VictoryShares Free Cash Flow ETF (VFLO) Valuation
VFLO valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 19.3 trailing earnings
- Forward P/E
- 10.7 analyst estimates
- Price / sales
- 1.23
- Price / book
- 3.17
- EV / EBITDA
- 9.3
- Earnings yield
- 5.19% inverse of P/E
- Dividend yield
- 1.38% of the holdings
- Return on equity
- 16.5% combined
- Net margin
- 6.4% combined
- Beta
- 0.88 weighted, vs S&P 500
VFLO valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| VFLO | 19.3 | 10.7 | 1.23 | 3.17 | 1.38% | 16.5% | 6.4% | 3.5% |
| 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.
VFLO valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 35.2% | 16.0 | 11.1 | 3.01 | 4.85 | 1.10% | 30.2% |
| Energy | 24.4% | 15.7 | 9.2 | 1.58 | 2.06 | 2.03% | 13.1% |
| Healthcare | 16.9% | 49.8 | 12.4 | 0.43 | 2.64 | 0.82% | 5.3% |
| Consumer Cyclical | 6.5% | 18.8 | 12.4 | 2.12 | 10.65 | 0.99% | 56.6% |
| Communication Services | 5.5% | 24.2 | 9.7 | 1.41 | 2.51 | 2.74% | 10.4% |
| Basic Materials | 5.0% | 18.4 | 10.5 | 2.91 | 2.73 | 0.87% | 14.8% |
| Utilities | 2.8% | 26.3 | 11.1 | 1.15 | 8.15 | 1.14% | 31.0% |
| Industrials | 2.2% | 16.2 | 11.1 | 0.99 | 2.65 | 1.71% | 16.3% |
| Consumer Defensive | 1.0% | 59.5 | 12.0 | 1.49 | 2.27 | 3.52% | 3.8% |
VFLO 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 VFLO weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
VFLO largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| ACN | Accenture plc | 4.79% | 16.9 | 12.4 | 1.9 | 2.98% | 5.59% |
| MPC | Marathon Petroleum Corporation | 3.95% | 16.6 | 5.5 | 0.9 | 0.84% | 4.72% |
| XOM | Exxon Mobil Corporation | 3.65% | 23.0 | 14.8 | 2.0 | 2.30% | 3.13% |
| MU | Micron Technology, Inc. | 3.58% | 11.8 | 7.0 | 7.5 | 0.07% | 5.99% |
| ADBE | Adobe Inc. | 3.49% | 13.7 | 8.7 | 3.7 | — | 5.04% |
| CNC | Centene Corporation | 3.40% | — | 11.2 | 0.2 | — | −10.16% |
| INTU | Intuit Inc. | 3.23% | 19.8 | 12.7 | 4.1 | 1.70% | 3.23% |
| SNDK | Sandisk Corporation | 2.97% | 17.6 | 8.0 | 9.3 | — | 3.33% |
| CI | Cigna Corporation | 2.88% | 12.5 | 8.3 | 0.3 | 2.06% | 4.56% |
| PSX | Phillips 66 | 2.64% | 16.8 | 9.7 | 0.8 | 1.81% | 3.12% |
| EOG | EOG Resources, Inc. | 2.58% | 12.3 | 10.1 | 3.1 | 2.58% | 4.15% |
| FANG | Diamondback Energy, Inc. | 2.58% | 38.8 | 10.0 | 3.5 | 2.16% | 1.31% |
| EXPE | Expedia Group, Inc. | 2.50% | 18.0 | 11.3 | 2.2 | 0.66% | 2.73% |
| CRM | Salesforce, Inc. | 2.47% | 22.0 | 14.0 | 4.5 | 0.73% | 2.22% |
| DVN | Devon Energy Corporation | 2.46% | 11.1 | 9.3 | 3.0 | 2.52% | 4.41% |
| COP | ConocoPhillips | 2.46% | 19.4 | 12.7 | 2.7 | 2.29% | 2.51% |
| YZ8 | Permian Resources Corporation | 2.26% | — | — | — | — | — |
| IBM | International Business Machines Corporation | 2.23% | 20.6 | 17.4 | 3.2 | 2.91% | 2.14% |
| UBER | Uber Technologies, Inc. | 2.23% | 15.4 | 15.9 | 2.6 | — | 2.86% |
| TMUS | T-Mobile US, Inc. | 2.18% | 16.6 | 11.7 | 1.9 | 2.94% | 2.59% |
| CTSH | Cognizant Technology Solutions Corporation | 2.17% | 14.2 | 9.4 | 1.4 | 2.00% | 3.02% |
| BKNG | Booking Holdings Inc. | 2.05% | 18.1 | 13.3 | 4.3 | 1.03% | 2.24% |
| NEM | Newmont Corporation | 2.02% | 15.0 | 11.6 | 4.8 | 0.88% | 2.67% |
| OMC | Omnicom Group Inc. | 1.86% | 212.0 | 7.4 | 1.0 | 3.97% | 0.17% |
| EXE | Expand Energy Corporation | 1.86% | 8.1 | 9.6 | 1.8 | 2.46% | 4.57% |
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 VFLO valuation
Adding up its 49 holdings with company data, VFLO trades at 19.3 times trailing earnings and 10.7 times analysts' forward estimates, with a price-to-book ratio of 3.17 and a dividend yield of 1.38%. Its earnings yield of 5.19% is 0.13 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 34.6% of the fund and earn 28.6% of its combined profit. By sector, Consumer Defensive is the most expensive at 59.5 times earnings and Energy the cheapest at 15.7. Companies that lost money over the past year are 3.5% 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 97.7% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: VFLO chart, VFLO performance, VFLO holdings, VFLO dividends.
VFLO valuation FAQ
What is the P/E ratio of VFLO?
Based on its holdings, VFLO has a trailing P/E of 19.3 and a forward P/E of 10.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of VFLO?
The trailing earnings yield is 5.19% (1 ÷ P/E) and the forward earnings yield 9.31%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is VFLO more expensive than the S&P 500?
VFLO trades at 19.3 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 10.7 and 19.9.
What is the price-to-book ratio of VFLO?
The holdings of VFLO trade at 3.17 times book value, with a combined return on equity of 16.5%.
Which sector in VFLO has the highest P/E?
Consumer Defensive has the highest P/E at 59.5 and Energy the lowest at 15.7.