First Trust Capital Strength ETF (FTCS) Valuation
FTCS valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 20.5 trailing earnings
- Forward P/E
- 17.8 analyst estimates
- Price / sales
- 2.15
- Price / book
- 5.07
- EV / EBITDA
- 15.6
- Earnings yield
- 4.88% inverse of P/E
- Dividend yield
- 1.57% of the holdings
- Return on equity
- 24.7% combined
- Net margin
- 10.5% combined
- Beta
- 0.73 weighted, vs S&P 500
FTCS valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| FTCS | 20.5 | 17.8 | 2.15 | 5.07 | 1.57% | 24.7% | 10.5% | 0.0% |
| 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.
FTCS valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 31.6% | 14.7 | 14.3 | 3.14 | 3.02 | 1.52% | 20.5% |
| Industrials | 19.8% | 23.4 | 19.3 | 2.79 | 6.40 | 1.63% | 27.4% |
| Consumer Defensive | 15.9% | 27.3 | 23.2 | 1.85 | 8.67 | 2.00% | 31.8% |
| Healthcare | 10.0% | 30.1 | 19.6 | 0.92 | 9.12 | 1.16% | 30.3% |
| Consumer Cyclical | 10.0% | 22.5 | 21.2 | 2.34 | 10.18 | 1.28% | 45.2% |
| Basic Materials | 6.1% | 24.4 | 19.0 | 2.82 | 4.46 | 1.70% | 18.3% |
| Technology | 3.9% | 31.5 | 27.0 | 6.99 | 25.43 | 1.34% | 80.7% |
| Energy | 2.0% | 16.8 | 9.7 | 0.77 | 3.25 | 1.81% | 19.4% |
FTCS 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 FTCS weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
FTCS largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| PPG | PPG Industries, Inc. | 2.10% | 15.4 | 12.4 | 1.5 | 2.76% | 2.81% |
| HD | The Home Depot, Inc. | 2.08% | 21.5 | 19.8 | 1.8 | 3.01% | 1.99% |
| AMGN | Amgen Inc. | 2.08% | 26.9 | 16.7 | 6.1 | 2.33% | 1.60% |
| MNST | Monster Beverage Corporation | 2.08% | 42.3 | 33.7 | 9.7 | — | 1.01% |
| VRTX | Vertex Pharmaceuticals Incorporated | 2.07% | 28.9 | 24.1 | 10.1 | — | 1.48% |
| NOC | Northrop Grumman Corporation | 2.07% | 16.5 | 17.0 | 1.7 | 1.90% | 2.58% |
| JNJ | Johnson & Johnson | 2.06% | 38.8 | 21.0 | 6.2 | 2.10% | 1.09% |
| CINF | Cincinnati Financial Corporation | 2.06% | 8.1 | 18.5 | 1.9 | 2.20% | 5.25% |
| LIN | Linde plc | 2.04% | 32.2 | 23.6 | 6.5 | 1.28% | 1.31% |
| TJX | The TJX Companies, Inc. | 2.04% | 27.3 | 24.9 | 2.6 | 1.30% | 1.54% |
| SNA | Snap-on Incorporated | 2.04% | 18.7 | 17.3 | 3.6 | 2.66% | 2.25% |
| CL | Colgate-Palmolive Company | 2.03% | 37.1 | 21.0 | 3.6 | 2.25% | 1.13% |
| V | Visa Inc. | 2.03% | 34.3 | 24.0 | 17.0 | 0.67% | 1.22% |
| WRB | W. R. Berkley Corporation | 2.02% | 15.5 | 13.8 | 1.9 | 0.53% | 2.68% |
| TGT | Target Corporation | 2.01% | 16.0 | 15.6 | 0.7 | 3.01% | 2.59% |
| GD | General Dynamics Corporation | 2.01% | 21.0 | 18.5 | 1.7 | 1.85% | 1.98% |
| COST | Costco Wholesale Corporation | 2.01% | 47.6 | 40.3 | 1.4 | 0.59% | 0.87% |
| WMT | Walmart Inc. | 2.01% | 43.0 | 38.0 | 1.3 | 0.83% | 0.96% |
| UNP | Union Pacific Corporation | 2.01% | 23.4 | 19.3 | 6.8 | 1.97% | 1.77% |
| AFL | Aflac Incorporated | 2.01% | 12.9 | 15.2 | 3.3 | 2.03% | 3.21% |
| ADP | Automatic Data Processing, Inc. | 2.00% | 26.4 | 22.0 | 5.2 | 2.35% | 1.56% |
| RJF | Raymond James Financial, Inc. | 2.00% | 13.7 | 11.4 | 2.0 | 1.38% | 3.02% |
| PSX | Phillips 66 | 2.00% | 16.8 | 9.7 | 0.8 | 1.81% | 2.46% |
| CME | CME Group Inc. | 2.00% | 24.9 | 21.9 | 15.6 | 1.77% | 1.65% |
| CB | Chubb Limited | 2.00% | 12.7 | 11.6 | 2.2 | 1.13% | 3.23% |
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 FTCS valuation
Adding up its 50 holdings with company data, FTCS trades at 20.5 times trailing earnings and 17.8 times analysts' forward estimates, with a price-to-book ratio of 5.07 and a dividend yield of 1.57%. Its earnings yield of 4.88% is 0.45 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 20.7% of the fund and earn 20.7% of its combined profit. By sector, Technology is the most expensive at 31.5 times earnings and Financial Services the cheapest at 14.7. Companies that lost money over the past year are 0.0% 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 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: FTCS chart, FTCS performance, FTCS holdings, FTCS dividends.
FTCS valuation FAQ
What is the P/E ratio of FTCS?
Based on its holdings, FTCS has a trailing P/E of 20.5 and a forward P/E of 17.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of FTCS?
The trailing earnings yield is 4.88% (1 ÷ P/E) and the forward earnings yield 5.62%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is FTCS more expensive than the S&P 500?
FTCS trades at 20.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 17.8 and 19.9.
What is the price-to-book ratio of FTCS?
The holdings of FTCS trade at 5.07 times book value, with a combined return on equity of 24.7%.
Which sector in FTCS has the highest P/E?
Technology has the highest P/E at 31.5 and Financial Services the lowest at 14.7.