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VANECK SEMICONDUCTOR ETF (SMH) Stock Price, Quote, News and Overview

NASDAQ:SMH - Nasdaq - US92189F6768 - ETF - Currency: USD

296.26  +3.36 (+1.15%)

After market: 296.75 +0.49 (+0.17%)

Fundamental Rating

4

Taking everything into account, SMH scores 4 out of 10 in our fundamental rating. SMH was compared to 80 industry peers in the Automobile Components industry. SMH has only an average score on both its financial health and profitability. SMH is valied quite expensively at the moment, while it does show a decent growth rate. SMH also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

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4

1. Profitability

1.1 Basic Checks

SMH had positive earnings in the past year.
In the past year SMH had a positive cash flow from operations.
In the past 5 years SMH has always been profitable.
Each year in the past 5 years SMH had a positive operating cash flow.
SMH Yearly Net Income VS EBIT VS OCF VS FCFSMH Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B 5B

1.2 Ratios

The Return On Assets of SMH (4.39%) is worse than 61.25% of its industry peers.
Looking at the Return On Equity, with a value of 8.81%, SMH is doing worse than 62.50% of the companies in the same industry.
With a Return On Invested Capital value of 8.17%, SMH is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for SMH is in line with the industry average of 8.78%.
Industry RankSector 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%
SMH Yearly ROA, ROE, ROICSMH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

With a Profit Margin value of 5.84%, SMH perfoms like the industry average, outperforming 42.50% of the companies in the same industry.
SMH's Profit Margin has been stable in the last couple of years.
SMH has a Operating Margin (10.65%) which is in line with its industry peers.
SMH's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 27.60%, SMH is doing worse than 61.25% of the companies in the same industry.
SMH's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
SMH Yearly Profit, Operating, Gross MarginsSMH Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

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4

2. Health

2.1 Basic Checks

SMH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
SMH has less shares outstanding than it did 1 year ago.
SMH has less shares outstanding than it did 5 years ago.
SMH has a worse debt/assets ratio than last year.
SMH Yearly Shares OutstandingSMH Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
SMH Yearly Total Debt VS Total AssetsSMH Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.2 Solvency

SMH has an Altman-Z score of 7.91. This indicates that SMH is financially healthy and has little risk of bankruptcy at the moment.
SMH has a Altman-Z score of 7.91. This is amongst the best in the industry. SMH outperforms 91.25% of its industry peers.
The Debt to FCF ratio of SMH is 6.05, which is on the high side as it means it would take SMH, 6.05 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.05, SMH is doing worse than 67.50% of the companies in the same industry.
A Debt/Equity ratio of 0.32 indicates that SMH is not too dependend on debt financing.
SMH has a worse Debt to Equity ratio (0.32) than 63.75% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 6.05
Altman-Z 7.91
ROIC/WACC1.06
WACC7.72%
SMH Yearly LT Debt VS Equity VS FCFSMH Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B

2.3 Liquidity

SMH has a Current Ratio of 1.80. This is a normal value and indicates that SMH is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.80, SMH is doing worse than 77.50% of the companies in the same industry.
A Quick Ratio of 1.12 indicates that SMH should not have too much problems paying its short term obligations.
SMH has a worse Quick ratio (1.12) than 76.25% of its industry peers.
Industry RankSector Rank
Current Ratio 1.8
Quick Ratio 1.12
SMH Yearly Current Assets VS Current LiabilitesSMH Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

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4

3. Growth

3.1 Past

SMH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
The Earnings Per Share has been growing slightly by 1.64% on average over the past years.
Looking at the last year, SMH shows a decrease in Revenue. The Revenue has decreased by -3.62% in the last year.
Measured over the past years, SMH 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

The Earnings Per Share is expected to grow by 17.51% on average over the next years. This is quite good.
SMH 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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
SMH Yearly Revenue VS EstimatesSMH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 10B 20B 30B
SMH Yearly EPS VS EstimatesSMH Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3 4

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0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 117.10, which means the current valuation is very expensive for SMH.
80.00% of the companies in the same industry are cheaper than SMH, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.61, SMH is valued quite expensively.
A Price/Forward Earnings ratio of 64.74 indicates a quite expensive valuation of SMH.
SMH's Price/Forward Earnings ratio is rather expensive when compared to the industry. SMH is more expensive than 82.50% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.13, SMH is valued quite expensively.
Industry RankSector Rank
PE 117.1
Fwd PE 64.74
SMH Price Earnings VS Forward Price EarningsSMH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

81.25% of the companies in the same industry are cheaper than SMH, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, SMH is valued a bit more expensive than 78.75% of the companies in the same industry.
Industry RankSector Rank
P/FCF 146.2
EV/EBITDA 37.83
SMH Per share dataSMH EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SMH does not grow enough to justify the current Price/Earnings ratio.
SMH's earnings are expected to grow with 17.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.31
PEG (5Y)71.28
EPS Next 2Y23.07%
EPS Next 3Y17.51%

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7

5. Dividend

5.1 Amount

SMH has a Yearly Dividend Yield of 4.40%, which is a nice return.
Compared to an average industry Dividend Yield of 4.25, SMH pays a better dividend. On top of this SMH pays more dividend than 96.25% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, SMH pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.4%

5.2 History

On average, the dividend of SMH grows each year by 7.84%, which is quite nice.
SMH has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of SMH decreased recently.
Dividend Growth(5Y)7.84%
Div Incr Years1
Div Non Decr Years1
SMH Yearly Dividends per shareSMH Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0.2 0.4 0.6 0.8 1

5.3 Sustainability

62.40% of the earnings are spent on dividend by SMH. This is not a sustainable payout ratio.
The dividend of SMH is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.4%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
SMH Yearly Income VS Free CF VS DividendSMH Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B
SMH Dividend Payout.SMH Dividend Payout, showing the Payout Ratio.SMH Dividend Payout.PayoutRetained Earnings

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VANECK SEMICONDUCTOR ETF

NASDAQ:SMH (7/30/2025, 8:00:02 PM)

After market: 296.75 +0.49 (+0.17%)

296.26

+3.36 (+1.15%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)07-24 2025-07-24/amc
Earnings (Next)N/A N/A
Inst Owners39.91%
Inst Owner Change-0.04%
Ins Owners0%
Ins Owner Change0%
Market Cap209.09B
Analysts80
Price Target339.98 (14.76%)
Short Float %1.11%
Short Ratio0.96
Dividend
Industry RankSector Rank
Dividend Yield 4.4%
Yearly Dividend1.56
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years1
Div Non Decr Years1
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)25.85%
PT rev (3m)42.4%
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)0%
Revenue NY rev (3m)-1.22%
Valuation
Industry RankSector Rank
PE 117.1
Fwd PE 64.74
P/S 6.78
P/FCF 146.2
P/OCF 53.59
P/B 10.23
P/tB 13.9
EV/EBITDA 37.83
EPS(TTM)2.53
EY0.85%
EPS(NY)4.58
Fwd EY1.54%
FCF(TTM)2.03
FCFY0.68%
OCF(TTM)5.53
OCFY1.87%
SpS43.7
BVpS28.96
TBVpS21.32
PEG (NY)3.31
PEG (5Y)71.28
Profitability
Industry RankSector 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 RankSector 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 7.91
F-Score5
WACC7.72%
ROIC/WACC1.06
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%