52.502 USD
+0.27 (+0.52%)
Overall VXZ gets a fundamental rating of 3 out of 10. We evaluated VXZ against 383 industry peers in the Banks industry. Both the profitability and financial health of VXZ have multiple concerns. VXZ is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year VXZ was profitable.
- VXZ had a negative operating cash flow in the past year.
- Each year in the past 5 years VXZ has been profitable.
- Of the past 5 years VXZ 4 years had a positive operating cash flow.
1.2 Ratios
- VXZ has a Return On Assets of 0.59%. This is in the lower half of the industry: VXZ underperforms 73.11% of its industry peers.
- The Return On Equity of VXZ (12.49%) is better than 82.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.59% | ||
| ROE | 12.49% | ||
| ROIC | N/A |
ROA(3y)0.32%
ROA(5y)0.31%
ROE(3y)6.92%
ROE(5y)6.41%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- VXZ's Profit Margin of 20.33% is on the low side compared to the rest of the industry. VXZ is outperformed by 66.32% of its industry peers.
- In the last couple of years the Profit Margin of VXZ has grown nicely.
- The Operating Margin and Gross Margin are not available for VXZ so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 20.33% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-11.91%
PM growth 5Y11.07%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- VXZ does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, VXZ has less shares outstanding
- The number of shares outstanding for VXZ has been reduced compared to 5 years ago.
- Compared to 1 year ago, VXZ has about the same debt to assets ratio.
2.2 Solvency
- A Debt/Equity ratio of 3.86 is on the high side and indicates that VXZ has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 3.86, VXZ is doing worse than 93.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.86 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC6.53%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- VXZ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 36.69%, which is quite impressive.
- Measured over the past years, VXZ shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.00% on average per year.
- The Revenue has been growing slightly by 5.48% in the past year.
- The Revenue has been growing slightly by 5.03% on average over the past years.
EPS 1Y (TTM)36.69%
EPS 3Y0.56%
EPS 5Y11%
EPS Q2Q%12.77%
Revenue 1Y (TTM)5.48%
Revenue growth 3Y7.82%
Revenue growth 5Y5.03%
Sales Q2Q%9.47%
3.2 Future
- VXZ is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.28% yearly.
- Based on estimates for the next years, VXZ will show a small growth in Revenue. The Revenue will grow by 4.45% on average per year.
EPS Next Y12.53%
EPS Next 2Y17.93%
EPS Next 3Y17.34%
EPS Next 5Y11.28%
Revenue Next Year9.61%
Revenue Next 2Y7.35%
Revenue Next 3Y6.22%
Revenue Next 5Y4.45%
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 stable.
- 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
- A Price/Earnings ratio of 20.27 indicates a rather expensive valuation of VXZ.
- Based on the Price/Earnings ratio, VXZ is valued expensively inside the industry as 81.72% of the companies are valued cheaper.
- VXZ is valuated rather cheaply when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 17.49, VXZ is valued on the expensive side.
- VXZ's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. VXZ is more expensive than 76.76% of the companies in the same industry.
- VXZ is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.27 | ||
| Fwd PE | 17.49 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- VXZ's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- VXZ's earnings are expected to grow with 17.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.62
PEG (5Y)1.84
EPS Next 2Y17.93%
EPS Next 3Y17.34%
5. Dividend
5.1 Amount
- VXZ has a Yearly Dividend Yield of 1.75%. Purely for dividend investing, there may be better candidates out there.
- VXZ's Dividend Yield is slightly below the industry average, which is at 2.64.
- VXZ's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.75% |
5.2 History
- The dividend of VXZ is nicely growing with an annual growth rate of 6.61%!
- VXZ does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)6.61%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- The dividend of VXZ is growing, but earnings are growing more, so the dividend growth is sustainable.
DPN/A
EPS Next 2Y17.93%
EPS Next 3Y17.34%
IPATH SER B S&P 500 VIX M/T / VXZ FAQ
What is the ChartMill fundamental rating of IPATH SER B S&P 500 VIX M/T (VXZ) stock?
ChartMill assigns a fundamental rating of 3 / 10 to VXZ.
Can you provide the valuation status for IPATH SER B S&P 500 VIX M/T?
ChartMill assigns a valuation rating of 2 / 10 to IPATH SER B S&P 500 VIX M/T (VXZ). This can be considered as Overvalued.
Can you provide the profitability details for IPATH SER B S&P 500 VIX M/T?
IPATH SER B S&P 500 VIX M/T (VXZ) has a profitability rating of 3 / 10.
What are the PE and PB ratios of IPATH SER B S&P 500 VIX M/T (VXZ) stock?
The Price/Earnings (PE) ratio for IPATH SER B S&P 500 VIX M/T (VXZ) is 20.27 and the Price/Book (PB) ratio is 1.75.