Infrastructure Capital Small Cap Income ETF (SCAP) Valuation
SCAP valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 26.5 trailing earnings
- Forward P/E
- 11.8 analyst estimates
- Price / sales
- 0.88
- Price / book
- 1.97
- EV / EBITDA
- 11.4
- Earnings yield
- 3.78% inverse of P/E
- Dividend yield
- 2.28% of the holdings
- Return on equity
- 7.5% combined
- Net margin
- 3.3% combined
- Beta
- 1.13 weighted, vs S&P 500
SCAP valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SCAP | 26.5 | 11.8 | 0.88 | 1.97 | 2.28% | 7.5% | 3.3% | 11.5% |
| 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.
SCAP valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 21.3% | 30.3 | 15.4 | 1.43 | 2.63 | 1.22% | 8.7% |
| Financial Services | 15.1% | 9.7 | 7.2 | 0.33 | 1.48 | 2.28% | 15.3% |
| Technology | 15.1% | 31.9 | 15.7 | 2.63 | 10.09 | 0.08% | 31.6% |
| Consumer Cyclical | 14.1% | 21.3 | 12.3 | 0.89 | 2.13 | 1.58% | 10.0% |
| Healthcare | 8.8% | 29.3 | 12.4 | 3.91 | 6.24 | 0.06% | 21.3% |
| Real Estate | 7.7% | n/m | 11.0 | 0.51 | 0.72 | 13.99% | −5.5% |
| Basic Materials | 5.1% | 36.6 | 11.8 | 0.67 | 1.12 | 3.08% | 3.1% |
| Energy | 4.1% | 8.0 | 6.3 | 2.03 | 1.02 | 1.50% | 12.8% |
| Consumer Defensive | 2.7% | 122.6 | 16.9 | 2.34 | 6.16 | 0.00% | 5.0% |
| Communication Services | 2.7% | n/m | 34.5 | 2.51 | 2.92 | 0.46% | −16.9% |
| Utilities | 2.6% | 27.0 | 17.4 | 2.72 | 1.46 | 3.59% | 5.4% |
SCAP 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 SCAP weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SCAP largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| IWM | iShares Trust - iShares Russell 2000 ETF | 7.05% | — | — | — | — | — |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 5.61% | — | — | — | — | — |
| HALO | Halozyme Therapeutics, Inc. | 4.12% | 35.6 | 11.5 | 8.3 | — | 3.18% |
| GDDY | GoDaddy Inc. | 3.75% | 15.8 | 8.7 | 2.6 | — | 6.53% |
| KTB | Kontoor Brands, Inc. | 3.50% | 17.9 | 14.5 | 1.2 | 2.89% | 5.36% |
| HII | Huntington Ingalls Industries, Inc. | 3.35% | 16.2 | 12.6 | 0.8 | 2.03% | 5.68% |
| MRVL | Marvell Technology, Inc. | 3.30% | 72.3 | 62.1 | 21.7 | 0.11% | 1.25% |
| OTTR | Otter Tail Corporation | 3.29% | 19.5 | 16.1 | 2.9 | 2.50% | 4.64% |
| KBH | KB Home | 2.88% | 12.2 | 11.6 | 0.5 | 2.31% | 6.47% |
| AVNT | Avient Corporation | 2.85% | 21.1 | 11.7 | 1.1 | 2.90% | 3.71% |
| PIPR | Piper Sandler Companies | 2.85% | 15.0 | 10.1 | 2.2 | 1.24% | 5.22% |
| CELH | Celsius Holdings, Inc. | 2.71% | 122.6 | 16.9 | 2.3 | — | 0.61% |
| NWE | NorthWestern Corporation | 2.65% | 27.0 | 17.4 | 2.7 | 3.59% | 2.69% |
| TOL | Toll Brothers, Inc. | 2.63% | 10.8 | 10.0 | 1.1 | 0.78% | 6.71% |
| HRI | Herc Holdings Inc. | 2.58% | 79.5 | 12.2 | 0.8 | 2.30% | 0.89% |
| SARO | StandardAero, Inc. | 2.57% | 22.0 | 14.2 | 1.1 | — | 3.21% |
| WYNN | Wynn Resorts, Limited | 2.56% | 18.1 | 13.9 | 1.1 | 1.32% | 3.88% |
| MIR | Mirion Technologies, Inc. | 2.43% | 168.3 | — | 3.7 | — | 0.40% |
| DKNG | DraftKings Inc. | 2.25% | — | 12.6 | 1.5 | — | −1.14% |
| SMTC | Semtech Corporation | 2.17% | 90.5 | 53.2 | 10.9 | — | 0.66% |
| NTB | The Bank of N.T. Butterfield & Son Limited | 2.15% | 10.3 | — | 3.7 | 3.41% | 5.72% |
| KRC | Kilroy Realty Corporation | 2.13% | 24.4 | 99.0 | 3.7 | 6.20% | 2.41% |
| APO | Apollo Global Management, Inc. | 2.10% | 39.7 | 11.7 | 1.8 | 2.03% | 1.45% |
| BHR | Braemar Hotels & Resorts Inc. | 2.03% | — | 20.6 | 0.2 | 13.99% | −26.60% |
| SANM | Sanmina Corporation | 1.93% | 31.4 | 14.8 | 0.7 | — | 1.69% |
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 SCAP valuation
Adding up its 58 holdings with company data, SCAP trades at 26.5 times trailing earnings and 11.8 times analysts' forward estimates, with a price-to-book ratio of 1.97 and a dividend yield of 2.28%. Its earnings yield of 3.78% is 1.55 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 39.7% of the fund and earn 42.7% of its combined profit. By sector, Consumer Defensive is the most expensive at 122.6 times earnings and Energy the cheapest at 8.0. Companies that lost money over the past year are 11.5% 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 81.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SCAP chart, SCAP performance, SCAP holdings, SCAP dividends.
SCAP valuation FAQ
What is the P/E ratio of SCAP?
Based on its holdings, SCAP has a trailing P/E of 26.5 and a forward P/E of 11.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SCAP?
The trailing earnings yield is 3.78% (1 ÷ P/E) and the forward earnings yield 8.50%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SCAP more expensive than the S&P 500?
SCAP trades at 26.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 11.8 and 19.9.
What is the price-to-book ratio of SCAP?
The holdings of SCAP trade at 1.97 times book value, with a combined return on equity of 7.5%.
Which sector in SCAP has the highest P/E?
Consumer Defensive has the highest P/E at 122.6 and Energy the lowest at 8.0.