EQT CORP (EQT)
US26884L1098 - Common Stock
Overall EQT gets a fundamental rating of 4 out of 10. We evaluated EQT against 213 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 valied quite expensively at the moment, while it does show a decent growth rate.
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.
EQT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
EQT has a Return On Assets of 6.86%. This is comparable to the rest of the industry: EQT outperforms 49.06% of its industry peers.
With a Return On Equity value of 11.75%, EQT perfoms like the industry average, outperforming 40.57% of the companies in the same industry.
With a Return On Invested Capital value of 8.33%, EQT perfoms like the industry average, outperforming 48.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.86% | ||
| ROE | 11.75% | ||
| ROIC | 8.33% |
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
Looking at the Profit Margin, with a value of 25.12%, EQT is in the better half of the industry, outperforming 63.21% of the companies in the same industry.
EQT has a Operating Margin of 35.34%. This is in the better half of the industry: EQT outperforms 63.68% of its industry peers.
EQT's Operating Margin has improved in the last couple of years.
The Gross Margin of EQT (65.09%) is better than 67.92% of its industry peers.
In the last couple of years the Gross Margin of EQT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.34% | ||
| PM (TTM) | 25.12% | ||
| GM | 65.09% |
OM growth 3YN/A
OM growth 5Y16.71%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y18.63%
GM growth 5Y2.17%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so EQT is still creating some value.
EQT has more shares outstanding than it did 1 year ago.
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
Based on the Altman-Z score of 1.65, we must say that EQT is in the distress zone and has some risk of bankruptcy.
EQT has a Altman-Z score (1.65) which is comparable to the rest of the industry.
The Debt to FCF ratio of EQT is 5.00, which is a neutral value as it means it would take EQT, 5.00 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.00, EQT is in line with its industry, outperforming 54.72% of the companies in the same industry.
A Debt/Equity ratio of 0.37 indicates that EQT is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.37, EQT is in line with its industry, outperforming 56.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 5 | ||
| Altman-Z | 1.65 |
ROIC/WACC1.09
WACC7.62%
2.3 Liquidity
A Current Ratio of 0.99 indicates that EQT may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.99, EQT is doing worse than 61.79% of the companies in the same industry.
A Quick Ratio of 0.99 indicates that EQT may have some problems paying its short term obligations.
EQT has a Quick ratio of 0.99. This is comparable to the rest of the industry: EQT outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
The earnings per share for EQT have decreased strongly by -25.48% in the last year.
The Earnings Per Share has been decreasing by -2.26% on average over the past years.
The Revenue has decreased by -7.85% in the past year.
EQT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.67% yearly.
EPS 1Y (TTM)-25.48%
EPS 3YN/A
EPS 5Y-2.26%
EPS growth Q2Q14.29%
Revenue 1Y (TTM)-7.85%
Revenue growth 3Y31.21%
Revenue growth 5Y8.67%
Revenue growth Q2Q-41.29%
3.2 Future
EQT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.57% yearly.
Based on estimates for the next years, EQT will show a quite strong growth in Revenue. The Revenue will grow by 9.09% on average per year.
EPS Next Y-38.42%
EPS Next 2Y35.17%
EPS Next 3Y27%
EPS Next 5Y28.57%
Revenue Next Year1.31%
Revenue Next 2Y17.93%
Revenue Next 3Y12.05%
Revenue Next 5Y9.09%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.87, which indicates a correct valuation of EQT.
64.62% of the companies in the same industry are cheaper than EQT, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of EQT to the average of the S&P500 Index (24.76), we can say EQT is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 25.76, the valuation of EQT can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EQT indicates a slightly more expensive valuation: EQT is more expensive than 67.45% of the companies listed in the same industry.
EQT's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 21.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.87 | ||
| Fwd PE | 25.76 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EQT indicates a somewhat cheap valuation: EQT is cheaper than 62.26% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as EQT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.93 | ||
| EV/EBITDA | 5.19 |
4.3 Compensation for Growth
EQT's earnings are expected to grow with 27.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y35.17%
EPS Next 3Y27%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.68%, EQT has a reasonable but not impressive dividend return.
EQT's Dividend Yield is comparable with the industry average which is at 5.80.
EQT's Dividend Yield is slightly below the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.68% |
5.2 History
The dividend of EQT is nicely growing with an annual growth rate of 36.84%!
EQT has paid a dividend for at least 10 years, which is a reliable track record.
EQT has decreased its dividend recently.
Dividend Growth(5Y)36.84%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
13.16% of the earnings are spent on dividend by EQT. This is a low number and sustainable payout ratio.
EQT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP13.16%
EPS Next 2Y35.17%
EPS Next 3Y27%
EQT CORP
NYSE:EQT (4/19/2024, 7:04:00 PM)
After market: 36.65 0 (0%)36.65
+0.43 (+1.19%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap16.15B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.68% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.87 | ||
| Fwd PE | 25.76 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.86% | ||
| ROE | 11.75% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 35.34% | ||
| PM (TTM) | 25.12% | ||
| GM | 65.09% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-25.48%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-38.42%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-7.85%
Revenue growth 3Y31.21%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y