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%)
EQT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 210 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.
In multiple years EQT reported negative net income over the last 5 years.
Each year in the past 5 years EQT had a positive operating cash flow.
1.2 Ratios
EQT has a better Return On Assets (4.32%) than 61.43% of its industry peers.
EQT has a Return On Equity of 7.69%. This is comparable to the rest of the industry: EQT outperforms 50.95% of its industry peers.
EQT has a Return On Invested Capital (5.82%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for EQT 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.
Looking at the Operating Margin, with a value of 33.07%, EQT is in the better half of the industry, outperforming 79.05% of the companies in the same industry.
EQT's Operating Margin has declined in the last couple of years.
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.
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
The debt/assets ratio for EQT is higher compared to a year ago.
2.2 Solvency
EQT has an Altman-Z score of 1.63. 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 1.63, EQT is in the better half of the industry, outperforming 61.43% 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.
With a Debt to Equity ratio value of 0.33, EQT perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 3.31 | ||
| Altman-Z | 1.63 |
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.
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.
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 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.
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.
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
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
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.
The average S&P500 Price/Earnings ratio is at 26.59. EQT is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 11.96, the valuation of EQT can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EQT indicates a somewhat cheap valuation: EQT is cheaper than 62.86% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.03, EQT is valued rather cheaply.
| 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.
Based on the Price/Free Cash Flow ratio, EQT is valued a bit cheaper than 64.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.56 | ||
| EV/EBITDA | 8.14 |
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 48.63% 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.
Compared to the average S&P500 Dividend Yield of 1.87, EQT is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.23% |
5.2 History
The dividend of EQT is nicely growing with an annual growth rate of 39.73%!
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
21.38% of the earnings are spent on dividend by EQT. This is a low number and 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 2Y70.53%
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 | 8.14 |
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 | 1.63 |
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 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.