Motley Fool Capital Efficiency 100 ETF (TMFE) Valuation
TMFE valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 31.4 trailing earnings
- Forward P/E
- 22.4 analyst estimates
- Price / sales
- 3.70
- Price / book
- 10.75
- EV / EBITDA
- 20.0
- Earnings yield
- 3.19% inverse of P/E
- Dividend yield
- 0.66% of the holdings
- Return on equity
- 34.3% combined
- Net margin
- 11.8% combined
- Beta
- 1.09 weighted, vs S&P 500
TMFE valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| TMFE | 31.4 | 22.4 | 3.70 | 10.75 | 0.66% | 34.3% | 11.8% | 6.6% |
| 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.
TMFE valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 35.6% | 39.1 | 26.8 | 7.97 | 16.05 | 0.18% | 41.1% |
| Consumer Cyclical | 14.1% | 25.8 | 19.9 | 2.27 | 9.83 | 1.02% | 38.1% |
| Healthcare | 13.2% | 31.6 | 16.2 | 3.66 | 9.51 | 1.32% | 30.1% |
| Communication Services | 11.9% | 20.9 | 18.6 | 4.22 | 5.69 | 0.81% | 27.2% |
| Financial Services | 11.1% | 33.6 | 24.0 | 15.28 | 26.95 | 0.63% | 80.2% |
| Consumer Defensive | 7.6% | 41.7 | 33.2 | 1.23 | 11.09 | 0.70% | 26.6% |
| Industrials | 5.1% | 27.4 | 23.5 | 1.96 | 5.93 | 0.87% | 21.6% |
| Basic Materials | 1.5% | 28.4 | 22.5 | 2.92 | 13.10 | 1.13% | 46.2% |
| Real Estate | 0.2% | 179.5 | 18.3 | 3.68 | 1.47 | 0.00% | 0.8% |
TMFE 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 TMFE weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
TMFE largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MA | Mastercard Incorporated | 5.51% | 34.0 | 24.2 | 15.4 | 0.56% | 5.08% |
| COST | Costco Wholesale Corporation | 5.48% | 47.6 | 40.3 | 1.4 | 0.59% | 3.60% |
| V | Visa Inc. | 5.18% | 34.3 | 24.0 | 17.0 | 0.67% | 4.74% |
| AAPL | Apple Inc. | 4.91% | 39.4 | 35.2 | 10.7 | 0.31% | 3.91% |
| GOOG | Alphabet Inc. | 4.37% | 16.9 | 21.8 | 9.2 | 0.26% | 8.09% |
| NVDA | NVIDIA Corporation | 4.34% | 27.1 | 24.9 | 17.1 | 0.47% | 5.02% |
| META | Meta Platforms, Inc. | 4.04% | 26.7 | 22.1 | 7.9 | 0.30% | 4.73% |
| CRWD | CrowdStrike Holdings, Inc. | 3.62% | — | 208.3 | 43.1 | — | 0.03% |
| LRCX | Lam Research Corporation | 3.54% | 45.8 | 33.7 | 14.2 | 0.50% | 2.42% |
| TJX | The TJX Companies, Inc. | 3.21% | 27.3 | 24.9 | 2.6 | 1.30% | 3.68% |
| GILD | Gilead Sciences, Inc. | 3.06% | — | 15.6 | 6.4 | 2.10% | −1.62% |
| TMUS | T-Mobile US, Inc. | 2.28% | 16.6 | 11.7 | 1.9 | 2.94% | 4.29% |
| ISRG | Intuitive Surgical, Inc. | 2.24% | 48.9 | 33.3 | 13.7 | — | 1.43% |
| FTNT | Fortinet, Inc. | 2.24% | 59.8 | 45.0 | 16.5 | — | 1.17% |
| NOW | ServiceNow, Inc. | 2.21% | 88.7 | 27.8 | 10.0 | — | 0.78% |
| BMY | Bristol-Myers Squibb Company | 2.19% | 13.2 | 9.4 | 2.5 | 4.22% | 5.22% |
| UBER | Uber Technologies, Inc. | 2.18% | 15.4 | 15.9 | 2.6 | — | 4.42% |
| ADBE | Adobe Inc. | 2.13% | 13.7 | 8.7 | 3.7 | — | 4.88% |
| BKNG | Booking Holdings Inc. | 1.99% | 18.1 | 13.3 | 4.3 | 1.03% | 3.44% |
| HCA | HCA Healthcare, Inc. | 1.73% | 15.4 | 13.9 | 1.3 | 0.68% | 3.53% |
| CTAS | Cintas Corporation | 1.64% | 42.1 | 36.2 | 7.3 | 0.97% | 1.22% |
| ABNB | Airbnb, Inc. | 1.57% | 39.6 | 25.4 | 7.9 | — | 1.24% |
| DDOG | Datadog, Inc. | 1.50% | 494.2 | 84.7 | 22.4 | — | 0.09% |
| SNOW | Snowflake Inc. | 1.47% | — | 169.5 | 19.9 | — | −0.48% |
| SHW | The Sherwin-Williams Company | 1.27% | 30.9 | 23.8 | 3.3 | 0.95% | 1.28% |
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 TMFE valuation
Adding up its 99 holdings with company data, TMFE trades at 31.4 times trailing earnings and 22.4 times analysts' forward estimates, with a price-to-book ratio of 10.75 and a dividend yield of 0.66%. Its earnings yield of 3.19% is 2.14 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 44.2% of the fund and earn 41.3% of its combined profit. By sector, Real Estate is the most expensive at 179.5 times earnings and Communication Services the cheapest at 20.9. Companies that lost money over the past year are 6.6% 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 99.96% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: TMFE chart, TMFE performance, TMFE holdings, TMFE dividends.
TMFE valuation FAQ
What is the P/E ratio of TMFE?
Based on its holdings, TMFE has a trailing P/E of 31.4 and a forward P/E of 22.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of TMFE?
The trailing earnings yield is 3.19% (1 ÷ P/E) and the forward earnings yield 4.46%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is TMFE more expensive than the S&P 500?
TMFE trades at 31.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 22.4 and 19.9.
What is the price-to-book ratio of TMFE?
The holdings of TMFE trade at 10.75 times book value, with a combined return on equity of 34.3%.
Which sector in TMFE has the highest P/E?
Real Estate has the highest P/E at 179.5 and Communication Services the lowest at 20.9.