EQT CORP (EQT)
US26884L1098 - Common Stock
Overall EQT gets a fundamental rating of 3 out of 10. We evaluated EQT against 205 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of EQT have multiple concerns. EQT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year EQT was profitable.
In the past year EQT had a positive cash flow from operations.
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 (0.79%) is worse than 73.53% of its industry peers.
Looking at the Return On Equity, with a value of 1.55%, EQT is doing worse than 72.55% of the companies in the same industry.
EQT has a worse Return On Invested Capital (0.97%) than 78.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.79% | ||
| ROE | 1.55% | ||
| ROIC | 0.97% |
ROA(3y)3.13%
ROA(5y)-0.49%
ROE(3y)5.37%
ROE(5y)-1.36%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
EQT has a worse Profit Margin (5.52%) than 63.24% of its industry peers.
EQT has a Operating Margin of 8.12%. This is in the lower half of the industry: EQT underperforms 72.06% of its industry peers.
EQT's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 56.49%, EQT is doing good in the industry, outperforming 63.73% of the companies in the same industry.
EQT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.12% | ||
| PM (TTM) | 5.52% | ||
| GM | 56.49% |
OM growth 3YN/A
OM growth 5Y16.83%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y18.63%
GM growth 5Y2.17%
2. Health
2.1 Basic Checks
EQT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, EQT has more shares outstanding
EQT has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, EQT has an improved debt to assets ratio.
2.2 Solvency
EQT has an Altman-Z score of 1.01. This is a bad value and indicates that EQT is not financially healthy and even has some risk of bankruptcy.
EQT has a Altman-Z score (1.01) which is in line with its industry peers.
EQT has a debt to FCF ratio of 27.60. This is a negative value and a sign of low solvency as EQT would need 27.60 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 27.60, EQT is doing worse than 62.75% of the companies in the same industry.
A Debt/Equity ratio of 0.66 indicates that EQT is somewhat dependend on debt financing.
The Debt to Equity ratio of EQT (0.66) is worse than 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 27.6 | ||
| Altman-Z | 1.01 |
ROIC/WACC0.12
WACC8.07%
2.3 Liquidity
A Current Ratio of 0.51 indicates that EQT may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.51, EQT is doing worse than 87.25% of the companies in the same industry.
EQT has a Quick Ratio of 0.51. This is a bad value and indicates that EQT is not financially healthy enough and could expect problems in meeting its short term obligations.
EQT's Quick ratio of 0.51 is on the low side compared to the rest of the industry. EQT is outperformed by 84.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.51 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
The earnings per share for EQT have decreased strongly by -40.44% in the last year.
EQT shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.26% yearly.
Looking at the last year, EQT shows a very negative growth in Revenue. The Revenue has decreased by -31.80% in the last year.
Measured over the past years, EQT shows a quite strong growth in Revenue. The Revenue has been growing by 8.67% on average per year.
EPS 1Y (TTM)-40.44%
EPS 3YN/A
EPS 5Y-2.26%
EPS Q2Q%-60%
Revenue 1Y (TTM)-31.8%
Revenue growth 3Y31.21%
Revenue growth 5Y8.67%
Sales Q2Q%7.66%
3.2 Future
Based on estimates for the next years, EQT will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.53% on average per year.
Based on estimates for the next years, EQT will show a small growth in Revenue. The Revenue will grow by 5.39% on average per year.
EPS Next Y-45.72%
EPS Next 2Y8.02%
EPS Next 3Y16.04%
EPS Next 5Y9.53%
Revenue Next Year-7.42%
Revenue Next 2Y12.09%
Revenue Next 3Y9.88%
Revenue Next 5Y5.39%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 32.08 indicates a quite expensive valuation of EQT.
Compared to the rest of the industry, the Price/Earnings ratio of EQT indicates a slightly more expensive valuation: EQT is more expensive than 70.59% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.73, EQT is valued at the same level.
EQT is valuated correctly with a Price/Forward Earnings ratio of 15.95.
EQT's Price/Forward Earnings ratio is in line with the industry average.
EQT's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.08 | ||
| Fwd PE | 15.95 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EQT is valued a bit more expensive than 75.00% of the companies in the same industry.
60.29% of the companies in the same industry are cheaper than EQT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 51.32 | ||
| EV/EBITDA | 15.62 |
4.3 Compensation for Growth
EQT's earnings are expected to grow with 16.04% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.02%
EPS Next 3Y16.04%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.48%, EQT has a reasonable but not impressive dividend return.
EQT's Dividend Yield is slightly below the industry average, which is at 7.08.
EQT's Dividend Yield is slightly below the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.48% |
5.2 History
On average, the dividend of EQT grows each year by 36.84%, which is quite nice.
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)36.84%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
EQT pays out 94.95% of its income as dividend. This is not a sustainable payout ratio.
EQT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP94.95%
EPS Next 2Y8.02%
EPS Next 3Y16.04%
EQT CORP
NYSE:EQT (12/20/2024, 8:07:24 PM)
After market: 43.3299 +0.34 (+0.79%)42.99
+0.34 (+0.8%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners77.09%
Inst Owner Change31.81%
Ins Owners0.54%
Ins Owner Change-0.06%
Market Cap25.65B
Analysts76.15
Price Target46.36 (7.84%)
Short Float %3.49%
Short Ratio2.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.48% |
Dividend Growth(5Y)36.84%
DP94.95%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)76.68%
Min EPS beat(2)56.15%
Max EPS beat(2)97.2%
EPS beat(4)3
Avg EPS beat(4)42.75%
Min EPS beat(4)-9.87%
Max EPS beat(4)97.2%
EPS beat(8)6
Avg EPS beat(8)86.17%
EPS beat(12)6
Avg EPS beat(12)54.22%
EPS beat(16)10
Avg EPS beat(16)70.78%
Revenue beat(2)0
Avg Revenue beat(2)-8.56%
Min Revenue beat(2)-13.64%
Max Revenue beat(2)-3.47%
Revenue beat(4)1
Avg Revenue beat(4)-2.62%
Min Revenue beat(4)-13.64%
Max Revenue beat(4)9.22%
Revenue beat(8)4
Avg Revenue beat(8)16.95%
Revenue beat(12)7
Avg Revenue beat(12)19.7%
Revenue beat(16)8
Avg Revenue beat(16)-5.84%
PT rev (1m)9.86%
PT rev (3m)6.42%
EPS NQ rev (1m)9.77%
EPS NQ rev (3m)22.26%
EPS NY rev (1m)2.71%
EPS NY rev (3m)-17.63%
Revenue NQ rev (1m)-0.22%
Revenue NQ rev (3m)10.45%
Revenue NY rev (1m)-0.6%
Revenue NY rev (3m)-1.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.08 | ||
| Fwd PE | 15.95 | ||
| P/S | 4.51 | ||
| P/FCF | 51.32 | ||
| P/OCF | 9.52 | ||
| P/B | 1.26 | ||
| P/tB | 1.43 | ||
| EV/EBITDA | 15.62 |
EPS(TTM)1.34
EY3.12%
EPS(NY)2.7
Fwd EY6.27%
FCF(TTM)0.84
FCFY1.95%
OCF(TTM)4.52
OCFY10.51%
SpS9.54
BVpS34.08
TBVpS29.98
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.79% | ||
| ROE | 1.55% | ||
| ROCE | 1.22% | ||
| ROIC | 0.97% | ||
| ROICexc | 0.97% | ||
| ROICexgc | 1.04% | ||
| OM | 8.12% | ||
| PM (TTM) | 5.52% | ||
| GM | 56.49% | ||
| FCFM | 8.78% |
ROA(3y)3.13%
ROA(5y)-0.49%
ROE(3y)5.37%
ROE(5y)-1.36%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y21.09%
ROICexc growth 3YN/A
ROICexc growth 5Y21.19%
OM growth 3YN/A
OM growth 5Y16.83%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y18.63%
GM growth 5Y2.17%
F-Score3
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 27.6 | ||
| Debt/EBITDA | 5.34 | ||
| Cap/Depr | 107.4% | ||
| Cap/Sales | 38.57% | ||
| Interest Coverage | 1.75 | ||
| Cash Conversion | 107.53% | ||
| Profit Quality | 159.06% | ||
| Current Ratio | 0.51 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 1.01 |
F-Score3
WACC8.07%
ROIC/WACC0.12
Cap/Depr(3y)87.85%
Cap/Depr(5y)87.75%
Cap/Sales(3y)27.44%
Cap/Sales(5y)30.54%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-40.44%
EPS 3YN/A
EPS 5Y-2.26%
EPS Q2Q%-60%
EPS Next Y-45.72%
EPS Next 2Y8.02%
EPS Next 3Y16.04%
EPS Next 5Y9.53%
Revenue 1Y (TTM)-31.8%
Revenue growth 3Y31.21%
Revenue growth 5Y8.67%
Sales Q2Q%7.66%
Revenue Next Year-7.42%
Revenue Next 2Y12.09%
Revenue Next 3Y9.88%
Revenue Next 5Y5.39%
EBIT growth 1Y-88.59%
EBIT growth 3YN/A
EBIT growth 5Y26.96%
EBIT Next Year148.31%
EBIT Next 3Y60.33%
EBIT Next 5Y32.5%
FCF growth 1Y-77.04%
FCF growth 3Y32.77%
FCF growth 5YN/A
OCF growth 1Y-24.56%
OCF growth 3Y27.39%
OCF growth 5Y1.33%