VANECK VIETNAM ETF (VNM) Stock Price, Quote, News and Overview
NYSEARCA:VNM - NYSE Arca - US92189F8178 - ETF - Currency: USD
VNM gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 80 industry peers in the Automobile Components industry. While VNM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on VNM. VNM also has an excellent dividend rating. These ratings would make VNM suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
VNM had positive earnings in the past year.
VNM had a positive operating cash flow in the past year.
In the past 5 years VNM has always been profitable.
VNM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
VNM has a Return On Assets of 5.04%. This is amongst the best in the industry. VNM outperforms 83.75% of its industry peers.
With an excellent Return On Equity value of 10.12%, VNM belongs to the best of the industry, outperforming 82.50% of the companies in the same industry.
VNM has a Return On Invested Capital of 8.73%. This is amongst the best in the industry. VNM outperforms 82.50% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VNM is in line with the industry average of 9.12%.
| Industry Rank | Sector 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%
1.3 Margins
VNM has a better Profit Margin (6.93%) than 86.25% of its industry peers.
VNM's Profit Margin has been stable in the last couple of years.
VNM's Operating Margin of 11.72% is amongst the best of the industry. VNM outperforms 88.75% of its industry peers.
VNM's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 28.49%, VNM belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
VNM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so VNM is still creating some value.
The number of shares outstanding for VNM has been reduced compared to 1 year ago.
VNM has less shares outstanding than it did 5 years ago.
The debt/assets ratio for VNM is higher compared to a year ago.
2.2 Solvency
VNM has an Altman-Z score of 2.14. This is not the best score and indicates that VNM is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.14, VNM is doing worse than 70.00% of the companies in the same industry.
The Debt to FCF ratio of VNM is 3.42, which is a good value as it means it would take VNM, 3.42 years of fcf income to pay off all of its debts.
VNM's Debt to FCF ratio of 3.42 is amongst the best of the industry. VNM outperforms 85.00% of its industry peers.
VNM has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.31, VNM is doing good in the industry, outperforming 78.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 3.42 | ||
| Altman-Z | 2.14 |
ROIC/WACC1.46
WACC5.99%
2.3 Liquidity
A Current Ratio of 1.76 indicates that VNM should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.76, VNM is in the better half of the industry, outperforming 63.75% of the companies in the same industry.
VNM has a Quick Ratio of 1.11. This is a normal value and indicates that VNM is financially healthy and should not expect problems in meeting its short term obligations.
VNM's Quick ratio of 1.11 is fine compared to the rest of the industry. VNM outperforms 63.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
The earnings per share for VNM have decreased by -5.42% in the last year.
Measured over the past 5 years, VNM shows a small growth in Earnings Per Share. The EPS has been growing by 1.64% on average per year.
The Revenue has decreased by -4.06% in the past year.
The Revenue has been growing slightly by 2.41% on average over the past years.
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, VNM will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.51% on average per year.
The Revenue is expected to grow by 3.24% on average over the next years.
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 5Y3.24%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
VNM is valuated cheaply with a Price/Earnings ratio of 5.14.
Based on the Price/Earnings ratio, VNM is valued cheaply inside the industry as 95.00% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of VNM to the average of the S&P500 Index (27.50), we can say VNM is valued rather cheaply.
The Price/Forward Earnings ratio is 3.79, which indicates a rather cheap valuation of VNM.
Based on the Price/Forward Earnings ratio, VNM is valued cheaply inside the industry as 96.25% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 36.44. VNM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.14 | ||
| Fwd PE | 3.79 |
4.2 Price Multiples
95.00% of the companies in the same industry are more expensive than VNM, based on the Enterprise Value to EBITDA ratio.
VNM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VNM is cheaper than 95.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.41 | ||
| EV/EBITDA | 2.3 |
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.
The excellent profitability rating of VNM may justify a higher PE ratio.
VNM's earnings are expected to grow with 17.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.15
PEG (5Y)3.13
EPS Next 2Y23.07%
EPS Next 3Y17.51%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.23%, VNM is a good candidate for dividend investing.
VNM's Dividend Yield is comparable with the industry average which is at 4.19.
VNM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.23% |
5.2 History
On average, the dividend of VNM grows each year by 7.84%, which is quite nice.
VNM has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)7.84%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
VNM pays out 51.01% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of VNM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP51.01%
EPS Next 2Y23.07%
EPS Next 3Y17.51%
15.57
-0.1 (-0.64%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners39.91%
Inst Owner Change-0.01%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap10.99B
Analysts80
Price Target15.31 (-1.67%)
Short Float %0.55%
Short Ratio5.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.23% |
Yearly Dividend1.58
Dividend Growth(5Y)7.84%
DP51.01%
Div Incr Years0
Div Non Decr Years0
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%
PT rev (3m)3.64%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.7%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.14 | ||
| Fwd PE | 3.79 | ||
| P/S | 0.35 | ||
| P/FCF | 4.41 | ||
| P/OCF | 2.19 | ||
| P/B | 0.51 | ||
| P/tB | 0.69 | ||
| EV/EBITDA | 2.3 |
EPS(TTM)3.03
EY19.46%
EPS(NY)4.11
Fwd EY26.37%
FCF(TTM)3.53
FCFY22.7%
OCF(TTM)7.11
OCFY45.69%
SpS44.61
BVpS30.56
TBVpS22.44
PEG (NY)0.15
PEG (5Y)3.13
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 2.14 |
F-Score5
WACC5.99%
ROIC/WACC1.46
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 5Y3.24%
EBIT growth 1Y-7.52%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year66.93%
EBIT Next 3Y23.28%
EBIT Next 5Y17.83%
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%