Franklin Focused Growth ETF (FFOG) Valuation
FFOG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 33.8 trailing earnings
- Forward P/E
- 25.9 analyst estimates
- Price / sales
- 4.76
- Price / book
- 11.86
- EV / EBITDA
- 21.8
- Earnings yield
- 2.95% inverse of P/E
- Dividend yield
- 0.31% of the holdings
- Return on equity
- 35.0% combined
- Net margin
- 14.1% combined
- Beta
- 1.48 weighted, vs S&P 500
FFOG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| FFOG | 33.8 | 25.9 | 4.76 | 11.86 | 0.31% | 35.0% | 14.1% | 8.5% |
| 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.
FFOG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 56.0% | 43.7 | 25.7 | 3.99 | 19.00 | 0.40% | 43.4% |
| Communication Services | 14.5% | 19.6 | 22.6 | 8.79 | 7.02 | 0.27% | 35.9% |
| Consumer Cyclical | 12.2% | 23.7 | 26.9 | 3.72 | 5.60 | 0.00% | 23.7% |
| Healthcare | 8.5% | 50.4 | 28.7 | 11.21 | 12.04 | 0.26% | 23.9% |
| Industrials | 4.6% | 59.6 | 42.0 | 5.79 | 19.31 | 0.09% | 32.4% |
| Financial Services | 3.0% | 34.0 | 24.2 | 15.42 | 87.42 | 0.56% | 257.4% |
| Energy | 0.9% | 24.3 | 21.3 | 2.62 | 8.49 | 0.29% | 35.0% |
FFOG 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 FFOG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
FFOG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 10.05% | 27.1 | 24.9 | 17.1 | 0.47% | 13.27% |
| AMZN | Amazon.com, Inc. | 9.83% | 20.1 | 23.6 | 3.5 | — | 17.47% |
| GOOGL | Alphabet Inc. | 9.45% | 17.1 | 22.8 | 9.3 | 0.26% | 19.76% |
| AAPL | Apple Inc. | 6.18% | 39.4 | 35.2 | 10.7 | 0.31% | 5.61% |
| META | Meta Platforms, Inc. | 5.08% | 26.7 | 22.1 | 7.9 | 0.30% | 6.79% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 4.23% | 26.7 | 21.4 | 0.4 | 0.91% | 5.65% |
| MSFT | Microsoft Corporation | 4.19% | 29.5 | 25.1 | 11.8 | 0.74% | 5.09% |
| AVGO | Broadcom Inc. | 3.63% | 43.3 | 19.4 | 17.6 | 0.79% | 3.00% |
| SNDK | Sandisk Corporation | 3.31% | 17.6 | 8.0 | 9.3 | — | 6.73% |
| MA | Mastercard Incorporated | 3.05% | 34.0 | 24.2 | 15.4 | 0.56% | 3.21% |
| AMD | Advanced Micro Devices, Inc. | 2.61% | 134.9 | 39.5 | 20.9 | — | 0.69% |
| LLY | Eli Lilly and Company | 2.31% | 42.2 | 24.4 | 14.1 | 0.55% | 1.96% |
| NET | Cloudflare, Inc. | 2.19% | — | 178.6 | 42.0 | — | −0.14% |
| ASML | ASML Holding N.V. | 2.16% | 40.4 | 28.9 | 16.0 | 0.55% | 1.92% |
| 000660 | SK Hynix Inc | 2.12% | — | — | — | — | — |
| NTRA | Natera, Inc. | 2.11% | — | — | 20.9 | — | −0.26% |
| CLS | Celestica Inc. | 2.10% | — | — | — | — | — |
| LRCX | Lam Research Corporation | 1.96% | 45.8 | 33.7 | 14.2 | 0.50% | 1.53% |
| KLAC | KLA Corporation | 1.85% | 45.3 | 34.8 | 15.9 | 0.56% | 1.46% |
| BE | Bloom Energy Corporation | 1.85% | 291.2 | 57.1 | 20.9 | — | 0.23% |
| TSLA | Tesla, Inc. | 1.48% | 328.4 | 158.7 | 13.5 | — | 0.16% |
| SNOW | Snowflake Inc. | 1.46% | — | 169.5 | 19.9 | — | −0.54% |
| ANET | Arista Networks, Inc. | 1.44% | 55.8 | 39.2 | 21.2 | — | 0.92% |
| SHOP | Shopify Inc. | 1.42% | 114.5 | 58.8 | 16.6 | — | 0.44% |
| GEV | GE Vernova Inc. | 1.36% | 26.4 | 38.8 | 5.9 | 0.22% | 1.84% |
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 FFOG valuation
Adding up its 36 holdings with company data, FFOG trades at 33.8 times trailing earnings and 25.9 times analysts' forward estimates, with a price-to-book ratio of 11.86 and a dividend yield of 0.31%. Its earnings yield of 2.95% is 2.37 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 59.0% of the fund and earn 86.6% of its combined profit. By sector, Industrials is the most expensive at 59.6 times earnings and Communication Services the cheapest at 19.6. Companies that lost money over the past year are 8.5% 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 94.9% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: FFOG chart, FFOG performance, FFOG holdings.
FFOG valuation FAQ
What is the P/E ratio of FFOG?
Based on its holdings, FFOG has a trailing P/E of 33.8 and a forward P/E of 25.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of FFOG?
The trailing earnings yield is 2.95% (1 ÷ P/E) and the forward earnings yield 3.86%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is FFOG more expensive than the S&P 500?
FFOG trades at 33.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 25.9 and 19.9.
What is the price-to-book ratio of FFOG?
The holdings of FFOG trade at 11.86 times book value, with a combined return on equity of 35.0%.
Which sector in FFOG has the highest P/E?
Industrials has the highest P/E at 59.6 and Communication Services the lowest at 19.6.