ARCA:IEV

Stock Analysis Report

iShares Trust - iShares Europe ETF

Executive Summary

iShares Trust - iShares Europe ETF is an exchange traded fund launched by BlackRock, Inc.


Snowflake Analysis

Share Price & News

How has iShares Trust - iShares Europe ETF's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IEV has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.7%

IEV

-1.5%

US Capital Markets

-1.1%

US Market


1 Year Return

8.7%

IEV

15.4%

US Capital Markets

17.8%

US Market

Return vs Industry: IEV underperformed the US Capital Markets industry which returned 15.4% over the past year.

Return vs Market: IEV underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

IEVIndustryMarket
7 Day-0.7%-1.5%-1.1%
30 Day-0.7%1.0%1.5%
90 Day1.9%3.9%6.6%
1 Year12.3%8.7%17.6%15.4%20.2%17.8%
3 Year26.2%15.6%37.5%29.8%47.5%38.1%
5 Year18.2%2.4%78.9%62.4%71.2%52.4%

Price Volatility Vs. Market

How volatile is iShares Trust - iShares Europe ETF's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is iShares Trust - iShares Europe ETF undervalued compared to its fair value and its price relative to the market?

1.07x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: IEV ($46.43) is trading above our estimate of fair value ($27.45)

Significantly Below Fair Value: IEV is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: IEV is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: IEV is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IEV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IEV is good value based on its PB Ratio (1.1x) compared to the US Capital Markets industry average (6.6x).

Future Growth

How is iShares Trust - iShares Europe ETF forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.7%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as iShares Trust - iShares Europe ETF has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has iShares Trust - iShares Europe ETF performed over the past 5 years?

25.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IEV is currently unprofitable.

Growing Profit Margin: IEV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IEV is unprofitable, but has reduced losses over the past 5 years at a rate of 25.9% per year.

Accelerating Growth: Unable to compare IEV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IEV is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.4%).


Return on Equity

High ROE: IEV has a negative Return on Equity (-3.02%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed

Financial Health

How is iShares Trust - iShares Europe ETF's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: IEV has a low level of unsold assets or inventory.

Debt Coverage by Assets: IEV's debt is covered by short term assets (assets are 4.3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: IEV has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if IEV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Financial Institutions Analysis

Asset Level: IEV's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if IEV has a sufficient allowance for bad loans.

Low Risk Liabilities: IEV reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if IEV has an acceptable proportion of non-loan assets held.

Low Risk Deposits: IEV has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if IEV has an appropriate level of bad loans.

Dividend

What is iShares Trust - iShares Europe ETF's current dividend yield, its reliability and sustainability?

2.89%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: IEV's dividend (2.89%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: IEV's dividend (2.89%) is low compared to the top 25% of dividend payers in the US market (3.73%).


Stability and Growth of Payments

Stable Dividend: IEV's dividend payments have been volatile in the past 10 years.

Growing Dividend: IEV's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: IEV is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

iShares Trust - iShares Europe ETF has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Greg Savage
Portfolio Manager12.1yrsno datano data
Jennifer Hsui
Portfolio Manager8.1yrsno datano data
Alan Mason
Portfolio Manager4.1yrsno datano data
Rachel Aguirre
Portfolio Manager2.1yrsno datano data
Amy Whitelaw
Portfolio Manager2.1yrsno datano data

4.1yrs

Average Tenure

Experienced Management: IEV's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
George Parker
20.1yrsUS$115.00kno data
Robert Silver
Independent Chairman8.1yrsUS$90.00kno data
John Martinez
17.1yrsUS$90.00kno data
John Kerrigan
15.1yrsUS$90.00kno data
Charles Hurty
15.1yrsUS$110.00kno data
Cecilia Herbert
15.1yrsUS$90.00kno data

15.1yrs

Average Tenure

66.5yo

Average Age

Experienced Board: IEV's board of directors are seasoned and experienced ( 15.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

iShares Trust - iShares Europe ETF's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • iShares Trust - iShares Europe ETF
  • 400 Howard Street
  • San Francisco
  • California
  • 94105
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IEVARCA (NYSE Arca)YesShare CapitalUSUSDJul 2000
IEVCLSNSE (Santiago Stock Exchange)YesShare CapitalCLCLPJul 2000
0A13LSE (London Stock Exchange)YesShare CapitalGBUSDJul 2000
IEUASX (Australian Securities Exchange)S&P EUROPE 350 INDEX FUND CDI 1:1AUAUDNov 2007
IEUCHIA (Chi-X Australia)S&P EUROPE 350 INDEX FUND CDI 1:1AUAUDNov 2007

Biography

iShares Trust - iShares Europe ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of Europe region. It invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the S&P Europe 350 Index, by using representative sampling technique. iShares Trust - iShares Europe ETF was formed on July 25, 2000 and is domiciled in the United States. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 00:28
End of Day Share Price2020/02/21 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.