EQT CORP (EQT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EQT - US26884L1098 - Common Stock
57.03 USD
+0.68 (+1.21%)
57.03 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to EQT. EQT was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. While EQT is still in line with the averages on profitability rating, there are concerns on its financial health. EQT is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year EQT was profitable.
EQT had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: EQT reported negative net income in multiple years.
EQT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of EQT (4.32%) is better than 60.95% of its industry peers.
EQT has a Return On Equity (7.69%) which is in line with its industry peers.
EQT has a Return On Invested Capital (5.82%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for EQT is significantly below the industry average of 21.66%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.32% | ||
| ROE | 7.69% | ||
| ROIC | 5.82% |
ROA(3y)5.08%
ROA(5y)0.93%
ROE(3y)9.57%
ROE(5y)1.36%
ROIC(3y)8.25%
ROIC(5y)N/A
1.3 Margins
EQT has a Profit Margin of 22.59%. This is in the better half of the industry: EQT outperforms 79.05% of its industry peers.
EQT has a Operating Margin of 33.07%. This is in the better half of the industry: EQT outperforms 78.57% of its industry peers.
In the last couple of years the Operating Margin of EQT has declined.
Looking at the Gross Margin, with a value of 75.72%, EQT belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
EQT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.07% | ||
| PM (TTM) | 22.59% | ||
| GM | 75.72% |
OM growth 3YN/A
OM growth 5Y-15.64%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y24.52%
GM growth 5Y-0.11%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EQT is destroying value.
Compared to 1 year ago, EQT has more shares outstanding
Compared to 5 years ago, EQT has more shares outstanding
Compared to 1 year ago, EQT has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.67, we must say that EQT is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of EQT (1.67) is better than 60.48% of its industry peers.
EQT has a debt to FCF ratio of 3.31. This is a good value and a sign of high solvency as EQT would need 3.31 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.31, EQT is doing good in the industry, outperforming 74.76% of the companies in the same industry.
EQT has a Debt/Equity ratio of 0.33. This is a healthy value indicating a solid balance between debt and equity.
EQT's Debt to Equity ratio of 0.33 is in line compared to the rest of the industry. EQT outperforms 59.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 3.31 | ||
| Altman-Z | 1.67 |
ROIC/WACC0.69
WACC8.39%
2.3 Liquidity
EQT has a Current Ratio of 0.58. This is a bad value and indicates that EQT is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.58, EQT is not doing good in the industry: 80.95% of the companies in the same industry are doing better.
A Quick Ratio of 0.58 indicates that EQT may have some problems paying its short term obligations.
The Quick ratio of EQT (0.58) is worse than 75.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 111.94% over the past year.
EQT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.31% yearly.
The Revenue has grown by 38.47% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 3.61% on average over the past years.
EPS 1Y (TTM)111.94%
EPS 3Y19.87%
EPS 5Y13.31%
EPS Q2Q%333.33%
Revenue 1Y (TTM)38.47%
Revenue growth 3Y19.83%
Revenue growth 5Y3.61%
Sales Q2Q%52.56%
3.2 Future
EQT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.35% yearly.
The Revenue is expected to grow by 16.02% on average over the next years. This is quite good.
EPS Next Y86.49%
EPS Next 2Y70.18%
EPS Next 3Y48.6%
EPS Next 5Y25.35%
Revenue Next Year48.64%
Revenue Next 2Y31.62%
Revenue Next 3Y21.54%
Revenue Next 5Y16.02%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.08, EQT is valued on the expensive side.
The rest of the industry has a similar Price/Earnings ratio as EQT.
The average S&P500 Price/Earnings ratio is at 25.45. EQT is valued slightly cheaper when compared to this.
EQT is valuated correctly with a Price/Forward Earnings ratio of 12.70.
The rest of the industry has a similar Price/Forward Earnings ratio as EQT.
The average S&P500 Price/Forward Earnings ratio is at 34.46. EQT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.08 | ||
| Fwd PE | 12.7 |
4.2 Price Multiples
EQT's Enterprise Value to EBITDA ratio is in line with the industry average.
EQT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. EQT is cheaper than 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.35 | ||
| EV/EBITDA | 8.36 |
4.3 Compensation for Growth
EQT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
EQT's earnings are expected to grow with 48.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.23
PEG (5Y)1.51
EPS Next 2Y70.18%
EPS Next 3Y48.6%
5. Dividend
5.1 Amount
EQT has a Yearly Dividend Yield of 1.17%.
Compared to an average industry Dividend Yield of 5.91, EQT has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, EQT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
5.2 History
The dividend of EQT is nicely growing with an annual growth rate of 39.73%!
EQT has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of EQT decreased in the last 3 years.
Dividend Growth(5Y)39.73%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
EQT pays out 21.38% of its income as dividend. This is a sustainable payout ratio.
The dividend of EQT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP21.38%
EPS Next 2Y70.18%
EPS Next 3Y48.6%
57.03
+0.68 (+1.21%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners90.11%
Inst Owner Change6.63%
Ins Owners0.57%
Ins Owner Change-0.51%
Market Cap35.59B
Revenue(TTM)7.88B
Net Income(TTM)1.78B
Analysts80.63
Price Target64.59 (13.26%)
Short Float %3.15%
Short Ratio2.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
Yearly Dividend0.64
Dividend Growth(5Y)39.73%
DP21.38%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.73%
Min EPS beat(2)9.71%
Max EPS beat(2)19.75%
EPS beat(4)4
Avg EPS beat(4)20.83%
Min EPS beat(4)9.71%
Max EPS beat(4)39.15%
EPS beat(8)7
Avg EPS beat(8)31.81%
EPS beat(12)10
Avg EPS beat(12)64.41%
EPS beat(16)10
Avg EPS beat(16)45.88%
Revenue beat(2)2
Avg Revenue beat(2)22.41%
Min Revenue beat(2)2.49%
Max Revenue beat(2)42.33%
Revenue beat(4)2
Avg Revenue beat(4)4%
Min Revenue beat(4)-19.86%
Max Revenue beat(4)42.33%
Revenue beat(8)3
Avg Revenue beat(8)0.64%
Revenue beat(12)6
Avg Revenue beat(12)12.6%
Revenue beat(16)9
Avg Revenue beat(16)15.75%
PT rev (1m)0.97%
PT rev (3m)0.99%
EPS NQ rev (1m)-12.45%
EPS NQ rev (3m)-32.09%
EPS NY rev (1m)-9.16%
EPS NY rev (3m)-15.57%
Revenue NQ rev (1m)-7.38%
Revenue NQ rev (3m)-14.17%
Revenue NY rev (1m)-2.35%
Revenue NY rev (3m)-2.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.08 | ||
| Fwd PE | 12.7 | ||
| P/S | 4.52 | ||
| P/FCF | 14.35 | ||
| P/OCF | 7.48 | ||
| P/B | 1.54 | ||
| P/tB | 1.7 | ||
| EV/EBITDA | 8.36 |
EPS(TTM)2.84
EY4.98%
EPS(NY)4.49
Fwd EY7.87%
FCF(TTM)3.98
FCFY6.97%
OCF(TTM)7.62
OCFY13.37%
SpS12.63
BVpS37.1
TBVpS33.47
PEG (NY)0.23
PEG (5Y)1.51
Graham Number48.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.32% | ||
| ROE | 7.69% | ||
| ROCE | 6.68% | ||
| ROIC | 5.82% | ||
| ROICexc | 5.85% | ||
| ROICexgc | 6.22% | ||
| OM | 33.07% | ||
| PM (TTM) | 22.59% | ||
| GM | 75.72% | ||
| FCFM | 31.48% |
ROA(3y)5.08%
ROA(5y)0.93%
ROE(3y)9.57%
ROE(5y)1.36%
ROIC(3y)8.25%
ROIC(5y)N/A
ROICexc(3y)8.67%
ROICexc(5y)N/A
ROICexgc(3y)8.68%
ROICexgc(5y)N/A
ROCE(3y)9.48%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-23.92%
ROICexc growth 3YN/A
ROICexc growth 5Y-24.86%
OM growth 3YN/A
OM growth 5Y-15.64%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y24.52%
GM growth 5Y-0.11%
F-Score8
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 3.31 | ||
| Debt/EBITDA | 1.49 | ||
| Cap/Depr | 89.15% | ||
| Cap/Sales | 28.88% | ||
| Interest Coverage | 4.65 | ||
| Cash Conversion | 92.2% | ||
| Profit Quality | 139.34% | ||
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 1.67 |
F-Score8
WACC8.39%
ROIC/WACC0.69
Cap/Depr(3y)101.62%
Cap/Depr(5y)88.24%
Cap/Sales(3y)30.21%
Cap/Sales(5y)31.83%
Profit Quality(3y)144.02%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)111.94%
EPS 3Y19.87%
EPS 5Y13.31%
EPS Q2Q%333.33%
EPS Next Y86.49%
EPS Next 2Y70.18%
EPS Next 3Y48.6%
EPS Next 5Y25.35%
Revenue 1Y (TTM)38.47%
Revenue growth 3Y19.83%
Revenue growth 5Y3.61%
Sales Q2Q%52.56%
Revenue Next Year48.64%
Revenue Next 2Y31.62%
Revenue Next 3Y21.54%
Revenue Next 5Y16.02%
EBIT growth 1Y463.58%
EBIT growth 3YN/A
EBIT growth 5Y-12.6%
EBIT Next Year359.42%
EBIT Next 3Y78.41%
EBIT Next 5Y43.31%
FCF growth 1Y39.43%
FCF growth 3Y-1.91%
FCF growth 5Y18.13%
OCF growth 1Y31.47%
OCF growth 3Y19.36%
OCF growth 5Y8.83%
EQT CORP / EQT FAQ
What is the ChartMill fundamental rating of EQT CORP (EQT) stock?
ChartMill assigns a fundamental rating of 5 / 10 to EQT.
Can you provide the valuation status for EQT CORP?
ChartMill assigns a valuation rating of 5 / 10 to EQT CORP (EQT). This can be considered as Fairly Valued.
How profitable is EQT CORP (EQT) stock?
EQT CORP (EQT) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for EQT stock?
The Price/Earnings (PE) ratio for EQT CORP (EQT) is 20.08 and the Price/Book (PB) ratio is 1.54.
What is the expected EPS growth for EQT CORP (EQT) stock?
The Earnings per Share (EPS) of EQT CORP (EQT) is expected to grow by 86.49% in the next year.