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EQT

EQT HoldingsASX:EQT Stock Report

Market Cap

AU$581.3m

7D

1.0%

1Y

1.9%

Updated

20 Oct, 2021

Data

Company Financials +
EQT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends3/6

EQT Overview

EQT Holdings Limited, together with its subsidiaries, provides philanthropic, trust, investment, and estate services in Australia, the United Kingdom, and Ireland.

Price History & Performance

Summary of all time highs, changes and price drops for EQT Holdings
Historical stock prices
Current Share PriceAU$27.94
52 Week HighAU$22.73
52 Week LowAU$30.80
Beta0.68
1 Month Change-3.49%
3 Month Change4.49%
1 Year Change1.93%
3 Year Change21.48%
5 Year Change51.19%
Change since IPO39.98%

Recent News & Updates

Oct 15
This Is Why EQT Holdings Limited's (ASX:EQT) CEO Compensation Looks Appropriate

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...

Aug 21
EQT Holdings (ASX:EQT) Is Increasing Its Dividend To AU$0.47

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...

Shareholder Returns

EQTAU Capital MarketsAU Market
7D1.0%3.4%1.7%
1Y1.9%23.2%20.2%

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.

Price Volatility

Is EQT's price volatile compared to industry and market?
EQT volatility
EQT Beta0.68
Industry Beta0.99
Market Beta1

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

FoundedEmployeesCEOWebsite
1888251Mick O’Brienhttps://www.eqt.com.au

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

How do EQT Holdings's earnings and revenue compare to its market cap?
EQT fundamental statistics
Market CapAU$581.28m
Earnings (TTM)AU$21.53m
Revenue (TTM)AU$101.04m

27.3x

P/E Ratio

5.8x

P/S Ratio


Dividends

3.3%

Current Dividend Yield

88%

Payout Ratio

Valuation

Is EQT Holdings undervalued compared to its fair value and its price relative to the market?

27.32x

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).


Future Growth

How is EQT Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

9.3%

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%).


Past Performance

How has EQT Holdings performed over the past 5 years?

7.7%

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.


Financial Health

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).


Balance Sheet


Dividend

What is EQT Holdings's current dividend yield, its reliability and sustainability?

3.26%

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).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Mick O’Brien

5.25yrs

Tenure

AU$1,289,574

Compensation

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.


Leadership Team

Experienced Management: EQT's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: EQT's board of directors are considered experienced (4 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

EQT Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • EQT Holdings Limited
  • 575 Bourke Street
  • Level 1
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:03
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.