Monarch Dividend Plus ETF (MDPL) Valuation
MDPL valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 13.9 trailing earnings
- Forward P/E
- 10.2 analyst estimates
- Price / sales
- 1.31
- Price / book
- 2.59
- EV / EBITDA
- 8.5
- Earnings yield
- 7.22% inverse of P/E
- Dividend yield
- 2.46% of the holdings
- Return on equity
- 18.7% combined
- Net margin
- 9.4% combined
- Beta
- 0.74 weighted, vs S&P 500
MDPL valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| MDPL | 13.9 | 10.2 | 1.31 | 2.59 | 2.46% | 18.7% | 9.4% | 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.
MDPL valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 30.1% | 17.3 | 12.4 | 2.94 | 3.37 | 1.72% | 19.5% |
| Technology | 24.2% | 14.9 | 10.6 | 1.54 | 2.53 | 2.19% | 17.0% |
| Industrials | 10.1% | 12.2 | 10.3 | 0.70 | 2.87 | 2.25% | 23.5% |
| Healthcare | 10.1% | 16.9 | 10.9 | 0.72 | 2.54 | 2.31% | 15.0% |
| Energy | 6.3% | 12.3 | 5.5 | 1.20 | 1.80 | 1.75% | 14.6% |
| Consumer Defensive | 6.1% | 15.7 | 10.7 | 0.97 | 1.94 | 3.11% | 12.4% |
| Basic Materials | 6.0% | 9.5 | 16.7 | 2.34 | 2.99 | 5.26% | 31.3% |
| Consumer Cyclical | 3.3% | 8.6 | 6.8 | 1.51 | 44.97 | 3.78% | 525.7% |
| Communication Services | 3.3% | 7.1 | 5.9 | 0.62 | 0.89 | 6.03% | 12.6% |
MDPL 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 MDPL weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
MDPL largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| G | Genpact Limited | 3.62% | 11.1 | 18.3 | 1.2 | 2.01% | 4.54% |
| INTU | Intuit Inc. | 3.59% | 19.8 | 12.7 | 4.1 | 1.70% | 2.53% |
| WTW | Willis Towers Watson Public Limited Company | 3.48% | 19.5 | 13.1 | 2.9 | 1.22% | 2.48% |
| KBR | KBR, Inc. | 3.47% | 10.9 | 8.1 | 0.6 | 1.81% | 4.42% |
| CTSH | Cognizant Technology Solutions Corporation | 3.47% | 14.2 | 9.4 | 1.4 | 2.00% | 3.40% |
| MRSH | Marsh & McLennan Companies, Inc. | 3.47% | 22.5 | 15.0 | 3.2 | 2.10% | 2.14% |
| DOX | Amdocs Limited | 3.46% | 14.3 | 7.1 | 1.3 | 3.79% | 3.38% |
| LDOS | Leidos Holdings, Inc. | 3.46% | 11.7 | 9.6 | 0.9 | 1.38% | 4.13% |
| BDX | Becton, Dickinson and Company | 3.44% | 44.6 | 13.7 | 2.3 | 2.19% | 1.07% |
| ACN | Accenture plc | 3.43% | 16.9 | 12.4 | 1.9 | 2.98% | 2.82% |
| FDS | FactSet Research Systems Inc. | 3.39% | 20.7 | 13.9 | 4.3 | 1.54% | 2.28% |
| APO | Apollo Global Management, Inc. | 3.37% | 39.7 | 11.7 | 1.8 | 2.03% | 1.18% |
| OSK | Oshkosh Corporation | 3.35% | 14.5 | 9.4 | 0.7 | 1.80% | 3.20% |
| HRB | H&R Block, Inc. | 3.35% | 8.6 | 6.8 | 1.5 | 3.78% | 5.44% |
| ZTS | Zoetis Inc. | 3.35% | 13.1 | 12.0 | 3.4 | 2.67% | 3.56% |
| CMCSA | Comcast Corporation | 3.33% | 7.1 | 5.9 | 0.6 | 6.03% | 6.56% |
| HLNE | Hamilton Lane Incorporated | 3.33% | 12.5 | 12.0 | 6.4 | 2.93% | 3.71% |
| SCHW | The Charles Schwab Corporation | 3.32% | 15.7 | 12.9 | 5.9 | 1.39% | 2.94% |
| BRO | Brown & Brown, Inc. | 3.32% | 21.9 | 12.6 | 3.5 | 0.95% | 2.11% |
| CI | Cigna Corporation | 3.29% | 12.5 | 8.3 | 0.3 | 2.06% | 3.67% |
| BAH | Booz Allen Hamilton Holding Corporation | 3.26% | 11.7 | 16.5 | 0.8 | 3.18% | 3.89% |
| AMP | Ameriprise Financial, Inc. | 3.26% | 12.1 | 9.8 | 2.2 | 1.36% | 3.75% |
| CTVA | Corteva, Inc. | 3.24% | 8.0 | 19.1 | 1.7 | 5.59% | 5.66% |
| MTDR | Matador Resources Company | 3.23% | 9.9 | 5.5 | 1.9 | 2.61% | 4.55% |
| SF | Stifel Financial Corp. | 3.17% | 12.1 | 12.0 | 1.7 | 2.01% | 3.66% |
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 MDPL valuation
Adding up its 30 holdings with company data, MDPL trades at 13.9 times trailing earnings and 10.2 times analysts' forward estimates, with a price-to-book ratio of 2.59 and a dividend yield of 2.46%. Its earnings yield of 7.22% is 1.89 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 34.9% of the fund and earn 30.9% of its combined profit. By sector, Financial Services is the most expensive at 17.3 times earnings and Communication Services the cheapest at 7.1. 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: MDPL chart, MDPL performance, MDPL holdings, MDPL dividends.
MDPL valuation FAQ
What is the P/E ratio of MDPL?
Based on its holdings, MDPL has a trailing P/E of 13.9 and a forward P/E of 10.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of MDPL?
The trailing earnings yield is 7.22% (1 ÷ P/E) and the forward earnings yield 9.79%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is MDPL more expensive than the S&P 500?
MDPL trades at 13.9 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 10.2 and 19.9.
What is the price-to-book ratio of MDPL?
The holdings of MDPL trade at 2.59 times book value, with a combined return on equity of 18.7%.
Which sector in MDPL has the highest P/E?
Financial Services has the highest P/E at 17.3 and Communication Services the lowest at 7.1.