VANECK SHORT MUNI ETF (SMB) Stock Overview
USA - NYSEARCA:SMB - US92189F5281 - ETF
17.48 USD
+0.03 (+0.17%)
SMB gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 80 industry peers in the Automobile Components industry. SMB scores excellent on profitability, 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. SMB also has an excellent dividend rating. With these ratings, SMB could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
SMB had positive earnings in the past year.
In the past year SMB had a positive cash flow from operations.
SMB had positive earnings in each of the past 5 years.
In the past 5 years SMB always reported a positive cash flow from operatings.
1.2 Ratios
SMB's Return On Assets of 4.39% is amongst the best of the industry. SMB outperforms 85.00% of its industry peers.
The Return On Equity of SMB (8.81%) is better than 82.50% of its industry peers.
SMB has a Return On Invested Capital of 8.17%. This is amongst the best in the industry. SMB outperforms 81.25% 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's Profit Margin of 5.84% is amongst the best of the industry. SMB outperforms 87.50% of its industry peers.
SMB's Profit Margin has been stable in the last couple of years.
SMB has a Operating Margin of 10.65%. This is amongst the best in the industry. SMB outperforms 88.75% of its industry peers.
SMB's Operating Margin has been stable in the last couple of years.
The Gross Margin of SMB (27.60%) is better than 81.25% of its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SMB is creating some value.
The number of shares outstanding for SMB has been reduced compared to 1 year ago.
Compared to 5 years ago, SMB has less shares outstanding
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 has a worse Altman-Z score (2.23) than 68.75% of its industry peers.
The Debt to FCF ratio of SMB is 6.05, which is on the high side as it means it would take SMB, 6.05 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SMB (6.05) is better than 73.75% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that SMB is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.32, SMB is doing good in the industry, outperforming 76.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.23 |
ROIC/WACC1.34
WACC6.11%
2.3 Liquidity
A Current Ratio of 1.80 indicates that SMB should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.80, SMB is doing good in the industry, outperforming 65.00% of the companies in the same industry.
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 63.75% 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 SMB have decreased strongly by -18.28% in the last year.
The Earnings Per Share has been growing slightly by 1.64% on average over the past years.
The Revenue has decreased by -3.62% in the past year.
The Revenue has been growing slightly by 2.41% on average over the past years.
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 16.31% yearly.
Based on estimates for the next years, SMB will show a small growth in Revenue. The Revenue will grow by 2.56% on average per year.
EPS Next Y22.75%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
EPS Next 5YN/A
Revenue Next Year-1.8%
Revenue Next 2Y0.24%
Revenue Next 3Y1.32%
Revenue Next 5Y2.56%
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
The Price/Earnings ratio is 6.75, which indicates a rather cheap valuation of SMB.
Based on the Price/Earnings ratio, SMB is valued cheaply inside the industry as 95.00% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of SMB to the average of the S&P500 Index (27.20), we can say SMB is valued rather cheaply.
With a Price/Forward Earnings ratio of 3.95, the valuation of SMB can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SMB indicates a rather cheap valuation: SMB is cheaper than 96.25% of the companies listed in the same industry.
SMB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.75 | ||
| Fwd PE | 3.95 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SMB is valued cheaply inside the industry as 95.00% of the companies are valued more expensively.
85.00% 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 | 8.4 | ||
| EV/EBITDA | 2.9 |
4.3 Compensation for Growth
SMB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of SMB may justify a higher PE ratio.
SMB's earnings are expected to grow with 16.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.3
PEG (5Y)4.11
EPS Next 2Y19.47%
EPS Next 3Y16.31%
5. Dividend
5.1 Amount
SMB has a Yearly Dividend Yield of 4.38%, which is a nice return.
SMB's Dividend Yield is comparable with the industry average which is at 3.89.
SMB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.38% |
5.2 History
The dividend of SMB is nicely growing with an annual growth rate of 7.84%!
SMB has been paying a dividend for at least 10 years, so it has 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
SMB pays out 62.40% of its income as dividend. 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 2Y19.47%
EPS Next 3Y16.31%
NYSEARCA:SMB (9/17/2025, 8:04:20 PM)
17.48
+0.03 (+0.17%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners39.91%
Inst Owner Change7%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap12.34B
Analysts80.87
Price Target20.97 (19.97%)
Short Float %0%
Short Ratio0.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.38% |
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)-1.17%
PT rev (3m)8.37%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-9.31%
EPS NY rev (3m)-9.31%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)-2.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.75 | ||
| Fwd PE | 3.95 | ||
| P/S | 0.39 | ||
| P/FCF | 8.4 | ||
| P/OCF | 3.08 | ||
| P/B | 0.59 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | 2.9 |
EPS(TTM)2.59
EY14.82%
EPS(NY)4.43
Fwd EY25.32%
FCF(TTM)2.08
FCFY11.9%
OCF(TTM)5.67
OCFY32.46%
SpS44.85
BVpS29.73
TBVpS21.88
PEG (NY)0.3
PEG (5Y)4.11
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
WACC6.11%
ROIC/WACC1.34
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 Y22.75%
EPS Next 2Y19.47%
EPS Next 3Y16.31%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-1.8%
Revenue Next 2Y0.24%
Revenue Next 3Y1.32%
Revenue Next 5Y2.56%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year66.93%
EBIT Next 3Y23.28%
EBIT Next 5Y17.51%
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%