Sparkline Intangible Value ETF (ITAN) Valuation
ITAN valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 23.6 trailing earnings
- Forward P/E
- 12.8 analyst estimates
- Price / sales
- 1.13
- Price / book
- 2.72
- EV / EBITDA
- 11.9
- Earnings yield
- 4.24% inverse of P/E
- Dividend yield
- 1.62% of the holdings
- Return on equity
- 11.5% combined
- Net margin
- 4.8% combined
- Beta
- 1.02 weighted, vs S&P 500
ITAN valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| ITAN | 23.6 | 12.8 | 1.13 | 2.72 | 1.62% | 11.5% | 4.8% | 12.3% |
| 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.
ITAN valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 34.5% | 23.4 | 15.5 | 2.44 | 3.94 | 0.86% | 16.8% |
| Healthcare | 18.2% | 49.7 | 13.0 | 0.95 | 2.42 | 1.86% | 4.9% |
| Consumer Cyclical | 14.8% | 31.5 | 13.0 | 0.95 | 3.42 | 1.22% | 10.9% |
| Industrials | 11.7% | 18.4 | 13.9 | 0.81 | 3.38 | 1.41% | 18.3% |
| Communication Services | 10.0% | 11.4 | 8.9 | 1.19 | 1.72 | 3.08% | 15.1% |
| Financial Services | 4.0% | 8.3 | 8.1 | 1.34 | 1.26 | 1.97% | 15.2% |
| Consumer Defensive | 3.8% | n/m | 10.9 | 0.36 | 1.90 | 4.63% | −7.9% |
| Basic Materials | 1.8% | 82.0 | 12.9 | 0.87 | 1.51 | 3.67% | 1.8% |
| Energy | 0.5% | 17.6 | 11.4 | 1.25 | 2.50 | 2.03% | 14.2% |
| Real Estate | 0.4% | 14.7 | 10.4 | 0.51 | 2.07 | 0.00% | 14.1% |
ITAN 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 ITAN weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
ITAN largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AMZN | Amazon.com, Inc. | 4.61% | 20.1 | 23.6 | 3.5 | — | 5.43% |
| INTC | Intel Corporation | 2.45% | — | 63.3 | 8.3 | — | −1.37% |
| IBM | International Business Machines Corporation | 2.06% | 20.6 | 17.4 | 3.2 | 2.91% | 2.36% |
| CRM | Salesforce, Inc. | 1.93% | 22.0 | 14.0 | 4.5 | 0.73% | 2.07% |
| QCOM | QUALCOMM Incorporated | 1.83% | 19.9 | 19.6 | 4.2 | 2.14% | 2.17% |
| MRK | Merck & Co., Inc. | 1.75% | 115.8 | 15.3 | 5.4 | 2.33% | 0.36% |
| PFE | Pfizer Inc. | 1.69% | 38.9 | 9.7 | 2.6 | 5.81% | 1.02% |
| ACN | Accenture plc | 1.63% | 16.9 | 12.4 | 1.9 | 2.98% | 2.28% |
| CSCO | Cisco Systems, Inc. | 1.61% | 32.2 | 19.8 | 6.7 | 1.56% | 1.18% |
| T | AT&T Inc. | 1.57% | 7.7 | 9.9 | 1.3 | 4.74% | 4.79% |
| CVS | CVS Health Corporation | 1.46% | 24.3 | 10.7 | 0.3 | 2.88% | 1.43% |
| VZ | Verizon Communications Inc. | 1.44% | 11.7 | 8.7 | 1.3 | 6.32% | 2.92% |
| MDT | Medtronic plc | 1.39% | 23.3 | 14.9 | 3.2 | 3.04% | 1.41% |
| COF | Capital One Financial Corporation | 1.33% | 13.0 | 8.5 | 2.6 | 1.59% | 2.43% |
| DIS | The Walt Disney Company | 1.32% | 22.8 | 13.8 | 1.9 | 1.36% | 1.37% |
| ADBE | Adobe Inc. | 1.30% | 13.7 | 8.7 | 3.7 | — | 2.24% |
| BMY | Bristol-Myers Squibb Company | 1.25% | 13.2 | 9.4 | 2.5 | 4.22% | 2.26% |
| UBER | Uber Technologies, Inc. | 1.20% | 15.4 | 15.9 | 2.6 | — | 1.84% |
| BA | The Boeing Company | 1.20% | 67.9 | 49.5 | 1.6 | — | 0.42% |
| TMUS | T-Mobile US, Inc. | 1.19% | 16.6 | 11.7 | 1.9 | 2.94% | 1.70% |
| CMCSA | Comcast Corporation | 1.13% | 7.1 | 5.9 | 0.6 | 6.03% | 3.78% |
| LMT | Lockheed Martin Corporation | 1.11% | 20.3 | 16.2 | 1.7 | 2.61% | 1.30% |
| HON | Honeywell International Inc. | 1.05% | 7.8 | 22.2 | 1.8 | 1.32% | 3.20% |
| TGT | Target Corporation | 1.04% | 16.0 | 15.6 | 0.7 | 3.01% | 1.54% |
| NOC | Northrop Grumman Corporation | 1.02% | 16.5 | 17.0 | 1.7 | 1.90% | 1.46% |
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 ITAN valuation
Adding up its 150 holdings with company data, ITAN trades at 23.6 times trailing earnings and 12.8 times analysts' forward estimates, with a price-to-book ratio of 2.72 and a dividend yield of 1.62%. Its earnings yield of 4.24% is 1.09 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 21.1% of the fund and earn 20.3% of its combined profit. By sector, Basic Materials is the most expensive at 82.0 times earnings and Financial Services the cheapest at 8.3. Companies that lost money over the past year are 12.3% 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 99.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: ITAN chart, ITAN performance, ITAN holdings, ITAN dividends.
ITAN valuation FAQ
What is the P/E ratio of ITAN?
Based on its holdings, ITAN has a trailing P/E of 23.6 and a forward P/E of 12.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of ITAN?
The trailing earnings yield is 4.24% (1 ÷ P/E) and the forward earnings yield 7.83%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is ITAN more expensive than the S&P 500?
ITAN trades at 23.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 12.8 and 19.9.
What is the price-to-book ratio of ITAN?
The holdings of ITAN trade at 2.72 times book value, with a combined return on equity of 11.5%.
Which sector in ITAN has the highest P/E?
Basic Materials has the highest P/E at 82.0 and Financial Services the lowest at 8.3.