EQT AB (publ)

OTCPK:EQBB.F Stock Report

Market Cap: US$41.6b

EQT Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow 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 EQBB.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: EQBB.F ($36) is trading below our estimate of future cash flow value ($41.27)

Significantly Below Future Cash Flow Value: EQBB.F is trading below future cash flow value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EQBB.F?

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

The above table shows the Price to Earnings ratio for EQBB.F. This is calculated by dividing EQBB.F's market cap by their current earnings.
What is EQBB.F's PE Ratio?
PE Ratio34.1x
Earnings€1.04b
Market Cap€35.61b

Price to Earnings Ratio vs Peers

How does EQBB.F's PE Ratio compare to its peers?

The above table shows the PE ratio for EQBB.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25x
AMP Ameriprise Financial
12.4x6.47%US$49.1b
ARES Ares Management
56.1x25.35%US$46.7b
NTRS Northern Trust
15.4x4.19%US$33.6b
STT State Street
16x12.20%US$51.4b
EQBB.F EQT
34.1x28.61%US$393.8b

Price-To-Earnings vs Peers: EQBB.F is expensive based on its Price-To-Earnings Ratio (34.1x) compared to the peer average (25x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does EQBB.F's PE Ratio compare vs other companies in the US Capital Markets Industry?

22 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GAM General American Investors Company
4.4xn/aUS$1.61b
ASA ASA Gold and Precious Metals
1.6xn/aUS$1.16b
PEO Adams Natural Resources Fund
4.9xn/aUS$803.20m
MUDS Mudrick Capital Acquisition Corporation II
3.4xn/aUS$401.64m
EQBB.F 34.1xIndustry Avg. 38.6xNo. of Companies66PE020406080100+
22 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EQBB.F is good value based on its Price-To-Earnings Ratio (34.1x) compared to the US Capital Markets industry average (38.6x).

Price to Earnings Ratio vs Fair Ratio

What is EQBB.F'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.

EQBB.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate EQBB.F's Price-To-Earnings Fair Ratio for valuation analysis.

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 EQBB.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$40.45
0%
6.97%US$46.42US$35.78n/a11
Aug ’27US$32.50
US$38.92
+19.76%
9.62%US$46.10US$32.62n/a11
Jul ’27US$29.86
US$38.20
+27.92%
8.11%US$43.83US$32.80n/a11
Jun ’27n/a
US$40.48
0%
5.83%US$44.90US$36.12n/a12
May ’27US$32.00
US$40.91
+27.85%
8.33%US$46.37US$34.42n/a13
Apr ’27n/a
US$42.90
0%
10.27%US$50.27US$34.08n/a12
Mar ’27US$31.15
US$44.47
+42.75%
11.76%US$53.40US$34.75n/a12
Feb ’27US$38.50
US$44.28
+15.00%
10.76%US$53.74US$34.96n/a12
Jan ’27US$39.55
US$40.49
+2.38%
7.39%US$43.87US$34.52n/a13
Dec ’26US$33.35
US$39.19
+17.50%
6.91%US$43.33US$34.09n/a13
Nov ’26US$35.00
US$39.52
+12.91%
6.97%US$43.64US$34.34n/a13
Oct ’26US$33.50
US$39.14
+16.85%
7.05%US$42.74US$33.36n/a12
Sep ’26US$35.50
US$38.02
+7.11%
6.56%US$42.13US$32.88n/a13
Aug ’26US$34.50
US$37.51
+8.72%
6.55%US$41.59US$32.46US$32.5013
Jul ’26US$32.96
US$34.51
+4.71%
12.95%US$41.41US$26.52US$29.8613
Jun ’26n/a
US$31.53
0%
15.54%US$39.88US$23.47n/a13
May ’26US$28.49
US$31.33
+9.96%
15.56%US$39.65US$23.34US$32.0013
Apr ’26US$31.37
US$37.17
+18.47%
12.83%US$45.96US$28.21n/a13
Mar ’26n/a
US$35.53
0%
11.86%US$41.89US$27.32US$31.1513
Feb ’26US$32.00
US$34.57
+8.02%
12.00%US$41.73US$27.21US$38.5013
Jan ’26n/a
US$32.21
0%
10.34%US$38.98US$25.85US$39.5513
Dec ’25n/a
US$32.52
0%
10.11%US$39.46US$26.16US$33.3513
Nov ’25US$29.69
US$33.73
+13.61%
11.10%US$40.66US$26.96US$35.0013
Oct ’25US$33.40
US$34.85
+4.35%
10.32%US$43.59US$29.59US$33.5013
Sep ’25US$34.00
US$34.53
+1.57%
9.62%US$43.70US$31.35US$35.5013
Aug ’25US$31.79
US$33.80
+6.31%
9.93%US$42.93US$30.80US$34.5011
US$41.36
Fair Value
13.0% 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 Analysis2026/08/23 19:45
End of Day Share Price 2026/08/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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 AB (publ) is covered by 17 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
null nullABG Sundal Collier
Michael SandersonBarclays
Arnaud Maurice GiblatBNP Paribas