Argent Mid Cap ETF (AMID) Valuation
AMID valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 27.3 trailing earnings
- Forward P/E
- 18.2 analyst estimates
- Price / sales
- 2.18
- Price / book
- 4.04
- EV / EBITDA
- 15.6
- Earnings yield
- 3.66% inverse of P/E
- Dividend yield
- 0.68% of the holdings
- Return on equity
- 14.8% combined
- Net margin
- 8.0% combined
- Beta
- 1.04 weighted, vs S&P 500
AMID valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| AMID | 27.3 | 18.2 | 2.18 | 4.04 | 0.68% | 14.8% | 8.0% | 5.9% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
AMID valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 27.9% | 32.2 | 24.0 | 3.02 | 6.98 | 0.64% | 21.7% |
| Technology | 20.4% | 41.4 | 26.4 | 1.53 | 5.09 | 0.09% | 12.3% |
| Financial Services | 17.2% | 17.0 | 11.4 | 2.56 | 2.70 | 1.25% | 15.9% |
| Healthcare | 16.0% | 33.2 | 16.5 | 3.41 | 5.49 | 0.41% | 16.6% |
| Consumer Cyclical | 6.5% | 21.5 | 17.4 | 2.32 | 3.54 | 0.69% | 16.5% |
| Energy | 4.5% | 14.4 | 21.3 | 1.83 | 1.59 | 1.87% | 11.1% |
| Basic Materials | 3.6% | 68.0 | 17.4 | 2.32 | 1.90 | 1.46% | 2.8% |
| Consumer Defensive | 2.7% | 31.4 | 17.0 | 0.55 | 4.75 | 0.00% | 15.1% |
AMID earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How AMID weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
AMID largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| VCTR | Victory Capital Holdings, Inc. | 4.77% | 19.9 | 12.7 | 4.3 | 1.84% | 6.93% |
| MEDP | Medpace Holdings, Inc. | 3.74% | 36.3 | 31.9 | 6.2 | — | 2.97% |
| URI | United Rentals, Inc. | 3.25% | 24.8 | 18.5 | 3.8 | 0.77% | 3.79% |
| OKTA | Okta, Inc. | 2.88% | 112.8 | 54.3 | 10.7 | — | 0.74% |
| LPLA | LPL Financial Holdings Inc. | 2.78% | 25.5 | 10.9 | 1.3 | 0.37% | 3.14% |
| ILMN | Illumina, Inc. | 2.77% | 49.0 | 40.3 | 8.8 | — | 1.63% |
| CTAS | Cintas Corporation | 2.73% | 42.1 | 36.2 | 7.3 | 0.97% | 1.87% |
| USFD | US Foods Holding Corp. | 2.70% | 31.4 | 17.0 | 0.5 | — | 2.48% |
| HNGE | Hinge Health, Inc. | 2.63% | 32.7 | 33.0 | 11.1 | — | 2.31% |
| FIX | Comfort Systems USA, Inc. | 2.56% | 35.4 | 26.0 | 4.5 | 0.25% | 2.08% |
| HLT | Hilton Worldwide Holdings Inc. | 2.48% | 50.6 | 28.7 | 15.2 | 0.17% | 1.41% |
| AME | AMETEK, Inc. | 2.37% | 36.3 | 28.2 | 7.2 | 0.55% | 1.88% |
| TWLO | Twilio Inc | 2.34% | 33.8 | 43.7 | 6.7 | — | 2.00% |
| AX | Axos Financial, Inc. | 2.31% | 10.4 | 9.6 | 3.6 | — | 6.41% |
| IFF | International Flavors & Fragrances Inc. | 2.29% | 89.8 | 17.7 | 2.1 | 1.76% | 0.74% |
| CHRD | Chord Energy Corporation | 2.29% | 10.4 | — | 1.4 | 3.36% | 6.34% |
| HLI | Houlihan Lokey, Inc. | 2.24% | 21.7 | 15.0 | 3.6 | 2.16% | 2.97% |
| SNX | TD SYNNEX Corporation | 2.20% | 15.0 | 12.7 | 0.3 | 0.78% | 4.22% |
| TEAM | Atlassian Corporation | 2.19% | — | 36.2 | 8.0 | — | −0.04% |
| VTRS | Viatris Inc. | 2.18% | — | 6.4 | 1.5 | 2.57% | −1.21% |
| FTI | TechnipFMC plc | 2.17% | 24.3 | 21.3 | 2.6 | 0.29% | 2.57% |
| DHI | D.R. Horton, Inc. | 2.13% | 12.9 | 11.9 | 1.2 | 1.29% | 4.77% |
| DSG | Descartes Systems Group Inc | 2.12% | — | — | — | — | — |
| FSS | Federal Signal Corporation | 2.12% | 24.2 | 19.8 | 2.8 | 0.53% | 2.52% |
| FTNT | Fortinet, Inc. | 2.11% | 59.8 | 45.0 | 16.5 | — | 1.02% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About AMID valuation
Adding up its 44 holdings with company data, AMID trades at 27.3 times trailing earnings and 18.2 times analysts' forward estimates, with a price-to-book ratio of 4.04 and a dividend yield of 0.68%. Its earnings yield of 3.66% is 1.67 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 30.8% of the fund and earn 27.9% of its combined profit. By sector, Basic Materials is the most expensive at 68.0 times earnings and Energy the cheapest at 14.4. Companies that lost money over the past year are 5.9% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 95.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: AMID chart, AMID performance, AMID holdings, AMID dividends.
AMID valuation FAQ
What is the P/E ratio of AMID?
Based on its holdings, AMID has a trailing P/E of 27.3 and a forward P/E of 18.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of AMID?
The trailing earnings yield is 3.66% (1 ÷ P/E) and the forward earnings yield 5.48%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is AMID more expensive than the S&P 500?
AMID trades at 27.3 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 18.2 and 19.9.
What is the price-to-book ratio of AMID?
The holdings of AMID trade at 4.04 times book value, with a combined return on equity of 14.8%.
Which sector in AMID has the highest P/E?
Basic Materials has the highest P/E at 68.0 and Energy the lowest at 14.4.