TCW Transform Supply Chain ETF (SUPP) Valuation
SUPP valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 33.8 trailing earnings
- Forward P/E
- 24.3 analyst estimates
- Price / sales
- 2.45
- Price / book
- 7.77
- EV / EBITDA
- 21.6
- Earnings yield
- 2.96% inverse of P/E
- Dividend yield
- 0.56% of the holdings
- Return on equity
- 23.0% combined
- Net margin
- 7.2% combined
- Beta
- 1.41 weighted, vs S&P 500
SUPP valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SUPP | 33.8 | 24.3 | 2.45 | 7.77 | 0.56% | 23.0% | 7.2% | 4.4% |
| 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.
SUPP valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 46.8% | 36.2 | 24.1 | 4.08 | 7.10 | 0.56% | 19.6% |
| Technology | 35.9% | 35.7 | 25.3 | 1.56 | 12.54 | 0.65% | 35.2% |
| Consumer Cyclical | 7.3% | 21.5 | 23.6 | 3.56 | 6.21 | 0.00% | 28.9% |
| Basic Materials | 5.3% | 32.6 | 20.6 | 5.32 | 3.02 | 0.67% | 9.3% |
SUPP 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 SUPP weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SUPP largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 8.89% | 26.7 | 21.4 | 0.4 | 0.91% | 13.05% |
| NVDA | NVIDIA Corporation | 8.67% | 27.1 | 24.9 | 17.1 | 0.47% | 12.57% |
| ETN | Eaton Corporation plc | 5.94% | 39.8 | 27.6 | 5.1 | 1.12% | 5.86% |
| AMZN | Amazon.com, Inc. | 5.69% | 20.1 | 23.6 | 3.5 | — | 11.10% |
| MLM | Martin Marietta Materials, Inc. | 5.26% | 32.6 | 20.6 | 5.3 | 0.67% | 6.34% |
| ASML | ASML Holding N.V. | 4.86% | 40.4 | 28.9 | 16.0 | 0.55% | 4.72% |
| LRCX | Lam Research Corporation | 4.83% | 45.8 | 33.7 | 14.2 | 0.50% | 4.14% |
| CGNX | Cognex Corporation | 4.52% | 51.9 | 29.5 | 8.3 | 0.63% | 3.42% |
| TDG | TransDigm Group Incorporated | 4.32% | 34.6 | 23.1 | 6.3 | — | 4.91% |
| TT | Trane Technologies plc | 4.27% | 34.2 | 25.2 | 4.5 | 0.92% | 4.90% |
| CRS | Carpenter Technology Corporation | 4.20% | 35.8 | 23.4 | 6.0 | 0.21% | 4.60% |
| CSX | CSX Corporation | 3.53% | 28.3 | 21.2 | 6.2 | 1.15% | 4.89% |
| GFL | Gfl Environmental Holdings Inc | 3.35% | — | — | — | — | — |
| SIE | Siemens Aktiengesellschaft | 2.99% | — | — | — | — | — |
| SAIA | Saia, Inc. | 2.97% | 32.3 | 41.2 | 2.6 | — | 3.60% |
| CP | Canadian Pacific Railway Ltd | 2.77% | — | — | — | — | — |
| IR | Ingersoll Rand Inc. | 2.70% | 32.0 | 19.3 | 3.8 | 0.10% | 3.31% |
| FPS | Forgent Power Solutions, Inc. | 2.61% | 105.6 | 32.6 | 7.1 | — | 0.97% |
| LFUS | Littelfuse, Inc. | 2.23% | — | 23.5 | 3.7 | 0.84% | −0.11% |
| CAT | Caterpillar Inc. | 2.06% | 31.5 | 25.4 | 4.5 | 0.89% | 2.58% |
| WMS | Advanced Drainage Systems, Inc. | 1.97% | 21.8 | 20.8 | 3.0 | 0.62% | 3.54% |
| AVGO | Broadcom Inc. | 1.88% | 43.3 | 19.4 | 17.6 | 0.79% | 1.71% |
| ORLY | O'Reilly Automotive, Inc. | 1.60% | 28.3 | 23.4 | 3.9 | — | 2.22% |
| APG | APi Group Corporation | 1.55% | — | 17.9 | 2.1 | — | −0.93% |
| FERG | Ferguson plc | 1.53% | 22.8 | 17.6 | 1.4 | 1.54% | 2.64% |
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 SUPP valuation
Adding up its 22 holdings with company data, SUPP trades at 33.8 times trailing earnings and 24.3 times analysts' forward estimates, with a price-to-book ratio of 7.77 and a dividend yield of 0.56%. Its earnings yield of 2.96% is 2.37 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 57.3% of the fund and earn 71.0% of its combined profit. By sector, Industrials is the most expensive at 36.2 times earnings and Consumer Cyclical the cheapest at 21.5. Companies that lost money over the past year are 4.4% 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 89.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SUPP chart, SUPP performance, SUPP holdings.
SUPP valuation FAQ
What is the P/E ratio of SUPP?
Based on its holdings, SUPP has a trailing P/E of 33.8 and a forward P/E of 24.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SUPP?
The trailing earnings yield is 2.96% (1 ÷ P/E) and the forward earnings yield 4.12%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SUPP more expensive than the S&P 500?
SUPP trades at 33.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 24.3 and 19.9.
What is the price-to-book ratio of SUPP?
The holdings of SUPP trade at 7.77 times book value, with a combined return on equity of 23.0%.
Which sector in SUPP has the highest P/E?
Industrials has the highest P/E at 36.2 and Consumer Cyclical the lowest at 21.5.