TappAlpha Cboe Magnificent 10 Growth & Daily… (TMGN) Valuation
TMGN valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 42.3 trailing earnings
- Forward P/E
- 33.7 analyst estimates
- Price / sales
- 12.00
- Price / book
- 11.84
- EV / EBITDA
- 28.4
- Earnings yield
- 2.36% inverse of P/E
- Dividend yield
- 0.17% of the holdings
- Return on equity
- 28.0% combined
- Net margin
- 28.3% combined
- Beta
- 1.66 weighted, vs S&P 500
TMGN valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| TMGN | 42.3 | 33.7 | 12.00 | 11.84 | 0.17% | 28.0% | 28.3% | 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.
TMGN valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 46.8% | 68.7 | 41.7 | 21.95 | 20.02 | 0.16% | 29.1% |
| Communication Services | 20.6% | 23.5 | 22.3 | 8.22 | 7.17 | 0.29% | 30.5% |
| Consumer Cyclical | 9.7% | 36.8 | 40.2 | 5.42 | 7.47 | 0.00% | 20.3% |
TMGN 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 TMGN weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
TMGN largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| QQQM | Invesco NASDAQ 100 ETF | 18.87% | — | — | — | — | — |
| AMD | Advanced Micro Devices, Inc. | 16.43% | 134.9 | 39.5 | 20.9 | — | 6.69% |
| PLTR | Palantir Technologies Inc. | 16.10% | 160.4 | 85.5 | 72.6 | — | 5.51% |
| META | Meta Platforms, Inc. | 15.66% | 26.7 | 22.1 | 7.9 | 0.30% | 32.17% |
| MSFT | Microsoft Corporation | 5.00% | 29.5 | 25.1 | 11.8 | 0.74% | 9.32% |
| AMZN | Amazon.com, Inc. | 5.00% | 20.1 | 23.6 | 3.5 | — | 13.65% |
| GOOGL | Alphabet Inc. | 4.97% | 17.1 | 22.8 | 9.3 | 0.26% | 15.97% |
| NVDA | NVIDIA Corporation | 4.68% | 27.1 | 24.9 | 17.1 | 0.47% | 9.50% |
| TSLA | Tesla, Inc. | 4.68% | 328.4 | 158.7 | 13.5 | — | 0.78% |
| AAPL | Apple Inc. | 4.59% | 39.4 | 35.2 | 10.7 | 0.31% | 6.40% |
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 TMGN valuation
Adding up its 9 holdings with company data, TMGN trades at 42.3 times trailing earnings and 33.7 times analysts' forward estimates, with a price-to-book ratio of 11.84 and a dividend yield of 0.17%. Its earnings yield of 2.36% is 2.97 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 96.0% of the fund and earn 100.0% of its combined profit. By sector, Technology is the most expensive at 68.7 times earnings and Communication Services the cheapest at 23.5. 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 80.3% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: TMGN chart, TMGN holdings, TMGN dividends.
TMGN valuation FAQ
What is the P/E ratio of TMGN?
Based on its holdings, TMGN has a trailing P/E of 42.3 and a forward P/E of 33.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of TMGN?
The trailing earnings yield is 2.36% (1 ÷ P/E) and the forward earnings yield 2.97%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is TMGN more expensive than the S&P 500?
TMGN trades at 42.3 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 33.7 and 19.9.
What is the price-to-book ratio of TMGN?
The holdings of TMGN trade at 11.84 times book value, with a combined return on equity of 28.0%.
Which sector in TMGN has the highest P/E?
Technology has the highest P/E at 68.7 and Communication Services the lowest at 23.5.