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

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

255.19  +3.89 (+1.55%)

Fundamental Rating

4

Overall SMH gets a fundamental rating of 4 out of 10. We evaluated SMH against 81 industry peers in the Automobile Components industry. SMH has only an average score on both its financial health and profitability. SMH is quite expensive at the moment. It does show a decent growth rate. Finally 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.
SMH had a positive operating cash flow in the past year.
In the past 5 years SMH has always been profitable.
In the past 5 years SMH always reported a positive cash flow from operatings.
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

SMH has a Return On Assets (5.04%) which is comparable to the rest of the industry.
SMH has a Return On Equity (10.12%) which is comparable to the rest of the industry.
SMH's Return On Invested Capital of 8.73% is in line compared to the rest of the industry. SMH outperforms 40.74% of its industry peers.
SMH had an Average Return On Invested Capital over the past 3 years of 9.25%. This is in line with the industry average of 9.04%.
Industry RankSector Rank
ROA 5.04%
ROE 10.12%
ROIC 8.73%
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

The Profit Margin of SMH (6.93%) is comparable to the rest of the industry.
SMH's Profit Margin has been stable in the last couple of years.
SMH has a Operating Margin (11.72%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of SMH has remained more or less at the same level.
SMH has a Gross Margin of 28.49%. This is in the lower half of the industry: SMH underperforms 60.49% 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 RankSector Rank
OM 11.72%
PM (TTM) 6.93%
GM 28.49%
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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5

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.
Compared to 5 years ago, SMH has less shares outstanding
Compared to 1 year ago, SMH has a worse debt to assets ratio.
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 6.80. This indicates that SMH is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.80, SMH belongs to the top of the industry, outperforming 92.59% of the companies in the same industry.
The Debt to FCF ratio of SMH is 3.42, which is a good value as it means it would take SMH, 3.42 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SMH (3.42) is comparable to the rest of the industry.
SMH has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of SMH (0.31) is worse than 62.96% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF 3.42
Altman-Z 6.8
ROIC/WACC1.01
WACC8.68%
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

A Current Ratio of 1.76 indicates that SMH should not have too much problems paying its short term obligations.
SMH's Current ratio of 1.76 is on the low side compared to the rest of the industry. SMH is outperformed by 77.78% of its industry peers.
SMH has a Quick Ratio of 1.11. This is a normal value and indicates that SMH is financially healthy and should not expect problems in meeting its short term obligations.
SMH has a worse Quick ratio (1.11) than 77.78% of its industry peers.
Industry RankSector Rank
Current Ratio 1.76
Quick Ratio 1.11
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

The earnings per share for SMH have decreased by -5.42% in the last year.
The Earnings Per Share has been growing slightly by 1.64% on average over the past years.
SMH shows a decrease in Revenue. In the last year, the revenue decreased by -4.06%.
SMH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.41% yearly.
EPS 1Y (TTM)-5.42%
EPS 3Y0.78%
EPS 5Y1.64%
EPS Q2Q%-5.56%
Revenue 1Y (TTM)-4.06%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.87%

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 17.51% on average per year.
Based on estimates for the next years, SMH will show a small growth in Revenue. The Revenue will grow by 3.22% on average per year.
EPS Next Y35.36%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
EPS Next 5YN/A
Revenue Next Year0.83%
Revenue Next 2Y2%
Revenue Next 3Y2.43%
Revenue Next 5Y3.22%

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

With a Price/Earnings ratio of 85.35, SMH can be considered very expensive at the moment.
Based on the Price/Earnings ratio, SMH is valued a bit more expensive than 79.01% of the companies in the same industry.
When comparing the Price/Earnings ratio of SMH to the average of the S&P500 Index (26.30), we can say SMH is valued expensively.
SMH is valuated quite expensively with a Price/Forward Earnings ratio of 62.99.
SMH's Price/Forward Earnings ratio is rather expensive when compared to the industry. SMH is more expensive than 82.72% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.06. SMH is valued rather expensively when compared to this.
Industry RankSector Rank
PE 85.35
Fwd PE 62.99
SMH Price Earnings VS Forward Price EarningsSMH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

81.48% 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 the industry average as 79.01% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 73.2
EV/EBITDA 30.48
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 an expensive valuation of the company.
A more expensive valuation may be justified as SMH's earnings are expected to grow with 17.51% in the coming years.
PEG (NY)2.41
PEG (5Y)51.95
EPS Next 2Y23.07%
EPS Next 3Y17.51%

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8

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 4.07%, SMH is a good candidate for dividend investing.
SMH's Dividend Yield is rather good when compared to the industry average which is at 4.14. SMH pays more dividend than 95.06% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, SMH pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.07%

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
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

51.01% of the earnings are spent on dividend by SMH. This is a bit on the high side, but may be sustainable.
SMH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP51.01%
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 (6/6/2025, 11:13:07 AM)

255.19

+3.89 (+1.55%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)04-24 2025-04-24
Earnings (Next)07-24 2025-07-24
Inst Owners39.74%
Inst Owner Change1.67%
Ins Owners0%
Ins Owner Change0%
Market Cap180.10B
Analysts77.6
Price Target247.53 (-3%)
Short Float %2.02%
Short Ratio1.5
Dividend
Industry RankSector Rank
Dividend Yield 4.07%
Yearly Dividend1.53
Dividend Growth(5Y)7.84%
DP51.01%
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)3.67%
PT rev (3m)-6.33%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.22%
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 85.35
Fwd PE 62.99
P/S 5.8
P/FCF 73.2
P/OCF 36.36
P/B 8.47
P/tB 11.53
EV/EBITDA 30.48
EPS(TTM)2.99
EY1.17%
EPS(NY)4.05
Fwd EY1.59%
FCF(TTM)3.49
FCFY1.37%
OCF(TTM)7.02
OCFY2.75%
SpS44.01
BVpS30.15
TBVpS22.14
PEG (NY)2.41
PEG (5Y)51.95
Profitability
Industry RankSector Rank
ROA 5.04%
ROE 10.12%
ROCE 11.13%
ROIC 8.73%
ROICexc 10.35%
ROICexgc 13.02%
OM 11.72%
PM (TTM) 6.93%
GM 28.49%
FCFM 7.92%
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 Turnover0.73
Health
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF 3.42
Debt/EBITDA 1.12
Cap/Depr 110.04%
Cap/Sales 8.02%
Interest Coverage 12.7
Cash Conversion 83.87%
Profit Quality 114.33%
Current Ratio 1.76
Quick Ratio 1.11
Altman-Z 6.8
F-Score5
WACC8.68%
ROIC/WACC1.01
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)-5.42%
EPS 3Y0.78%
EPS 5Y1.64%
EPS Q2Q%-5.56%
EPS Next Y35.36%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.06%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.87%
Revenue Next Year0.83%
Revenue Next 2Y2%
Revenue Next 3Y2.43%
Revenue Next 5Y3.22%
EBIT growth 1Y-7.52%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year66.93%
EBIT Next 3Y23.28%
EBIT Next 5Y17.57%
FCF growth 1Y-29.4%
FCF growth 3Y21.5%
FCF growth 5Y7.22%
OCF growth 1Y-17.99%
OCF growth 3Y14.27%
OCF growth 5Y5.48%