EQT CORP (EQT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EQT - US26884L1098 - Common Stock
58.6 USD
-1.92 (-3.17%)
58.7 USD
+0.1 (+0.17%)
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. EQT has a medium profitability rating, but doesn't score so well on its financial health evaluation. EQT is not overvalued while it is showing excellent growth. This is an interesting combination.
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.
In multiple years EQT reported negative net income over the last 5 years.
In the past 5 years EQT always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.32%, EQT is in the better half of the industry, outperforming 60.77% of the companies in the same industry.
With a Return On Equity value of 7.69%, EQT perfoms like the industry average, outperforming 50.72% of the companies in the same industry.
EQT has a Return On Invested Capital (5.82%) which is comparable to the rest of the 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 21.47%.
| 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's Profit Margin of 22.59% is fine compared to the rest of the industry. EQT outperforms 79.90% of its industry peers.
With a decent Operating Margin value of 33.07%, EQT is doing good in the industry, outperforming 78.95% of the companies in the same industry.
EQT's Operating Margin has declined in the last couple of years.
The Gross Margin of EQT (75.72%) is better than 87.08% 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
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
EQT has an Altman-Z score of 1.71. This is a bad value and indicates that EQT is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.71, EQT is in the better half of the industry, outperforming 60.77% 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 better Debt to FCF ratio (3.31) than 75.60% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that EQT is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.33, EQT perfoms like the industry average, outperforming 59.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 3.31 | ||
| Altman-Z | 1.71 |
ROIC/WACC0.69
WACC8.41%
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.
EQT has a Current ratio of 0.58. This is amonst the worse of the industry: EQT underperforms 81.34% 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 Quick ratio of 0.58. This is in the lower half of the industry: EQT underperforms 76.56% 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.
EQT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.31% yearly.
Looking at the last year, EQT shows a very strong growth in Revenue. The Revenue has grown by 38.47%.
Measured over the past years, EQT shows a small growth in Revenue. The Revenue has been growing by 3.61% on average per year.
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.
EQT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.02% yearly.
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
The Price/Earnings ratio is 20.63, which indicates a rather expensive current valuation of EQT.
Compared to the rest of the industry, the Price/Earnings ratio of EQT is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.15, EQT is valued a bit cheaper.
The Price/Forward Earnings ratio is 13.05, which indicates a correct valuation of EQT.
EQT's Price/Forward Earnings ratio is in line with the industry average.
EQT is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.22, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.63 | ||
| Fwd PE | 13.05 |
4.2 Price Multiples
EQT's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, EQT is valued a bit cheaper than 61.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.74 | ||
| EV/EBITDA | 8.64 |
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)1.55
EPS Next 2Y70.18%
EPS Next 3Y48.6%
5. Dividend
5.1 Amount
EQT has a Yearly Dividend Yield of 1.12%.
Compared to an average industry Dividend Yield of 5.96, EQT has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, EQT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
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 2Y70.18%
EPS Next 3Y48.6%
58.6
-1.92 (-3.17%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners90.11%
Inst Owner Change6.27%
Ins Owners0.57%
Ins Owner Change-0.36%
Market Cap36.57B
Revenue(TTM)7.88B
Net Income(TTM)1.78B
Analysts80.63
Price Target64.59 (10.22%)
Short Float %3.74%
Short Ratio2.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
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)0.3%
PT rev (3m)2.35%
EPS NQ rev (1m)1.15%
EPS NQ rev (3m)-28.01%
EPS NY rev (1m)1.03%
EPS NY rev (3m)-12.04%
Revenue NQ rev (1m)-1.17%
Revenue NQ rev (3m)-12.86%
Revenue NY rev (1m)-2.08%
Revenue NY rev (3m)-3.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.63 | ||
| Fwd PE | 13.05 | ||
| P/S | 4.64 | ||
| P/FCF | 14.74 | ||
| P/OCF | 7.69 | ||
| P/B | 1.58 | ||
| P/tB | 1.75 | ||
| EV/EBITDA | 8.64 |
EPS(TTM)2.84
EY4.85%
EPS(NY)4.49
Fwd EY7.66%
FCF(TTM)3.98
FCFY6.78%
OCF(TTM)7.62
OCFY13.01%
SpS12.63
BVpS37.1
TBVpS33.47
PEG (NY)0.24
PEG (5Y)1.55
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 | 1.71 |
F-Score8
WACC8.41%
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 20.63 and the Price/Book (PB) ratio is 1.58.
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.