Distillate US Fundamental Stability & Value (DSTL) Valuation
DSTL valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 19.0 trailing earnings
- Forward P/E
- 12.5 analyst estimates
- Price / sales
- 1.45
- Price / book
- 3.55
- EV / EBITDA
- 11.1
- Earnings yield
- 5.27% inverse of P/E
- Dividend yield
- 1.46% of the holdings
- Return on equity
- 18.7% combined
- Net margin
- 7.7% combined
- Beta
- 0.87 weighted, vs S&P 500
DSTL valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| DSTL | 19.0 | 12.5 | 1.45 | 3.55 | 1.46% | 18.7% | 7.7% | 0.7% |
| 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.
DSTL valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 25.6% | 19.1 | 12.6 | 2.49 | 4.44 | 1.11% | 23.2% |
| Healthcare | 22.2% | 22.1 | 13.4 | 0.98 | 3.57 | 1.04% | 16.1% |
| Industrials | 12.7% | 21.9 | 14.7 | 1.69 | 3.45 | 1.49% | 15.8% |
| Consumer Cyclical | 11.1% | 15.3 | 12.8 | 1.16 | 3.82 | 1.51% | 25.0% |
| Financial Services | 9.4% | 19.5 | 13.9 | 3.36 | 3.05 | 1.31% | 15.6% |
| Communication Services | 6.6% | 13.8 | 8.7 | 1.24 | 2.01 | 3.10% | 14.6% |
| Consumer Defensive | 5.0% | 17.3 | 11.8 | 0.77 | 4.81 | 3.38% | 27.8% |
| Energy | 4.8% | 22.1 | 7.7 | 1.40 | 2.84 | 1.19% | 12.8% |
| Basic Materials | 1.4% | 12.9 | 15.8 | 3.81 | 3.20 | 1.44% | 24.7% |
| Utilities | 1.1% | 25.6 | 13.3 | 2.66 | 15.41 | 0.61% | 60.1% |
DSTL 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 DSTL weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
DSTL largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| ACN | Accenture plc | 2.23% | 16.9 | 12.4 | 1.9 | 2.98% | 2.55% |
| UNH | UnitedHealth Group Incorporated | 2.22% | 25.8 | 16.6 | 0.8 | 2.31% | 1.66% |
| CRM | Salesforce, Inc. | 2.13% | 22.0 | 14.0 | 4.5 | 0.73% | 1.88% |
| ABBV | AbbVie Inc. | 1.99% | 80.6 | 16.4 | 7.8 | 2.42% | 0.48% |
| MPC | Marathon Petroleum Corporation | 1.81% | 16.6 | 5.5 | 0.9 | 0.84% | 2.12% |
| MRK | Merck & Co., Inc. | 1.81% | 115.8 | 15.3 | 5.4 | 2.33% | 0.30% |
| CMCSA | Comcast Corporation | 1.73% | 7.1 | 5.9 | 0.6 | 6.03% | 4.73% |
| MO | Altria Group, Inc. | 1.54% | 15.8 | 11.9 | 6.1 | 5.91% | 1.88% |
| UBER | Uber Technologies, Inc. | 1.52% | 15.4 | 15.9 | 2.6 | — | 1.91% |
| ADBE | Adobe Inc. | 1.48% | 13.7 | 8.7 | 3.7 | — | 2.09% |
| BKNG | Booking Holdings Inc. | 1.47% | 18.1 | 13.3 | 4.3 | 1.03% | 1.57% |
| CI | Cigna Corporation | 1.46% | 12.5 | 8.3 | 0.3 | 2.06% | 2.26% |
| LOW | Lowe's Companies, Inc. | 1.45% | 16.7 | 15.6 | 1.2 | 2.53% | 1.68% |
| PYPL | PayPal Holdings, Inc. | 1.40% | 10.7 | 9.1 | 1.4 | 0.99% | 2.52% |
| REGN | Regeneron Pharmaceuticals, Inc. | 1.36% | 19.6 | 14.5 | 5.2 | 0.48% | 1.35% |
| TMUS | T-Mobile US, Inc. | 1.36% | 16.6 | 11.7 | 1.9 | 2.94% | 1.58% |
| INTU | Intuit Inc. | 1.32% | 19.8 | 12.7 | 4.1 | 1.70% | 1.29% |
| ADP | Automatic Data Processing, Inc. | 1.29% | 26.4 | 22.0 | 5.2 | 2.35% | 0.94% |
| FANG | Diamondback Energy, Inc. | 1.28% | 38.8 | 10.0 | 3.5 | 2.16% | 0.64% |
| MRSH | Marsh & McLennan Companies, Inc. | 1.25% | 22.5 | 15.0 | 3.2 | 2.10% | 1.07% |
| AJG | Arthur J. Gallagher & Co. | 1.19% | 42.3 | 16.3 | 4.3 | 1.10% | 0.54% |
| MCK | McKesson Corporation | 1.18% | 26.9 | 19.7 | 0.3 | 0.37% | 0.85% |
| CAH | Cardinal Health, Inc. | 1.17% | 35.1 | 17.7 | 0.2 | 0.81% | 0.64% |
| CME | CME Group Inc. | 1.14% | 24.9 | 21.9 | 15.6 | 1.77% | 0.89% |
| ADSK | Autodesk, Inc. | 1.13% | 31.1 | 17.6 | 6.4 | — | 0.71% |
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 DSTL valuation
Adding up its 98 holdings with company data, DSTL trades at 19.0 times trailing earnings and 12.5 times analysts' forward estimates, with a price-to-book ratio of 3.55 and a dividend yield of 1.46%. Its earnings yield of 5.27% is 0.06 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 18.4% of the fund and earn 19.6% of its combined profit. By sector, Utilities is the most expensive at 25.6 times earnings and Basic Materials the cheapest at 12.9. Companies that lost money over the past year are 0.7% 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 97.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: DSTL chart, DSTL performance, DSTL holdings, DSTL dividends.
DSTL valuation FAQ
What is the P/E ratio of DSTL?
Based on its holdings, DSTL has a trailing P/E of 19.0 and a forward P/E of 12.5 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of DSTL?
The trailing earnings yield is 5.27% (1 ÷ P/E) and the forward earnings yield 8.02%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is DSTL more expensive than the S&P 500?
DSTL trades at 19.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 12.5 and 19.9.
What is the price-to-book ratio of DSTL?
The holdings of DSTL trade at 3.55 times book value, with a combined return on equity of 18.7%.
Which sector in DSTL has the highest P/E?
Utilities has the highest P/E at 25.6 and Basic Materials the lowest at 12.9.