.4%
Revenue Next 2Y0.66%
Revenue Next 3Y1.67%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.94, the valuation of SHYD can be described as reasonable.
77.50% of the companies in the same industry are more expensive than SHYD, based on the Price/Earnings ratio.
SHYD is valuated cheaply when we compare the Price/Earnings ratio to 26.99, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 4.94, which indicates a rather cheap valuation of SHYD.
Based on the Price/Forward Earnings ratio, SHYD is valued cheaply inside the industry as 83.75% of the companies are valued more expensively.
SHYD's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.94 | ||
| Fwd PE | 4.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SHYD is valued cheaper than 83.75% of the companies in the same industry.
SHYD's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SHYD is cheaper than 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.15 | ||
| EV/EBITDA | 3.61 |
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.
The decent profitability rating of SHYD may justify a higher PE ratio.
SHYD's earnings are expected to grow with 17.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.25
PEG (5Y)5.44
EPS Next 2Y23.07%
EPS Next 3Y17.51%
5. Dividend
5.1 Amount
SHYD has a Yearly Dividend Yield of 4.41%, which is a nice return.
SHYD's Dividend Yield is a higher than the industry average which is at 4.01.
Compared to an average S&P500 Dividend Yield of 2.40, SHYD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.41% |
5.2 History
The dividend of SHYD is nicely growing with an annual growth rate of 7.84%!
SHYD 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
SHYD pays out 62.40% of its income as dividend. This is not a sustainable payout ratio.
The dividend of SHYD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.4%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
NYSEARCA:SHYD (8/6/2025, 8:04:00 PM)
22.62
-0.04 (-0.18%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners39.91%
Inst Owner Change0.98%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap15.96B
Analysts80
Price Target26.32 (16.36%)
Short Float %0.01%
Short Ratio0.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.41% |
Yearly Dividend1.54
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)3.99%
PT rev (3m)-3.46%
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)-2.22%
Revenue NY rev (3m)-3.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.94 | ||
| Fwd PE | 4.94 | ||
| P/S | 0.52 | ||
| P/FCF | 11.15 | ||
| P/OCF | 4.09 | ||
| P/B | 0.78 | ||
| P/tB | 1.06 | ||
| EV/EBITDA | 3.61 |
EPS(TTM)2.53
EY11.18%
EPS(NY)4.58
Fwd EY20.25%
FCF(TTM)2.03
FCFY8.97%
OCF(TTM)5.53
OCFY24.47%
SpS43.75
BVpS28.99
TBVpS21.34
PEG (NY)0.25
PEG (5Y)5.44
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 | 2.34 |
F-Score5
WACC6.39%
ROIC/WACC1.28
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 Y35.36%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-1.4%
Revenue Next 2Y0.66%
Revenue Next 3Y1.67%
Revenue Next 5Y3.24%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year66.93%
EBIT Next 3Y23.28%
EBIT Next 5Y17.83%
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%