Gabelli Equity Income ETF (GCAD) Valuation
GCAD valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 56.0 trailing earnings
- Forward P/E
- 21.6 analyst estimates
- Price / sales
- 2.18
- Price / book
- 3.87
- EV / EBITDA
- 19.7
- Earnings yield
- 1.79% inverse of P/E
- Dividend yield
- 0.77% of the holdings
- Return on equity
- 6.9% combined
- Net margin
- 3.9% combined
- Beta
- 0.90 weighted, vs S&P 500
GCAD valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| GCAD | 56.0 | 21.6 | 2.18 | 3.87 | 0.77% | 6.9% | 3.9% | 23.9% |
| 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.
GCAD valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 80.1% | 39.7 | 23.2 | 2.31 | 4.20 | 0.69% | 10.6% |
| Consumer Cyclical | 6.8% | n/m | 21.6 | 1.41 | 2.31 | 1.84% | −6.8% |
| Communication Services | 1.4% | n/m | 4.7 | 1.69 | 1.91 | 0.00% | −30.3% |
| Technology | 0.9% | 21.1 | 16.7 | 1.70 | 5.41 | 0.71% | 25.6% |
GCAD 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 GCAD weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
GCAD largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AIN | Albany International Corp. | 6.81% | — | 21.6 | 1.4 | 1.84% | −13.62% |
| MOG.A | Moog Inc. | 6.30% | 31.1 | 31.7 | 2.7 | 0.33% | 13.73% |
| BA | The Boeing Company | 5.27% | 67.9 | 49.5 | 1.6 | — | 5.27% |
| DCO | Ducommun Incorporated | 4.83% | — | 31.5 | 3.0 | — | −3.55% |
| HXL | Hexcel Corporation | 4.63% | 45.6 | 20.3 | 3.4 | 0.80% | 6.90% |
| LHX | L3Harris Technologies, Inc. | 4.20% | 25.1 | 17.9 | 2.0 | 2.01% | 11.38% |
| MRCY | Mercury Systems, Inc. | 4.11% | — | 50.0 | 4.6 | — | −1.88% |
| LMT | Lockheed Martin Corporation | 4.08% | 20.3 | 16.2 | 1.7 | 2.61% | 13.61% |
| RTX | RTX Corporation | 3.98% | 34.1 | 24.6 | 2.8 | 1.51% | 7.91% |
| TXT | Textron Inc. | 3.71% | 14.3 | 10.4 | 0.9 | 0.11% | 17.60% |
| NOC | Northrop Grumman Corporation | 3.36% | 16.5 | 17.0 | 1.7 | 1.90% | 13.79% |
| CZN | Crane Co | 3.14% | — | — | — | — | — |
| HWM | Howmet Aerospace Inc. | 2.60% | 47.6 | 36.0 | 9.7 | 0.25% | 3.70% |
| CW | Curtiss-Wright Corporation | 2.50% | 34.6 | 28.4 | 5.1 | 0.21% | 4.89% |
| GD | General Dynamics Corporation | 2.35% | 21.0 | 18.5 | 1.7 | 1.85% | 7.60% |
| ATI | ATI Inc. | 2.34% | 54.4 | 28.8 | 5.4 | — | 2.92% |
| ATRO | Astronics Corporation | 2.21% | 33.6 | 27.2 | 2.8 | — | 4.46% |
| TDG | TransDigm Group Incorporated | 2.13% | 34.6 | 23.1 | 6.3 | — | 4.19% |
| WWD | Woodward, Inc. | 2.10% | 36.5 | 31.6 | 4.6 | 0.39% | 3.91% |
| HON | Honeywell International Inc. | 2.09% | 7.8 | 22.2 | 1.8 | 1.32% | 18.17% |
| HONAV | Honeywell Aerospace Inc. Common Stock When Issued | 2.05% | — | — | — | — | — |
| AIR | AAR Corp. | 1.65% | 20.3 | 21.3 | 1.1 | — | 5.52% |
| GCP | General Electric Company | 1.52% | — | — | — | — | — |
| CRS | Carpenter Technology Corporation | 1.37% | 35.8 | 23.4 | 6.0 | 0.21% | 2.60% |
| RDW | Redwire Corporation | 1.36% | — | — | 4.9 | — | −15.74% |
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 GCAD valuation
Adding up its 37 holdings with company data, GCAD trades at 56.0 times trailing earnings and 21.6 times analysts' forward estimates, with a price-to-book ratio of 3.87 and a dividend yield of 0.77%. Its earnings yield of 1.79% is 3.54 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 47.9% of the fund and earn 57.4% of its combined profit. By sector, Industrials is the most expensive at 39.7 times earnings and Technology the cheapest at 21.1. Companies that lost money over the past year are 23.9% 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 86.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: GCAD chart, GCAD performance, GCAD holdings, GCAD dividends.
GCAD valuation FAQ
What is the P/E ratio of GCAD?
Based on its holdings, GCAD has a trailing P/E of 56.0 and a forward P/E of 21.6 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of GCAD?
The trailing earnings yield is 1.79% (1 ÷ P/E) and the forward earnings yield 4.64%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is GCAD more expensive than the S&P 500?
GCAD trades at 56.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 21.6 and 19.9.
What is the price-to-book ratio of GCAD?
The holdings of GCAD trade at 3.87 times book value, with a combined return on equity of 6.9%.
Which sector in GCAD has the highest P/E?
Industrials has the highest P/E at 39.7 and Technology the lowest at 21.1.