EQT Corporation

DB:EQ6 Stock Report

Market Cap: €29.7b

EQT Valuation

Is EQ6 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EQ6 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€85.26
Fair Value
42.1% undervalued intrinsic discount
25
Number of Analysts

Below Fair Value: EQ6 (€49.35) is trading below our estimate of fair value (€85.26)

Significantly Below Fair Value: EQ6 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EQ6?

Key metric: As EQ6 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for EQ6. This is calculated by dividing EQ6's market cap by their current earnings.
What is EQ6's PE Ratio?
PE Ratio97x
EarningsUS$314.24m
Market CapUS$30.69b

Price to Earnings Ratio vs Peers

How does EQ6's PE Ratio compare to its peers?

The above table shows the PE ratio for EQ6 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average43x
EXE Expand Energy
93.7x64.5%US$24.0b
DR0 Deutsche Rohstoff
3.1x-9.0%€180.0m
DVN Devon Energy
6.4x-3.2%US$22.0b
TPL Texas Pacific Land
68.9xn/aUS$30.8b
EQ6 EQT
97x41.0%€30.7b

Price-To-Earnings vs Peers: EQ6 is expensive based on its Price-To-Earnings Ratio (97x) compared to the peer average (43x).

Price to Earnings Ratio vs Industry

How does EQ6's PE Ratio compare vs other companies in the European Oil and Gas Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
EQ6 97.0xIndustry Avg. 9.0xNo. of Companies17PE0612182430+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EQ6 is expensive based on its Price-To-Earnings Ratio (97x) compared to the European Oil and Gas industry average (8.9x).

Price to Earnings Ratio vs Fair Ratio

What is EQ6's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EQ6 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio97x
Fair PE Ratio33.3x

Price-To-Earnings vs Fair Ratio: EQ6 is expensive based on its Price-To-Earnings Ratio (97x) compared to the estimated Fair Price-To-Earnings Ratio (33.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EQ6 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€49.35
€50.96
+3.3%
14.8%€70.29€33.70n/a25
Feb ’26€49.78
€50.75
+2.0%
14.9%€70.11€33.61n/a25
Jan ’26€42.80
€44.87
+4.8%
14.4%€56.26€30.90n/a24
Dec ’25€42.43
€42.50
+0.2%
14.1%€52.92€30.63n/a22
Nov ’25€33.40
€38.02
+13.8%
14.3%€50.75€29.53n/a22
Oct ’25€32.64
€35.98
+10.3%
15.1%€49.40€28.74n/a22
Sep ’25€30.06
€38.05
+26.6%
14.5%€49.66€28.89n/a22
Aug ’25€31.78
€40.13
+26.3%
12.9%€50.81€29.56n/a21
Jul ’25€34.18
€41.36
+21.0%
10.2%€50.41€33.61n/a20
Jun ’25€37.81
€40.88
+8.1%
10.0%€49.86€33.24n/a19
May ’25€38.55
€39.96
+3.7%
10.3%€48.71€31.85n/a20
Apr ’25€33.08
€38.54
+16.5%
13.2%€44.50€25.03n/a21
Mar ’25€34.50
€40.71
+18.0%
12.1%€48.11€27.76n/a24
Feb ’25€32.72
€41.20
+25.9%
11.9%€50.54€27.57€49.7824
Jan ’25€35.04
€42.93
+22.5%
14.2%€56.48€27.33€42.8024
Dec ’24€36.42
€43.95
+20.7%
13.4%€56.97€27.56€42.4324
Nov ’24€39.96
€45.34
+13.5%
13.3%€58.67€28.39€33.4024
Oct ’24€38.02
€45.45
+19.5%
14.1%€61.48€35.00€32.6422
Sep ’24€40.38
€44.47
+10.1%
14.6%€60.34€32.49€30.0622
Aug ’24€37.50
€41.89
+11.7%
16.5%€58.96€30.84€31.7822
Jul ’24€37.56
€41.07
+9.3%
17.5%€59.57€32.07€34.1822
Jun ’24€32.34
€41.18
+27.3%
16.3%€55.93€32.62€37.8122
May ’24€30.24
€40.50
+33.9%
17.1%€55.60€31.90€38.5523
Apr ’24€28.53
€43.46
+52.3%
17.0%€62.08€29.65€33.0821
Mar ’24€31.10
€44.75
+43.9%
18.8%€62.84€29.07€34.5021
Feb ’24€29.77
€47.12
+58.3%
18.2%€66.23€34.96€32.7222
Analyst Price Target
Consensus Narrative from 25 Analysts
€51.10
Fair Value
3.4% undervalued intrinsic discount
25
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 19:32
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

EQT Corporation is covered by 63 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael HallBaird
Richard GrossBarclays
Randy OllenbergerBMO Capital Markets Equity Research