SMH

VanEck Semiconductor ETF

Fundamental data last updated:June 10, 2026

We may earn a commission from partner links. This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate.

company profile

SECTOR

Financial Services

industry

Asset Management

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

Not Scheduled

Business Summary

The VanEck Semiconductor ETF (SMH) strives to mirror, as closely as feasible, the price and yield performance of the MVIS US Listed Semiconductor 25 Index (MVSMHTR), prior to the assessment of any fees or expenses. This underlying index is designed to reflect the comprehensive performance of businesses engaged in the manufacturing of semiconductors and related equipment.

 


VALUATION

P/E

N/A

Market Cap ($M USD)

$67.46B

Forward P/E

N/A

PEG

N/A

PRICE TO SALES

N/A

PRICE TO BOOK

N/A

EV / EBITDA

N/A

5-Year Average P/E

Free Cash Flow Yield

N/A

DCF Value

N/A

Graham Number

N/A

Price to FCF

N/A

EV to FCF

N/A

Earnings Yield

N/A

FCF Yield

N/A

DIVIDEND

Yield

N/A

Annual Payout

N/A

Payout Ratio

N/A

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

N/A

Next Year EPS Growth Estimate

N/A

Next Year Revenue Growth Estimate

N/A

Return on Equity (ROE)

N/A

FREE CASH FLOW

Operating Margin

N/A

Debt-to-Equity

N/A

Piotroski F-Score

N/A

Altman Z-Score

N/A

Return on Invested Capital (ROIC)

N/A

Current Ratio

N/A

Quick Ratio

N/A

Net Debt to EBITDA

N/A

Interest Coverage

N/A

Gross Profit margin

N/A

FCF PER SHARE

N/A

REVENUE PER SHARE

N/A

Gainseekers Quantitative Analysis

Summary

The market’s current pricing of SMH VanEck Semiconductor ETF appears to be riding high, with its snapshot price extended well above both the 50-Day and 200-Day SMAs. This technical overextension, combined with a lack of concrete valuation metrics like DCF Value or Graham Number, raises questions about its intrinsic worth. The absence of a Forward P/E, Earnings Yield, and Altman Z-score leaves investors in the dark about its growth prospects and financial safety. Without these critical indicators, the stock’s valuation remains speculative, potentially leaving it vulnerable to market corrections.

AI Exposure / Tech Reliance

Positioned within the asset management industry, SMH is uniquely poised to capitalize on the AI and tech revolution. As a semiconductor ETF, it indirectly benefits from the increasing demand for chips, which are the backbone of AI technologies. This positioning could offer resilience and growth as tech continues to evolve.

The Bull Case

For the value or GARP investor, the allure of SMH lies in its sector's inherent growth potential rather than specific financial metrics. While traditional indicators like ROIC, FCF Yield, and Piotroski F-Score are absent, the ETF's exposure to the semiconductor industry suggests an underlying strength in capitalizing on tech-driven demand. This potential for growth, despite the lack of explicit financial data, could be seen as a strategic play on future technological advancements.

The Bear Case

The glaring risk for SMH is its proximity to the 52-week high, indicating a potential overvaluation. With no available data on Price/Book, Price/Sales, or cash flow metrics, investors are left without a clear picture of its financial health. This lack of transparency, coupled with the technical overextension, suggests a precarious position that could lead to significant downside if market sentiment shifts.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

N/A

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

1.97

Insider Buying % (6 Mo)

Distance to 52-Week High

8.76%

Distance to 52-Week Low

56.68%

EARNINGS SURPRISE %

N/A

50-DAY SMA

$511.29

200-DAY SMA

$398.24

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.