Equitable Holdings, Inc.

NYSE:EQH Stock Report

Market Cap: US$16.7b

Equitable Holdings Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 EQH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$29.85
Fair Value
79.7% overvalued intrinsic discount
11
Number of Analysts

Below Fair Value: EQH ($53.65) is trading above our estimate of fair value ($29.85)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for EQH. This is calculated by dividing EQH's market cap by their current earnings.
What is EQH's PE Ratio?
PE Ratio13.6x
EarningsUS$1.23b
Market CapUS$16.65b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for EQH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.9x
VOYA Voya Financial
11.4x16.9%US$6.9b
APO Apollo Global Management
19.9xn/aUS$89.4b
ALRS Alerus Financial
25.7x43.8%US$555.6m
JKHY Jack Henry & Associates
30.6x8.5%US$12.5b
EQH Equitable Holdings
13.6x26.2%US$16.7b

Price-To-Earnings vs Peers: EQH is good value based on its Price-To-Earnings Ratio (13.6x) compared to the peer average (21.9x).

Price to Earnings Ratio vs Industry

How does EQH's PE Ratio compare vs other companies in the US Diversified Financial Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FOA Finance of America Companies
1.4x-136.3%US$561.17m
PMIR PMI Group
0.09xn/aUS$518.61k
ACGX Alliance Creative Group
2.2xn/aUS$457.13k
No more companies available in this PE range
EQH 13.6xIndustry Avg. 17.3xNo. of Companies13PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EQH is good value based on its Price-To-Earnings Ratio (13.6x) compared to the US Diversified Financial industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is EQH'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.

EQH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.6x
Fair PE Ratio23.1x

Price-To-Earnings vs Fair Ratio: EQH is good value based on its Price-To-Earnings Ratio (13.6x) compared to the estimated Fair Price-To-Earnings Ratio (23.1x).

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 EQH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$53.65
US$59.18
+10.3%
9.2%US$69.00US$49.00n/a11
Feb ’26US$54.42
US$57.73
+6.1%
9.6%US$70.00US$49.00n/a11
Jan ’26US$47.17
US$54.40
+15.3%
10.2%US$61.00US$45.00n/a10
Dec ’25US$48.23
US$53.30
+10.5%
10.9%US$61.00US$45.00n/a10
Nov ’25US$45.13
US$48.90
+8.4%
9.8%US$60.00US$43.00n/a10
Oct ’25US$41.71
US$48.09
+15.3%
9.8%US$59.00US$43.00n/a11
Sep ’25US$42.52
US$47.00
+10.5%
7.1%US$53.00US$43.00n/a10
Aug ’25US$42.00
US$47.00
+11.9%
8.1%US$53.00US$42.00n/a10
Jul ’25US$40.82
US$43.40
+6.3%
8.3%US$51.00US$36.00n/a10
Jun ’25US$41.49
US$42.60
+2.7%
6.7%US$46.00US$36.00n/a10
May ’25US$38.61
US$42.30
+9.6%
7.3%US$46.00US$36.00n/a10
Apr ’25US$37.44
US$39.60
+5.8%
9.3%US$45.00US$31.00n/a10
Mar ’25US$33.73
US$39.30
+16.5%
8.5%US$43.00US$31.00n/a10
Feb ’25US$32.39
US$38.55
+19.0%
9.3%US$43.00US$31.00US$54.4211
Jan ’25US$33.30
US$36.36
+9.2%
7.6%US$41.00US$31.00US$47.1711
Dec ’24US$31.26
US$35.17
+12.5%
10.6%US$41.00US$28.00US$48.2312
Nov ’24US$25.21
US$35.92
+42.5%
9.1%US$41.00US$31.00US$45.1312
Oct ’24US$28.39
US$37.18
+31.0%
9.0%US$42.00US$32.00US$41.7111
Sep ’24US$29.19
US$36.91
+26.4%
10.4%US$42.00US$29.00US$42.5211
Aug ’24US$28.95
US$36.64
+26.6%
11.2%US$43.00US$29.00US$42.0011
Jul ’24US$27.16
US$36.27
+33.6%
11.5%US$43.00US$29.00US$40.8211
Jun ’24US$24.95
US$35.08
+40.6%
15.5%US$43.00US$25.00US$41.4912
May ’24US$26.07
US$36.00
+38.1%
14.4%US$43.00US$26.00US$38.6113
Apr ’24US$25.39
US$38.23
+50.6%
15.3%US$48.00US$26.00US$37.4413
Mar ’24US$32.31
US$38.62
+19.5%
12.7%US$48.00US$33.00US$33.7313
Feb ’24US$32.28
US$38.54
+19.4%
12.8%US$48.00US$33.00US$32.3913
Analyst Price Target
Consensus Narrative from 11 Analysts
US$59.18
Fair Value
9.3% undervalued intrinsic discount
11
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 Analysis2025/02/12 22:48
End of Day Share Price 2025/02/12 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

Equitable Holdings, Inc. is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tracy Dolin-BenguiguiBarclays
Alex ScottBarclays
Tracy Dolin-BenguiguiBarclays