EQT CORP (EQT) Stock Fundamental Analysis
USA - NYSE:EQT - US26884L1098 - Common Stock
59.9 USD
-0.35 (-0.58%)
60 USD
+0.1 (+0.17%)
Taking everything into account, EQT scores 5 out of 10 in our fundamental rating. EQT was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of EQT while its profitability can be described as average. EQT is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
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
EQT has a Return On Assets of 4.32%. This is in the better half of the industry: EQT outperforms 60.48% of its industry peers.
Looking at the Return On Equity, with a value of 7.69%, EQT is in line with its industry, outperforming 50.48% of the companies in the same industry.
EQT has a Return On Invested Capital of 5.82%. This is comparable to the rest of the industry: EQT outperforms 52.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EQT is significantly below the industry average of 21.85%.
| 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
Looking at the Profit Margin, with a value of 22.59%, EQT is in the better half of the industry, outperforming 79.05% of the companies in the same industry.
With a decent Operating Margin value of 33.07%, EQT is doing good in the industry, outperforming 79.05% of the companies in the same industry.
EQT's Operating Margin has declined in the last couple of years.
EQT has a Gross Margin of 75.72%. This is amongst the best in the industry. EQT outperforms 86.67% of its industry peers.
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
EQT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, EQT has more shares outstanding
The number of shares outstanding for EQT has been increased compared to 5 years ago.
Compared to 1 year ago, EQT has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.75, we must say that EQT is in the distress zone and has some risk of bankruptcy.
EQT has a Altman-Z score of 1.75. This is in the better half of the industry: EQT outperforms 60.48% of its industry peers.
The Debt to FCF ratio of EQT is 3.31, which is a good value as it means it would take EQT, 3.31 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of EQT (3.31) is better than 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 | 1.75 |
ROIC/WACC0.71
WACC8.14%
2.3 Liquidity
A Current Ratio of 0.58 indicates that EQT may have some problems paying its short term obligations.
EQT has a worse Current ratio (0.58) than 81.43% of its industry peers.
EQT has a Quick 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.
EQT has a worse Quick ratio (0.58) than 76.19% 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.
The Earnings Per Share has been growing by 13.31% on average over the past years. This is quite good.
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.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
EQT is valuated rather expensively with a Price/Earnings ratio of 21.09.
Compared to the rest of the industry, the Price/Earnings ratio of EQT is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 25.89. EQT is around the same levels.
Based on the Price/Forward Earnings ratio of 13.34, the valuation of EQT can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EQT is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of EQT to the average of the S&P500 Index (34.59), we can say EQT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.09 | ||
| Fwd PE | 13.34 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EQT is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of EQT indicates a somewhat cheap valuation: EQT is cheaper than 61.90% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.07 | ||
| EV/EBITDA | 8.84 |
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.
A more expensive valuation may be justified as EQT's earnings are expected to grow with 48.60% in the coming years.
PEG (NY)0.24
PEG (5Y)1.59
EPS Next 2Y70.18%
EPS Next 3Y48.6%
5. Dividend
5.1 Amount
EQT has a Yearly Dividend Yield of 1.10%. Purely for dividend investing, there may be better candidates out there.
EQT's Dividend Yield is comparable with the industry average which is at 5.89.
With a Dividend Yield of 1.10, EQT pays less dividend than the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
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.
EQT has decreased its dividend 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 2Y70.18%
EPS Next 3Y48.6%
59.9
-0.35 (-0.58%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners90.11%
Inst Owner Change1.34%
Ins Owners0.57%
Ins Owner Change0.52%
Market Cap37.38B
Revenue(TTM)7.88B
Net Income(TTM)1.78B
Analysts80.63
Price Target64.4 (7.51%)
Short Float %3.26%
Short Ratio2.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
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)-22.52%
EPS NQ rev (3m)-32.09%
EPS NY rev (1m)-9.16%
EPS NY rev (3m)-15.57%
Revenue NQ rev (1m)-9.8%
Revenue NQ rev (3m)-14.17%
Revenue NY rev (1m)-2.35%
Revenue NY rev (3m)-2.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.09 | ||
| Fwd PE | 13.34 | ||
| P/S | 4.74 | ||
| P/FCF | 15.07 | ||
| P/OCF | 7.86 | ||
| P/B | 1.61 | ||
| P/tB | 1.79 | ||
| EV/EBITDA | 8.84 |
EPS(TTM)2.84
EY4.74%
EPS(NY)4.49
Fwd EY7.49%
FCF(TTM)3.98
FCFY6.64%
OCF(TTM)7.62
OCFY12.73%
SpS12.63
BVpS37.1
TBVpS33.47
PEG (NY)0.24
PEG (5Y)1.59
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 | 1.75 |
F-Score8
WACC8.14%
ROIC/WACC0.71
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 21.09 and the Price/Book (PB) ratio is 1.61.
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.