VANECK SHORT MUNI ETF (SMB) Stock Overview
USA - NYSEARCA:SMB - US92189F5281 - ETF
17.37 USD
-0.02 (-0.12%)
We assign a fundamental rating of 6 out of 10 to SMB. SMB was compared to 81 industry peers in the Automobile Components industry. SMB has an excellent profitability rating, but there are some minor concerns on its financial health. SMB scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally SMB also has an excellent dividend rating. These ratings could make SMB a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
In the past year SMB was profitable.
SMB had a positive operating cash flow in the past year.
Each year in the past 5 years SMB has been profitable.
SMB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SMB has a Return On Assets of 4.39%. This is amongst the best in the industry. SMB outperforms 83.95% of its industry peers.
SMB has a better Return On Equity (8.81%) than 82.72% of its industry peers.
SMB has a Return On Invested Capital of 8.17%. This is amongst the best in the industry. SMB outperforms 81.48% of its industry peers.
SMB had an Average Return On Invested Capital over the past 3 years of 9.25%. This is in line with the industry average of 8.51%.
| 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
SMB has a Profit Margin of 5.84%. This is amongst the best in the industry. SMB outperforms 87.65% of its industry peers.
In the last couple of years the Profit Margin of SMB has remained more or less at the same level.
SMB has a better Operating Margin (10.65%) than 88.89% of its industry peers.
In the last couple of years the Operating Margin of SMB has remained more or less at the same level.
With an excellent Gross Margin value of 27.60%, SMB belongs to the best of the industry, outperforming 80.25% of the companies in the same industry.
SMB'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 Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SMB is still creating some value.
The number of shares outstanding for SMB has been reduced compared to 1 year ago.
The number of shares outstanding for SMB has been reduced compared to 5 years ago.
SMB has a worse debt/assets ratio than last year.
2.2 Solvency
SMB has an Altman-Z score of 2.23. This is not the best score and indicates that SMB is in the grey zone with still only limited risk for bankruptcy at the moment.
SMB's Altman-Z score of 2.23 is on the low side compared to the rest of the industry. SMB is outperformed by 67.90% of its industry peers.
SMB has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as SMB would need 6.05 years to pay back of all of its debts.
SMB's Debt to FCF ratio of 6.05 is fine compared to the rest of the industry. SMB outperforms 74.07% of its industry peers.
SMB has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
SMB's Debt to Equity ratio of 0.32 is fine compared to the rest of the industry. SMB outperforms 76.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.23 |
ROIC/WACC1.31
WACC6.22%
2.3 Liquidity
SMB has a Current Ratio of 1.80. This is a normal value and indicates that SMB is financially healthy and should not expect problems in meeting its short term obligations.
SMB's Current ratio of 1.80 is fine compared to the rest of the industry. SMB outperforms 65.43% of its industry peers.
SMB has a Quick Ratio of 1.12. This is a normal value and indicates that SMB is financially healthy and should not expect problems in meeting its short term obligations.
SMB has a Quick ratio of 1.12. This is in the better half of the industry: SMB outperforms 64.20% 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 SMB have decreased strongly by -18.28% in the last year.
Measured over the past 5 years, SMB shows a small growth in Earnings Per Share. The EPS has been growing by 1.64% on average per year.
SMB shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
SMB 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
SMB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.63% yearly.
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.
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.84, the valuation of SMB can be described as very cheap.
Based on the Price/Earnings ratio, SMB is valued cheaply inside the industry as 93.83% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.02. SMB is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 4.08, the valuation of SMB can be described as very cheap.
Based on the Price/Forward Earnings ratio, SMB is valued cheaply inside the industry as 96.30% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.57, SMB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.84 | ||
| Fwd PE | 4.08 |
4.2 Price Multiples
SMB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SMB is cheaper than 95.06% of the companies in the same industry.
85.19% of the companies in the same industry are more expensive than SMB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.51 | ||
| EV/EBITDA | 2.93 |
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.
SMB has an outstanding profitability rating, which may justify a higher PE ratio.
SMB's earnings are expected to grow with 15.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.32
PEG (5Y)4.16
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.41%, SMB is a good candidate for dividend investing.
SMB's Dividend Yield is comparable with the industry average which is at 3.93.
SMB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.41% |
5.2 History
The dividend of SMB is nicely growing with an annual growth rate of 7.84%!
SMB has paid a dividend for at least 10 years, which is a reliable track record.
SMB has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)7.84%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
62.40% of the earnings are spent on dividend by SMB. This is not a sustainable payout ratio.
The dividend of SMB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.4%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
NYSEARCA:SMB (10/10/2025, 8:57:44 PM)
17.37
-0.02 (-0.12%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change0.01%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap12.26B
Analysts80
Price Target21.23 (22.22%)
Short Float %0%
Short Ratio0.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.41% |
Yearly Dividend1.59
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years3
Div Non Decr Years3
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)6.1%
PT rev (3m)9.72%
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 | 6.84 | ||
| Fwd PE | 4.08 | ||
| P/S | 0.39 | ||
| P/FCF | 8.51 | ||
| P/OCF | 3.12 | ||
| P/B | 0.6 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 2.93 |
EPS(TTM)2.54
EY14.62%
EPS(NY)4.26
Fwd EY24.53%
FCF(TTM)2.04
FCFY11.74%
OCF(TTM)5.57
OCFY32.04%
SpS43.99
BVpS29.16
TBVpS21.46
PEG (NY)0.32
PEG (5Y)4.16
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 | 2.23 |
F-Score5
WACC6.22%
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%