EQT CORP (EQT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EQT - US26884L1098 - Common Stock
53.89 USD
-0.63 (-1.16%)
53.89 USD
0 (0%)
Overall EQT gets a fundamental rating of 5 out of 10. We evaluated EQT against 210 industry peers in the Oil, Gas & Consumable Fuels industry. EQT has a medium profitability rating, but doesn't score so well on its financial health evaluation. EQT is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
EQT had positive earnings in the past year.
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.
Each year in the past 5 years EQT had a positive operating cash flow.
1.2 Ratios
The Return On Assets of EQT (4.32%) is better than 61.43% of its industry peers.
With a Return On Equity value of 7.69%, EQT perfoms like the industry average, outperforming 50.95% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.82%, EQT is in line with its industry, outperforming 52.38% of the companies in the same industry.
EQT had an Average Return On Invested Capital over the past 3 years of 8.25%. This is significantly below the industry average of 21.09%.
| 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 amongst the best in the industry. EQT outperforms 80.48% of its industry peers.
The Operating Margin of EQT (33.07%) is better than 79.05% 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 87.62% of the companies in the same industry.
In the last couple of years the Gross Margin of EQT has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EQT is destroying value.
The number of shares outstanding for EQT has been increased compared to 1 year ago.
Compared to 5 years ago, EQT has more shares outstanding
EQT has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.62, we must say that EQT is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.62, EQT is in the better half of the industry, outperforming 60.95% of the companies in the same industry.
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.
EQT has a Debt to FCF ratio of 3.31. This is in the better half of the industry: EQT outperforms 75.24% of its industry peers.
EQT has a Debt/Equity ratio of 0.33. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of EQT (0.33) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 3.31 | ||
| Altman-Z | 1.62 |
ROIC/WACC0.69
WACC8.38%
2.3 Liquidity
A Current Ratio of 0.58 indicates that EQT may have some problems paying its short term obligations.
With a Current ratio value of 0.58, EQT is not doing good in the industry: 79.52% 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.
EQT has a Quick ratio of 0.58. This is in the lower half of the industry: EQT underperforms 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
EQT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 111.94%, which is quite impressive.
Measured over the past years, EQT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.31% on average per year.
EQT shows a strong growth in Revenue. In the last year, the Revenue has grown by 38.47%.
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
Based on estimates for the next years, EQT will show a very strong growth in Earnings Per Share. The EPS will grow by 25.35% on average per year.
Based on estimates for the next years, EQT will show a quite strong growth in Revenue. The Revenue will grow by 16.02% on average per year.
EPS Next Y88.28%
EPS Next 2Y70.53%
EPS Next 3Y48.63%
EPS Next 5Y25.35%
Revenue Next Year49.71%
Revenue Next 2Y31.73%
Revenue Next 3Y21.99%
Revenue Next 5Y16.02%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 18.98, which indicates a rather expensive current valuation of EQT.
EQT's Price/Earnings is on the same level as the industry average.
EQT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.59.
With a Price/Forward Earnings ratio of 11.96, the valuation of EQT can be described as very reasonable.
Based on the Price/Forward Earnings ratio, EQT is valued a bit cheaper than 63.81% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.03. EQT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.98 | ||
| Fwd PE | 11.96 |
4.2 Price Multiples
EQT's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of EQT indicates a somewhat cheap valuation: EQT is cheaper than 64.76% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.56 | ||
| EV/EBITDA | 8.07 |
4.3 Compensation for Growth
The 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 48.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.21
PEG (5Y)1.43
EPS Next 2Y70.53%
EPS Next 3Y48.63%
5. Dividend
5.1 Amount
EQT has a Yearly Dividend Yield of 1.23%.
EQT's Dividend Yield is comparable with the industry average which is at 3.95.
EQT's Dividend Yield is slightly below the S&P500 average, which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.23% |
5.2 History
On average, the dividend of EQT grows each year by 39.73%, which is quite nice.
EQT has been paying a dividend for at least 10 years, so it has 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.
EQT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP21.38%
EPS Next 2Y70.53%
EPS Next 3Y48.63%
53.89
-0.63 (-1.16%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners91.35%
Inst Owner Change6.29%
Ins Owners0.56%
Ins Owner Change-0.36%
Market Cap33.63B
Revenue(TTM)7.88B
Net Income(TTM)1.78B
Analysts80.63
Price TargetN/A
Short Float %3.95%
Short Ratio3.12
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.23% |
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)2.02%
PT rev (3m)3.3%
EPS NQ rev (1m)6.01%
EPS NQ rev (3m)-22.2%
EPS NY rev (1m)0.96%
EPS NY rev (3m)-11.2%
Revenue NQ rev (1m)1.47%
Revenue NQ rev (3m)-11.1%
Revenue NY rev (1m)0.72%
Revenue NY rev (3m)-2.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.98 | ||
| Fwd PE | 11.96 | ||
| P/S | 4.27 | ||
| P/FCF | 13.56 | ||
| P/OCF | 7.07 | ||
| P/B | 1.45 | ||
| P/tB | 1.61 | ||
| EV/EBITDA | 8.07 |
EPS(TTM)2.84
EY5.27%
EPS(NY)4.51
Fwd EY8.36%
FCF(TTM)3.98
FCFY7.38%
OCF(TTM)7.62
OCFY14.14%
SpS12.63
BVpS37.1
TBVpS33.47
PEG (NY)0.21
PEG (5Y)1.43
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 | 1.62 |
F-Score8
WACC8.38%
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 Y88.28%
EPS Next 2Y70.53%
EPS Next 3Y48.63%
EPS Next 5Y25.35%
Revenue 1Y (TTM)38.47%
Revenue growth 3Y19.83%
Revenue growth 5Y3.61%
Sales Q2Q%52.56%
Revenue Next Year49.71%
Revenue Next 2Y31.73%
Revenue Next 3Y21.99%
Revenue Next 5Y16.02%
EBIT growth 1Y463.58%
EBIT growth 3YN/A
EBIT growth 5Y-12.6%
EBIT Next Year338.97%
EBIT Next 3Y79.67%
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 6 / 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 18.98 and the Price/Book (PB) ratio is 1.45.
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 88.28% in the next year.