An ETF's Positive Earnings Revisions is the position weighted Positive Earnings Revisions of the underlying stocks in the ETF. It is a bottom-up aggregation of each firms' market sentiment as measured by sell-side analysts. The number measures the proportion of increases of EPS estimates in the prior three months divided by the sum of the increases and decreases of EPS estimates by analysts in the same period. This ratio is a percent that ranges from 0 to 100 so that 50% signifies that half of EPS estimate changes have been positive. By aggregating positive estimate revisions for the ETF its possible to determine the ETF's bottom-up sentiment of its holdings. iShares Qatar ETF has the most bearish outlook and iShares Taiwan ETF has the most bullish sell-side analyst outlook in this group of iShares Emerging Country ETFs .
The Underlying Liquidity is the ETF position weighted Average Daily Volume (ADV) in USD. ETF's ADV can be measured directly by watching how much it trades. But ETFs' potential liquidity is best measured by Underlying Liquidity since the ETF provider can buy underlying stocks to grow the ETF's AUM. iShares Philippines ETF is least liquid while iShares Taiwan ETF is most liquid iShares Emerging Country ETFs .
The ETF's Book Yield is the ETF position weighted Book Yield of the underlying stocks in the ETF. It is the ratio of Stockholder's Equity to Market Cap. ETF's Book Yield is a gauge of the cheapness of the companies it holds. A firm becomes cheaper as its Book Yield increases since Book Yield is simply the inverse of the Price to Book ratio. iShares India ETF is most expensive while iShares South Korea ETF is cheapest in this group of iShares Emerging Country ETFs .
The ETF's Return on Equity is the ETF position weighted Return on Equity of the underlying stocks in the ETF. It is measured as the Net Income divided by Book Value. ETF's Return on Equity is a gauge of the financial health and general profitability of the companies it holds. Expect that asset-heavy and debt-dependent sectors will have a larger Book Value and lower Return on Equity. iShares South Korea ETF is the least profitable while iShares Turkey ETF is the most profitable ETF in this group of iShares Emerging Country ETFs .
An ETF's Debt to Market Value is the position weighted Debt to Market Value of the underlying stocks in the ETF. It is a bottom-up aggregation of each firms' ratio of the sum of Short Term and Long Term Debt to Market Cap. ETF's Debt to Market Value is a solvency measure of the companies it holds. A higher ratio means that the ETF's holdings are more highly leveraged. A lower ratio indicates that the ETF's firms are better capitalized relative to Market Cap. iShares India ETF has the lowest Debt to Market Value while iShares Chile ETF has the highest in this group of iShares Emerging Country ETFs .
An ETF's underlying Free Cash Flow Yield is the ETF position weighted Free Cash Flow Yield of the underlying stocks in the ETF. It is a ratio of a firm's Total Free Cash Flow to Market Cap. ETF's Free Cash Flow Yield is determined by the earnings power of the companies in the ETF and is an excelent measure of investor value. Free Cash Flow Yield is a gauge of firm value. The lower the ratio, the less attractive a company is as an investment, because it means investors are putting money into the company but not receiving a very good return in exchange. A high free cash flow yield result means a company is generating enough cash to easily satisfy its debt and other obligations, including dividend payouts. In addition to sustaining ongoing operations, cash flow from operations is also a funding source for a company's long-term capital investments. Before tapping into any outside financing, a company first uses its operating cash flow to meet capital expenditure requirements. Anything left is referred to as free cash flow and becomes available to equity holders. iShares Malaysia ETF is most expensive relative to Free Cash Flow while iShares Brazil ETF is cheapest in this group of iShares Emerging Country ETFs .
An ETF's Positive YoY Returns Breadth is the proportion of the ETF's assets under management with positive returns in the prior year. The number measures favorable breadth of ETF performance measured as a percent. iShares Mexico ETF has the worst Positive YoY Returns Breadth while iShares India ETF has the most favorable returns breadth in this group of iShares Emerging Country ETFs .
An ETF's underlying NTM Earnings Yield is the ETF position weighted predicted earnings yield of the underlying stocks in the ETF. It is a ratio of a firm's weighted FY1 and FY2 predicted earnings in the Next Twelve Months (NTM) to Market Cap. ETF's NTM Earnings Yield is determined by sell-side analyst FY1 and FY2 consensus earnings of the companies in the ETF. An Earnings Yield is the inverse of the Price to Earnings multiple. A higher Earnings Yield indicates a stock is cheaper relative to earnings. iShares India ETF is most expensive relative to NTM Earnings Yield while iShares Turkey ETF is cheapest in this group of iShares Emerging Country ETFs .
An ETF's underlying NTM Earnings Yield is the ETF position weighted predicted earnings yield of the underlying stocks in the ETF. It is a ratio of a firm's weighted FY1 and FY2 predicted earnings in the Next Twelve Months (NTM) to Market Cap. ETF's NTM Earnings Yield is determined by sell-side analyst FY1 and FY2 consensus earnings of the companies in the ETF. An Earnings Yield is the inverse of the Price to Earnings multiple. A higher Earnings Yield indicates a stock is cheaper relative to earnings. iShares India ETF is most expensive relative to NTM Earnings Yield while iShares Turkey ETF is cheapest in this group of iShares Emerging Country ETFs .
An ETF's Positive Earnings Revisions is the position weighted Positive Earnings Revisions of the underlying stocks in the ETF. It is a bottom-up aggregation of each firms' market sentiment as measured by sell-side analysts. The number measures the proportion of increases of EPS estimates in the prior three months divided by the sum of the increases and decreases of EPS estimates by analysts in the same period. This ratio is a percent that ranges from 0 to 100 so that 50% signifies that half of EPS estimate changes have been positive. By aggregating positive estimate revisions for the ETF its possible to determine the ETF's bottom-up sentiment of its holdings. iShares Qatar ETF has the most bearish outlook and iShares Taiwan ETF has the most bullish sell-side analyst outlook in this group of iShares Emerging Country ETFs .
An ETF's Positive Earnings Revisions is the position weighted Positive Earnings Revisions of the underlying stocks in the ETF. It is a bottom-up aggregation of each firms' market sentiment as measured by sell-side analysts. The number measures the proportion of increases of EPS estimates in the prior three months divided by the sum of the increases and decreases of EPS estimates by analysts in the same period. This ratio is a percent that ranges from 0 to 100 so that 50% signifies that half of EPS estimate changes have been positive. By aggregating positive estimate revisions for the ETF its possible to determine the ETF's bottom-up sentiment of its holdings. iShares Qatar ETF has the most bearish outlook and iShares Taiwan ETF has the most bullish sell-side analyst outlook in this group of iShares Emerging Country ETFs .
An ETF's Payout Ratio is the position weighted Payout Ratio of the underlying stocks in the ETF. It is a bottom-up aggregation of total dividends paid divided by the net income of each firm in the ETF. The number is a financial metric showing the proportion of earnings a company pays shareholders in the form of dividends, expressed as a percentage of the company's total earnings. The Payout Ratio is a key financial metric used to determine the sustainability of a dividend payment program. REITS Payout Ratio may be greater than 100% due to accounting for large depreciation in earnings and the requirement that dividends are atleast 90% of Net Income. For other sectors, it's unlikely that dividends are sustainable if the Payout Ratio is above 60%. iShares China ETF has the most sustainable Payout Ratio while iShares Qatar ETF achieves the highest level in this group of iShares Emerging Country ETFs .
An ETF's underlying Dividend Yield is the ETF position weighted Dividend Yield of the underlying stocks in the ETF. Dividend Yield is the ratio of Total Dividends per share to Price. It's how much a firm returns to each investor annually. ETF's Dividend Yield is determined by the dividends actually paid by the companies in the ETF. The Dividend Yield of the underlying companies in the ETF is the best gauge for the future Dividend Yield of the ETF. iShares India ETF has the lowest Dividend Yield while iShares Qatar ETF has the highest in this group of iShares Emerging Country ETFs .