EQT Holdings Limited, together with its subsidiaries, provides philanthropic, trust, investment, and estate services in Australia, the United Kingdom, and Ireland.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$27.94|
|52 Week High||AU$22.73|
|52 Week Low||AU$30.80|
|1 Month Change||-3.49%|
|3 Month Change||4.49%|
|1 Year Change||1.93%|
|3 Year Change||21.48%|
|5 Year Change||51.19%|
|Change since IPO||39.98%|
Recent News & Updates
This Is Why EQT Holdings Limited's (ASX:EQT) CEO Compensation Looks Appropriate
Performance at EQT Holdings Limited ( ASX:EQT ) has been reasonably good and CEO Mick O’Brien has done a decent job of...
EQT Holdings (ASX:EQT) Is Increasing Its Dividend To AU$0.47
EQT Holdings Limited ( ASX:EQT ) will increase its dividend on the 5th of October to AU$0.47. The announced payment...
|EQT||AU Capital Markets||AU Market|
Return vs Industry: EQT underperformed the Australian Capital Markets industry which returned 23.2% over the past year.
Return vs Market: EQT underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: EQT is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: EQT's weekly volatility (4%) has been stable over the past year.
About the Company
EQT Holdings Limited, together with its subsidiaries, provides philanthropic, trust, investment, and estate services in Australia, the United Kingdom, and Ireland. It operates through Trustee and Wealth Services, Superannuation Trustee Services, and Corporate Trustee Services segments. The Trustee and Wealth Services segment provides various private client and philanthropic services, including estate planning and management; charitable, compensation, community, and personal trust services; and wealth management and advisory services.
EQT Holdings Fundamentals Summary
|EQT fundamental statistics|
Is EQT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EQT income statement (TTM)|
|Cost of Revenue||AU$61.82m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.02|
|Net Profit Margin||21.31%|
How did EQT perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Is EQT Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: EQT (A$27.94) is trading above our estimate of fair value (A$17.69)
Significantly Below Fair Value: EQT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EQT is poor value based on its PE Ratio (27.3x) compared to the Australian Capital Markets industry average (17x).
PE vs Market: EQT is poor value based on its PE Ratio (27.3x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: EQT is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: EQT is overvalued based on its PB Ratio (2.1x) compared to the AU Capital Markets industry average (1.4x).
How is EQT Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EQT's forecast earnings growth (9.3% per year) is above the savings rate (1.9%).
Earnings vs Market: EQT's earnings (9.3% per year) are forecast to grow slower than the Australian market (11.9% per year).
High Growth Earnings: EQT's earnings are forecast to grow, but not significantly.
Revenue vs Market: EQT's revenue (6.6% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: EQT's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EQT's Return on Equity is forecast to be low in 3 years time (10.7%).
How has EQT Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EQT has high quality earnings.
Growing Profit Margin: EQT's current net profit margins (21.3%) are higher than last year (20.1%).
Past Earnings Growth Analysis
Earnings Trend: EQT's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: EQT's earnings growth over the past year (12.1%) exceeds its 5-year average (7.7% per year).
Earnings vs Industry: EQT earnings growth over the past year (12.1%) underperformed the Capital Markets industry 12.8%.
Return on Equity
High ROE: EQT's Return on Equity (7.5%) is considered low.
How is EQT Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: EQT's short term assets (A$131.4M) exceed its short term liabilities (A$14.8M).
Long Term Liabilities: EQT's short term assets (A$131.4M) exceed its long term liabilities (A$64.8M).
Debt to Equity History and Analysis
Debt Level: EQT's debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: EQT's debt to equity ratio has increased from 3.3% to 12.1% over the past 5 years.
Debt Coverage: EQT's debt is well covered by operating cash flow (58.1%).
Interest Coverage: EQT's interest payments on its debt are well covered by EBIT (21.8x coverage).
What is EQT Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EQT's dividend (3.26%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: EQT's dividend (3.26%) is low compared to the top 25% of dividend payers in the Australian market (5.33%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, EQT has been paying a dividend for less than 10 years.
Growing Dividend: EQT's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (88.3%), EQT's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EQT's dividends in 3 years are forecast to be covered by earnings (79.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Michael Joseph O'Brien, also known as Mick, FIAA, CFA, GAICD, serves as an Executive Director at Partners Group Global Income Fund. Mr. O'Brien has been the Managing Director of EQT Holdings Limited an...
CEO Compensation Analysis
Compensation vs Market: Mick's total compensation ($USD964.17K) is above average for companies of similar size in the Australian market ($USD735.69K).
Compensation vs Earnings: Mick's compensation has increased by more than 20% in the past year.
Experienced Management: EQT's management team is considered experienced (4 years average tenure).
Experienced Board: EQT's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
EQT Holdings Limited's employee growth, exchange listings and data sources
- Name: EQT Holdings Limited
- Ticker: EQT
- Exchange: ASX
- Founded: 1888
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$581.277m
- Shares outstanding: 21.05m
- Website: https://www.eqt.com.au
Number of Employees
- EQT Holdings Limited
- 575 Bourke Street
- Level 1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:03|
|End of Day Share Price||2021/10/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.