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EQV1

eQ OyjHLSE:EQV1V Stock Report

Last Price

€24.45

Market Cap

€969.0m

7D

-1.4%

1Y

36.2%

Updated

19 Jan, 2022

Data

Company Financials +
EQV1V fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends4/6

EQV1V Stock Overview

eQ Oyj is a publicly owned investment manager.

eQ Oyj Competitors

Brookfield Asset Management

TSX:BAM.A

CA$108.0b

Partners Group Holding

SWX:PGHN

CHF35.0b

Eurazeo

ENXTPA:RF

€6.0b

Onex

TSX:ONEX

CA$8.2b

Price History & Performance

Summary of all time highs, changes and price drops for eQ Oyj
Historical stock prices
Current Share Price€24.45
52 Week High€30.95
52 Week Low€15.55
Beta0.75
1 Month Change4.71%
3 Month Change-9.61%
1 Year Change36.21%
3 Year Change198.17%
5 Year Change201.85%
Change since IPO1,186.84%

Recent News & Updates

Dec 15
I Ran A Stock Scan For Earnings Growth And eQ Oyj (HEL:EQV1V) Passed With Ease

I Ran A Stock Scan For Earnings Growth And eQ Oyj (HEL:EQV1V) Passed With Ease

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

EQV1VFI Capital MarketsFI Market
7D-1.4%-0.4%-1.7%
1Y36.2%34.3%6.8%

Return vs Industry: EQV1V exceeded the Finnish Capital Markets industry which returned 35.1% over the past year.

Return vs Market: EQV1V exceeded the Finnish Market which returned 8.5% over the past year.

Price Volatility

Is EQV1V's price volatile compared to industry and market?
EQV1V volatility
EQV1V Average Weekly Movement5.4%
Capital Markets Industry Average Movement4.3%
Market Average Movement4.3%
10% most volatile stocks in FI Market7.1%
10% least volatile stocks in FI Market2.9%

Stable Share Price: EQV1V is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: EQV1V's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200096Mikko Koskimieshttps://www.eq.fi

eQ Oyj is a publicly owned investment manager. The firm through its subsidiaries provides asset management, corporate finance and investments. The firm specializing in fund of funds investments and secondary transactions.

eQ Oyj Fundamentals Summary

How do eQ Oyj's earnings and revenue compare to its market cap?
EQV1V fundamental statistics
Market Cap€969.01m
Earnings (TTM)€37.17m
Revenue (TTM)€78.46m

26.1x

P/E Ratio

12.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EQV1V income statement (TTM)
Revenue€78.46m
Cost of Revenue€540.00k
Gross Profit€77.92m
Expenses€40.75m
Earnings€37.17m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 04, 2022

Earnings per share (EPS)0.94
Gross Margin99.31%
Net Profit Margin47.38%
Debt/Equity Ratio0%

How did EQV1V perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

67%

Payout Ratio

Valuation

Is eQ Oyj undervalued compared to its fair value and its price relative to the market?

26.07x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: EQV1V (€24.45) is trading above our estimate of fair value (€12.9)

Significantly Below Fair Value: EQV1V is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EQV1V is poor value based on its PE Ratio (26.1x) compared to the Finnish Capital Markets industry average (15.1x).

PE vs Market: EQV1V is poor value based on its PE Ratio (26.1x) compared to the Finnish market (23.5x).


Price to Earnings Growth Ratio

PEG Ratio: EQV1V is poor value based on its PEG Ratio (3.5x)


Price to Book Ratio

PB vs Industry: EQV1V is overvalued based on its PB Ratio (13.9x) compared to the FI Capital Markets industry average (3.6x).


Future Growth

How is eQ Oyj forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

7.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EQV1V's forecast earnings growth (7.4% per year) is above the savings rate (0.2%).

Earnings vs Market: EQV1V's earnings (7.4% per year) are forecast to grow faster than the Finnish market (4.6% per year).

High Growth Earnings: EQV1V's earnings are forecast to grow, but not significantly.

Revenue vs Market: EQV1V's revenue (7.1% per year) is forecast to grow faster than the Finnish market (3.6% per year).

High Growth Revenue: EQV1V's revenue (7.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if EQV1V's Return on Equity is forecast to be high in 3 years time


Past Performance

How has eQ Oyj performed over the past 5 years?

19.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EQV1V has high quality earnings.

Growing Profit Margin: EQV1V's current net profit margins (47.4%) are higher than last year (42%).


Past Earnings Growth Analysis

Earnings Trend: EQV1V's earnings have grown by 19.6% per year over the past 5 years.

Accelerating Growth: EQV1V's earnings growth over the past year (68%) exceeds its 5-year average (19.6% per year).

Earnings vs Industry: EQV1V earnings growth over the past year (68%) underperformed the Capital Markets industry 194.1%.


Return on Equity

High ROE: EQV1V's Return on Equity (53.3%) is considered outstanding.


Financial Health

How is eQ Oyj's financial position?


Financial Position Analysis

Short Term Liabilities: EQV1V's short term assets (€20.0M) do not cover its short term liabilities (€20.2M).

Long Term Liabilities: EQV1V's short term assets (€20.0M) exceed its long term liabilities (€6.6M).


Debt to Equity History and Analysis

Debt Level: EQV1V is debt free.

Reducing Debt: EQV1V has not had any debt for past 5 years.

Debt Coverage: EQV1V has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: EQV1V has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is eQ Oyj current dividend yield, its reliability and sustainability?

2.86%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EQV1V's dividend (2.86%) is higher than the bottom 25% of dividend payers in the Finnish market (1.67%).

High Dividend: EQV1V's dividend (2.86%) is low compared to the top 25% of dividend payers in the Finnish market (3.63%).


Stability and Growth of Payments

Stable Dividend: EQV1V's dividends per share have been stable in the past 10 years.

Growing Dividend: EQV1V's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (67.3%), EQV1V's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EQV1V's dividends in 3 years are not forecast to be well covered by earnings (93.9% payout ratio).


Next Steps

Management

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

2.5yrs

Average management tenure


CEO

Mikko Koskimies (54 yo)

0.75

Tenure

Mr. Mikko Koskimies, M.Sc. (Econ), serves as the Chief Executive Officer of eQ Oyj since April 1, 2021 and serves as its Chairman of the Board since 2021. Mr. Koskimies serves as the Managing Director of e...


Leadership Team

Experienced Management: EQV1V's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: EQV1V's board of directors are considered experienced (4.4 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.


Ownership Breakdown

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


Top Shareholders

Company Information

eQ Oyj's employee growth, exchange listings and data sources


Key Information

  • Name: eQ Oyj
  • Ticker: EQV1V
  • Exchange: HLSE
  • Founded: 2000
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: €969.007m
  • Shares outstanding: 39.63m
  • Website: https://www.eq.fi

Number of Employees


Location

  • eQ Oyj
  • Aleksanterinkatu 19 A
  • 5th floor
  • Helsinki
  • Uusimaa
  • 100
  • Finland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 21:11
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.