354.12 USD
-16.77 (-4.52%)
353.83 USD
-0.29 (-0.08%)
Overall SMH gets a fundamental rating of 4 out of 10. We evaluated SMH against 82 industry peers in the Automobile Components industry. SMH has only an average score on both its financial health and profitability. While showing a medium growth rate, SMH is valued expensive at the moment. Finally SMH also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
SMH had positive earnings in the past year.
SMH had a positive operating cash flow in the past year.
Each year in the past 5 years SMH has been profitable.
SMH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SMH's Return On Assets of 4.39% is in line compared to the rest of the industry. SMH outperforms 42.68% of its industry peers.
SMH has a Return On Equity (8.81%) which is in line with its industry peers.
SMH's Return On Invested Capital of 8.17% is in line compared to the rest of the industry. SMH outperforms 41.46% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SMH is in line with the industry average of 8.62%.
| 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
SMH's Profit Margin of 5.84% is in line compared to the rest of the industry. SMH outperforms 46.34% of its industry peers.
In the last couple of years the Profit Margin of SMH has remained more or less at the same level.
Looking at the Operating Margin, with a value of 10.65%, SMH is in line with its industry, outperforming 47.56% of the companies in the same industry.
SMH's Operating Margin has been stable in the last couple of years.
SMH has a worse Gross Margin (27.60%) than 60.98% of its industry peers.
In the last couple of years the Gross Margin of SMH 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 SMH is still 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.
The debt/assets ratio for SMH is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 9.44 indicates that SMH is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 9.44, SMH belongs to the best of the industry, outperforming 93.90% of the companies in the same industry.
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.
SMH has a worse Debt to FCF ratio (6.05) than 64.63% of its industry peers.
SMH has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.32, SMH is doing worse than 65.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 9.44 |
ROIC/WACC1.03
WACC7.94%
2.3 Liquidity
A Current Ratio of 1.80 indicates that SMH should not have too much problems paying its short term obligations.
The Current ratio of SMH (1.80) is worse than 74.39% of its industry peers.
A Quick Ratio of 1.12 indicates that SMH should not have too much problems paying its short term obligations.
SMH's Quick ratio of 1.12 is on the low side compared to the rest of the industry. SMH is outperformed by 75.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
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%.
SMH 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.
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
Based on estimates for the next years, SMH will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.17% on average per year.
SMH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.23% yearly.
EPS Next Y0.52%
EPS Next 2Y8.73%
EPS Next 3Y11.17%
EPS Next 5YN/A
Revenue Next Year-4.91%
Revenue Next 2Y-1.32%
Revenue Next 3Y0.38%
Revenue Next 5Y3.23%
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 137.79, which means the current valuation is very expensive for SMH.
SMH's Price/Earnings ratio is rather expensive when compared to the industry. SMH is more expensive than 80.49% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.54, SMH is valued quite expensively.
SMH is valuated quite expensively with a Price/Forward Earnings ratio of 97.60.
SMH's Price/Forward Earnings ratio is rather expensive when compared to the industry. SMH is more expensive than 81.71% of the companies in the same industry.
SMH's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.78.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 137.79 | ||
| Fwd PE | 97.6 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SMH indicates a slightly more expensive valuation: SMH is more expensive than 78.05% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, SMH is valued a bit more expensive than the industry average as 75.61% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 173.22 | ||
| EV/EBITDA | 47.29 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)267.54
PEG (5Y)83.87
EPS Next 2Y8.73%
EPS Next 3Y11.17%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.93%, SMH is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.23, SMH pays a better dividend. On top of this SMH pays more dividend than 100.00% of the companies listed in the same industry.
SMH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.93% |
5.2 History
On average, the dividend of SMH grows each year by 7.84%, which is quite nice.
SMH has been paying a dividend for at least 10 years, so it has a reliable track record.
SMH has decreased its dividend recently.
Dividend Growth(5Y)7.84%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
62.40% of the earnings are spent on dividend by SMH. This is not a sustainable payout ratio.
SMH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y8.73%
EPS Next 3Y11.17%
354.12
-16.77 (-4.52%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.46%
Inst Owner Change-4.24%
Ins Owners0%
Ins Owner Change0%
Market Cap251.61B
Revenue(TTM)26.74B
Net Income(TTM)1.56B
Analysts78.33
Price Target418.12 (18.07%)
Short Float %1.22%
Short Ratio0.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.93% |
Yearly Dividend1.58
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)0.59%
PT rev (3m)25.3%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.22%
EPS NY rev (3m)-18.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-3.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 137.79 | ||
| Fwd PE | 97.6 | ||
| P/S | 8.03 | ||
| P/FCF | 173.22 | ||
| P/OCF | 63.49 | ||
| P/B | 12.12 | ||
| P/tB | 16.46 | ||
| EV/EBITDA | 47.29 |
EPS(TTM)2.57
EY0.73%
EPS(NY)3.63
Fwd EY1.02%
FCF(TTM)2.04
FCFY0.58%
OCF(TTM)5.58
OCFY1.58%
SpS44.09
BVpS29.22
TBVpS21.51
PEG (NY)267.54
PEG (5Y)83.87
Graham Number41.1
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 | 9.44 |
F-Score5
WACC7.94%
ROIC/WACC1.03
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 Y0.52%
EPS Next 2Y8.73%
EPS Next 3Y11.17%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-4.91%
Revenue Next 2Y-1.32%
Revenue Next 3Y0.38%
Revenue Next 5Y3.23%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year41.54%
EBIT Next 3Y18.8%
EBIT Next 5Y16.72%
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 SEMICONDUCTOR ETF / SMH FAQ
What does VANECK SEMICONDUCTOR ETF 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 stock price of VANECK SEMICONDUCTOR ETF today?
The current stock price of SMH is 354.12 USD. The price decreased by -4.52% in the last trading session.
What is the ChartMill technical and fundamental rating of SMH stock?
SMH has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
Should I buy SMH stock?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on SMH.