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EQT

EQTOM:EQT Stock Report

Last Price

kr410.10

Market Cap

kr404.6b

7D

-6.0%

1Y

83.7%

Updated

20 Jan, 2022

Data

Company Financials +
EQT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance6/6
Financial Health6/6
Dividends2/6

EQT Stock Overview

EQT AB (publ) is a private equity firm specializing in buyout investments.

EQT Competitors

Blackstone

NYSE:BX

US$134.9b

Brookfield Asset Management

TSX:BAM.A

CA$108.0b

KKR

NYSE:KKR

US$57.5b

Apollo Global Management

NYSE:APO

US$40.2b

Price History & Performance

Summary of all time highs, changes and price drops for EQT
Historical stock prices
Current Share Pricekr410.10
52 Week Highkr557.80
52 Week Lowkr219.50
Beta0.33
1 Month Change-19.11%
3 Month Change-7.01%
1 Year Change83.65%
3 Year Changen/a
5 Year Changen/a
Change since IPO355.67%

Recent News & Updates

Jan 15
Should You Be Adding EQT (STO:EQT) To Your Watchlist Today?

Should You Be Adding EQT (STO:EQT) To Your Watchlist Today?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Nov 23
EQT (STO:EQT) Is Increasing Its Dividend To kr1.20

EQT (STO:EQT) Is Increasing Its Dividend To kr1.20

EQT AB (publ) ( STO:EQT ) will increase its dividend on the 6th of December to kr1.20. The announced payment will take...

Nov 08
EQT (STO:EQT) Will Pay A Larger Dividend Than Last Year At kr1.20

EQT (STO:EQT) Will Pay A Larger Dividend Than Last Year At kr1.20

EQT AB (publ)'s ( STO:EQT ) dividend will be increasing to kr1.20 on 6th of December. This makes the dividend yield...

Oct 08
EQT (STO:EQT) Will Pay A Larger Dividend Than Last Year At kr1.20

EQT (STO:EQT) Will Pay A Larger Dividend Than Last Year At kr1.20

EQT AB (publ)'s ( STO:EQT ) dividend will be increasing to kr1.20 on 6th of December. The announced payment will take...

Shareholder Returns

EQTSE Capital MarketsSE Market
7D-6.0%-7.9%-4.2%
1Y83.7%63.1%17.2%

Return vs Industry: EQT exceeded the Swedish Capital Markets industry which returned 63.1% over the past year.

Return vs Market: EQT exceeded the Swedish Market which returned 17.2% over the past year.

Price Volatility

Is EQT's price volatile compared to industry and market?
EQT volatility
EQT Average Weekly Movement6.2%
Capital Markets Industry Average Movement6.4%
Market Average Movement6.9%
10% most volatile stocks in SE Market11.7%
10% least volatile stocks in SE Market3.9%

Stable Share Price: EQT is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: EQT's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012938Christian Sindinghttps://www.eqtgroup.com

EQT AB (publ) is a private equity firm specializing in buyout investments. The firm focuses on Private Capital & Real Asset segments. It seeks to make investments globally.

EQT Fundamentals Summary

How do EQT's earnings and revenue compare to its market cap?
EQT fundamental statistics
Market Cap€39.14b
Earnings (TTM)€908.00m
Revenue (TTM)€1.60b

43.1x

P/E Ratio

24.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EQT income statement (TTM)
Revenue€1.60b
Cost of Revenue€427.00m
Gross Profit€1.17b
Expenses€261.00m
Earnings€908.00m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Apr 26, 2022

Earnings per share (EPS)0.92
Gross Margin73.25%
Net Profit Margin56.89%
Debt/Equity Ratio16.9%

How did EQT perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

39%

Payout Ratio

Valuation

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

4.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EQT (SEK410.1) is trading below our estimate of fair value (SEK428.95)

Significantly Below Fair Value: EQT is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: EQT is poor value based on its PE Ratio (43.1x) compared to the Swedish Capital Markets industry average (13.8x).

PE vs Market: EQT is poor value based on its PE Ratio (43.1x) compared to the Swedish market (22.8x).


Price to Earnings Growth Ratio

PEG Ratio: EQT is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: EQT is overvalued based on its PB Ratio (13.3x) compared to the SE Capital Markets industry average (1.5x).


Future Growth

How is EQT forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

17.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EQT's forecast earnings growth (17.7% per year) is above the savings rate (0.3%).

Earnings vs Market: EQT's earnings (17.7% per year) are forecast to grow faster than the Swedish market (4.4% per year).

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

Revenue vs Market: EQT's revenue (14.5% per year) is forecast to grow faster than the Swedish market (5.1% per year).

High Growth Revenue: EQT's revenue (14.5% 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 high in 3 years time (28%)


Past Performance

How has EQT performed over the past 5 years?

53.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EQT has high quality earnings.

Growing Profit Margin: EQT's current net profit margins (56.9%) are higher than last year (39.9%).


Past Earnings Growth Analysis

Earnings Trend: EQT's earnings have grown significantly by 53.8% per year over the past 5 years.

Accelerating Growth: EQT's earnings growth over the past year (221.1%) exceeds its 5-year average (53.8% per year).

Earnings vs Industry: EQT earnings growth over the past year (221.1%) exceeded the Capital Markets industry 188.2%.


Return on Equity

High ROE: EQT's Return on Equity (30.9%) is considered high.


Financial Health

How is EQT's financial position?


Financial Position Analysis

Short Term Liabilities: EQT's short term assets (€1.5B) exceed its short term liabilities (€357.0M).

Long Term Liabilities: EQT's short term assets (€1.5B) exceed its long term liabilities (€592.0M).


Debt to Equity History and Analysis

Debt Level: EQT has more cash than its total debt.

Reducing Debt: EQT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: EQT's debt is well covered by operating cash flow (122.6%).

Interest Coverage: EQT's interest payments on its debt are well covered by EBIT (14.4x coverage).


Balance Sheet


Dividend

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

0.59%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EQT's dividend (0.59%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (0.98%).

High Dividend: EQT's dividend (0.59%) is low compared to the top 25% of dividend payers in the Swedish market (3.35%).


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 2 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (39.3%), EQT's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EQT's dividends in 3 years are forecast to be covered by earnings (53.7% payout ratio).


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Christian Sinding (50 yo)

3yrs

Tenure

€400,000

Compensation

Mr. Christian Sinding has been Managing Partner and Chief Executive Officer of EQT Partners AB since January 1, 2019. He has been Managing Partner and Chief Executive Officer of EQT AB since January 1, 201...


CEO Compensation Analysis

Compensation vs Market: Christian's total compensation ($USD453.57K) is below average for companies of similar size in the Swedish market ($USD2.31M).

Compensation vs Earnings: Christian's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: EQT's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: EQT's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: EQT insiders have bought and sold the same number of shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.


Top Shareholders

Company Information

EQT AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: EQT AB (publ)
  • Ticker: EQT
  • Exchange: OM
  • Founded: 2012
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: kr404.623b
  • Shares outstanding: 986.65m
  • Website: https://www.eqtgroup.com

Number of Employees


Location

  • EQT AB (publ)
  • Regeringsgatan 25
  • Stockholm
  • Stockholm County
  • 111 53
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 21:26
End of Day Share Price2022/01/20 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.